1、19JAN201715352596Ferroglobe PLCAnnual Report and Accounts 2016Company Registration No.9425113Ferroglobe PLCReport and Financial StatementsPeriod ended 31 December 2016Ferroglobe PLCReport and financial statements 2016ContentsPage No.Glossary and definitions.1Officers and professional advisers.4Intro
2、duction.5Strategic report.5Directors report.8Directors responsibilities statement.12Directors Remuneration Report.13Independent auditors report to the members of Ferroglobe PLC.45Consolidated Financial Statements.47Notes to the Consolidated Financial Statements.53Company only Balance Sheet.146Notes
3、to the Company only Financial Statements.148Ferroglobe PLCGLOSSARY AND DEFINITIONSThe following definitions apply throughout this U.K.Annual Report unless the context requiresotherwise:2016 Form 20-F.the Companys Form 20-F for the fiscal year ended31 December 2016;AEP.American Electric Power Co.,Inc
4、.;Amended Revolving CreditFacility.the revolving credit facility available pursuant to theAmended Revolving Credit Facility Agreement;Amended Revolving CreditFacility Agreement.the Existing Revolving Credit Facility Agreement asamended on or about 15 February 2017 by the RevolvingCredit Facility Ame
5、ndment;Annual General Meeting.the Companys annual general meeting to be held on28 June 2017;Aon.Aon Plc;Auditor.Deloitte LLP,the Companys independent U.K.statutoryauditor;Aurinka.Aurinka Photovoltaic Group,S.L.;Blue Power.Blue Power Corporation,S.L.;Board.the Companys board of directors;Business Com
6、bination.the business combination of Globe and FerroAtl antica asthe Companys wholly-owned subsidiaries on 23 December2015;Business CombinationAgreement.the definitive transaction agreement entered into on23 February 2015(as amended and restated on 5 May2015)by,among others,the Company,Grupo VM,Ferr