ArcelorMittal South Africa Annual Report 2009   Financial features Year ended 31 December 2009 2008 2007 2006 2005 FINANCIAL SUMMARY Physical (�e000 tonnes) Liquid steel production 5 307 5 774 6 375 7 055 7 261 Domestic sales 3 072 4 375 4 421 4 400 3 485 Export sales 1 401 714 1 408 1 794 2 745 Financials (Rm) Revenue 25 598 39 914 29 301 25 350 23 984 EBITDA 1 547 13 602 8 802 7 178 8 097 (Loss)/profit from operations 229 12 159 7 703 6 082 6 894 Flat Carbon Steel Products (614) 7 007 4 827 3 644 4 518 Long Carbon Steel Products 315 3 672 2 652 2 111 2 109 Coke and Chemicals 449 1 743 727 184 301 Corporate and other 79 (263) (503) 143 (34)& Headline (loss)/earnings (440) 9 484 5 741 4 730 5 091 Net cash flow before finance activities and repurchase of shares 346 3 765 2 871 2 200 1 057 Total assets 30 784 37 435 28 205 31 175 26 337 Share information (cents) Headline (loss)/earnings per share (104) 2 128 1 288 1 061 1 139 Dividend per share 707 429 347 380 Financial ratios (%) Return on shareholders’ equity (headline) (2) 39 26 22 29 Net cash to equity 18 29 19 33 23 Headline loss of R440 million EBITDA margin of 6%, down from 34% in 2008 Adverse impact of strong rand Sales breakdown (tonnes) 2009 3 072 1 401 4 375 714 4 421 1 408 4 400 1 794 3 485 2 745 2008 2007 2006 2005 Local Export Return on equity (%) 2009 2008 2007 2006 2005 Return on equity -1.8 39.0 26.7 22.1 28.8 Net asset value versus share price (cents) 2009 2008 2007 2006 2005 Net asset value     Share price (year-end) 5 465 6 280 4 618 5 147 4 360