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