Interim Report 9 Months 2009

Others/Consolidation

    Q3 2009 Q3 2008 9M 2009 9M 2008
Total Sales1) € million 49.1 148.6 149.6 432.2
External sales € million 13.5 25.2 33.9 105.9
Earnings before tax (EBT) € million -7.7 16.5 -1.9 -4.0

1) Incl. sales to other corporate divisions

Sales in the Other/Consolidation segment, which are based on business in semi-finished products with subsidiaries and external parties, fell to € 149.6 million during the period under review, a development mainly attributable to changes in internal supplier relationships for input materials. External sales declined to € 33.9 million (third quarter 2008: € 105.9 million) as a result of slack demand by external customers.

The result before tax came to € -1.9 million, thereby settling around the level of the year-earlier period. This figure also comprises the 23 % stake in Aurubis AG (NAAG), a company included at equity since the start of the financial year. After deduction of the purchase price allocation of € 4.0 million, obligatory under IFRS, NAAG contributed a gratifying € 34.7 million in profit after tax to the consolidated result.


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