Mechel PAO (MTL) [Rocket]

In millions, except per share items	Dec-31-20	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12	Dec-31-11	Dec-31-10	Dec-31-09
	20-F	20-F	20-F	20-F	20-F	20-F	20-F	S-1/A
Revenues:
Export				2,836.4	3,930.9	5,037.7	4,193.1	2,561.3
CIS				647.8	996.8	1,047.5	646.4	277.8
Middle East				265.7	667.1	912.7	908.7	585.4
Other regions				97.7	201.3	375.8	179.7	94.7
Other				4,658.3	4,957.5	4,913.7	3,818.8	2,234.9
Total revenues	0.0	100.0	100.0	8,505.9	10,753.5	12,287.3	9,746.6	5,754.1
Revenue growth [+]		0.0%	-98.8%	-20.9%	-12.5%	26.1%	69.4%	-42.2%
Export				-27.8%	-22.0%	20.1%	63.7%
CIS				-35.0%	-4.8%	62.1%	132.7%
Middle East				-60.2%	-26.9%	0.4%	55.2%
Other regions				-51.5%	-46.4%	109.1%	89.8%
Russia entities				-13.9%	-4.1%	20.9%
Cost of goods sold	0.0	59.8	62.7	5,698.9	7,262.8	7,791.7	6,015.9	3,942.5
Gross profit	0.0	40.2	37.3	2,807.0	3,490.7	4,495.6	3,730.8	1,811.7
Gross margin		40.2%	37.3%	33.0%	32.5%	36.6%	38.3%	31.5%
Selling, general and administrative [+]		30.7	36.9	2,230.5	2,217.4	2,288.9	1,918.2	1,452.3
Sales and marketing				1,720.4	1,710.6	1,705.7	1,435.2	1,062.8
General and administrative	0.0			510.1	506.8	583.2	483.0	389.5
Equity in earnings				3.6	0.5	0.3	1.2	1.2
Other operating expenses				1,019.6	1,264.9	319.5	271.2	92.8
EBITDA [+]		12,406.5	12,639.4	-76.2	372.3	2,229.3	1,870.8	588.9
EBITDA growth		-1.8%	-16680.0%	-120.5%	-83.3%	19.2%	217.7%	-79.8%
EBITDA margin		12406.5%	12639.4%	-0.9%	3.5%	18.1%	19.2%	10.2%
Depreciation and amortization		12,397.0	12,639.0	366.9	363.9	341.9	329.4	321.1
EBIT [+]	0.0	9.5	0.4	-443.1	8.4	1,887.4	1,541.4	267.8
EBIT growth		2275.0%	-100.1%	-5390.5%	-99.6%	22.5%	475.6%	-89.5%
EBIT margin		9.5%	0.4%	-5.2%	0.1%	15.4%	15.8%	4.7%
Non-recurring items [+]				213.7	606.0	8.9	9.1	20.9
Asset impairment				215.7	607.9	10.6	10.8	20.9
Interest expense, net [+]				796.0	579.6	534.5	541.1	477.5
Interest expense				803.3	649.8	551.3	558.3	499.0
Interest income				7.3	70.2	16.8	17.2	21.4
Other income (expense), net [+]		-9.5	-0.4	-173.0	141.1	-146.3	-21.9	325.9
Gain (loss) on foreign currency transactions				-164.8	107.5	-142.0	-14.5	-174.3
Other		-51.8	-54.1	-74.6	33.1	-4.4	-8.5	500.3
Pre-tax income	0.0	0.0	0.0	-1,625.8	-1,036.1	1,197.7	969.2	95.2
Income taxes	0.0	3.3	-3.6	79.1	242.6	366.2	276.6	18.9
Tax rate						30.6%	28.5%	19.8%
Minority interest				-5.0	0.3	75.6	-34.8	2.6
Earnings from continuing ops				-1,710.0	-1,357.4	677.6	649.0	-60.8
Earnings from discontinued ops				-1,218.1	-386.2	-28.0	-0.6
Net income	0.0	0.0	0.0	-2,928.1	-1,743.6	649.6	648.4	-60.8
Net margin		0.0%	0.0%	-34.4%	-16.2%	5.3%	6.7%	-1.1%

Basic EPS [+]				($4.11)	($3.26)	$1.63	$1.56	($0.15)
Growth				26.0%	-300.3%	4.4%	-1168.2%	-105.3%
Diluted EPS [+]				($4.11)	($3.26)	$1.63	$1.56	($0.15)
Growth				26.0%	-300.3%	4.4%	-1168.2%	-105.3%

Dividends per share [+]				$0.00	$0.45	$0.51	$0.06	$0.50
Growth				-99.9%	-11.3%	801.3%	-88.8%	-55.5%

Shares outstanding (basic)				416.3	416.3	416.3	416.3	416.3
Growth				0.0%	0.0%	0.0%	0.0%	0.0%
Shares outstanding (diluted)				416.3	416.3	416.3	416.3	416.3
Growth				0.0%	0.0%	0.0%	0.0%	0.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.