Consolidated Annual Report 2012 and Single-Entity ... - PVA TePla AG

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10 PVA TePla AG Annual Report 2012 VACUUM AND HIGH TEMPERATURES In order to guarantee a state of vacuum inside the interrupter, the interrupter must be manufactured in a vacuum environment. All components such as anti-rotation devices, metal bellows, ceramic insulation and the contacts are prefabricated out of specially molded copper/chrome compound materials in cleanrooms. The components are then put together using solder pastes or rings, before being treated in furnaces. In the furnaces, they are put through a pre-defined temperature program at negative pressure of up to 10 -7 mbar. To put that in perspective, atmospheric pressure is usually around 1,000 mbar, so the pressure inside the furnace is around 10 billion times lower than outside. A temperature of between 800°C and 850°C is required to manufacture the vacuum interrupter. At such high temperatures, the solder paste melts and forms an airtight seal around the interrupter. This solder-seal technique allows vacuums to be created with extremely low residual gas pressure. These temperatures don’t put much of a strain on the PVA TePla furnaces. Made from ultrapure stainless steel, molybdenum or tungsten, they can withstand temperatures well over 2000°C. One smart feature of the furnaces is an active cooling system that quickly reduces the interior temperature of the furnace once the temperature program is complete, meaning that the next batch can soon be loaded. This allows shorter cycle times throughout the process. PVA TePla delivered seven of its heat treatment furnaces in 2012 alone. The Company’s customer base includes all globally renowned energy company suppliers and power station operators such as ABB. The ever-increasing order intake shows that grid renewal and the enhancement of grid flexibility is gaining momentum. Despite decommissioning many of its nuclear power stations, Germany remains a net energy exporter. Renewable Energies now account for over 25% of the country’s energy mix. In its report on potential energy outlook in 2020, the Renewable Energies Agency anticipates that this percentage will rise to almost 50%. That means that demand for vacuum interrupters and circuit breakers will remain high in the future, as indeed will demand for systems that can manufacture them – and not simply in Germany either. SMART OUTLOOk The upcoming shake-up of the energy grids is nothing less than an attempt to reduce energy costs and retain a high level of grid stability. In the grid of the future, consumer appliances will be able to communicate with each other and switch operating modes in accordance with supply and demand to ensure the lowest costs and least possible environmental burden. That sounds like a smart concept, and indeed it is! Angela Merkel hit the nail on the head when she said this would be a herculean task. But the course has been set and there’s no turning back. Another thing is certain: PVA TePla’s smart vacuum heat treatment technology will accompany all circuit breaker manufacturers every step of the way.
High Vacuum Heat Treatment Furnace MOV 11 PVA TePla in Focus
Page 1 and 2: Be equipped for tomorrow‘s materi
Page 3 and 4: PVA TePla AG AS A VACUUM SPECIALIST
Page 5 and 6: Against this backdrop, our annual s
Page 8 and 9: 8 PVA TePla AG Annual Report 2012 H
Page 12: ABB - Expertise in Vacuum Interrupt
Page 15 and 16: Over three million sets of vacuum i
Page 17 and 18: View Over Vacuum Interrupters 17 PV
Page 19 and 20: TePla employees are available 24 ho
Page 21 and 22: the recession currently being exper
Page 23 and 24: DEPENDENT COMPANY REPORT The Manage
Page 25 and 26: 140 120 100 80 60 40 20 Performance
Page 27 and 28: MANAGEMENT AND GROUP MANAGEMENT REP
Page 29 and 30: INDUSTRIAL SYSTEMS SEMICONDUCTOR SY
Page 31 and 32: gest foreign market for German engi
Page 33 and 34: SOLAR SYSTEMS DIVISION Sales revenu
Page 35 and 36: acklog for the Solar Systems divisi
Page 37 and 38: PV-markets more effective. Therefor
Page 39 and 40: lion (previous year: EUR 35.9 milli
Page 41 and 42: opportunities. Leading research ins
Page 43 and 44: 14.4. OPPORTUNITIES AND RISKS FROM
Page 45 and 46: Payments in advance: The individual
Page 47 and 48: The adequacy and efficiency of the
Page 49: The 2012 report includes the follow
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ANNUAL FINANCIAL STATEMENTS PVA TeP
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LIABILITIES AND SHAREHOLDERS´ EQUI
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Notes OF PVA TEPLA AG FOR THE FISCA
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. INFORMATION AND EXPLANATIONS REGA
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Cost of materials in EUR 2012 2011
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4. CONTINGENCIES AND OTHER FINANCIA
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For the prospective effectiveness m
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The performance-related component p
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Wilhelm Hofmann, Germany, notified
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Accumulated amortization and deprec
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Accumulated amortization and deprec
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Auditor‘s Report We have audited
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EBIT-MARGIN Operating profit (EBIT)
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PVA TePla AG Phone +49 (0) 641 / 68
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Consolidated Annual Report 2012 and Single-Entity ... - PVA TePla AG

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