Mechel PAO | CIK:0001302362 | 3

  • Filed: 4/5/2018
  • Entity registrant name: Mechel PAO (CIK: 0001302362)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1302362/000119312518108703/0001193125-18-108703-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1302362/000119312518108703/mtl-20171231.xml
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  • ifrs-full:DisclosureOfOperatingSegmentsExplanatory

    As of December 31, 2017 and for the year then ended

       Mining     Steel     Power     Adjustments
    and
    eliminations
        Consolidated  

    Revenues from external customers

         100,129       172,760       26,224       0       299,113  

    Inter-segment revenues

         42,286       7,622       16,338       (66,246     0  

    Gross profit

         93,464       34,013       12,724       (1,444     138,757  

    Gross margin, %

         65.6       18.9       29.9       0       46.4  

    Depreciation and depletion

         (7,979     (5,800     (448     0       (14,227

    Loss on write-off of non-current assets

         (135     (145     (41     0       (321

    Impairment of goodwill and non-current assets

         (3,800     (2,281     0       0       (6,081

    Operating profit

         48,190       9,154       1,267       (1,444     57,167  

    Share of profit (loss) of associates, net

         18       0       0       0       18  

    Finance income

         475       150       8       0       633  

    Intersegment finance income

         1,335       567       49       (1,951     0  

    Finance cost

         (34,324     (12,793     (493     0       (47,610

    Intersegment finance cost

         (222     (1,342     (387     1,951       0  

    Income tax expense

         (2,023     (800     (327     0       (3,150

    Profit (loss) for the year

         18,596       (4,712     130       (1,444     12,570  

    Segment assets

         208,585       100,128       10,414       0       319,127  

    Segment liabilities

         368,283       185,074       9,903       0       563,260  

    Investments in associates

         283       0       0       0       283  

    Goodwill

         14,367       556       3,408       0       18,331  

    Capital expenditures

         (5,852     (1,329     (321     0       (7,502

    As of December 31, 2016 and for the year then ended

       Mining     Steel     Power     Adjustments
    and
    eliminations
        Consolidated  

    Revenues from external customers

         89,647       161,639       24,723       —         276,009  

    Inter-segment revenues

         31,907       7,254       15,903       (55,064     —    

    Gross profit

         76,515       42,148       11,578       (554     129,687  

    Gross margin, %

         62.9       25.0       28.5       —         47.0  

    Depreciation and depletion

         (7,912     (5,435     (367     —         (13,714

    Loss on write-off of non-current assets

         (863     (1,089     (1     —         (1,953

    Impairment of goodwill and non-current assets

         (1,336     (3,866     —         —         (5,202

    Operating profit

         31,012       11,531       701       (554     42,690  

    Share of profit (loss) of associates, net

         (17     —         —         —         (17

    Finance income

         1,082       93       1       —         1,176  

    Intersegment finance income

         1,401       2,141       53       (3,595     —    

    Finance cost

         (37,615     (16,015     (610     —         (54,240

    Intersegment finance cost

         (1,731     (1,396     (468     3,595       —    

    Loss after tax for the year from discontinued operations, net

         —         (406     (20     —         (426

    Income tax (expense) benefit

         (5,019     265       (139     —         (4,893

    Profit (loss) for the year

         2,309       7,455       (378     (554     8,832  

    Segment assets

         210,028       104,550       10,887       —         325,465  

    Segment liabilities

         375,938       191,058       11,057       —         578,053  

    Investments in associates

         265       —         —         —         265  

    Goodwill

         14,367       580       3,408       —         18,355  

    Capital expenditures

         (3,958     (1,206     (360     —         (5,524

    As of December 31, 2015 and for the year then ended

       Mining     Steel     Power     Adjustments
    and
    eliminations
        Consolidated  

    Revenues from external customers

         80,632       146,032       26,477       —         253,141  

    Inter-segment revenues

         28,091       6,972       14,990       (50,053     —    

    Gross profit

         57,442       33,395       11,288       (318     101,807  

    Gross margin, %

         52.8       21.8       27.2       —         40.2  

    Depreciation and depletion

         (9,106     (4,651     (328     —         (14,085

    Loss on write-off of non-current assets

         (199     (492     —         —         (691

    Impairment of goodwill and non-current assets

         —         (16     (1,444     —         (1,460

    Operating profit

         16,004       8,527       39       (318     24,252  

    Finance income

         142       38       3       —         183  

    Intersegment finance income

         887       307       53       (1,247     —    

    Finance cost

         (33,656     (24,767     (2,029     —         (60,452

    Intersegment finance cost

         (225     (878     (144     1,247       —    

    Profit (loss) after tax for the year from discontinued operations, net

         764       87       (29     —         822  

    Income tax (expense) benefit

         (5,630     (2,795     103       —         (8,322

    Loss for the year

         (71,563     (40,626     (2,121     (318     (114,628

    Segment assets

         217,393       113,985       10,694       —         342,072  

    Segment liabilities

         375,153       216,771       12,002       —         603,926  

    Investments in associates

         284       —         —         —         284  

    Goodwill

         14,367       3,603       3,408       —         21,378  

    Capital expenditures

         (4,971     (520     (486     —         (5,977