Management Report - Beursgorilla

ArcelorMittal Annual Report 2009Annual Accounts 89Profit and Loss AccountArcelorMittal, Société Anonyme(expressed in millions of U.S. dollars)Year ended Year endedDecember 31, December 31,2009 2008A. Expenses3. Staff costs 110 137a) Wages and salaries 85 86b) Social security costs attributable to wages and salaries 8 8c) Supplementary pensions 11 14d) Other social security costs 6 294. a) Value adjustments in respect of formation expenses and tangible and intangible fixed assets Note 4 7 45. Other operating expenses Note 15 227 2846. Value adjustments in respect of financial assets and of transferablesecurities held as current assets Note 5, 7 80 2,6557. Interest payable and similar expenses Note 16 3,799 1,078a) In respect of affiliated undertakings 128 653b) Other interest payable and expenses 3,671 42513. Profit/(Loss) for the financial year (507) 19,094Total expenses 3,716 23,252Year ended Year endedDecember 31, December 31,2009 2008B. Income4. Other operating income 30 4375. Income from participating interests Note 17 54 18,701a) Derived from affiliated undertakings 54 18,7016. Income from other transferable securities and from loans forming part of the fixed assets 2,652 662a) Derived from affiliated undertakings 191 662b) Other income Note 7 2,461 —7. Other interest receivable and similar income Note 16 980 3,452a) Derived from affiliated undertakings 382 76b) Other interest receivable and similar income 598 3,376Total income 3,716 23,252The accompanying notes are an integral part of these annual accounts.