Annual Report 2003 2004

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92 PROMOTING EFFICIENCY Innovative materials in combination with innovative technologies – such as the hydroforming process developed by ThyssenKrupp – allow the cost-effective production of lightweight components of unprecedented complexity.
BETTER RIDE. The zinc magnesium coating was developed in the doc ® , ThyssenKrupp’s center of excellence for surface engineering. Based on this new coating, a family of products was developed which provides the auto industry with improved processing quality during laser welding. In addition, a product variant reduces the cost of secondary corrosion protection in body cavities and panel overlaps. Both offer auto manufacturers significant cost advantages. 93
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Future Technology. ThyssenKrupp Ann
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C/2 ThyssenKrupp in brief ThyssenKr
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I Letter to stockholders Your Thyss
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III Letter to stockholders What are
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03-22 To our stockholders 23-50 Bus
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04 0 To our stockholders In fall 20
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06 Executive Board and Supervisory
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08 Report by the Supervisory Board
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10 The Annual General Meeting re-el
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12 Dr. h.c. Friedel Neuber, member
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14 Executive Board compensation is
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16 Supervisory Board compensation i
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18 ThyssenKrupp stock Climbing more
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20 ThyssenKrupp stock is included i
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22 Our ir work won several awards.
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24 Business performance ThyssenKrup
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26 World crude steel production exc
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28 Order intake and sales improved
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30 Crude steel production at Thysse
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32 Market position in Asia signific
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34 Chemical and cement plant busine
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36 The contracts on the German ship
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38 The use of e-procurement reduced
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40 Our products and processes contr
Page 54 and 55: 42 Steelmaking base in Duisburg mod
Page 56 and 57: 44 All segments increased their ear
Page 58 and 59: 46 distribution will be adjusted ac
Page 60 and 61: 48 The boom on the steel market wil
Page 62 and 63: 50 No supply bottlenecks are expect
Page 64 and 65: 52 Our future potential ThyssenKrup
Page 66 and 67: 54 The ThyssenKrupp Innovation Cont
Page 68 and 69: 56 NewSteelBody attracting major in
Page 70 and 71: 58 ThyssenKrupp moving walks are fa
Page 72 and 73: 60 Zinc helps reinforced concrete l
Page 74 and 75: 62 ThyssenKrupp supports Tongji Uni
Page 76 and 77: 64 The best projects cover a broad
Page 78 and 79: 66 Several university chairs are su
Page 80 and 81: 68 More than 60,000 visitors made o
Page 82 and 83: 70 Business areas and segments Thys
Page 84 and 85: 72 Steel aims to defend its leading
Page 86 and 87: 74 Automotive sees growth potential
Page 88 and 89: 76 Exploiting cross-selling potenti
Page 90 and 91: 78 The shipyards in Hamburg, Emden
Page 92 and 93: 80 More than 125,000 articles avail
Page 94 and 95: 82 Extensive improvement programs a
Page 96 and 97: 84 How hard is it to turn TECHNOLOG
Page 98 and 99: 86 Education Environment Knowledge
Page 100 and 101: 88 1 Innovation. Materials Steel sh
Page 102 and 103: 90 OFFERING PROTECTION The view thr
Page 106 and 107: 94 2 SUSANNE SCHLEGEL, NOTHELFER In
Page 108 and 109: 96 SIMPLIFYING PROCESSES Thanks to
Page 110 and 111: 98 INCREASING COST EFFECTIVENESS WO
Page 112 and 113: 100 3 Innovation. Communication Fir
Page 114 and 115: 102 CREATING UNDERSTANDING From the
Page 116 and 117: 104 UNLOCKING POTENTIAL Complex tec
Page 118 and 119: 106 What idea do you have?
Page 120 and 121: 108 Financial report Some people re
Page 122 and 123: 110 The results of Stainless Steel
Page 124 and 125: 112 compared to the previous year,
Page 126 and 127: 114 The roce is compared to the wei
Page 128 and 129: 116 The discontinued operations use
Page 130 and 131: 118 Trade accounts payable increase
Page 132 and 133: 120 summarized first by currency an
Page 134 and 135: 122 The strongly export-dependent G
Page 136 and 137: 124 In order to further lower the d
Page 138 and 139: 126 Auditors’ Report We have audi
Page 140 and 141: 128 ThyssenKrupp ag Consolidated Ba
Page 142 and 143: 130 ThyssenKrupp ag Consolidated St
Page 144 and 145: 132 Notes to the consolidated finan
Page 146 and 147: 134 Research and development costs
Page 148 and 149: 136 Accrued pension and similar obl
Page 150 and 151: 138 actuarially equivalent to the b
Page 152 and 153: 140 The final purchase price alloca
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142 In September 2004, the Steel se
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144 Due to the fact that the Group
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146 The following table reconciles
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148 NOTES TO THE CONSOLIDATED BALAN
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150 Consolidated Fixed Assets Sched
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152 11 Operating lease as lessor Th
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154 The contractual maturities of d
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156 Dividend proposal The Executive
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158 million € Change in projected
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160 in % The Group applied the foll
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162 in % Weighted-average assumptio
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164 Restructuring measures are bein
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166 As of September 30, 2004, Thyss
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168 The terms of these guarantees d
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170 The intention of currency hedgi
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172 The notional amounts of the der
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174 30 Segment reporting According
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176 Segment information by products
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178 Segment information by geograph
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180 OTHER INFORMATION 33 Earnings p
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182 Inventory valuation Lower of co
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184 Scope of consolidation Under Ar
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186 3. OTHER DIRECTORSHIPS HELD BY
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188 4. OTHER DIRECTORSHIPS HELD BY
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190 5. WAIVE OF DISCLOSURE PURSUANT
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192 ThyssenKrupp Federn GmbH Hagen
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194 Additional information Any info
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196 ThyssenKrupp Group Ecomomic val
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198 Company (as of September 30, 20
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200 Company (as of September 30, 20
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202 Glossary A Average collection p
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204 Contact/2005/2006 dates For mor
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Ideas are soon forgotten if you don
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Annual Report 2003 2004

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