PDF; 4,2 MB - HeidelbergCement

Facts
and Figures
2013

Preface
Dr. Bernd Scheifele, Chairman of the Managing Board

Ladies and Gentlemen,
HeidelbergCement successfully concluded the 2012 financial
year despite the sovereign debt, euro, and financial market
crises and fully achieved its objectives. The Group’s key financial
figures continued to develop positively:
n Revenue improved by 9 % to €14.0 billion
n Operating income before depreciation rose by 7 % to
€2.48 billion
n Profit for the financial year increased by 2 % to
€545 million
n Net debt fell to €7.0 billion
All this was primarily due to our favourable geographical positioning
in markets with high growth rates, our well-balanced
product portfolio, and further improvements in the company’s
performance through our Group programmes. In 2012, we
also expanded successfully our cement capacities in several
emerging countries in Asia and Africa.
The Managing Board has set the objective to further increase
revenue and operating income in 2013. Thanks to
our positioning in attractive markets – in both emerging and
industrialised countries – and our global market leadership
in the aggregates business, HeidelbergCement has an excellent
position to benefit over-proportionally from continued
economic growth.
Yours sincerely,
Dr. Bernd Scheifele
Chairman of the Managing Board
1

140 years of competence and quality
In more than 40 countries across the world, Heidelberg-
Cement stands for competence and quality.
In the 140 years since its foundation in 1873, Heidelberg-
Cement has grown from a regional cement manufacturer
with one plant in Heidelberg to one of the world’s leading
building materials groups. HeidelbergCement is the top player
worldwide in the production of aggregates and holds leading
positions in cement and ready-mixed concrete. Our success
is fuelled by the dedication of more than 52,000 employees
on five continents.
Our core activities include the production and distribution of
cement and aggregates, the two essential raw materials for
concrete. We supplement our product range with downstream
activities such as ready-mixed concrete, concrete products
and precast concrete parts, as well as other related building
materials and services. Cement and aggregates form the basis
of our dual raw material and growth strategy.
2

History and development
1873 Founding
1977 Lehigh, USA
1989 Central and Eastern Europe
1993 Acquisition of CBR
1995/96 China/Turkey
1999 Acquisition of Scancem
2001 Acquisition of Indocement, Indonesia
2002/03 Market leader in Romania, Ukraine, and Germany
2005/06 Involvement in Kazakhstan, India, and Georgia
2007 Acquisition of Hanson
2010 Democratic Republic of the Congo
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4
HeidelbergCement
in the world

Cement and clinker
Aggregates
5

6
Western and
Northern Europe

Western and Northern Europe
Belgium, Denmark, Estonia, Germany, Latvia, Lithuania,
Netherlands, Norway, Sweden, United Kingdom
HeidelbergCement operates in ten countries in the Western
and Northern Europe Group area. In these mature markets,
we manufacture cement, aggregates, asphalt, ready-mixed
concrete, and various building products as a fully integrated
building materials company. We are the market leader in most
of the countries in which we produce cement. We also have
a dense network of quarries for aggregates and production
facilities for ready-mixed concrete.
8

Capacity and reserves
Cement capacity
31.8 mt
Aggregates reserves 3.3 bnt
Sales volumes
Cement and clinker
21 mt
Aggregates
72 mt
Asphalt
3 mt
Ready-mixed concrete 13 m m 3
Revenue by business lines
Cement 1,731 €m
Aggregates 858 €m
Building products 484 €m
Concrete-Service-Other 1,777 €m
Intra-Group eliminations -648 €m
Total revenue 4,201 €m
Number of plants
Cement 21
Grinding plants 7
Blast furnace slag 3
Cement terminals 56
Aggregates 170
Asphalt 33
Ready-mixed concrete 579
Concrete products 34
Bricks 21
9

Eastern Europe-
Central Asia
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Eastern Europe-Central Asia
Bosnia-Herzegovina, Croatia, Czech Republic, Georgia,
Hungary, Kazakhstan, Poland, Romania, Russia, Slovakia,
Ukraine
HeidelbergCement operates in eleven countries in the Eastern
Europe-Central Asia Group area. In most of these growing
markets, the Group is not only the market leader in the cement
business, but is also continually improving its position as a
result of capacity expansions. The quarrying of aggregates and
the production of ready-mixed concrete are also becoming
increasingly important.
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Capacity and reserves
Cement capacity
30.1 mt
Aggregates reserves 0.9 bnt
Sales volumes
Cement and clinker
17 mt
Aggregates
19 mt
Ready-mixed concrete 4 m m 3
Revenue by business lines
Cement 1,171 €m
Aggregates 123 €m
Concrete-Service-Other 238 €m
Intra-Group eliminations -97 €m
Total revenue 1,435 €m
Number of plants
Cement 18
Grinding plants 2
Cement terminals 28
Aggregates 66
Ready-mixed concrete 210
Concrete products 3
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North America

North America
Canada, USA
The United States and Canada form the Group area North
America. In its largest market area, the Group is among the
leading manufacturers of aggregates, cement, ready-mixed
concrete, asphalt, and building products. The building products
business line includes the production of concrete pipes, precast
concrete parts, concrete paving blocks, roof tiles, and bricks.
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Capacity and reserves
Cement capacity
Aggregates reserves
13.3 mt
12.9 bnt
Sales volumes
Cement and clinker
12 mt
Aggregates
105 mt
Asphalt
3 mt
Ready-mixed concrete 6 m m 3
Revenue by business lines
Cement 1,078 €m
Aggregates 1,032 €m
Building products 723 €m
Concrete-Service-Other 995 €m
Intra-Group eliminations -387 €m
Total revenue 3,441 €m
Number of plants
Cement 14
Grinding plants 2
Blast furnace slag 1
Cement terminals 34
Aggregates 209
Asphalt 39
Ready-mixed concrete 152
Concrete products 74
Bricks and roof tiles 15
17

Asia-Pacific
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Asia-Pacific
Bangladesh, Brunei, China, India, Indonesia, Malaysia,
Singapore, Australia
In most of the growth countries in Asia, the focus is on cement
production. While cement capacities in India and Bangladesh
were recently expanded, they will also be increased significantly
in Indonesia in the coming years. In Malaysia and Australia,
HeidelbergCement has strong market positions in aggregates
and ready-mixed concrete. In Australia, the Group has a dense
network of production sites and also holds a 50 % stake in two
cement plants and one grinding facility.
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Capacity and reserves
Cement capacity
Aggregates reserves
35.6 mt
1.3 bnt
Sales volumes
Cement and clinker
30 mt
Aggregates
37 mt
Asphalt
2 mt
Ready-mixed concrete 11 m m 3
Revenue by business lines
Cement 2,029 €m
Aggregates 592 €m
Building products 26 €m
Concrete-Service-Other 1,213 €m
Intra-Group eliminations -383 €m
Total revenue 3,477 €m
Number of plants
Cement 11
Grinding plants 7
Cement terminals 11
Aggregates 81
Asphalt 20
Ready-mixed concrete 306
Concrete products 2
21

Africa-
Mediterranean
Basin
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Africa-Mediterranean Basin
Benin, Burkina Faso, DR Congo, Gabon, Ghana, Liberia,
Sierra Leone, Tanzania, Togo, Israel, Spain, Turkey
In Africa, HeidelbergCement produces mainly cement. Our
plants are located in nine sub-Saharan countries. We are
the market leader in most of these growth countries and
will expand our production capacities further over the next
few years.
The Mediterranean Basin includes Spain and Israel, where
HeidelbergCement primarily produces aggregates and readymixed
concrete. In Turkey, the joint venture Akçansa is one
of the country’s leading cement manufacturers; it also has
a dense network of ready-mixed concrete production sites
and manufactures aggregates.
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Capacity and reserves
Cement capacity
Aggregates reserves
11.5 mt
0.4 bnt
Sales volumes
Cement and clinker
9 mt
Aggregates
14 mt
Asphalt
1 mt
Ready-mixed concrete 5 m m 3
Revenue by business lines
Cement and clinker 825 €m
Aggregates 87 €m
Concrete-Service-Other 299 €m
Intra-Group eliminations -76 €m
Total revenue 1,135 €m
Number of plants
Cement 7
Grinding plants 10
Cement terminals 6
Aggregates 12
Asphalt 2
Ready-mixed concrete 74
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Group Services

Group Services
Group Services comprises the activities of our subsidiary HC
Trading, one of the largest international trading companies
for cement and clinker. The company is also responsible for
purchasing and delivering coal and petroleum coke via sea
routes to our own locations and to other cement companies
around the world. In 2012, revenue in the Group Services
business unit amounted to €828 million.
Overall, more than 1,100 ships transported the goods in 2012,
mostly via the main sea routes of Asia, the Mediterranean
Basin, and Continental Europe to their destinations in Africa,
the Middle East, and South America. Thanks to its sophisticated
logistics, HC Trading is able to respond quickly to changing
market conditions.
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Sustainability

Building on sustainability
HeidelbergCement is committed to sustainability and
builds on the three pillars: economy, ecology, and social
responsibility.
Our sustainable corporate governance places the primary focus
on customers, employees, shareholders, and local partners at
every location. With our Sustainability Ambitions 2020, we
demonstrate our long-term commitment.
As a company that makes intensive use of raw materials, we
regard climate protection and the securing of resources as the
basis of our future development. With efficient production
processes and the use of alternative fuels and raw materials,
we are making an important contribution to protecting our
climate. Occupational health and safety are our utmost priority
and an integral part of all our business activities. We supply
sustainable building materials that have a positive impact on
the environment and society throughout their life cycles. The
quarries and sand and aggregates pits from which we extract
our raw materials are returned to a natural state or put to
agricultural use. We are increasingly opting for renaturation,
thus helping to preserve species diversity.
In order to improve knowledge about the biological value of
the quarrying sites, in 2011 we launched the international
“Quarry Life Award” for junior researchers, students, and pupils.
From a total of 300 applications, 80 projects were chosen
for practical research at our quarries and sand and gravel pits
in 18 countries. The projects ranged from new ideas for the
protection of rare plant and animal species to concepts for
after-use of restored quarrying sites. At the end of 2012, we
presented the award to the winners of the competition, which,
in future, is to be held every two years.
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HeidelbergCement is member of:
World Business Council for
Sustainable Development
31

Financial highlights
€m 2011 2012
Revenue 12,902 14,020
Operating income before depreciation (OIBD) 2,321 2,477
Operating income 1,474 1,613
Profit for the financial year 534 545
Cement and clinker sales volumes (mt) 88 89
Aggregates sales volumes (mt) 254 243
Asphalt sales volumes (mt) 10 9
Ready-mixed concrete sales volumes (m m 3 ) 39 39
Number of employees 52,526 51,966
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Photographs
HeidelbergCement photo archives
Page 32: Lloyd Lutz, Evansville/USA
HeidelbergCement AG
Berliner Strasse 6
69120 Heidelberg, Germany
www.heidelbergcement.com
Contact:
Group Communication
Phone: + 49 (0) 6221 481-13227
Fax: + 49 (0) 6221 481-13217
E-mail: info@heidelbergcement.com
Investor Relations
Phone:
Institutional investors USA and UK:
+ 49 (0) 6221 481-13925
Institutional investors EU and rest of the world:
+ 49 (0) 6221 481-39568
Private investors:
+ 49 (0) 6221 481-13256
E-mail: ir-info@heidelbergcement.com
Unless otherwise indicated, all figures refer to the financial
year of 2012. Errors and printing errors reserved.

140 Years
0613/5T/SD/abc/Rev.0