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Годовая консолидированная финансовая отчетность по МСФО или иным международно признанным стандартам

Published: 2015-03-19 (2014 q4)
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notes
211A
2 014
2 013

revenue
2110
7 952
8 190

cost of sales
21AX
-6 212
-6 967

gross profit
2100
1 740
1 223
F: 2100 = 2110 + 21AX

general and administrative expenses
2220
-381
-524

selling and distribution expenses
22BX
-529
-609

other operating -expenses/income net
22AX
-27
84

operating profit
2200
803
174
F: 2200 = 2100 + 2220 + 22BX + 22AX

share of results and impairment of associates
----
1
1

finance income
----
13
8

finance costs
----
-173
-181

foreign exchange loss net
----
-622
-152

reversal of impairment losses /-impairment losses
----
0
0

and provision for site restoration
----
20
-2 456

other income
----
2
5

other expenses
2350
-98
-134

loss before income tax
----
-54
-2 735

income tax
----
10
306

loss for the year
----
-44
-2 429

other comprehensive income/-loss items that will be reclassified subsequently to profit or loss
----
0
0

-decrease/increase in fair value of available-for-sale investments
----
-394
22

translation of foreign operations
----
870
163

items that will not be reclassified subsequently to profit or loss
----
0
0

actuarial gains
----
7
1

effect of translation to presentation currency
----
-3 232
-728

other comprehensive loss for the year
----
0
0

net of tax
----
-2 749
-542

total comprehensive loss for the year
----
-2 793
-2 971

loss attributable to
----
0
0

shareholders of the parent company
----
-43
-2 400

non-controlling interests
----
-1
29

----
-44
-2 429

total comprehensive losses attributable to
----
0
0

shareholders of the parent company
----
-2 792
-2 942

non-controlling interests
----
-1
-29

----
-2 793
-2 971

basic and diluted losses per share -us dollars
----
-0.004
-0.218

weighted average number of ordinary shares outstanding -in thousands
----
11 154 352
11 017 397

Currency: USD
Dimension: млн
Period length: 12m
notes
----
2 014
2 013

assets

non-current assets

property plant and equipment
11AX
5 072
8 618

goodwill
11BX
-
-

other intangible assets
11CX
24
39

investments in securities and other financial assets
1170
352
830

investments in associates
11DX
1
2

deferred tax assets
1180
144
171

other non-current assets
1190
4
12

total non-current assets
1100
5 597
9 672
F: 1100 = 11AX + 11BX + 11CX + 1170 + 11DX + 1180 + 1190

current assets

inventories
12AX
1 007
1 478

trade and other receivables
1260
558
630

investments in securities and other financial assets
1240
230
17

income tax receivable
12BX
26
9

value added tax recoverable
12CX
112
173

cash and cash equivalents
12DX
327
154

assets classified as held for sale
12EX
-
15

total current assets
1200
2 260
2 476
F: 1200 = 12AX + 1260 + 1240 + 12BX + 12CX + 12DX + 12EX

total assets
1600
7 857
12 148
F: 1600 = 1100 + 1200

equity and liabilities

equity

share capital
1310
386
386

treasury shares
13AX
-13
-30

share premium
13BX
995
1 020

investments revaluation reserve
13CX
224
618

translation reserve
13DX
-5 140
-2 778

retained earnings
13EX
7 458
7 612

equity
----
0
0

attributable to shareholders of the parent company
130S
3 910
6 828
F: 130S = 1310 + 13AX + 13BX + 13CX + 13DX + 13EX

non-controlling interests
13FX
32
33

total equity
1300
3 942
6 861
F: 1300 = 130S + 13FX

non-current liabilities

long-term borrowings
1410
1 722
2 163

retirement benefit obligations
14AX
10
27

site restoration provision
14BX
88
181

deferred tax liabilities
1420
487
851

total non-current liabilities
1400
2 307
3 222
F: 1400 = 1410 + 14AX + 14BX + 1420

current liabilities

short-term borrowings and current portion of long-term borrowings
1510
863
1 010

current

portion of retirement benefit obligations
15AX
2
4

trade and other payables
15BX
736
1 037

current
----
0
0

portion of site restoration provision
15CX
6
11

net assets attributable to minority participants
15DX
1
3

total current liabilities
1500
1 608
2 065
F: 1500 = 1510 + 15AX + 15BX + 15CX + 15DX

total equity and liabilities
1700
7 857
12 148
F: 1700 = 1300 + 1400 + 1500

Currency: USD
Dimension: млн
-in millions of us dollars

years ended 31 december

notes
2014
2 013

operating activities

loss for the year
-44
-2 429

adjustments to loss for the year

income tax
-10
-306

depreciation and amortisation
746
969

finance costs
173
181

loss on disposal of property plant and equipment
57
79

reversal of impairment losses /-impairment losses and

provision for site restoration
-20
2 456

change in allowance for doubtful accounts receivable
3
-6

loss on revaluation of trading securities
1
4

change in allowance for obsolete and slow-moving items
14
2

finance income
-13
-8

income from available-for-sale investments
-28
-14

foreign exchange loss net
622
152

gain on disposal of associates
-
-131

gain on sale of assets held for sale
-1
-

impairment losses on investments
1
-

share of results and impairment of associates
-1
-1

1500
948

movements in working capital

-increase/decrease in trade and other receivables
-226
13

decrease in value added tax recoverable
23
18

-increase/decrease in inventories
-36
103

decrease in investments classified as trading securities
1
12

increase /-decrease in trade and other payables
191
-47

cash generated from operations
1453
1 047

interest paid
-157
-177

income tax -paid/received
-40
62

net cash generated by operating activities
1253
932

investing activities

purchase of property plant and equipment
-497
-622

purchase of intangible assets
-9
-8

proceeds from sale of property plant and equipment
11
6

redemption of promissory notes receivable from related party
-
127

interest received
13
13

proceeds from sale of assets classified as held for sale
19
-

proceeds from sale of associates
-
131

proceeds from sale of subsidiaries
7
2

acquisition of associates
-
-1

loans given
-4
-20

loans repaid
24
-

changes in letters of credit net
-
2

bank deposits
-222
-

dividends received from available-for-sale investments
28
14

dividends received from associates
-
5

net cash used in investing activities
-630
-351

the notes on pages 9 to 54 are an integral part of these consolidated financial statements

open joint stock company

magnitogorsk iron & steel works and subsidiaries

consolidated statement of cash flows for the year ended 31 december 2014

-continued

-in millions of us dollars

years ended 31 december

notes
2014
2 013

financing activities

proceeds from borrowings
1353
1 468

repayments of borrowings
-1487
-2 102

purchase of treasury shares
-68
-11

proceeds from issuance of ordinary shares from treasury shares
60
50

principal repayments of obligations under finance leases
-
-2

acquisition of non-controlling interest
-
-44

dividends paid to

- equity holders of the parent company
-117
-96

net cash used in by financing activities
-259
-737

net increase/-decrease in cash and cash

equivalents
367
-156

cash and cash equivalents beginning of year
154
362

effect of translation to presentation currency and exchange rate

changes on the balance of cash held in foreign currencies
-194
-52

cash and cash equivalents end of year
327
154

Currency: USD
Dimension: млн
Period length: 12m

Revenue (and EBITDA) for the reporting quarter is calculated based on deduction of recorded financial history
(completely, the history was found for all previous parts of the year)

 

(since the start of the year) thousands RUB
2014 q4
2013 q4
change
revenue
381 648 464
266 482 624
+43.2%
gross_profit
83 509 598
39 793 437
+109.9%
operating_profit
38 539 200
5 661 536
+580.7%
profit_financial
-7 679 044
-5 628 998
percent_profit
623 922
260 300
+139.7%
percent_loss
-8 302 966
-5 889 299
net_income
-2 111 737
-79 033 736
EBITDA
74 342 740
37 190 432
+99.9%
EBIT
38 539 200
5 661 536
+580.7%
EBITDAR
74 342 740
37 190 432
+99.9%

amortization
35 803 540
31 528 897
+13.6%
dividend
1 343 833
455 526
+195.0%
investing_net_cashflow
-30 236 234
-11 420 684

thousands RUB
2014 q4
2013 q4
change
Revenue
161 022 464
67 110 624
+139.9%
q3
77 479 000
61 545 000
q2
77 319 000
68 369 000
q1
65 828 000
69 458 000
Gross profit
36 707 442
11 724 565
+213.1%
Net income
-5 841 481
-70 289 843
q3
942 744
-4 522 893
q2
5 555 420
-4 798 766
q1
-2 768 420
577 766
Operating profit
18 129 078
1 382 478
+1 211.3%
q3
11 059 122
-589 942
q2
6 617 623
1 037 496
q1
2 733 377
3 831 504
Amortization
14 265 446
7 767 321
+83.7%
q3
8 020 094
8 628 576
q2
7 070 034
7 652 445
q1
6 447 966
7 480 555
EBITDA
32 873 740
10 054 432
+227.0%
q3
18 617 000
7 181 000
q2
13 673 000
8 637 000
q1
9 179 000
11 318 000
Profit financial
-5 887 383
-274 437
Percent profit
-1 077 751
39 751
-2 811.2%
Percent loss
-4 580 632
-1 628 767
Dividend
836 202
455 526
+83.6%
Investing net cashflow
-12 106 526
-6 537 271
thousands RUB
2014 q4
 
change
Total equity
233 497 274
Total assets
465 395 252
Net debt
122 079 625
cash_equivalents
19 369 256
investments
13 623 636
credit
153 117 822
minority_interest
1 954 696
Прочие параметры (до вычета)
2014 q4
income
costOfSales
-298 138 865
-226 689 187
commercialGeneralAdminCosts
-18 285 722
-17 049 682
otherOperatingCosts
-1 295 839
financialProfitPositive
623 922
260 300
+139.7%
financialLossNegative
-8 302 966
-5 889 299
nonControllingInterests
-47 994
943 589
-105.1%
balance
shorttermOtherAssetsFinancial
13 623 636
558 280
+2 340.3%
shorttermAssetsTotal
133 867 032
81 311 840
+64.6%
PropertyPlantEquipment
300 430 790
283 015 120
+6.2%
goodwill
1 421 597
1 280 760
+11.0%
longtermOtherInvestments
20 850 086
27 257 200
-23.5%
longtermPrepaymentMade
236 933
394 080
-39.9%
shorttermLiabilitiesTradePayables
43 595 635
34 055 080
+28.0%
shorttermLiabilitiesCredit
51 118 252
33 168 400
+54.1%
shorttermLiabilitiesTotal
95 246 986
67 814 600
+40.5%
longtermLiabilitiesCredit
101 999 570
71 032 920
+43.6%
longtermLiabilitiesTotal
136 650 992
105 810 480
+29.1%
capitalAuthorized
22 864 015
12 676 240
+80.4%
capitalRetainedProfit
441 761 206
249 978 080
+76.7%
capitalTreasuryShares
-770 032
-985 200
cashflow
cashflowPurchaseOfPPE
-23 853 029
-20 238 363
cashflowSaleOfPPE
527 934
195 225
+170.4%
cashflowSaleOfSubsidiaries
335 958
65 075
+416.3%
cashflowPurchaseOfIntangibleAssets
-431 946
-260 300
cashflowPurchaseOfShares
-3 263 594
-357 913
cashflowLoansReceived
64 935 912
47 765 140
+35.9%
cashflowDividendsReceived
1 343 833
455 526
+195.0%
cashflowEffectOfExchangeRate
29 852 282
4 945 709
+503.6%