b Extracción de ARN y RT-PCR

Compared with September 30, 2013, total assets increased altogether by €748 million to €36,045 million. This includes a currency translation-related increase of €646 million, mainly due to the sharp decline in the US dollar exchange rate. Despite an exchange rate-related increase of €361 million, non-current assets decreased altogether by €130 million. This reflected a number of partly offsetting effects. The €824 million increase in property, plant and equipment resulted, besides currency effects, mainly from the acquisition and first-time consolidation of the operations of VDM and AST in connection with the ending of all financial links with OTK. This was partly offset by the €962 million reduction in other financial assets, due mainly to the transfer from ThyssenKrupp to OTK at the end of February 2014 of the financial receivable created in connection with the sale of Inoxum. Also, the disposal of our 29.9% shareholding in OTK to meet the requirements of the EU in this connection was the main reason for the €310 million decrease in investments accounted for using the equity method. The €102 million increase in intangible assets was mostly currency translation-related. The €107 million increase in other non-financial assets mainly reflected refund entitlements in connection with non-income taxes. The €113 million rise in deferred tax assets resulted from numerous different, partly offsetting effects in Germany and abroad.

Current assets increased by a total of €878 million; this included a currency translation-related increase of €286 million. At €7,420 million, inventories at September 30, 2014 were €1,069 million higher than at September 30, 2013. The rise was mainly due to the first-time consolidation of VDM and AST and the reclassification of the disposal group Berco at March 31, 2014.

Trade accounts receivable increased altogether by €826 million to €5,782 million. As well as the aforementioned first-time consolidation of VDM and AST and the reclassification of Berco, this also reflected increased receivables in connection with long-term construction contracts and exchange rate effects.

The €116 million decrease in other current financial assets was mainly due to the repayment of a receivable from OTK. The €383 million increase in other current non-financial assets was mainly due to advance payments made in connection with the procurement of inventories and other advance payments as well as higher refund entitlements in connection with non-income taxes.

The €166 million increase in cash and cash equivalents mainly related to proceeds of €878 million from the capital increase carried out in December 2013 and proceeds of €1,250 million from the issue of a bond in February 2014; the €799 million positive free cash flow generated in the reporting year also contributed. This was partly offset by the €1,000 million repayment of a bond in June 2014 and €1,680 million repayment of other financial debt.

Assets held for sale were a significant €1,501 million lower at €42 million, mainly as a result of the disposal of ThyssenKrupp Steel USA and the aforementioned reclassification of Berco.

70 Combined management report – Report on the economic position

Results of operations and financial position

Total equity at September 30, 2014 was €3,199 million, up €687 million from a year earlier. The main reason was the capital increase carried out at the beginning of December 2013, which raised total equity by €878 million. The net income of €195 million achieved in the reporting year and the currency translation gains of €141 million recognized in other comprehensive income also contributed to the increase. This was partly offset by losses (after taxes) of €514 million from the revaluation of pensions and similar obligations. The equity ratio improved to 8.9%.

Non-current liabilities decreased by a total of €319 million. This included a €478 million reduction in non-current financial debt, mainly reflecting a €979 million reduction in liabilities to financial institutions. This was partly offset by the aforementioned issue of a €1,250 million bond, which in turn was partly offset by the reclassification of a €750 million bond due in March 2015 to current financial debt. Accrued pension and similar obligations were virtually unchanged overall; lower provisions for healthcare obligations in connection with the winding-down of The Budd Company were offset by an increase as a result of the updated interest rates used for the revaluation of pension obligations at September 30, 2014.

Current liabilities increased in total by €380 million; this included a €172 million increase due to currency translation effects. The €168 million reduction in other current provisions was mainly the result of the reversal of a provision recognized in the prior year for possible effects from merger control requirements in connection with the sale of Inoxum to OTK. In addition, a provision recognized in the prior year was utilized in the reporting year on the basis of a settlement reached with Deutsche Bahn in connection with the so-called rail cartel.

At €4,925 million, trade accounts payable were up by a clear €1,212 million from the prior-year level. As well as exchange rate effects, this was mainly due to the first-time consolidation of VDM and AST and the reclassification of Berco. The €906 million decrease in current financial debt was mainly connected with the €1,000 million repayment of a bond in June 2014 and the €406 million reduction in liabilities to financial institutions; in addition there was the €150 million repayment of a note payable in May 2014. This was partly offset by the above mentioned reclassification of a bond classified as non- current in the prior year. The €138 million increase in other current financial liabilities mainly reflected the accounting for derivatives, this was partly offset by a reduction in liabilities to associated companies. Higher liabilities in connection with long-term construction contracts and a rise in liabilities in the personnel area and from non-income taxes were the main reasons together with exchange rate effects for the €386 million increase in other current non-financial liabilities.

The €254 million reduction in liabilities associated with assets held for sale mainly reflected the reclassification of the disposal group Berco.

71 Combined management report – Report on the economic position

Results of operations and financial position

Consolidated statement of financial position

Assets million € Sept. 30,2013* Sept. 30, 2014

Intangible assets 4,206 4,308

Property, plant and equipment 7,484 8,308

Investment property 287 283

Investments accounted for using the equity method 949 639

Other financial assets 1,019 57

Other non-financial assets 335 442

Deferred tax assets 1,662 1,775

Total non-current assets 15,942 15,812

Inventories 6,351 7,420

Trade accounts receivable 4,956 5,782

Other financial assets 500 384

Other non-financial assets 2,069 2,452

Current income tax assets 123 174

Cash and cash equivalents 3,813 3,979

Assets held for sale 1,543 42

Total current assets 19,355 20,233

Total assets 35,297 36,045

Equity and liabilities million € Sept. 30,2013* Sept. 30, 2014

Capital stock 1,317 1,449

Additional paid in capital 4,684 5,434

Retained earnings (3,816) (4,144)

Cumulative other comprehensive income 58 242

thereof relating to disposal groups/discontinued operations

(Sept. 30, 2013: 2; Sept. 30, 2014: 1)

Equity attributable to ThyssenKrupp AG's shareholders 2,243 2,981

Non-controlling interest 269 218

Total equity 2,512 3,199

Accrued pension and similar obligations 7,348 7,354

Provisions for other employee benefits 270 357

Other provisions 676 741

Deferred tax liabilities 52 49

Financial debt 6,955 6,477

Other financial liabilities 3 3

Other non-financial liabilities 1 5

Total non-current liabilities 15,305 14,986

Provisions for employee benefits 298 311

Other provisions 1,363 1,195

Current income tax liabilities 234 193

Financial debt 1,911 1,005

Trade accounts payable 3,713 4,925

Other financial liabilities 1,241 1,379

Other non-financial liabilities 8,455 8,841

Liabilities associated with assets held for sale 265 11

Total current liabilities 17,480 17,860

Total liabilities 32,785 32,846

Total equity and liabilities 35,297 36,045

See Note 35 to the consolidated financial statements.

* The prior-year figures have been adjusted due to the adoption of IAS 19R and the catch-up of depreciation for Berco (cf. Notes 02 and 03).