A future ahead. Making Portugal grow. © Siemens SA 2013 All rights reserved. © Siemens SA 2013 All rights reserved. Key figures Revenue by Sector Revenue by Region Infrastructure &Cities Healthcare 17% 35% Energy 20% 14% 22% 26% Germany Asia, Australia Americas Industry 29% Europe, CIS*, Africa, Middle East (excl. Germany) 37% Based on customer location *Community of Independent States Continuing operations – Comparison with previous years Revenue and employees Employees in thousands 100,000 500 In million of Euros 80,000 400 60,000 300 40,000 200 20,000 100 Year 1986 Page 2 1990 1995 2000 2005 2012 © Siemens SA 2013 All rights reserved. 2011 2012 New Orders 85,166 76,913 Revenue 73,275 78,296 Income 7,376 5,184 Free cash flow 5,918 4,790 359,000 370,000 Employees A strong local partner for customers In more than 190 countries Germany 119,000 75 11.1 Americas 84.000 32% 14% 25% Asia, Australia 73 63,000 15.5 22.9 77 Europe, CIS*, Africa, Middle East (excl. Germany) 23% 29% 26% 102,000 17% 20% 25% 28.8 70 29% 37% 24% Employees Revenue (in billion €) *Comunity of Independent States As of September 30, 2012 Page 3 Major production facilities © Siemens SA 2013 All rights reserved. How our world is changing Climate change 2012: highest CO2 concentration in the atmosphere in 800,000 years 2001 to 2010: warmest decade on record Max Planck Institute for Meteorology: Only immediate, drastic reduction of CO2 emissions will keep global warming below 2°C until 2100. Ice sheets off the Icelandic coast Page 4 © Siemens SA 2013 All rights reserved. How our world is changing Urbanization Growth of cities 2009: For the first time in history, more than 50% of mankind lives in cities 2050: 70% of mankind will live in cities Megacities worldwide 1975: 3 megacities with more than 10 million inhabitants 2025: 27 megacities with more than 10 million inhabitants; about one person out of ten lives in a megacity Commuters in Jakarta Page 5 © Siemens SA 2013 All rights reserved. How our world is changing Demographic change World population 2011: 7 billion people 2050: 9.3 billion people Worldwide life expectancy 2011: 69 years 2050: 76 years; share of people over age 65 more than twice what it is today Morning gymnastics in Shanghai Page 6 © Siemens SA 2013 All rights reserved. How our world is changing Globalization Global trade 1990 to 2009: global trade volume more than doubles Multinational companies 1969: approx. 10,000 2008: more than 82,000 Growth of emerging markets 2030: emerging markets account for two thirds of the world's economic output Port of Jebel Ali, United Arab Emirates Page 7 © Siemens SA 2013 All rights reserved. Our vision: To provide answers to the great challenges of our time Siemens – the pioneer in Energy efficiency Industrial productivity Affordable and personalized healthcare Intelligent infrastructures Entrance of Gare Saint-Lazare metro station, Paris Page 8 © Siemens SA 2013 All rights reserved. Portugal Area (including Azores and Madeira) 92 391 Km2 Population 10,6 million Average Annual Temperature 15, 5 º C Electrical equipment market value 6”40 EUR Labor cost 12,10 EUR/h Page 9 © Siemens SA 2013 All rights reserved. Portugal General framework of the Country Macroeconomic indicators 2012(e) 2013(e) 2014 (e) 160’’4 155”6 154”1 155”3 1.4 -1.6 -3.0 -1 0.8 -0.9 1.4 3.6 2.8 0.8 1.2 7.6 9.5 10.8 12.7 15.5 16.4 15.9 Budget Difict (% PIB) -3.6 -10.2 -9.8 -4.4 -5.0 -4.5 -2.5 Public Deficit (%PIB) 71.6 83.1 93.3 107.8 120.0 122.2 122.3 Investments (GDP%) -0.3 -8.6 -4.1 -11.4 -13.7 -5.5 3.0 2008(r) 2009(r) 2010(r) 164”6 159”9 163”0 0 -2.9 Inflation Rate (%) 2.7 Unemployment Rate (%) GDP(EUR) Real GDP (%) 2011(r) Source: Ministery of Finance (OE2012) Budgetary strategy (2012-2016), Bank of Portugal (Boletim Inverno 2012); INE (r) real, (e) estimate Page 10 © Siemens SA 2013 All rights reserved. Siemens in Portugal Siemens AG Berlim/Munique Siemens AG Berlim/Munique 100% 100% 50% Osram Gmbh Berlim/Munique Nokia Siemens Networks Holding BV - Den Haag 50% Siemens, S.A. Amadora BSH Munique Sales Corroios’ Factory Bereichseinheit EV MS 100% Osram, Lda Lisboa 50% Nokia Siemens Networks Portugal, S.A. - Amadora Sabugo’s Factory Bereichseinheit EV MS 100% Siemens Healthcare Diagnostics, LDA. Status: 1st December 2012 Page 11 © Siemens SA 2013 All rights reserved. 100% BSH – P Carnaxide Organização Siemens, S. A. Corporate Executive Comittee C. Melo Ribeiro, CEO | M. Guerreiro, CFO | J. Silva Marques | J. Seabra Energy Sector Industry Sector J. Silva Marques A. Mira E. Caldeira Santos A. Mendes Generation Industry Automation & Drive Technologies/ Customer Service EF/EO//ES/EW/EX M. Carvalho T. Nogueira Transmition ET R. Leal D. Barbosa Fábrica de Transformadores H. Schenner D. Barbosa A. Mira A. Mendes Infraestructure & Cities Sector J. Seabra C. Melo Ribeiro J. Oliveira Low Voltage and Medium Voltage Smart Grid F. Silva B. Silva / M. Pais de Sousa Mobility and Logistics/ Rail Systems M. Nunes L. Rodrigues Imaging & Therapy B. Galamba M. Gonçalves Clinical Products J. Seabra M. Gonçalves Building Technologies Diagnostics L. Mourato M. Alves I. França J. Oliveira Fábrica de Quadros Elétricos J. Andrade B. Silva Page 12 Healthcare Sector © Siemens SA 2013 All rights reserved. H_FY13_45_v1 Siemens in Portugal Modernizing the country’s infrastructures Siemens Portugal has two factories and more than 57 partnerships with universities, higher education institutions and centers of research. It has also 42 R&D projects and three submitted patents. 10 centers of competence in energy production and transmission areas, smart grids, media voltage, airport terminals, health and shared services in human resources, suppliers and financial and client management. Siemens solutions in Portugal already helped reducing 5,9 million tons of CO2** emissions to our customers. Overview of fiscal 2012 (in million Euro) Revenue * New Orders * Export Employees 340 318 109 2.476 Supply of 4 airport terminals for Angola. Development of School-Hospital of Fernando Pessoa University project. **Accumulated values * Direct Business Page 13 © Siemens SA 2013 All rights reserved. H_FY13_45_v1 Making Portugal Grow The success of Siemens in Portugal is based on 2.476 employees that every day engage themselves to discover answers for the questions that are raised always with criativity and determination. The strength of Siemens lays in every single one of them. 10 centers of competence in Siemens Portugal have nearly 700 employees and generated already 300 million Euro. Presence of Siemens Portugal in more then 50 countries 10 Centers of Competence 2.476 Employees 32 Nationalities Average age – 38 years 40% female employees Page 14 © Siemens SA 2013 All rights reserved. Making Portugal Grow In 2012, the “Making Portugal Grow” project was launched based on seven Portuguese economic areas with a high grow potential. Its objective is to concentrate the company’s efforts in these vectors, fundamental to country’s development… Cities and Sustainability Energy and Energy Efficiency Mobility and Logistics Page 15 Industry and Productivity Economics of the Sea © Siemens SA 2013 All rights reserved. Healthcare Economics Services Economics and Value Added Tourism Our Business Markets & Solutions Siemens is in Portugal for more than 105 years, being a leader in the supplement of solutions for engineering in the Industry, Energy, Healthcare and Infrasctructure & Cities sectors. With more than 2000 employees, two factories and several partnerships with the academic environment, the company is particularly active in the development of the country. Page 16 © Siemens SA 2013 All rights reserved. Infrastructures & Cities Sustainable Technologies for Metropolitan areas Three-year Building Performance Optimization (BPO) contract with Vodafone Portugal for the provision of energy performance optimization. Siemens contribution to the reduction of the energy consumption (electrical and thermal) at the head office of Vodafone Portugal of around 11% per year. The optimization measures were focused on the improvement of the air handling units (AHU). Vodafone Building in Lisbon Page 17 © Siemens SA 2013 All rights reserved. Infrastructure & Cities Sustainable Technologies for Metropolitan areas The Infrastructure & Cities Sector offers sustainable technologies for metropolitan centers and urban infrastructures. The portfolio encompasses integrated mobility solutions, building and security systems, power distribution equipment, smart grid applications, and low- and medium-voltage products. Highlights Medium Voltage Switchgears of the Corroios’ Switchgear Factory. Implementation of four airports, based on the Capacity Plus concept, in the cities of Soyo, Dundo, Saurimo and Luena (Angola) Responsible for all electrical installation, security systems, building management station and communications network of the new Vila Franca de Xira Hospital Development of the export business from Switchgear Plant for countries like Angola, Australia, Brazil, South Africa, amongst others Signature of three important framework-contracts with EDP Distribution, for the supply of protection, command and control systems, medium voltage panels and automation solutions. Page 18 © Siemens SA 2013 All rights reserved. Smart Grid/ Low and Medium Voltage The Smart Grid (SG) has a wide portfolio of smart and flexible infrastructures area and the low Medium Voltage (LMV) offers a wide choice of products/systems and solutions for energy distribution infrastructures. LMV supplied the medium voltage equipment for seven new Angolan power plants SG won two strategic orders from Empresa de Distribuição de Electricidade de Luanda (EDEL), related to a study of energy grid for the Angolan capital and the preventive maintenance of six substations In the Portuguese market, three important framework-contracts were signed with EDP Distribution Projects with EDP Renováveis and EDP Produção in the smart metering area. SIPOTREC – Protection, Command and Control Systems Page 19 © Siemens SA 2013 All rights reserved. Mobility and Logistics/ Rail Systems MOL | RL division connects different transport systems. The solutions are transversal to several platforms with the goal of transporting people in an efficient way. 4 airports were implemented in the cities of Soyo, Dundo, Luena and Saurimo, based on the Capacity Plus concept. The Baggage Base Logic system was recognized by Siemens AG for airports of medium and small dimension The “100% Screening” project was implemented for the modernization of the baggage screening system in ANA and ANAM airports The Rail Systems division was awarded with two maintenance contracts Airport terminals - Capacity Plus concept for airports Page 20 © Siemens SA 2013 All rights reserved. Building Technologies The Building Technologies (BT) division presents several applicable solutions in the infrastructure area: safety against fires, building comfort and automation and energy efficiency in the buildings and public spaces are examples of those solutions. It is the world market leader in the matter of smart and energy efficient buildings and infrastructures. The BT division is responsible for all electrical installation, security systems, building management station and communications network of the new Vila Franca Xira Hospital Celebration of a 3-year contract with Vodafone for optimization services and energy performance improvement. Implementation of the Advance Operation Center concept which monitories and remotely controls several clients installations. Advantage Operation Center, Alfragide Page 21 © Siemens SA 2013 All rights reserved. Switchgear Factory Corroios’ factory supports the Smart Grid/Low and Medium Voltage division with medium voltage and air isolated switchgears production Supplied to Siemens Angola medium voltage switchgears for 7 power plants which are going to be built. The electrical installation is LMV’s responsibility Orders and selling of MV switchgears for relevant projects to Australia, Brazil, South Africa, Russia and United Arab Emirates. Medium Voltage Switchgears of Corroios’ Switchgear Factory Page 22 © Siemens SA 2013 All rights reserved. Siemens Portugal Industry Increase industrial productivity Presence of Siemens in Portugal’s main photovoltaic farms, installing more than 110MW. Examples: solar parks of Serpa, Alqueva, Almodôvar, Ferreira do Alentejo, Porteirinhos, Madeira, Porto Santo, Palmela, Algarve, Lisbon, amongst others. Internationalization of these competencies and the supply of more than 65 MW for farms in India, Spain, France, Greece and the UK Tunes’ Photovoltaic Plant, Algarve Page 23 © Siemens SA 2013 All rights reserved. Industry Increase Industrial Productivity The Siemens Industry Sector is one of the world's leading suppliers of innovative and eco-friendly products and solutions for industrial customers. With our complete range of automation technologies, intelligent software solutions, vast industry expertise and closely integrated services, we're increasing the productivity, efficiency and flexibility of our customers – while at the same time strengthening our own competitiveness. Highlights Leixões’ Container Terminal Interventions in several national ports Consolidation of competencies in the photovoltaic market Improvements for PMS system at Repsol, in Sines Update of automation solutions for Paper Machine 3 at Portucel Water treatment plants for the Angolan Government program “Water for all” Page 24 © Siemens SA 2013 All rights reserved. Energy Energy production saving resources Completion of the repowering project of Picote II hydropower plant to 246 MW, ahead of contracted schedule. The repowering will save the Portuguese economy nearly 30 million Euro per year in energy imports. Another highlight in this segment is the start of work of Venda Nova III (Frades II) Hydropower Plant. Hydropower plant of Picote Page 25 © Siemens SA 2013 All rights reserved. Energy Energy production saving resources The Siemens Energy Sector is the world's leading supplier of products, services and solutions for power generation. Its extensive portfolio comprises highly efficient technologies for thermal power plants, renewable energies, power transmission, and for the extraction, processing and transport of oil and gas. Highlights Subestações isoladas a gás (GIS) fornecidas à REN Conclusion of re-powering at Picote hydro plant Extension of cycle for the gas turbines at Tapada do Outeiro power plant Supply of steam turbine, condenser and alternator for the power plant of Sonangol, in Luanda Completion of six substations for REN and major order for the refurbishment of one single substation Launch of first Plug&Play transformer at Sabugo Factory Page 26 © Siemens SA 2013 All rights reserved. Transformer Factory The Power Transmission innovates with solutions dedicated to low voltage energy transportation, having the support of the Factory of Sabugo for the transformers production Launch of the first Plug&Play transformer made out of aluminum in Siemens Orders destined to countries like Algeria, Germany, Angola, Arab United Emirates and South Africa, among others In Portugal, the established business with ENEOP continues for the construction of wind farms, having been supplied power transformers, as well as several distribution units. Power transformers from the Transformer Factory in Sabugo Page 27 © Siemens SA 2013 All rights reserved. Healthcare Encompassing solutions for patient care Siemens became the first company in Portugal to obtain the certification for a triage solution of patients in hospital emergency services of version 2 of the Manchester System – Siemens Triage. Grupo Português de Triagem is recognized by the Manchester Group worldwide and by the Ministry of Health. The system is implemented at the Hospital Prof. Dr. Fernando Fonseca, in Amadora Siemens Triage at Hospital Prof. Dr. Fernando Fonseca, Amadora Page 28 © Siemens SA 2013 All rights reserved. H_FY13_45_v1 Healthcare Encompassing solutions for patient care The Siemens Healthcare Sector is one of the world's largest providers to the healthcare industry and a leader in imaging systems, laboratory diagnosis, healthcare IT, and hearing aids. We offer customers products and solutions for comprehensive patient care from a single source – from prevention and early diagnosis to therapy and aftercare. By optimizing the clinical procedures associated with the most important medical conditions, we help make healthcare faster, better, and more cost-efficient. Highlights Certification for a triage solution of patients in hospital emergency services – Siemens Triage Cooperation model established with the School-Hospital of Fernando Pessoa University Installation of cutting-edge diagnosis solution tools for the Hospital Beatriz Ângelo, in Loures Contract with LabCo Group as primary technology partner of this entity nationwide Internationalization of Portuguese Healthcare sector competencies and services Hospital SAMS/SBSI invests in new diagnostics equipments from Siemens Page 29 © Siemens SA 2013 All rights reserved. H_FY13_45_v1 Shared Services Global Shared Service The Global Shared Services (GSS) with different hubs spread in the world, were created to join central functions in one single structure. One of the major hubs is the Global Shared Services in Lisbon that has today about 500 people focused in human resources services, suppliers, customer management and Finance services Until now the GSS Lisbon was already recognized for it’s services in some of the major awards: -Human Resources – Service Excellence Award -Supply Chain Management – Recognition of performance Page 30 © Siemens SA 2013 All rights reserved. Other Activities BSH Bosch Siemens Household Appliances BSH is the biggest electrical appliances producer in Germany and one of the leader companies in Europe. A joint venture between Robert Bosch GmbH (Stuttgart) and Siemens AG (Munich) was launched in 1967. Today, BSH operates in 41 factories in 13 countries in Europe, USA, Latin America and Asia. Including its global network sales and service to clients, BSH has nowadays 60 companies in more than 40 countries and about 40.000 employees. Nokia Siemens Networks NSN is one of the biggest companies of telecommunication infrastructures and operates in 150 countries. NSN supplies a complete portfolio of mobile, fixed and convergent network technology. It also offers professional services including consultant and systems integration, deployment, maintenance and managed services Page 31 © Siemens SA 2013 All rights reserved. Transforming the vision in reality 1| Get closer to the costumers/Trusted partner Page 32 2| Sustainability/The future of energy 3| Focus on innovation/Vertical IT& Software © Siemens SA 2013 All rights reserved. 4| Power of Siemens/Employer of choice 1| Get closer to the customers/Employer of choice The company was awarded, in 2012, by internal and external entities: Energy sector: Excellence in Project management award for the Pego combined cycle power plant project (by Associação Portuguesa para Gestão de Projetos) and merit award for excellence in safety management regarding the modernization of electrical substations (by REN) • Industry sector: SIMATIC ET 200SP – Portugal Best Channels Growth 2011/2012 and Business Award for SINVERT – Portugal Best Product Launch in 37,4% Performance-based Market • Infrastructures&Cities sector: Golden Wrench Award (by Siemens AG) and Smart Grid was recognized as a Center of Competence in the areas of Service and Protection and Control Systems for energy transmission and distribution infrastructures. Page 33 © Siemens SA 2013 All rights reserved. 2| Sustainability/The future of energy Environmental Portfolio revenue (in billions of €) 1) 1 Energy efficiency 27.7 30.2 33.2 2010 2011 2012 2 Renewable energies Customers' CO2 abatement (in millions of metric tons) 1) 332 213 2010 257 3 Environmental technologies …roughly equal to 1% of global CO2 emissions in 2011 2011 2012 1) Continuing operations only (without OSRAM and Solar business) Page 34 © Siemens SA 2013 All rights reserved. 2| Sustainability/The future of energy 2| Examples 1| Co2 Emissions Until 2012, Siemens Portugal accomplished a reduction of 5,9 millions of tons* in the emissions of CO2 from their costumers … the equivalent to the CO2 emissions in all of Lisbon Products and exceptional solutions of exceptional energy efficiency like: Combined-cycle power plant in Pego Green transformers Silfo: Sabugo Plant Smart metering at Empresa de Electricidade da Madeira • Integrated systems for energy efficient buildings: Champalimaud Foundation • Advanced technological solutions Photovoltaic parks: Mértola *Accumulated value until 2012 Page 35 © Siemens SA 2013 All rights reserved. 2| Sustainability/The future of energy Siemens Portugal launched, with several other national companies and entities, the GestãoTransparente.org project that is a practical guide for the management of corruption risks in the organizations, supporting itself in the belief that every company should put into practice transparent and integrity measures, becoming, then, more attractive to external investment and external relationships, not only with partners but also with the general public. Page 36 © Siemens SA 2013 All rights reserved. 3| Focus in Innovation/Vertical IT and Software Employees in R&D: Our patent position (2012) 29,500 employees worldwide Europe: USA: About 17,000 software engineers No. 1 No. 10 57,300 patents granted Roughly 190 R&D locations in 30 countries Inventors of the year 2012 R&D spending in % of revenue Of these, 20,200 'green' patents secure our environmental portfolio 9,000 inventions in FY 2012 €4.2 billion Partnerships: 5.2% 5.3% 5.4% 2010 2011 2012 Page 37 More then 1,000 new partnerships with universities and research institutions per year © Siemens SA 2013 All rights reserved. 3| Focus in Innovation/Vertical IT and Software Innovation is part of our company The 3i program promoted and harvested employers’ ideas, which generated 3,6 million euros The Healthcare sector submitted, in 2012, another patent request associated to an innovative method in the detection of breast tumor lesion area, as a result of collaborated protocols established with national institutions. Million of Euros Highlights Ideas 3i – Global Benefit* In the airport business Siemens Portugal developed a baggage process system software that operates in several countries namely, United Arab Emirates, China, USA, Bahrain, India and Singapore. *Accumulated values since the beginning of the program. Page 38 © Siemens SA 2013 All rights reserved. Through 57 partnerships with the academic world, Siemens Portugal already promoted more than 42 projects of Investigation & Development and submitted 3 patents. H_FY13_45_v1 4| Power of Siemens/Employer of choice 2.476 employees in Siemens in Portugal 1| School degrees 2| Seniority 3| Gender Professional Training 0,2% Masters/ Post- Graduates/ Ph.D <1 year Female > 5 years 1 to 3 years 5% 4,1 % 37,4% 58,4% 31% Others 48% 39% 61% 16% Graduates Male 4 to 5 years Page 39 © Siemens SA 2013 All rights reserved. 4| Power of Siemens/Employer of choice Siemens stimulates learning throughout life and development Siemens Portugal promotes dual teaching Siemens defends integrity Page 40 In fiscal 2012 we invested 61.000 hours of training to our employees. In 2012, more than 60 students in curricular internships and courses of dual apprenticeships of Administrative Management Technician and Industrial Maintenance Technician were accepted by the company. In the Dow Jones Sustainable Index of 2012 Siemens was, for the fifth consecutive time, in first place in the “Diverse Industries” sector (which includes companies like 3M, General Electric, Toshiba and ThyssenKrupp), having achieved the best result ever of 92 points out of 100. © Siemens SA 2013 All rights reserved. 4| Power of Siemens/Employer of choice A company that creates opportunities Grow personally and professionally – with a wide range of training programs To develop answers for the great challenges of our time Work for a global company that takes its values seriously and puts sustainability into action To collaborate with people from all over the world in order to achieve common goals Page 41 © Siemens SA 2013 All rights reserved. Balance family and career – with flexible work models 4| Power of Siemens/Employer of choice Putting the values into practice Responsible Excellent Innovative Sincere, sustainable engagement that earns trust Top quality, professional implementation, outstanding results A culture of continuous improvement – step by step, day by day Page 42 © Siemens SA 2013 All rights reserved. Contacts/ Additional information Headquarters Tranformador Plant Bosch Siemens Household Appliances Apartado 501 Rua do Alto do Montijo, nº 15 2715 – 981 Almargem do Bispo 2790 – 012 Carnaxide Tel.: +351 219 627 200 Tel.: +351 214 250 600 Fax: +351 219 267 296 Fax: +351 219 250 689 Switchgear Plant Nokia Siemens Networks Northern Region Quinta da Princesa Rua Irmãos Siemens, nº1 A Av. Mário Brito nº3570 – Freixieiro Av. 25 de Abril, nº 201 2720 – 093 Alfragide 2845 – 547 Amora Tel.: +351 214 242 000 Tel.: +351 212 557 201 Fax: +351 210 444 411 Rua Irmãos Siemens, nº1 e 1-A 2720-093 Amadora Tel.: +351 214 178 000 Fax: +351 214 178 044 www.siemens.pt E-mail: internetrequest.pt@siemens.com 4455 – 491 Perafita Tel.: +351 229 992 000 Fax: +351 212 557 203 Fax: +351 229 992 001 Page 43 © Siemens SA 2013 All rights reserved.