Investor Presentaiton
(b) Approval of the financial statements
The Board of Directors approved the consolidated financial statements for
issue on March 29, 2022.
2.1.1. Restatement of comparative figures
In accordance with IFRS 5/ CPC 31 - Non-current assets held for sale and
discontinued operations, the Company reclassified the long steel operation.
in Colombia from the headings of Continuing operations to Discontinued
operations, consequently, the balances of income suffered changes in the
amounts previously presented in the financial statements as at December
31, 2020. The effects of these reclassifications are presented below:
Finance results, net
Finance income
Finance costs
Income from derivative financial
instruments
Foreign exchange, net
Loss before income tax and social
contribution
2020
=
Reclassification
As originally
stated
of Acerías Paz
Del Rio
Restated
680
(20)
(3,075)
96
660
(2,979)
(121)
(121)
(1,024)
(3,540)
(3)
(1,027)
73
(3,467)
(1,474)
(1,467)
Income tax and social contribution
Current
(901)
1
Deferred
(691)
2020
Loss for the continuing operations
(3,066)
13
(900)
(686)
(3,053)
As originally
Reclassification
of Acerías Paz
stated
Del Rio
Restated
Discontinued operations
Continuing operations
Profit (loss) for the discontinued
operations
(13)
(12)
Net revenue from products sold
and services rendered
36,667
(1,284)
35,383
Loss for the attributable to the
owners
(3,065)
(3,065)
Cost of products sold and
services rendered
(29,620)
1,196
(28,424)
Gross profit
Loss attributable to the owners
of the Company
(1,636)
(1,636)
7,047
(88)
6,959
Loss attributable to non-
controlling interests
(1,429)
(1,429)
Operating expenses (income)
Loss for the year
(3,065)
(3,065)
Selling
(900)
11
(889)
General and administrative
(2,626)
123
(2,503).
Weighted average number of
Other operating expenses, net
(2,182)
(112)
(2,294)
shares thousands (to the owners
of the Company)
18,278,789
(5,708)
22
(5,686)
Basic and diluted loss per
thousand shares, in reais
(89.50)
18,278,789
(89.50)
Operating before equity results
and finance results
1,339
(66)
1,273
From continuing operations
Basic and diluted losss per
thousand shares, in reais
(89.55)
0.70
(88.84)
Results from equity investments
Equity in the results of investees
727
727
727
727
From discontinued operations
Basic and diluted earning (loss)
per thousand shares, in reais
0.05
(0.70)
(0.66)
127View entire presentation