Interim Report 1st Half 2007

Salzgitter Group in Figures

  1st Half 2007 1st Half 2006
Sales (consolidated) € million 4,723 4,034 17 %
Steel Division € million 1,464 1,199 22 %
Tubes Division € million 884 828 7 %
Trading Division € million 2,046 1,758 16 %
Services Division € million 263 206 27 %
Other/Consolidation € million 66 43 51 %
of which flat rolled products € million 1,862 1,869 0 %
of which sections € million 693 491 41 %
of which tubes € million 1,297 1,129 15 %
of which export share % 49 55 -11 %
EBT from operations (before special items) € million 664 438 52 %
Earnings before tax (EBT) € million 664 199 234 %
Net income € million 399 130 207 %
Balance sheet total € million 7,472 5,912 26 %
Fixed assets € million 1,712 1,957 -13 %
Current assets € million 5,760 3,955 46 %
Inventories € million 1,788 1,453 23 %
Equity € million 3,752 2,070 81 %
Liabilities € million 3,720 3,842 -3 %
Non-current liabilities € million 2,173 2,059 6 %
Current liabilities € million 1,546 1,783 -13 %
of which due to banks € million 95 214 -56 %
Capital expenditure1) € million 143 87 65 %
Depreciation and amortization1) € million 103 99 4 %
Employees        
Personnel expenses € million 514 479 7 %
Period-average core workforce   17,062 16,970 1 %
Period-average total workforce   18,392 18,281 1 %
Crude steel production2) Tt 3,580 3,687 -3 %
Key figures        
Earnings before interest and tax (EBIT)3) € million 686 212 224 %
EBIT before depreciation and amortization (EBITDA) € million 789 311 154 %
Earnings per share (undiluted) 6,94 2,27 206 %
Return on capital emplyed (ROCE)4) 5) % 31,4 16,6  
Operating cash flow € million 69 -8  

Disclosure of financial data in compliance with IFRS
1) Excluding financial assets
2) In regard of the participations in Hüttenwerke Krupp Mannesmann (and Vallourec in 2006)
3) EBT plus interest paid (excluding interest element in allocations to pension provisions)
4) EBIT in relation to the total of shareholders' equity (without calculat ion of accrued and deferred taxes), tax provisions, interest-bearing liabilities (excluding pension provisions) and liabilities from financial leasing, forfaiting and asset -backed securitization
5) Annualized


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