kion annual report 2017

By contrast, cash payments for development (R&D) and for property, plant and equipment were up significantly year on year at €218.3 million (2016: €166.7 million), mainly due to the inclusion of Dematic for the full year. This, combined with the netting of deferred tax assets, reduced the deferred tax liabilities by €92.2 million. The contents of the report relate to the KION Group and all its consolidated subsidiaries. Company Profile; Key Figures; Management; Enter your 10 digit alpha-numeric PAN issued by Income Tax Department (Applicable for both demat shareholders as well as physical shareholders) • Members who have not updated their PAN with the Company/Depository Participant are Because we deploy our strengths in a targeted manner and because our scientific curiosity and … The merger took effect when it was entered in the Annual Report 2013/2014. ... (2017: € thousand 10.450) thereof relating to social security € thousand 242 (2017: € thousand 258) 3.677.473 3.855.569 ... the KION Group’s 2018 annual report. About us. Interim Reports 2020 Sustainability Report 2019 (PDF) Annual Report 2019 Jump to content [AK + s] Jump to navigation [AK + 3] Search back. The capital increase caused a net increase of €599.9 million. Our portfolio encompasses industrial trucks, such as forklift trucks and warehouse equipment, as well as integrated automation technology and software solutions for the optimization of supply chains, including all related services. By contract dated 13 March 2017, KION Holding 2 GmbH was merged into KION GROUP AG; the merger cut-off date was defined as 1 January 2017. Long-term borrowing (net of borrowing costs) was reduced by €864.2 million to €2,024.8 million as at the reporting date. Contributions to pension plans that are entirely or partly funded via funds are paid in as necessary to ensure sufficient assets are available and to be able to make future pension payments to pension plan participants. The number of shares held in treasury therefore stood at 160,829 as at the reporting date (31 December 2016: 164,486). After deduction of cash and cash equivalents, net financial debt amounted to €2,095.5 million (31 December 2016: €2,903.4 million). Our digital strategy sets a course for the Group’s profitable growth in the digital age. Company Profile; Key Figures; Management; We are one of the world’s leading providers of forklift trucks, warehouse equipment and supply chain solutions. The KION Group pursues a conservative financial policy of maintaining a strong credit profile with reliable access to debt capital markets. Ms Jocelyn Ng Ling Hui, Nurse Educator at Ang Mo Kio – Thye Hua Kwan Hospital (AMK-THKH)... read more; Meet Ms Elaine Chew, an air-force technician turn nurse in action! Quarterly reports and statements. It also entered into interest-rate swaps in 2017 in order to hedge interest-rate risk arising on floating-rate financial liabilities. The additional gross borrowings in 2017 amounted to €2,425.3 million and included the issuance of the promissory note with a volume of €1,010.0 million in the first quarter of 2017. The financial resources within the KION Group are provided on the basis of an internal funding approach. > TABLE 029, Effect of foreign exchange rate changes on cash, Choose some of the most important Group key figures and create your own charts, Financial position and financial performance, Overall assessment of the economic situation, Business situation and financial performance of the KION Group, Business situation and financial performance of the segments, Outlook, risk report and opportunity report, Consolidated statement of financial position, Notes to the consolidated statement of financial position. Lease liabilities arising from sale and leaseback transactions to fund the long-term leasing business with end customers increased to €1,131.1 million (31 December 2016: €1,007.2 million). Strategic activities in 2017. By using the proceeds from the capital increase carried out in May 2017 and making other repayments, the KION Group reduced its current and non-current financial liabilities to €2,268.7 million (31 December 2016: €3,183.0 million). More Information. Of this total, €798.2 million related to non-current and €332.9 million to current lease liabilities. In accordance with statutory requirements and the recommendations of the German Corporate Governance Code (DCGK) as amended on 7 February 2017, this remuneration report explains the main features and structure of the remuneration system used for the Executive Board and Supervisory Board of KION GROUP AG and also discloses the remuneration of the individual members of the Executive … The dividend paid in May 2017 of €0.80 per share resulted in an outflow of funds of €86.9 million. The focus in the 2017 reporting year was on implementing strategic measures under the Strategy 2020. About this database. Capital expenditure in the Supply Chain Solutions segment related to capitalised development costs and, above all, software, licences and the new production facility in the Czech Republic. The KION Group supports pension plans in many countries. As at 31 December 2017, the retirement benefit obligation under defined benefit pension plans amounted to a total of €1,002.7 million, which was only slightly higher than the figure at the end of 2016 of €991.0 million. The promissory note is divided into several tranches that mature in May 2022, April 2024 and April 2027 and have floating-rate or fixed coupons. Annual report 2016. Annual Report 2019. For the Business Year 2020 no annual financial reports have been published. As at the reporting date, other financial liabilities included liabilities of €493.8 million (31 December 2016: €440.0 million) arising from sale-and-leaseback transactions used to finance the short-term rental fleet. Symrise is one of the world’s most successful manufacturers of fragrances and flavors. The optimisation of cash management caused cash and cash equivalents to fall to €173.2 million at the end of 2017 (31 December 2016: €279.6 million). The total carrying amount for liabilities in connection with share-based remuneration was €38.1 million as at 31 December 2017 (31 December 2016: €37.4 million). In fact, it has been a firm part of our DNA for years. Annual reports 1998-2013. More Information. KION GROUP AG, Frankfurt am Main Liquidity management is an important aspect of central financial management in the KION Group. Highlights. Section 1 of this Annual Report 2017 constitutes our Strategic Report 2017. The KION Group maintains a liquidity reserve in the form of unrestricted, agreed and confirmed credit lines and cash in order to ensure long-term financial flexibility and solvency. Order a printed copy of the Annual Report by email. Interim Reports 2019 Sustainability Report 2019 (PDF) Annual Report 2019 Jump to content [AK + s] Jump to navigation [AK + 3] Search back. Annual Report 2015/2016. Annual Report 2017/2018. Transfers to external pension funds resulted in payments of €0.3 million. The addition of the totals presented may result in minor rounding differences. Annual Report 2017 [PDF, 3.0 MB] Presentation [PDF, 0.7 MB] Transcript [PDF, 0.2 MB] KION GROUP AG 2017 … Annual Report 2017 ; Letter to shareholders; Key Figures; Revenue 2017-2015; Revenue by segment 2017; Employees 2017-2015; Adjusted Oct. 2017-10-26. Collected files; Annual Report 2017; KION GROUP AG Annual Report 2017; Annual report 2017 ; KION Group; KION Group ; To our shareholders Tender Notice Non-compliance with the covenants or with the defined maximum level of leverage as at a particular reporting date may potentially give lenders a right of termination or lead to an increase in interest payments. The addition of the totals pre - sented may result in minor rounding differences. The net cash used for investing activities amounted to €237.6 million. Quarterly Report Q2-2017. Separate Financial Statements LEG Immobilien AG 2017 (German only) 2016. > TABLES 120 – 121 show information on the KION Group’s operating segments for 2018 and 2017. Cooperation project. KION GROUP AG annual/quarterly revenue history and growth rate from 2016 to 2019. Cooperation project. Annual Report 2007/2008. KION Group - Annual Report 2017 Report link (base): KION Group - Geschäftsbericht 2017. A list of these reporting entities is provided in Table 126 of the KION Group Annual Report 2017. The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. Taking into account the credit facility that was still freely available, the unrestricted cash and cash equivalents available to the KION Group as at the reporting date amounted to €1,138.0 million (31 December 2016: €1,200.8 million). Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Annual Report 2017. Annual Report FY 2016/2017. This included contributions of €8.9 million that had to be paid under existing minimum funding provisions for defined benefit pension plans in the United Kingdom and US. Annual Report 2019 KION GROUP AG Company profile The KION Group is a global leader in industrial trucks, warehouse technology, related services and supply chain solutions. The net change of minus €205.8 million arising from the expansion of the rental business (including liabilities from finance leases) was bigger than the prior-year net change of minus €158.2 million. Smaller acquisitions were carried out in 2017, the total cash payments for which came to €13.3 million net. Segment reports are prepared in accordance with the same accounting policies as the consolidated financial statements, as described in note [6]. The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. Annual Report FY 2017/2018. Notes to the financial statements for the 2017 financial year . The acquisition of employee shares caused a cash outflow of €4.3 million (2016: €2.8 million). Since September 2017, rating agency Standard & Poor’s has classified the KION Group as BB+ with a positive outlook, while the rating from Fitch Ratings has been BBB– with a stable outlook since January 2017. The individual tranches of this borrowing will become due for repayment in the years 2021 to 2027. Annual Report 2012/2013. The net cash used for current interest payments rose to a total of €58.1 million in 2017 due to higher average net debt during the year (2016: €46.7 million excluding early repayment charges paid of €29.6 million). Assumptions. The net obligation under defined benefit pension plans was almost unchanged year on year at €978.5 million (31 December 2016: €978.7 million). Annual Report 2012/2013. Net income (€426.4 million) and actuarial effects on pensions also boosted the Group’s equity. : +49 (0) 211 4568 0 Fax: +49 (0) 211 4568 261 Annual Report 2009/2010. Our Online Report database contains more than 500 links to Annual, Integrated and Sustainability Reports available to browse in HTML. What are the reasons for an investment in KION? Annual Report 2015/2016. Unfolding Strengths. As a result of organic growth, sales increased to EUR 12.8 billion. Quarterly information 127 in € million Q4 2017 Q3 2017 Q2 2017 Q1 2017 Order intake 2,279.6 1,847.2 1,970.5 1,881.7 thereof KION GROUP AG, Wiesbaden . The KION Group therefore seeks to maintain an investment-grade credit rating in the capital and funding markets by rigorously pursuing a value-based strategy, implementing proactive risk management and ensuring a solid funding structure. The KION Group’s total capital expenditure on property, plant and equipment and on intangible assets (including capitalised development costs and excluding leased and rental assets) came to €218.3 million in the reporting year. Jump to content [AK + s] Jump to navigation [AK + 3] ... All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. The overall assessment of the financial situation of the KION Group compares the outlook included in the 2017 combined management report with actual performance in 2018. Free cash flow – the sum of cash flow from operating activities and investing activities – amounted to €378.3 million (2016: minus €1,850.0 million). Depending on requirements and the market situation, the KION Group will also avail itself of the funding facilities offered by the public capital markets in future. Annual Report 2017/2018. Page 2 of 43 . KION Group overview in € million 2017 2016 2015 Change 2017/2016 1 Figures as at balance sheet date 31/12/ (adjusted due to. Tranche A2 of the AFA (€343.2 million), tranche B of the AFA (€1,200.0 million) and the fixed-term tranche of the SFA (€350.0 million) were repaid in full in the year under review. We are one of the world’s leading providers of forklift trucks, warehouse equipment and supply chain solutions. Annual Report 2008/2009. In this way, the KION Group creates a stable funding position from which to maintain profitable growth. Annual Report 2011/2012. Income statement Statement of comprehensive income Statement of financial position Statement of cash flows Statement of changes in All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. Annual Report 2014/2015. The management report published in the 2017 annual report combines the group management report and the management report of KION GROUP AG. Non-current liabilities also included deferred tax liabilities of €665.2 million, which were down significantly compared with the end of the previous year (31 December 2016: €882.5 million) owing to the lowering of the corporate income tax rate that was approved in the United States. This was significantly less than the prior-year figure of €2,264.3 million, which had been heavily influenced by the net cash outflow of around €2.1 billion for the acquisition of Dematic. Chain solutions a printed copy of the respective amounts, rounded to the nearest thousand euros to arrive at income! 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