Name of the subsidiary |
|
Domicile |
|
03/31/2023 |
|
03/31/2024 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
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 311.2 million (March 31, 2023: EUR 240.5 million), of which EUR 215.0 million (March 31, 2023: EUR 142.9 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 25.9 million (March 31, 2023: EUR 30.9 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 |
||||
|---|---|---|---|---|---|---|---|---|
|
|
03/31/2023 |
|
03/31/2024 |
|
03/31/2023 |
|
03/31/2024 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
107.1 |
|
132.7 |
|
13.6 |
|
12.2 |
Current assets |
|
322.4 |
|
443.9 |
|
82.4 |
|
76.2 |
Non-current liabilities |
|
28.8 |
|
26.9 |
|
1.1 |
|
0.9 |
Current liabilities |
|
120.8 |
|
125.7 |
|
33.1 |
|
35.7 |
Net assets (100%) |
|
279.9 |
|
424.0 |
|
61.8 |
|
51.8 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout |
||||
|---|---|---|---|---|---|---|---|---|
|
|
2022/23 |
|
2023/24 |
|
2022/23 |
|
2023/24 |
|
|
|
|
|
|
|
|
|
Revenue |
|
828.5 |
|
803.3 |
|
51.2 |
|
35.4 |
EBIT |
|
204.6 |
|
174.2 |
|
15.2 |
|
10.8 |
Profit after tax |
|
198.4 |
|
178.4 |
|
13.4 |
|
9.3 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
99.0 |
|
89.0 |
|
6.7 |
|
4.7 |
Non-controlling interests |
|
99.4 |
|
89.4 |
|
6.7 |
|
4.7 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
0.0 |
|
15.0 |
|
13.7 |
|
8.4 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout |
||||
|---|---|---|---|---|---|---|---|---|
|
|
2022/23 |
|
2023/24 |
|
2022/23 |
|
2023/24 |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
177.3 |
|
167.0 |
|
12.9 |
|
7.4 |
Cash flows from investing activities |
|
–78.4 |
|
–152.7 |
|
–0.2 |
|
–0.3 |
Thereof additions to/divestments of other financial assets |
|
–63.3 |
|
–113.3 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
–98.9 |
|
–14.2 |
|
–26.3 |
|
–16.9 |
Change in cash and cash equivalents |
|
0.0 |
|
0.1 |
|
–13.6 |
|
–9.8 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
