AM3S

AcronymDefinition
AM3SArcelor Mittal Steel Solutions and Services
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Inter segment sales have not been eliminated - Some intercompany shipments are not eliminated Appendix 1 B - Quarter 2 2006 Pro forma key financial and operational information Flat Flat Long AACIS Stainless AM3S Carbon Carbon Carbon Steel Americas Europe Americas and Amounts in Europe millions of US dollars unless otherwise stated Financial Information Sales $5,617 $6,892 $4,410 $3,555 $1,740 $3,008 Depreciation 259 246 148 98 47 26 Operating income 526 659 695 582 112 113 Operating margin (as percentage of sales) 9.
Inter segment sales have not been eliminated - Some intercompany shipments are not eliminated Appendix1 C - Quarter 3 2006 Pro forma key financial and operational information Amounts in Flat Flat Long AACIS Stainless AM3S millions of Carbon Carbon Carbon Steel US dollars Americas Europe Americas unless and otherwise Europe stated Financial Information Sales $5,416 $6,496 $4,244 $3,804 $1,655 $2,921 Depreciation 263 275 137 99 63 25 Operating 774 672 776 845 183 151 income Operating 14.
Inter segment sales have not been eliminated - Some intercompany shipments are not eliminated Appendix 1 D - 9M06 Pro forma key financial and operational information Amounts in Flat Flat Long AACIS Stainless AM3S millions of Carbon Carbon Carbon Steel US dollars Americas Europe Americas unless and otherwise Europe stated Financial Information Sales $16,507 $19,972 $12,742 $10,193 $5,085 $8,604 Depreciation 745 707 428 329 154 70 Operating 1,840 2,067 2,111 1,792 387 338 income Operating 11.
Total steel shipments in the AM3S segment were higher at 5.
1 Shipments are defined as the sum of segment shipments excluding AM3S.
AM3S shipments are not consolidated and exclude all hirework and commission shipments from April 1, 2007 onwards.
As from the fourth quarter 2007 onwards AM3S division includes buying and selling trading activity from the ArcelorMittal International business
5 Shipments for the AM3S segment, which are mainly inter-company, are not consolidated in the total shipments of the combined company and are eliminated.
Pro forma sales in the AM3S segment were higher at $3.
The performance of the Stainless Steel segment is to remain at high levels, while the performance of AM3S and AACIS is expected to remain stable.