Ferroglobe PLC (GSM) 2018年年度报告「NASDAQ」.pdf

1、19JAN201715352596Ferroglobe PLCAnnual Report and Accounts 2018Company Registration No.9425113Ferroglobe PLCReport and Financial StatementsPeriod ended 31 December 2018Ferroglobe PLCReport and financial statements 2018ContentsPage No.Glossary and definitions.1Officers and professional advisers.4Intro

2、duction.5Chairmans letter to shareholders.6Strategic report.9Directors report.12The Board of Directors.18Directors remuneration report.23Independent auditors report to the members of Ferroglobe PLC.54Consolidated financial statements.64Notes to the consolidated financial statements.70Parent company

3、financial statements.178Notes to the parent company financial statements.180Appendix 1 Non-IFRS financial metrics.187Ferroglobe PLCGLOSSARY AND DEFINITIONSUnless the context requires otherwise,the following definitions apply throughout this U.K.Annual Report(including the Appendix,save as set out be

4、low):2018.the financial year ended 31 December 2018;2017.the financial year ended 31 December 2017;2019 AGM.the Annual General Meeting of the Company,to be held on28 June 2019;2018 Form 20-F.the Companys Form 20-F for the fiscal year ended31 December 2018;Adjusted EBITDA.earnings before interest,tax

5、,depreciation and amortisation,adjusted in accordance with Companys adjustments announcedas part of its earnings reports.Alternative Performance Measuresare reconciled at Appendix 1;Alternative PerformanceMeasures.the non-IFRS financial metrics reconciled at Appendix 1;Aon.Aon Plc;Articles.The Artic

6、les of Association of the Company,from time to time;Auditor.Deloitte LLP,the Companys independent U.K.statutory auditor;Aurinka.Aurinka Photovoltaic Group,S.L.;Blue Power.Blue Power Corporation,S.L.;Board.the Companys board of directors;Business Combination.the business combination of Globe and Ferr