ArcelorMittal Annual Report 2008
ArcelorMittal Annual Report 2008
ArcelorMittal Annual Report 2008
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Contents<br />
Management <strong>Report</strong><br />
01 Our Philosophy<br />
02 Message from the Chairman and CEO<br />
06 Questions for the Group Management Board<br />
10<br />
Safe<br />
Monthly Highlights <strong>2008</strong><br />
14 Health and Safety: The Number 1 Priority<br />
20 Board of Directors<br />
24 Senior Management<br />
Sustainable<br />
28 Business Strategy<br />
30 Corporate Responsibility<br />
40 Global Presence<br />
46 Operational Review<br />
53 Customers and Innovation<br />
56<br />
Steel<br />
Market Information<br />
60 Corporate Governance<br />
67 Share Ownership<br />
68 Share Capital and Voting Rights<br />
69 Additional Information about <strong>ArcelorMittal</strong><br />
Legal and Financial Information<br />
73 Directors’ Responsibility Statement<br />
<strong>2008</strong> Consolidated Financial Statements<br />
74 Consolidated Balance Sheets<br />
75 Consolidated Statements of Income<br />
76 Consolidated Statements of Changes in Equity<br />
77 Consolidated Statements of Cash Flows<br />
78 Notes to the Consolidated Financial Statements<br />
146 Auditors’ <strong>Report</strong> on the Consolidated Financial Statements<br />
<strong>2008</strong> <strong>Annual</strong> Accounts<br />
147 Balance Sheet<br />
148 Profit and Loss Account<br />
149 Notes to the <strong>Annual</strong> Accounts<br />
158 Auditors’ <strong>Report</strong> on the <strong>Annual</strong> Accounts<br />
159 Proposed Allocation of Results for <strong>2008</strong><br />
Disclaimer<br />
<strong>ArcelorMittal</strong> has made, and will continue to make, forward-looking statements<br />
with respect to, among other things, its financial position, business strategy,<br />
projected costs, projected savings, and the plans and objectives of our<br />
management. Such statements are identified by the use of forward-looking<br />
words or phrases such as ‘anticipates’, ‘intends’, ‘expects’, ‘plans’, ‘believes’,<br />
or ‘estimates’, or words or phrases with similar meaning. Our actual results<br />
may differ materially from those implied by such forward-looking statements<br />
on account of known and unknown risks and uncertainties, including,<br />
without limitation, the risks described in this <strong>Annual</strong> <strong>Report</strong>.<br />
<strong>ArcelorMittal</strong> does not make any representation, warranty or prediction<br />
that the results anticipated by such forward-looking statements will be achieved.<br />
Such forward-looking statements represent, in each case, only one of many<br />
possible scenarios and should not be viewed as the most likely or standard<br />
scenario. <strong>ArcelorMittal</strong> undertakes no obligation to publicly update its<br />
forward-looking statements, whether as a result of new information,<br />
future events or otherwise.
Change language