Name of the subsidiary |
|
Domicile |
|
09/30/2019 |
|
09/30/2020 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
|
|
|
Proportion of ownership |
|
|
|
49.8875% |
|
49.8875% |
Proportion of ownership interests held by non-controlling interests |
|
|
|
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 by non-controlling interests |
|
|
|
50.0000% |
|
50.0000% |
In the reporting period, the total of all non-controlling interests is EUR 130.3 million (September 30, 2019: EUR 157.6 million), of which EUR 48.6 million (September 30, 2019: EUR 81.3 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 32.0 million (September 30, 2019: EUR 30.6 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 intra-Group transactions.
Summarized statement of financial position |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
09/30/2019 |
|
09/30/2020 |
|
09/30/2019 |
|
09/30/2020 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
124.1 |
|
114.4 |
|
14.3 |
|
13.7 |
Current assets |
|
147.9 |
|
88.9 |
|
90.8 |
|
97.9 |
Non-current provisions and liabilities |
|
32.1 |
|
28.4 |
|
4.3 |
|
1.8 |
Current provisions and liabilities |
|
118.6 |
|
94.1 |
|
39.9 |
|
45.7 |
Net assets (100%) |
|
121.3 |
|
80.8 |
|
60.9 |
|
64.1 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
Summarized income statement |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2020 |
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2020 |
|
|
|
|
|
|
|
|
|
Revenue |
|
212.5 |
|
101.9 |
|
23.3 |
|
52.6 |
EBIT |
|
–0.3 |
|
–28.2 |
|
6.9 |
|
13.8 |
Profit after tax |
|
–1.6 |
|
–28.2 |
|
6.0 |
|
12.0 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
–0.8 |
|
–14.1 |
|
3.0 |
|
6.0 |
Non-controlling interests |
|
–0.8 |
|
–14.1 |
|
3.0 |
|
6.0 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
1.7 |
|
0.0 |
|
3.9 |
|
3.1 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
Summarized statement of cash flows |
||||||||
|---|---|---|---|---|---|---|---|---|
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout |
||||
|
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2020 |
|
04/01 – 09/30/2019 |
|
04/01 – 09/30/2020 |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
15.0 |
|
22.1 |
|
18.9 |
|
16.7 |
Cash flows from investing activities |
|
–8.8 |
|
–3.7 |
|
–0.6 |
|
0.1 |
Thereof additions to/divestments of other financial assets |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
–6.3 |
|
–18.3 |
|
–16.4 |
|
–16.0 |
Net decrease/increase in cash and cash equivalents |
|
–0.1 |
|
0.1 |
|
1.9 |
|
0.8 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||