Sidenor 2020 Corporate Report

18 Corporate Report 2020 | About us TAX INFORMATION 2020 2019 Benefits (mEUR)* (39) (17) Profit taxes paid** 0 0 Public subsidies received (mEUR) 5. 3 8.7 Main figures from 2020 and 2019 Economic results 2020 2019 20vs19 Turnover (mEUR) 493 697 -29.3% Sales volume (kTN) 544 666 -18.3% EBITDA (mEUR) (11) 44 - Main investments (mEUR) 47 51 -7.8% * The negative result for 2019 includes 36 million euros for the accounting effect resulting from the sale of Sidenor Forgings & Castings ** Due to the application of tax credits arising from losses from previous financial years, the year’s actual payment amounts to 0. 2020 2019 Employees (year end) 1,633 1,695 Turnover (million euros) 493 697 Sales (kilotonnes of steel) 544 666 Training (hours provided) 51,037 68,941 Investments implemented (million euros) 47 51 In 2019, the sale of 75.1% of the Company Sidenor Forgings & Castings to the German-American consortium NFL was carried out, while the sale of the remaining part (24.9%) was completed in 2020. This fact should be taken into account when comparing 2020 and 2019 figures:   the 2019 and 2020 balance figures and income statement refer to Sidenor, excluding Sidenor Forgings & Castings for both years.   the remaining 2020 ratios refer to Sidenor without Sidenor Forgings & Castings, but the 2019 ratios (environment, people, society…) were calculated with the consolidated turnover from January to October, when Sidenor Forgings & Castings was sold, and without Sidenor Forgings & Castings in November in December. Reduction of CO 2 emissions by 15 % since 2012 Recovery of 87 % of the waste generated Recycling of 950,000 tonnes of scrap per year Improved energy efficiency: 5 % improvement in electricity and 8 % in natural gas compared with 2012 Environment