Download - Salzgitter AG

The Services Division includes DEUMU Deutsche Erz- und Metall-Union GmbH, SZST Salzgitter Service
und Technik GmbH, SIT Salzgitter Information und Telekommunikation GmbH, the TELCAT Group,
GESIS Gesellschaft für Informationssysteme mbH, Hansaport Hafenbetriebsgesellschaft mbH,
“Glückauf” Wohnungsgesellschaft mbH, Verkehrsbetriebe Peine-Salzgitter GmbH, Salzgitter Mannesmann
Forschung GmbH, Salzgitter Automotive Engineering Beteiligungsgesellschaft mbH, Salzgitter
Automotive Engineering GmbH & Co. KG and Salzgitter Automotive Engineering Immobilien GmbH
& Co. KG, as well as the net income from shareholdings assigned to this segment. This segment also
includes the non-consolidated company Salzgitter Hydroforming GmbH & Co. KG.
The companies in this Division are engaged primarily in providing services to the Group. Their applied
expertise and the existing infrastructure, however, will increasingly be offered to companies outside of
the Group as well. The services provided include data processing, telecommunications services, scrap
metal dealing, the handling and storage of bulk cargo, transportation and other services. The companies
Salzgitter Hydroforming GmbH & Co. KG and Salzgitter Automotive Engineering Beteiligungsgesellschaft
(including subsidiaries) mainly provide services and products for the automotive industry.
The Technology Division contains a total of 15 fully consolidated companies belonging to the Klöckner
Group. As of December 31, 2007, the Salzgitter Group holds a total of 86.1% of the shares in Klöckner-Werke
AG (KWAG), the holding company of the Klöckner Group. The Klöckner Group operates via
the KWAG subsidiary KHS AG and its domestic and foreign subsidiaries, primarily in the filling and
packaging technology segment.
Inter-segment sales are basically conducted on standard market terms such as also apply to transactions
with third parties.
Depreciation and amortization relate in their entirety to the fixed assets of the respective segments.
Segmental operating assets and liabilities comprise the assets and debts that are required for operational
purposes – excluding both interest-bearing claims and income tax receivables and liabilities.
Of the sales generated, € 4,903 million (2006: € 3,984 million) were earned in Germany and € 5,289
million (2006: € 4,463 million) in third countries.
Of the investments in property, plant and equipment and intangible assets, € 359 million (2006:
€ 225 million) were accounted for by Germany and € 24 million (2006: € 11 million) by third countries.
A further sum of € 1.5 million was invested in Germany by a consolidated unit not assigned to
any segment.
In the financial year 2007, as in the previous year, no single customer accounted for more than 10%
of the Salzgitter Group’s sales.