| Income Statement for Arcelor Mittal |
| (Amounts are in millions) |
|
12/2009 |
|
12/2008 |
|
12/2007 |
|
|
Press Release |
|
Press Release |
|
 |
| Net Sales or Revenues |
|
$65,110.00 |
|
$124,936.00 |
|
$105,216.00 |
| Cost of Goods Sold |
|
N/A |
|
$106,110.00 |
|
$84,953.00 |
|
|
|
|
|
|
|
| Gross Profit |
|
N/A |
|
$18,826.00 |
|
$20,263.00 |
| |
|
|
|
|
|
|
| Research & Development Expense |
|
N/A |
|
$0.00 |
|
$0.00 |
| Selling, General, & Admin. Expense |
|
N/A |
|
$6,590.00 |
|
$5,433.00 |
|
|
|
|
|
|
|
| Income Before Depreciation |
|
N/A |
|
$12,236.00 |
|
$14,830.00 |
| |
|
|
|
|
|
|
| Depreciation, Depletion, Amortization |
|
$4,893.00 |
|
$0.00 |
|
$0.00 |
| Non-Operating Income |
|
($3,861.00) |
|
($699.00) |
|
$58.00 |
| Interest Expense |
|
$1,507.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Pretax Income |
|
($4,437.00) |
|
$11,537.00 |
|
$14,888.00 |
| |
|
|
|
|
|
|
| Provision for Income Taxes |
|
($4,512.00) |
|
$1,098.00 |
|
$3,038.00 |
| Minority Interest |
|
($43.00) |
|
$0.00 |
|
$0.00 |
| Investment Gains (Losses) |
|
N/A |
|
$0.00 |
|
$0.00 |
| Other Income |
|
N/A |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Income Before Extraordinaries |
|
$118.00 |
|
$10,439.00 |
|
$11,850.00 |
| |
|
|
|
|
|
|
| Extraordinary Items & Disc. Operations |
|
$0.00 |
|
$0.00 |
|
$0.00 |
|
|
|
|
|
|
|
| Net Income |
|
$118.00 |
|
$10,439.00 |
|
$11,850.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| Basic Earnings Per Share |
|
$0.08 |
|
$6.80 |
|
$7.41 |
| Diluted Earnings Per Share |
|
$0.08 |
|
$6.78 |
|
$7.40 |
| |
|
|
|
|
|
|
| Weighted Average Basic Shares Outstanding |
|
1,445.00 |
|
1,383.00 |
|
1,399.00 |
| Weighted Average Diluted Shares Outstanding |
|
1,446.00 |
|
1,386.00 |
|
1,401.00 |
| |
|
|
|
|
|
|
| Income Before Non-Recurring Items |
|
$2,163.00 |
|
$14,009.45 |
|
$10,368.00 |
| Income From Non-Recurring Items |
|
($2,045.00) |
|
($4,610.45) |
|
$0.00 |
| Diluted Earnings Per Share before extras |
|
$1.50 |
|
$10.11 |
|
$7.40 |
| |
|
|
|
|
|
|
| Dividend (preferred) |
|
N/A |
|
N/A |
|
N/A |
| Dividend (common) |
|
$1,243.81 |
|
$1,847.25 |
|
$1,032.97 |
| Dividend Per Share (common) |
|
$0.80 |
|
$1.27 |
|
$1.11 |
|
