Name of the subsidiary |
|
Domicile |
|
03/31/2021 |
|
03/31/2022 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
|
|
|
Proportion of equity interests |
|
|
|
49.8875% |
|
49.8875% |
Proportion of equity interests held by non-controlling interests |
|
|
|
50.1125% |
|
50.1125% |
CNTT Chinese New Turnout Technologies Co., Ltd. |
|
Qinhuangdao, China |
|
|
|
|
Proportion of equity interests |
|
|
|
50.0000% |
|
50.0000% |
Proportion of equity interests held by non-controlling interests |
|
|
|
50.0000% |
|
50.0000% |
In the reporting period, the total of all non-controlling interests is EUR 154.6 million (March 31, 2021: EUR 125.3 million), of which EUR 44.7 million (March 31, 2021: EUR 37.2 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 39.9 million (March 31, 2021: EUR 27.6 million) is attributable to CNTT Chinese New Turnout Technologies Co., Ltd. The remaining non-controlling interests, considered individually, may be considered immaterial to the Group.
Summarized financial information for each subsidiary with non-controlling interests that are material to the Group is shown below. The figures correspond to the amounts prior to the elimination of intra-Group transactions.
|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout |
||||
|---|---|---|---|---|---|---|---|---|
|
|
03/31/2021 |
|
03/31/2022 |
|
03/31/2021 |
|
03/31/2022 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
111.3 |
|
103.5 |
|
16.1 |
|
16.2 |
Current assets |
|
102.6 |
|
179.6 |
|
100.4 |
|
104.1 |
Non-current liabilities |
|
24.6 |
|
24.6 |
|
1.8 |
|
2.0 |
Current liabilities |
|
130.1 |
|
183.3 |
|
59.5 |
|
38.6 |
Net assets (100%) |
|
59.2 |
|
75.2 |
|
55.2 |
|
79.7 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout |
||||
|---|---|---|---|---|---|---|---|---|
|
|
2020/21 |
|
2021/22 |
|
2020/21 |
|
2021/22 |
|
|
|
|
|
|
|
|
|
Revenue |
|
213.9 |
|
466.5 |
|
91.0 |
|
73.6 |
EBIT |
|
–48.9 |
|
20.5 |
|
15.6 |
|
27.7 |
Profit after tax |
|
–50.1 |
|
17.5 |
|
13.8 |
|
23.8 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
–25.0 |
|
8.7 |
|
6.9 |
|
11.9 |
Non-controlling interests |
|
–25.1 |
|
8.8 |
|
6.9 |
|
11.9 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
0.0 |
|
0.0 |
|
9.5 |
|
2.7 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout |
||||
|---|---|---|---|---|---|---|---|---|
|
|
2020/21 |
|
2021/22 |
|
2020/21 |
|
2021/22 |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
1.7 |
|
–10.8 |
|
17.0 |
|
27.9 |
Cash flows from investing activities |
|
–6.8 |
|
–8.7 |
|
–0.1 |
|
–0.4 |
Thereof additions to/divestments of other financial assets |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
5.2 |
|
19.4 |
|
–17.0 |
|
–18.4 |
Net decrease/increase in cash and cash equivalents |
|
0.1 |
|
–0.1 |
|
–0.1 |
|
9.1 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
