Subsidiaries with material non-controlling interests
Name of the subsidiary |
|
Domicile |
|
03/31/2026 |
|
09/30/2026 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
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 |
|
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, 2026, the total of all non-controlling interests amounted to EUR 214.2 million (March 31, 2026: EUR 220.3 million), of which EUR 112.2 million (March 31, 2026: EUR 124.1 million) is attributable to voestalpine Tubulars GmbH & Co KG and EUR 32.6 million (March 31, 2026: EUR 23.6 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. |
||||
|---|---|---|---|---|---|---|---|---|
|
|
03/31/2026 |
|
09/30/2026 |
|
03/31/2026 |
|
09/30/2026 |
|
|
|
|
|
|
|
|
|
Non-current assets |
|
127.5 |
|
122.4 |
|
12.3 |
|
12.5 |
Current assets |
|
202.1 |
|
182.0 |
|
82.3 |
|
89.5 |
Non-current liabilities |
|
22.4 |
|
21.0 |
|
0.8 |
|
0.6 |
Current liabilities |
|
61.8 |
|
61.7 |
|
46.5 |
|
36.2 |
Net assets (100%) |
|
245.4 |
|
221.7 |
|
47.3 |
|
65.2 |
|
|
|
|
|
|
|
|
|
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 |
|
250.1 |
|
192.2 |
|
33.3 |
|
57.6 |
EBIT |
|
−12.6 |
|
−21.5 |
|
9.6 |
|
18.2 |
Profit after tax |
|
−12.5 |
|
−23.3 |
|
8.0 |
|
15.5 |
|
|
|
|
|
|
|
|
|
Attributable to: |
|
|
|
|
|
|
|
|
Equity holders of the parent |
|
−6.2 |
|
−11.6 |
|
4.0 |
|
7.7 |
Non-controlling interests |
|
−6.3 |
|
−11.7 |
|
4.0 |
|
7.8 |
|
|
|
|
|
|
|
|
|
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 |
|
3.1 |
|
−7.0 |
|
4.9 |
|
11.9 |
Cash flows from investing activities |
|
−7.0 |
|
8.4 |
|
−0.2 |
|
−0.3 |
Thereof additions to/divestments of other financial assets |
|
1.1 |
|
13.9 |
|
0.0 |
|
0.0 |
Cash flows from financing activities |
|
4.0 |
|
−1.4 |
|
−5.4 |
|
−5.7 |
Change in cash and cash equivalents |
|
0.1 |
|
0.0 |
|
−0.7 |
|
5.9 |
|
|
|
|
|
|
|
|
|
Dividends paid to non-controlling interests |
|
0.0 |
|
0.0 |
|
10.5 |
|
0.0 |
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||