ArcelorMittal Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed by ArcelorMittal, a foreign private issuer, on February 23, 2012. The filing serves to incorporate specific financial computations and legal consents by reference into the company's Registration Statement on Form F-3 (No. 333-157658).
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the computation of the ratio of earnings to fixed charges for the five-year period ended December 31, 2011, 2010, 2009, 2008, and 2007, which is detailed in Exhibit 12.1.
Material Changes
No material changes in financial performance or operational status are described in the body of this filing. The document is procedural, intended to update the registration statement with historical debt coverage ratios and standard underwriting provisions.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. It includes the "ArcelorMittal Debt Securities Underwriting Agreement Standard Provisions" (Exhibit 99.1) and the consent of the legal firm Elvinger, Hoss & Prussen (Exhibit 23.1).
Investor Verification Checklist
- Review Exhibit 12.1 for the specific computation of the ratio of earnings to fixed charges for the years 2007 through 2011.
- Verify the details of the Registration Statement on Form F-3 (No. 333-157658) to understand the context of the debt securities being registered.
- Examine Exhibit 99.1 for the standard provisions governing the debt securities underwriting agreement.
- Note that this filing does not contain current period financial results; refer to the company's Form 20-F for comprehensive financial statements.