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Notes on the consolidated statement of financial position

During the current business year, the adjustment of the mortality tables in both Austria and Germany as well as the negative performance of the pension fund led to an increase overall in the provisions for pension and severance obligations and consequently to an actuarial loss recognized in the other comprehensive income. This also gave rise to an expensed increase in provisions for long-service bonus obligations and, in sum, a total loss 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.


50 Countries on all 5 continents
500 Group companies and locations
51,600 Employees worldwide

Earnings FY 2017/18

€ 13 Billion


€ 2 Billion


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