CSN Files Q2 2024 Financials in 6-K
Ticker: SID · Form: 6-K · Filed: Aug 27, 2024 · CIK: 1049659
| Field | Detail |
|---|---|
| Company | National Steel Co (SID) |
| Form Type | 6-K |
| Filed Date | Aug 27, 2024 |
| Risk Level | low |
| Pages | 11 |
| Reading Time | 14 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, quarterly-results, foreign-private-issuer
TL;DR
CSN dropped its Q2 2024 financials, check the 6-K for the latest numbers.
AI Summary
Companhia Siderúrgica Nacional (CSN) filed a Form 6-K on August 27, 2024, reporting its quarterly financial information for the period ending June 30, 2024. The filing is a convenience translation into English from Portuguese and indicates CSN files annual reports under Form 20-F.
Why It Matters
This filing provides investors with updated financial performance data for CSN, crucial for assessing the company's operational health and investment potential.
Risk Assessment
Risk Level: low — This is a routine financial filing and does not contain new material events or significant changes.
Key Players & Entities
- Companhia Siderúrgica Nacional (company) — Registrant
- National Steel Company (company) — English translation of Registrant's name
- June 30, 2024 (date) — Reporting period end date
- August 27, 2024 (date) — Filing date
FAQ
What is the purpose of this Form 6-K filing?
The purpose of this Form 6-K is to report the quarterly financial information for Companhia Siderúrgica Nacional (CSN) for the period ending June 30, 2024.
What is the filing date of this report?
This report was filed on August 27, 2024.
Is this filing a translation from another language?
Yes, this is a convenience translation into English from the original report previously issued in Portuguese.
Under which form does CSN file its annual reports?
CSN files its annual reports under Form 20-F.
What is the principal executive office address provided in the filing?
The principal executive office address is Av. Brigadeiro Faria Lima 3400, 20º andar, São Paulo, SP, Brazil, 04538-132.
Filing Stats: 3,412 words · 14 min read · ~11 pages · Grade level 6.5 · Accepted 2024-08-26 17:43:16
Filing Documents
- siditr2q24_6k.htm (6-K) — 1752KB
- siditr2q246k_001.jpg (GRAPHIC) — 3KB
- siditr2q246k_002.jpg (GRAPHIC) — 48KB
- siditr2q246k_003.jpg (GRAPHIC) — 40KB
- 0001292814-24-003229.txt ( ) — 1879KB
From the 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 August, 2024 Commission File Number 1-14732 COMPANHIA SIDERRGICA 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, 20 andar So 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____ Quarterly Financial Information – June 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Table of Contents Company Information Capital Breakdown 1 Parent Company Financial Interim Accounting Information 2 3 Interim Income Statement 4 Interim Statement of Comprehensive Income 5 Interim Statement of Cash Flows 6 Interim Statement of Changes in Shareholders’ Equity 7 Interim Statement of Added Value 9 Consolidated Interim Financial Statements 10 11 Interim Income Statement 12 Interim Statement of Comprehensive Income 13 Interim Statement of Cash Flows 14 Interim Statement of Changes in Shareholders’ Equity 15 Interim Statement of Added Value 17 Notes to the Financial Statements 18 Reports and Statements Independent Auditors’ Report 65 67 68 Quarterly Financial Information – June 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Company Information / Capital Breakdown Number of Shares (Units) Current Period 6/30/2024 Paid-in Capital Common 1,326,093,947 Preferred 0 Total 1,326,093,947 Treasury Shares Acquired Common 0 Preferred 0 Total 0 Quarterly Financial Information – June 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Parent Company Interim Financial Statement - Statement of Financial Position – Assets (R$ thousand) Account Code Description 06/30/2024 12/31/2023 1 Total Assets 63,730,008 60,462,818 1.01 Current Assets 13,329,960 13,769,870 1.01.01 Cash and Cash Equivalents 1,654,353 2,270,070 1.01.02 Financial Investments 1,283,300 1,524,709 1.01.02.01 Financial Investments Measured a Fair Value Through Profit or Loss 1,249,710 1,493,204 1.01.02.01.03 Financial Investments Measured a Fair Value Through Profit or Loss – Usiminas’ Shares 1,249,710 1,493,204 1.01.02.03 Financial Investments at Amortized Cost 33,590 31,505 1.01.03 Trade Receivables 1,626,444 1,870,367 1.01.04 Inventory 6,790,318 6,168,584 1.01.06 Recoverable Taxes 994,748 855,663 1.01.08 Other Current Assets 980,797 1,080,477 1.01.08.03 Others 980,797 1,080,477 1.01.08.03.03 Derivative Financial Instruments 75,422 12,122 1.01.08.03.04 Prepaid Expenses 239,918 248,688 1.01.08.03.06 Dividends Receivable 268,359 562,938 1.01.08.03.07 Others 397,098 256,729 1.02 Non-Current Assets 50,400,048 46,692,948 1.02.01 Long-Term Assets 12,369,820 10,545,374 1.02.01.03 Financial Investments at Amortized Cost 127,855 111,350 1.02.01.07 Deferred Taxes 4,686,382 3,213,410 1.02.01.10 Other Non-Current Assets 7,555,583 7,220,614 1.02.01.10.03 Recoverable Taxes 1,844,809 1,820,866 1.02.01.10.04 Judicial Deposits 199,454 210,833 1.02.01.10.05 Prepaid Expenses 49,985 64,659 1.02.01.10.06 Receivable from Related Parties 4,100,889 3,889,117 1.02.01.10.07 Others 1,360,446 1,235,139 1.02.02 Investments 29,225,094 27,800,877 1.02.02.01 Equity Interest 29,088,436 27,663,116 1.02.02.02 Investment Property 136,658 137,761 1.02.03 Property, Plant and Equipment 8,752,464 8,288,815 1.02.03.01 Property, Plant and Equipment in Operation 7,565,729 7,468,574 1.02.03.02 Right of Use in Leases 5,668 6,067 1.02.03.03 Property, Plant and Equipment in Progress 1,181,067 814,174 1.02.04 Intangible Assets 52,670 57,882 Quarterly Financial Information – June 30, 2024 – Companhia Siderúrgica Nacional (CONVENIENCE TRANSLATION INTO ENGLISH FROM THE ORIGINAL PREVIOUSLY ISSUED IN PORTUGUESE) Parent Company Interim Financial Statement - Statement of Financial Position – Liabilities (R$ thousand) Account Code Description 06/30/2024 12