Vale S.A. (VALE) annual results, year to 31 December 2016: revenue USD 27,488 million, from the 20-F
Vale S.A. files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2016 it reported revenue of USD 27,488 million, up 17.6% on the year before. Its profit attributable to shareholders was USD 3,982 million.
The year to 31 December 2016, against the year before
| Year to | Dec 2015 | Dec 2016 † |
|---|---|---|
| Revenue | 23,384 | 27,488 |
| Cost of sales | 18,751 | 17,650 |
| Gross profit | 4,633 | 9,838 |
| Research and development | 395 | 319 |
| Selling, general and administrative | 612 | 507 |
| Operating profit | -6,231 | 7,052 |
| Finance costs | 18,446 | 2,677 |
| Profit before tax | -17,679 | 7,984 |
| Income tax | -5,249 | 2,781 |
| Profit for the year | -12,620 | 3,976 |
| Profit attributable to shareholders | -12,129 | 3,982 |
| Filing | 20-F | 20-F |
USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.
Cash flow
| Year to | Dec 2015 | Dec 2016 † |
|---|---|---|
| Cash from operations | n/a | 6,401 |
| Purchase of property, plant and equipment | 8,114 | 4,951 |
| Free cash flow | n/a | 1,450 |
| Dividends paid | 1,500 | 250 |
| Filing | 20-F | 20-F |
USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.
Balance sheet at year end
| Year to | Dec 2015 | Dec 2016 † |
|---|---|---|
| Total assets | n/a | 99,014 |
| Equity attributable to shareholders | 35,704 | 39,042 |
| Cash and cash equivalents | 3,591 | 4,328 |
| Borrowings, as filed | n/a | 29,322 |
| Inventories | n/a | 3,349 |
| Filing | 20-F | 20-F |
USD million, at each fiscal year end.
Ratios on the filed lines
| Year to | Dec 2015 | Dec 2016 † |
|---|---|---|
| Gross margin | 19.8% | 35.8% |
| Operating margin | -26.6% | 25.7% |
| Net margin | -51.9% | 14.5% |
| Free cash flow margin | n/a | 5.3% |
| Return on year-end equity | -34.0% | 10.2% |
| Effective tax rate | n/a | 34.8% |
| Filing | 20-F | 20-F |
Arithmetic on the filed lines of the same year.
Every annual report here
- Year to 31 December 2025
- Year to 31 December 2024
- Year to 31 December 2023
- Year to 31 December 2022
- Year to 31 December 2021
- Year to 31 December 2020
- Year to 31 December 2019
- Year to 31 December 2018
- Year to 31 December 2017
- Year to 31 December 2016, this page
- Year to 31 December 2015
Source
20-F for the year to 31 December 2016, filed 18 April 2019, accession 0001047469-19-002391: the filing on EDGAR. All of Vale S.A.'s filings: EDGAR company page. The figures are in US dollars as filed.
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