ArcelorMittal (ADR) 2016年年度报告「NYSE」.pdf

1、Management report 1Annual Report 20162 Management reportManagement report 3Table of contentsManagement ReportCompany overview _ 4Business overview _ 5Disclosures about market risks _ 28Group operational structure _ 30Key transactions and events in 2016 _ 32Recent developments _ 33Corporate governanc

2、e _ 33 Luxembourg takeover law disclosure_ 59Additional information _ 60Chief executive officer and chief financial officers responsibility statement _ 63Consolidated financial statements for the year ended December 31,2016 _ 64Consolidated statements of operations _ 65Consolidated statements of oth

3、er comprehensive income _ 66Consolidated statements of financial position _ 67Consolidated statements of changes in equity _ 68Consolidated statements of cash flows _ 69Notes to the consolidated financial statements _ 70Report of the rviseur dentreprises agr consolidated financial statements _155Fin

4、ancial statements of ArcelorMittal parent company for the year ended December 31,2016 _156 Management report _157Chief executive officer and chief financial officers responsibility statement _158Statements of financial position _159Statements of operations _160Statements of other comprehensive incom

5、e _160Statements of changes in equity _161Statements of cash flows _162Notes to the financial statements _163Report of the rviseur dentreprises agr financial statements _198Risks related to the global economy and the steel industry _200Mining _2134 Management reportCompany OverviewHistory and develo

6、pment of the CompanyArcelorMittal is the worlds leading integrated steel and mining company.Since the creation of ArcelorMittal in 2006(through the combination of Mittal Steel Company N.V.and Arcelor)and continuing through 2008,ArcelorMittal has pursued a disciplined growth strategy,with transaction