These interim consolidated financial statements of voestalpine AG as of September 30, 2012 for the first half of the business year 2012/13 were prepared in accordance with IAS 34 – Interim Financial Reporting. The accounting policies are unchanged from the annual consolidated financial statements for the business year 2011/12 with the following exception: the revised version of the IFRS 7 (2010) “Financial Instruments: Disclosures – Transfers of Financial Assets” is being applied for the first time. The amendments do not have a significant impact on the interim consolidated financial statements. Further information on the principles of preparation is provided in the consolidated financial statements as of March 31, 2012, on which these interim consolidated financial statements are based.
As of April 1, 2012, the Automotive Division and Profilform Division were merged to create the Metal Forming Division. The preceding year’s comparative figures were adjusted accordingly.
The interim consolidated financial statements are presented in millions of euros (the functional currency of the parent company). The use of automated calculation systems may result in rounding differences.
Unless otherwise stated, comparative information relates to the first half of the business year 2011/12 (reporting date: September 30, 2011).
The interim consolidated financial statements have not been audited or reviewed by auditors.