Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (June 2011)
19 slides from Siemens Aktiengesellschaft's investor day presentation, Jun 28, 2011
Slide 1: SNC – Global Responsibility for the Entire Value Chain
SNC – Global Responsibility for the Entire Value Chain Siemens Nanjing Lin Bin Capital Market Days "Emerging Markets" Shanghai, June 28, 2011 Copyright © Siemens AG 2011. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified by words such as “expects,” “looks forward to,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,”
Slide 3: IA&DT China – Operating company SNC, Nanjing
IA&DT China – Operating company SNC, Nanjing Location: Nanjing Founding: 1996 SLC1) Shareholding: 80% Employees: 961 Covering area: 33,865 m² Production / Office: 8,590 / 7,500 m² Computer Numeric Controls (CNC) Programmable Logic Controllers (PLC) Human Machine Interface (HMI) Standard
Slide 4: Siemens Nanjing – rapid growth and global business
Siemens Nanjing – rapid growth and global business Phase III extension together with German Chancellor Angela Merkel Start of SIMATIC production Phase II Extension Full value Start to take over of chain in Start of Joint- Venture RD responsibility Nanjing 1996 2000 2003 2004 2005 2006 2007 2008 2009
Slide 5: From domestic focus to world class performance
From domestic focus to world class performance Focus on China domestic market Asia & world market Low volume products High volume products R&D mainly focused on product care Development of new products Local project organization International project organization Standard production system Lean prod
Slide 6: Competence development – Productivity improvement
Competence development – Productivity improvement Going lean… …pays off Lean Journey of SNC Lead time Productivity Units / employee One piece flow 6 sigma SFM VAG Assembly Material -47% +33% Cell Flow CIP/ VSM 3i 5S TPM '05 '06 '07 '08 '09 '10 '11 Units per head 2008 Today 2008 Today Defects per mil
Slide 7: 3.3 m units installed in the market
LOGO! Best selling micro automation module (PLC) LOGO! Product Full localization in Nanjing Local design Local manufacturing and procurement Successful export to Asia & world market Simple installation, minimum wiring, easy programming – for small-scale automation projects 3.3 m units installe
Slide 8: Established full business responsibility in Nanjing in 2010
Established full business responsibility in Nanjing in 2010 Joined Siemens in 1997 General Management Value chain Product Delivery, Sales & R&D Sourcing Manufacturing Management Service SMART 4 3 2 1 Locali- zation Product Further ramp Responsible Enhance lean Responsibility steps Portfoli
Slide 9: Innovations to fuel sustainable future growth
Innovations to fuel sustainable future growth Revenue estimates ness busi l new a ion ddit Total 7 A new products + 2 New product + 3 New families + 2 New product Existing product families products families FY11 FY12 FY13 FY14 FY15 Page 9 Capital Market Days "Emerging Markets", Shanghai, June 28, 20
Slide 10: All competencies to develop products meeting our customers' requirements
All competencies to develop products meeting our customers' requirements Machine test and customer training center Developing the robust, competitive product families and systems under consideration of customers requirements Outdoor machine test center Hardware and System & Project Software Mechanic
Slide 11: Promote sense of belonging – Grow together with company success
Promote sense of belonging – Grow together with company success Management training SNC leadership program Exchange program with other locations Establish postdoctoral station for research projects areer mt. Attend in a advanced technical course in university Line Mgmt. t Mg C Join publi
Slide 12: With global responsibility for the whole value chain we will grow faster in the Emerging Markets
With global responsibility for the whole value chain we will grow faster in the Emerging Markets 1 Infrastructure is established 2 Innovative products are in the pipeline 3 Lean principles will be implemented across the entire value chain 4 Best people will further grow together with our success Pag
Slide 13: Reconciliation and Definitions for Non-GAAP Measures (I)
Reconciliation and Definitions for Non-GAAP Measures (I) To supplement Siemens’ Consolidated Financial Statements presented in accordance with International Financial Reporting Standards, or IFRS, Siemens presents the following supplemental financial measures: New orders and order backlog; Adjus
Slide 14: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) New orders and order backlog (continued) Order backlog represents an indicator for the future revenues of our Company resulting from already recognized new orders. Order backlog is calculated by adding the new orders of the current fiscal yea
Slide 15: Reconciliation and Definitions for Non-GAAP Measures (III)
Reconciliation and Definitions for Non-GAAP Measures (III) Return on equity (after tax), or ROE (after tax) In line with common practice in the financial services industry, Financial Services, or SFS uses return on equity (after tax), or ROE (after tax), as one of its key (after tax) profitability m
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (IV)
Reconciliation and Definitions for Non-GAAP Measures (IV) Free cash flow and cash conversion rate Siemens defines Free cash flow as Net cash provided by (used in) operating activities less Additions to intangible assets and property, plant and equipment. The IFRS financial measure most directly comp
Slide 17: Reconciliation and Definitions for Non-GAAP Measures (V)
Reconciliation and Definitions for Non-GAAP Measures (V) Adjusted EBITDA margins at the Sector level Siemens defines adjusted EBITDA margins on the Sector level as the ratio of adjusted EBITDA to revenue (as presented in the “Notes to Consolidated Financial Statements”). Siemens intends to maintain
Slide 18: Reconciliation and Definitions for Non-GAAP Measures (VI)
Reconciliation and Definitions for Non-GAAP Measures (VI) Limitations on the usefulness of Siemens’ supplemental financial measures The supplemental financial measures reported by Siemens may be subject to limitations as analytical tools. In particular: With respect to new orders and order backlog
Slide 19: Revenue growth - Performance against competition Definition
Revenue growth - Performance against competition Definition Revenue growth - Performance against competition To illustrate management’s perspective on the Company’s performance against competition, Siemens compares its own revenue growth rate with the weighted average revenue growth rate of its Sect