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Notes on the consolidated statement of financial position

A positive performance of the pension fund of 4.75% during the current business year and an increase of the discount interest rate from 1.6% to 1.7% resulted in a decrease overall of the provisions for pension and severance obligations and consequently in an actuarial gain recognized in the other comprehensive income. This also resulted in a decrease of the provisions for long-service bonus obligations and a gain recognized in the income statement.


About voestalpine

In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner to the automotive and consumer goods industries in Europe and to the aerospace, oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections.

Facts

50 Countries on all 5 continents
500 Group companies and locations
50,000 Employees worldwide

Earnings FY 2016/17

€ 11.3 Billion

Revenue

€ 1.54 Billion

EBITDA

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