Name of the subsidiary |
|
Domicile |
|
09/30/2016 |
|
09/30/2017 |
|
|
|
|
|
|
|
voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
|
|
|
Proportion of ownership |
|
|
|
498875% |
|
498875% |
Proportion of ownership interests held by non-controlling interests |
|
|
|
501125% |
|
501125% |
|
|
|
|
|
|
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
Qinhuangdao, China |
|
|
|
|
Proportion of ownership |
|
|
|
500000% |
|
500000% |
Proportion of ownership interests held by non-controlling interests |
|
|
|
500000% |
|
500000% |
In the reporting period, the total of all non-controlling interests amounts to EUR 160.0 million (September 30, 2016: EUR 159.6 million), of which EUR 80.5 million (September 30, 2016: EUR 82.1 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 30.2 million (September 30, 2016: EUR 25.0 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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voestalpine Tubulars GmbH & Co KG |
|
CNTT |
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|
|
09/30/2016 |
|
09/30/2017 |
|
09/30/2016 |
|
09/30/2017 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
104.9 |
|
119.9 |
|
19.5 |
|
16.3 |
Current assets |
|
90.9 |
|
140.5 |
|
103.2 |
|
90.4 |
Non-current provisions and liabilities |
|
30.7 |
|
29.2 |
|
0.9 |
|
2.9 |
Current provisions and liabilities |
|
65.2 |
|
123.1 |
|
73.3 |
|
44.3 |
Net assets (100%) |
|
99.9 |
|
108.1 |
|
48.5 |
|
59.5 |
|
|
|
|
|
|
|
|
|
In millions of euros |
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Summarized income statement |
|
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|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT |
||||
|
|
04/01– |
|
04/01– |
|
04/01– |
|
04/01– |
|
|
|
|
|
|
|
|
|
Revenue |
|
102.4 |
|
221.4 |
|
43.4 |
|
43.4 |
EBIT |
|
–10.8 |
|
5.7 |
|
10.6 |
|
16.2 |
Profit after tax |
|
–11.2 |
|
3.9 |
|
7.9 |
|
12.0 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
–5.6 |
|
1.9 |
|
4.0 |
|
6.0 |
Non-controlling interests |
|
–5.6 |
|
1.9 |
|
4.0 |
|
6.0 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
5.2 |
|
0.0 |
|
4.5 |
|
6.5 |
|
|
|
|
|
|
|
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In millions of euros |
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Summarized statement of cash flows |
|
|||||||
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT |
||||
|
|
04/01– |
|
04/01– |
|
04/01– |
|
04/01– |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
12.3 |
|
–8.4 |
|
11.9 |
|
5.9 |
Cash flows from investing activities |
|
–18.7 |
|
–8.5 |
|
–0.4 |
|
–0.3 |
thereof additions/divestments of other financial assets |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
6.4 |
|
16.6 |
|
–5.4 |
|
–8.1 |
Net decrease/increase in cash and cash equivalents |
|
0.0 |
|
–0.3 |
|
6.1 |
|
–2.5 |
|
|
|
|
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In millions of euros |
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