Name of the subsidiary |
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Domicile |
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12/31/2015 |
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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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voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
49.8875% |
|
50.1125% |
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
Qinhuangdao, China |
|
50.0000% |
|
50.0000% |
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|
|
|
|
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|
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In the reporting period, the total of all non-controlling interests amounts to EUR 201.6 million, of which EUR 112.0 million is attributable to voestalpine Tubulars GmbH & Co KG and EUR 28.5 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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|
12/31/2015 |
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|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
|
|
|
|
Non-current assets |
|
86.9 |
|
20.5 |
Current assets |
|
133.8 |
|
101.6 |
Non-current provisions and liabilities |
|
33.9 |
|
0.0 |
Current provisions and liabilities |
|
66.8 |
|
67.5 |
Net assets (100%) |
|
120.0 |
|
54.6 |
|
|
|
|
|
|
|
|
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In millions of euros |
Summarized income statement |
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|||
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|
04/01–12/31/2015 |
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|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
|
|
|
|
Revenue |
|
274.0 |
|
64.1 |
EBIT |
|
23.1 |
|
16.4 |
Profit for the period |
|
26.5 |
|
12.6 |
|
|
|
|
|
Attributable to: |
|
|
|
|
Equity holders of the parent |
|
13.2 |
|
6.3 |
Non-controlling interests |
|
13.3 |
|
6.3 |
|
|
|
|
|
Dividends paid to non-controlling interests |
|
31.0 |
|
4.7 |
|
|
|
|
|
|
|
|
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In millions of euros |
Summarized statement of cash flows |
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|||
|
|
04/01–12/31/2015 |
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|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
|
|
|
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Cash flows from operating activities |
|
3.4 |
|
15.0 |
Cash flows from investing activities |
|
30.2 |
|
–1.0 |
thereof additions/divestments of other financial assets |
|
56.2 |
|
0.0 |
Cash flows from financing activities |
|
–33.7 |
|
–2.4 |
Net decrease/increase in cash and cash equivalents |
|
–0.1 |
|
11.6 |
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|
|
|
|
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In millions of euros |
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