Name of the subsidiary |
|
Domicile |
|
09/30/2018 |
|
09/30/2019 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
|
|
|
Proportion of ownership |
|
|
|
49.8875% |
|
49.8875% |
Proportion of ownership interests held |
|
|
|
50.1125% |
|
50.1125% |
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
Qinhuangdao, China |
|
|
|
|
Proportion of ownership |
|
|
|
50.0000% |
|
50.0000% |
Proportion of ownership interests held |
|
|
|
50.0000% |
|
50.0000% |
In the reporting period, the total of all non-controlling interests is EUR 157.6 million (September 30, 2018: EUR 155.4 million), of which EUR 81.3 million (September 30, 2018: EUR 84.7 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 30.6 million (September 30, 2018: EUR 30.5 million) is attributable to CNTT Chinese New Turnout Technologies Co., Ltd. The remaining non-controlling interests, considered individually, can be deemed 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 intragroup transactions.
Summarized statement of financial position |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
09/30/2018 |
|
09/30/2019 |
|
09/30/2018 |
|
09/30/2019 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
123.1 |
|
124.1 |
|
14.0 |
|
14.3 |
Current assets |
|
145.6 |
|
147.9 |
|
96.5 |
|
90.8 |
Non-current provisions and liabilities |
|
30.3 |
|
32.1 |
|
2.8 |
|
4.3 |
Current provisions and liabilities |
|
114.4 |
|
118.6 |
|
47.4 |
|
39.9 |
Net assets (100%) |
|
124.0 |
|
121.3 |
|
60.3 |
|
60.9 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
Summarized income statement |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
04/01 – 09/30/2018 |
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2018 |
|
04/01 – 09/30/2019 |
|
|
|
|
|
|
|
|
|
Revenue |
|
266.3 |
|
212.5 |
|
27.5 |
|
23.3 |
EBIT |
|
5.5 |
|
(0.3) |
|
11.4 |
|
6.9 |
Profit after tax |
|
4.7 |
|
(1.6) |
|
8.6 |
|
6.0 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
2.3 |
|
(0.8) |
|
4.3 |
|
3.0 |
Non-controlling interests |
|
2.4 |
|
(0.8) |
|
4.3 |
|
3.0 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
0.0 |
|
1.7 |
|
8.4 |
|
3.9 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
Summarized statement of cash flows |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
04/01 – 09/30/2018 |
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2018 |
|
04/01 – 09/30/2019 |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
19.3 |
|
15.0 |
|
20.3 |
|
18.9 |
Cash flows from investing activities |
|
(9.0) |
|
(8.8) |
|
(0.9) |
|
(0.6) |
Thereof additions to/divestments |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
(10.2) |
|
(6.3) |
|
(14.3) |
|
(16.4) |
Net decrease/increase in cash |
|
0.1 |
|
(0.1) |
|
5.1 |
|
1.9 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||