7Baggers
Quarterly
Annual
    Unit: USD2015-12-31 
      
    		 
      net income for the year
    		 
      adjustments to reconcile net income to net cash from operations:
    		 
      accrued charges on borrowings and financing
    		 
      charges on loans and financing granted
    		 
      depreciation/ depletion / amortization
    		 
      equity earnings of affiliated companies
    		 
      charges on lease liabilities
    		 
      deferred income tax and social contribution
    		 
      benefit from tax, social security, labor and civil risks
    		 
      monetary variations and exchange differences
    		 
      additions(reversals) of pp&e provisions for losses, net of write-offs
    		 
      provision (reversal) for consumption and services
    		 
      investment impairment reversal
    		 
      benefit from environmental liabilities and decommissioning of assets
    		 
      financial investments - shares – fair value through profit or loss
    		 
      receivables by indemnity
    		 
      net gains on the sale of the shares of usiminas
    		 
      net gains on the sale of the shares of csn mineração
    		 
      dividends of usiminas
    		 
      other provisions
    		 
      total adjustments to reconcile net income to net cash from operations
    		 
      changes in assets and liabilities
    		 
      trade receivables - third parties
    		 
      trade receivables - related parties
    		 
      inventories
    		 
      receivables from related parties/dividends
    		 
      recoverable taxes
    		 
      judicial deposits
    		 
      compulsory loan received
    		 
      trade payables
    		 
      trade payables – forfaiting and drawee risk
    		 
      payroll and related taxes
    		 
      taxes in installments
    		 
      payables to related parties
    		 
      advance from customer
    		 
      advance from electric energy contracts
    		 
      interest paid
    		 
      cash flow hedge accounting paid
    		 
      fs-5
    		 
      equity in results of affiliated companies
    		 
      contractual agreement
    		 
      proceeds from disposal of fixed and intangible assets
    		 
      pis and cofins credits
    		 
      updated shares – fair value through profit or loss
    		 
      dividends usiminas
    		 
      other
    		 
      increase in assets and liabilities
    		 
      net cash generated by operating activities
    		 
      investments / acquisition of shares
    		 
      charges on lease liabilities.
    		 
      benefit from actuarial liabilities
    		 
      net gain on sale of a foreign subsidiary
    		 
      unrealized loss (gains) on shares – fair value through profit or loss
    		 
      profit for the year
    		 
      gain/(loss) of derivative financial instruments
    		 
      contractual agremeent
    		 
      eletrobrás's compulsory loan
    		 
      trade payables – drawee risk
    		 
      taxes in installments - refis
    		 
      note
    		 
      gain on repurchase of debt securities
    		 
      gain on business combination
    		 
      gain on disposal of available for sale
    		 
      impairment of transnordestina
    		 
      interest received
    		 
      monetary adjustment related to the eletrobrás's compulsory loan
    		 
      impairment of available-for-sale assets
    		 
      proceeds from disposal of assets
    		 
      gain on disposal of available for sale assets
    		 
      receivables from related parties
    		 
      interest on swaps paid
    		 
      purchase of property, plant and equipment
    		 
      capital reduction on joint venture
    		 
      payment in derivative transactions
    		 
      purchase of intangible assets
    		 
      cash and cash equivalents in namisa consolidation
    		 
      loans granted to related parties
    		 
      financial investment, net of redeemed amount
    		 
      receipt loans – related party
    		 
      cash and cash equivalents from discontinued operations
    		 
      cash and cash equivalents on acquisition of control
    		 
      net cash from investing activities
    		 
      borrowings and financing raised
    		 
      cost of borrowing
    		 
      payment of borrowings
    		 
      payment of borrowings - related parties
    		 
      payment of dividends and interests on shareholder’s equity
    		 
      treasury shares
    		 
      forfaiting funding / drawee risk
    		 
      forfaiting amortization / drawee risk
    		 
      buyback of debt securities
    		 
      net cash from financing activities
    		 
      exchange rate changes on cash and cash equivalents of foreign subsidiaries
    		 
      increase in cash and cash equivalents
    		 
      cash and cash equivalents at the beginning of the year
    		 
      cash and cash equivalents at the end of the year
    		 
      the accompanying notes are an integral part of these consolidated financial statements.
    		 
      provision of swaps/forwards transactions
    		 
      impairment loss adjustment
    		 
      gain on loss of control over transnordestina
    		 
      impairment of the transnordestina old railway network
    		 
      cash generated from operations
    		 
      dividends received from related parties
    		 
      investments
    		 
      receipt in derivative transactions
    		 
      cash and cash equivalents on the loss of control over transnordestina
    		 
      receipt loans from related-party
    		 
      short-term investment, net of redeemed amount
    		 
      dividends paid
    		 
      exchange rate changes on cash and cash equivalents
    		 
      decrease in cash and cash equivalents
    		 
      6.01
    		 
      6.01.01
    		 
      6.01.01.01
    		 
      6.01.01.02
    		 
      6.01.01.03
    		 
      6.01.01.04
    		 
      6.01.01.05
    		 
      6.01.01.06
    		 
      6.01.01.07
    		 
      6.01.01.08
    		 
      6.01.01.09
    		 
      6.01.01.10
    		 
      6.01.01.11
    		 
      6.01.01.12
    		 
      6.01.02
    		 
      6.01.02.01
    		 
      6.01.02.02
    		 
      6.01.02.03
    		 
      6.01.02.04
    		 
      6.01.02.05
    		 
      6.01.02.06
    		 
      6.01.02.09
    		 
      6.01.02.10
    		 
      6.01.02.11
    		 
      6.01.02.13
    		 
      6.01.02.15
    		 
      6.01.02.16
    		 
      6.01.02.17
    		 
      6.01.02.18
    		 
      6.02
    		 
      6.02.01
    		 
      6.02.02
    		 
      6.02.03
    		 
      6.02.04
    		 
      6.02.07
    		 
      6.02.09
    		 
      6.02.10
    		 
      6.02.11
    		 
      6.03
    		 
      6.03.01
    		 
      6.03.02
    		 
      6.03.03
    		 
      6.03.04
    		 
      6.03.05
    		 
      6.03.06
    		 
      6.05
    		 
      6.05.01
    		 
      6.05.02
    		 
      decrease in assets and liabilities
    		 
      cash from merger of subsidiaries
    		 
      acquisition of subsidiaries
    		 
      payment of loans (principal) - acquisition of subsidiaries
    		 
      dividends and interest on capital paid
    		 
      capital contribution by non-controlling shareholders
    		 
      share of profits of investees
    		 
      monetary variation and exchange differences
    		 
      gain from write off and disposal of assets
    		 
      realization of available-for-sale investments
    		 
      receipt/payment in derivative transactions
    		 
      repayments to financial institutions - principal
    		 
      repayments of principal - acquisition of subsidiaries
    		 
      dividends and interest on capital
    		 
      net cash (used in) generated by financing activities
    		 
      net cash from operating activities
    		 
      net cash from investment activities
    		 
      foreign exchange variation on cash and cash equivalents
    		 
      proceeds from write-off and disposal of assets
    		 
      inflation adjustment and exchange differences
    		 
      allowance for doubtful debts
    		 
      trade receivables
    		 
      taxes payable
    		 
      contingent liabilities
    		 
      interest paid on swap transactions
    		 
      net cash generated by (used in) operating activities
    		 
      disposal of investments
    		 
      cash from acquisition of subsidiaries
    		 
      property, plant and equipment
    		 
      intangible assets
    		 
      companhia siderúrgica nacional and subsidiaries
    		 
      consolidated statement of cash flow
    		 
      thousands of brazilian reais
    		 
      acquisition of subsidiary
    		 
      borrowings and financing
    		 
      net cash generated by (used in) financing activities
    		 
      exchange variation without cash and cash equivalents
    		 
      increase in cash and cash eqivalents
    		 
      gain/(loss) on change in percentage equity interest
    		 
      net effects of equity swap
    		 
      net cash generated by financing activities
    		 
      - net income for the year
    		 
      - benefit from charges on loans and financing
    		 
      - depreciation and amortization
    		 
      - gain on disposal of assets
    		 
      - deferred income tax expense
    		 
      - benefit from swap/forward transactions
    		 
      - gain/loss on change in percentage equity interest
    		 
      - allowance for doubtful accounts
    		 
      - benefit from actuarial liabilities
    		 
      - accrual for contingencies
    		 
      - inflation adjustment and foreign exchange gains
    		 
      - other
    		 
      cash flows from operating activities
    		 
      - trade accounts receivables
    		 
      - inventories
    		 
      - taxes for offset
    		 
      - trade accounts payables
    		 
      - payroll and related charges
    		 
      - taxes payable
    		 
      - taxes payable in installments - refis
    		 
      - judicial deposits
    		 
      - contingent liabilities
    		 
      - interest paid
    		 
      - interest paid on swap transactions
    		 
      - receipts/payments on derivative transactions
    		 
      - net effects of equity swap
    		 
      - investments
    		 
      - property, plant and equipment
    		 
      - intangible assets
    		 
      - loans and financing
    		 
      - financial institutions - principal
    		 
      - dividends and interest on shareholders' equity
    		 
      - capital contribution in subsidiaries by non-controlling shareholders
    		 
      - treasury shares
    		 
      effects of changes in exchange rates on cash and cash equivalents
    		 
      cash and cash equivalents, beginning of year
    		 
      cash and cash equivalents, end of year
    		 
      adjustments to reconcile net income for the year to net cash
    		 
      provided by operating activities
    		 
      depreciation and amortization
    		 
      foreign exchange and monetary gain
    		 
      federal tax repayment program (“refis”) gain
    		 
      interest accrued
    		 
      accrual for contingencies and disputed taxes payable
    		 
      accrual for derivatives
    		 
      gain on sale of short-term investments
    		 
      gain on dilution of interest in namisa
    		 
      deferred income tax expense
    		 
      allowance for doubtful accounts
    		 
      decrease (increase) in operating assets
    		 
      trade accounts receivable
    		 
      increase in operating liabilities
    		 
      trade accounts payable
    		 
      payroll and related charges
    		 
      consolidated statements of cash flows
    		 
      expressed in millions of united states dollars
    		 
      adjustments to reconcile net income for the year to net cash from operating activities
    		 
      insurance claim
    		 
      prepaid pension cost
    		 
      accrued pension cost
    		 
      adjustments to reconcile net income for the year
    		 
      to net cash from operating activities
    		 
      accrual for contingencies and disputed taxes
    		 
      payable
    		 
      deferred income taxes
    		 
      short-term investments
    		 
      net income
    		 
      adjustments to reconcile net income to net cash
    		 
      provided by operating activities:
    		 
      foreign exchange and monetary (gain)
    		 
      companhia siderúrgica nacional
    		 
      others
    		 
      adjustments to reconcile net income
    		 
      to net cash from operating activities:
    		 
      accrual for contingencies
    		 
      residual value of equipment retired
    		 
      trade accounts receivable and other
    		 
      restricted deposits for legal proceedings
    		 
      cash flows from investing activities
    		 
      additions to property, plant and equipment
    		 
      acquisition of investments
    		 
      business acquisition of galvasud, net of cash acquired
    		 
      loans to related parties
    		 
      cash flows from financing activities
    		 
      short-term debt, net borrowings and repayments
    		 
      long-term debt
    		 
      proceeds
    		 
      repayments
    		 
      treasury stock
    		 
      dividends and interest on stockholders’ equity paid
    		 
      effects of changes in exchange rates on cash and cash
    		 
      equivalents
    		 
      supplemental disclosure of cash flow
    		 
      information
    		 
      cash paid during the year for:
    		 
      interest, net of interest capitalized
    		 
      income tax and social contribution, including
    		 
      withholding income tax
    		 
      acquisition of business:
    		 
      fair value of assets acquired, including goodwill
    		 
      fair value of liabilities assumed
    		 
      purchase price
    		 
      cash acquired
    		 
      purchased price, net of cash acquired
    		 
      cash flow from operating activities
    		 
      adjustments to reconcile the net income for the year
    		 
      with the resources from operating activities:
    		 
      - amortization of deferred exchange variation
    		 
      - net monetary and exchange variation
    		 
      - benefit from loan and financing charges
    		 
      - depreciation/ depletion/ amortization
    		 
      - write off of permanent assets
    		 
      - equity pick up and amortization of good will
    		 
      - deferred income tax and social controbution
    		 
      - provision swap / forward
    		 
      - provision marked to market
    		 
      - employee’s pension fund provision
    		 
      - other provisions
    		 
      increase in assets:
    		 
      - accounts receivable - trade
    		 
      - credits with subsidiary and associated companies
    		 
      - carryforward taxes
    		 
      - others
    		 
      increase in liabilities
    		 
      - suppliers
    		 
      - salaries and payroll charges
    		 
      - taxes
    		 
      - accounts payable - subsidiary companies
    		 
      - option hedge premium
    		 
      net resources from operating activities
    		 
      cash flow from financing activities
    		 
      - deferred assets
    		 
      net resources used on investing activities
    		 
      cash flow from investing activities
    		 
      financial funding
    		 
      payments
    		 
      - financial institution
    		 
      - principal
    		 
      - charges
    		 
      - interest on stockholder’s equity/dividends
    		 
      - treasury stocks
    		 
      net resources from (to) financing activities
    		 
      cash and cash equivalents, beginning of period
    		 
      cash and cash equivalents, end of period
    		 
      additional cash flow information
    		 
      monetary variation and interest capitalized
    		 
      - employee´s pension fund provision
    		 
      deferred assets
    		 
      - interest on stockholder´s equity/dividends
    		 
      adjustments to reconcile net income to net cash from operating activities:
    		 
      gain on sales of long-term investments
    		 
      gain on debt extinguishment, net of income taxes
    		 
      taxes recoverable
    		 
      prepaid expenses
    		 
      derivative liabilities
    		 
      suppliers
    		 
      accounts payable in installments
    		 
      disposition of investments
    		 
      income tax and social contribution, including withholding income tax
    		 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.