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Годовая консолидированная финансовая отчетность по МСФО или иным международно признанным стандартам

Published: 2013-04-12 (2012 q4)
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notes
211A
2 012
2 011

revenue
2110
9 328
9 306

cost of sales
21AX
-7 881
-7 756

gross profit
2100
1 447
1 550
F: 2100 = 2110 + 21AX

general and administrative expenses
2220
-575
-560

selling and distribution expenses
22BX
-549
-499

other operating expenses net
22AX
-57
-126

operating profit
2200
266
365
F: 2200 = 2100 + 2220 + 22BX + 22AX

share of results and impairment of associates
----
20
14

finance income
----
12
15

finance costs
----
-223
-190

foreign exchange gain/-loss net
----
35
-118

impairment losses on assets held for sale and other non-current assets
----
-17
-41

change in net assets attributable to minority participants
----
-1
1

other income
----
23
11

other expenses
2350
-178
-198

loss before income tax
----
-63
-141

income tax
----
-31
16

loss for the year
----
-94
-125

other comprehensive income/-losses
----
0
0

increase/-decrease in fair value of available-for-sale investments
----
57
-320

income tax related to decrease in fair value of available-for-sale
----
0
0

investments
----
-
179

translation of foreign operations
----
-72
111

effect of translation to presentation currency
----
584
-498

other comprehensive income/-losses for the
----
0
0

year net of tax
----
569
-528

total comprehensive income/-losses for the
----
0
0

year
----
475
-653

loss attributable to
----
0
0

shareholders of the parent company
----
-91
-120

non-controlling interests
----
-3
-5

----
-94
-125

total comprehensive income/-losses attributable to
----
0
0

shareholders of the parent company
----
478
-692

non-controlling interests
----
-3
39

----
475
-653

basic and diluted losses per share -us dollars
----
-0.008
-0.011

weighted average number of ordinary shares outstanding -in thousands
----
11 007 917
11 007 133

Currency: USD
Dimension: млн
Period length: 12m
notes
----
2 012
2 011

assets

non-current assets

property plant and equipment
11AX
11 831
11 792

goodwill
1130
290
274

other intangible assets
11BX
43
29

investments in securities and other financial assets
1170
870
785

investments in associates
11CX
-
31

deferred tax assets
1180
152
110

other non-current assets
1190
7
8

total non-current assets
1100
13 193
13 029
F: 1100 = 11AX + 1130 + 11BX + 1170 + 11CX + 1180 + 1190

current assets

inventories
12AX
1 674
1 776

trade and other receivables
1260
695
617

investments in securities and other financial assets
1240
62
47

income tax receivable
12BX
90
83

value added tax recoverable
12CX
200
304

cash and cash equivalents
12DX
362
424

assets classified as held for sale
12EX
16
15

total current assets
1200
3 099
3 266
F: 1200 = 12AX + 1260 + 1240 + 12BX + 12CX + 12DX + 12EX

total assets
1600
16 292
16 295
F: 1600 = 1100 + 1200

equity and liabilities

equity

share capital
1310
386
386

treasury shares
13AX
-175
-176

share premium
13BX
1 108
1 110

investments revaluation reserve
13CX
596
539

translation reserve
13DX
-2 213
-2 725

retained earnings
13EX
9 963
10 155

equity
----
0
0

attributable to shareholders of the parent company
130S
9 665
9 289
F: 130S = 1310 + 13AX + 13BX + 13CX + 13DX + 13EX

non-controlling interests
13FX
155
159

total equity
1300
9 820
9 448
F: 1300 = 130S + 13FX

non-current liabilities

long-term borrowings
1410
2 236
3 067

obligations under finance leases
14AX
-
1

retirement benefit obligations
14BX
32
27

site restoration provision
14CX
51
44

deferred tax liabilities
1420
1 254
1 157

total non-current liabilities
1400
3 573
4 296
F: 1400 = 1410 + 14AX + 14BX + 14CX + 1420

current liabilities

short-term borrowings and current portion of long-term borrowings
1510
1 630
1 328

current

portion of obligations under finance leases
15AX
1
6

current
----
0
0

portion of retirement benefit obligations
15BX
4
3

trade and other payables
15CX
1 260
1 194

net assets attributable to minority participants
15DX
4
20

total current liabilities
1500
2 899
2 551
F: 1500 = 1510 + 15AX + 15BX + 15CX + 15DX

total equity and liabilities
1700
16 292
16 295
F: 1700 = 1300 + 1400 + 1500

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

years ended 31 december

notes
2012
2 011

operating activities

loss for the year
-94
-125

adjustments to loss for the year

income tax
31
-16

depreciation and amortisation
952
887

finance costs
223
190

loss on disposal of property plant and equipment
118
70

impairment losses on assets held for sale and other non-current

assets
17
41

change in allowance for doubtful accounts receivable
-4
24

-gain/loss on revaluation and sale of trading securities
-15
16

change in allowance for obsolete and slow-moving items
-16
23

finance income
-12
-15

foreign exchange loss net
-35
118

gain on sale of disposal subsidiaries
-18
-

share of results and impairment of associates
-20
-14

change in net assets attributable to minority participants
1
-1

1128
1 198

movements in working capital

decrease in trade and other receivables
-12
66

decrease/-increase in value added tax recoverable
113
-111

decrease/-increase in inventories
205
-688

decrease in investments classified as trading securities
16
94

-decrease/increase in trade and other payables
-8
292

cash generated from operations
1442
851

interest paid
-205
-168

income tax paid
-44
-105

net cash generated by operating activities
1193
578

investing activities

purchase of property plant and equipment
-674
-1 154

purchase of intangible assets
-7
-8

proceeds from sale of property plant and equipment
8
10

interest received
10
13

loans provided to related party
-25
-67

proceeds from sale of disposal group
-
55

proceeds from sale of subsidiary
37
7

proceeds from sale of securities and other financial assets
3
7

changes in letters of credit net
2
-

dividends received from associates
45
9

net cash used in investing activities
-601
-1 128

the notes on pages 9 to 56 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 2012

-continued

-in millions of us dollars

years ended 31 december

notes
2012
2 011

financing activities

proceeds from borrowings
1899
3 358

repayments of borrowings
-2548
-2 350

proceeds from capital transactions of subsidiaries
-
28

purchase of treasury shares
-2
-33

proceeds from issuance of ordinary shares from treasury shares
1
34

principal repayments of obligations under finance leases
-6
-13

net decrease in bank overdrafts
-
-1

acquisition of non-controlling interest
-
-475

dividends paid to

- equity holders of the parent company
-
-121

- non-controlling interests
-1
-1

net cash -used in/generated by financing activities
-657
426

net decrease in cash and cash equivalents
-65
-124

cash and cash equivalents beginning of year
424
515

effect of translation to presentation currency and exchange rate

changes on the balance of cash held in foreign currencies
3
33

cash and cash equivalents end of year
362
424

Currency: USD
Dimension: млн
Period length: 12m

Revenue (and EBITDA) for the reporting quarter is calculated based on subtracting the log of previous recognitions
(only partially, unknown quarters are averaged)

 

(since the start of the year) thousands RUB
2012 q4
2011 q4
change
revenue
289 747 372
290 441 317
-0.2%
gross_profit
44 946 875
48 375 676
-7.1%
operating_profit
8 262 522
11 391 691
-27.5%
profit_financial
-6 554 105
-5 461 770
percent_profit
372 745
468 152
-20.4%
percent_loss
-6 926 851
-5 929 922
net_income
-2 919 838
-3 901 264
EBITDA
37 833 651
39 075 062
-3.2%
EBIT
8 262 522
11 391 691
-27.5%
EBITDAR
37 833 651
39 075 062
-3.2%

amortization
29 571 130
27 683 371
+6.8%
dividend
1 397 795
280 891
+397.6%
investing_net_cashflow
-18 668 329
-35 205 008
total_cashflow
-2 019 037
-3 870 054

thousands RUB
2012 q4
2011 q4
change
Revenue
65 364 621
q3
74 013 751
72 610 329
q2
77 167 485
67 633 414
q1
73 201 515
Gross profit
9 954 051
Net income
-4 468 969
q3
2 617 131
-975 316
q2
-1 490 606
363 770
q1
422 606
Operating profit
-322 164
q3
4 691 686
2 847 922
q2
2 896 856
4 561 128
q1
996 144
Amortization
6 974 435
q3
7 723 100
6 455 814
q2
7 568 537
6 002 220
q1
7 305 058
EBITDA
6 652 270
Profit financial
-1 613 126
Percent profit
63 997
Percent loss
-1 677 123
Dividend
1 397 795
Investing net cashflow
-2 614 463
Total cashflow
-504 759
-967 514
thousands RUB
2012 q4
 
change
Total equity
300 099 200
Total assets
497 883 520
Net debt
110 077 120
cash_equivalents
11 062 720
investments
1 894 720
credit
118 144 960
lease
30 560
minority_interest
4 859 040
Прочие параметры (до вычета)
2012 q4
income
costOfSales
-244 800 498
-242 065 641
commercialGeneralAdminCosts
-17 860 714
-17 477 664
otherOperatingCosts
-1 770 540
-3 932 474
financialProfitPositive
372 745
468 152
-20.4%
financialLossNegative
-6 926 851
-5 929 922
nonControllingInterests
-93 186
-156 051
balance
shorttermOtherAssetsFinancial
1 894 720
1 509 640
+25.5%
shorttermAssetsTotal
94 705 440
104 903 920
-9.7%
PropertyPlantEquipment
361 555 360
378 759 040
-4.5%
goodwill
8 862 400
8 800 880
+0.7%
longtermIntangibleAssets
1 314 080
931 480
+41.1%
longtermOtherInvestments
26 587 200
25 214 200
+5.4%
longtermPrepaymentMade
213 920
256 960
-16.7%
shorttermLiabilitiesTradePayables
38 505 600
38 351 280
+0.4%
shorttermLiabilitiesCredit
49 812 800
42 655 360
+16.8%
shorttermLiabilitiesLease
30 560
192 720
-84.1%
shorttermLiabilitiesTotal
88 593 440
81 938 120
+8.1%
longtermLiabilitiesCredit
68 332 160
98 512 040
-30.6%
longtermLiabilitiesLease
0
32 120
-100.0%
longtermLiabilitiesTotal
109 190 880
137 987 520
-20.9%
capitalAuthorized
11 796 160
12 398 320
-4.9%
capitalRetainedProfit
304 469 280
326 178 600
-6.7%
capitalTreasuryShares
-5 348 000
-5 653 120
cashflow
cashflowPurchaseOfPPE
-20 935 863
-36 016 471
cashflowSaleOfPPE
248 497
312 101
-20.4%
cashflowSaleOfSubsidiaries
1 149 298
218 471
+426.1%
cashflowSaleOfOtherFinancial
93 186
218 471
-57.3%
cashflowPurchaseOfIntangibleAssets
-217 435
-249 681
cashflowPurchaseOfShares
-62 124
-1 029 934
cashflowLoansReceived
58 986 949
104 803 562
-43.7%
cashflowDividendsReceived
1 397 795
280 891
+397.6%
cashflowEffectOfExchangeRate
-1 087 174
3 682 793
-129.5%