Last year, Il’ich Mariupol metallurgic plant’s loss made up 2.8 billion hryvnias

In 2012, the Il’ich Mariupol metallurgic plant (the Donetsk region), a part of the Group Metinvest, decreased its net loss by 38.3% as compared to 2011 to 2 782.306 million hryvnias (in 2011 – 4 510.145 million hryvnias).

According to the report about the annual shareholders meeting on April 12, the plant’s uncovered loss made up 4 725.078 million hryvnias by the end of the last year.

In 2012, the Il’ich Mariupol metallurgic plant’s current liabilities grew by 31.2% to 7 240.819 million hryvnias, and long-term liabilities made up 80 thousand hryvnias (in 2011 – 276.909 million hryvnias).

Last year, the total accounts receivable decreased by 16.2% to 4 756.378 million hryvnias.

In 2012, the plant’s assets decreased by 6.5% to 17 795.44 million hryvnias, and the capital asset – by 4.7% to 8 263.938 million hryvnias.

http://www.companion.ua/articles/content?id=229839

Translated by Svetlana Kyrzhaly