Balance Sheet EVRAZ plc

Equities

EVR

GB00B71N6K86

Iron & Steel

Delayed London S.E. Other stock markets 06:00:01 2022-03-10 am EST			5-day change	1st Jan Change
80.89 ^GBX	-12.59%		-0.14%	-0.14%

Aug. 07	UK Regulator Imposes Sanctions on Ernst & Young Over Audit Breaches	MT
Feb. 27	Abramovich ally Shvidler loses appeal over UK sanctions	RE

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Published financial data: EVRAZ PLC

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2017	2018	2019	2020	2021
Revenues	10.83B	12.84B	11.9B	9.75B	13.49B
Total Revenues	10.83B	12.84B	11.9B	9.75B	13.49B
Cost of Goods Sold, Total	7.48B	8.01B	8.27B	6.71B	7.45B
Gross Profit	3.34B	4.82B	3.63B	3.04B	6.03B
Selling General & Admin Expenses, Total	1.3B	1.6B	1.61B	1.43B	1.41B
Impairment of Oil, Gas & Mineral Properties - (IS)	-9M	9M	100M	-2M	15M
Other Operating Expenses	39M	48M	51M	61M	36M
Other Operating Expenses, Total	1.33B	1.65B	1.76B	1.49B	1.46B
Operating Income	2.01B	3.17B	1.87B	1.55B	4.57B
Interest Expense, Total	-402M	-330M	-305M	-300M	-196M
Interest And Investment Income	14M	18M	11M	6M	4M
Net Interest Expenses	-388M	-312M	-294M	-294M	-192M
Income (Loss) On Equity Invest.	11M	9M	9M	2M	14M
Currency Exchange Gains (Loss)	-54M	361M	-341M	408M	11M
Other Non Operating Income (Expenses)	3M	2M	11M	14M	-
EBT, Excl. Unusual Items	1.58B	3.23B	1.26B	1.68B	4.41B
Impairment of Goodwill	-	-	-300M	-132M	-
Gain (Loss) On Sale Of Investments	-57M	13M	-39M	-71M	-20M
Gain (Loss) On Sale Of Assets	-364M	-21M	32M	-2M	-5M
Asset Writedown	-2M	-21M	-42M	-180M	-7M
Other Unusual Items	-3M	-3M	-4M	-3M	-3M
EBT, Incl. Unusual Items	1.16B	3.2B	902M	1.3B	4.37B
Income Tax Expense	396M	731M	537M	437M	847M
Earnings From Continuing Operations	759M	2.47B	365M	858M	3.52B
Earnings Of Discontinued Operations	-	-	-	-	-417M
Net Income to Company	759M	2.47B	365M	858M	3.11B
Minority Interest	-60M	-64M	-39M	-10M	-73M
Net Income - (IS)	699M	2.41B	326M	848M	3.03B
Net Income to Common Incl Extra Items	699M	2.41B	326M	848M	3.03B
Net Income to Common Excl. Extra Items	699M	2.41B	326M	848M	3.45B
Per Share Items
Net EPS - Basic	0.49	1.67	0.23	0.58	2.08
Basic EPS - Continuing Operations	0.49	1.67	0.23	0.58	2.37
Basic Weighted Average Shares Outstanding	1.43B	1.44B	1.45B	1.46B	1.46B
Net EPS - Diluted	0.48	1.65	0.22	0.58	2.07
Diluted EPS - Continuing Operations	0.48	1.65	0.22	0.58	2.35
Diluted Weighted Average Shares Outstanding	1.45B	1.46B	1.46B	1.46B	1.46B
Normalized Basic EPS	0.65	1.36	0.51	0.72	1.84
Normalized Diluted EPS	0.64	1.34	0.51	0.71	1.83
Dividend Per Share	0.6	0.78	1.15	0.5	0.95
Payout Ratio	61.52	64.67	333.13	102.83	50.46
American Depositary Receipts Ratio (ADR)	3	3	3	3	3
Supplemental Items
EBITDA	2.56B	3.72B	2.52B	2.13B	5.12B
EBITA	2.05B	3.22B	1.9B	1.59B	4.6B
EBIT	2.01B	3.17B	1.87B	1.55B	4.57B
EBITDAR	-	-	2.54B	2.14B	5.14B
Total Revenues (As Reported)	10.83B	12.84B	11.9B	9.75B	13.49B
Effective Tax Rate - (Ratio)	34.29	22.84	59.53	33.75	19.38
Total Current Taxes	484M	679M	540M	575M	778M
Total Deferred Taxes	-89M	48M	5M	-142M	76M
Normalized Net Income	928M	1.96B	745M	1.04B	2.68B
Interest Capitalized	6M	1M	-	-	-
Interest on Long-Term Debt	286M	249M	239M	234M	141M
Non-Cash Pension Expense	21M	17M	21M	16M	10M
Supplemental Operating Expense Items
Selling and Marketing Expenses	717M	1.01B	966M	840M	827M
General and Administrative Expenses	536M	542M	606M	548M	544M
Net Rental Expense, Total	-	-	19M	18M	17M
Imputed Operating Lease Interest Expense	-	-	9.84M	8.83M	6.25M
Imputed Operating Lease Depreciation	-	-	9.16M	9.17M	10.75M
Stock-Based Comp., G&A Exp. (Total)	9M	8M	7M	7M	6M
Stock-Based Comp., Other (Total)	8M	7M	6M	4M	6M
Total Stock-Based Compensation	17M	15M	13M	11M	12M

Fiscal Period: December	2017	2018	2019	2020	2021
Assets
Cash And Equivalents	1.47B	1.07B	1.42B	1.63B	1.03B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	1.47B	1.07B	1.42B	1.63B	1.03B
Accounts Receivable, Total	674M	764M	436M	309M	615M
Other Receivables	376M	343M	327M	294M	245M
Notes Receivable	11M	36M	41M	9M	-
Total Receivables	1.06B	1.14B	804M	612M	860M
Inventory	1.2B	1.47B	1.48B	1.08B	1.56B
Prepaid Expenses	89M	113M	93M	80M	96M
Other Current Assets, Total	15M	3M	4M	2M	2.18B
Total Current Assets	3.83B	3.8B	3.8B	3.41B	5.73B
Gross Property Plant And Equipment	10.06B	8.84B	10.23B	9.63B	7.09B
Accumulated Depreciation	-5.18B	-4.68B	-5.38B	-5.34B	-3.92B
Net Property Plant And Equipment	4.87B	4.17B	4.85B	4.29B	3.17B
Long-term Investments	112M	74M	92M	79M	100M
Goodwill	917M	864M	594M	457M	457M
Other Intangibles, Total	259M	206M	185M	138M	126M
Accounts Receivable Long-Term	23M	17M	16M	18M	12M
Loans Receivable Long-Term	20M	1M	1M	-	10M
Deferred Tax Assets Long-Term	173M	92M	152M	245M	183M
Other Long-Term Assets, Total	174M	153M	155M	75M	68M
Total Assets	10.38B	9.37B	9.85B	8.71B	9.85B
Liabilities
Accounts Payable, Total	1.08B	999M	996M	882M	1.28B
Accrued Expenses, Total	363M	400M	307M	319M	285M
Short-term Borrowings	148M	377M	140M	938M	-
Current Portion of Long-Term Debt	-	-	-	140M	101M
Current Portion of Leases	-	3M	34M	30M	22M
Current Income Taxes Payable	67M	104M	79M	108M	67M
Unearned Revenue Current, Total	-	320M	353M	314M	250M
Other Current Liabilities	459M	302M	344M	376M	1.53B
Total Current Liabilities	2.12B	2.5B	2.25B	3.11B	3.54B
Long-Term Debt	5.24B	4.19B	4.6B	3.76B	3.44B
Long-Term Leases	-	3M	83M	57M	49M
Pension & Other Post Retirement Benefits	284M	226M	271M	240M	143M
Deferred Tax Liability Non Current	328M	258M	352M	253M	194M
Other Non Current Liabilities	384M	257M	361M	374M	259M
Total Liabilities	8.35B	7.44B	7.92B	7.79B	7.62B
Common Stock, Total	1.51B	75M	75M	75M	75M
Additional Paid In Capital	2.5B	2.48B	2.49B	2.51B	2.52B
Retained Earnings	635M	3.03B	2.22B	2.19B	3.47B
Treasury Stock	-231M	-196M	-169M	-154M	-148M
Comprehensive Income and Other	-2.63B	-3.7B	-2.94B	-3.83B	-3.87B
Total Common Equity	1.78B	1.68B	1.68B	791M	2.05B
Minority Interest	242M	257M	252M	129M	180M
Total Equity	2.03B	1.94B	1.93B	920M	2.23B
Total Liabilities And Equity	10.38B	9.37B	9.85B	8.71B	9.85B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.43B	1.44B	1.45B	1.46B	1.46B
ECS Total Common Shares Outstanding	1.43B	1.44B	1.45B	1.46B	1.46B
Book Value / Share	1.25	1.16	1.15	0.54	1.41
Tangible Book Value	608M	611M	897M	196M	1.47B
Tangible Book Value Per Share	0.42	0.42	0.62	0.13	1.01
Total Debt	5.39B	4.57B	4.86B	4.92B	3.61B
Net Debt	3.92B	3.5B	3.43B	3.3B	2.58B
Debt Equivalent of Unfunded Proj. Benefit Obligation	284M	223M	259M	240M	118M
Debt Equivalent Oper. Leases	-	-	152M	144M	136M
Minority Interest, Total (Incl. Fin. Div)	242M	257M	252M	129M	180M
Equity Method Investments, Total	79M	74M	92M	79M	100M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	548M	737M	811M	542M	686M
Inventories - Work In Process, Total	245M	292M	185M	136M	237M
Inventories - Finished Goods, Total	405M	445M	484M	407M	642M
Land - (BS)	107M	100M	102M	97M	90M
Buildings, Total	1.89B	1.75B	1.9B	1.79B	1.76B
Machinery, Total	5.07B	4.53B	5.13B	4.93B	4.13B
Full Time Employees	70.19K	68.38K	71.22K	69.62K	71.59K
Accumulated Allowance for Doubtful Accounts (Supple)	54M	42M	46M	37M	31M

Fiscal Period: December	2017	2018	2019	2020	2021
Net Income	699M	2.41B	326M	848M	3.03B
Depreciation & Amortization - CF	517M	498M	544M	570M	531M
Amortization of Goodwill and Intangible Assets - (CF)	44M	44M	34M	35M	32M
Impairment of Oil, Gas & Mineral Properties - (CF)	-9M	9M	100M	-2M	15M
Depreciation & Amortization, Total	552M	551M	678M	603M	578M
(Gain) Loss From Sale Of Asset	366M	19M	-46M	-12M	3M
(Gain) Loss on Sale of Investments - (CF)	57M	-13M	39M	71M	21M
Asset Writedown & Restructuring Costs	2M	21M	342M	312M	15M
(Income) Loss On Equity Investments - (CF)	-11M	-9M	-9M	-2M	-14M
Stock-Based Compensation (CF)	17M	15M	13M	11M	12M
Provision and Write-off of Bad Debts	10M	-1M	3M	-2M	-1M
Other Operating Activities, Total	419M	74M	711M	-236M	352M
Change In Accounts Receivable	-201M	-128M	304M	81M	-332M
Change In Inventories	-199M	-482M	61M	250M	-567M
Change In Accounts Payable	150M	108M	219M	-35M	429M
Change in Unearned Revenues	-	63M	13M	-13M	-68M
Change In Income Taxes	91M	124M	-126M	54M	28M
Change in Other Net Operating Assets	5M	-115M	-98M	-2M	-66M
Cash from Operations	1.96B	2.63B	2.43B	1.93B	3.42B
Capital Expenditure	-595M	-521M	-762M	-647M	-963M
Sale of Property, Plant, and Equipment	15M	4M	16M	6M	6M
Cash Acquisitions	-5M	-	-3M	-	-
Divestitures	412M	52M	22M	11M	2M
Investment in Marketable and Equity Securities, Total	7M	103M	41M	4M	-6M
Net (Increase) Decrease in Loans Originated / Sold - Investing	2M	1M	-7M	0	-1M
Other Investing Activities, Total	-3M	-17M	28M	2M	57M
Cash from Investing	-167M	-378M	-665M	-624M	-905M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	2.44B	1.41B	2.83B	1.22B	2.32B
Total Debt Issued	2.44B	1.41B	2.83B	1.22B	2.32B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-3.48B	-2.46B	-3.07B	-1.36B	-3.43B
Total Debt Repaid	-3.48B	-2.46B	-3.07B	-1.36B	-3.43B
Repurchase of Common Stock	-	-	-	-	-
Common Dividends Paid	-430M	-1.56B	-1.09B	-872M	-1.53B
Common & Preferred Stock Dividends Paid	-430M	-1.56B	-1.09B	-872M	-1.53B
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-5M	-2M	-84M	-93M	-67M
Cash from Financing	-1.48B	-2.61B	-1.42B	-1.11B	-2.71B
Foreign Exchange Rate Adjustments	-2M	-48M	6M	7M	-12M
Miscellaneous Cash Flow Adjustments	-	-	-	-	-400M
Net Change in Cash	309M	-399M	356M	204M	-600M
Supplemental Items
Cash Interest Paid	405M	320M	283M	284M	243M
Cash Income Tax Paid (Refund)	427M	623M	581M	536M	999M
Levered Free Cash Flow	775M	1.61B	1.21B	1.27B	853M
Unlevered Free Cash Flow	1.03B	1.82B	1.4B	1.46B	975M
Change In Net Working Capital	203M	211M	-306M	-522M	1.51B
Net Debt Issued / Repaid	-1.04B	-1.05B	-245M	-142M	-1.11B

Fiscal Period: December	2017	2018	2019	2020	2021
Profitability
Return on Assets	12.82	20.08	12.16	10.46	30.79
Return on Total Capital	17.95	28.47	17.59	15.37	48.9
Return On Equity %	56.16	124.62	18.88	60.25	223.46
Return on Common Equity	61.45	138.87	19.42	68.75	242.6
Margin Analysis
Gross Profit Margin %	30.87	37.59	30.51	31.19	44.73
SG&A Margin	12.03	12.43	13.53	14.66	10.44