IAS 27 'Consolidated financial statements and accounting for investments in subsidiaries'

Voestalpine AG Period End 31 March 2009

Voestalpine AG Annual Report 2009

Significance of long-term growth assumptions for goodwill disclosed

Austrian steel company Voestalpine discloses that a decrease from 1% to zero in its assumed long-term growth rate would lead to €49.1 million goodwill impairment.