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 |
- The data presented is adjusted data from Group reporting in which joint ventures are recorded according to proportional integration.
- BU consolidated at 50% in the Manganese BU until 2017
- Data at 50% until 06/30 and 100% thereafter.
- Lithium BU consolidated until 2018 with Holding & elim.
- €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.