english - About Heraeus

More documents

Recommendations

Info

Precious metal supplies are hedged in part using medium-term to long-term purchase agreements. The volumes to be purchased can be resold at any time and without incurring any price risk. Related party transactions Persons or enterprises that control the Heraeus Group, or are controlled by it, are regarded as related enterprises or persons for the purposes of IAS 24 unless they are included as other related companies in the consolidated financial statements as well as the shareholders of Heraeus Holding GmbH. Some of the members of the Supervisory Board of Heraeus Holding GmbH are members of the supervisory boards or boards of management of other companies with which the Heraeus Group maintains relations as part of its ordinary business activities. All dealings with these companies are carried out under the same conditions as are applicable to third parties. All business dealings with unrelated companies and associates are transacted under conditions customary to the market. The following table shows significant trading relationships between Group parties and related companies: Receivables due from Liabilities due to Revenue from Other purchased goods and services in € million 2012 2011 2012 2011 2012 2011 2012 2011 Associates 5.8 5.5 1.5 1.2 30.7 40.9 22.7 95.1 Other related companies 0.6 0.4 – 0.2 2.6 0.8 0.5 – Total 6.4 5.9 1.5 1.4 33.3 41.7 23.2 95.1 The other purchased goods and services received relate mainly to precious metal trading. In addition, during the financial year, Heraeus Holding transferred its shares in another investment at a price customary to the market of € 0.9 million to Einhorn Verwaltungsgesellschaft mbH. 79
80 Auditor’s expenses The expenses for auditing services by KPMG AG Wirtschaftsprüfungsgesellschaft totaled €1.1 million in the financial year. The fee for other services totaled € 0.2 million. Exemption in accordance with Section 264 (3) HGB and Section 264 b HGB The following domestic subsidiaries made use of the exemption rules from Section 264 (3) and Section 264b HGB during the year under review: Heraeus Beteiligungsverwaltungsgesellschaft mbH, Hanau Heraeus Electro-Nite GmbH & Co. KG, Hanau Heraeus Finance GmbH, Hanau Heraeus infosystems GmbH, Hanau Heraeus Kulzer GmbH, Hanau Heraeus Kulzer International GmbH, Hanau Heraeus Kulzer Liegenschaften GmbH & Co. KG, Hanau Heraeus Liegenschafts- und Facility Management GmbH & Co. KG, Hanau Heraeus Liegenschafts- und Facility III Management GmbH & Co. KG, Hanau Heraeus Materials Technology GmbH & Co. KG, Hanau Heraeus Medical GmbH, Wehrheim Heraeus Noblelight GmbH, Hanau Heraeus Noblelight Liegenschaften GmbH & Co. KG, Hanau Heraeus Precious Metals GmbH & Co. KG, Hanau Heraeus Quarzglas GmbH & Co. KG, Hanau Heraeus Quarzglas International GmbH, Hanau Heraeus Sensor Technology GmbH, Hanau Scientific Glass GmbH, Usingen
Page 1 and 2:
Consolidated Financial statements 2
Page 3 and 4:
02 Consolidated Balance sheet of He
Page 5 and 6:
04 Consolidated income statement of
Page 7 and 8:
06 Consolidated Cash Flow statement
Page 9 and 10:
08 notes to the Consolidated Financ
Page 11 and 12:
10 lead to a shift between two item
Page 13 and 14:
12 In business combinations, the ac
Page 15 and 16:
14 Application of new or amended st
Page 17 and 18:
16 aCCoUntinG poliCies Cash and cas
Page 19 and 20:
18 The precious metal trading stock
Page 21 and 22:
20 asset item UseFUl liFe in YeaRs
Page 23 and 24:
22 The classification depends on th
Page 25 and 26:
24 If hedging transactions used to
Page 27 and 28:
26 Pension Regulation II 2001, whic
Page 29 and 30: 28 Scope of consolidation The conso
Page 31 and 32: 30 of Midwest Instrument Company, a
Page 33 and 34: 32 It was possible to cover the pre
Page 35 and 36: 34 (3) The following table shows th
Page 37 and 38: 36 (5) Intangible assets in € mil
Page 39 and 40: 38 Other intangible assets At € 0
Page 41 and 42: 40 In financial year 2012, impairme
Page 43 and 44: 42 (8) (9) Other non-current assets
Page 45 and 46: 44 (10) Trade payables Trade payabl
Page 47 and 48: 46 Non-current provisions for perso
Page 49 and 50: 48 The provisions for pensions and
Page 51 and 52: 50 The fair value of the plan asset
Page 53 and 54: 52 Of the total expenses for pensio
Page 55 and 56: 54 in € million deC. 31, 2012 deC
Page 57 and 58: 56 notes to tHe Consolidated inCome
Page 59 and 60: 58 (17) Other operating income Othe
Page 61 and 62: 60 (20) Financial result The financ
Page 63 and 64: 62 The following deferred tax asset
Page 65 and 66: 64 The item “Change in other net
Page 67 and 68: 66 Interest rate swaps come under t
Page 69 and 70: 68 addition, credit lines with vari
Page 71 and 72: 70 Values of derivative financial i
Page 73 and 74: 72 in € million deC. 31, 2012 FIN
Page 75 and 76: 74 Notes to the income statement Th
Page 77 and 78: 76 Analysis of maturities The follo
Page 79: 78 otHeR disClosURes Contingent lia
Page 83 and 84: 82 name oF CompanY ReGisteRed oFFiC
Page 85 and 86: 84 name oF CompanY ReGisteRed oFFiC
Page 87 and 88: 86 aUditoR’s RepoRt We have audit
Page 90: Heraeus Holding GmbH Corporate Comm
show all

english - About Heraeus

Create successful ePaper yourself

Delete template?

Save as template?