PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

34Results of Operations, Financial Position and Net Worth: Order intake / Order backlogThe 5,244 turning and milling machines sold, as well as ultrasonic / lasertec and usedmachines, (previous year: 3,470) were sent to 3,192 different customers. The salesvolume in “Machine Tools” increased by 51% in comparison to the previous year.We raised sales prices in the reporting year by an average of 2% to 3% specific to theproduct and market. Key accounting once again made a significant contribution toorder intake.business reportFinancial Position / Net WorthOrder backlogThe order backlog within the group as of 31 December 2010 amounted to € 628.3 million;it was thus € 41.6 million or 7% above the previous year’s level (31 Dec. 2009:€ 586.7 million).Domestic order backlog increased by € 38.6 million (+57%) to € 105.9 million(previous year: € 67.3 million). The international order backlog grew by € 3.0 million or1% to € 522.4 million (previous year: € 519.4 million). Of the current orders, internationalorders account for 83% (corresponding date of the previous year: 89%). Backlog developmentvaried in the individual segments: In “Machine Tools” the order backlog rose incomparison with the corresponding date of the previous year by € 84.3 million or 34%to € 335.0 million (31 Dec. 2009: € 250.7 million). As of 31 December, “Services” had anorder backlog of € 126.7 million (corresponding date of previous year: € 74.7 million).We were able to reduce the high order backlog in “Energy Solutions” in line with plans by36%; it amounted to € 166.5 million (corresponding date of previous year: € 261.2 million).Further information on order backlog in each segment can be found on page 51et seq. The following graph shows the development of order backlog in a multipleyear comparison:order backlog at the gildemeister groupin € million“Machine Tools”“Services““Energy Solutions”20042005284.4 37.4299.9 46.9321.8346.82006390.6 56.1446.720072008600.1 149.3565.9 161.5727.4749.420092010250.7 74.7261.2335.0 126.7586.7166.5 628.3Order backlog for “Machine Tools” represents mathematically a production utilisationperiod of an average of four months; at the same time the individual productioncompanies vary in their capacity utilisation. Further information on order backlogcan be found on page 51 et seq.