“Mechel” announces consolidated annual financial statements
Edited by Rhod Mackenzie / 2016-05-16 06:51:35
In accordance with the consolidated annual report “Mechel” earned 253.1 billion roubles of revenue.
In late April “Mechel” stated it switches from the reports under US GAAP in American dollars to consolidated IFRS statements in roubles. So, comparison with the previously-published financial performance (at rouble volatility) is not always correct.