Name of the subsidiary |
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Domicile |
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03/31/2016 |
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|
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Proportion of ownership |
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Proportion of ownership interests held by non-controlling interests |
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|
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|
|
|
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voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
49.8875% |
|
50.1125% |
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
Qinhuangdao, China |
|
50.0000% |
|
50.0000% |
In the reporting period, the total of all non-controlling interests amounts to EUR 180.2 million, of which EUR 95.4 million is attributable to voestalpine Tubulars GmbH & Co KG and EUR 26.2 million is attributable to CNTT Chinese New Turnout Technologies Co., Ltd. The remaining non-controlling interests, seen individually, can be considered immaterial for the Group.
Summarized financial information for each subsidiary with non-controlling interests that are material for the Group is depicted in the following chart. The figures correspond to amounts prior to the elimination of Group-internal transactions.
Summarized statement of financial position |
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|
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voestalpine Tubulars GmbH & Co KG |
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CNTT Chinese New Turnout Technologies Co., Ltd. |
|
|
03/31/2016 |
|
03/31/2016 |
|
|
|
|
|
Non-current assets |
|
91.5 |
|
20.1 |
Current assets |
|
120.5 |
|
94.5 |
Non-current provisions and liabilities |
|
30.9 |
|
0.9 |
Current provisions and liabilities |
|
58.7 |
|
63.5 |
Net assets (100%) |
|
122.4 |
|
50.2 |
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|
|
|
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In millions of euros |
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Summarized income statement |
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|
voestalpine Tubulars GmbH & Co KG |
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CNTT Chinese New Turnout Technologies Co., Ltd. |
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|
2015/16 |
|
2015/16 |
|
|
|
|
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Revenue |
|
354.8 |
|
69.8 |
EBIT |
|
20.1 |
|
20.3 |
Profit after tax |
|
24.1 |
|
15.5 |
|
|
|
|
|
Attributable to: |
|
|
|
|
Owners of the parent |
|
12.0 |
|
7.8 |
Non-controlling interests |
|
12.1 |
|
7.8 |
|
|
|
|
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Dividends paid to non-controlling interests |
|
31.0 |
|
7.4 |
|
|
|
|
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In millions of euros |
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Summarized statement of cash flows |
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|
|
voestalpine Tubulars GmbH & Co KG |
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CNTT Chinese New Turnout Technologies Co., Ltd. |
|
|
2015/16 |
|
2015/16 |
|
|
|
|
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Cash flows from operating activities |
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22.2 |
|
8.0 |
Cash flows from investing activities |
|
22.3 |
|
–2.2 |
thereof additions/divestments of other financial assets |
|
56.2 |
|
0.0 |
Cash flows from financing activities |
|
–44.5 |
|
–9.6 |
Net decrease/increase in cash and cash equivalents |
|
0.0 |
|
–3.8 |
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|
|
|
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In millions of euros |
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