ArcelorMittal (ADR) 2014年年度报告「NYSE」.pdf

1、Annual Report 2014Table of contentsManagement ReportCompany overview _ 4Business overview _ 4Disclosures about market risks _ 25Summary of risks and uncertainties _ 27Group structure _ 29Key transactions and events in 2014 _ 33Recent developments _ 34Corporate governance _ 35 Luxembourg takeover law

2、 disclosure_ 45Additional information _ 59Chief executive officer and chief financial officers responsibility statement _ 62Consolidated financial statements for the year ended December 31,2014 _ 63Consolidated statements of financial position _ 64Consolidated statements of operations _ 65Consolidat

3、ed statements of other comprehensive income _ 66Consolidated statements of changes in equity _ 67Consolidated statements of cash flows _ 68Notes to the consolidated financial statements _ 69Report of the rviseur dentreprises agr consolidated financial statements _ 158Statutory financial statements o

4、f ArcelorMittal for the year ended December 31,2014 _ 160Statements of financial position _ 161Statements of operations _ 162Statements of other comprehensive income _ 162Statements of changes in equity _ 163Statements of cash flows _ 164Notes to the financial statements _ 165Report of the rviseur d

5、entreprises agr financial statements of ArcelorMittal _ 200Risks related to the global economy and the steel industry _ 203Mining _ 2134 Management reportCompany overviewCompany OverviewArcelorMittal is the worlds leading integrated steel and mining company.It results from the combination in 2006 of

6、 Mittal Steel and Arcelor,which were at the time the worlds largest and second largest steel companies by production volume respectively.ArcelorMittal had sales of$79.3 billion,steel shipments of 85.1 million tonnes,crude steel production of 93.1 million tonnes,iron ore production from own mines and