Vale company for the first time in ten years received a quarterly loss

According to the company itself, in 2012 the net profit of the largest mining company in the world of Vale decreased by 76% compared to 2011 - to 5 billion 511 million dollars. At the same time, in the last quarter of last year, the company received a net loss of $ 672 million. In addition, in 2012, sales fell by 23% - up to 46 billion 454 million dollars, and profit before taxation and payment of mandatory payments amounted to $ 19 billion, which is 43.3% less than 2011. Vale incurred the main losses due to the write-offs of the value of assets totaling 5 billion 664 million dollars. 5,511

$ million	4 sq. 11	3 sq. 12	4 sq. 12	2011	2012
Groll Operational income	14.755	10.963					12,002	60,389	46,454
EBIT маржа (%)	41,7	29,7	25,1	48.5	31.5
eBitda	7,396		4,280	4,394	33,759	19,135
4,672222	1,669	(2.647)	22,885