ArcelorMittal South Africa
Annual Report 2009Group
Company
Notes
2009
Rm
2008
Rm
2009
Rm
2008
Rm
Revenue
25 598
39 914
23 282
35 990
Raw materials and consumables used
(14 003) (18 556) (12 975) (17 699)
Employee costs
(2 640)
(2 598)
(2 635)
(2 591)
Energy
(2 062)
(1 474)
(1 558)
(1 075)
Movement in inventories of finished goods and
work-in-progress
(1 296)
1 844
(1 139)
1 942
Impairment charge
(26)
(121)
(28)
Depreciation
(1 279)
(1 310)
(909)
(849)
Amortisation of intangible assets
(13)
(12)
(10)
(9)
Other operating expenses
(4 050)
(5 528)
(3 358)
(4 584)
Profit from operations
9
229
12 159
698
11 097
(Losses)/gains on changes in foreign exchange rates and
financial instruments designated as held for trading at
fair value through profit or loss
10
(813)
637
(776)
633
Interest received
11
199
318
197
296
Finance costs
12
(276)
(238)
(241)
(201)
Income from investments
13
3
3
9
341
Impairment reversal/(charge)
14
9
36
(122)
(45)
Income after tax from equity-accounted investments
206
331
(Loss)/profit before taxation
(443)
13 246
(235)
12 121
Income tax expense
15
(35)
(3 865)
(183)
(3 562)
(Loss)/profit for the year
(478)
9 381
(418)
8 559
Attributable to:
Owners of the company
(478)
9 381
Attributable (loss)/earnings per share (cents)
- basic
(113)
2 105
- diluted
(113)
2 097
Group and company income statements
for the year ended 31 December 2009
