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Salzgitter Group in Figures

		FY 2001	FY 2002	FY 2003	FY 2004¹⁾	FY 2005
Sales (consolidated)	€ mil.	4,593	4,741	4,842	5,942	7,152
Steel Division	€ mil.	1,397	1,430	1,432	1,946	2,177
Tubes Division	€ mil.	985	1,121	921	1,016	1,407
Trading Division	€ mil.	1,877	1,729	2,027	2,642	3,244
Services Division	€ mil.	216	232	241	338	324
Processing Division	€ mil.	118	229	221	−	−

of which flat rolled products	€ mil.	1,948	2,049	2,409	3,013	3,379
of which sections	€ mil.	909	809	596	794	793
of which tubes	€ mil.	1,227	1,308	1,236	1,284	1,908
of which export share	%	54	54	52	53	55

Income from ordinary operations (EBT)²⁾	€ mil.	160	72	42	323	941
Net income for the year	€ mil.	144	66	28	247	842

Balance sheet total	€ mil.	3,809	3,807	3,673	4,236	5,414
Noncurrent assets³⁾	€ mil.	1,843	1,975	1,879	1,918	1,900
Current assets⁴⁾	€ mil.	1,966	1,832	1,794	2,318	3,514
Inventories	€ mil.	879	869	919	1,081	1,439
Shareholders' equity⁵⁾	€ mil.	1,085	1,027	980	1,121	2,012
Borrowings⁶⁾	€ mil.	2,724	2,780	2,693	3,115	3,402
Noncurrent debts⁷⁾	€ mil.	1,947	1,884	1,892	1,902	2,079
Current debts⁸⁾	€ mil.	777	896	801	1,213	1,323
of which due to banks	€ mil.	178	177	196	175	178
Capital expenditure⁹⁾	€ mil.	285	251	191	228	262
Depreciation and amortization⁹⁾	€ mil.	210	220	248	313	206

Employees
Personnel expenses	€ mil.	843	940	935	926	994
Workforce (annual average)		17,664	18,872	18,154	17,625	17,583
Personnel expenses per employee	T €	48	50	51	53	57
Crude steel production¹⁰⁾	kt	8,151	8,209	8,562	6,932	7,142

Key figures
Earnings before interest and taxes (EBIT)¹¹⁾	€ mil.	179	93	61	346	970
EBIT before depreciation and amortization (EBITDA) ¹²⁾	€ mil.	389	313	309	667	1,186
Return on capital employed (ROCE)¹³⁾	%	13.6	7.3	4.6	24.4	38.9
Cash flow	€ mil.	117	157	223	352	468

1) Values for FY 2004 adjusted to the new Group structure and balance sheet reporting regulations
2) Earnings before taxes
3) Fixed assets until 2003
4) Current assets until 2003
5) Including minority interests from 2004 onwards
6) Excluding minority interests from 2004 onwards
7) Provisions until 2003
8) Liabilities until 2003
9) Excluding financial investments
10) Since 2001 SZFG, PTG and MRW-/V&M interests in Hüttenwerke Krupp Mannesmann (HKM) and V&M France and V&M do Brasil, from July 2002 also including V&M Star; from 2004 calculated on the basis of the changed shareholdings in HKM and Vallourec
11) EBT plus interest expenses (excluding the interest portion of allocations to pension provisions)
12) From 2004 including amortization of financial assets
13) EBIT divided by the sum of shareholders' equity, tax provisions and interestbearing liabilities (from 2003 excluding deferred tax assets and liabilities); from 2005 including liabilities from financial leasing, forfaiting and asset-backed securitization

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