Ferroglobe PLC (GSM) 2017年年度报告「NASDAQ」.pdf

1、19JAN201715352596Ferroglobe PLCAnnual Report and Accounts 2017Company Registration No.9425113Ferroglobe PLCReport and Financial StatementsPeriod ended December 31,2017Ferroglobe PLCReport and financial statements 2017ContentsPage No.Glossary and definitions.1Officers and professional advisers.5Intro

2、duction.6Chairmans letter to shareholders.7Strategic report.11Directors report.14The Board of Directors.19Directors remuneration report.27Independent auditors report to the members of Ferroglobe PLC.57Consolidated financial statements.65Notes to the consolidated financial statements.71Parent company

3、 financial statements.172Notes to the parent company financial statements.174Appendix 1 Non-IFRS financial metrics.179Ferroglobe PLCGLOSSARY AND DEFINITIONSUnless the context requires otherwise,the following definitions apply throughout this U.K.Annual Report(including the Appendix,save as set out b

4、elow):2016.the financial year ended December 31,2016;2017.the financial year ended December 31,2017;2018 AGM.the Annual General Meeting of the Company,to be held onJune 27,2018;2019 AGM.the Annual General Meeting of the Company,to be held in 2019;2017 Form 20-F.the Companys Form 20-F for the fiscal

5、year endedDecember 31,2017;Adjusted EBITDA.earnings before interest,tax,depreciation and amortisation,adjusted in accordance with Companys adjustments announcedas part of its earnings reports.See Appendix 1 for thecalculation of non-IFRS financial metrics;Adjusted Net Profit.profit(loss)attributable

6、 to the Parent,adjusted in accordancewith Companys adjustments announced as part of its earningsreports.See Appendix 1 for the calculation of non-IFRS financialmetrics;Amended Revolving CreditFacility.the revolving credit facility previously available pursuant to theAmended Revolving Credit Facility