FAQ on the ThyssenKrupp Group
- What are ThyssenKrupp's main areas of activity?
- What is ThyssenKrupp's market position?
- How many people does ThyssenKrupp employ?
- What are the Group's key figures?
- Interactive comparison of performance indicators
- Where is ThyssenKrupp AG registered?
- Where are the Group's main locations?
- What are the Group's main products?
- What is ThyssenKrupp's strategy?
- When was ThyssenKrupp AG formed?
- What is ThyssenKrupp's approach to shareholder value?
- Is ThyssenKrupp's fiscal year the same as the calendar year?
- Which accounting principles does the ThyssenKrupp Group use?
- Is US GAAP accounting being continued?
What are ThyssenKrupp's main areas of activity?
ThyssenKrupp is mainly active in Steel, Capital Goods and Services, where it has five operating segments: Steel, Stainless, Technologies, Elevator and Services.
- Investors' Factsheet ThyssenKrupp Group, PDF (32KB) As of: November 2007
What is ThyssenKrupp's market position?
ThyssenKrupp's segments are among the leaders in their respective international markets.
How many people does ThyssenKrupp employ?
On September 30, 2006 the ThyssenKrupp Group had round 187,600 employees worldwide.
What are the Group's key figures?
| Key figures (million €) | 2004/2005 | 2005/2006 |
|---|---|---|
| All figures relate to continuing operations. * before taxes |
||
| Order intake | 43,509 | 50,782 |
| Sales | 42,927 | 47,125 |
| EBITDA | 3,809 | 4,700 |
| Income* | 1,677 | 2,623 |
| Employees (Sept. 30) | 185,932 | 187,586 |
Interactive comparison of performance indicators
Interactive comparison of ThyssenKrupp AG performance indicators - how it works:
This interactive function allows you to select and compare key performance indicators from the past five years. Click on the indicators and years you wish to compare to create an individual chart, which can be shown in tabular or bar chart form.
Where is ThyssenKrupp AG registered?
ThyssenKrupp AG is registered in Duisburg and Essen. In 1998 before they merged, Thyssen and Krupp announced they intended to register in Duisburg and Essen to reflect their traditional close links with these cities. A resolution to this effect was passed by the 2000 Annual General Meeting of ThyssenKrupp AG. Despite this, the administrative headquarters remain in Düsseldorf.
Where are the Group's main locations?
In terms of workforce numbers, the biggest locations are Duisburg, Bochum, Dortmund, Düsseldorf and Hamburg.
What are the Group's main products?
ThyssenKrupp is one of the world's biggest technology groups. Our most important products are steel, stainless steel, components and systems for the automotive industry, elevators, escalators, materials trading and service as well as industrial services.
What is ThyssenKrupp's strategy?
ThyssenKrupp focuses on the three areas Steel, Capital Goods and Services, and each of its operating businesses strives to be among the best in the world.
When was ThyssenKrupp AG formed?
ThyssenKrupp AG was formed by the merger of Thyssen AG with Fried. Krupp AG Hoesch-Krupp and was registered on March 17, 1999. Stock market trading began on March 25, 1999.
Issues relating to the merger are dealt with in the brochure "The
of opportunities" issued in October 1998 on the ThyssenKrupp merger. (PDF 1.8MB)
What is ThyssenKrupp's approach to shareholder value?
Our philosophy is to continuously increase the value of the Company by concentrating on businesses that deliver world-class performance. The value-based management system at ThyssenKrupp comprises the following modules:
- Integrated controlling strategy
- Central performance measures
- Target criteria for business units (ranking criteria)
- Resource allocation
- Active portfolio management
- Performance-related incentive systems
Is ThyssenKrupp's fiscal year the same as the calendar year?
No, the fiscal year at ThyssenKrupp runs from October 1 to September 30.
Which accounting principles does the ThyssenKrupp Group use?
Since fiscal year 2005/2006 ThyssenKrupp is reporting according to IFRS (International Financial Reporting Standards). Accounting was previously carried out in accordance with US GAAP (Generally Accepted Accounting Principles). In July 2002 the European Parliament and the Council adopted Regulation No. 1606/2002 on the Application of International Accounting Standards (IAS). This regulation requires companies publicly traded and domiciled in the European Union to prepare their consolidated financial statements in accordance with International Financial Reporting Standards (IFRS) for fiscal years starting on or after January 01, 2005. Accordingly, ThyssenKrupp AG is required to prepare its consolidated financial statements for fiscal year 2005/2006 in accordance with IFRS.
Is US GAAP accounting being continued?
US GAAP accounting is discontinued. The consolidated financial statements for the fiscal year ending September 30, 2005 were our final US GAAP financial statements. Nor will there be any more US GAAP quarterly statements.