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A Group Management Report and Management Report on Salzgitter AG II. Profitability, Financial Position and Net Assets 120 121
Value Added in the Salzgitter Group
The operating value added of the Group came to € 2,664 million and was thus € 320 million lower
than in 2006 (–10.7 %), albeit that the previous year’s figure was significantly impacted by the sale of
the Vallourec shares. A large portion of the use of value added, which came to 49.2% (2006: 36.3%),
was accounted for by employees. The tax share rose to 15.3% (2006: 11.6%). In this financial year, the
shareholders (including treasury shares) will receive 7.1% (2006: 4.2%) of the value added in the form
of dividend. The portion accounted for by lenders came to 1.3%, slightly lower than the previous year’s
figure of 1.5%. Another 27.1% (2006: 46.4%) is also attributable to the shareholders; this will serve to
strengthen the equity base and raise the value of the Group.
Value Added
in € mil.
Sources
FY 2007 % FY 2006 %
Group outputs 10,810 100.0 9,951 100.0
Inputs 8,146 75.4 6,967 70.0
Value added
Allocation
2,664 24.6 2,984 30.0
Employees 1,310 49.2 1,085 36.3
Public authorities 408 15.3 345 11.6
Shareholders 190 7.1 126 4.2
Lenders 35 1.3 44 1.5
Group 721 27.1 1,384 46.4
Value added 2,664 100.0 2,984 100.0
Profitability, Financial
Position & Net Assets