Below are the financial statements of Erdemir, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Revenue | 6,225.1b | 6,238.26b |
| Cost of sales | -5,614.83b | -5,577.87b |
| Gross profit | 610.26b | 660.39b |
| Marketing expenses | -62.76b | -49.69b |
| General administrative expenses | -163.41b | -112.74b |
| Research and development expenses | -10.24b | -8.02b |
| Other operating income | 298.5b | 193.67b |
| Other operating expenses | -30.02b | -61.49b |
| Operating profit | 642.34b | 622.12b |
| Income from investing activities | 15.92b | 15.15b |
| Expenses from investing activities | -8.44b | -22.98b |
| Share of investments' profit (loss) accounted by using the equity method | 6.24b | 3.31b |
| Operating profit before finance income (expenses) | 656.08b | 617.61b |
| Finance income | 153.11b | 139.05b |
| Finance expense | -380.5b | -353.42b |
| Monetary gain/(loss) | -16.17b | -30.49b |
| Profit before tax | 412.52b | 372.74b |
| Tax (expense) income | -20.46b | -190.15b |
| Current corporate tax (expense) income | -16.91b | -200.83b |
| Deferred tax (expense) income | -37.37b | -10.68b |
| Net profit (loss) for the period | 432.98b | 182.6b |
| Equity holders of the parent | 411.27b | 170.11b |
| Non-controlling interests | 21.71b | 12.48b |
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