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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023 | Dec. 31, 2022
Profit or loss [abstract] |  |  |
Revenue | $ 1,876 | $ 1,732 | $ 1,829
Cost of sales | (1,279) | (1,107) | (1,139)
Gross profit | 597 | 625 | 690
Selling expenses | (74) | (66) | (65)
Administrative expenses | (239) | (185) | (142)
Exploration expenses | (21) | (7) |
Other operating income | 175 | 177 | 131
Other operating expenses | (88) | (88) | (46)
Impairment of property, plant and equipment, intangible assets and inventories | (34) | (39) | (38)
Impairment of financial assets | (56) |  | (4)
Share of profit/loss from associates and joint ventures | 146 | (2) | 105
Profit from sale/acquisition of companies´ interest | 34 | 9 |
Operating income | 440 | 424 | 631
Financial income | 32 | 5 | 5
Financial costs | (185) | (364) | (221)
Other financial results | 211 | 558 | 166
Financial results, net | 58 | 199 | (50)
Profit before income tax | 498 | 623 | 581
Income tax | 121 | (318) | (124)
Profit of the year | 619 | 305 | 457
Items that will not be reclassified to profit or loss |  |  |
Results related to defined benefit plans |  | (5) | (9)
Income tax |  | 2 | 3
Exchange differences on translation | 123 | (78) | 21
Items that may be reclassified to profit or loss |  |  |
Exchange differences on translation | 138 | (97) | 39
Other comprehensive income (loss) of the year | 261 | (178) | 54
Total comprehensive income of the year | 880 | 127 | 511
Total profit of the year attributable to: |  |  |
Owners of the company | 619 | 302 | 456
Non-controlling interest |  | 3 | 1
Total comprehensive income of the year attributable to: |  |  |
Owners of the Company | 880 | 124 | 510
Non-controlling interest |  | $ 3 | $ 1
Earnings per share attributable to equity holders of the Company |  |  |
Total basic earning per share | $ 0.46 | $ 0.22 | $ 0.33
Total diluted earning per share | $ 0.46 | $ 0.22 | $ 0.33

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