Name of the subsidiary |
|
Domicile |
|
03/31/2018 |
|
03/31/2019 |
|
|
|
|
|
|
|
voestalpine Tubulars GmbH & Co KG |
|
Kindberg, Austria |
|
|
|
|
Proportion of ownership |
|
|
|
49.8875% |
|
49.8875% |
Proportion of ownership interestsheld by |
|
|
|
50.1125% |
|
50.1125% |
CNTT Chinese New Turnout |
|
Qinhuangdao, China |
|
|
|
|
Proportion of ownership |
|
|
|
50.0000% |
|
50.0000% |
Proportion of ownership interests held by |
|
|
|
50.0000% |
|
50.0000% |
In the reporting period, the total of all non-controlling interests is EUR 165.8 million (March 31, 2018: EUR 168.6 million), of which EUR 87.7 million (March 31, 2018: EUR 84.4 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 32.5 million (March 31, 2018: EUR 35.5 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.
Summarized statement of financial position |
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|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
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|
|
03/31/2018 |
|
03/31/2019 |
|
03/31/2018 |
|
03/31/2019 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
122.3 |
|
122.9 |
|
15.1 |
|
13.1 |
Current assets |
|
165.0 |
|
173.0 |
|
95.7 |
|
102.3 |
Non-current provisions and liabilities |
|
30.2 |
|
32.6 |
|
2.9 |
|
3.0 |
Current provisions and liabilities |
|
137.0 |
|
134.8 |
|
37.8 |
|
47.8 |
Net assets (100%) |
|
120.1 |
|
128.5 |
|
70.1 |
|
64.6 |
|
|
|
|
|
|
|
|
|
In millions of euros |
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Summarized income statement |
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|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
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|
|
2017/18 |
|
2018/19 |
|
2017/18 |
|
2018/19 |
|
|
|
|
|
|
|
|
|
Revenue |
|
456.1 |
|
534.3 |
|
76.1 |
|
71.7 |
EBIT |
|
20.0 |
|
13.6 |
|
28.7 |
|
25.6 |
Profit after tax |
|
16.8 |
|
10.8 |
|
21.7 |
|
21.0 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
8.4 |
|
5.4 |
|
10.8 |
|
10.5 |
Non-controlling interests |
|
8.4 |
|
5.4 |
|
10.8 |
|
10.5 |
|
|
|
|
|
|
|
|
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Dividends paid to non-controlling interests |
|
0.0 |
|
0.0 |
|
6.5 |
|
14.2 |
|
|
|
|
|
|
|
|
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In millions of euros |
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Summarized statement of cash flows |
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|
|
voestalpine Tubulars |
|
CNTT Chinese New Turnout Technologies Co., Ltd. |
||||
|
|
2017/18 |
|
2018/19 |
|
2017/18 |
|
2018/19 |
|
|
|
|
|
|
|
|
|
Cash flows from operating activities |
|
2.4 |
|
21.9 |
|
13.0 |
|
23.8 |
Cash flows from investing activities |
|
–24.6 |
|
–16.5 |
|
–1.0 |
|
–1.9 |
Thereof additions to/divestments |
|
0.1 |
|
0.1 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
21.7 |
|
–5.4 |
|
–12.9 |
|
–17.2 |
Net decrease/increase in cash and |
|
–0.5 |
|
0.0 |
|
–0.9 |
|
4.7 |
|
|
|
|
|
|
|
|
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In millions of euros |
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