Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (March 2010)
17 slides from Siemens Aktiengesellschaft's investor day presentation, Mar 26, 2010
Slide 1: Siemens Industry – Mobility Division
Siemens Industry – Mobility Division Dr. Hans-Jörg Grundmann CEO Mobility Division Capital Market Days 'Industry' Munich, March 26, 2010 © Siemens AG 2010. 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: Mobility in 2009: Reshaped and reformed
Mobility in 2009: Reshaped and reformed Our commitment at the Our achievements in 2009 last Capital Market Day Not only profitable, but already within Profitability target margin range despite crisis – thanks to Mobility in Motion o tion Successfully adjusted production in M capacity to market dev
Slide 4: 2010: Completion of Mobility in Motion and preparing for growth
2010: Completion of Mobility in Motion and preparing for growth 2008 2009 2010 Successfully accomplished Capacity in line with demand Mobility in Motion – Project risks under control still delivering in 2010: (no new material provisions) Continue disciplined Organization streamlined implemen
Slide 5: Ongoing portfolio improvement
Ongoing portfolio improvement Divestment of Airfield Lighting Investment in joint venture "Voskhod" Infrastructure Logistics Rolling Stock Mobility sold ADB Airfield Locomotives for Russian Railways Solutions to Montagu Private Agreed with Sinara in May 2009 to set Equity in September 2009 up
Slide 6: 2009 and Q1 2010: Outstanding worldwide orders
2009 and Q1 2010: Outstanding worldwide orders Sorting machines Deutsche Post S70 Light Rail €m 420 San Diego €m 140 Sleeping cars New truck Russian Railways tolling system €m 320 €m 80 Refurbishment Metro Sao Paulo €m 65 GSM-R technology €m 76 Page 6 March 26, 2010 Capital Market Days 'Industry' ©
Slide 7: Solid financial performance of Mobility
Solid financial performance of Mobility Fiscal Year First Quarter €bn New 7.8 1.9 6.8 1.9 Orders 2008 2009 Q1 2009 Q1 2010 €bn Revenue 5.8 6.4 1.6 1.6 2008 2009 Q1 2009 Q1 2010 €m 6.1% 10.4% 5.4% - 3.9% 390 Profit 165 (% of Rev.) 85 -230 2008 2009 Q1 2009 Q1 2010 Page 7 March 26, 2010 Capital Market
Slide 8: Market with stable growth potential
Market with stable growth potential Development of Mobility market *) Recently won project €bn CAGR 2009-15 (%) 103 3 93 54 Desiro trains 85 25 2 for Sochi 22 Asia, 22 Australia 19 6 15 Americas 14 Future business potential Europe, 56 59 3 CIS, ME, 49 Siemens preferred Africa bidder for ICx tender t
Slide 9: Green technology: A "Must Have" for our customers
Green technology: A "Must Have" for our customers Market demands Green Mobility solutions Customer comments Green Mobility Portfolio "We want to reduce our mobility-related Desiro City UK CO2- emissions 20% by 2020." Energy consumption reduced by 50% Deutsche Bahn AG, Annual Report 2009 Weight r
Slide 10: Streamlined organization for greater market success
Streamlined organization for greater market success Mobility Division Green Mobility Solutions Rail: Rolling Velaro Stock #3 Energy consumption is 0.33 l per 100 km per seat Rail 75% less emissions Automation #1 compared to an aircraft Road: Complete Transportation #1 Traffic Management City of
Slide 11: Innovations – The key to Mobility's success
Innovations – The key to Mobility's success Competitive platforms New low-energy Eurobalise e.g. Desiro ML (Rail Automation) High flexibility supports Energy reduction up to 95% reduction of maintenance allowing for decentralized costs energy supply (e.g. solar Storage of braking energy panels)
Slide 12: Mobility is on track and gaining speed
Mobility is on track and gaining speed Mobility in Motion – Focus on profitability Our promise – Profitable growth PROFIT PROFIT Get closer to markets Platforms and customers GROWTH Project Execution Exploit advantages of platforms Supply Chain/ Manufacturing Focus on high-margin business (e.g. Serv
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 Adjust
Slide 14: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) New orders and order backlog (continued) New orders are generally recognized immediately when the relevant contract becomes legally effective and binding. The only exception are orders with short overall contract terms. In this case, a separa
Slide 15: Reconciliation and Definitions for Non-GAAP Measures (III)
Reconciliation and Definitions for Non-GAAP Measures (III) Return on equity, or ROE In line with common practice in the financial services industry, Siemens Financial Services (SFS) uses return on equity, or ROE, as one of its key profitability measures. Siemens defines ROE as annualized Income befo
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (IV)
Reconciliation and Definitions for Non-GAAP Measures (IV) EBITDA (adjusted) and EBIT (adjusted) Siemens defines EBITDA (adjusted) as EBIT (adjusted) before amortization (which in turn is defined as Amortization and impairments of intangible assets other than goodwill) and Depreciation and impairment
Slide 17: Reconciliation and Definitions for Non-GAAP Measures (V)
Reconciliation and Definitions for Non-GAAP Measures (V) Limitations Associated with Siemens’ Supplemental Financial Measures The supplemental financial measures reported by Siemens may be subject to limitations as analytical tools. In particular: With respect to adjusted or organic growth rates o