In accordance with the IFRS 5 standard - "Non-current assets held for sale and discontin-ued operations", the Aubert & Duval, Erasteel and Sandouville entities are presented in the Group's consolidated financial statements as operations in the process of being sold for the 2020 and 2021 financial years

Amounts in €million

IFRS 5

ERAMET GROUP

2021 (i)

*

2021 (i)

2020* (i)

2019* (i)

2018 (i)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

3 668

2 792

4 499

3 553

3 671

3 825

3 652

2 984

3 109

3 144

3 162

3 447

Ebitda

1 051

516

1 031

398

630

843

871

375

92

363

231

407

Current operating income (COI)

784

257

751

106

341

581

608

84

-207

75

-45

153

Operating income

879

24

545

-455

223

465

567

-95

-813

-54

-548

79

Net Income - Group share

298

-675

298

-675

-184

53

203

-179

-714

-159

-370

9

Net cash flow from operating activities

713

398

644

308

86

449

687

121

-7

43

161

217

CAPEX

312

299

364

342

455

281

230

217

267

346

587

641

Capital employed at closing

2 503

2 661

2 624

2 661

3 160

2 781

2 584

2 838

3 060

3 462

2 992

2 979

Workforce

8 523

8 063

13 373

13 129

13 097

12 705

12 590

12 777

13 938

13 992

14 026

14 353

Total Shareholders'equity

1 335

958

1 335

958

1 600

1 908

1 980

1 776

1 779

2 754

3 010

3 809

Net cash / (Net debt)

-936

-1 378

-991

-1 378

-1 349

-717

-376

-836

-878

-547

-218

448

Gearing (if < 0, na)

70%

144%

74%

144%

84%

38%

19%

47%

49%

20%

7%

na

MINING / METALS

ERAMET MANGANESE

2021 (i)

2020 (i)

2021 (i)

2020 (i)

2019 (i)

2018 (i)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

2 267

1 699

2 267

1 699

1 765

1 857

1 919

1 439

1 430

1 429

1 562

1 560

Ebitda

910

442

910

442

560

784

861

358

196

266

350

357

Current operating income (COI)

769

339

769

339

459

699

738

219

58

137

218

240

Net cash flow from operating activities

728

472

728

472

206

499

722

243

106

140

314

172

CAPEX

244

195

244

195

234

140

89

104

164

199

346

399

Capital employed at closing

1 246

1 055

1 246

1 055

1 258

963

1 125 (v)

1 339

1 587

1 676

1 406

1 400

Workforce

4 513

4 319

4 513

4 319

4 038

3 922

4 809

4 962

5 898

5 982

5 673

6 021

ERAMET NICKEL

2021 (i)

2020 (i)

2021 (i)

2020 (i)

2019 (i)

2018 (i)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

1 046

802

1 199

905

778

739

644

595

686

781

704

898

Ebitda

113

52

86

21

38

-18

-44

-24

-156

42

-130

53

Current operating income (COI)

37

-46

10

-79

-58

-111

-125

-119

-261

-52

-222

-38

Net cash flow from operating activities

39

53

-3

17

-17

-21

-69

-137

-60

-18

-116

42

CAPEX

35

39

41

44

35

57

80

56

56

97

172

146

Capital employed at closing

579

636

828

636

664

611

710

700

652

967

824

778

Workforce

2 253

2 161

2 444

2 353

2 227

2 284

2 322

2 534

2 777

2 809

2 974

2 999

ERAMET LITHIUM (iv)

2021 (iv)

2020 (iv)

2021 (iv)

2020 (iv)

2019 (iv)

Sales

0

0

0

0

0

Ebitda

-5

-5

-5

-3

0

Current operating income (COI)

-5

-5

-5

-5

0

Net cash flow from operating activities

-20

-52

-20

-52

-13

CAPEX

5

34

5

34

101

Capital employed at closing

168

40

168

40

68

Workforce

81

83

81

83

140

ERAMET MINERAL SANDS (ii)

2021

2020

2021

2020

2019

2018 (iii)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

349

276

349

276

286

212

Ebitda

137

91

137

91

106

62

Current operating income (COI)

94

44

94

44

64

35

Net cash flow from operating activities

129

60

129

60

55

41

CAPEX

21

16

21

16

13

12

Capital employed at closing

637

667

637

667

720

754

Workforce

983

965

983

965

995

922

ERAMET ALLOYS

2021(i)

2020(i)

2021(i)

2020(i)

2019 (i)

2018 (i)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

7

20

685

680

847

1 020

1 087

949

991

938

904

997

Ebitda

-1

0

-29

-119

-26

46

84

74

78

81

49

40

Current operating income (COI)

-2

-1

-43

-153

-68

-8

32

27

27

23

4

-5

Net cash flow from operating activities

-5

2

-84

-116

-84

-1

90

22

27

18

34

22

CAPEX

0

1

46

38

53

63

59

55

44

48

64

84

Capital employed at closing

71

182

217

182

481

488

751

790

800

789

760

787

Workforce

0

0

4 659

4 874

5 178

5 092

5 021

4 840

4 824

4 746

4 865

4 857

HOLDING & ELIM.

2021 (i)

2020 (i)

2021 (i)

2020 (i)

2019 (i)

2018 (i)

2017 (i)

2016 (i)

2015 (i)

2014 (i)

2013

2012

Sales

-1

-6

-1

-7

-5

-3

2

1

2

-4

-8

-8

Ebitda

-102

-64

-68

-32

-49

-31

-30

-33

-26

-26

-38

-43

Current operating income (COI)

-109

-74

-74

-41

-56

-34

-37

-43

-31

-33

-45

-44

Net cash flow from operating activities

-159

-137

-107

-73

-61

-69

-56

-7

-80

-97

-71

-19

CAPEX

8

14

8

15

20

9

2

2

3

2

5

12

Capital employed at closing

330

287

330

287

67

-34

-2

9

21

30

2

14

Workforce

537

535

537

535

519

485

438

441

439

455

514

476

  1. The data presented is adjusted data from Group reporting in which joint ventures are recorded according to proportional integration.
  2. BU consolidated at 50% in the Manganese BU until 2017
  3. Data at 50% until 06/30 and 100% thereafter.
  4. Lithium BU consolidated until 2018 with Holding & elim.
  5. €1 125m of which €854m regarding BU Manganese. The difference relates to BU Mineral Sands.
  • In accordance with IAS 8 "Accounting Policies, Changes in Accounting Estimates and Errors", the consolidated financial statements were restated on 1 January 2020 for the impact of financial fraud at the Group's head office.

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Eramet SA published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 17:48:09 UTC.