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. Annual Report 2017/2018. Financial Report; Important key figures 2015 ; Service tools in the online report; Top Links; Further Information; Letter to shareholders Jump to content [AK + s] Jump to navigation [AK + 3] KION GROUP AG The net cash used for investing activities amounted to €237.6 million. Annual Report 2010/2011. Annual report 2017. > TABLE 027, (Condensed) statement of financial position, Prior-year figures were adjusted due to retrospective changes of the purchase price allocation (PPA) for Dematic. Changes in estimates relating to defined benefit pension entitlements resulted in an €18.7 million increase in equity (after deferred taxes). Across more than 100 countries world-wide, the KION Group’s logistics solutions optimise the flow of material and information within factories, ware- Interim Reports 2019 Sustainability Report 2019 (PDF) Annual Report 2019 Jump to content [AK + s] Jump to navigation [AK + 3] Search back. Notes to the financial statements for the 2017 financial year . Choose some of the most important Group key figures and create your own charts, Financial position and financial performance. back. KIN YAT HOLDINGS LIMITED Annual Report for the year ended 31 March 2017 3 CHAIRMAN’S STATEMENT It gives me great pleasure to present the annual results of Kin Yat Holdings Limited (the “Company”) and, together with its subsidiaries (collectively the “Group”), for the financial year ended 31 March 2017 (“FY2017”). Quarterly Report Q2-2017. They are either defined benefit pension plans, defined contribution pension plans or multi-employer benefit plans. 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 Using cash pools, liquidity is managed in such a way that the Group companies can always access the cash that they need. KION Group Annual Report 2018 – Digitalisation is not simply a buzzword in the KION Group. The forecasts in this section are derived from the KION Group’s multiple-year market, business and financial plan, which is based on certain assumptions. What are the reasons for an investment in KION? Annual Report of KION Group including the consolidated financial statements and the combined management report for KION GROUP AG and the Group, the explanatory report on the information required pursuant to sections 289a (1), 315a (1) German Commercial Code and the report of the Supervisory Board for the 2017 financial year [PDF, 3.0 MB] As a result of organic growth, sales increased to EUR 12.8 billion. 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 … KION Group overview in € million 2017 2016 2015 Change 2017/2016 1 Figures as at balance sheet date 31/12/ (adjusted due to. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Quarterly Statement Q1-2017. 26. Annual Report 2017 Interim Reports 2017 Sustainability Report ... the Company will again produce such a report for 2017, which will have to be audited by the Supervisory Board. Interim Report Q3 2020 | KION GROUP AG Our highlights, interim management report as well as interim financial statements and notes. 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. Financial Information 2014 - 2016. Annual Report 2017/2018. Liquidity management is an important aspect of central financial management in the KION Group. Annual Report 2009/2010. These plans comply with legal requirements, standard local practice and thus the situation in the country in question. Deferred tax assets and liabilities also decreased by €13.1 million owing to the Dematic purchase price allocation being finalised. This database is a joint project between nexxar and Message Group. Annual Report 2013/2014. Another important funding activity was the capital increase in May 2017, which generated gross proceeds of €602.9 million. The focus in the 2017 reporting year was on implementing strategic measures under the Strategy 2020. The dividend paid in May 2017 of €0.80 per share resulted in an outflow of funds of €86.9 million. Our Online Report database contains more than 500 links to Annual, Integrated and Sustainability Reports available to browse in HTML. Assumptions. Annual Report 2012/2013. By the end of 2017, tranche A2 (€343.2 million) and tranche B (€1,200.0 million) of the bridge loan and the fixed-term tranche (€350.0 million) of the senior facilities agreement (SFA) had been repaid in full. Segment reports are prepared in accordance with the same accounting policies as the consolidated financial statements, as described in note . Our Online Report database contains more than 500 links to Annual, Integrated and Sustainability Reports available to browse in HTML. 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. Tender Notice KION Group - Annual Report 2017 Report link (base): KION Group - Geschäftsbericht 2017. Because we deploy our strengths in a targeted manner and because our scientific curiosity and … Annual Financial Reports. Highlights. In addition, there is a financial covenant that involves ongoing testing of adherence to a defined maximum level of leverage (the ratio of financial liabilities to EBITDA). Corporate responsibility reports 2000-2013. Annual Report 2008/2009. Collected files; Annual Report 2017; KION GROUP AG Annual Report 2017; Annual report 2017 ; KION Group; KION Group ; To our shareholders The rise in earnings and margins in 2017 was offset by a growth-related increase in net working capital and the volume of leasing, which meant cash flow was down by a total of €181.9 million year on year. 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. This, combined with the netting of deferred tax assets, reduced the deferred tax liabilities by €92.2 million. ... (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. Separate Financial Statements LEG Immobilien AG 2017 (German only) 2016. Page 2 of 43 . 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). The interest-rate risk resulting from the floating-rate tranches is hedged using a number of interest-rate derivatives (cash flow hedges). Annual Report 2017 ; Letter to shareholders; Key Figures; Revenue 2017-2015; Revenue by segment 2017; Employees 2017-2015; Adjusted 47th Annual Report 2017-18 3. Annual report 2016. The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. Consolidated income statement 039 in € million Note 2017 2016 Revenue  7,653.6 5,587.2 Cost of sales –5,699.1 &ndash By 31 December 2017, a total of 36,294 shares had been purchased by staff (31 December 2016: 45,564 shares). Annual Report 2017 [PDF, 3.0 MB] Presentation [PDF, 0.7 MB] Transcript [PDF, 0.2 MB] KION GROUP AG 2017 … What are the reasons for an investment in KION? 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). Annual Report 2007/2008. The KION Group thus has an investment-grade credit rating, helping it to secure more advantageous funding conditions in the capital markets. KION GROUP AG, Wiesbaden . The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. Annual Report 2014/2015. The Group occasionally arranges additional credit lines for KION Group companies with local banks or leasing companies in order to comply with legal, tax and other regulations. The KION Group’s borrowing is based on a long-term approach. About us. 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. Net cash provided by operating activities totalled €615.8 million, which was significantly above the prior-year figure of €414.3 million because Dematic had only made a contribution to operations for the months of November and December in 2016. > TABLE 028. Net income (€426.4 million) and actuarial effects on pensions also boosted the Group’s equity. All covenants were complied with in the past financial year, as had been the case in 2016. Annual report 2015. Annual Report FY 2017/2018. To help increase the proportion of management positions occupied by women, the Executive Board set targets that are published in the corporate governance report. The net cash used for financing activities of €472.5 million was primarily due to the net repayment of financial debt in an amount of €914.7 million, which outweighed the inflows from the capital increase of €598.6 million. Income statement Statement of comprehensive income Statement of financial position Statement of cash flows Statement of changes in Annual Report 2009/2010. 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. Publication of 2017 annual report / Financial statements press conference and analyst call. the KION Group’s 2017 annual report. > TABLE 126 List of shareholdings as at About this database. The KION Group ’s production plants in particular generate a wide variety of waste (> Table 10).In 2017 this amounted to 69,372 tonnes of waste globally across the KON Group (2016: 51,134 tonnes *).The waste is separated locally into its constituent parts, and if it cannot be reused or recycled, is disposed of in accordance with local regulations. 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. The €50.1 million decrease in current financial liabilities compared with the end of 2016 was mainly due to the reduction in the drawdowns under the revolving credit facility. 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). : +49 (0) 211 4568 0 Fax: +49 (0) 211 4568 261 All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. Annual Report FY2015/2016. Annual Report 2017 Preface Report of the Supervisory Board FOR THE 2017 BUSINESS YEAR REPORT OF THE SUPERVISORY BOARD As in the previous year, the MAHLE Group also benefited from a surprisingly stable global market development in the 2017 business year. 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. This equated to 1.7 times the adjusted EBITDA on an annualised basis. These contributions are determined by factors such as the funded status, legal and tax considerations, and local practice. The percentages shown are calculated on the basis of the respective amounts, rounded to the nearest thousand euros. The shareholdings of the KION Group as at 31 December 2017 are listed below. In this way, the KION Group creates a stable funding position from which to maintain profitable growth. Further expansion of the long-term leasing business with end customers in 2017 led to a correspondingly higher funding requirement. KION GROUP AG, Frankfurt am Main 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. This funding enables the KION Group to present a united front in the capital markets and strengthens its hand in negotiations with banks and other market participants. The KPIs were essentially produced based on data from 125 reporting entities. In November 2017, the KION Group employees entitled to participate in KEEP were given the opportunity to buy more KION shares. The capital increase caused a net increase of €599.9 million. Finalisation of the purchase price allocation led to equity as at 31 December 2016 being retrospectively lowered by €39.4 million. 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. 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. 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). This included a large-scale project to update Linde Material Handling’s Aschaffenburg site, where a total of €60 million is being spent on optimising the material flow in production and logistics and will result in more cost-effective production processes by 2021. In addition, the KION Group optimises its financial relationships with customers and suppliers and mitigates the financial risk to its enterprise value and profitability, notably currency risk, interest-rate risk, price risk, counterparty risk and country risk. 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 residual-value liabilities relate to residual-value guarantees provided in connection with the sale of assets to leasing companies, where the guaranteed amount is more than 10.0 per cent of the fair value of the asset in question. 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. The addition of the totals pre - sented may result in minor rounding differences. back. Unless stated otherwise, the description of the course of business (including business performance), position and expected development refers both to the Group and to KION GROUP AG. The number of shares held in treasury therefore stood at 160,829 as at the reporting date (31 December 2016: 164,486). Waste and recycling. 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. Unfolding Strengths. The financial resources within the KION Group are provided on the basis of an internal funding approach. The KION Group supports pension plans in many countries. The KION Group is a publicly listed corporate group and therefore ensures that its financial management takes into account the interests of shareholders, promissory note investors and the banks providing its funding. Dabei kann es aufgrund kaufmännischer Rundung aus der Addition in den Summen zu unwesentlichen Rundungsdifferenzen kommen. The acquisition of employee shares caused a cash outflow of €4.3 million (2016: €2.8 million). The KION Group collects liquidity surpluses of the Group companies in central or regional cash pools and, where possible, covers subsidiaries’ funding requirements with intercompany loans. Smaller acquisitions were carried out in 2017, the total cash payments for which came to €13.3 million net. Your Contact. 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 non-recurring interest payments in 2016 had related to the charges for early redemption of the KION Group’s corporate bond and early repayment of a bond of Dematic. Annual Report 2017. The merger took effect when it was entered in the Annual Report 2007/2008. Annual Financial Statements 2016. It also entered into interest-rate swaps in 2017 in order to hedge interest-rate risk arising on floating-rate financial liabilities. KION Group - Annual Report 2017 Report link (base): KION Group - Geschäftsbericht 2017. Cooperation project. The addition of the totals presented may result in minor rounding differences. Date: Report: Format: File size: Download: 11/11/2020 Quarterly statement for the period ending 30 September 2020: PDF 0.1 MB 08/13/2020 Cooperation project. KION Group – Key figures for 2015 All amounts in this annual report are disclosed in millions of euros (€ million) unless stated otherwise. Phone. 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