1、ArcelorMittal Annual Report 2008Steel,as the most recyclable material in the world,is naturally sustainable.But we want to go beyond this.We want to ensure that our business position in the world creates sustainable benefits for all our stakeholders.Lakshmi N MittalManagement Report 01OurPhilosophy0
2、2MessagefromtheChairmanandCEO06QuestionsfortheGroupManagementBoard10MonthlyHighlights2008Safe14HealthandSafety:TheNumber1Priority20BoardofDirectors24SeniorManagementSustainable 28BusinessStrategy30CorporateResponsibility40GlobalPresence46OperationalReview53CustomersandInnovation56MarketInformationSt
3、eel60CorporateGovernance 67ShareOwnership68ShareCapitalandVotingRights69AdditionalInformationaboutArcelorMittalLegal and Financial Information 73DirectorsResponsibilityStatement2008 Consolidated Financial Statements 74ConsolidatedBalanceSheets75ConsolidatedStatementsofIncome76ConsolidatedStatementso
4、fChangesinEquity77ConsolidatedStatementsofCashFlows78NotestotheConsolidatedFinancialStatements146 AuditorsReportontheConsolidatedFinancialStatements2008 Annual Accounts 147 BalanceSheet148 ProfitandLossAccount 149 NotestotheAnnualAccounts158 AuditorsReportontheAnnualAccounts159 ProposedAllocationofR
5、esultsfor2008Contents DisclaimerArcelorMittalhasmade,andwillcontinuetomake,forward-lookingstatementswithrespectto,amongotherthings,itsfinancialposition,businessstrategy,projectedcosts,projectedsavings,andtheplansandobjectivesofourmanagement.Suchstatementsareidentifiedbytheuseofforward-lookingwordsor
6、phrasessuchasanticipates,intends,expects,plans,believes,orestimates,orwordsorphraseswithsimilarmeaning.Ouractualresultsmaydiffermateriallyfromthoseimpliedbysuchforward-lookingstatementsonaccountofknownandunknownrisksanduncertainties,including,withoutlimitation,therisksdescribedinthisAnnualReport.Arc