Subsidiaries with material non-controlling interests
Name of the subsidiary |
|
Domicile |
|
03/31/2025 |
|
09/30/2025 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
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 % |
As of September 30, 2025, the total of all non-controlling interests amounted to EUR 226.0 million (September 30, 2024: EUR 239.9 million), of which EUR 134.4 million (September 30, 2024: EUR 140.9 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 25.2 million (September 30, 2024: EUR 22.6 million) is attributable to CNTT Chinese New Turnout Technologies Co., Ltd. The remaining non-controlling interests, considered individually, are deemed immaterial to the Group.
Summarized financial information for each subsidiary with non-controlling interests that are material to the Group is presented in the following table. The figures correspond to the amounts prior to the elimination of intra-Group transactions.
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
||||
|---|---|---|---|---|---|---|---|---|
|
|
03/31/2025 |
|
09/30/2025 |
|
03/31/2025 |
|
09/30/2025 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
135.4 |
|
134.1 |
|
12.3 |
|
11.1 |
Current assets |
|
246.0 |
|
232.0 |
|
70.1 |
|
71.7 |
Non-current liabilities |
|
26.8 |
|
26.3 |
|
0.7 |
|
0.6 |
Current liabilities |
|
74.0 |
|
70.5 |
|
36.5 |
|
31.9 |
Net assets (100 %) |
|
280.6 |
|
269.3 |
|
45.2 |
|
50.3 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
||||
|---|---|---|---|---|---|---|---|---|
|
|
04/01– |
|
04/01– |
|
04/01– |
|
04/01– |
|
|
|
|
|
|
|
|
|
Revenue |
|
314.8 |
|
250.1 |
|
39.1 |
|
33.3 |
EBIT |
|
16.9 |
|
−12.6 |
|
10.6 |
|
9.6 |
Profit after tax |
|
17.5 |
|
−12.5 |
|
9.6 |
|
8.0 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
8.7 |
|
−6.2 |
|
4.8 |
|
4.0 |
Non-controlling interests |
|
8.8 |
|
−6.3 |
|
4.8 |
|
4.0 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
76.8 |
|
0.0 |
|
4.7 |
|
5.3 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||
|
|
voestalpine Tubulars GmbH & Co KG |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
||||
|---|---|---|---|---|---|---|---|---|
|
|
04/01– |
|
04/01– |
|
04/01– |
|
04/01– |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
34.5 |
|
3.1 |
|
11.6 |
|
4.9 |
Cash flows from investing activities |
|
136.3 |
|
−7.0 |
|
0.0 |
|
−0.2 |
Thereof additions to/divestments of other financial assets |
|
152.1 |
|
1.1 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
−170.8 |
|
4.0 |
|
−9.5 |
|
−5.4 |
Change in cash and cash equivalents |
|
0.0 |
|
0.1 |
|
2.1 |
|
−0.7 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||