XML 44 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED INCOME STATEMENT - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Continuing operations      
Net sales $ 5,146,734 $ 7,294,055 $ 7,658,588
Cost of sales (4,087,317) (5,107,495) (5,279,300)
Gross profit 1,059,417 2,186,560 2,379,288
Selling, general and administrative expenses (1,119,227) (1,365,974) (1,509,976)
Impairment charge (622,402)
Other operating income 33,393 23,004 15,059
Other operating expenses (14,252) (11,199) (12,558)
Operating (loss) income (663,071) 832,391 871,813
Finance income 18,387 47,997 39,856
Finance cost (27,014) (43,381) (36,942)
Other financial results (56,368) 14,667 34,386
(Loss) income before equity in earnings of non-consolidated companies and income tax (728,066) 851,674 909,113
Equity in earnings of non-consolidated companies 108,799 82,036 193,994
(Loss) income before income tax (619,267) 933,710 1,103,107
Income tax (23,150) (202,452) (229,207)
(Loss) income for the year (642,417) 731,258 873,900
Attributable to:      
Owners of the parent (634,418) 742,686 876,063
Non-controlling interests (7,999) (11,428) (2,163)
(Loss) income for the year $ (642,417) $ 731,258 $ 873,900
Earnings per share attributable to the owners of the parent during the year:      
Weighted average number of ordinary shares (thousands) (in shares) 1,180,537 1,180,537 1,180,537
Continuing operations      
Basic and diluted earnings (losses) per share (in dollars per share) $ (0.54) $ 0.63 $ 0.74
Basic and diluted earnings per ADS (U.S. dollars per ADS) (in dollars per share) [1] $ (1.07) $ 1.26 $ 1.48
[1] Each ADS equals two shares.