Download - Salzgitter AG

More documents

Recommendations

Info

A Group Management Report and Management Report on Salzgitter AG I. Business and the Environment 32 33 The specific competences are combined under the relevant divisions (Steel, Trading, Tubes, Services and Technology). The Steel Division ranks amount Europe’s five largest steel producers, and the Tubes Division is global market leader in some of its sub-segments in the sector. The new Technology Division comprises the companies of the Klöckner Group, the most important of which are in the league of global leaders and preferred suppliers of machinery and plant solutions for the food industry. Salzgitter AG is listed on the MDAX and, on the basis of its ranking, is one of the 35 largest listed German stock corporations. All important companies of the Salzgitter Group are grouped under the interim holding company Salzgitter Mannesmann GmbH (SMG). This structure has enabled existing tax carryforwards to be used and an unhampered central financial management for the Group to be implemented. As the holding company, Salzgitter AG manages SMG and all associated companies. This process is facilitated by the members of the Executive Board of Salzgitter AG also being the managing directors of SMG. The Group is managed and supervised, as before, by the executive bodies of Salzgitter AG (Executive Board, Supervisory Board). As the management holding company, Salzgitter AG coordinates the five divisions Steel, Tubes, Trading, Services and Technology. The chart on the next page shows the structure of the Group. Business and the Environment
Salzgitter AG The Divisions Salzgitter Mannesmann GmbH STEEL Salzgitter Stahl Salzgitter Flachstahl 1) Peiner Träger 1) Ilsenburger Grobblech 1) Salzgitter Europlatinen Salzgitter Bauelemente HSP Hoesch Spundwand und Profil 94.9% 94.8% 94.6% 94.9% 94.9% 94.9% TRADING Salzgitter Mannesmann Handel 1) Salzgitter Mannesmann Stahlhandel Stahl-Center Baunatal Salzgitter Mannesmann International Salzgitter Mannesmann International (USA) Salzgitter Mannesmann International (Canada) Salzgitter Handel B.V. Hövelmann & Lueg 1) Universal Eisen und Stahl 1) 94.9% 50.0% 30.0% 23.0% TUBES Mannesmannröhren-Werke Mannesmannröhren Mülheim Salzgitter Großrohre 1) Europipe Mannesmann Fuchs Rohr Salzgitter Mannesmann Precision Mannesmann Präzisrohr Mannesmannrohr Sachsen Vallourec Précision Etirage Mannesmann Robur Mannesmann DMV Stainless Hüttenwerke Krupp Mannesmann Borusan Mannesmann Boru
Page 1 and 2: Annual Report 2007 Financial Year f
Page 3 and 4: 1) 2006 included in “Other region
Page 5 and 6: Highlights of the Financial Year 20
Page 7 and 8: Contents The Salzgitter Group 5 Key
Page 9 and 10: Preface by the Executive Board Ladi
Page 11 and 12: The financial year 2007 was another
Page 13 and 14: Report of the Supervisory Board The
Page 15 and 16: Alongside the extensive investment
Page 17 and 18: Corporate Governance Report Corpora
Page 19 and 20: In order to prepare its decisions,
Page 21 and 22: Transparency To ensure that shareho
Page 23 and 24: What does it feel like to steer 100
Page 26 and 27: A Group Management Report and Manag
Page 32 and 33: 94.9% 94.9% 51.0% 94.8% A Group Man
Page 46: A Group Management Report and Manag
Page 49 and 50: 1) Including amounts provisioned fo
Page 51 and 52: 1) The amounts presuppose that the
Page 53 and 54: “I wish I could also sleep in it.
Page 55 and 56: 3. Management and Control of the Co
Page 57 and 58: Groupwide Investment Volume 1996/19
Page 59 and 60: The Group’s excellent performance
Page 61 and 62: Management and Control Instruments
Page 63 and 64: in € mil. FY 2007 FY 2006 EBT 1,3
Page 65 and 66: Can a sports facility lend wings to
Page 67 and 68: “For a whole year we really did e
Page 69 and 70: “We could only imagine making the
Page 71 and 72: Sources: XETRA closing prices, DBAG
Page 73 and 74: 1) All data as per December 31 2) C
Page 75 and 76: “At first I had no idea what it w
Page 77 and 78: R&D expenses by Division Steel 47%
Page 79 and 80: Continuous strip casting Together w
Page 82 and 83:
A Group Management Report and Manag
Page 84 and 85:
Page 86 and 87:
Steel Division environmental expens
Page 88 and 89:
Page 90 and 91:
Page 92 and 93:
Page 94 and 95:
Page 96 and 97:
Page 98 and 99:
Page 100:
Page 103 and 104:
Core workforce 1998 Steel 10,471 Tr
Page 105 and 106:
Generation campaign A Group operati
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
4. Earnings Steel Trading Tubes Ser
Page 116 and 117:
Page 118:
Page 121 and 122:
5. The Divisions As the management
Page 123 and 124:
Steel Division Shipments 0 1,000 2,
Page 125 and 126:
1) Excluding intercompany deliverie
Page 127 and 128:
SMHD Group made the major contribut
Page 129 and 130:
Tubes Division The companies belong
Page 131 and 132:
capacity utilization throughout the
Page 133 and 134:
Services Division The companies bel
Page 135 and 136:
1) Sales in own segment and in othe
Page 137 and 138:
Sales in the Technology Division in
Page 139 and 140:
How does steel serve science? What
Page 141 and 142:
“Our motto is ‘I discover.’
Page 143 and 144:
“For a long-span roof constructio
Page 145 and 146:
6. Profitability Improvement Progra
Page 147 and 148:
“They just loved the experiments.
Page 149 and 150:
7. Financial Position Financial Man
Page 151 and 152:
8. Net Assets The total assets of o
Page 153 and 154:
1) Including intangible assets 2) I
Page 155 and 156:
Disclosures pursuant to Sections 28
Page 157 and 158:
10. General Statement on the Econom
Page 160 and 161:
Page 162 and 163:
Page 164 and 165:
Page 166 and 167:
2. Individual Risks Environment and
Page 168 and 169:
Financial Risks A Group Management
Page 170 and 171:
Page 172 and 173:
Page 174 and 175:
GDP Germany: Forecast Range 2008/20
Page 176 and 177:
Page 178 and 179:
Power Plant Capacity Trend GW 8,000
Page 180 and 181:
Page 182 and 183:
Page 184 and 185:
Page 186 and 187:
4. Anticipated Financial Position W
Page 188 and 189:
6. Overall Statement on the Perform
Page 190:
Why is it worth listening to what a
Page 194 and 195:
“We listen to the bridge - 24 hou
Page 196 and 197:
B Consolidated Annual Financial Sta
Page 198 and 199:
II. Consolidated Balance Sheet Asse
Page 200 and 201:
IV. Cash Flow Statement (43) Cash F
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 208 and 209:
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
Page 216 and 217:
Page 218 and 219:
Page 220 and 221:
Page 222 and 223:
Page 224 and 225:
Page 226 and 227:
Page 228 and 229:
Page 230 and 231:
Page 232 and 233:
Page 234 and 235:
Page 236 and 237:
Page 238 and 239:
Page 240 and 241:
Page 242 and 243:
Page 244 and 245:
Page 246 and 247:
Page 248 and 249:
Page 250 and 251:
Page 252 and 253:
Page 254 and 255:
Page 256 and 257:
Page 258 and 259:
Page 260 and 261:
Page 262 and 263:
Page 264 and 265:
Page 266 and 267:
Page 268 and 269:
Page 270 and 271:
Page 272 and 273:
Page 274 and 275:
Page 276 and 277:
Page 278 and 279:
Page 280:
Page 283 and 284:
The Services Division includes DEUM
Page 285 and 286:
(46) Related Party Disclosures In a
Page 287 and 288:
(49) Waiver of Disclosure and Prepa
Page 289 and 290:
VI. Auditor’s Report This report
Page 291 and 292:
I. List of Company Abbreviations SZ
Page 293 and 294:
II. Glossary Business and Financial
Page 295 and 296:
F Forfaiting Sale of export receiva
Page 297 and 298:
Technical Terms A Annealing furnace
Page 299 and 300:
Pilger rolling Conventional step-fo
Page 301 and 302:
III. Financial Calendar of Salzgitt
Page 303:
IV. Editorial Details and Contact C
show all

Download - Salzgitter AG

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?