sid20130925_6k3.htm - Generated by SEC Publisher for SEC Filing
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 6-K
 
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
 
For the month of September, 2013
Commission File Number 1-14732
 

 
COMPANHIA SIDERÚRGICA NACIONAL
(Exact name of registrant as specified in its charter)
 
National Steel Company
(Translation of Registrant's name into English)
 
Av. Brigadeiro Faria Lima 3400, 20º andar
São Paulo, SP, Brazil
04538-132
(Address of principal executive office)
 

Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F. 
Form 20-F ___X___ Form 40-F _______

 Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

Yes _______ No ___X____


 
 

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Appraisal Report

SP-0126/13-02

 

COMPANHIA METALÚRGICA PRADA

         

 

 

 

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 Report SP-0126/13-02                  1


 
 

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REPORT:

SP-0126/13-02

BASE DATE:

August 31, 2013

 

REQUESTING COMPANY:

COMPANHIA SIDERÚRGICA NACIONAL hereinafter referred to as CSN.

A corporation, with headquarters at Avenida Brigadeiro Faria Lima, nº 3.400, 15º andar (parte), 19º e 20º andares, Itaim Bibi, in the city and state of São Paulo, inscribed in the roll of corporate taxpayers (CNPJ/MF) under no. 33.042.730/0001-04.

OBJECT:

Net Assets of COMPANHIA METALúRGICA PRADA, hereinafter referred to as PRADA

A privately-held corporation, with headquarters at Rua Eng. Francisco Pit Brito, nº 138, Santo Amaro, in the city and state of São Paulo, inscribed in the roll of corporate taxpayers (CNPJ/MF) under no. 56.993.900/0001-31.

PURPOSE:

To determine the value of prada´s net assets (assets and liabilities), for the purpose of their partial spin-off and merger by CSN,  pursuant to Articles 226 and 229 of Law 6404/76 (Brazilian Corporate Law).

 

 

 

 Report SP-0126/13-02                2 


 
 

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CONTENTS

 

1.

INTRODUCTION

3

2.

PRINCIPALS AND RESERVATIONS

4

3.

DISCLAIMER

5

4.

APPRAISAL METHODOLOGY

6

5.

APPRAISAL OF  PRADA’S NET ASSETS

7

6.

CONCLUSION

8

7.

EXHIBITS1

9

 

 

 

 

 

 

 

 Report SP-0126/13-02                  3


 
 

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1.  INTRODUCTION 

APSIS CONSULTORIA E AVALIAÇÕES LTDA., hereinafter referred to as APSIS, with headquarters at Rua da Assembleia, nº 35, 12º andar, in the city and state of Rio de Janeiro, inscribed in the roll of corporate taxpayers (CNPJ/MF) under no. 08.681.365/0001-30, was designated by CSN to verify the value of PRADA´s net assets, which will be partially spun-off for the purpose of their merger by CSN, pursuant to Articles 226 and 229 of Law 6404/76 (Corporate Law).

When preparing this report, we used data and information provided by third parties, in the form of documents and oral interviews with the client. The estimates used in this process are based on documents and information, including but not limited to:

§  Analytical Balance Sheet of PRADA on August 31, 2013.

§  PRADA´s Bylaws

APSIS has recently appraised the following firms for publicly-held companies for a variety of reasons:

§  AMÉRICA LATINA LOGÍSTICA DO BRASIL S/A

§  BANCO PACTUAL S/A

§  CIMENTO MAUÁ S/A

§  ESTA-EMPRESA SANEADORA TERRITORIAL AGRÍCOLA S/A.

§  ESTÁCIO PARTICIPAÇÕES S/A

§  GERDAU S/A

§  HOTÉIS OTHON S/A

§  L.R. CIA. BRAS. PRODS. HIGIENE E TOUCADOR S/A

§  LIGHT SERVIÇOS DE ELETRICIDADE S/A

§  LOJAS AMERICANAS S/A

§  MPX ENERGIA S/A

§  PETRÓLEO BRASILEIRO S/A – PETROBRAS

§  REPSOL YPF BRASIL S/A

§  TAM TRANSPORTES AÉREOS MERIDIONAL S/A

§  ULTRAPAR PARTICIPAÇÕES S/A

 

The APSIS team responsible for this project comprised the following professionals:

§  AMILCAR DE CASTRO
Commercial Officer

§  ANA CRISTINA FRANÇA DE SOUZA
Vice-President
Civil Engineer, Postgraduate  studies in Accounting (CREA/RJ 1991103043)

§  ANTONIO LUIZ FEIJÓ NICOLAU
Executive Officer

§  DANIEL GARCIA
Project Manager

§  ERIVALDO ALVES DOS SANTOS FILHO
Accountant (CRC/RJ-100990/O-1)

§  LUCILIA NICOLINI
Accountant (CRC/SP-107639/O-6)

§  LUIZ PAULO CESAR SILVEIRA
Vice-President
Mechanical Engineer, Master in Business Administration (CREA/RJ 1989100165)

§  MARCIA APARECIDA DE LUCCA CALMON
Technical Officer (CRC/SP-143169/O-4)

§  MÁRCIA MOREIRA FRAZÃO DA SILVA
Executive Officer (CRC/RJ-106548/O-3)

§  RENATA POZZATO CARNEIRO MONTEIRO
Vice-President 

§  RICARDO DUARTE CARNEIRO MONTEIRO
Chief Executive Officer
Civil Engineer, Postgraduate studies in Economic Engineering (CREA/RJ 1975102453)

§  SERGIO FREITAS DE SOUZA
Executive Officer
Economist (CORECON/RJ 23521-0)

 

 

 Report SP-0126/13-02                  4


 
 

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2.  PRINCIPALS AND RESERVATIONS

The following information is important and should be read carefully.

This report has been drawn up in strict compliance with the fundamental principles listed below:

§  The consultants have no direct or indirect interest in the companies involved or in the operation, nor is there any other relevant circumstance that could constitute a conflict of interest.

§  APSIS’ professional fees have no relation whatsoever to the conclusions of this report.

§  To the best of the consultants’ knowledge and belief, the analysis, opinions and conclusions expressed in this Report are based on true and accurate data, investigations, research and surveys.

§  The information received from third parties is deemed to be accurate as its sources are cited in this Report.

§  For projection purposes, we have assumed there are no liens or encumbrances of any nature, judicial or extra-judicial, on the companies in question, other than those listed in this Report.

§  This Report presents all the limiting conditions, if any, imposed by the adopted methodologies that may affect the analyses, opinions and conclusions of said Report.

§  The Report was prepared by APSIS and no one apart from its own consultants was involved in preparing its analyses and corresponding conclusions.

§  APSIS assumes total responsibility for the appraisal material, including implicit content, for the exercise of its functions, especially that established in laws, codes or internal regulations.

§  This Report has been drawn up in accordance with the criteria and recommendations established by the Brazilian Standards Bureau (ABNT), the Uniform Standards of Professional Appraisal Practice (USPAP) and the International Valuation Standards Council (IVSC), as well as requirements imposed by different bodies such as the Accounting Pronouncements Committee (CPC), the Ministry of Finance, the Central Bank, Banco do Brasil, the Brazilian Securities and Exchange Commission (CVM), the Superintendence of Private Insurance  (SUSEP), Income Tax Regulations (RIR) and the Brazilian Committee of Business Appraisers (CBAN), among others.

§  The controlling company and management of the companies involved did not direct, limit, place difficulties upon or practice any acts that could have jeopardized access to, as well as the use or knowledge of the information, goods, documents or working methods that were important to the conclusions of this Report.

 

 

 Report SP-0126/13-02                  5


 
 

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3.  DISCLAIMER 

§  When preparing this Report, APSIS made use of data and information from historical accounting registers audited by third parties or unaudited, furnished in writing by the company’s management or obtained from cited sources. Consequently, APSIS has assumed that the data and information obtained for this Report is true and consistent and therefore accepts no responsibility in relation to its veracity or otherwise.

§  The scope of this work does not include auditing the company’s financial statements or reviewing the work of its auditors. Consequently, APSIS is not expressing any opinion on the financial statements of the requesting company.

§  We accept no responsibility for any losses suffered by the requesting company and its subsidiaries, partners, officers, creditors or other parties, resulting from the use of the data or information supplied by the company and presented in this Report.

§  Our work was developed exclusively for the use of the requesting company and its partners for the purpose described above.

 


 

 

 Report SP-0126/13-02                  6


 
 

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4.   APPRAISAL METHODOLOGY

Examination of the already mentioned supporting documentation, in order to verify good bookkeeping in line with the legal, regulatory, normative and structural provisions governing the material, in accordance with accounting practices adopted in Brazil.

We examined PRADA’s accounting books and all other necessary documents for the preparation of this Report, which was based on PRADA´s balance sheet on August 31, 2013 (Exhibit 1).

In the opinion of the appraisers, PRADA´s assets and liabilities have been duly recorded.

 

 

 

 

 

 

 

 

 

 Report SP-0126/13-02                  7


 
 

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5.  APPRAISAL OF PRADA’S NET ASSETS

PRADA’s accounting books and all other necessary documents for the preparation of this Report were duly examined.

The appraisers concluded that the value of PRADA’s net assets, which will be partially spun-off for the purpose of their merger by CSN was fourteen million, two hundred seventy thousand, three hundred and forty-one reais and twenty-four centavos (R$14,270,341.24), on August 31, 2013, as shown in the adjacent table:

 

CIA METALÚRGICA PRADA

PRO FORMA ACCOUNTING STATEMENTS

STATEMENT OF FINANCIAL POSITION (R$)

BALANCES ON 8/31/2013

NET ASSETS TO BE SPUN-OFF

PRO FORMA BALANCES AFTER SPIN-OFF

CURRENT ASSETS

 

396,805,772.56

19,318,583.92

377,487,188.64

Cash and cash equivalents

 

9,949,533.25

 

9,949,533.25

Trade accounts receivable

 

143,431,395.08

19,306,681.77

124,124,713.31

Securities receivable

 

37,630,981.17

 

37,630,981.17

Payable to employees

 

370,003.95

 

370,003.95

Advances

 

4,017.02

 

4,017.02

Taxes recoverable

 

7,044,880.58

 

7,044,880.58

Inventories

 

197,245,498.37

 

197,245,498.37

NON-CURRENT ASSETS

 

360,174,804.06

82,913,358.62

277,261,445.44

LONG-TERM ASSETS

 

86,949,795.33

27,047,592.62

59,902,202.71

Compulsory loans

 

203,027.95

 

203,027.95

Amounts receivable

 

25,632,580.82

 

25,632,580.82

Guarantees and deposits

 

8,248,074.18

 

8,248,074.18

Securities receivable

 

25,573,733.40

 

25,573,733.40

Deferred taxes

 

315,472.92

70,686.56

244,786.36

Deferred income tax and social contribution

 

26,976,906.06  

26,976,906.06

-

PERMANENT ASSETS

 

273,225,008.73

55,865,766.00

217,359,242.73

INVESTMENTS

 

133,733,118.58

55,865,766.00

77,867,352.58

Investment in Usiminas

 

55,865,766.00

55,865,766.00

-

Goodwill from investments - CBL

 

138,728,006.25

 

138,728,006.25

Impairment - CBL

 

(60,860,653.67)

 

(60,860,653.67)

PROPERTY, PLANT AND EQUIPMENT

 

137,855,398.48

-

137,855,398.48

INTANGIBLE ASSETS

 

1,636,491.67

-

1,636,491.67

TOTAL ASSETS

 

756,980,576.62

102,231,942.54

654,748,634.08

CURRENT LIABILITITES

 

309,056,742.39

82,961,601.30

226,095,141.09

Trade accounts payable

 

266,871,157.82

82,907,903.57

183,963,254.25

Payroll and related charges

 

11,912,341.88

 

11,912,341.88

Taxes payable

 

5,958,245.43

 

5,958,245.43

Advances

 

2,809,221.37

 

2,809,221.37

Accounts payable

 

1,519,421.74

53,697.73

1,465,724.01

Other liabilities

 

1,182,929.32

 

1,182,929.32

Provisions

 

3,745,294.83

 

3,745,294.83

Contingent liabilities

 

15,058,130.00

 

15,058,130.00

NON-CURRENT LIABILITIES

 

199,060,018.61

5,000,000.00

194,060,018.61

LONG-TERM LIABILITIES

 

199,060,018.61

5,000,000.00

194,060,018.61

Advance on future capital increase - CSN

 

5,000,000.00  

5,000,000.00

-

Accounts payable

 

8,092,591.29

 

8,092,591.29

Provisions

 

185,967,427.32

 

185,967,427.32

SHAREHOLDERS' EQUITY

 

248,863,815.62

14,270,341.24

234,593,474.38

Capital stock

 

769,845,140.74

1,000.00

769,844,140.74

Capital reserves

 

24,378,829.49

 

24,378,829.49

Comprehensive income

 

14,269,341.24

14,269,341.24

-

Accrued income/ losses

 

(559,629,495.85)

 

(559,629,495.85)

TOTAL LIABILITIES

 

756,980,576.62

102,231,942.54

654,748,634.08

 

 

 

 

 Report SP-0126/13-02                 8


 
 

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6.  CONCLUSION 

Following the examination of the previously mentioned documents and based on APSIS´s own studies, the appraisers concluded that the value of PRADA’s net assets, which will be partially spun-off for the purpose of their merger by CSN was fourteen million, two hundred seventy thousand, three hundred and forty-one reais and twenty-four centavos (R$14,270,341.24), on August 31, 2013.

Having concluded Report SP-0126/13-02, consisting of nine (9) written pages and two (2) exhibits, APSIS Consultoria e Avaliações Ltda. (CRC/RJ-005112/O-9), a company specializing in the appraisal of goods, legally represented by its executive officers, is available to clarify any doubts that may arise.

 

São Paulo, September 10, 2013.

 

 

 Report SP-0126/13-02                  9


 
 

                                                                                                                     

                                                  

MARCIA APARECIDA DE LUCCA CALMON

Executive Officer (CRC/SP-143169/O-4)

DANIEL GARCIA

Project Manager

 

 

 Report SP-0126/13-02                 10


 
 

                                                                                                                     

7.  EXHIBITS 

1.    SUPPORTING DOCUMENTATION

 

 

 

 

RIO DE JANEIRO - RJ

Rua da Assembleia, nº 35, 12º andar

Centro, CEP 20011-001

Tel.: + 55 (21) 2212-6850 Fax: + 55 (21) 2212-6851

 

SÃO PAULO - SP

Av. Angélica, nº 2.503, Conj. 42

Consolação, CEP 01227-200

Tel.: + 55 (11) 3666-8448 Fax: + 55 (11) 3662-5722

 

 

 

 

 

 

 Report SP-0126/13-02                  11


 
 
EXHIBIT 1

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

   
         
       

Balance on 8/31/2013

10000000 ASSETS

   

11000000 CURRENT ASSETS

 

11010000 CASH AND CASH EQUIVALENTS

 

11010200 TRANSACTION ACCOUNTS

 

11010201

   

BANCO BRADESCO-TRANSACTION ACCOUNT

4,322.15

11010203

   

BANCO DO BRASIL RJ-TRANSACTION ACCOUNT

9,055.39

11010208

   

BANCO ITAÚ-TRANSACTION ACCOUNT

150

11010211

   

BANCO SAFRA-TRANSACTION ACCOUNT

1,921.84

11010213

   

CAIXA ECONÔMICA FEDERAL-VR-TRANSACTION ACCOUNT

3,741.76

11010225

   

BANCO FIBRA-TRANSACTION ACCOUNT

482.66

11010228

   

BANCO SANTANDER-TRANSACTION ACCOUNT

6,526.96

TOTAL TRANSACTION ACCOUNTS

26,200.76

11010400 BANK RECONCILIATION

 

11010401

   

BANCO BRADESCO-RECONCILIATION

1,297.23

11010403

   

BANCO DO BRASIL RJ-RECONCILIATION

-2,000.00

11010408

   

BANCO ITAÚ-RECONCILIATION

3,731,435.68

11010428

   

BANCO SANTANDER-VR-RECONCILIATION

73,731.84

11010470

   

(-) PROV. BANK GUARANTEE COMMISSION

-87,874.43

TOTAL BANK RECONCILIATION

3,716,590.32

110110 CASH EQUIVALENTS (UP TO 90 D)

 

11011000 FINANCIAL INVESTMENTS

 

11011003

   

THIRD-PARTY FUNDS-DOMESTIC CURRENCY

6,206,742.17

TOTAL CASH EQUIVALENTS (UP TO 90 D)

6,206,742.17

TOTAL CASH EQUIVALENTS (UP TO 90 D)

6,206,742.17

TOTAL CASH AND CASH EQUIVALENTS

9,949,533.25

         

11050000 TRADE ACCOUNTS RECEIVABLE

 

11050100 CLIENTS - THIRD-PARTIES

 

11050101

   

DOMESTIC CLIENTS

167,391,781.11

11050102

   

FOREIGN CLIENTS

323,147.60

11050125

   

CLIENTS - ADJUSTMENTS RECOGNIZED IN PROFIT

-24,618,731.31

TOTAL CLIENTS - THIRD PARTIES

143,096,197.40

11050200 CLIENTS - DOMESTIC SUBSIDIARIES AND AFFILIATES

 

11050217

   

TRADE ACCOUNTS RECEIVABLE- CIA. SIDERÚRGICA NACIONAL

19,306,681.77

11050221

   

TRADE ACCOUNTS RECEIVABLE- CIA METALÚRGICA PRADA

0

11050225

   

TRADE ACCOUNTS RECEIVABLE- NACIONAL MINÉRIO S/A

12,485.56

11050236

   

INVESTEES- ADJUSTMENTS RECOGNIZED IN PROFIT

-3,679,471.66

TOTAL CLIENTS - DOMESTIC SUBSIDIARIES

15,639,695.67

11050900 ALLOWANCE FOR DOUBTFUL ACCOUNTS

 

11050901

   

ESTIMATED DOUBTFUL ACCOUNT LOSSES

-43,410.38

11050902

   

ESTIMATED DOUBTFUL ACCOUNT LOSSES - ALLOWANCE

-15,261,087.61

TOTAL ALLOWANCE FOR DOUBTFUL ACCOUNTS

-15,304,497.99

TOTAL TRADE ACCOUNTS RECEIVABLE

143,431,395.08

         

11100000 OTHER RECEIVABLES

 

11100100 SECURITIES RECEIVABLE

 

11100118

   

OTHER SECURITIES RECEIVABLE

2,072,001.26

11100126

   

OTHER ACCOUNTS (R)

1,859,542.04

11100153

   

INTERCOMPANY LOANS - PRINCIPAL C

34,650,211.23

11100154

   

INTERCOMPANY LOANS - MI CHARGES

4,535,809.73

11100165

   

IRRF IN DOMESTIC CURRENCY - INVESTEES

800,437.01

11100190

   

PROV.FOR LOSSES FROM SECURITIES RECEIVABLE

-2,072,001.26

TOTAL SECURITIES RECEIVABLE

41,846,000.01

11100300 CONSIGNMENT

 

11100302

   

UNEARNED PROFIT - SALES ON CONSIGNMENT

-4,215,018.84

TOTAL CONSIGNMENT

-4,215,018.84

TOTAL OTHER RECEIVABLES

37,630,981.17

         

11150000 EMPLOYEE EXPENSES

 

11150100 EMPLOYEES

   

11150102

   

ADVANCES FOR DOMESTIC TRAVELS

3,470.00

11150103

   

ADVANCES FOR TRAVELS ABROAD

171,084.96

11150107

   

ADVANCES FOR EXPENSES

6,638.03

11150137

   

RESTAURANT AND DINING HALL

0.01

11150142

   

OTHER EMPLOYEE EXPENSES

157,632.21

11150148

   

BASIC-NEEDS GROCERY PACKAGE

31,178.74

TOTAL EMPLOYEES

370,003.95

TOTAL EMPLOYEE EXPENSES

370,003.95

         

11200000 DEBT CURRENT ACCOUNTS

 

11200100 INVESTEES

   

11200135

   

C/A CIA. SIDERÚRGICA NACIONAL

11,902.15

TOTAL INVESTEES

 

11,902.15

11200400 OTHER ACCOUNTS

 

11200491

   

OTHER C/C

85,773.59

TOTAL OTHER ACCOUNTS

85,773.59

TOTAL DEBT CURRENT ACCOUNTS

97,675.74

         

11250000 ADVANCES IN CASH

 

11250100 TRADE ACCOUNTS PAYABLE

 

11250101

   

ADVANCES TO DOMESTIC SUPPLIERS

-527.77

11250102

   

ADVANCES TO SUPPLIERS ABROAD

4,544.79

TOTAL TRADE ACCOUNTS PAYABLE

4,017.02

TOTAL ADVANCES IN CASH

4,017.02

         

11350000 OTHER LONG-TERM RECEIVABLES

 

11350200 RECOVERABLE TAXES

 

11350201

   

RECOVERABLE IPI - SHORT TERM

1,773,609.86

11350202

   

RECOVERABLE ICMS TAX - SHORT TERM

1,478,199.86

11350203

   

TAXES IN TRANSFER-PREMISES

145,177.63

11350205

   

IRRF ON SERVICES RENDERED

0

11350206

   

IRRF ON FINANCIAL OPERATIONS

47,171.23

11350212

   

RECOVERABLE PIS

333,945.78

11350215

   

RECOVERABLE COFINS

917,848.31

11350223

   

IRPJ/IRRF TO OFFSET

113,077.69

11350224

   

CSLL TO OFFSET

829,287.44

11350227

   

WITHHOLDING PIS / PASEP

323.09

11350228

   

WITHHOLDING COFINS

1,491.21

11350229

   

WITHHOLDING CSLL

0

11350234

   

ICMS ON BORROWING OF MATERIALS

1,320.00

11350236

   

ICMS - FIXED ASSETS

198,393.88

11350238

   

PIS-LAW 10637

0.01

11350243

   

PIS TO OFFSET

3,714.32

11350244

   

COFINS TO OFFSET

90,722.30

11350249

   

ICMS ON IMPORTS

13,807.14

11350257

   

RECOVERABLE ICMS TAX SUSTITUTION

25.95

TOTAL RECOVERABLE TAXES

5,948,115.70

11350500 CONSIGNMENT - TAXES

 

11350501

   

TAXES ON CONSIGNMENT

1,096,764.88

TOTAL CONSIGNMENT - TAXES

1,096,764.88

TOTAL OTHER LONG-TERM RECEIVABLES

7,044,880.58

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

   
         
       

Balance on 8/31/2013

11400000 INVENTORIES

 

11400100 FINISHED PRODUCTS

 

11400101

   

FINISHED PRODUCTS

39,235,107.95

11400106

   

INVENTORIES ADJUSTMENT RECOGNIZED IN REVENUE

19,226,986.52

TOTAL FINISHED PRODUCTS

58,462,094.47

11400200 INVENTORY TRANSFER

 

11400201

   

INVENTORY TRANSFER

353,923.82

TOTAL INVENTORY TRANSFER

353,923.82

11400300 PRODUCTS FOR SALE

 

11400301

   

MATERIAL FOR RESALE

2,238,677.55

TOTAL PRODUCTS FOR SALE

2,238,677.55

11400400 PRODUCTS IN PROCESS

 

11400401

   

PROD. AND SERVICES IN PROCESS

25,060,212.58

11400402

   

PROD. AND SERVICES IN PROCESS - WIP

1,763,426.08

11400499

   

PROD. AND SERVICES IN PROCESS - ANALYSIS

0

TOTAL PRODUCTS IN PROCESS

26,823,638.66

11400600 RAW MATERIAL

 

11400601

   

OTHER RAW MATERIAL

95,585,722.82

11400607

   

STEEL SCRAP

46,106.83

TOTAL RAW MATERIAL

95,631,829.65

11400700 STOREROOMS

 

11400701

   

STOREROOMS

9,559,879.86

11400702

   

PRODUCTION INPUTS AND SUPPLIES

431,479.65

11400703

   

FUEL GASES AND LUBRICANTS

55,634.18

11400704

   

PACKAGE MATERIAL

151,172.35

11400705

   

OTHER MAINTENANCE AND CONSUMPTION MATERIALS

7,816,193.19

11400790

   

INVENTORIES IN PROGRESS TRANSFERRED TO PP&E

-1,971,035.51

TOTAL STOREROOMS

16,043,323.72

11401000 IMPORTS IN PROGRESS

 

11401018

   

IMPORTS IN PROGRESS

206,541.56

TOTAL IMPORTS IN PROGRESS

206,541.56

11401100 THIRD-PARTY MATERIAL IN COMPANY'S POSSESSION

 

11401103

   

INCORP. SERV. - THIRD-PARTY MATERIALS

271,509.36

TOTAL THIRD-PARTY MATERIAL IN COMPANY'S POSSESSION

271,509.36

11401300 PROVISION FOR INVENTORY LOSS

 

11401301

   

(-)PROVISION FOR INVENTORY LOSS

-2,786,040.42

TOTAL PROVISION FOR INVENTORY LOSS

-2,786,040.42

TOTAL INVENTORIES

197,245,498.37

         

11500000 PREPAID EXPENSES

 

11500100 PREPAID EXPENSES

 

11500101

   

TAXES AND FEES

581,983.70

11500122

   

MEAL VOUCHER

0

11500123

   

TRANSPORTATION VOUCHER

0

11500135

   

PREPAID EXPENSES - USE OF LICENSE

449,803.70

TOTAL PREPAID EXPENSES

1,031,787.40

TOTAL PREPAID EXPENSES

1,031,787.40

         

TOTAL CURRENT ASSETS

396,805,772.56

         

12000000 LONG-TERM RECEIVABLES

 

12010000 OBLIGATIONS, RESERVE REQUIREMENT FUNDS

 

12010100 RESERVE REQUIREMENTS

 

12010101

   

ELETROBRAS

993,215.68

12010102

   

PROVISION FOR LOSS- ELETROBRAS

-790,187.73

TOTAL RESERVE REQUIREMENTS

203,027.95

TOTAL OBLIGATIONS, RESERVE REQUIREMENT FUNDS

203,027.95

         

12200000 AMOUNTS RECEIVABLE - LONG TERM

 

12200200 ADVANCES FOR FUTURE CAPITAL INCREASE

 

12200220

   

ADVANCES FOR FUTURE CAPITAL INCREASE - CBL

25,436,182.67

TOTAL ADVANCES FOR FUTURE CAPITAL INCREASE

25,436,182.67

12200700 GOODS IN POSSESSION OF THIRD-PARTIES/SUBSIDIARIES

 

12200702

   

GOODS IN LOAN FOR USE AGREEMENT WITH CSN

196,398.15

TOTAL GOODS IN POSSESSION OF THIRD-PARTIES/SUBSIDIARIES

196,398.15

TOTAL TRADE ACCOUNTS RECEIVABLE - LONG TERM

25,632,580.82

         

12250000 SECURITY AND DEPOSITS

 

12250100 JUDICIAL AND ADMINISTRATIVE

 

12250301

   

JUDICIAL DEPOSITS - LABOR

6,367,465.39

12250302

   

JUDICIAL DEPOSITS - TAX

1,666,593.45

12250303

   

JUDICIAL DEPOSITS - CIVIL

145,148.98

12250304

   

JUDICIAL DEPOSITS- ENVIRONMENTAL

68,866.36

TOTAL JUDICIAL AND ADMINISTRATIVE

8,248,074.18

TOTAL SECURITY AND DEPOSITS

8,248,074.18

         

12350000 SECURITIES RECEIVABLE

 

12350100 SECURITIES RECEIVABLE

 

12350112

   

PROVISION FOR LOSS FROM SECURITIES RECEIVABLE FROM CBL

-4,999,982.40

12350153

   

INTERCOMPANY LOAN

30,573,715.80

TOTAL SECURITIES RECEIVABLE

25,573,733.40

         

12360000 OTHER INVESTMENTS

 

12360100 OTHER INVESTMENTS

 

12360101

   

INVESTMENTS FOR SALE

145,595.25

12360190

   

PROVISION FOR LOSS IN INVESTMENTS FOR SALE

-145,595.25

TOTAL OTHER INVESTMENTS

0

         

12400000 OTHER RECEIVABLES

 

12400300 TAXES, CONTRIB. AND FEES TO OFFSET

 

12400313

   

FIXED ASSET ICMS - INAL

298,112.66

12400314

   

PIS ON FIXED ASSET ACQUISITION

4,256.80

12400315

   

COFINS ON FIXED ASSET ACQUISITION

13,103.46

TOTAL TAXES, CONTRIB. AND FEES TO OFFSET

315,472.92

TOTAL OTHER RECEIVABLES

315,472.92

         

12470000 DEFERRED IRPJ (LONG TERM)

 

12470100 DEFERRED IRPJ (LONG TERM)

 

12470101

   

DEFERRED IRPJ (LONG TERM)

104,769,225.32

12470103

   

IRPJ-CVM INSTR. 349/01

6,560,127.30

12470104

   

(-)FISCAL ASSET IR-CVM INSTR. 349/01

-6,560,127.30

12470110

   

IRPJ - DEFERRED LIABILITIES (-)

-5,457,341.00

12470111

   

IRPJ-DEFERRED ASSETS - CONTRA ACCOUNT (-)

-79,475,923.98

TOTAL DEFERRED IRPJ (LONG TERM)

19,835,960.34

12480000 DEFERRED CSLL (LONG TERM)

 

12480100 DEFERRED CSLL (LONG TERM)

 

12480101

   

DEFERRED CSLL (LONG TERM)

40,642,781.92

12480103

   

CSLL- CVM INSTR. 349/01

2,361,645.84

12480104

   

(-)FISCAL ASSETS CSLL-CVM INSTR. 349/01 

-2,361,645.84

12480110

   

CSLL - DEFERRED LIABILITIES (-)

-1,964,642.76

12480111

   

CSLL-DEFERRED ASSETS - CONTRA ACCOUNT (-)

-31,537,193.44

TOTAL DEFERRED CSLL (LONG TERM)

7,140,945.72

         

TOTAL LONG TERM RECEIVABLES

86,949,795.33

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

   
         
       

Balance on 8/31/2013

13000000 PERMANENT ASSETS

 

13010000 INVESTMENTS

 

13010100 STATED AT EQUITY METHOD

 

13010199

   

INVESTMENT - GOODWILL ON CBL

138,728,006.25

TOTAL STATED AT EQUITY METHOD

138,728,006.25

13010400 PROVISION FOR INVESTMENT LOSSES

 

13010434

   

(-) IMPAIRMENT - CBL

-60,860,653.67

TOTAL PROVISION FOR INVESTMENT LOSSES

-60,860,653.67

13011000 STATED AT ACQUISITION COST

 

13011005

   

CIA TELEFONICA BRASILEIRA

742.54

13011007

   

UNIÃO DE BANCOS BRASILEIROS S/A

5,516.53

13011020

   

PROVISION FOR LOSS - STATED AT ACQUISITION COST

-6,259.07

13011022

   

USIMINAS

135,417,509.00

13011023

   

USIMINAS - INVESTMENT ADJUSTMENT

-79,551,743.00

TOTAL STATED AT ACQUISITION COST

55,865,766.00

TOTAL INVESTMENTS

133,733,118.58

         

13050000 PROPERTY, PLANT AND EQUIPMENT

 

13050100 OPERATING ASSETS

 

13050101

   

FURNITURE AND FIXTURES

3,488,204.93

13050102

   

EQUIPMENT AND PREMISES

101,746,805.05

13050103

   

BUILDINGS

76,936,917.37

13050104

   

VEHICLES

162,297.71

13050105

   

HARDWARE

6,286,950.65

13050107

   

SUPPORT LAND

13,159,486.29

13050112

   

PROVISION FOR PP&E WRITTEN OFF

-3,756,721.56

13050113

   

LEASEHOLD IMPROVEMENT

1,335,666.35

13050115

   

STOREROOM - SPARE PARTS

833,648.87

13050116

   

INDUSTRIAL LAND

153,022.40

13050118

   

STOREROOM - SPARE PARTS PL-34

216,771.34

13050190

   

INVENTORIES IN PROGRESS - CURRENT MOVEMENT

1,971,035.51

TOTAL OPERATING ASSETS

202,534,084.91

13050200 PROPERTY, PLANT AND EQUIPMENT AMORTIZATION

 

13050201

   

(-) ACCUMULATED DEPRECIATION ON FURNITURE AND FIXTURES

-2,599,430.52

13050202

   

(-) ACCUMULATED DEPRECIATION ON EQUIPMENT AND PREMISES

-39,462,039.69

13050203

   

(-) ACCUMULATED DEPRECIATION ON BUILDINGS

-16,246,577.07

13050204

   

(-) ACCUMULATED DEPRECIATION ON VEHICLES

-121,464.38

13050205

   

(-) ACCUMULATED DEPRECIATION ON HARDWARE

-5,466,277.53

13050213

   

(-) ACCUMULATED DEPRECIATION ON LEASEHOLD IMPROVEMENTS

-1,314,528.05

TOTAL PROPERTY, PLANT AND EQUIPMENT AMORTIZATION

-65,210,317.24

13050300 CURRENT WORKS

 

13050301

   

CONSTRUCTION IN PROGRESS

219.7

13050306

   

PROPERTY, PLANT AND EQUIPMENT EXPENSES NOT RECOGNIZED

764,298.84

TOTAL CURRENT WORKS

764,518.54

13050700 IMPORTS IN PROGRESS - PROPERTY, PLANT AND EQUIPMENT

 

13050701

   

IMPORTS IN PROGRESS - PROPERTY, PLANT AND EQUIPMENT

-232,887.73

TOTAL IMPORTS IN PROGRESS - PROPERTY, PLANT AND EQUIPMENT

-232,887.73

TOTAL PROPERTY, PLANT AND EQUIPMENT

137,855,398.48

         

13090000 INTANGIBLE ASSETS

 

13090200 INTANGIBLE ASSETS IN AMORTIZATION

 

13090201

   

SOFTWARE

1,784,850.46

TOTAL INTANGIBLE ASSETS IN AMORTIZATION

1,784,850.46

13090300 ACCUMULATED AMORTIZATION

 

13090301

   

(-) A.A. SOFTWARE

-148,358.79

TOTAL ACCUMULATED AMORTIZATION

-148,358.79

13090400 GOODWILL ON MERGER

 

13090404

   

GOODWILL ON MERGER - PRADA

87,876,946.46

13090407

   

GOODWILL ON MERGER. - ONOMATOPEIA

11,243,691.10

13090498

   

TAX INCENTIVE- CVM INSTR. 349/01

-32,717,013.98

13090499

   

PROVISION FOR CVM INSTRUCTION 349/01

-63,509,497.74

TOTAL GOODWILL ON MERGER

2,894,125.84

13090500 GOODWILL AMORTIZATION ON MERGER

 

13090506

   

GOODWILL AMORTIZATION ON MERGER - PRADA

-1,464,615.77

13090508

   

GOODWILL AMORTIZATION ON MERGER - ONOMATOPEIA

-1,429,510.07

TOTAL GOODWILL AMORTIZATION ON MERGER

-2,894,125.84

TOTAL INTANGIBLE ASSETS

1,636,491.67

         

TOTAL PERMANENT ASSETS

273,225,008.73

         

TOTAL ASSETS

 

756,980,576.62

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

   
         
       

Balance on 08/31/2013

20000000 LIABILITIES

   

21000000 CURRENT LIABILITIES

 

21150000 TRADE ACCOUNTS PAYABLE

 

21150100 TRADE ACCOUNTS PAYABLE - THIRD PARTIES

 

21150101

   

DOMESTIC SUPPLIERS

-8,968,534.47

21150102

   

FOREIGN SUPPLIERS

-43,726.09

21150103

   

ACCOUNTS PAYABLE TO EMPLOYEES

-96,735.01

21150104

   

TAXES

-47,809.65

21150105

   

ENTITIES

-7,017.00

21150106

   

FINANCIAL INSTITUTIONS

-36,899.40

TOTAL TRADE ACCOUNTS PAYABLE - THIRD PARTIES

-9,200,721.62

21150200 TRADE ACCOUNTS PAYABLE - INVESTEES

 

21150201

   

SUPPLIER CSN CIMENTOS

-2,711.67

21150203

   

SUPPLIER MRS LOGISTICA S/A

-13,431.66

21150209

   

SUPPLIER CIA.SIDERÚRGICA NACIONAL

-255,131,762.31

21150244

   

SUPPLIER RIMET

-39,506.37

TOTAL TRADE ACCOUNTS PAYABLE - INVESTEES

-255,187,412.01

21159900 OFFSET

   

21159998

   

INCOME TAX PAYMENT OFFSET - SERVICES

-1,122,602.67

21159999

   

INCOME TAX PAYMENT OFFSET - PRODUCTS

-1,360,421.52

TOTAL OFFSET

 

-2,483,024.19

TOTAL TRADE ACCOUNTS PAYABLE

-266,871,157.82

         

21200000 PAYROLL, FEES AND RELATED CHARGES

 

21200100 PAYROLL

   

21200108

   

PAYROLL PAYABLE

-35,378.90

21200109

   

PROVIVION FOR VACATION PAY

-6,582,270.18

21200110

   

PROVISION - DISCOUNTS IN VACATION PAY

-81,227.70

21200111

   

PROVISION FOR CHRISTMAS BONUS

-2,646,329.13

21200112

   

ADVANCES FOR CHRISTMAS BONUS

65,977.01

TOTAL PAYROLL

 

-9,279,228.90

21200300 SOCIAL CONTRIBUTION PAYABLE

 

21200314

   

WITHHOLDING INSS - LAW 9711

-61,059.13

21200316

   

INSS SERVICE RENDERING-CO-OPERATIVE-LAW

-8,276.59

21200317

   

INSS SELF-EMPLOYED INDIVIDUALS-SUPLEMENTARY LAW 84/96

-5,556.03

21200319

   

FGTS PAYABLE - SHORT TERM

-313,436.57

21200321

   

TRADE UNION CONTRIBUTIONS - EMPLOYEES - SHORT TERM

-624.49

21200323

   

SENAI - SHORT TERM

-44,676.79

21200324

   

SESI - SHORT TERM

-56,116.06

21200325

   

WORKPLACE ACCIDENT INSURANCE-SAT

-116,186.20

21200326

   

INSS - COMPANY - SHORT TERM

-799,014.23

21200327

   

INSS - TRANSFER TO EMPLOYEE - SHORT TERM

-328,941.67

21200328

   

SOCIAL SECURITY ACCIDENT FACTOR

-899,225.22

TOTAL SOCIAL CONTRIBUTION PAYABLE

-2,633,112.98

TOTAL PAYROLL, FEES AND RELATED CHARGES

-11,912,341.88

         

21300000 TAXES PAYABLE

   

21300100 TAXES PAYABLE

 

21300101

   

IPI - INDUSTRIALIZED PRODUCTS TAXES PAYABLE

-1,614,198.87

21300102

   

CSLL, COFINS AND PIS - WITHHOLDING TAX

-8,291.43

21300104

   

IRRF - SERVICES RENDERED

-5,074.47

21300108

   

ICMS PAYABLE

-7,774,410.21

21300109

   

ICMS -LAW 1423/89 - RATE DIFFERENTIAL

-2,991.99

21300110

   

ISS PAYABLE - SHORT TERM

-2,988.04

21300112

   

ICMS - TAX SUBSTITUTION

-23,784.49

21300113

   

PIS PAYABLE - SHORT TERM

-623,096.85

21300115

   

COFINS PAYABLE - SHORT TERM

-2,846,401.85

21300126

   

ISS WITHHELD FROM THIRD PARTIES - ARAUCÁRIA

-133.78

21300127

   

ISS WITHHELD FROM THIRD PARTIES - SÃO PAULO

-18,370.33

21300129

   

ISS WITHHELD FROM THIRD PARTIES - INAL PIRACICA

-679.37

21300131

   

ISS WITHHELD FROM THIRD PARTIES - INAL MOGI DAS

-2,743.01

21300133

   

ISS WITHHELD FROM THIRD PARTIES - INAL DUQUE DE

-210.76

21300134

   

ISS WITHHELD FROM THIRD PARTIES - INAL RECIFE

-1,465.88

21300135

   

ISS WITHHELD FROM THIRD PARTIES - INAL CONTAGEM

-23.8

21300137

   

ICMS - TAX SUBSTITUTION

-9,285.66

21300142

   

TAXES - ADJUSTMENTS FROM RECOGNITION OF REVENUE

7,531,993.89

21300143

   

ISS WITHHELD FROM THIRD PARTIES - INAL JUIZ DE

-766.82

21300150

   

ISS WITHHELD FROM THIRD PARTIES - UBERLÂN

-8,641.14

21300151

   

ISS WITHHELD FROM THIRD PARTIES - PELOTAS

-13,580.03

21300155

   

ISS WITHHELD FROM THIRD PARTIES - BEBEDOU

-290.58

21300157

   

IRRF-EMPLOYEES

-248,416.85

21300161

   

ISS WITHHELD FROM THIRD PARTIES - MAUÁ

-34.3

TOTAL TAXES PAYABLE

-5,673,886.62

21300200 LIABILITIES AND TAXES IN INSTALLMENTS

 

21300214

   

INSTALLMENT PAYMENT - LAW 11941/09

-284,358.81

TOTAL LIABILITIES AND TAXES IN INSTALLMENTS

-284,358.81

TOTAL TAXES PAYABLE

-5,958,245.43

         

21350000 ADVANCES

   

21350100 ADVANCES FROM THIRD PARTY CLIENTS

 

21350101

   

ADVANCES FROM CLIENTS

-2,809,221.37

TOTAL ADVANCES FROM THIRD PARTY CLIENTS

-2,809,221.37

TOTAL AVANCES

 

-2,809,221.37

         

21400000 PAYABLES

   

21400100 CURRENT ACCOUNTS-INVESTEES

 

21400113

   

C/C CSN

-53,625.73

TOTAL CURRENT ACCOUNTS-INVESTEES

-53,625.73

21400200 CURRENT ACCOUNTS - INVESTOR

 

21400201

   

C/C CSN

-72

TOTAL CURRENT ACCOUNTS - INVESTOR

-72

21400400 OTHER ACCOUNTS

 

21400410

   

ACCOUNTS PAYABLE

-294,313.42

21400440

   

PERSONAL DEVEL. FUND - AC. SESI

-157,579.05

21400441

   

PERSONAL DEVEL. FUND - SENAI

-1,079.97

21400442

   

PIS-SOCIAL INTEGRATION PROGRAM

0

21400443

   

FNDE-TRANSFER TO EMPLOYEES

-97,036.80

21400445

   

GROUP LIFE INSURANCE

-104,289.60

21400448

   

HEALTHCARE PLAN

0

21400451

   

VIDALINK DRUGSTORE

-24,378.49

21400452

   

TRADE UNION MONTHLY PAYMENT

-22,775.62

TOTAL OTHER ACCOUNTS

-701,452.95

21400600 CONSIGNATION

 

21400601

   

AMOUNTS TO BE WRITTEN OFF - CONSIGNED PRODUCTS

-764,271.06

TOTAL CONSIGNATION

-764,271.06

TOTAL ACCOUNTS PAYABLE

-1,519,421.74

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

   
         
       

Balance on 08/31/2013

21450000 OTHER LIABILITIES

 

21450300 EMPLOYEE PROFIT SHARING

 

21450303

   

EMPLOYEE PROFIT SHARING

-1,182,929.32

TOTAL EMPLOYEE PROFIT SHARING

-1,182,929.32

TOTAL OTHER LIABILITIES

-1,182,929.32

         

21500000 PROVISIONS

   

21500400 RENOVATIONS AND MAINTENANCES

 

21500403

   

PROVISION FOR CONSUMABLES AND SERVICES

-523,330.09

TOTAL RENOVATIONS AND MAINTENANCES

-523,330.09

21500500 OTHER PROVISIONS

 

21500506

   

PROVISION FOR SERVICES RENDERED

-27,274.36

21500511

   

FREIGHT PROVISIONS

-3,194,690.38

TOTAL OTHER PROVISIONS

-3,221,964.74

TOTAL PROVISIONS

 

-3,745,294.83

         

21510000 CONTINGENT LIABILITIES - SHORT TERM

 

21510200 PROVISIONS FOR CONTINGENCIES

 

21510201

   

LABOR

-10,064,076.37

21510202

   

CIVIL

-4,994,053.63

TOTAL PROVISIONS - FOR CONTINGENCIES

-15,058,130.00

TOTAL CONTINGENT LIABILITIES - SHORT TERM

-15,058,130.00

         

TOTAL CURRENT LIABILITIES

-309,056,742.39

         

22000000 LONG-TERM LIABILITIES

 

22060000 CURRENT ACCOUNTS / LOANS

 

22060300 ADVANCES FOR FUTURE CAPITAL INCREASE

 

22060301

   

ADV. FOR FUTURE CAPITAL INCREASE - CSN

-5,000,000.00

TOTAL ADVANCES FOR FUTURE CAPITAL INCREASE

-5,000,000.00

TOTAL CURRENT ACCOUNTS / LOANS

-5,000,000.00

         

22100000 PAYABLES

   

22100100 TAXES

   

22100117

   

DEFERRED ICMS - TAX INCENTIVES

-2,038,248.03

TOTAL TAXES

 

-2,038,248.03

22100200 LIABILITIES AND TAXES IN INSTALLMENT

 

22100215

   

INSTALLMENT PAYMENT - LAW 11.941/09

-3,626,343.26

TOTAL LIABILITIES AND TAXES IN INSTALLMENT

-3,626,343.26

22100300 PAYABLES

   

22100307

   

ACCOUNTS PAYABLE

-2,428,000.00

TOTAL ACCOUNTS PAYABLE

-2,428,000.00

TOTAL ACCOUNTS PAYABLE

-8,092,591.29

         

22200000 PROVISIONS

   

22200300 PROVISION FOR LOSSES FROM INVESTMENTS

 

22200346

   

PLI - CBL

-185,967,427.32

TOTAL PROVISION FOR LOSSES FROM INVESTMENTS

-185,967,427.32

TOTAL PROVISIONS

 

-185,967,427.32

         

TOTAL LONG-TERM LIABILITIES

-199,060,018.61

         

2423 EQUITY AND NON-CONTROLLING INTEREST

 

24 EQUITY

     

24010000 CAPITAL STOCK

 

24010100 PAID-IN SHARES

 

24010101

   

COMMON SHARES

-769,845,140.74

TOTAL PAID-IN SHARES

-769,845,140.74

TOTAL CAPITAL STOCK

-769,845,140.74

24050000 RESERVES

   

24050100 CAPITAL STOCK

 

24050108

   

SPECIAL GOODWILL RESERVE ON MERGER

-24,367,448.72

TOTAL CAPITAL RESERVES

-24,367,448.72

24050300 PROFIT

   

24050305

   

PROFIT RETENTION

-11,380.77

TOTAL PROFIT RESERVE

-11,380.77

TOTAL RESERVES

 

-24,378,829.49

240800 COMPREHENSIVE INCOME

 

24081600 GAINS AND LOSSES FROM AVAILABLE-FOR-SALE FINANCIAL ASSETS

 

24081602

   

GAINS AND LOSSES FROM AVAILABLE-FOR-SALE FINANCIAL ASSETS-USIMINAS

-21,620,214.00

24081690

   

DEFERRED SOCIAL CONTRIBUTION

1,945,819.26

24081695

   

DEFERRED INCOME TAX

5,405,053.50

TOTAL LOSSES FROM AVAILABLE-FOR-SALE FINANCIAL ASSETS

-14,269,341.24

TOTAL COMPREHENSIVE INCOME

-14,269,341.24

24100000 RETAINED EARNINGS OR ACCUMULATED LOSSES

 

24100100 FROM PRIOR YEARS

 

24100101

   

RETAINED EARNINGS/ ACCUMULATED LOSSES

535,114,598.43

TOTAL PRIOR-YEAR RETAINED EARNINGS/ ACCUMULATED LOSSES

535,114,598.43

24100300 CURRENT YEAR

 

24100301 LOSSES FOR THE YEAR

24,514,897.42

TOTAL RETAINED EARNINGS OR ACCUMULATED LOSSES

559,629,495.85

TOTAL EQUITY

 

-248,863,815.62

         

TOTAL EQUITY AND NON-CONTROLLING INTEREST

-248,863,815.62

         

TOTAL LIABILITIES

 

-756,980,576.62

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

     
         
       

Balance on 8/31/2013

30000000 PROFIT/LOSS FOR THE YEAR

 

3RAIRCS PROFIT/LOSS BEFORE INCOME TAX AND SOCIAL CONTRIBUTION

 

3RO OPERATING RESULT

 

3LB GROSS PROFIT

   

31000000 GROSS REVENUE FROM SALES

 

31010000 DOMESTIC SALES

 

31010100 PRODUCT SALES

 

31010101

   

STEEL PRODUCTS

-937,868,309.92

31010103

   

STEEL PRODUCTS - REVENUE RECOGNITION

18,989,581.17

TOTAL PRODUCT SALES

-918,878,728.75

31010200 SUB-PRODUCT SALES

 

31010201

   

SUB-PRODUCTS

-2,355.40

TOTAL SUB-PRODUCT SALES

-2,355.40

31010500 SERVICE SALES

   

31010501

   

SERVICE SALES

-5,270,043.16

TOTAL SERVICE SALES

-5,270,043.16

31010900 PRODUCTS FOR SALE

 

31010901

   

MAT. FOR RESALE

-11,510,420.88

TOTAL PRODUCTS FOR SALE

-11,510,420.88

TOTAL DOMESTIC SALES

-935,661,548.19

TOTAL GROSS REVENUE FROM SALES

-935,661,548.19

32000000 DEDUCTIONS FROM GROSS REVENUE

 

32010000 DEDUCTIONS FROM GROSS REVENUE - DOMESTIC MARKET

 

32010100 TAXES ON SALES

 

32010101

   

IPI

42,611,562.59

32010102

   

ICMS

134,452,906.86

32010106

   

ICMS - TAX OUTSOURCING

102,615.18

32010107

   

IPI - REVENUE RECOGNITION

-907,761.17

32010108

   

ICMS - REVENUE RECOGNITION

-2,414,294.20

TOTAL TAXES ON SALES

173,845,029.26

32010200 CONTRIBUTIONS ON SALES

 

32010201

   

PIS

15,075,666.66

32010202

   

COFINS

69,440,865.12

32010203

   

PIS - REVENUE RECOGNITION

-298,350.15

32010204

   

COFINS - REVENUE RECOGNITION

-1,374,218.32

TOTAL CONTRIBUTIONS ON SALES

82,843,963.31

32010300 CANCELLED SALES

 

32010301

   

CANCELLED SALES - DM

2,774,419.83

TOTAL CANCELLED SALES

2,774,419.83

32010400 REBATES

   

32010401

   

REBATES ON SALES - DM

491,803.92

TOTAL REBATES

 

491,803.92

TOTAL DEDUCTIONS FROM GROSS REVENUE - DOMESTIC MARKET

259,955,216.32

TOTAL DEDUCTIONS FROM GROSS REVENUE

259,955,216.32

3RL NET REVENUE

 

-675,706,331.87

41 COST OF GOODS SOLD AND SERVICES RENDERED

 

41000000 COST OF GOODS SOLD AND SERVICES RENDERED

 

41010000 DOMESTIC MARKET COST

 

41010100 COST OF STEEL PRODUCTS

 

41010101

   

STEEL PRODUCTS

625,122,150.54

TOTAL COST OF STEEL PRODUCTS

625,122,150.54

41010500 COST OF SERVICES RENDERED

 

41010501

   

SERVICES RENDERED

2,940,978.72

TOTAL COST OF SERVICES RENDERED

2,940,978.72

41010900 PRODUCTS FOR SALE

 

41010901

   

MAT. FOR RESALE

10,916,912.15

TOTAL PRODUCTS FOR SALE

10,916,912.15

TOTAL DOMESTIC MARKET COST

638,980,041.41

TOTAL OF GOODS SOLD AND SERVICES RENDERED

638,980,041.41

4100000B EXPENSES IN THE PERIOD

 

41999999 DISTRIBUTION AND PORT EXPENSES

 

42010104

   

MRS - RAILWAY TRANSPORT FOR THE COMPANY

441,687.24

TOTAL DISTRIBUTION AND PORT EXPENSES

441,687.24

410603 COST VARIATIONS

 

42060300 STOREROOM PRICE DIFFERENCES /PM

 

42060301

   

STOREROOM PRICE DIFFERENCES

29,933,923.60

42060302

   

STOREROOM MATERIAL LEDGER DIFFERENCES

-29,419,817.74

42060303

   

STOREROOM LOWER LEVEL PRICE DIFFERENCES

-29,087.68

42060304

   

STROREROOM STANDARD REVISION DIFFERENCE

2,260,486.78

42060305

   

INVENTORY TRANSFER DIFFERENCE

1,863,135.61

42060309

   

STOREROOM VARIATION - SCRAP

186,587.29

42060391

   

WIP PRICE DIFFERENCES - SERVICES

-193,094.04

42060392

   

WIP PRICE DIFFERENCES - MATERIALS

92,464.96

TOTAL STORERROM PRICE DIFFERENCES/PM

4,694,598.78

42060310 PROCESSING PRODUCT PRICE DIFFERENCES

 

41090319

   

PROCESSING COST VARIATIONS

-157,058.42

42060311

   

PROCESSING PRODUCT PRICE DIFFERENCES

-40,191,824.83

42060312

   

PROCESSING PROD. MAT. LEDGER DIF.

54,478,035.25

42060313

   

PROC. PROD. LOWER LEVEL PRICE DIF.

7,152.97

42060314

   

PROC. PROD. STANDARD REVISION DIF.

-1,058,492.77

42060315

   

INVENTORY TRANSFER DIFFERENCE

-4,054,640.93

42060319

   

PROCESSING PRODUCT VARIATION - SCRAP

11,745.50

42060333

   

LOWER LEVEL PRICE DIF. - THIRD PARTIES (PR 

-10,671,037.90

42060351

   

PRICE DIF. - STROREROOM (PRD

-37,424.32

42060354

   

MATERIAL LEDGER DIF. - STOREROOM (PR 

-16,863.49

TOTAL PROCESSING PROD.PRICE DIF.

-1,690,408.94

42060320 FINISHED PROD. PRICE DIFFERENCES

 

41090329

   

FINISHED PRODUCT COST VARIATIONS

1,289,401.04

42060321

   

FINISHED PRODUCT PRICE DIFFERENCES

-69,989,432.50

42060322

   

FINISHED PRODUCT MATERIAL LEDGER DIFFERENCES

29,071,528.79

42060323

   

FINISHED PRODUCT LOWER LEVEL PRICE DIFFERENCES

-41,236.67

42060324

   

FINISHED PRODUCT STANDARD REVISION DIF.

32,287,143.93

42060325

   

INVENTORY TRANSFER DIFFERENCES

7,801,537.76

42060329

   

FINISHED PRODUCT VARIATION - SCRAP

1,803,717.17

TOTAL FINISHED PRODUCT PRICE DIFFERENCES

2,222,659.52

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

     
         
       

Balance on 8/31/2013

42060340 SUB-PRODUCT PRICE DIFFERENCES

 

42060341

   

SUB-PRODUCT PRICE DIF. (PRD

-5.09

42060342

   

MATERIAL LEDGER DIF. - SUBPRODUCTS (PRY 

-161,608.52

42060343

   

LOWER LEVEL PRICE DIF. - SUBPRODUCTS P

0.04

TOTAL SUB-PRODUCT PRICE DIFFERENCES

-161,613.57

TOTAL COST VARIATIONS

5,065,235.79

41090000 INVENTORY ADJUSTMENTS

 

41010198

   

UNDER INCORPORATION

-9,710,117.84

41090101

   

INVENTORY ADJUSTMENT

501,557.73

TOTAL INVENTORY ADJUSTMENTS

-9,208,560.11

TOTAL EXPENSES IN THE PERIOD

-3,701,637.08

TOTAL COST OF GOODS SOLD AND SERVICES RENDERED

635,278,404.33

TOTAL GROSS PROFIT

-40,427,927.54

4DROP OPERATING EXPENSES/INCOME

 

42010000 SELLING EXPENSES

 

42010100 DISTRIBUTION C0ST

 

42010101

   

FREIGHT - HIGHWAY - DOMESTIC MARKET

26,833,924.26

TOTAL DISTRIBUTION COST

26,833,924.26

42010200 PROV. FOR DOUBTFUL ACCOUNTS

 

42010201

   

PROV. FOR DOUBTFUL ACCOUNTS - PDA

429,578.64

42010202

   

ABSORPTION OF AMOUNTS

575.92

42010203

   

UNRECEIVED CREDITS

1,951.56

TOTAL PROV. FOR DOUBTFUL ACCOUNTS

432,106.12

42010300 PRIMARY COSTS - SALES

 

42010302

   

PAYROLL AND LABOR CHARGES

7,247,237.14

42010303

   

DEPREC. AND AMORT.

656,780.95

42010306

   

PRIMARY COSTS - SALES

2,470,257.79

42010307

   

SOCIAL SECURITY - INSS

1,310,443.59

42010308

   

BENEFITS

589,285.06

42010309

   

GOVERNMENT SEVERANCE INDEMNITY FUND FOR EMPLOYEES - FGTS

442,156.79

42010311

   

EMPLOYEES' PROFIT SHARING

611,568.75

TOTAL PRIMARY COSTS - SALES

13,327,730.07

42010400 OTHER SELLING EXPENSES

 

42010402

   

ADVERTISING

58,129.65

TOTAL OTHER SELLING EXPENSES

58,129.65

TOTAL SELLING EXPENSES

40,651,890.10

42020000 GENERAL AND ADMINISTRATIVE EXPENSES

 

42020100 ADMINISTRATIVE EXPENSES

 

42020101

   

G.A. EXPENSES - PRIMARY COSTS

104,911.54

42020102

   

MANAGEMENT FEES

385,680.30

42020103

   

PAYROLL AND LABOR CHARGES

5,501,261.37

42020104

   

DEPREC. AND AMORT.

695,581.19

42020105

   

SERVICES

4,403,177.48

42020106

   

DOMESTIC TRAVEL EXPENSES

106,812.55

42020108

   

PRIMARY COSTS - OTHER COMPANIES

4,661,649.07

42020109

   

SOCIAL SECURITY - INSS

1,008,783.46

42020110

   

BENEFITS

518,846.74

42020111

   

GOVERNMENT SEVERANCE INDEMNITY FUND FOR EMPLOYEES -FGTS

393,466.38

TOTAL ADMINISTRATIVE EXPENSES

17,780,170.08

42020200 OTHER ADMINISTRATIVE EXPENSES

 

46010101

   

EMPLOYEES' PROFIT SHARING

906,150.35

TOTAL OTHER ADMINISTRATIVE EXPENSES

906,150.35

TOTAL GENERAL AND ADMINISTRATIVE EXPENSES

18,686,320.43

4ODROP OTHER OPERATING EXPENSES/INCOME

 

42060000 OTHER OPERATING EXPENSES

 

42060100 OTHER EXPENSES

 

42060102

   

CONTRACTUAL FINES

-13,285.73

42060113

   

INDEMNITIES

373.2

42060114

   

TAXES AND CONTRIBUTIONS

272,786.37

42060117

   

EQUIPMENT STOPPAGES

2,207,694.20

42060118

   

PROV. FOR INVENTORY LOSSES

-1,293,705.52

42060190

   

NON-RECURRING EXPENSES

1,595,282.62

42060199

   

OTHER EXPENSES

3,072,429.86

TOTAL OTHER EXPENSES

5,841,575.00

42060200 EXPENSES WITH PROVISIONS

 

42060202

   

PROV. FOR CIVIL CONTINGENCIES

4,994,053.63

42060204

   

PROV. FOR LABOR CONTINGENCIES

8,963,544.35

42060207

   

REVERSAL OF PROV. FOR TAX CONTINGENCIES

-768,940.45

42060208

   

REVERSAL OF PROV. FOR CIVIL CONTINGENCIES

-7,136,810.48

42060210

   

REVERSAL OF PROV. FOR LABOR CONTINGENCIES

-8,107,706.23

42060213

   

LABOR CONTINGENCIES PAID

2,564,510.67

42060214

   

CIVIL CONTINGENCIES PAID

2,150,073.61

42060215

   

TAX CONTINGENCIES PAID

817.8

42060232

   

JUDICIAL DEPOSITS

6,149.27

TOTAL EXPENSES WITH PROVISIONS

2,665,692.17

TOTAL OTHER OPERATING EXPENSES

8,507,267.17

33030000 OTHER OPERATING INCOME

 

33030102

   

CONTRACTUAL FINES

-101,796.07

33030104

   

INDEMNIFICATION FOR DAMAGES CAUSED IN MATERIALS

-237,974.07

33030105

   

LAWSUITS - ASSESSMENT

-14,470.00

33030190

   

NON-RECURRING REVENUE

-127,046.69

TOTAL OTHER OPERATING INCOME

-481,286.83

4DRNOP NON-OPERATING EXPENSES/INCOME, NET

 

44010000 NON-OPERATING EXPENSES

 

44010100 EQUITY LOSSES

 

44010105

   

NET VALUE OF WRITTEN-OFF ASSETS

158,913.85

44010108

   

PROV. FOR PROBABLE LOSS IN THE REALIZATION OF PROPERTY, PLANT AND EQUIPMENT

2,746,661.03

TOTAL EQUITY LOSSES

2,905,574.88

TOTAL NON-OPERATING EXPENSES

2,905,574.88

35010000 NON-OPERATING INCOME

 

35010100 EQUITY GAINS

   

35010101

   

REVENUE FROM ASSET TRANSACTIONS

-7,272.54

TOTAL EQUITY GAINS

-7,272.54

TOTAL NON-OPERATING INCOME

-7,272.54

TOTAL NON-OPERATING EXPENSES/INCOME, NET

2,898,302.34

TOTAL OTHER OPERATING EXPENSES/INCOME

10,924,282.68

 


 
 

COMPANHIA METALÚRGICA PRADA

 

(Amounts in R$)

     
         
       

Balance on 8/31/2013

4RFL NET FINANCIAL RESULT

 

42030000 FINANCIAL EXPENSES

 

42031200 OTHER FINANCIAL CHARGES

 

42031201

   

INTEREST ON ARREARS

37,518.25

42031203

   

COMPENSATORY FINES AND INTEREST

200,647.20

42031206

   

EXPENSES WITH FINANCIAL TRANSACTIONS

2,921.79

42031208

   

PROV. FOR LOSSES - ELETROBRAS

28,996.85

42031212

   

DISCOUNTS GRANTED

27.08

42031214

   

BANK EXPENSES

103,231.78

42031216

   

IOF TAX ON FINANCIAL TRANSACTIONS

3,809.55

42031220

   

OTHER FINANCIAL EXPENSES

64,131.62

42031230

   

BANK GUARANTEE COMMISSIONS

107,297.92

42031233

   

NON-DEDUCTIBLE FINES

1,339.95

42031253

   

PROV. FOR LETTER OF GUARANTEE COMMISSIONS

45,303.57

TOTAL OTHER FINANCIAL CHARGES

595,225.56

TOTAL FINANCIAL EXPENSES

595,225.56

42040000 MONETARY/EXCHANGE LOSSES

 

420400 MONETARY LOSSES

 

42040300 MONET. VAR.-OTHER LIABILITIES

 

42040301

   

MONET. VAR. - TAXES

73,744.23

42040303

   

MONET. VAR. - NATIONAL SUPPLIERS

407.91

42040305

   

MONET. VAR. - ENTITIES

0.01

42040306

   

MONET. VAR. - FINANCIAL INSTITUTIONS

-15.06

42040312

   

MONET. RESTATEMENT - CONTINGENCIES

410,523.10

TOTAL MONET. VAR.- OTHER LIABILITIES

484,660.19

TOTAL MONETARY LOSSES

484,660.19

42050000 EXCHANGE LOSSES

 

42050500 EXCHANGE VARIATION - OTHER LIABILITIES

 

42050503

   

EXCHANGE VAR. - FOREIGN SUPPLIERS

1,588.06

TOTAL EXCHANGE VAR. - OTHER LIABILITIES

1,588.06

TOTAL EXCHANGE LOSSES

1,588.06

TOTAL MONETARY/EXCHANGE LOSSES

486,248.25

33010000 FINANCIAL INCOME

 

33010100 FINANCIAL INVESTMENTS

 

33010102

   

THIRD-PARTY FINANCIAL INVESTMENTS

-205,249.43

TOTAL FINANCIAL INVESTMENTS

-205,249.43

33010200 OTHER

   

33010211

   

INTEREST ON BANK BALANCES

-3,423.14

33010215

   

DISCOUNTS OBTAINED

-25,012.23

33010216

   

INTEREST OBTAINED - CLIENTS

-145,921.71

33010217

   

INTEREST AND FINES RECEIVABLE

-58,848.07

33010219

   

RESTATEMENT OF JUDICIAL DEPOSITS

845.21

33010252

   

DIVIDENDS RECEIVED

-1,455.49

33010253

   

INTERCOMPANY CHARGES

-2,822,040.98

33010254

   

INTEREST ON EQUITY - RECEIVED

-3,914.65

TOTAL OTHER

 

-3,059,771.06

TOTAL FINANCIAL INCOME

-3,265,020.49

33020000 MONETARY/EXCHANGE GAINS

 

33020100 MONETARY GAINS

 

33020103

   

JUDICIAL DEPOSITS

-10,663.09

33020105

   

JUD. DEP. RESTATEMENT - ONGOING LAWSUITS

14,140.25

TOTAL MONETARY GAINS

3,477.16

TOTAL MONETARY/EXCHANGE GAINS

3,477.16

TOTAL NET FINANCIAL RESULT

-2,180,069.52

4PCC INTEREST IN SUBSIDIARIES AND ASSOCIATED COMPANIES

 

33040100 GAINS AND LOSSES ON EQUITY METHOD

 

33040187

 

 

CIA. BRASILEIRA DE LATAS - CBL

-3,139,598.73

TOTAL GAINS AND LOSSES ON EQUITY METHOD

-3,139,598.73

TOTAL INTEREST IN SUBSIDIARIES AND ASSOCIATED COMPANIES

-3,139,598.73

TOTAL OPERATING EXPENSES/INCOME

64,942,824.96

TOTAL OPERATING PROFIT

24,514,897.42

         

PROFIT/LOSS BEFORE INCOME TAX/SOCIAL CONTRIBUTION

24,514,897.42

         

37010101 PROFIT/LOSS FOR THE YEAR

-24,514,897.42

 

 

SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 25, 2013
 
COMPANHIA SIDERÚRGICA NACIONAL
By:
/S/ Benjamin Steinbruch

 
Benjamin Steinbruch
Chief Executive Officer

 

 
By:
/S/ David Moise Salama

 
David Moise Salama
Investor Relations Executive Officer

 
 

 

 
FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.