Key Data

		FY 2009	FY 2008	FY 2007	FY 2006	FY 2005
External sales	€ m	7,818	12,499	10,192	8,447	7,152
Steel Division	€ m	1,674	3,002	2,852	2,440	2,177
Trading Division	€ m	3,039	5,622	4,385	3,971	3,244
Tubes Division	€ m	2,045	2,172	1,815	1,510	1,407
Services Division	€ m	303	519	504	425	324
Technology Division1)	€ m	718	1,038	513	–	–
Other/Consolidation	€ m	41	146	123	101	–
Earnings before tax (EBT)	€ m	– 496	1,003	1,314	1,8552)	941
EBT by division
Steel Division	€ m	– 374	546	749	434	431
Trading Division	€ m	– 128	151	213	201	88
Tubes Division	€ m	104	312	303	263	4413)
Services Division	€ m	8	24	40	15	9
Technology Division1)	€ m	– 210	4	4	–	–
Other/Consolidation	€ m	1034)	– 324)	5	9422)	– 28
Net income for the year	€ m	– 387	677	905	1,510	842
Balance sheet total	€ m	8,052	8,701	8,406	6,978	5,414
Non-current assets	€ m	3,184	2,918	2,168	1,631	1,900
Current assets	€ m	4,868	5,783	6,238	5,347	3,514
Inventories	€ m	1,466	2,551	2,084	1,653	1,439
Shareholders’ equity	€ m	3,904	4,346	4,246	3,457	2,012
Liabilities	€ m	4,147	4,355	4,160	3,521	3,402
Non-current liabilities	€ m	2,553	2,380	2,380	2,187	2,079
Current liabilities	€ m	1,595	1,975	1,780	1,334	1,323
of which due to banks	€ m	955)	132	119	140	178
Investments6)	€ m	677	653	385	236	262
Depreciation and amortization6)	€ m	543	278	225	201	206
Employees
Personal expenses	€ m	1,397	1,472	1,232	1,014	994
Annual average core workforce7)	empl.	23,769	23,866	20,072	16,949	17,184
Annual average total workforce8)	empl.	25,639	25,628	21,648	18,352	18,499
Crude steel production9)	kt	4,918	6,901	7,325	7,363	7,142
Key figures
Earnings before interest and tax (EBIT)10)	€ m	– 468	1,072	1,351	1,901	970
EBIT before depreciation and amortization (EBITDA)	€ m	100	1,362	1,581	2,102	1,186
Return on capital employed (ROCE)11)	%	– 10.5	21.9	28.0	47.8	38.9
Cash flow	€ m	1,190	547	781	488	468

1) Companies of the Technology Division consolidated as per July 1, 2007; EBT including effects of purchase price allocation
2) Including proceeds from sale/hedging of VLR shares of € 907 million
3) Excluding contribution from the sale of V&M and VLR activities; assigned to the ”Other/Consolidation” item
4) Including amortization of goodwill
5) Current and non-current liabilities to banks
6) Excluding financial investments
7) Excluding trainees and non-active age-related part-time employees
8) Including trainees and non-active age-related part-time employees
9) Taking consideration of share in HKM under company law
10) EBT plus interest paid (excluding the interest portion of allocations to pension provisions)
11) EBIT divided by the sum of shareholders’ equity, tax provisions and interest-bearing liabilities (from 2005 including liabilities from finance leasing, forfaiting and asset-backed securitization)