Financial highlights

Sales (US$ million)

201379,440
2012184,213

Ebitda2 (US$ million)

20136,888
201217,679

Steel shipments (million tonnes)

201384.3
201283.8

Operating income / (loss) (US$ million)

20131,197
20121(2,645)

Net (loss) (US$ million)

2013(2,545)
20121(3,352)

Basic (loss) per share (US$)

2013(1.46)
20121(2.17)

2013 steel shipments by geographic location (thousand tonnes)3

Segment Total
 
Flat Carbon Americas: 22,341
1. North America 18,127
2. South America 4,214
Flat Carbon Europe: 27,219
3. Europe 27,219
Long Carbon Americas and Europe: 22,370
4. North America 4,661
5. South America 5,478
6. Europe 11,247
7. Other4 984
AACIS (Asia, Africa and CIS): 12,345
8. Africa 4,163
9. Asia, CIS and other 8,182

1 On January 1, 2013, in accordance with IFRS as issued by the International Accounting Standards Board (‘IASB’), ArcelorMittal mandatorily adopted IFRS 10 (‘Consolidated Financial Statements’), IFRS 11 (‘Joint Arrangements’), IFRS 12 (‘Disclosure of Interests in Other Entities’), IFRS 13 (‘Fair Value Measurement’), the revision of IAS 19 (‘Employee Benefits’) and IFRIC 20 (‘Stripping Costs in the Production Phase of a Surface Mine’). Prior period 2012 information has been adjusted retrospectively for the mandatory adoption of these new standards and interpretations except for IFRS 13 which is applied only prospectively. The main effects for ArcelorMittal are related to the revision of IAS 19R which was applied retrospectively. Following the changes, the previously unrecognised actuarial gains and losses on pension liabilities are recorded in the statements of financial position in full against equity. It means that the previously unrecognised actuarial gains and losses are no longer recorded over time against profit and loss following the then allowed ‘corridor approach’. All future actuarial gains and losses will also be immediately recognised in other comprehensive income (OCI). In addition, for purposes of measuring the net financial cost on pension liabilities/assets, the expected rate of return on assets must be equal to the discount rate applicable to liabilities.

2 Ebitda is defined as operating income plus depreciation, impairment expenses and exceptional items.

3 Shipments originating from a geographical location.

4 Includes tubular products business.


Number of employees at December 31, 2013 according to segments5

Region Total %
 
1. Flat Carbon Americas 28,792 12
2. Flat Carbon Europe 58,726 25
3. Long Carbon Americas and Europe 42,210 18
4. AACIS (Asia, Africa and CIS) 50,066 22
5. Distribution Solutions 13,341 6
6. Mining 36,775 16
7. Other activities 2,443 1
 
Total 232,353 100

5 Full-time equivalent (FTE).


Allocation of employees at December 31, 2013 according to geographical location5

Region Total %
 
1. EU286 86,242 37
2. Other European countries7 37,131 16
3. North America 37,023 16
4. South America 21,093 9
5. Asia 38,441 17
6. Middle East and Africa 12,423 5
 
Total 232,353 100

5 Full-time equivalent (FTE).

6 EU28 includes Austria, Belgium, Bulgaria, Croatia ,Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom.

7 Other European countries include Bosnia, Macedonia, Norway, Russia, Serbia, Switzerland, Turkey and Ukraine.


Own annual coal production (million tonnes)8

20138.1
20128.2
20118.3

8 Not including supplies under strategic long-term contracts.


Own annual iron ore production8

201358.4
201255.9
201154.1

8 Not including supplies under strategic long-term contracts.