share_log

Vale SA | 6-K: Interim Financial Statements

SEC announcement ·  Apr 25 15:47
Summary by Moomoo AI
Vale S.A., a leading global mining company, has released its interim financial statements for the three-month period ending March 31, 2024. The report includes comprehensive income statements, cash flow statements, and detailed financial position statements, along with notes that provide insights into significant events, transactions, and the basis of financial statement preparation. The company's management is responsible for the fair presentation of these financial statements, which have been prepared in accordance with Brazilian and International accounting standards. The review conducted by PricewaterhouseCoopers did not reveal any material misstatements, indicating that the financial statements present a fair view of Vale's financial position and performance for the period. Key highlights include the company's net operating revenue, costs and expenses...Show More
Vale S.A., a leading global mining company, has released its interim financial statements for the three-month period ending March 31, 2024. The report includes comprehensive income statements, cash flow statements, and detailed financial position statements, along with notes that provide insights into significant events, transactions, and the basis of financial statement preparation. The company's management is responsible for the fair presentation of these financial statements, which have been prepared in accordance with Brazilian and International accounting standards. The review conducted by PricewaterhouseCoopers did not reveal any material misstatements, indicating that the financial statements present a fair view of Vale's financial position and performance for the period. Key highlights include the company's net operating revenue, costs and expenses, and net income, with basic and diluted earnings per share detailed. The report also covers comprehensive income, financial position, changes in equity, and value-added statements. Vale S.A. has undergone significant events such as the acquisition of Aliança Geração de Energia S.A., the divestment of PT Vale Indonesia Tbk, and the acquisition of an equity interest in Anglo American Minério de Ferro Brasil S.A. The company has also addressed the Brumadinho dam failure, including legal proceedings, employee benefits, and equity transactions such as share buyback programs and shareholder remuneration.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more