Salzgitter Group Figures

    H1 2013 H1 2012 +/–
Crude steel production1) kt 3,781.1 3,857.7 -76.6
         
External sales € million 4,977.3 5,378.5 -401.2
Steel Division € million 1,334.4 1,406.8 -72.4
Trading Division € million 2,031.5 2,398.4 -367.0
Tubes Division € million 820.7 790.5 30.2
Services Division € million 204.4 212.2 -7.9
Technology Division   € million 568.4 548.5 19.9
Other € million 18.0 22.0 -4.0
Export share (%) 30.06. 58.5 56.0 2.5

       
EBITDA 2) € million 101.6 199.8 -98.2
EBIT2) € million -258.0 29.2 -287.2
Earnings before taxes (EBT) € million -298.7 -17.9 -280.8
Steel Division € million -260.5 -97.8 -162.6
Trading Division € million 19.6 27.6 -8.1
Tubes Division € million -25.0 8.3 -33.3
Services Division € million 4.3 10.2 -5.9
Technology Division   € million 5.6 2.6 3.0
Other/Consolidation € million -42.7 31.1 -73.8
Earnings after taxes € million -315.2 -22.5 -292.7
Basic earnings per share -5.87 -0.46 -5.41
ROCE3)4) % -13.3 0.4 -13.7
         
Operating cash flow € million 70.5 231.3 -160.9
Investments5) € million 139.7 149.6 -9.8
Depreciation and amortization5) € million 359.6 170.6 189.0
         
Total assets € million 8,573.3 9,280.1 -706.8
Non-current assets € million 3,528.1 3,719.2 -191.1
Current assets € million 5,045.2 5,560.9 -515.7
of which inventories € million 1,926.2 2,130.9 -204.7
of which cash and cash equivalents € million 746.1 806.9 -60.8
Equity € million 3,309.6 3,961.4 -651.8
Liabilities € million 5,263.7 5,318.6 -54.9
Non-current liabilities € million 3,315.7 3,030.8 284.9
Current liabilities € million 1,948.0 2,287.8 -339.8
of which due to banks6) € million 110.5 104.8 5.7
Net position due to banks7) € million 375.1 534.8 -159.7
         
Employees        
Personnel expenses € million 761.6 752.3 9.2
Core workforce 06/30/ 23,314 23,334 -20
Total workforce 06/30/ 25,272 25,235 37
Disclosure of financial data in compliance with IFRS
1) Incl. participation in HKM under company law
2) EBIT = EBT + interest expenses/–interest income; EBITDA = EBIT + depreciation and amortization
3) Return on capital employed (ROCE) = EBIT (= EBT + interest expenses excl. interest portion in transfers to pension provisions) divided by the sum of shareholders' equity (excl. calculation of deferred tax), tax provisions, interest-bearing liabilities (excl. pension provision) and liabilities from finance leasing, forfaiting
4) Annualized
5) Excluding financial investments
6) Current and non-current liabilities due to banks
7) Including investments, e.g. securities and structured investments