Arcelormittal (MT)
Income statement / Yearly
Dec'17Dec'16Dec'15
Sales

68,679

56,791

63,578

Cost of sales (including depreciation and impairment of 1,509 and 1,377 and purchases from related parties of 518 and 491 for the six months ended June 30, 2018 and June 30, 2017, respectively)

60,876

50,428

65,196

Gross margin

7,803

6,363

-1,618

Selling, general and administrative expenses

2,369

2,202

2,543

Operating income

5,434

4,161

-4,161

Income from investments in associates, joint ventures and other investments (note 2 and 5)

448

615

-502

Financing costs - net (note 8 and note 9)

-875

-2,056

-2,858

Income before taxes

5,007

2,720

-7,521

Income tax expense (note 7)

432

986

902

Net income (including non-controlling interests)

4,575

1,734

-8,423

Net income attributable to:
Equity holders of the parent

4,568

1,779

-7,946

Non-controlling interests

7

-45

-477

Earnings per common share
Basic (in USD per share)

4.48

1.87

-10.29

Diluted (in USD per share)

4.46

1.86

-10.29

Weighted average common shares outstanding
Basic (in shares)

1,020

953

772

Diluted (in shares)

1,024

955

772