bold spirit - ArcelorMittal South Africa

104
ArcelorMittal South Africa
Annual Report 2010
Supplementary information continued
Selected group financial data translated into US Dollars and Euros continued
for the year ended 31 December 2010
2010
USD
million
2009
USD
million
2010
Euro
million
2009
Euro
million
Condensed group statement of cash flows
Cash inflows from operating activities 182 201 145 145
Cash outflows from investing activities (232) (160) (185) (115)
Net cash flow (50) 41 (40) 30
Cash outflows from financing activities (68) (483) (41) (349)
Decrease in cash and cash equivalents (101) (442) (81) (319)
Effect of foreign exchange rate changes 43 132 71 81
Cash and cash equivalents at beginning of year 588 898 407 645
Cash and cash equivalents at end of year 530 588 397 407
The group statements on these pages have been expressed in
USD and Euro for information purposes. The average R/USD
and R/Euro rate for the year has been used to translate the
income and cash flow statements, while the balance sheet
has been translated at the closing rate at the last day of the
reporting period.
R = USD at year-end 6.62 7.40
R = USD average for the year 7.34 8.44
R = Euro at year-end 8.84 10.67
R = Euro average for the year 9.22 11.67