Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (February 2006)
23 slides from Siemens Aktiengesellschaft's investor day presentation, Feb 23, 2006
Slide 1: Power Generation – Profitable Growth in Changing Markets
Power Generation – Profitable Growth in Changing Markets Klaus Voges, Group President Capital Market Days February 23-24, 2006
Slide 2: Safe harbor statement
Safe harbor statement This presentation contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified either orally or in writing by words as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estima
Slide 3: Comprehensive product and service portfolio – Leading market positions in nearly all businesses
Comprehensive product and service portfolio – Leading market positions in nearly all businesses Fossil Power Industrial Instrumentation Wind Generation (F) Applications (I) and Control (L) Power (R) Business Large gas turbines Small and medium gas Instrumentation and Wind turbines from activitie
Slide 4: Strong portfolio generating profitable growth and changing business mix
Strong portfolio generating profitable growth and changing business mix Orders in € billions ~ 11% p.a. 10.9 Wind I&C Industrial 5.8* I&C Industrial Fossil Fossil FY 1999 FY 2005 Siemens Capital Market Days, February 23-24, 2006 Page 3 * without Nuclear and Hydro
Slide 5: Megatrends urbanization, environmental care and scarce natural resources resulting in multiple opportunities
Megatrends urbanization, environmental care and scare natural resources resulting in multiple opportunities Global challenges Market opportunities More than 70% increase in worldwide Well balanced energy mix (fossil, nuclear and power consumption by 2020 renewable) to address reliability of supp
Slide 6: Fossil power and Asia are the largest markets
Fossil power and Asia are the largest markets Power Plants Regions GW/a GW/a 195 195 188 188 12 Small Gen* 12 7 Nuclear 31 West Europe 3 24 4 10 Eastern 43 43 STPP Europe/CIS China 57 Asia/ “Fossil” Australia Power 83 share: China 55 51 CCPP Generation 94 55 10 GTPP 14 "Industrial Appli- 24 cations"
Slide 7: The future energy landscape will be environmental-friendly and integrated
The future energy landscape will be environmental-friendly and integrated Unconventional Oils (tar sands, oil shales) Deep Sea Exploration Off-shore Windpark Gas Liquefaction LNG Gas To Liquids GTL Nuclear Power Plant Flue Gas Cleaning (Scrubbers, Mercury) Hydrogen Economy Power Plant Integrated Gas
Slide 8: Active management leads to a well-balanced growth portfolio
Active management leads to a well-balanced growth portfolio Joint Acquisitions PG F PG I PG L PG R Ventures Divestiture Framatome Parsons 1997 ANP2 34% (formerly KWU Nuclear Div.) Westinghouse 1998 Voith Siemens Hydro Demag Delaval 2001 35% (formerly KWU Hydro Div.) Alstom 2003 Cooperation Ind. Turb
Slide 9: PG successfully entered the growing wind market
PG successfully entered the growing wind market Strength of Bonus Combination of strengths lead to Strength of Siemens Further penetration of global Financial strength Reliable technology wind markets Global distribution network Strong customer base Multiple large project handling Loca
Slide 10: With the acquisition of Wheelabrator PG enters the market for environmental compliance
With the acquisition of Wheelabrator PG enters the market for environmental compliance Who is Wheelabrator? Founded in 1913, Wheelabrator is now located with ~145 employees in Pittsburgh and Milton producing Fabric Filters, Electrostatic Precipitators, Flue Gas Desulphurization Systems, NOx and anci
Slide 11: Further extension of service businesses contributing to our future profitability
Further extension of service businesses contributing to our future profitability Fossil Power Generation: Stabilized base and organic growth: Steam turbine service: higher investments in upgrades Gas turbine: increasing installed fleet of new units Service order entry Accelerated growth derived
Slide 12: Leveraging broad product and service capabilities of Siemens One within the Oil & Gas industry
Leveraging broad product and service capabilities of Siemens One within the Oil & Gas industry Total accessible Oil & Gas market for Siemens Total Siemens orders in Oil & Gas in € billions indexed + 5% p.a. ~ 37 + 11% p.a. 190 29 Other Groups Other Groups (I&S, A&D and (I&S, A&D and PTD) PTD) 100 PG
Slide 13: Innovations to enter new target markets (Examples)
Innovations to enter new target markets (Examples) New target markets Innovations Oil & Gas: Compressor for sub-sea applications Sub-sea compression is a key element for sub-sea Oil & Gas production Cooperation agreement with FMC Technologies Sole possibility for production in arctic or harsh
Slide 14: Innovations will ensure future growth of our core businesses (Examples)
Innovations will ensure future growth of our core businesses (Examples) Core Business Innovations Fossil Power Generation: Worldwide largest gas turbine Gas turbine SGT5-8000H Large gas turbines & CCPP SGT5-8000H Fuel Gas, Oil Output 340 MW Efficiency 39% Combined cycle SCC5-8000H Output 5
Slide 15: Established initiatives ensure improvements in performance and cost position
Established initiatives ensure improvements in performance and cost position Fossil Power Generation: Harmonization of gas turbine families (Siemens, Westinghouse) resulting in reduction of complexity, cost reduction in engineering, purchasing and service Industrial Applications: Harmonization o
Slide 16: Regional growth: PG is a leading player in the Near and Middle East
Regional growth: PG is a leading player in the Near and Middle East Key facts about our recent success: Recently awarded IPP-projects & IWPP Shubaibah Project, Saudi Arabia in the GCC Area Bahrain Qatar El Ezzel I; Ras Laffan B IWPP 2,000 MW Power; 100 MIGD 750 MW Power; 50 MIGD UAE • New Taweelah B
Slide 17: Regional growth: PG is well positioned to participate in China's future power generation market
Regional growth: PG is well positioned to participate in China’s future power generation market PG’s set up in China: PG’s activities and successes in China: Siemens PG activities in China are handled by Siemens Ltd., China including 8 joint ventures (Siemens share in percentage): – Shanghai Turbi
Slide 18: Regional growth: PG has a strong footprint within India's Fossil and Industrial Applications
Regional growth: PG has a strong footprint within India’s “Fossil” and “Industrial Applications” Siemens Fossil power plants PG’s activities and successes in India: in operation/ construction: Fossil Power Generation: 35% of installed capacity of fossil power plants in India are Dadri 817 MW based
Slide 19: Investment in Power Machines as a door opener to the important Russian power generation market
Investment in Power Machines as a door opener to the important Russian power generation market Key facts about our recent Reasons for investing in Power Machines investment in Power Machines Investment in Power Machines: Low-cost Manufacturing: Siemens acquired 20.62% in – Manufacturing capaciti
Slide 20: PG's strategy to strengthen market positions and to maintain profitable growth
PG’s strategy to strengthen market positions and to maintain profitable growth Strengthen new power plant business – Partnering initiative, selective engagement in turnkey business – Develop customer-oriented products and solutions (e.g. IGCC, LNG) Expand service business – Better penetration of
Slide 21: The future energy landscape will be environmental-friendly and integrated
The future energy landscape will be environmental-friendly and integrated Unconventional Oils (tar sands, oil shales) Deep Sea Exploration Off-shore Windpark Gas Liquefaction LNG Gas To Liquids GTL Nuclear Power Plant Flue Gas Cleaning (Scrubbers, Mercury) Hydrogen Economy Power Plant Integrated Gas
Slide 22: Reconciliations and definitions
Reconciliations and definitions ”Group profit from Operations” is reconciled to ”Income before income taxes” of Operations under ”Reconciliation to financial statements” on the table ”Segment information.” See ”Financial Reports/Fiscal 2006, Quarter 1 / Financial Statements” at our Investor Relation
Slide 23: Siemens Investor Relations Team
Siemens Investor Relations Team Marcus Desimoni +49-89-636-32445 Frank Heffter +49-89-636-34095 Irina Pchelova +49-89-636-33693 Christina Schmöe +49-89-636-32677 Susanne Wölfinger +49-89-636-30639 Webpage: http://www.siemens.com Investor Relations e-mail: investorrelations@siemens.com Fax: +49-89-63