MIRA
INFORM REPORT
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Report Date : |
19.06.2013 |
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Tel no.: |
+49 913184-0 |
IDENTIFICATION DETAILS
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Name : |
SIEMENS AG
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Registered Office : |
Wittelsbacherplatz 2, Muenchen, 80333 |
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Country : |
Germany |
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Financials (as on) : |
30.09.2012 |
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Year of Establishment : |
1847 |
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Com. Reg. No.: |
6684 |
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Legal Form : |
Public Parent Company |
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Line of Business : |
Subject is an integrated technology company with activities in the
fields of industry, energy and healthcare |
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No. of Employees : |
350,500 employees |
RATING & COMMENTS
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MIRA’s Rating : |
A |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31st, 2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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Germany |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
germany - ECONOMIC OVERVIEW
The German economy - the fifth largest economy in the world
in PPP terms and Europe''s largest - is a leading exporter of machinery,
vehicles, chemicals, and household equipment and benefits from a highly skilled
labor force. Like its Western European neighbors, Germany faces significant
demographic challenges to sustained long-term growth. Low fertility rates and
declining net immigration are increasing pressure on the country''s social
welfare system and necessitate structural reforms. Reforms launched by the
government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to
address chronically high unemployment and low average growth, contributed to
strong growth in 2006 and 2007 and falling unemployment. These advances, as
well as a government subsidized, reduced working hour scheme, help explain the
relatively modest increase in unemployment during the 2008-09 recession - the
deepest since World War II - and its decrease to 6.5% in 2012. GDP contracted
5.1% in 2009 but grew by 4.2% in 2010, and 3.0% in 2011, before dipping to 0.7%
in 2012 - a reflection of low investment spending due to crisis-induced
uncertainty and the decreased demand for German exports from recession-stricken
periphery countries. Stimulus and stabilization efforts initiated in 2008 and
2009 and tax cuts introduced in Chancellor Angela MERKEL''s second term
increased Germany''s total budget deficit - including federal, state, and
municipal - to 4.1% in 2010, but slower spending and higher tax revenues
reduced the deficit to 0.8% in 2011. In 2012 Germany reached a budget surplus
of 0.1%. A constitutional amendment approved in 2009 limits the federal
government to structural deficits of no more than 0.35% of GDP per annum as of
2016 though the target was already reached in 2012. By 2014, the federal
government wants to balance its budget. Following the March 2011 Fukushima
nuclear disaster, Chancellor Angela Merkel announced in May 2011 that eight of
the country''s 17 nuclear reactors would be shut down immediately and the
remaining plants would close by 2022. Germany hopes to replace nuclear power
with renewable energy. Before the shutdown of the eight reactors, Germany
relied on nuclear power for 23% of its electricity generating capacity and 46%
of its base-load electricity production.
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Source : CIA |
Company name & address
Siemens AG
Wittelsbacherplatz 2
Muenchen, 80333Germany
Tel: 49-89-63600
Fax: 49-89-63652000
Web: www.siemens.com
Syntheiss
Employees: 350,500
Company Type: Public Parent
Corporate Family: 1548
Companies
Traded: XETRA:
SIE New York Stock Exchange: SI
Incorporation Date: 1847
Auditor: Ernst & Young GmbH
Financials in: USD
(Millions)
Fiscal Year End:
30-Sep-2012
Reporting Currency: Euro
Annual Sales: 101,612.6 1
Net Income:
5,785.6
Total Assets: 140,259.3 2
Market Value: 92,200.9 (07-Dec-2012)
Business Description
Siemens AG is an integrated technology company with activities in the
fields of industry, energy and healthcare. Siemens operates in six segments:
Industry, Energy, Healthcare, Equity Investments, Siemens IT Solutions and
Services and Siemens Financial Services (SFS). Industry, Energy and Healthcare
are reported along with 14 divisions, which comprise the divisions, Industry
Automation, Drive Technologies, Building Technologies, OSRAM, Industry
Solutions and Mobility, belonging to the Industry Sector, the Divisions, Fossil
Power Generation, Renewable Energy, Oil and Gas, Power Transmission and Power
Distribution, belonging to the Energy Sector and the Divisions, Imaging and
Information Technology (IT), Workflow and Solutions and Diagnostics, belonging
to the Healthcare Sector. In July 2012, Wi-LAN Inc. acquired a global portfolio
of more than 40 patents and applications from Siemens related to
telecommunication network management and mobile multimedia. For the fiscal year
ended 30 September 2012, Siemens AG revenues increased 7% to EUR78.3B. Net
income before extraordinary items decreased 30% to EUR5.05B. Revenues reflect
Renewable Energy/ Energy Sector segment increase of 12% to EUR27.3B, Medical
Solutions (Med)/ Healthcare Sector segment increase of 9% to EUR13.6B, United
States segment increase of 16% to EUR16.67B, Asia/Middle East/Australia segment
increase of 22% to EUR6.86B.
Industry
Industry Scientific and Technical
Instruments
ANZSIC 2006: 2419 - Other
Professional and Scientific Equipment Manufacturing
NACE 2002: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment
NAICS 2002: 334515 -
Instrument Manufacturing for Measuring and Testing Electricity and Electrical
Signals
UK SIC 2003: 3320 - Manufacture
of instruments and appliances for measuring, checking, testing, navigating and
other purposes, except industrial process control equipment
UK SIC 2007: 2651 - Manufacture
of instruments and appliances for measuring, testing and navigation
US SIC 1987: 3825 - Instruments
for Measuring and Testing of Electricity and Electrical Signals
Key Executives
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Name |
Title |
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Peter Loescher |
President of the Managing Board, Chief Executive
Officer |
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Raj Batra |
President of Industry Automation Division—USA |
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Joe Kaeser |
Member of Managing Board, Head of Corporate
Finance & Controlling |
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Tom Kopanski |
Senior Vice President, Sales—USA |
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Lothar Adler |
Member of the Supervisory Board, Employee
Representative |
Significant Developments
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Topic |
#* |
Most Recent Headline |
Date |
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Spin-offs |
1 |
Siemens AG To Spin Off Osram In 2013 |
26-Jul-2012 |
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Layoffs |
8 |
Siemens AG To Cut 1,100 Jobs In Energy Sector-AP |
20-Dec-2012 |
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Corporate Litigation |
3 |
Pemex Sues Siemens AG Over Bribery Claims |
14-Dec-2012 |
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Regulatory / Company Investigation |
1 |
EU To Rule On Siemens AG, Areva SA Probe Next
Week |
16-Jun-2012 |
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Mergers & Acquisitions |
13 |
Siemens AG to Acquire Invensys Rail |
28-Nov-2012 |
* number of significant developments within
the last 12 months
news
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Title |
Date |
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BAE safeguards 6,000 jobs with £2.5bn Oman
military jet deal |
22-Dec-2012 |
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Nokia and RIM enter into new patent license
agreement; RIM payments to Nokia settle all legal actions between the
companies |
21-Dec-2012 |
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Siemens Healthcare introduces new ultrasound
breast analysis software |
21-Dec-2012 |
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Strong finish of the year with multiple
RayStation orders |
21-Dec-2012 |
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MedSys Group Gives Back by Now Partnering with
Kenna's Kids and The Fallen Soldier Memorial Plaque Program |
21-Dec-2012 |
Financial Summary
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Stock Snapshot
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1 - Profit & Loss Item Exchange Rate: USD 1 = EUR 0.7705342
2 - Balance Sheet Item Exchange Rate: USD 1 = EUR 0.7719989
Corporate Overview
Location
Wittelsbacherplatz 2
Muenchen, 80333
Germany
Tel: 49-89-63600
Fax: 49-89-63652000
Web: www.siemens.com
Quote Symbol - Exchange
SIE - XETRA
Sales EUR(mil): 78,296.0
Assets EUR(mil): 108,280.0
Employees: 350,500
Fiscal Year End: 30-Sep-2012
Industry: Scientific
and Technical Instruments
Incorporation Date: 1847
Company Type: Public
Parent
Quoted Status: Quoted
Registered No.(DEU): 6684
CEO Power
Distribution Division:
Ralf Christian
Company Web Links
Company Contact/E-mail
Corporate History/Profile
Employment Opportunities
Executives
Financial Information
Home Page
Investor Relations
News Releases
Products/Services
Contents
Industry Codes
Business Description
Brand/Trade Names
Financial Data
Market Data
Subsidiaries
Key Corporate Relationships
Industry Codes
ANZSIC 2006 Codes:
2419 - Other Professional and Scientific Equipment Manufacturing
6240 - Financial Asset Investing
2429 - Other Electronic Equipment Manufacturing
6419 - Other Auxiliary Finance and Investment Services
8520 - Pathology and Diagnostic Imaging Services
1090 - Other Mining Support Services
7000 - Computer System Design and Related Services
2499 - Other Machinery and Equipment Manufacturing Not Elsewhere
Classified
NACE 2002 Codes:
3320 - Manufacture of instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment
72 - Computer and Related Activities
1120 - Service activities incidental to oil and gas extraction
excluding surveying
8514 - Other human health activities
6713 - Activities auxiliary to financial intermediation not
elsewhere classified
3210 - Manufacture of electronic valves and tubes and other
electronic components
6523 - Other financial intermediation not elsewhere classified
2911 - Manufacture of engines and turbines, except aircraft,
vehicle and cycle engines
NAICS 2002 Codes:
334515 - Instrument Manufacturing for Measuring and Testing
Electricity and Electrical Signals
541512 - Computer Systems Design Services
621512 - Diagnostic Imaging Centers
213112 - Support Activities for Oil and Gas Operations
333611 - Turbine and Turbine Generator Set Units Manufacturing
523910 - Miscellaneous Intermediation
334413 - Semiconductor and Related Device Manufacturing
523930 - Investment Advice
US SIC 1987:
3825 - Instruments for Measuring and Testing of Electricity and
Electrical Signals
7379 - Computer Related Services, Not Elsewhere Classified
1389 - Oil and Gas Field Services, Not Elsewhere Classified
8071 - Medical Laboratories
6282 - Investment Advice
3511 - Steam, Gas, and Hydraulic Turbines, and Turbine Generator
Set Units
6799 - Investors, Not Elsewhere Classified
3674 - Semiconductors and Related Devices
UK SIC 2003:
3320 - Manufacture of instruments and appliances for measuring,
checking, testing, navigating and other purposes, except industrial process
control equipment
72 - Computer and Related Activities
1120 - Service activities incidental to oil and gas extraction
excluding surveying
8514 - Other human health activities
6713 - Activities auxiliary to financial intermediation not
elsewhere classified
3210 - Manufacture of electronic valves and tubes and other
electronic components
6523 - Other financial intermediation not elsewhere classified
2911 - Manufacture of engines and turbines, except aircraft,
vehicle and cycle engines
UK SIC 2007:
2651 - Manufacture of instruments and appliances for measuring,
testing and navigation
6499 - Other financial service activities, except insurance and
pension funding, n.e.c.
2611 - Manufacture of electronic components
620 - Computer programming, consultancy and related activities
8690 - Other human health activities
0910 - Support activities for petroleum and natural gas extraction
6619 - Other activities auxiliary to financial services, except
insurance and pension funding
2811 - Manufacture of engines and turbines, except aircraft,
vehicle and cycle engines
Business
Description
Siemens AG
(Siemens) is engaged in electronics and electrical engineering. The Company is
an integrated technology company with activities in the fields of industry,
energy and healthcare. Siemens operates in six segments: Industry, Energy,
Healthcare, Equity Investments, Siemens IT Solutions and Services and Siemens
Financial Services (SFS). Industry, Energy and Healthcare are reported along
with 14 divisions, which comprise the divisions, Industry Automation, Drive
Technologies, Building Technologies, OSRAM, Industry Solutions and Mobility,
belonging to the Industry Sector, the Divisions, Fossil Power Generation,
Renewable Energy, Oil and Gas, Power Transmission and Power Distribution,
belonging to the Energy Sector and the Divisions, Imaging and Information
Technology (IT), Workflow and Solutions and Diagnostics, belonging to the
Healthcare Sector. In November 2009, Siemens acquired a controlling interest of
100 % in Solel Solar Systems Ltd., Beit Shemesh/Israel (Solel). Solel is a
solar technology company focusing on the concentrated solar power (CSP) market.
Solel develops, designs, manufactures and installs equipment for solar thermal
power plants. In January 2011, ASM Pacific Technology Limited acquired Siemens
Electronics Assembly Systems, a surface-mount technology equipment
manufacturer, from the Company. In July 2012, Wi-LAN Inc. acquired a global
portfolio of more than 40 patents and applications from Siemens related to
telecommunication network management and mobile multimedia.
Industry
The Company’s
industry sector offers a range of products, services and solutions for the use
of resources and energy, and improvements of productivity in industry and
infrastructure. Its integrated technologies and holistic solutions address
primarily industrial customers, such as process and manufacturing industries,
and infrastructure customers, especially in the areas of transport, buildings
and utilities. The portfolio spans industry automation and drives products and
services, building, lighting and mobility solutions and services, and system
integration and solutions for plant businesses. Its Industry Sector comprises
the six Divisions, Industry Automation, Drive Technologies, Building
Technologies, OSRAM, Industry Solutions and Mobility. The Industry Automation
Division offers automation systems such as programmable logic controllers and
process control systems, sensors such as process instrumentation and analytics,
and industrial software such as product lifecycle management and manufacturing
execution systems software. The Division’s portfolio ranges from standard
products and systems for the manufacturing, processing and construction
industries to solutions for entire industrial vertical markets, including
automation solutions for entire automobile production facilities and chemical
plants. The Drive Technologies Division offers integrated technologies that
cover a wide range of drive applications with electrical components such as
standard motors and drives for conveyor belts, pumps and compressors, heavy
duty motors and drives for rolling steel mills, compressors for oil and gas
pipelines and mechanical components such as gears for wind turbines and cement
mills. Drive Technologies offers products such as automation systems and
services for production machinery and machine tools.
The Building
Technologies Division offers products, services and solutions for commercial,
industrial, public and residential buildings, including building automation,
comfort, building safety and security, low-voltage switchgear such as circuit
protection and distribution products, and building operations. OSRAM supplies
lighting solutions for all aspects of life and living environments, providing
its customers with an extensive product portfolio of lamps such as incandescent,
halogen, compact fluorescent, fluorescent, high-intensity discharge and Xenon
lamps, opto-electronic semiconductor light sources such as light emitting
diodes (LEDs), organic LEDs, high power laser diodes, LED systems and LED
luminaires, relevant electronic equipment such as electronic ballasts and
lighting control and management systems as well as precision material and
components.
The Industry
Solutions Division is Siemens’ systems integrator and solutions provider for
industrial plant businesses, covering planning, construction, operation and
maintenance over a plant’s entire lifecycle. With its water processing and
raw material processing systems, the Division helps to increase the
productivity and competitiveness of enterprises in various industries and to
meet the need for environmentally compatible solutions. The Mobility
Division’s goal is to network distinct transportation systems with one
another to move people and goods efficiently. The Division combines Siemens’
products, solutions and services in operating systems for rail transportation
such as central control systems, interlockings and automated train controls, for
road traffic including traffic detection, information and guidance, for airport
logistics including cargo tracking and baggage handling, for postal automation
including letter parcel sorting, and for rail electrification, as well as rail
vehicles for mass transit, regional, long-distance transportation, and
locomotives.
Energy
The Company’s
energy Sector offers a range of products, services and solutions for the
generation, transmission and distribution of power, and the extraction,
conversion and transport of oil and gas. It primarily addresses the needs of
energy providers, but also serves industrial companies, particularly in the oil
and gas industry. The Energy Sector covers the whole energy conversion chain.
Its Energy Sector is made up of the six Divisions, Fossil Power Generation,
Renewable Energy, Oil & Gas, Energy Service, Power Transmission and Power
Distribution. The Fossil Power Generation Division offers high-efficiency
products and solutions for fossil-based power generation. The offering extends
from gas and steam turbines and generators to complete turnkey power plants.
The Division concentrates on gas and steam turbines and turbo generators,
including control systems, in the larger power range, with an emphasis on
combined-cycle gas, steam power plants and conventional islands for nuclear
power plants.
The Renewable Energy Division provides solutions for the production of
electricity from renewable energy sources, including wind, solar thermal energy
and photovoltaic. In the rapidly growing global wind power market, the Division
builds wind turbines from 2.3 megawatts to 3.6 megawatts with rotor diameters
spanning 82 to 120 meters for on- and offshore applications, provides services
to off- and onshore wind farms and, in coordination with other Divisions within
the Energy Sector ensures the efficient linking of wind farms to power grids.
The Oil & Gas Division supplies high-efficiency products and on- and
offshore solutions for the production transport and processing of oil, gas and
water, which are used in the oil and gas industries, the petrochemical and chemical
industries, as well as other industries.
The Energy Service Division offers comprehensive services, including
parts and components, for complete power plants including on- and offshore wind
farms as well as rotating machines such as gas and steam turbines, generators
and compressors. The Power Transmission Division covers high-voltage
transmission solutions, power transformers, high-voltage switching products and
systems, and innovative alternating and direct current transmission systems.
The Power Distribution Division combines medium-voltage components, systems and
solutions, power automation solutions and products as well as services for
power equipment and transmission and distribution networks. The Energy Sector
distributes its products and services through its own dedicated sales force,
supported by Siemens’s worldwide network of regional companies.
Healthcare
Siemens healthcare Sector offers portfolio of medical solutions across
the value-added chain ranging from medical imaging to in vitro diagnostics to
interventional systems and clinical information technology systems all from a
single source. In addition, the Sector provides technical maintenance,
professional and consulting services, and, together with SFS, financing to
assist customers in purchasing the Sector’s products. The Sector comprises
the three divisions: Imaging and Therapy Systems, Clinical Products and
Diagnostics. The Imaging and Therapy Systems Division merges the business with
large-scale medical devices for diagnostic imaging, which was previously
included in the Imaging & IT Division, and therapy solutions, which was
previously included in the Workflow & Solutions Division and Imaging &
IT Division. The Clinical Products Division mainly comprises the business with
ultrasound, mammography and x-ray equipment. The Clinical Products Division
also comprises the internal supplier Components and Vacuum Technology, which
also provides components to the Division Imaging & Therapy Systems.
Equity Investments
Equity Investments comprises equity stakes held by Siemens that are
accounted for by the equity method, at cost or as current available-for-sale
financial assets and which are not allocated to a Sector, a Cross-Sector
Business, Siemens Real Estate (SRE), Pensions or Corporate Treasury for
strategic reasons. Its main investments within Equity Investments are its stake
of approximately 50 % in Nokia Siemens Networks B.V. (NSN), its 50 % stake in
BSH Bosch und Siemens Hausgerate GmbH (BSH), its 49 % stake in Krauss-Maffei
Wegmann GmbH & Co. KG (KMW), its 50% stake in ELIN GmbH & Co. KG, its
49% stake in Enterprise Networks Holdings B.V. (EN), as well as its 19.8% stake
in GIG Holding GmbH.
Siemens IT
Solutions and Services
Siemens IT Solutions and Services designs, builds and operates both
discrete and large scale information and communications systems. It offers
information technology and communications solutions from a single source both
to third parties and to other Siemens entities.
Siemens Financial
Services
Siemens Financial Services is an international provider of financial
solutions in the business-to-business area. SFS supports Siemens, as well as
third parties in the three industry areas of industry, energy, and healthcare.
SFS finances infrastructure, equipment and working capital and supports and
advises Siemens concerning financial risk and investment management. As of
October 1, 2010, Siemens Financial Services was renamed Financial Services in
connection with an application Siemens filed in Germany for a license to
conduct banking business.
The Company competes with General Electric, ALSTOM Power and Mitsubishi
Heavy Industries, ALSTOM Power, Bharat Heavy Electricals Limited, Toshiba,
General Electric, ABB, Schneider Electric, Rockwell and Emerson Electric
More Business
Descriptions
Siemens AG is an
integrated technology company with activities in the fields of industry, energy
and healthcare. Siemens operates in six segments: Industry, Energy, Healthcare,
Equity Investments, Siemens IT Solutions and Services and Siemens Financial
Services (SFS). Industry, Energy and Healthcare are reported along with 14
divisions, which comprise the divisions, Industry Automation, Drive
Technologies, Building Technologies, OSRAM, Industry Solutions and Mobility,
belonging to the Industry Sector, the Divisions, Fossil Power Generation,
Renewable Energy, Oil and Gas, Power Transmission and Power Distribution,
belonging to the Energy Sector and the Divisions, Imaging and Information
Technology (IT), Workflow and Solutions and Diagnostics, belonging to the
Healthcare Sector. In July 2012, Wi-LAN Inc. acquired a global portfolio of
more than 40 patents and applications from Siemens related to telecommunication
network management and mobile multimedia. For the fiscal year ended 30 September
2012, Siemens AG revenues increased 7% to EUR78.3B. Net income before
extraordinary items decreased 30% to EUR5.05B. Revenues reflect Renewable
Energy/ Energy Sector segment increase of 12% to EUR27.3B, Medical Solutions
(Med)/ Healthcare Sector segment increase of 9% to EUR13.6B, United States
segment increase of 16% to EUR16.67B, Asia/Middle East/Australia segment
increase of 22% to EUR6.86B.
Automation and Drives (A&D) - A&D produces and installs
manufacturing automation systems, drives systems, low-voltage controllers and
distributors, and process automation products and instrument systems.
Industrial Solutions and Services (I&S) - I&S provides a range of
facilities systems and services, including general contracting, to raw
materials processing companies and infrastructure customers. Siemens Dematic
(SD) - SD is active in the fields of factory and logistics automation. The
segment engineers and provides turnkey systems and related components and
services for electronics assembly systems, logistics and factory automation
systems, postal automation systems, crane and drive technology, as well as
mobile crane systems. Siemens Building Technologies (SBT) - SBT supplies
products, systems and services for safety and security engineering, fire
protection, heating and ventilation, and air conditioning. SBT also provides
full facility management services as well as the planning and engineering of
large-scale infrastructure project. Power Generation (PG) - PG provides
customers worldwide with a broad range of products and services necessary for
the conversion of energy into electricity and heat. This includes the design
and construction of power plants, turbines and generators, and the production
and development of alternative energy power sources. Power Transmission and
Distribution (PTD) - PTD ensures, as a product supplier, system integrator and
service provider, reliable and efficient transmission of electrical energy from
the generating plant to the consumer. PTD provides the liberalized energy
markets not only with tailormade IT solutions, but also enables power suppliers
to outsource the operation and servicing of their electricity supply networks
under service contracts with PTD. Transportation Systems (TS) - TS provides
products and services for the rail industry, including signalling and control
systems, railway electrification systems, complete heavy rail systems including
rapid transit systems and locomotives, light rail systems and other rail
vehicles. Siemens VDO Automotive (SV) - SV provides information, cockpit and
car communication systems, including instrumentation, audio, navigation,
multimedia and telmatics applications as well as system solutions for drive
train, motor control electronics and fuel injection technology, safety products
such as airbag and ABS electronics, and chassis electronic products. Medical
Solutions (MED) - Med offers diagnostic and therapy systems such as CAT
scanners, hearing instruments, magnetic resonance imagers and ultrasound and
radiology devices. Osram - Osram designs, manufactures and sells general
lighting products, automotive lighting, photo/optical lighting, and opto
semiconductors. Infineon Technologies (Infineon) - Infineon's products include
discrete and integrated semiconductor circuits and systems for wireless
communications, computer networks and for use in automotive and industrial
applications. There are also two Financing and Real Estate Segments
Electronics & Electrical Engineering Products Mfr
Siemens AG is primarily engaged in wholesale of gramophone, audio tapes,
compact discs and video tapes and of the equipment on which these are played;
and wholesale of radios and televisions; wholesale of electrical household
appliances not elsewhere classified.
Siemens is an engineering conglomerate, manufacturing a wide range of
industrial and consumer products. The Energy segment offers solutions for
renewable energy generation. It designs, develops and markets wind turbines of
varying capacities. It offers solutions for the transmission and distribution
of power and for the extraction, conversion and transportation of oil and gas.
The Healthcare segment manufactures and markets diagnostic and therapeutic
systems, devices and consumables. The company offers products, services and
solutions, which span energy; automation; chemicals and pharmaceuticals; food
and beverages; telecommunications; metals and mining; manufacturing,
transportation and logistics; tourism and leisure; public sector; and
healthcare, among others. The company also offers financial solutions and IT
services. The Industry segment offers a wide range of products and solutions to
improve the productivity of various industries, including manufacturing,
transportation, buildings and utilities industries. The company operates in six
reportable business segments, namely, Industry; Energy; Healthcare; Siemens
Financial Services (SFS); Infrastructure & Cities and Equity Investments.
In July 2011, Atos SA acquired Siemens IT Solutions and Services GmbH, the
holding company of all Siemens IT activities. Siemens initiated an
organizational change in October 2011. Accordingly, the company formed a new
sector named Infrastructure & Cities, which would derive benefits from the
growth of urban centers and the demand for infrastructure solutions.
Infrastructure & Cities business division includes Rail Systems, comprising
Siemens’s entire rail vehicle business, Mobility and Logistics division that
includes Siemens’s business comprising intermodal traffic, transport and
logistics management; Low and Medium Voltage comprising the company’s
products and solutions for power distribution infrastructures; Smart Grid; and
Building Technologies that undertakes the development of energy-efficient
buildings and infrastructures. The segment includes activities of Siemens Industry
Segment’s Building Technologies and Mobility divisions. Power Distribution
Division from the Energy segment; Smart Grid applications; shares of Atos S.A.
(AtoS), which Siemens received after the sale of Siemens IT Solutions and
Services to AtoS; and interest in OSRAM AG (formerly OSRAM GmbH). The Smart
Grid Division of Siemens offers products and solutions for intelligent
electrical network infrastructures. The networks integrates all forms of power
generation and ensures bi-directional flow of energy and communication, to meet
the increasing energy demands efficiently. The company's customers in the field
of Smart Grid technologies includes grid operators, multi utilities,
industries, power producers, rail operators and cities. Siemens offers its
customers range of products and solutions for planning, control, monitoring,
automation, protection, diagnostics of grid infrastructures and rail
electrification. The Smart Grids integrates centralized and decentralized power
generation, and expands intelligent transmission and distribution energy grids.
The Smart Grid Communications Assessment Tool (SG-CAT) is a simulation,
modeling and analysis platform for communications that the company has
developed to assess the performance of a given Smart Grid deployment with the
underline geographic, topological, and technological constraints. In October
2012, the Siemens Smart Grid Division and Utilicase entered into a
collaboration agreement to offer a combined solution linking Smart Grid
functionality with Enterprise Asset Management for the North America market.
The agreement intends to allow utility customers to integrate their latest
Smart Grid investments in asset performance assessment, operations with
maintenance and capital investment strategies. This solution will enable the
utilities to better utilize the internal resources to improve grid
dependability for their customers. In April 2012, the company's Siemens
Infrastructure & Cities announced to set up a turnkey Smart Metering
solution for the Qatar General Electricity & Water Corporation in Doha. In
August 2012, the company optimized its capital structure by equity to debt swap
and intends to buy back shares in the amount of up to Euro 3 billion. The
company also plans to cancel approximately 33 million treasury shares. In July
2012, Siemens, the Siemens Central Works Council, the German trade union IG
Metall and the global industrial union IndustriAll entered into an
international framework agreement on the principles of corporate
responsibility. The agreement reaffirms Siemens' commitment to fundamental
employee rights, including equality of opportunity, the right to collective
bargaining and the freedom of association. The agreement reflects Siemens'
awareness of its responsibility to its employees and underscores the
relationship of trust between the company, the works council and the union. In
the same month, Wi-LAN Inc. acquired a global portfolio of more than 40 patents
and applications from the company related to telecommunication network management
and mobile multimedia. In May 2012, the company was awarded a $73 million
contract to build 18 of its S70 light rail vehicles for TriMet in Portland,
Ore. The company was awarded a contract to equip two U.S. Navy Auxiliary
General Oceanographic Research (AGOR) vessels with its diesel electric
propulsion solution at Dakota Creek Industries Inc. (DCI). In April 2012, the
company’s subsidiary, Siemens Industry, Inc. acquired FCE, LLC, a furnace
company serving the metals industry. It will operate within the Metals
Technologies (MT) business unit of the Siemens Industry Sector, and will become
the global center of competence for furnaces. The company acquired 80.69%
shares in IBS AG, an operative software company, developing and providing
software solutions and services for productivity management in industrial
companies. In March 2012, the company received order to deliver two H-class gas
turbines, a steam turbine, and related technology to the Ansan combined cycle
power plant in South Korea, worth more than €300m. In February 2012, the
company won a contract worth more than €1.1 billion to build an underwater
cable line connecting the power grids of Scotland and England. The company and
Atos SA made a joint solution for energy to optimize joint production and
management of energy, and to reduce costs and risks. The company received an
order from Saudi Arabia to supply key components for the IPP Qurayyah combined
cycle power plant.
Siemens AG
(Siemens) is a leading electronics and electrical engineering company. It
operates in the industrial, energy and healthcare sectors. The company operates
through 14 divisions, namely, Industry Automation, Drive Technologies, Building
Technologies, OSRAM, Industry Solutions and Mobility, belonging to the Industry
Sector, the Divisions, Fossil Power Generation, Renewable Energy, Oil and Gas,
Power Transmission and Power Distribution, belonging to the Energy Sector and
the Divisions, Imaging and Information Technology (IT), Workflow and Solutions
and Diagnostics, belonging to the Healthcare Sector. Siemens also operates in
the renewable energy sector. It offers products and solutions for the
generation of electricity through renewable energy sources including wind,
photovoltaic, biomass and hydropower, besides fossil fuels, and oil and gas.
Siemens provides financial products and services such as commercial finance,
equity and project finance, treasury and investment management, and project and
export finance. The company operates around 285 major production and manufacturing
plants and sales offices in 190 countries worldwide. Siemens is headquartered
in Munich, Germany.The company’s business strategy focuses on strengthening
its operations, capturing new business opportunities, conducting product
development and enhancing future performance. Recently, the company announced
plans to invest up to $1 billion to expand its business in Brazil over the next
five years. The investment would span its portfolio comprising energy,
industry, infrastructure and cities and healthcare with localization of
production and services, besides research and development.The company reported
revenues of (Euro) EUR 73,515.00 million during the fiscal year ended September
2011, an increase of 6.58% over 2010. The operating profit of the company was
EUR 7,958.00 million during the fiscal year 2011, an increase of 31.28% over
2010. The net profit of the company was EUR 6,145.00 million during the fiscal
year 2011, an increase of 57.60% over 2010.
Siemens AG (Berlin
and Munich) is a global powerhouse in electronics and electrical engineering
operating in the industry energy and healthcare sectors. For over 160 years
Siemens has stood for technological excellence innovation quality reliability
and internationality. The company is the worlds largest provider of
environmental technologies. More than one-third of its total revenue stems from
green products and solutions. In fiscal 2010 which ended on September 30 2010
revenue from continuing operations (excluding Osram and Siemens IT Solutions
and Services) totaled 69 billion and net income from continuing operations 4.3
billion. At the end of September 2010 Siemens had around 336000 employees
worldwide on the basis of continuing operations.
For more than 150
years after it was founded, Siemens AG remains one of the world's largest and
most respected companies in the field of electrical engineering and
electronics. Headquartered in Berlin and Munich, Germany, the company is one of
the world's largest electrical engineering and electronics organizations. A worldwide
employer of nearly a half million people, Siemens provides innovative
technologies and comprehensive know-how to benefit customers in nearly 200
countries. The company specializes in the areas of information and
communications, automation and control, power, transportation, medical and
lighting. At the close of September 2006, Siemens had sales greater than €87
billion and net income in excess of €3.033 billion.
Brand/Trade Names
SIEMENS
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Strategic Initiatives
Key Organizational
Changes
With the acquisition, the company expanded its offerings in the field of
medium-voltage equipment and strengthened its competence in pre-manufactured
modular power distribution. The company increased its stake to 45% (from 28%)
in Archimede Solar, Italy, which manufactures solar thermal systems, making it
a full-range provider to the solar thermal power industry. The acquisition was
part of the company’s strategy to expand its portfolio in the solar thermal
energy market. In the past few years, Siemens acquired various companies,
including UGS Corp. and Dade Behring. Through the acquisition of UGS Corp.,
Siemens bridged the gap between virtual product and production planning, and real-life
manufacturing.
The acquisition was part of the company’s strategy to expand its
portfolio in the solar thermal energy market. In the past few years, Siemens
acquired various companies, including UGS Corp. and Dade Behring. Through the
acquisition of UGS Corp., Siemens bridged the gap between virtual product and
production planning, and real-life manufacturing. The company’s intelligent
factory concept links these two different processes. The integration of these
two processes reduced manufacturing errors, slashed production ramp-up time and
cut time-to-market by 40%.
The company’s intelligent factory concept links these two different
processes. The integration of these two processes reduced manufacturing errors,
slashed production ramp-up time and cut time-to-market by 40%. The acquisition
of Dade Behring, a leading US in vitro diagnostics (IVD) company, made Siemens
the world’s only integrated diagnostic company. The acquisition of UGS brings
the product-life cycle management software and the Dade Behring acquisition can
help the company in providing integrated healthcare diagnostic solutions. To
strengthen its position in the expanding solar thermal power market, Siemens
acquired Solel Solar Systems, a solar thermal power technology company.
The integration of these two processes reduced manufacturing errors,
slashed production ramp-up time and cut time-to-market by 40%. The acquisition
of Dade Behring, a leading US in vitro diagnostics (IVD) company, made Siemens
the world’s only integrated diagnostic company. The acquisition of UGS brings
the product-life cycle management software and the Dade Behring acquisition can
help the company in providing integrated healthcare diagnostic solutions. To
strengthen its position in the expanding solar thermal power market, Siemens
acquired Solel Solar Systems, a solar thermal power technology company. In
March 2011, Siemens acquired two subsea specialist companies, Poseidon Group AS
and Bennex Group AS, from Subsea Technology Group AS, Norway.
To strengthen its position in the expanding solar thermal power market,
Siemens acquired Solel Solar Systems, a solar thermal power technology company.
In March 2011, Siemens acquired two subsea specialist companies, Poseidon Group
AS and Bennex Group AS, from Subsea Technology Group AS, Norway. The
acquisition of both the companies strengthened Siemens’s in-house development
capabilities in marinization, subsea engineering and related consulting. With
the acquisition, the company became the leading developer of subsea power grid
solutions, supported by its traditional electrical engineering core-competence.
This acquisition will help Siemens tap the fast growing subsea power grid
market, which is expected to become a multi-billion market by 2020.
With the acquisition, the company became the leading developer of subsea
power grid solutions, supported by its traditional electrical engineering
core-competence. This acquisition will help Siemens tap the fast growing subsea
power grid market, which is expected to become a multi-billion market by 2020.
In November 2011, the company declared the acquisition of a minority stake in
EMIS Electrics GmbH (EMIS) and received approval from the Federal Cartel
Office. This will raise the cooperation between the two companies, as both of
them are engaged in development of several new and modernization power plant
projects. In the same month, Siemens signed an agreement to acquire Vistagy,
Inc., a supplier of specialized engineering software and related services.
Partnerships
The Smart Grids integrates centralized and decentralized power
generation, and expands intelligent transmission and distribution energy grids.
The Smart Grid Communications Assessment Tool (SG-CAT) is a simulation,
modeling and analysis platform for communications that the company has
developed to assess the performance of a given Smart Grid deployment with the
underline geographic, topological, and technological constraints. In October
2012, the Siemens Smart Grid Division and Utilicase entered into a
collaboration agreement to offer a combined solution linking Smart Grid
functionality with Enterprise Asset Management for the North America market.
The agreement intends to allow utility customers to integrate their latest
Smart Grid investments in asset performance assessment, operations with
maintenance and capital investment strategies. This solution will enable the
utilities to better utilize the internal resources to improve grid
dependability for their customers.
Product
As a result, profit margins such as gross margin, operating margin and
net profit margin increased from 29%, 8.8% and 5.6% in fiscal 2010 to 30.1%,
10.8% and 8.4% in fiscal 2011. Such improvement in overall financial
performance will help the company in its future endeavors.Extensive Research
and Development EffortWith Siemens operating in technology intensive businesses,
innovation is considered the top priority, since it creates a competitive
advantage. Innovation continues to be the cornerstone of the company’s
business strategy with its strong research and development (R&D) efforts
that focus on improving its offerings. The company carries out R&D
activities at its 160 research centers in various parts of the world,
comprising around 27,800 R&D employees. In terms of patent applications,
the company is ranked No.
Any adverse outcome would have a significant effect on Siemens financial
performance and results of operations. In addition to these pending
litigations, the company lost a few lawsuits in the recent past, which
accounted for a significant amount of its revenues.Expansion into Growth
MarketsSiemens’s rapid expansion in the growing market segments leads to
significant cash flows. The company plans to expand its business operation in
Brazil, Russia, India and China (BRIC) regions. In April 2012, the company
announced its plans to invest up to $1 billion to strengthen and expand its
business in Brazil over the next five years. The investment would be across its
portfolio comprising energy, industry, infrastructure and cities and healthcare
with special focus laid on localizing production and services, besides research
and development.
In addition to these pending litigations, the company lost a few
lawsuits in the recent past, which accounted for a significant amount of its
revenues.Expansion into Growth MarketsSiemens’s rapid expansion in the
growing market segments leads to significant cash flows. The company plans to
expand its business operation in Brazil, Russia, India and China (BRIC)
regions. In April 2012, the company announced its plans to invest up to $1
billion to strengthen and expand its business in Brazil over the next five
years. The investment would be across its portfolio comprising energy,
industry, infrastructure and cities and healthcare with special focus laid on
localizing production and services, besides research and development. Besides,
it also plans to expand its operations in Middle East, Chile, Poland, South
Africa, Thailand, Indonesia, Mexico, Colombia, Turkey and Vietnam.
In April 2012, the company announced its plans to invest up to $1
billion to strengthen and expand its business in Brazil over the next five
years. The investment would be across its portfolio comprising energy,
industry, infrastructure and cities and healthcare with special focus laid on
localizing production and services, besides research and development. Besides,
it also plans to expand its operations in Middle East, Chile, Poland, South
Africa, Thailand, Indonesia, Mexico, Colombia, Turkey and Vietnam. The growing
Indian and Chinese markets creates huge opportunity for the company. As
population and industries grow in India and China, so does the demand.
Sales and
Distribution
manufacturer of integrated ultrasound imaging
systems. In August 2012, the company optimized its capital structure by equity
to debt swap and intends to buy back shares in the amount of up to Euro 3
billion. The company also plans to cancel approximately 33 million treasury
shares. In July 2012, Siemens, the Siemens Central Works Council, the German
trade union IG Metall and the global industrial union IndustriAll entered into
an international framework agreement on the principles of corporate
responsibility. The agreement reaffirms Siemens' commitment to fundamental
employee rights, including equality of opportunity, the right to collective
bargaining and the freedom of association.
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Helpful |
Harmful |
|
Internal Origin |
Strengths ·
Improvement
in Financial Performance |
Weaknesses |
|
External Origin |
Opportunities ·
Expansion
into Growth Markets |
Threats ·
Global
Economic Slowdown and Market Dynamics |
Overview
Siemens AG (Siemens) is a world leader in electronics and engineering.
It provides numerous products and solutions to industrial, energy, healthcare,
and consumer products sectors. The company’s dominant market position,
combined with extensive research and development activities, provides it a
competitive advantage. The company’s expansion in growth markets together
with rising demand for renewable energy and favorable government initiatives
could provide growth opportunities. However, global economic slowdown and
changing regulatory environment could affect the company’s operations
adversely.
Strengths
Improvement in
Financial Performance
Increase in financial performance reflects Siemens’s focused business
activities. In fiscal 2011, total revenue generated by the company increased
approximately 7% to €73,515.00m from €68,978.00m in the previous fiscal
year. Such improvement in revenue performance could be due to improvement in
the performance of its major segments. In fiscal 2011, revenue generated by
Industry Segment increased 9%, followed by 8% revenue increase in Energy
Segment and a marginal increase of 1% in Healthcare business segment. Besides,
the company reported revenue increment in all its geographical segments. In
fiscal 2011, revenue from Europe, CIS, Africa and Middle East increased 3%.
Revenue from its domestic market, Germany, increased 6%, due to double digit
increase in demand for its Drive Technologies and Industry Automation. Revenue
from the US increased 8%, supported by a sharp increase in fossil power
generation. Besides, in fiscal 2011, Asia, Australia region’s revenue
increased 12% due to double digit increases in all its segments and India
recorded growth of around 25% due to substantially higher revenue in Energy segment.
Siemens controlled its costs in the previous fiscal year, which led to an
increase in its profit margins. In fiscal 2011, the company’s operational
expenses (as a percentage of sales) were marginally down at 89.17%, compared to
91.21% in fiscal 2010. As a result, profit margins such as gross margin,
operating margin and net profit margin increased from 29%, 8.8% and 5.6% in
fiscal 2010 to 30.1%, 10.8% and 8.4% in fiscal 2011. Such improvement in
overall financial performance will help the company in its future endeavors.
Leading Market
Position
A leading position in its existing and emerging businesses helped
Siemens achieve successful expansion of its portfolio. Siemens generates about
two-thirds of its revenue from businesses that are No. 1 or No. 2 in their
markets. Siemens is the market leader in the energy and environmental care,
automation and control, industrial and public infrastructure, and healthcare
sectors. The company is a market leader in application services, processing an
average of 170 million transactions daily. Every second computed tomography
scanner used in German clinics is from Siemens; about 75% of the automobiles
made in Germany are built in factories equipped with Siemens automation
technology; and more than half of the power plants connected to Germany‘s
power grid use turbines and generators from Siemens. In the US, approximately
37% of the domestic population is registered in Siemens data center, which is
accessible by healthcare providers for critical patient information. Besides,
more than one-fourth of the hearing aids sold in the US are provided by
Siemens. Its process automation system processes around 90% of the total
domestic mail. The company’s power generation solutions help meet around
one-third of the US energy requirements. In Brazil, Siemens’s businesses are
ranked No. 1 or No. 2 in the market. In Brazil, 50% of the power is generated
using equipment and systems supplied by Siemens. The company performs around
30% of all digital diagnostic imaging in Brazil. With an increase in the number
of companies entering the industry, the company’s leading market position
provides it a competitive advantage. Additionally, a leading market position
enables the company to compete effectively and helps in securing new contracts.
Growth Strategy
through Acquisitions
The integration of strategic acquisitions added value to Siemens’s
overall market position and competitive position. The company’s focus on
select acquisitions and successful integration in this line enabled it to
expand its offerings and promote growth with ease. The company successfully
improved its market position in diverse markets such as energy, healthcare and
industry over the years through selective acquisitions. In 2010, the company
acquired Tesla Power & Automation, eHouse manufacturing division of
Integrated Electrical Services, Inc. in Texas. With the acquisition, the
company expanded its offerings in the field of medium-voltage equipment and
strengthened its competence in pre-manufactured modular power distribution. The
company increased its stake to 45% (from 28%) in Archimede Solar, Italy, which
manufactures solar thermal systems, making it a full-range provider to the
solar thermal power industry. The acquisition was part of the company’s strategy
to expand its portfolio in the solar thermal energy market. In the past few
years, Siemens acquired various companies, including UGS Corp. and Dade
Behring. Through the acquisition of UGS Corp., Siemens bridged the gap between
virtual product and production planning, and real-life manufacturing. The
company’s intelligent factory concept links these two different processes.
The integration of these two processes reduced manufacturing errors, slashed
production ramp-up time and cut time-to-market by 40%. The acquisition of Dade
Behring, a leading US in vitro diagnostics (IVD) company, made Siemens the
world’s only integrated diagnostic company. The acquisition of UGS brings the
product-life cycle management software and the Dade Behring acquisition can
help the company in providing integrated healthcare diagnostic solutions. To
strengthen its position in the expanding solar thermal power market, Siemens
acquired Solel Solar Systems, a solar thermal power technology company. In
March 2011, Siemens acquired two subsea specialist companies, Poseidon Group AS
and Bennex Group AS, from Subsea Technology Group AS, Norway. The acquisition
of both the companies strengthened Siemens’s in-house development
capabilities in marinization, subsea engineering and related consulting. With
the acquisition, the company became the leading developer of subsea power grid
solutions, supported by its traditional electrical engineering core-competence.
This acquisition will help Siemens tap the fast growing subsea power grid
market, which is expected to become a multi-billion market by 2020. In November
2011, the company declared the acquisition of a minority stake in EMIS
Electrics GmbH (EMIS) and received approval from the Federal Cartel Office.
This will raise the cooperation between the two companies, as both of them are
engaged in development of several new and modernization power plant projects.
In the same month, Siemens signed an agreement to acquire Vistagy, Inc., a
supplier of specialized engineering software and related services. This
acquisition will help Siemens’s Industry Automation division to enhance its
position in the supply of industrial software. In April 2012, the company’s
subsidiary, Siemens Industry, Inc. acquired FCE, LLC, a furnace company serving
the metals industry. It will operate within the Metals Technologies (MT)
business unit of the Siemens Industry Sector, and will become the global center
of competence for furnaces. This acquisition would enable Siemens to expand and
strengthen its portfolio in furnace technologies. Siemens also acquired 80.69%
shares of IBS AG, an operative software company, developing and providing
software solutions and services for productivity management in industrial
companies. These acquisitions helped Siemens to enhance its capabilities and
broaden its service offerings, improving the market position of Siemens
globally.
Extensive Research
and Development Effort
With Siemens operating in technology intensive businesses, innovation is
considered the top priority, since it creates a competitive advantage.
Innovation continues to be the cornerstone of the company’s business strategy
with its strong research and development (R&D) efforts that focus on
improving its offerings. The company carries out R&D activities at its 160
research centers in various parts of the world, comprising around 27,800
R&D employees. In terms of patent applications, the company is ranked No.1
in Europe and No. 3 in Germany. The company moved up to ninth position in the
number of patents granted in the US. In fiscal 2011, Siemens invested around
€3.9 billion (5.3% of its total revenue) on its R&D activities. Besides,
in fiscal 2011, the company generated 8,600 inventions, a 10% increase over
that in previous year. The company expects to invest €500m more on its
R&D activities than that in the previous fiscal year. Strong research and
development efforts will allow Siemens to innovate and attract industry
attention, which creates an edge over its competitors.
Weaknesses
Involvement in
Litigations
Involvement in illegal acts or corruption may lead to contracts being
cancelled and also limit the company’s ability to participate in business
with governments or non-governmental organizations and result in declining
orders, which would have a material adverse effect on its business. Siemens is
facing allegations of corruption, criminal breach of fiduciary duty including
fraud, as well as bribery, money laundering and tax evasion. In July 2011, an
investigation was initiated by the Nuremberg-Fuerth public prosecutor against
Siemens in payments related to the healthcare business in the Caribbean. Later
in October 2011, an investigation was initiated against the company in relation
with alleged bribery in Iraq and Turkey during 1999 and 2007. The investigation
was initiated by the Turkish Prime Ministry Inspection Board. Besides, in 2011,
the Brasilia public prosecutor, initiated proceedings against the company I
connection with a 2007 metro project. The company paid charges in relation to
an investigation against it in relation to misappropriation of public funds
related to contracts awarded to Siemens in Russia. Besides, Siemens Healthcare
is engaged in a patent infringement lawsuit related to its In Vitro Diagnostics
division. In April 2009, The University of Nebraska and UNeMed, the
technology-transfer organization for the UN Medical Center sued Siemens
Healthcare Diagnostics for allegedly infringing two of their patents related to
clinical laboratory automation technology, which were exclusively licensed to
Abbott Laboratories. Stating that the infringement was willful, the plaintiffs
sought damages from Siemens Healthcare sufficient to compensate them for the
infringement of each of their patents. Any adverse outcome would have a
significant effect on Siemens financial performance and results of operations.
In addition to these pending litigations, the company lost a few lawsuits in
the recent past, which accounted for a significant amount of its revenues.
Product Recalls
Product recalls hinder the company’s projected sales and profits, and
result in negative publicity. In June 2012, Siemens’ subsidiary Siemens
Healthcare Diagnostics, Inc. (Siemens Healthcare) initiated a recall of 59,735
Siemens Dimension Vista System B12 Freagent cartridge. The company confirmed
that the presence of Intrinsic Factor Blocking Antibody in some patients can
result in a false and significant elevation in the reported concentration of
Vitamin B12 on the Dimension Vista System. In May 2012, the company recalled
1,103 cartons of Dimension Vista Total Prostate Specific Antigen Freagent
cartridge due to the leaking of Freagent. In the same month, Siemens Healthcare
Diagnostics recalled 1,899 cartons of Stratus CS Acute care NT test pack regent
due to the malfunction and calibration failures. In April 2012, the company
initiated a recall of 1,683 units of Dimension Vista software version 3.4 due
to the error flags associated with QC and patient test results that are within
the assay range as defined in the Instructions for Use for the respective
method. In April 2012, Siemens Healthcare recalled 9,178 Dimension Vista MG
Freagent cartridges due to a negative shift of approximately 0.2mg/dL [0.08
mmol/L] in patient and QC samples when using Vista Magnesium. In the same
month, the company recalled 40023 Siemens ADVIA Centaur Cortisol Assay kits
since the reagent kits lots does not meets onboard stability and calibration
interval claims. In February 2012, Siemens Healthcare initiated a recall of
24,672 Dade Actin FSL activated PTT reagent kit since it shows an increase in
Heparin sensitivity over the shelf life which is demonstrated by testing with
Dade Citrol Heparin Control, low and high. In the same month, the company
recalled about 48,578 Clinitest hCG pregnancy test kits due to operational
errors. In January 2012, the company called back several lots of Dimension
Creatinine Freagent cartridges; 2,281 cartons of Dimension Vista Cardiac
Troponin I Calibrators; and several ADVIA Centaur CA19-9 assays after
ascertaining that some of the devices had the potential to display falsely
elevated creatinine results. In October 2011, Siemens Healthcare Diagnostics,
Inc called back 6,072 cartons of Dimension EXL Cardiac Troponin I Freagent
cartridges after receiving customer complaints about low recovery of QC and
patient samples. It also recalled 998 Dimension EXL LOCI Cardiac Troponin I
calibrators; and 1,786 Dimension Vista Cuvettes, owing to operational errors.
In August 2011, the company initiated a worldwide recall of Dimension Calcium
FReagent. In May 2011, it recalled some lots of Siemens Dimension EZCR FReagent
Cartridge as some units were reported to have provided false results. In March
2011, Siemens Healthcare Diagnostics, Inc. called back several units of its
Dimension Vista Gentamicin (GENT) Freagent cartridges as some of these units
were reported to have provided false elevation of Dimension Vista Gentamicin
results. It also recalled about 11,635 units of Stratus CS Acute Care Troponin
I TestPak, Troponin I Assays as these assays were found to provide low
frequency of non-repeatable falsely elevated CTNI results without an associated
error message. Such recalls may also harm the company’s reputation, leading
to decreased demand for its products.
Opportunities
Expansion into
Growth Markets
Siemens’s rapid expansion in the growing market segments leads to
significant cash flows. The company plans to expand its business operation in
Brazil, Russia, India and China (BRIC) regions. In April 2012, the company
announced its plans to invest up to $1 billion to strengthen and expand its
business in Brazil over the next five years. The investment would be across its
portfolio comprising energy, industry, infrastructure and cities and healthcare
with special focus laid on localizing production and services, besides research
and development. Besides, it also plans to expand its operations in Middle
East, Chile, Poland, South Africa, Thailand, Indonesia, Mexico, Colombia,
Turkey and Vietnam. The growing Indian and Chinese markets creates huge
opportunity for the company. As population and industries grow in India and
China, so does the demand. The pace of industrialization in China and India and
other Asian countries are expected to keep global demand for the commodities
high in coming years. Increasing investments in emerging markets, particularly
in China and India provides growth opportunities. With a population of more
than 1 billion, China and India’s infrastructure needs are massive. China and
India are expected to spend close to $803.5 billion for infrastructure projects
by 2012. According to Asian Development Bank, China will spend approximately
$4.37 trillion on infrastructure till 2020. The nation will invest the amount
to build and upgrade energy infrastructure, telecommunications, transport, and
water and sanitation infrastructure. In March 2011, China's 12th Five-Year Plan
(2011-2015) was released. Some of the key infrastructure related points
included in the reports were to develop emerging strategic industries,
construct large-scale hydropower plants; length of high-speed railway to be
increased to 45,000 km; length of highway network will reach 83,000 km; construction
of a new airport in Beijing; total number of airport to be increased from 175
to 220; and construction of 36 million affordable apartments for low-income
people. The Indian government aims to invest 8% of GDP in infrastructure.
Infrastructure spending is expected to account for 10% of GDP by the end of the
government’s 12th Five Year Plan in 2017, up from 5% in the 2002–2007 Plan.
The Indian Prime Minister declared to invest $1 trillion towards infrastructure
during the India’s 12th Plan (2012-17). The share of spend on transportation
(roads, railways, ports and airports), which stood 33% of total infrastructure
spend in the 11th Plan, is expected to double in the 12th plan, and could be
approximately $1,000 billion, against $500 billion. Brazil is expected to spend
approximately $900 billion in the coming years to construct port facilities,
power plants, hydroelectric dams, and a high-speed railway, among others. In
2011 Brazil began a four-year Growth Acceleration Programme to invest over $500
billion in logistics (including transportation), energy and social development.
Thus, strong economic growth prospects and requirement provides immense scope
to the company to further enhance its market penetration in these growing
markets.
Rising Demand for
Renewable Energy Sources
The importance of climate change increased the interest of various
companies in power generation through renewable energy sources. The company’s
energy businesses are trying to integrate their business with renewable energy
sources to protect the environment and lessen the effect of green house gases.
It is forecast that the world electricity demand will double by 2030, with
renewable energy as the third largest contributor to global electricity
production and that renewable energy could meet around one fourth of the total
electricity demand by 2030. According to Energy Information Administration
(EIA) 2011 energy outlook report for the forecast period 2008-2035, total
renewable generation worldwide is expected to increase 3.1% annually, and its
share in the global electricity generation is expected to grow from 19% in 2008
to 23% in 2035. During the forecast period, electricity generation from hydro
and wind is expected to grow by 82%. According to EIA projections for the
period 2008-2035, world renewable energy generation is forecast to grow at an
annual average rate of 3.1%, from 3,662 gigawatthours (GWh) in 2008 to 8,232
GWh in 2035. In Organisation for Economic Co-operation and Development (OECD)
countries, total electricity generation from renewable sources is expected to
increase at an annual rate of 2.2% during the forecast period, growing from
1,778 GWh in 2008 to 3,236 GWh in 2035. In non-OECD countries, renewable
generation is expected to grow 3.7% annually during the forecast period,
growing from 1,884 GWh in 2008 to 4,995 GWh in 2035. In OECD countries most
renewable energy addition is expected to come from non-hydroelectric sources,
particularly from wind and biomass. This is supported by favorable government
policies. In many OECD countries, particularly in Europe, presence of
government policies, such as tax incentives, feed-in tariffs (FITs) and market
share quotas encourage the construction of renewable electricity facilities.
Considering, non-OECD countries, power generation from hydroelectric source is
expected to be the predominant source that will lead growth in renewable
electricity. A strong growth in hydroelectric generation is expected to be seen
in China, India, Brazil, and several nations in Southeast Asia. Growth rate for
wind generation is also high in non-OECD countries and most of the addition is
expected to be seen in China. International Power is making swift progress
towards renewable energy generation. The company’s focus on renewable
generation will secure its supply, climate protection and economic efficiency.
Strategic
Restructuring
Strategic restructuring by the company is aimed at benefiting from the
growing infrastructure requirements. From fiscal year beginning October 2011,
Siemens added a new segment to its business, Infrastructure & Cities. The
new segment is aimed to capture the growing market for urban centers and
infrastructure solutions. The new segment comprises activities of its Industry
Segment’s Building Technologies and Mobility divisions; Energy Sector’s
Power Distribution Division; and Smart Grid applications. The new segment also
holds shares of Atos S.A. (AtoS), which the company received after the sale of
Siemens IT Solutions and Services to AtoS. Besides, the new segment also
includes interest in OSRAM AG (formerly OSRAM GmbH). With rapid urbanization,
there is a sharp increase in the number of large, densely populated cities
worldwide. In 2009, more than 50% of the world‘s population was living in
urban areas and this is expected to increase to about 70% by 2050, due to
population growth. As a result, there is a strong demand for sustainable and
energy-efficient infrastructures. Besides, the company is expecting that it can
cater to around €300 billion infrastructure market of the €2 trillion per
year infrastructure market. This provides immense scope for the company to
expand its market share.
Growing IVD Market
Siemens Healthcare, the subsidiary of Siemens AG, is a global supplier
in the diagnostic field. The company provides a wide variety of diagnostic
testing systems and consumables, which include clinical chemistry and
immunodiagnostics, molecular diagnostics, hematology, hemostasis, microbiology,
point-of-care testing and clinical laboratory automation solutions. According
to in-house forecasts, the worldwide In Vitro Diagnostics (IVD) market in 2010
was valued at around $42.28 billion. The market is expected to grow at a CAGR
of 5.7% during 2010-2017 to reach $62.29 billion by 2017. Genetic testing,
infectious immunology and immunochemistry are expected to be the key growth
drivers in the global In Vitro Diagnostics market. Genetic testing with a
growth rate of 15% between 2003 and 2010 and a forecast growth rate of 9.8%
between 2010 and 2017 is the fastest growing category in the global IVD market.
Major drivers for the growth in this market include a growing and longer-living
world population, associated rising incidence of chronic diseases, insufficient
staffing levels, and government funding and reimbursement. IVD testing is an
important contributing factor that aids physicians in diagnosis. This is a
factor that led to strong and sustained growth in the market in the past and is
expected to continue in the future.
Aging Population
Siemens could capture growing opportunities in the healthcare industry.
Healthcare costs in industrial nations are estimated to account for more than
10% of GDP. The increasing population of people aged above 65, who consume more
medical solutions than younger people and are more prone to chronic diseases, holds
significant market potential for the company. Demographic change is one of the
major trends in today’s world, which is intensifying the demand for
healthcare further. The United Nations Population Division estimated that the
number of people over the age of 60 throughout the world will triple to nearly
2 billion by 2050. Globally, the population of older persons is growing at a
rate of 2.6% annually. According to the United Nations Population Division,
people aged 60 are projected to account for 22% of the total world population
by 2050, up from 11% in 2009. In developed economies such as the US, the UK,
France, Germany and Japan, the percentage of the 65 and older population is in
double digits and is expected to grow for the next seven years. While developed
countries have managed to slow down their overall population growth, their
citizens’ longevity will cause problems in the future. Such a situation will
increase the healthcare costs in those countries. The pace of aging population
is faster in developing countries than in developed countries. Due to the large
volume of the overall population in countries such as China and India, the
number of people getting older is quite high. In 2009, the number of persons
aged above 60 increased three and a half times to 737 million. There were 12
countries with more than 10 million people each aged above 60, including China,
160 million; India, 89 million; the US, 56 million; Japan 38 million; the
Russian Federation 25 million; and Germany, 21 million. By 2050, 32 countries
are expected to have over 10 million people each aged above 60, including five
countries with more than 50 million older people: China, 440 million; India,
316 million; the US, 111 million, Indonesia, 72 million; and Brazil, 64
million. Such elderly population is expected to exert increasing pressure on
the healthcare system, thus creating demand for the company’s offerings.
Threats
Global Economic
Slowdown and Market Dynamics
The global economic slowdown and vague recovery scenario are likely to
create challenges for the company over the next few years. Though economic
recovery continued during the first half of 2010, the global economy was
affected by the turmoil in sovereign debt markets during the second quarter of
2010. In accordance with the recent FED releases in the US, Fed lowered its
growth forecast for the U.S. economy, as it now expects gross domestic product
to rise at just a 2.2% to 2.7% rate in 2012. In addition, World Bank also
lowered its world economic growth of 2.5% in 2012 and 3.1% in 2013, well below
the 3.6 % growth for each year projected in June 2011. The global growth
forecast were lowered in accordance with the grim situation persisting in the
Euro region, as the bank expects that if the euro area debt crisis escalates,
global growth would be about 4% points lower. Furthermore, according to the
World Bank estimates, high income economies across the globe are expected to
expand nearly 1.4% in 2012 as the euro area shrinks 0.3%, as it witnessed sharp
downward revisions from growth forecasts last June of 2.7% and 1.8%,
respectively. It also lowered the growth forecast for developing economies to
5.4% for 2012 from its previous forecast of 6.2%, as the expansion in Brazil
and India, Russia, South Africa and Turkey witnessed slowness. Furthermore,
according to experts, the global economy is expected to have a sluggish growth
in 2013, with output growth dragged down by a weak performance anticipated in
the euro zone. Austerity measures in Europe have led to cost-cutting initiatives
across prominent countries in Europe. Economic problems have prompted countries
such as Italy and France to undertake cost-cutting measures. Italy has a
cost-cutting package of €45 billion for the next two years and France, €11
billion in 2012. The markets in Spain, Portugal and the Republic of Ireland
have experienced recession and other markets such as the UK, Italy and France
are uncertain about the future. The continuing uncertainty over economic
recovery and the sovereign debt crises could adversely affect company’s
earnings, and could continue to exert pressure on its growth prospects in the
long run.
Evolving
Technological Environment
Siemens operates in a rapidly changing technological environment, and,
to compete successfully, it should continually develop, manufacture and market
innovative products that achieve market acceptance. Hence, in order to meet its
customer’s demands, the company must continuously design new, and update
existing products and invest and develop new technologies. The launch of new
products and technologies by the company involves a significant commitment
towards its research and development. Upon investing in these new technologies,
the company’s sales and profits may suffer if they are not accepted in the marketplace
as anticipated. At the same time, the company’s competitors may develop
advanced products faster than the company, which would adversely affect the
company’s competitive position.
Healthcare Reform
Bill
The healthcare reform bill signed by President Obama on March 23, 2010,
requires the players to subsidize healthcare bill through substantial annual
excise tax on medical device sales, commencing in 2013. The significant reforms
to the US healthcare system include provisions, among other things, to impose
new and increased taxes or to reduce and limit Medicare reimbursements. These
initiatives will result in reduced medical procedure volumes, impacting the
volume and price levels of products sold, and increased cost level. The
initiative by the government may harm business activities, results of
operations and the financial performance of the company.
Stringent
Regulatory Environment
Siemens has operations globally and faces risks from the protectionist
trade policies and changes in the political and regulatory environment such as
foreign exchange import and export controls, tariffs and other trade barriers
and price or exchange controls. This could affect the company’s business in
several national markets, impact the sales and profitability and make the
repatriation of profits difficult, and could expose to penalties, sanctions and
damage the company’s reputation. For example, the company conducts business
with customers in countries that are subject to export control regulations,
embargos, sanctions or other forms of trade restrictions imposed by the U.S.,
the European Union or other countries or organizations. New or tightened export
control regulations, sanctions, or other forms of trade restrictions imposed on
Iran could result in a curtailment of existing business and adaptation of its
policies. In addition, the termination of operations in Iran could expose the
company to customer claims and other actions.
|
Corporate Family |
Corporate Structure News: |
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Siemens AG |
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Siemens AG |
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|
Company
Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
|
|
Parent |
Muenchen |
Germany |
Scientific and Technical Instruments |
101,612.6 |
370,000 |
|
|
|
Joint venture with Dräger Medical Ag & Co.
Kg. |
|||||||
|
Holding |
Erlangen |
Germany |
Engineering Consultants |
42,548.3 |
83,500 |
|
|
|
Subsidiary |
Warrendale, PA |
United States |
Waste Management Services |
14.9 |
5,700 |
|
|
|
Unit |
Vineland, NJ |
United States |
Miscellaneous Capital Goods |
|
300 |
|
|
|
Subsidiary |
Gunzberg |
Germany |
Personal Services |
|
265 |
|
|
|
Unit |
Milpitas, CA |
United States |
Waste Management Services |
12.2 |
260 |
|
|
|
Unit |
Rockford, IL |
United States |
Waste Management Services |
53.3 |
250 |
|
|
|
Unit |
Waukesha, WI |
United States |
Waste Management Services |
28.8 |
220 |
|
|
|
Branch |
Rothschild, WI |
United States |
Miscellaneous Capital Goods |
40.0 |
200 |
|
|
|
Unit |
Thomasville, GA |
United States |
Waste Management Services |
21.6 |
200 |
|
|
|
Unit |
Rothschild, WI |
United States |
Scientific and Technical Instruments |
0.4 |
165 |
|
|
|
Branch |
Vineland, NJ |
United States |
Miscellaneous Fabricated Products |
8.5 |
160 |
|
|
|
Unit |
Warrendale, PA |
United States |
Miscellaneous Capital Goods |
1,200.0 |
155 |
|
|
|
Unit |
Bradley, IL |
United States |
Miscellaneous Capital Goods |
0.5 |
150 |
|
|
|
Branch |
Naperville, IL |
United States |
Miscellaneous Fabricated Products |
36.6 |
125 |
|
|
|
Branch |
Colorado Springs, CO |
United States |
Construction Services |
35.5 |
120 |
|
|
|
Unit |
Saint Paul, MN |
United States |
Scientific and Technical Instruments |
1.5 |
120 |
|
|
|
Unit |
Holland, MI |
United States |
Construction Services |
20.0 |
110 |
|
|
|
Branch |
Ames, IA |
United States |
Business Services |
16.4 |
110 |
|
|
|
Branch |
South Windsor, NSW |
Australia |
Waste Management Services |
250.0 |
100 |
|
|
|
Unit |
Union, NJ |
United States |
Scientific and Technical Instruments |
13.9 |
100 |
|
|
|
Unit |
Sarasota, FL |
United States |
Chemical Manufacturing |
1.6 |
80 |
|
|
|
Branch |
Conroe, TX |
United States |
Miscellaneous Fabricated Products |
30.0 |
60 |
|
|
|
Branch |
Plant City, FL |
United States |
Business Services |
7.4 |
60 |
|
|
|
Unit |
Baytown, TX |
United States |
Waste Management Services |
|
55 |
|
|
|
Subsidiary |
Manchester, NH |
United States |
Miscellaneous Fabricated Products |
17.2 |
49 |
|
|
|
Unit |
Red Bluff, CA |
United States |
Chemical Manufacturing |
13.2 |
45 |
|
|
|
Branch |
Los Angeles, CA |
United States |
Business Services |
5.7 |
36 |
|
|
|
Branch |
Levittown, PA |
United States |
Business Services |
4.8 |
35 |
|
|
|
Branch |
Indianapolis, IN |
United States |
Business Services |
4.7 |
35 |
|
|
|
Unit |
Poway, CA |
United States |
Miscellaneous Capital Goods |
|
35 |
|
|
|
Branch |
Gary, IN |
United States |
Miscellaneous Fabricated Products |
9.3 |
30 |
|
|
|
Branch |
San Diego, CA |
United States |
Miscellaneous Fabricated Products |
7.7 |
30 |
|
|
|
Branch |
Wilmington, CA |
United States |
Miscellaneous Fabricated Products |
7.7 |
30 |
|
|
|
Branch |
San Carlos, CA |
United States |
Miscellaneous Fabricated Products |
7.7 |
30 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Business Services |
5.1 |
30 |
|
|
|
Branch |
Vancouver, WA |
United States |
Business Services |
4.5 |
30 |
|
|
|
Branch |
Tampa, FL |
United States |
Business Services |
3.7 |
30 |
|
|
|
Subsidiary |
Markham, ON |
Canada |
Electronic Instruments and Controls |
|
30 |
|
|
|
Branch |
Arcadia, CA |
United States |
Business Services |
3.9 |
25 |
|
|
|
Branch |
Beltsville, MD |
United States |
Business Services |
3.8 |
25 |
|
|
|
Branch |
Sparrows Point, MD |
United States |
Business Services |
3.8 |
25 |
|
|
|
Branch |
Bradley, IL |
United States |
Business Services |
3.7 |
25 |
|
|
|
Branch |
Evansville, IN |
United States |
Business Services |
3.4 |
25 |
|
|
|
Branch |
Lowell, MA |
United States |
Business Services |
3.3 |
25 |
|
|
|
Branch |
Warren, NJ |
United States |
Business Services |
3.2 |
25 |
|
|
|
Branch |
Orlando, FL |
United States |
Business Services |
3.1 |
25 |
|
|
|
Branch |
Londonderry, NH |
United States |
Business Services |
2.9 |
25 |
|
|
|
Branch |
New Berlin, WI |
United States |
Business Services |
2.9 |
25 |
|
|
|
Branch |
Parker, AZ |
United States |
Chemical Manufacturing |
41.1 |
20 |
|
|
|
Branch |
Markham, ON |
Canada |
Public Sector and Government |
6.5 |
20 |
|
|
|
Branch |
San Carlos, CA |
United States |
Business Services |
3.1 |
20 |
|
|
|
Subsidiary |
Minneapolis, MN |
United States |
Business Services |
2.2 |
18 |
|
|
|
Branch |
Tulsa, OK |
United States |
Miscellaneous Fabricated Products |
4.8 |
15 |
|
|
|
Branch |
Houston, TX |
United States |
Business Services |
3.1 |
15 |
|
|
|
Unit |
Houston, TX |
United States |
Water Utilities |
1.1 |
15 |
|
|
|
Branch |
Canton, GA |
United States |
Business Services |
2.0 |
13 |
|
|
|
Branch |
Durham, NC |
United States |
Miscellaneous Fabricated Products |
3.7 |
12 |
|
|
|
Branch |
Mesa, AZ |
United States |
Miscellaneous Fabricated Products |
3.0 |
12 |
|
|
|
Branch |
Dundalk, MD |
United States |
Waste Management Services |
17.3 |
10 |
|
|
|
Branch |
Albuquerque, NM |
United States |
Miscellaneous Capital Goods |
10.0 |
8 |
|
|
|
Branch |
Plainfield, IL |
United States |
Miscellaneous Fabricated Products |
2.0 |
7 |
|
|
|
Branch |
Montvale, VA |
United States |
Oil and Gas Operations |
52.7 |
6 |
|
|
|
Branch |
Bridgewater, NJ |
United States |
Business Services |
3.2 |
6 |
|
|
|
Branch |
Brush Prairie, WA |
United States |
Chemical Manufacturing |
3.5 |
5 |
|
|
|
Subsidiary |
Linz |
Austria |
Engineering Consultants |
96.9 |
1,398 |
|
|
|
Subsidiary |
Worcester, MA |
United States |
Miscellaneous Capital Goods |
12.5 |
1,100 |
|
|
|
Subsidiary |
Mumbai |
India |
Miscellaneous Capital Goods |
|
70 |
|
|
|
Subsidiary |
Sheffield |
United Kingdom |
Miscellaneous Capital Goods |
|
20 |
|
|
|
Subsidiary |
Sao Paulo, SP |
Brazil |
Miscellaneous Capital Goods |
|
15 |
|
|
|
Subsidiary |
Pittsburgh, PA |
United States |
Miscellaneous Fabricated Products |
2.5 |
1 |
|
|
|
Subsidiary |
Shanghai |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Savigneux |
France |
Miscellaneous Capital Goods |
194.6 |
490 |
|
|
|
Subsidiary |
Sheffield |
United Kingdom |
Personal Services |
396.6 |
438 |
|
|
|
Subsidiary |
Willstätt, Baden-Württemberg |
Germany |
Construction - Supplies and Fixtures |
95.6 |
400 |
|
|
|
Subsidiary |
Sheffield |
Germany |
Miscellaneous Fabricated Products |
|
|
|
|
|
Subsidiary |
Kolkata, West Bengal |
India |
Miscellaneous Fabricated Products |
15.7 |
250 |
|
|
|
Subsidiary |
Getxo, Vizcaya |
Spain |
Miscellaneous Fabricated Products |
46.5 |
73 |
|
|
|
Subsidiary |
Taicang, Jiangsu |
China |
Electronic Instruments and Controls |
29.4 |
57 |
|
|
|
Subsidiary |
Marnate |
Italy |
Miscellaneous Fabricated Products |
|
|
|
|
|
Holding |
Nuremberg |
Germany |
Miscellaneous Capital Goods |
|
70,600 |
|
|
|
Joint Venture |
München, Bayern |
Germany |
Appliance and Tool |
13,423.4 |
44,814 |
|
|
|
Subsidiary |
Umraniye |
Turkey |
Appliance and Tool |
1,865.4 |
4,267 |
|
|
|
Subsidiary |
Zaragoza |
Spain |
Appliance and Tool |
1,870.1 |
4,085 |
|
|
|
Subsidiary |
Mooca, Sao Paulo |
Brazil |
Appliance and Tool |
|
2,700 |
|
|
|
Subsidiary |
Warszawa |
Poland |
Appliance and Tool |
1,220.3 |
1,679 |
|
|
|
Subsidiary |
Huntington Beach, CA |
United States |
Appliance and Tool |
|
1,200 |
|
|
|
Branch |
New Bern, NC |
United States |
Appliance and Tool |
251.6 |
800 |
|
|
|
Branch |
Greenville, NC |
United States |
Appliance and Tool |
12.5 |
5 |
|
|
|
Branch |
Norwood, MA |
United States |
Appliance and Tool |
12.5 |
5 |
|
|
|
Branch |
Jacksboro, TN |
United States |
Appliance and Tool |
12.3 |
5 |
|
|
|
Subsidiary |
Nazarje |
Slovenia |
Appliance and Tool |
439.1 |
1,068 |
|
|
|
Subsidiary |
Michalovce |
Slovakia |
Electronic Instruments and Controls |
231.6 |
850 |
|
|
|
Subsidiary |
Kifissia |
Greece |
Appliance and Tool |
286.3 |
810 |
|
|
|
Subsidiary |
St. Petersburg |
Russian Federation |
Appliance and Tool |
188.4 |
800 |
|
|
|
Subsidiary |
Milton Keynes |
United Kingdom |
Appliance and Tool |
816.7 |
791 |
|
|
|
Subsidiary |
Hoofddorp, North Holland |
Netherlands |
Retail (Specialty) |
445.9 |
450 |
|
|
|
Subsidiary |
Lipsheim |
France |
Appliance and Tool |
79.2 |
335 |
|
|
|
Subsidiary |
Saint Ouen |
France |
Appliance and Tool |
805.3 |
300 |
|
|
|
Subsidiary |
Solna |
Sweden |
Appliance and Tool |
654.2 |
288 |
|
|
|
Subsidiary |
Oslo |
Norway |
Appliance and Tool |
102.4 |
68 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Appliance and Tool |
663.4 |
250 |
|
|
|
Subsidiary |
Wien |
Austria |
Appliance and Tool |
239.2 |
244 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Appliance and Tool |
314.0 |
221 |
|
|
|
Subsidiary |
Milton Keynes |
United Kingdom |
Appliance and Tool |
|
150 |
|
|
|
Subsidiary |
Carnaxide, Oeiras |
Portugal |
Appliance and Tool |
94.6 |
131 |
|
|
|
Subsidiary |
Kabin Buri, Prachin Buri |
Thailand |
Appliance and Tool |
|
130 |
|
|
|
Subsidiary |
Ballerup |
Denmark |
Appliance and Tool |
143.2 |
129 |
|
|
|
Subsidiary |
Nauen, Brandenburg |
Germany |
Personal Services |
|
104 |
|
|
|
Subsidiary |
Praha |
Czech Republic |
Appliance and Tool |
106.6 |
89 |
|
|
|
Subsidiary |
Milano |
Italy |
Appliance and Tool |
284.2 |
66 |
|
|
|
Subsidiary |
München |
Germany |
Appliance and Tool |
125.0 |
60 |
|
|
|
Subsidiary |
Bretten |
Germany |
Appliance and Tool |
360.2 |
1,100 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Commercial Banks |
|
3 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Appliance and Tool |
394.8 |
1,080 |
|
|
|
Subsidiary |
Nauen, Brandenburg |
Germany |
Personal and Household Products |
477.6 |
500 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Appliance and Tool |
34.2 |
60 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Appliance and Tool |
96.9 |
46 |
|
|
|
Subsidiary |
Huai Khwang, Bangkok |
Thailand |
Appliance and Tool |
|
200 |
|
|
|
Subsidiary |
Tai Kok Tsui, Kowloon |
Hong Kong |
Appliance and Tool |
|
100 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Appliance and Tool |
87.7 |
37 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Business Services |
|
2 |
|
|
|
Subsidiary |
Zaragoza, Zaragoza |
Spain |
Appliance and Tool |
875.0 |
|
|
|
|
Subsidiary |
Hortolandia, SP |
Brazil |
Appliance and Tool |
625.0 |
|
|
|
|
Subsidiary |
Mumbai |
India |
Appliance and Tool |
|
|
|
|
|
Joint Venture |
Nanjing |
China |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Johannesburg |
South Africa |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Investment Services |
|
|
|
|
|
Subsidiary |
Gaggenau |
Germany |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Personal and Household Products |
6,966.0 |
41,000 |
|
|
|
|
|||||||
|
Subsidiary |
Danvers, MA |
United States |
Electronic Instruments and Controls |
1,750.0 |
11,200 |
|
|
|
Joint Venture |
Seymour, IN |
United States |
Electronic Instruments and Controls |
9.5 |
1,450 |
|
|
|
Branch |
El Paso, TX |
United States |
Electronic Instruments and Controls |
1,822.6 |
700 |
|
|
|
Branch |
Manchester, NH |
United States |
Scientific and Technical Instruments |
1,384.5 |
650 |
|
|
|
Branch |
Hillsborough, NH |
United States |
Electronic Instruments and Controls |
19.4 |
600 |
|
|
|
Branch |
St Marys, PA |
United States |
Electronic Instruments and Controls |
125.4 |
500 |
|
|
|
Subsidiary |
Danvers, MA |
United States |
Furniture and Fixtures |
|
500 |
|
|
|
Subsidiary |
Orange, CA |
United States |
Furniture and Fixtures |
|
840 |
|
|
|
Branch |
Union City, CA |
United States |
Construction Services |
0.8 |
150 |
|
|
|
Branch |
Santa Fe Springs, CA |
United States |
Construction Services |
1.1 |
125 |
|
|
|
Branch |
San Jose, CA |
United States |
Construction Services |
|
30 |
|
|
|
Division |
Exeter, NH |
United States |
Chemical Manufacturing |
106.1 |
300 |
|
|
|
Subsidiary |
Exeter, NH |
United States |
Miscellaneous Capital Goods |
93.1 |
300 |
|
|
|
Branch |
Winchester, KY |
United States |
Photography |
162.7 |
250 |
|
|
|
Branch |
Versailles, KY |
United States |
Electronic Instruments and Controls |
73.2 |
240 |
|
|
|
Branch |
Wellsboro, PA |
United States |
Furniture and Fixtures |
16.5 |
200 |
|
|
|
Branch |
Corbin, KY |
United States |
Miscellaneous Fabricated Products |
1.1 |
170 |
|
|
|
Branch |
Gurabo, PR |
United States |
Construction - Supplies and Fixtures |
|
146 |
|
|
|
Branch |
Bethlehem, PA |
United States |
Electronic Instruments and Controls |
124.5 |
100 |
|
|
|
Branch |
Westfield, IN |
United States |
Electronic Instruments and Controls |
5.9 |
94 |
|
|
|
Branch |
Central Falls, RI |
United States |
Electronic Instruments and Controls |
159.6 |
93 |
|
|
|
Branch |
Warren, PA |
United States |
Fabricated Plastic and Rubber |
21.5 |
80 |
|
|
|
Branch |
Teaneck, NJ |
United States |
Business Services |
0.4 |
70 |
|
|
|
Branch |
Ontario, CA |
United States |
Electronic Instruments and Controls |
128.7 |
50 |
|
|
|
Branch |
Monroeville, PA |
United States |
Business Services |
4.3 |
50 |
|
|
|
Branch |
Phoenix, AZ |
United States |
Business Services |
5.4 |
40 |
|
|
|
Branch |
Hayward, CA |
United States |
Electronic Instruments and Controls |
40.7 |
30 |
|
|
|
Branch |
Tampa, FL |
United States |
Business Services |
4.6 |
30 |
|
|
|
Branch |
Columbia, MD |
United States |
Electronic Instruments and Controls |
32.2 |
25 |
|
|
|
Subsidiary |
Northville, MI |
United States |
Electronic Instruments and Controls |
7.0 |
25 |
|
|
|
Branch |
Richmond, VA |
United States |
Business Services |
5.5 |
25 |
|
|
|
Branch |
Fresno, CA |
United States |
Business Services |
4.9 |
25 |
|
|
|
Branch |
Rancho Cordova, CA |
United States |
Business Services |
4.9 |
25 |
|
|
|
Branch |
Poway, CA |
United States |
Business Services |
4.9 |
25 |
|
|
|
Branch |
Clackamas, OR |
United States |
Business Services |
4.3 |
25 |
|
|
|
Branch |
Powder Springs, GA |
United States |
Business Services |
4.0 |
25 |
|
|
|
Branch |
Eldorado, OK |
United States |
Business Services |
3.9 |
25 |
|
|
|
Branch |
Cincinnati, OH |
United States |
Business Services |
3.6 |
25 |
|
|
|
Branch |
Portland, OR |
United States |
Business Services |
3.7 |
22 |
|
|
|
Subsidiary |
Northville, MI |
United States |
Semiconductors |
3.4 |
20 |
|
|
|
Branch |
Denver, CO |
United States |
Electronic Instruments and Controls |
22.7 |
18 |
|
|
|
Branch |
Troy, MI |
United States |
Construction Services |
3.2 |
10 |
|
|
|
Branch |
Versailles, KY |
United States |
Miscellaneous Fabricated Products |
18.7 |
8 |
|
|
|
Branch |
Bartlett, TN |
United States |
Electronic Instruments and Controls |
8.5 |
7 |
|
|
|
Branch |
Austin, TX |
United States |
Electronic Instruments and Controls |
2.8 |
6 |
|
|
|
Branch |
Dallas, TX |
United States |
Electronic Instruments and Controls |
6.9 |
5 |
|
|
|
Branch |
East Brunswick, NJ |
United States |
Electronic Instruments and Controls |
6.8 |
5 |
|
|
|
Branch |
San Diego, CA |
United States |
Electronic Instruments and Controls |
6.8 |
5 |
|
|
|
Branch |
Canton, MA |
United States |
Electronic Instruments and Controls |
6.1 |
5 |
|
|
|
Branch |
Knoxville, TN |
United States |
Electronic Instruments and Controls |
6.1 |
5 |
|
|
|
Subsidiary |
Anaheim, CA |
United States |
Business Services |
3.5 |
5 |
|
|
|
Subsidiary |
Regensburg, Bayern |
Germany |
Semiconductors |
931.8 |
4,600 |
|
|
|
Subsidiary |
Nové Zámky |
Slovakia |
Electronic Instruments and Controls |
137.9 |
1,849 |
|
|
|
Subsidiary |
Traunreut, Bayern |
Germany |
Furniture and Fixtures |
288.2 |
1,250 |
|
|
|
Subsidiary |
Traunreut, Bayern |
Germany |
Consumer Financial Services |
184.9 |
1,052 |
|
|
|
Subsidiary |
Traunreut, Bayern |
Germany |
Consumer Financial Services |
|
1 |
|
|
|
Subsidiary |
Istanbul (Anatolia) |
Turkey |
Electronic Instruments and Controls |
|
87 |
|
|
|
Subsidiary |
Stockport |
United Kingdom |
Miscellaneous Capital Goods |
8.6 |
34 |
|
|
|
Subsidiary |
Cinisello Balsamo, Milano |
Italy |
Construction - Supplies and Fixtures |
4.7 |
10 |
|
|
|
Subsidiary |
Puchong, Selangor |
Malaysia |
Construction - Supplies and Fixtures |
7.1 |
|
|
|
|
Subsidiary |
Milano, MI |
Italy |
Electronic Instruments and Controls |
375.9 |
1,037 |
|
|
|
Subsidiary |
Bruntál |
Czech Republic |
Electronic Instruments and Controls |
63.2 |
940 |
|
|
|
Subsidiary |
Molsheim |
France |
Construction - Supplies and Fixtures |
333.6 |
874 |
|
|
|
Subsidiary |
Molsheim |
France |
Electronic Instruments and Controls |
322.5 |
874 |
|
|
|
Subsidiary |
Sonepat, Haryana |
India |
Electronic Instruments and Controls |
|
800 |
|
|
|
Subsidiary |
Tultitlán, Estado de México |
Mexico |
Electronic Instruments and Controls |
82.5 |
700 |
|
|
|
Subsidiary |
Wipperfürth, Nordrhein-Westfalen |
Germany |
Electronic Instruments and Controls |
133.5 |
600 |
|
|
|
Subsidiary |
Osasco, SP |
Brazil |
Electronic Instruments and Controls |
125.0 |
560 |
|
|
|
Subsidiary |
Kunshan, Jiangsu |
China |
Electronic Instruments and Controls |
81.2 |
400 |
|
|
|
Subsidiary |
Yokohama, Kanagawa |
Japan |
Electronic Instruments and Controls |
|
300 |
|
|
|
Subsidiary |
Ansan-si, Gyeonggi-do |
Korea, Republic of |
Electronic Instruments and Controls |
131.0 |
273 |
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Electronic Instruments and Controls |
45.1 |
180 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Electronic Instruments and Controls |
33.9 |
140 |
|
|
|
Subsidiary |
Slough |
United Kingdom |
Construction - Supplies and Fixtures |
92.7 |
99 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
|
85 |
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Electronic Instruments and Controls |
85.1 |
83 |
|
|
|
Subsidiary |
Warszawa |
Poland |
Electronic Instruments and Controls |
|
50 |
|
|
|
Subsidiary |
Pennant Hills, NSW |
Australia |
Furniture and Fixtures |
20.9 |
46 |
|
|
|
Subsidiary |
Winterthur |
Switzerland |
Electronic Instruments and Controls |
|
43 |
|
|
|
Subsidiary |
Vantaa |
Finland |
Miscellaneous Capital Goods |
25.2 |
33 |
|
|
|
Subsidiary |
Wien |
Austria |
Electronic Instruments and Controls |
8.9 |
30 |
|
|
|
Subsidiary |
Lysaker |
Norway |
Electronic Instruments and Controls |
37.4 |
27 |
|
|
|
Subsidiary |
Athens |
Greece |
Electronic Instruments and Controls |
20.7 |
25 |
|
|
|
Subsidiary |
Carnaxide, Lisboa |
Portugal |
Electronic Instruments and Controls |
24.4 |
23 |
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Electronic Instruments and Controls |
|
20 |
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Electronic Instruments and Controls |
16.9 |
15 |
|
|
|
Subsidiary |
Wan Chai, Hong Kong |
Hong Kong |
Electronic Instruments and Controls |
|
13 |
|
|
|
Subsidiary |
Voluntari |
Romania |
Electronic Instruments and Controls |
|
12 |
|
|
|
Subsidiary |
Novi Beograd |
Serbia |
Furniture and Fixtures |
|
6 |
|
|
|
Subsidiary |
Mostar |
Bosnia and Herzegovina |
Business Services |
|
4 |
|
|
|
Subsidiary |
Wan Chai, Hong Kong |
Hong Kong |
Furniture and Fixtures |
120.5 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
31.1 |
|
|
|
|
Subsidiary |
Ha Noi |
Viet Nam |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Smolensk |
Russian Federation |
Electronic Instruments and Controls |
29.6 |
|
|
|
|
Subsidiary |
Tai Po, New Territories |
Hong Kong |
Electronic Instruments and Controls |
25.3 |
|
|
|
|
Subsidiary |
Paderborn, Nordrhein-Westfalen |
Germany |
Scientific and Technical Instruments |
|
33 |
|
|
|
Subsidiary |
Kwun Tong, Kowloon |
Hong Kong |
Electronic Instruments and Controls |
24.0 |
|
|
|
|
Subsidiary |
Makati City |
Philippines |
Electronic Instruments and Controls |
5.8 |
|
|
|
|
Subsidiary |
Foshan, Guangdong Province |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Midrand |
South Africa |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Capelle aan den IJssel |
Netherlands |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Bangkok |
Thailand |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Ho Chi Minh City |
Viet Nam |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Sofia |
Bulgaria |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Zagreb |
Croatia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Furniture and Fixtures |
|
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Santiago de Chile |
Chile |
Furniture and Fixtures |
|
|
|
|
|
Subsidiary |
Bogotá |
Colombia |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Tehran |
Iran |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Yokohama |
Japan |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Yokosuka-shi |
Japan |
Furniture and Fixtures |
|
|
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Paderborn |
Germany |
Furniture and Fixtures |
|
|
|
|
|
Holding |
Erlangen |
Germany |
Medical Equipment and Supplies |
11,906.0 |
33,000 |
|
|
|
Subsidiary |
Malvern, PA |
United States |
Medical Equipment and Supplies |
|
8,000 |
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Electronic Instruments and Controls |
2,125.2 |
9,010 |
|
|
|
Siemens
Soluções E Serviços De Tecnologia Da Informação Ltda. |
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Software and Programming |
|
454 |
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Manaus, AM |
Brazil |
Semiconductors |
2,124.6 |
900 |
|
|
|
Subsidiary |
Canoas, Rio Grande Do Sul |
Brazil |
Electronic Instruments and Controls |
|
590 |
|
|
|
Subsidiary |
Ciudad De Buenos Aires, Ciudad De
Buenos Aires |
Argentina |
Electric Utilities |
|
|
|
|
|
Subsidiary |
São Caetano do Sul |
Brazil |
Software and Programming |
|
|
|
|
|
Subsidiary |
Knoxville, TN |
United States |
Medical Equipment and Supplies |
12.6 |
963 |
|
|
|
Subsidiary |
Knoxville, TN |
United States |
Medical Equipment and Supplies |
|
500 |
|
|
|
Division |
Knoxville, TN |
United States |
Miscellaneous Capital Goods |
|
300 |
|
|
|
Division |
Knoxville, TN |
United States |
Medical Equipment and Supplies |
|
65 |
|
|
|
Subsidiary |
|
|
|
|
|
|
|
|
Subsidiary |
Knoxville, TN |
United States |
Medical Equipment and Supplies |
|
550 |
|
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Medical Equipment and Supplies |
11.1 |
19 |
|
|
|
Branch |
Culver City, CA |
United States |
Business Services |
27.0 |
10 |
|
|
|
Branch |
Little Rock, AR |
United States |
Personal and Household Products |
16.5 |
7 |
|
|
|
Branch |
Albany, NY |
United States |
Personal and Household Products |
12.9 |
5 |
|
|
|
Branch |
Pensacola, FL |
United States |
Personal and Household Products |
12.9 |
5 |
|
|
|
Branch |
Portland, OR |
United States |
Personal and Household Products |
12.3 |
5 |
|
|
|
Branch |
Issaquah, WA |
United States |
Medical Equipment and Supplies |
174.6 |
525 |
|
|
|
Branch |
Austin, TX |
United States |
Medical Equipment and Supplies |
186.1 |
350 |
|
|
|
Branch |
Raleigh, NC |
United States |
Medical Equipment and Supplies |
114.0 |
350 |
|
|
|
Branch |
Hudson, OH |
United States |
Medical Equipment and Supplies |
109.1 |
350 |
|
|
|
Branch |
Hollidaysburg, PA |
United States |
Medical Equipment and Supplies |
101.1 |
350 |
|
|
|
Branch |
Concord, CA |
United States |
Medical Equipment and Supplies |
95.1 |
350 |
|
|
|
Subsidiary |
Los Angeles, CA |
United States |
Scientific and Technical Instruments |
|
250 |
|
|
|
Division |
Flanders, NJ |
United States |
Biotechnology and Drugs |
105.2 |
450 |
|
|
|
Branch |
Cypress, CA |
United States |
Medical Equipment and Supplies |
14.1 |
200 |
|
|
|
Branch |
Norwood, MA |
United States |
Medical Equipment and Supplies |
35.9 |
150 |
|
|
|
Branch |
Atlanta, GA |
United States |
Medical Equipment and Supplies |
38.3 |
125 |
|
|
|
Branch |
Alpharetta, GA |
United States |
Medical Equipment and Supplies |
153.2 |
100 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Medical Equipment and Supplies |
|
100 |
|
|
|
Branch |
New York, NY |
United States |
Medical Equipment and Supplies |
|
100 |
|
|
|
Branch |
Salt Lake City, UT |
United States |
Software and Programming |
|
80 |
|
|
|
Subsidiary |
Amadora |
Portugal |
Medical Equipment and Supplies |
49.6 |
79 |
|
|
|
Branch |
Houston, TX |
United States |
Medical Equipment and Supplies |
142.7 |
60 |
|
|
|
Subsidiary |
Eschborn |
Germany |
Software and Programming |
|
50 |
|
|
|
Branch |
Cary, NC |
United States |
Medical Equipment and Supplies |
14.7 |
45 |
|
|
|
Branch |
Youngstown, OH |
United States |
Computer Hardware |
3.1 |
41 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Software and Programming |
|
30 |
|
|
|
Subsidiary |
Midrand, Rendjesfontein |
South Africa |
Medical Equipment and Supplies |
4.3 |
21 |
|
|
|
Branch |
Pleasanton, CA |
United States |
Medical Equipment and Supplies |
35.3 |
15 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Audio and Video Equipment |
|
15 |
|
|
|
Subsidiary |
Rome |
Italy |
Software and Programming |
|
14 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Medical Equipment and Supplies |
|
12 |
|
|
|
Branch |
Oneonta, NY |
United States |
Medical Equipment and Supplies |
13.5 |
6 |
|
|
|
Branch |
Orlando, FL |
United States |
Medical Equipment and Supplies |
13.5 |
6 |
|
|
|
Branch |
Greensboro, NC |
United States |
Medical Equipment and Supplies |
12.8 |
6 |
|
|
|
Branch |
Ann Arbor, MI |
United States |
Medical Equipment and Supplies |
12.1 |
6 |
|
|
|
Branch |
Culver City, CA |
United States |
Medical Equipment and Supplies |
11.8 |
5 |
|
|
|
Subsidiary |
Eschborn |
Germany |
Medical Equipment and Supplies |
1.0 |
|
|
|
|
Subsidiary |
Midrand |
South Africa |
Medical Equipment and Supplies |
|
21 |
|
|
|
Subsidiary |
Petaling Jaya |
Malaysia |
Medical Equipment and Supplies |
|
13 |
|
|
|
Subsidiary |
Beijing |
China |
Electronic Instruments and Controls |
8,902.6 |
30,000 |
|
|
|
Subsidiary |
Yizheng, Jaingsu Province |
China |
Electronic Instruments and Controls |
|
1,500 |
|
|
|
Subsidiary |
Jinan City, Shan Dong |
China |
Electronic Instruments and Controls |
125.9 |
500 |
|
|
|
Subsidiary |
Guangzhou, Guangdong |
China |
Electronic Instruments and Controls |
157.8 |
650 |
|
|
|
Subsidiary |
Wuhan, Hubei |
China |
Electronic Instruments and Controls |
20.3 |
400 |
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Electronic Instruments and Controls |
77.5 |
500 |
|
|
|
Subsidiary |
Shenzhen, Guangdong |
China |
Medical Equipment and Supplies |
|
500 |
|
|
|
Subsidiary |
Dalian, Liaoning |
China |
Electronic Instruments and Controls |
|
500 |
|
|
|
Subsidiary |
Shanghai, Shanghai |
China |
Electronic Instruments and Controls |
64.3 |
200 |
|
|
|
Subsidiary |
Huludao, Liaoning |
China |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Wuxi, Jiangsu |
China |
Medical Equipment and Supplies |
|
135 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Electric Utilities |
136.6 |
100 |
|
|
|
Subsidiary |
Nanjing, Jaingsu Province |
China |
Scientific and Technical Instruments |
140.5 |
2 |
|
|
|
Subsidiary |
Tianjin, Tianjin |
China |
Engineering Consultants |
227.6 |
|
|
|
|
Subsidiary |
Nanjing, Jiangsu |
China |
Engineering Consultants |
0.6 |
|
|
|
|
Subsidiary |
Wuxi, Jiangsu Province |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Tianjin |
China |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Hangzhou |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Suzhou, Jiangsu Province |
China |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Consumer Financial Services |
|
|
|
|
|
Subsidiary |
Xi'an, Shanxi Province |
China |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Real Estate Operations |
|
|
|
|
|
Subsidiary |
Wuxi |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Holding |
Erlangen |
Germany |
Railroads |
|
25,000 |
|
|
|
Subsidiary |
Munich |
Germany |
Railroads |
1.0 |
18,400 |
|
|
|
Subsidiary |
Krefeld, Uerdingen |
Germany |
Miscellaneous Transportation |
|
1,200 |
|
|
|
Subsidiary |
Vienna |
Austria |
Communications Equipment |
|
11,800 |
|
|
|
Subsidiary |
Mumbai |
India |
Electronic Instruments and Controls |
2,707.2 |
10,794 |
|
|
|
Subsidiary |
Mumbai |
India |
Computer Services |
1.0 |
5,500 |
|
|
|
Subsidiary |
Chennai |
India |
Security Systems and Services |
1.0 |
120 |
|
|
|
Subsidiary |
Mumbai, Maharashtra |
India |
Software and Programming |
2,634.2 |
|
|
|
|
Branch |
Bangalore, Karnataka |
India |
Business Services |
6.5 |
70 |
|
|
|
Subsidiary |
Chennai, Tamil Nadu |
India |
Electronic Instruments and Controls |
67.3 |
|
|
|
|
Branch |
Pondicherry, Pondicherry |
India |
Electronic Instruments and Controls |
|
600 |
|
|
|
Subsidiary |
Kanchipuram, Tamil Nadu |
India |
Engineering Consultants |
61.4 |
|
|
|
|
Subsidiary |
Baroda |
India |
Healthcare Facilities |
13.5 |
|
|
|
|
Subsidiary |
Chennai, Tamil Nadu |
India |
Business Services |
5.1 |
|
|
|
|
Subsidiary |
Chennai |
India |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Mumbai |
India |
Miscellaneous Financial Services |
|
|
|
|
|
Subsidiary |
Bangalore |
India |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Bangalore |
India |
Business Services |
|
|
|
|
|
Subsidiary |
Belo Horizonte, Minas Gerais |
Brazil |
Communications Services |
2,124.6 |
10,000 |
|
|
|
Subsidiary |
Curitiba, Parana |
Brazil |
Communications Services |
2,124.6 |
10,000 |
|
|
|
Subsidiary |
México, D.F. |
Mexico |
Electronic Instruments and Controls |
1,127.4 |
8,360 |
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Software and Programming |
|
152 |
|
|
|
Subsidiary |
México |
Mexico |
Software and Programming |
|
|
|
|
|
Subsidiary |
Brande |
Denmark |
Miscellaneous Capital Goods |
3,231.2 |
7,800 |
|
|
|
Subsidiary |
Wien |
Austria |
Communications Equipment |
3,439.2 |
7,431 |
|
|
|
Subsidiary |
Wien |
Austria |
Real Estate Operations |
93.1 |
395 |
|
|
|
Subsidiary |
Mainz, Rheinland-Pfalz |
Germany |
Business Services |
65.9 |
255 |
|
|
|
Subsidiary |
Wien |
Austria |
Audio and Video Equipment |
10.9 |
20 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Software and Programming |
16.9 |
218 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Software and Programming |
59.5 |
175 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Business Services |
22.6 |
165 |
|
|
|
Subsidiary |
Linz, Oberösterreich |
Austria |
Software and Programming |
31.9 |
85 |
|
|
|
Subsidiary |
Linz, Oberösterreich |
Austria |
Software and Programming |
5.2 |
60 |
|
|
|
Subsidiary |
Innsbruck |
Austria |
Computer Services |
4.8 |
56 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Appliance and Tool |
32.8 |
33 |
|
|
|
Subsidiary |
Wien |
Austria |
Consumer Financial Services |
|
33 |
|
|
|
Subsidiary |
Bucuresti |
Romania |
Construction Services |
5.8 |
2 |
|
|
|
Subsidiary |
Kiev |
Ukraine |
Office Equipment |
29.4 |
|
|
|
|
Subsidiary |
Linz, Oberösterreich |
Austria |
Software and Programming |
23.3 |
|
|
|
|
Subsidiary |
Eisenstadt, Burgenland |
Austria |
Scientific and Technical Instruments |
14.6 |
|
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Business Services |
1.0 |
|
|
|
|
Subsidiary |
Linz |
Austria |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Investment Services |
|
|
|
|
|
Subsidiary |
Graz, Steiermark |
Austria |
Medical Equipment and Supplies |
|
|
|
|
|
VA Technologie AG |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Guanajuato, Guanajuato |
Mexico |
Electronic Instruments and Controls |
|
450 |
|
|
|
Subsidiary |
Linz, Oberösterreich |
Austria |
Construction Services |
9.5 |
270 |
|
|
|
Subsidiary |
Berlin |
Germany |
Computer Services |
35.8 |
120 |
|
|
|
Subsidiary |
Raisen, Madhya Pradesh |
India |
Electronic Instruments and Controls |
155.6 |
|
|
|
|
Subsidiary |
Faridabad, Haryana |
India |
Construction Services |
|
|
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Manchester |
United Kingdom |
Electronic Instruments and Controls |
508.0 |
788 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Plano, TX |
United States |
Computer Networks |
1,218.7 |
7,200 |
|
|
|
Branch |
Milford, OH |
United States |
Software and Programming |
286.3 |
700 |
|
|
|
Branch |
Pittsburgh, PA |
United States |
Engineering Consultants |
88.7 |
401 |
|
|
|
Subsidiary |
Maryland Heights, MO |
United States |
Software and Programming |
112.5 |
275 |
|
|
|
Division |
Cologne |
Germany |
Software and Programming |
75.0 |
160 |
|
|
|
Division |
Berlin |
Germany |
Retail (Technology) |
|
500 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Computer Hardware |
60.7 |
150 |
|
|
|
Subsidiary |
Livonia, MI |
United States |
Business Services |
19.0 |
150 |
|
|
|
Division |
Herzliyya |
Israel |
Audio and Video Equipment |
86.3 |
140 |
|
|
|
Division |
Huntsville, AL |
United States |
Software and Programming |
11.5 |
105 |
|
|
|
Subsidiary |
Kista |
Sweden |
Software and Programming |
58.2 |
100 |
|
|
|
Division |
Ames, IA |
United States |
Software and Programming |
16.4 |
95 |
|
|
|
Branch |
Ann Arbor, MI |
United States |
Retail (Technology) |
20.8 |
80 |
|
|
|
Branch |
San Jose, CA |
United States |
Computer Services |
1.5 |
50 |
|
|
|
Branch |
San Diego, CA |
United States |
Software and Programming |
16.4 |
40 |
|
|
|
Branch |
Waltham, MA |
United States |
Software and Programming |
16.4 |
40 |
|
|
|
Branch |
West Chester, OH |
United States |
Software and Programming |
16.4 |
35 |
|
|
|
Division |
Richardson, TX |
United States |
Computer Networks |
|
35 |
|
|
|
Branch |
Fairport, NY |
United States |
Software and Programming |
12.3 |
30 |
|
|
|
Branch |
Downers Grove, IL |
United States |
Computer Services |
8.0 |
30 |
|
|
|
Branch |
State College, PA |
United States |
Software and Programming |
16.4 |
25 |
|
|
|
Branch |
San Diego, CA |
United States |
Software and Programming |
|
13 |
|
|
|
Branch |
Duluth, GA |
United States |
Software and Programming |
2.0 |
5 |
|
|
|
Tecnomatix Technologies Ltd |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Newington, NH |
United States |
Software and Programming |
40.9 |
100 |
|
|
|
EDS PLM Solutions Inc |
Branch |
|
|
|
|
|
|
|
Subsidiary |
Zurich |
Switzerland |
Software and Programming |
|
70 |
|
|
|
Subsidiary |
Praha |
Czech Republic |
Communications Equipment |
1,087.3 |
7,062 |
|
|
|
Subsidiary |
Saint Denis |
France |
Electronic Instruments and Controls |
3,204.4 |
6,881 |
|
|
|
Subsidiary |
Bidart |
France |
Computer Networks |
18.9 |
149 |
|
|
|
Subsidiary |
Deerfield, IL |
United States |
Biotechnology and Drugs |
2.7 |
6,400 |
|
|
|
Subsidiary |
Brussels |
Belgium |
Medical Equipment and Supplies |
|
15,000 |
|
|
|
Branch |
Newark, DE |
United States |
Medical Equipment and Supplies |
965.4 |
1,500 |
|
|
|
Subsidiary |
Tarrytown, NY |
United States |
Scientific and Technical Instruments |
3.3 |
815 |
|
|
|
Subsidiary |
West Sacramento, CA |
United States |
Medical Equipment and Supplies |
95.1 |
300 |
|
|
|
Branch |
Norwood, MA |
United States |
Medical Equipment and Supplies |
425.3 |
200 |
|
|
|
Subsidiary |
Mississauga, ON |
Canada |
Medical Equipment and Supplies |
|
70 |
|
|
|
Subsidiary |
Shanghai |
China |
Medical Equipment and Supplies |
|
70 |
|
|
|
Subsidiary |
Lane Cove, NSW |
Australia |
Medical Equipment and Supplies |
|
45 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Medical Equipment and Supplies |
|
30 |
|
|
|
Branch |
Brookfield, CT |
United States |
Medical Equipment and Supplies |
2.1 |
8 |
|
|
|
Subsidiary |
Milano |
Italy |
Medical Equipment and Supplies |
1.0 |
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Zürich |
Switzerland |
Communications Equipment |
1,494.7 |
6,283 |
|
|
|
Subsidiary |
Zürich, Zürich |
Switzerland |
Investment Services |
|
20 |
|
|
|
Subsidiary |
Adliswil |
Switzerland |
Medical Equipment and Supplies |
|
16 |
|
|
|
Subsidiary |
Jakarta, Jakarta |
Indonesia |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Zürich |
Switzerland |
Software and Programming |
|
|
|
|
|
Subsidiary |
Bocholt |
Germany |
Miscellaneous Capital Goods |
1.6 |
5,899 |
|
|
|
Subsidiary |
Molndal |
Sweden |
Miscellaneous Capital Goods |
|
10,000 |
|
|
|
Subsidiary |
Penig |
Germany |
Miscellaneous Capital Goods |
1.0 |
700 |
|
|
|
Subsidiary |
Tubingen |
Germany |
Miscellaneous Capital Goods |
1.0 |
650 |
|
|
|
Subsidiary |
Penig |
Germany |
Miscellaneous Capital Goods |
|
600 |
|
|
|
Subsidiary |
Illkirch-Graffenstaden |
France |
Miscellaneous Capital Goods |
86.6 |
280 |
|
|
|
Division |
Herne |
Germany |
Miscellaneous Fabricated Products |
|
250 |
|
|
|
Subsidiary |
Kempton Park, Isando |
South Africa |
Miscellaneous Capital Goods |
|
200 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Auto and Truck Parts |
4.5 |
120 |
|
|
|
Subsidiary |
Elgin, IL |
United States |
Miscellaneous Capital Goods |
45.0 |
60 |
|
|
|
Subsidiary |
Bradford |
United Kingdom |
Miscellaneous Capital Goods |
|
45 |
|
|
|
Subsidiary |
Rotterdam |
Netherlands |
Miscellaneous Capital Goods |
|
30 |
|
|
|
Subsidiary |
Kolkata, |
India |
Miscellaneous Capital Goods |
|
30 |
|
|
|
Subsidiary |
Madrid |
Spain |
Miscellaneous Capital Goods |
|
25 |
|
|
|
Subsidiary |
Elancourt, Yvelines |
France |
Engineering Consultants |
|
20 |
|
|
|
Subsidiary |
Wiener Neudorf |
Austria |
Miscellaneous Capital Goods |
|
16 |
|
|
|
Subsidiary |
Vilvoorde |
Belgium |
Miscellaneous Capital Goods |
|
12 |
|
|
|
Subsidiary |
Puebla |
Mexico |
Miscellaneous Capital Goods |
|
1 |
|
|
|
Subsidiary |
Wetherill Park, NSW |
Australia |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Sao Paulo, SP |
Brazil |
Electronic Instruments and Controls |
|
5,370 |
|
|
|
Subsidiary |
Saint-Denis |
France |
Miscellaneous Capital Goods |
2,025.7 |
4,507 |
|
|
|
Subsidiary |
Toulouse |
France |
Software and Programming |
|
55 |
|
|
|
Subsidiary |
Bussy St Georges, Seine Et Marne |
France |
Engineering Consultants |
|
20 |
|
|
|
Siemens
Energy & Automation, Inc./ Process Industries Division |
Division |
Alpharetta, GA |
United States |
Business Services |
|
3,324 |
|
|
Subsidiary |
Halfway House |
South Africa |
Communications Services |
1,750.0 |
3,200 |
|
|
|
Subsidiary |
Midrand, Gauteng |
South Africa |
Software and Programming |
|
2,605 |
|
|
|
Subsidiary |
Durban, Kwazulu-Natal |
South Africa |
Medical Equipment and Supplies |
|
26 |
|
|
|
Subsidiary |
Midrand, Gauteng |
South Africa |
Retail (Specialty) |
10,568.4 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Communications Equipment |
534.2 |
3,000 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Den Haag |
Netherlands |
Scientific and Technical Instruments |
|
3,000 |
|
|
|
Subsidiary |
Zoetermeer, Zuid-Holland |
Netherlands |
Software and Programming |
|
271 |
|
|
|
Subsidiary |
's-Hertogenbosch, Noord-Brabant |
Netherlands |
Software and Programming |
32.5 |
80 |
|
|
|
Subsidiary |
Barneveld |
Netherlands |
Electronic Instruments and Controls |
|
10 |
|
|
|
Subsidiary |
Den Haag |
Netherlands |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Finspång, Östergötland |
Sweden |
Electronic Instruments and Controls |
1,542.5 |
2,760 |
|
|
|
Subsidiary |
Trollhättan, Västra Götaland |
Sweden |
Miscellaneous Capital Goods |
1,542.5 |
2,760 |
|
|
|
Subsidiary |
Buenos Aires |
Argentina |
Communications Equipment |
510.1 |
2,590 |
|
|
|
Subsidiary |
Milano, MI |
Italy |
Electronic Instruments and Controls |
2,400.2 |
2,525 |
|
|
|
Subsidiary |
Trento, Trento |
Italy |
Miscellaneous Capital Goods |
75.4 |
172 |
|
|
|
Subsidiary |
Milano |
Italy |
Biotechnology and Drugs |
1.0 |
80 |
|
|
|
Branch |
Rome |
Italy |
Medical Equipment and Supplies |
1.0 |
25 |
|
|
|
Subsidiary |
Chicopee, MA |
United States |
Miscellaneous Capital Goods |
25.5 |
2,500 |
|
|
|
Branch |
Rural Hall, NC |
United States |
Miscellaneous Capital Goods |
195.4 |
250 |
|
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
74.4 |
100 |
|
|
|
Branch |
Fitchburg, MA |
United States |
Miscellaneous Capital Goods |
13.4 |
40 |
|
|
|
Branch |
Perris, CA |
United States |
Miscellaneous Capital Goods |
4.1 |
24 |
|
|
|
Subsidiary |
Maracaibo, Zulia |
Venezuela |
Miscellaneous Capital Goods |
|
2,500 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
75.0 |
2,450 |
|
|
|
Subsidiary |
Tokyo |
Japan |
Medical Equipment and Supplies |
|
43 |
|
|
|
Subsidiary |
Sagamihara, Kanagawa |
Japan |
Medical Equipment and Supplies |
60.5 |
|
|
|
|
Subsidiary |
Shinagawa-Ku, Tokyo |
Japan |
Medical Equipment and Supplies |
55.1 |
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Consumer Financial Services |
|
|
|
|
|
Subsidiary |
Tokyo |
Japan |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Istanbul |
Turkey |
Computer Hardware |
|
2,420 |
|
|
|
Subsidiary |
Warszawa |
Poland |
Electronic Instruments and Controls |
481.9 |
2,276 |
|
|
|
Subsidiary |
Warszawa |
Poland |
Consumer Financial Services |
|
65 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Software and Programming |
|
|
|
|
|
Subsidiary |
Warsaw |
Poland |
Software and Programming |
|
|
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Communications Equipment |
1,434.8 |
2,206 |
|
|
|
Subsidiary |
Getafe, Madrid |
Spain |
Aerospace and Defense |
39.0 |
115 |
|
|
|
Subsidiary |
Cornella De Llobregat, Barcelona |
Spain |
Software and Programming |
13.8 |
51 |
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Software and Programming |
21.7 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Miscellaneous Capital Goods |
|
2,200 |
|
|
|
Subsidiary |
Amadora |
Portugal |
Electronic Instruments and Controls |
583.4 |
2,108 |
|
|
|
Subsidiary |
Bayswater, VIC |
Australia |
Natural Gas Utilities |
1,203.3 |
2,080 |
|
|
|
Joint Venture |
Mt Waverley, VIC |
Australia |
Construction Services |
375.5 |
1,550 |
|
|
|
|
|||||||
|
Subsidiary |
Cordoba, Cordoba |
Argentina |
Software and Programming |
417.8 |
2,000 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Miscellaneous Capital Goods |
441.5 |
1,842 |
|
|
|
Siemens
Audiologiai Technika Kereskedelmi Es Szolgaltato Korlatolt Felelossegu
Tarsasag |
Subsidiary |
Budapest |
Hungary |
Medical Equipment and Supplies |
2.6 |
18 |
|
|
Subsidiary |
Budapest |
Hungary |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Engineering Consultants |
|
1,834 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Railroads |
581.7 |
1,825 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Electronic Instruments and Controls |
|
1,800 |
|
|
|
Subsidiary |
Bangkok |
Thailand |
Scientific and Technical Instruments |
75.0 |
1,750 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Electronic Instruments and Controls |
998.3 |
1,585 |
|
|
|
Subsidiary |
Meerbeke |
Belgium |
Software and Programming |
6.6 |
25 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Commercial Banks |
5.8 |
9 |
|
|
|
Subsidiary |
Zug, Zug |
Switzerland |
Electric Utilities |
1,598.9 |
1,500 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
|
1,500 |
|
|
|
Subsidiary |
Poole |
United Kingdom |
Computer Hardware |
4,116.3 |
7,468 |
|
|
|
Subsidiary |
Bracknell |
United Kingdom |
Nonclassifiable Industries |
|
700 |
|
|
|
Subsidiary |
Cannock |
United Kingdom |
Electronic Instruments and Controls |
173.1 |
625 |
|
|
|
Subsidiary |
Manchester |
United Kingdom |
Electronic Instruments and Controls |
160.5 |
550 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Electronic Instruments and Controls |
32.4 |
82 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
|
3 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Construction Services |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Communications Equipment |
|
1,500 |
|
|
|
Subsidiary |
Lincoln |
United Kingdom |
Miscellaneous Capital Goods |
576.0 |
1,490 |
|
|
|
Subsidiary |
Seoul |
Korea, Republic of |
Electronic Instruments and Controls |
718.7 |
1,477 |
|
|
|
Subsidiary |
Oslo |
Norway |
Electronic Instruments and Controls |
7,084.6 |
1,452 |
|
|
|
Branch |
Trondheim, Sør-Trøndelag |
Norway |
Electronic Instruments and Controls |
|
190 |
|
|
|
Branch |
Bergen, Hordaland |
Norway |
Construction Services |
|
29 |
|
|
|
Branch |
Stavanger, Rogaland |
Norway |
Construction Services |
|
9 |
|
|
|
Subsidiary |
Oslo, Oslo |
Norway |
|
334.6 |
|
|
|
|
Subsidiary |
Upplands Väsby |
Sweden |
Communications Equipment |
804.6 |
1,440 |
|
|
|
Subsidiary |
Solna, Stockholm |
Sweden |
Consumer Financial Services |
73.4 |
144 |
|
|
|
Subsidiary |
Upplands Väsby, Stockholm |
Sweden |
Software and Programming |
42.0 |
141 |
|
|
|
Subsidiary |
Upplands Väsby, Stockholm |
Sweden |
Medical Equipment and Supplies |
17.3 |
67 |
|
|
|
Subsidiary |
Sollentuna, Stockholm |
Sweden |
Engineering Consultants |
14.3 |
19 |
|
|
|
Subsidiary |
Letohrad |
Czech Republic |
Electronic Instruments and Controls |
73.5 |
1,387 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Electronic Instruments and Controls |
|
37 |
|
|
|
Subsidiary |
Karachi |
Pakistan |
Engineering Consultants |
175.4 |
1,308 |
|
|
|
Subsidiary |
Ruhstorf A.D.Rott, Bayern |
Germany |
Electronic Instruments and Controls |
521.3 |
1,300 |
|
|
|
Subsidiary |
Bogotá DC |
Colombia |
Electronic Instruments and Controls |
296.7 |
1,300 |
|
|
|
Subsidiary |
Tenjo, Cundinamarca |
Colombia |
Business Services |
180.4 |
1,159 |
|
|
|
Subsidiary |
Rio de Janeiro |
Brazil |
Software and Programming |
5.5 |
1,300 |
|
|
|
Subsidiary |
Ballerup |
Denmark |
Electronic Instruments and Controls |
595.1 |
1,236 |
|
|
|
Subsidiary |
Taastrup |
Denmark |
Software and Programming |
|
250 |
|
|
|
Subsidiary |
Brønshøj |
Denmark |
Medical Equipment and Supplies |
11.6 |
41 |
|
|
|
Subsidiary |
Krefeld, Nordrhein-Westfalen |
Germany |
Retail (Specialty) |
|
1,200 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
Electronic Instruments and Controls |
550.0 |
1,100 |
|
|
|
Subsidiary |
Metro Manila |
Philippines |
Miscellaneous Capital Goods |
50.3 |
1,000 |
|
|
|
Subsidiary |
São Paulo, SP |
Brazil |
Electronic Instruments and Controls |
614.2 |
970 |
|
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Business Services |
42.9 |
117 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Electronic Instruments and Controls |
298.3 |
955 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Software and Programming |
6.5 |
168 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Software and Programming |
|
|
|
|
|
Subsidiary |
Konstanz |
Germany |
Electronic Instruments and Controls |
1.0 |
900 |
|
|
|
Subsidiary |
Suzhou, Jiangsu Province |
China |
Electronic Instruments and Controls |
170.9 |
800 |
|
|
|
Subsidiary |
Cairo |
Egypt |
Auto and Truck Parts |
349.0 |
750 |
|
|
|
Subsidiary |
Grenoble |
France |
Electric Utilities |
508.6 |
749 |
|
|
|
Subsidiary |
Bucharest |
Romania |
Electronic Instruments and Controls |
|
740 |
|
|
|
Subsidiary |
Brasov |
Romania |
Engineering Consultants |
10.3 |
315 |
|
|
|
Subsidiary |
Frankenthal (Pfalz), Rheinland-Pfalz |
Germany |
Miscellaneous Capital Goods |
130.8 |
732 |
|
|
|
Subsidiary |
Helsingør |
Denmark |
Miscellaneous Capital Goods |
71.3 |
220 |
|
|
|
Subsidiary |
Zweibrücken, Rheinland-Pfalz |
Germany |
Miscellaneous Capital Goods |
171.7 |
150 |
|
|
|
Subsidiary |
Springfield, MO |
United States |
Miscellaneous Capital Goods |
2.1 |
130 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Software and Programming |
50.8 |
723 |
|
|
|
Subsidiary |
Zagreb |
Croatia |
Electronic Instruments and Controls |
140.6 |
704 |
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Electronic Instruments and Controls |
183.8 |
700 |
|
|
|
Subsidiary |
Dartmouth, NS |
Canada |
Miscellaneous Capital Goods |
17.3 |
700 |
|
|
|
Subsidiary |
Cainta |
Philippines |
Communications Services |
12.8 |
700 |
|
|
|
Subsidiary |
Espoo |
Finland |
Communications Equipment |
|
700 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Medical Equipment and Supplies |
407.5 |
665 |
|
|
|
Subsidiary |
Espoo |
Finland |
Electronic Instruments and Controls |
337.3 |
657 |
|
|
|
Branch |
Marupes novads |
Latvia |
Electronic Instruments and Controls |
25.5 |
75 |
|
|
|
Subsidiary |
Espoo |
Finland |
Software and Programming |
|
|
|
|
|
Subsidiary |
Penig, Sachsen |
Germany |
Auto and Truck Parts |
|
630 |
|
|
|
Subsidiary |
Wittgensdorf, Sachsen |
Germany |
Iron and Steel |
|
600 |
|
|
|
Subsidiary |
Sofia |
Bulgaria |
Electronic Instruments and Controls |
133.6 |
576 |
|
|
|
Subsidiary |
Lubliniec |
Poland |
Electronic Instruments and Controls |
|
553 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Consumer Financial Services |
51.1 |
550 |
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Consumer Financial Services |
|
45 |
|
|
|
Siemens
Private Finance Versicherungs- Und Kapitalanlagenvermittlungs-Gmbh |
Subsidiary |
München, Bayern |
Germany |
Consumer Financial Services |
|
17 |
|
|
Subsidiary |
München, Bayern |
Germany |
Investment Services |
32.2 |
2 |
|
|
|
Subsidiary |
München |
Germany |
Consumer Financial Services |
|
|
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Medical Equipment and Supplies |
150.3 |
500 |
|
|
|
Subsidiary |
Herford, Nordrhein-Westfalen |
Germany |
Medical Equipment and Supplies |
|
180 |
|
|
|
Subsidiary |
Saint Denis |
France |
Medical Equipment and Supplies |
82.5 |
149 |
|
|
|
Subsidiary |
Crawley |
United Kingdom |
Healthcare Facilities |
35.8 |
92 |
|
|
|
Subsidiary |
Milano, Milano |
Italy |
Medical Equipment and Supplies |
22.9 |
76 |
|
|
|
Siemens
Audiológiai Technika Kereskedelmi és Szolgáltató Kft |
Subsidiary |
Budapest |
Hungary |
Medical Equipment and Supplies |
|
12 |
|
|
Subsidiary |
Taipei |
Taiwan |
Broadcasting and Cable Television |
|
500 |
|
|
|
Subsidiary |
Tangerang |
Indonesia |
Electronic Instruments and Controls |
|
500 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
|
500 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Chemical Manufacturing |
141.5 |
491 |
|
|
|
Subsidiary |
Cairo |
Egypt |
Electronic Instruments and Controls |
424.1 |
480 |
|
|
|
Subsidiary |
Riyadh |
Saudi Arabia |
Construction Services |
|
475 |
|
|
|
Subsidiary |
Durach, Bayern |
Germany |
Electronic Instruments and Controls |
269.2 |
470 |
|
|
|
Joint Venture |
Wien, Wien |
Austria |
|
179.9 |
455 |
|
|
|
Subsidiary |
Madrid |
Spain |
Engineering Consultants |
67.2 |
443 |
|
|
|
Subsidiary |
Beit Shemesh |
Israel |
Electric Utilities |
85.7 |
430 |
|
|
|
Subsidiary |
Maroussi |
Greece |
Computer Hardware |
142.9 |
400 |
|
|
|
Subsidiary |
Maroussi |
Greece |
Construction Services |
24.3 |
|
|
|
|
Subsidiary |
Schweinfurt, Bayern |
Germany |
Miscellaneous Capital Goods |
61.9 |
400 |
|
|
|
Subsidiary |
Burlington, ON |
Canada |
Scientific and Technical Instruments |
|
400 |
|
|
|
Subsidiary |
Dorval, QC |
Canada |
Miscellaneous Capital Goods |
|
5,000 |
|
|
|
Subsidiary |
Woodbridge, ON |
Canada |
Computer Networks |
94.0 |
364 |
|
|
|
Subsidiary |
Leinfelden-Echterdingen |
Germany |
Electronic Instruments and Controls |
|
3 |
|
|
|
Subsidiary |
Peterborough, ON |
Canada |
Scientific and Technical Instruments |
120.8 |
350 |
|
|
|
Subsidiary |
Brampton, ON |
Canada |
Communications Equipment |
68.0 |
150 |
|
|
|
Subsidiary |
Saint Laurent, QC |
Canada |
Business Services |
|
100 |
|
|
|
Subsidiary |
Rosh Ha'ayin |
Israel |
Electronic Instruments and Controls |
|
400 |
|
|
|
Subsidiary |
Kowloon |
Hong Kong |
Security Systems and Services |
|
400 |
|
|
|
Subsidiary |
Norresundby |
Denmark |
Communications Equipment |
|
400 |
|
|
|
Subsidiary |
Seongnam |
Korea, Republic of |
Communications Equipment |
130.1 |
394 |
|
|
|
Subsidiary |
Songnam, Kyonggi-Do |
Korea, Republic of |
Scientific and Technical Instruments |
8.8 |
39 |
|
|
|
Subsidiary |
Caracas |
Venezuela |
Construction Services |
429.7 |
385 |
|
|
|
Subsidiary |
Caracas, Distrito Federal |
Venezuela |
Engineering Consultants |
125.0 |
377 |
|
|
|
Subsidiary |
Saint Denis |
France |
Medical Equipment and Supplies |
220.0 |
374 |
|
|
|
Subsidiary |
Voerde (Niederrhein),
Nordrhein-Westfalen |
Germany |
Electronic Instruments and Controls |
108.6 |
360 |
|
|
|
Subsidiary |
Milan |
Italy |
Medical Equipment and Supplies |
288.5 |
324 |
|
|
|
Subsidiary |
Dammam |
Saudi Arabia |
Engineering Consultants |
|
320 |
|
|
|
Subsidiary |
Cornella De Llobregat, Barcelona |
Spain |
Personal and Household Products |
192.7 |
315 |
|
|
|
Simea
GmbH & Co. KG Ges. zur Fertigung elektronischer Komponenten |
Subsidiary |
Wien, Wien |
Austria |
|
29.0 |
310 |
|
|
Subsidiary |
Tokyo |
Japan |
Electronic Instruments and Controls |
|
301 |
|
|
|
Subsidiary |
Los Angeles, CA |
United States |
Healthcare Facilities |
70.9 |
300 |
|
|
|
Subsidiary |
Sao Paulo, Sao Paulo |
Brazil |
Medical Equipment and Supplies |
169.7 |
|
|
|
|
Subsidiary |
Wroclaw |
Poland |
Miscellaneous Capital Goods |
42.1 |
300 |
|
|
|
Subsidiary |
Casablanca |
Morocco |
Electronic Instruments and Controls |
|
300 |
|
|
|
Subsidiary |
Kiev |
Ukraine |
Electronic Instruments and Controls |
|
300 |
|
|
|
Subsidiary |
Algiers |
Algeria |
Engineering Consultants |
|
300 |
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Miscellaneous Financial Services |
|
300 |
|
|
|
Division |
Duisburg |
Germany |
Electric Utilities |
5,095.6 |
16,200 |
|
|
|
Subsidiary |
Orlando, FL |
United States |
Miscellaneous Capital Goods |
|
3,000 |
|
|
|
Unit |
Trenton, NJ |
United States |
Miscellaneous Capital Goods |
|
325 |
|
|
|
Subsidiary |
Dammam |
Saudi Arabia |
Engineering Consultants |
30.7 |
320 |
|
|
|
Subsidiary |
Hamilton, ON |
Canada |
Miscellaneous Capital Goods |
|
600 |
|
|
|
Subsidiary |
Leonding |
Austria |
Miscellaneous Financial Services |
79.0 |
250 |
|
|
|
Subsidiary |
Bamberg, Bayern |
Germany |
Electronic Instruments and Controls |
146.4 |
320 |
|
|
|
Subsidiary |
Saint-Louis |
France |
Electronic Instruments and Controls |
128.9 |
229 |
|
|
|
Subsidiary |
Savona, Bragno-Cairo |
Italy |
Electronic Instruments and Controls |
63.8 |
226 |
|
|
|
Subsidiary |
Basel |
Switzerland |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shenyang |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Diadema, SP |
Brazil |
Business Services |
|
100 |
|
|
|
Subsidiary |
Braunau |
Austria |
Engineering Consultants |
50.6 |
90 |
|
|
|
Subsidiary |
Gelsenkirchen, Nordrhein-Westfalen |
Germany |
Miscellaneous Transportation |
|
75 |
|
|
|
Subsidiary |
Gelsenkirchen, Nordrhein-Westfalen |
Germany |
Miscellaneous Capital Goods |
|
50 |
|
|
|
Subsidiary |
Batangas |
Philippines |
Electric Utilities |
|
|
|
|
|
Subsidiary |
Cilegon |
Indonesia |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Vadodara |
India |
Aerospace and Defense |
|
|
|
|
|
Subsidiary |
Beijing |
China |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Alpharetta, GA |
United States |
Electronic Instruments and Controls |
|
9,400 |
|
|
|
Unit |
Arlington, TX |
United States |
Office Equipment |
234.1 |
800 |
|
|
|
Unit |
Wendell, NC |
United States |
Electronic Instruments and Controls |
|
800 |
|
|
|
Unit |
Spring House, PA |
United States |
Scientific and Technical Instruments |
|
500 |
|
|
|
Subsidiary |
Tlalnepantla |
Mexico |
Business Services |
|
1,200 |
|
|
|
Subsidiary |
Ridderkerk |
Netherlands |
Scientific and Technical Instruments |
|
3 |
|
|
|
Subsidiary |
Pimpri, Poona |
India |
Scientific and Technical Instruments |
|
|
|
|
|
Unit |
Austin, TX |
United States |
Recreational Products |
|
250 |
|
|
|
Subsidiary |
Solna |
Sweden |
Medical Equipment and Supplies |
|
300 |
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Computer Services |
|
299 |
|
|
|
Subsidiary |
St. Petersburg |
Russian Federation |
Electronic Instruments and Controls |
19.7 |
297 |
|
|
|
Subsidiary |
Wurenlos |
Switzerland |
Jewelry and Silverware |
|
295 |
|
|
|
Subsidiary |
Lima |
Peru |
Electronic Instruments and Controls |
|
271 |
|
|
|
Subsidiary |
Luxembourg-Hamm |
Luxembourg |
Electronic Instruments and Controls |
1,181.4 |
270 |
|
|
|
Subsidiary |
Bremen, Bremen |
Germany |
Electronic Instruments and Controls |
123.5 |
270 |
|
|
|
Subsidiary |
Troisdorf, Nordrhein-Westfalen |
Germany |
Fabricated Plastic and Rubber |
|
257 |
|
|
|
Subsidiary |
Trenton, NJ |
United States |
Miscellaneous Capital Goods |
91.9 |
255 |
|
|
|
Subsidiary |
Dublin |
Ireland |
Electronic Instruments and Controls |
235.9 |
250 |
|
|
|
Subsidiary |
Torino, Torino |
Italy |
Construction and Agriculture
Machinery |
153.5 |
250 |
|
|
|
Division |
Lowell, MA |
United States |
Business Services |
57.5 |
250 |
|
|
|
Subsidiary |
Windsor, NSW |
Australia |
Miscellaneous Capital Goods |
29.2 |
250 |
|
|
|
Subsidiary |
Belgrade |
Serbia |
Electronic Instruments and Controls |
|
249 |
|
|
|
Subsidiary |
Novi Beograd |
Serbia |
Software and Programming |
|
106 |
|
|
|
Subsidiary |
Hamburg, Hamburg |
Germany |
Software and Programming |
24.0 |
248 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
|
28.7 |
241 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Personal and Household Products |
116.7 |
235 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
|
238.9 |
232 |
|
|
|
Subsidiary |
Sudbury |
United Kingdom |
Medical Equipment and Supplies |
103.2 |
232 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
|
|
224 |
|
|
|
Subsidiary |
Slough |
United Kingdom |
Consumer Financial Services |
213.7 |
222 |
|
|
|
Subsidiary |
North Ryde, NSW |
Australia |
Medical Equipment and Supplies |
29.2 |
220 |
|
|
|
Subsidiary |
Mühlhausen/Thüringen, Thüringen |
Germany |
Scientific and Technical Instruments |
|
220 |
|
|
|
Subsidiary |
Woodbridge, ON |
Canada |
Electronic Instruments and Controls |
6.1 |
214 |
|
|
|
Subsidiary |
Hollywood, FL |
United States |
Computer Services |
1.1 |
5 |
|
|
|
Subsidiary |
|
|
|
|
|
|
|
|
Subsidiary |
Essen, Nordrhein-Westfalen |
Germany |
Software and Programming |
25.2 |
210 |
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Electronic Instruments and Controls |
36.3 |
205 |
|
|
|
Subsidiary |
Burlington, ON |
Canada |
Scientific and Technical Instruments |
2,207.7 |
200 |
|
|
|
Branch |
Edmonton, AB |
Canada |
Electronic Instruments and Controls |
69.3 |
200 |
|
|
|
Branch |
Thornhill, ON |
Canada |
Electronic Instruments and Controls |
44.9 |
130 |
|
|
|
Branch |
Cambridge, ON |
Canada |
Electronic Instruments and Controls |
41.6 |
120 |
|
|
|
Branch |
Ottawa, ON |
Canada |
Electronic Instruments and Controls |
25.9 |
75 |
|
|
|
Branch |
Trois-Rivieres, QC |
Canada |
Electronic Instruments and Controls |
25.9 |
75 |
|
|
|
Branch |
Richmond, BC |
Canada |
Electronic Instruments and Controls |
24.2 |
70 |
|
|
|
Subsidiary |
Regina, SK |
Canada |
Engineering Consultants |
15.6 |
46 |
|
|
|
Branch |
Saskatoon, SK |
Canada |
Electronic Instruments and Controls |
4.1 |
12 |
|
|
|
Branch |
Sudbury, ON |
Canada |
Electronic Instruments and Controls |
2.7 |
8 |
|
|
|
Branch |
Markham, ON |
Canada |
Miscellaneous Capital Goods |
12.1 |
35 |
|
|
|
Branch |
Kirkland Lake, ON |
Canada |
Electronic Instruments and Controls |
10.4 |
30 |
|
|
|
Branch |
Mississauga, ON |
Canada |
Electronic Instruments and Controls |
10.2 |
30 |
|
|
|
Branch |
London, ON |
Canada |
Electronic Instruments and Controls |
10.1 |
30 |
|
|
|
Branch |
Stoney Creek, ON |
Canada |
Electronic Instruments and Controls |
10.1 |
30 |
|
|
|
Branch |
Moncton, NB |
Canada |
Business Services |
4.7 |
30 |
|
|
|
Branch |
Sarnia, ON |
Canada |
Electronic Instruments and Controls |
7.9 |
23 |
|
|
|
Branch |
Quebec, QC |
Canada |
Electronic Instruments and Controls |
6.9 |
20 |
|
|
|
Branch |
Winnipeg, MB |
Canada |
Electronic Instruments and Controls |
5.2 |
15 |
|
|
|
Branch |
Winnipeg, MB |
Canada |
Electronic Instruments and Controls |
4.2 |
12 |
|
|
|
Branch |
Thunder Bay, ON |
Canada |
Electronic Instruments and Controls |
3.5 |
10 |
|
|
|
Branch |
Kingston, ON |
Canada |
Electronic Instruments and Controls |
3.5 |
10 |
|
|
|
Branch |
Winnipeg, MB |
Canada |
Electronic Instruments and Controls |
3.5 |
10 |
|
|
|
Holding |
Steinhausen |
Switzerland |
Scientific and Technical Instruments |
143.1 |
200 |
|
|
|
Division |
Zug |
Switzerland |
Communications Equipment |
|
42,221 |
|
|
|
Subsidiary |
Buffalo Grove, IL |
United States |
Scientific and Technical Instruments |
2,000.0 |
7,400 |
|
|
|
Division |
Florham Park, NJ |
United States |
Scientific and Technical Instruments |
67.2 |
1,300 |
|
|
|
Subsidiary |
Florham Park, NJ |
United States |
Communications Equipment |
|
4 |
|
|
|
Branch |
Pine Brook, NJ |
United States |
Electronic Instruments and Controls |
543.2 |
400 |
|
|
|
Subsidiary |
Mt Prospect, IL |
United States |
Electronic Instruments and Controls |
389.4 |
300 |
|
|
|
Subsidiary |
Blue Bell, PA |
United States |
Miscellaneous Capital Goods |
59.5 |
250 |
|
|
|
Branch |
Plymouth, MI |
United States |
Electronic Instruments and Controls |
23.2 |
200 |
|
|
|
Branch |
Hayward, CA |
United States |
Scientific and Technical Instruments |
10.0 |
200 |
|
|
|
Branch |
Longwood, FL |
United States |
Electronic Instruments and Controls |
194.1 |
150 |
|
|
|
Branch |
Overland Park, KS |
United States |
Electronic Instruments and Controls |
173.5 |
150 |
|
|
|
Subsidiary |
St Rose, LA |
United States |
Electronic Instruments and Controls |
75.0 |
130 |
|
|
|
Branch |
Oklahoma City, OK |
United States |
Electronic Instruments and Controls |
140.3 |
111 |
|
|
|
Branch |
Canton, MA |
United States |
Electronic Instruments and Controls |
75.0 |
105 |
|
|
|
Branch |
Las Vegas, NV |
United States |
Electronic Instruments and Controls |
134.2 |
100 |
|
|
|
Branch |
Phoenix, AZ |
United States |
Electronic Instruments and Controls |
25.8 |
90 |
|
|
|
Branch |
Cleveland, OH |
United States |
Electronic Instruments and Controls |
23.5 |
90 |
|
|
|
Branch |
Richmond, VA |
United States |
Electronic Instruments and Controls |
24.5 |
80 |
|
|
|
Branch |
Nashville, TN |
United States |
Retail (Home Improvement) |
24.2 |
80 |
|
|
|
Branch |
Syracuse, NY |
United States |
Scientific and Technical Instruments |
15.9 |
80 |
|
|
|
Branch |
Cincinnati, OH |
United States |
Electronic Instruments and Controls |
88.3 |
75 |
|
|
|
Branch |
Omaha, NE |
United States |
Business Services |
12.2 |
75 |
|
|
|
Branch |
Anchorage, AK |
United States |
Construction Services |
17.0 |
74 |
|
|
|
Branch |
Amherst, NY |
United States |
Electronic Instruments and Controls |
84.2 |
65 |
|
|
|
Branch |
Louisville, KY |
United States |
Scientific and Technical Instruments |
20.4 |
65 |
|
|
|
Branch |
Worthington, OH |
United States |
Scientific and Technical Instruments |
18.7 |
60 |
|
|
|
Branch |
Tampa, FL |
United States |
Communications Equipment |
14.5 |
60 |
|
|
|
Branch |
West Sacramento, CA |
United States |
Electronic Instruments and Controls |
67.8 |
50 |
|
|
|
Branch |
Windsor Mill, MD |
United States |
Electronic Instruments and Controls |
25.7 |
50 |
|
|
|
Branch |
Mechanicsburg, PA |
United States |
Miscellaneous Capital Goods |
11.9 |
50 |
|
|
|
Branch |
Bridgeville, PA |
United States |
Electronic Instruments and Controls |
57.3 |
46 |
|
|
|
Branch |
Rochester, NY |
United States |
Electronic Instruments and Controls |
58.3 |
45 |
|
|
|
Branch |
Charlotte, NC |
United States |
Scientific and Technical Instruments |
11.9 |
45 |
|
|
|
Branch |
Cromwell, CT |
United States |
Scientific and Technical Instruments |
9.0 |
45 |
|
|
|
Branch |
Austin, TX |
United States |
Business Services |
8.6 |
37 |
|
|
|
Branch |
Latham, NY |
United States |
Scientific and Technical Instruments |
8.9 |
35 |
|
|
|
Branch |
Bohemia, NY |
United States |
Electronic Instruments and Controls |
38.9 |
30 |
|
|
|
Branch |
Virginia Beach, VA |
United States |
Electronic Instruments and Controls |
36.8 |
30 |
|
|
|
Branch |
West Allis, WI |
United States |
Electronic Instruments and Controls |
34.0 |
30 |
|
|
|
Branch |
San Antonio, TX |
United States |
Miscellaneous Capital Goods |
13.1 |
30 |
|
|
|
Branch |
Sandy, UT |
United States |
Business Services |
5.9 |
30 |
|
|
|
Branch |
Lafayette, LA |
United States |
Electronic Instruments and Controls |
30.6 |
25 |
|
|
|
Branch |
Chelan, WA |
United States |
Electronic Instruments and Controls |
28.4 |
20 |
|
|
|
Branch |
Garden Grove, CA |
United States |
Electronic Instruments and Controls |
27.1 |
20 |
|
|
|
Branch |
Sacramento, CA |
United States |
Electronic Instruments and Controls |
27.1 |
20 |
|
|
|
Branch |
Rosemont, IL |
United States |
Electronic Instruments and Controls |
26.0 |
20 |
|
|
|
Branch |
Tallahassee, FL |
United States |
Electronic Instruments and Controls |
25.9 |
20 |
|
|
|
Branch |
Miami, FL |
United States |
Electronic Instruments and Controls |
25.9 |
20 |
|
|
|
Branch |
Gainesville, FL |
United States |
Electronic Instruments and Controls |
25.9 |
20 |
|
|
|
Branch |
Oldsmar, FL |
United States |
Electronic Instruments and Controls |
25.9 |
20 |
|
|
|
Branch |
Tucson, AZ |
United States |
Electronic Instruments and Controls |
25.8 |
20 |
|
|
|
Branch |
Tulsa, OK |
United States |
Electronic Instruments and Controls |
25.3 |
20 |
|
|
|
Branch |
Quantico, VA |
United States |
Electronic Instruments and Controls |
24.5 |
20 |
|
|
|
Branch |
Diberville, MS |
United States |
Electronic Instruments and Controls |
23.9 |
20 |
|
|
|
Branch |
Evansville, IN |
United States |
Electronic Instruments and Controls |
23.7 |
20 |
|
|
|
Branch |
Fairbanks, AK |
United States |
Electronic Instruments and Controls |
20.0 |
15 |
|
|
|
Branch |
Boise, ID |
United States |
Electronic Instruments and Controls |
19.2 |
15 |
|
|
|
Branch |
Wyoming, MI |
United States |
Scientific and Technical Instruments |
3.9 |
15 |
|
|
|
Branch |
Hope, RI |
United States |
Scientific and Technical Instruments |
2.2 |
15 |
|
|
|
Branch |
Bloomington, IL |
United States |
Construction Services |
3.0 |
14 |
|
|
|
Branch |
Cedar Rapids, IA |
United States |
Scientific and Technical Instruments |
6.4 |
13 |
|
|
|
Branch |
Coburg, OR |
United States |
Scientific and Technical Instruments |
3.1 |
13 |
|
|
|
Branch |
Pensacola, FL |
United States |
Electronic Instruments and Controls |
15.5 |
12 |
|
|
|
Branch |
Colorado Springs, CO |
United States |
Electronic Instruments and Controls |
15.1 |
12 |
|
|
|
Branch |
Roanoke, VA |
United States |
Scientific and Technical Instruments |
2.6 |
12 |
|
|
|
Branch |
Falconer, NY |
United States |
Construction Services |
2.3 |
11 |
|
|
|
Branch |
Albuquerque, NM |
United States |
Electronic Instruments and Controls |
11.3 |
9 |
|
|
|
Branch |
Midland, MI |
United States |
Electronic Instruments and Controls |
10.5 |
9 |
|
|
|
Subsidiary |
Sugar Land, TX |
United States |
Electronic Instruments and Controls |
11.0 |
8 |
|
|
|
Subsidiary |
Duluth, MN |
United States |
Electronic Instruments and Controls |
9.3 |
8 |
|
|
|
Branch |
Buffalo Grove, IL |
United States |
Scientific and Technical Instruments |
2.3 |
8 |
|
|
|
Branch |
La Feria, TX |
United States |
Electronic Instruments and Controls |
8.2 |
6 |
|
|
|
Branch |
Tacoma, WA |
United States |
Construction Services |
4.1 |
6 |
|
|
|
Branch |
Des Plaines, IL |
United States |
Electronic Instruments and Controls |
26.0 |
5 |
|
|
|
Branch |
Mt Vernon, WA |
United States |
Electronic Instruments and Controls |
7.1 |
5 |
|
|
|
Branch |
Rochester, NY |
United States |
Electronic Instruments and Controls |
6.5 |
5 |
|
|
|
Branch |
Kearney, NE |
United States |
Electronic Instruments and Controls |
6.1 |
5 |
|
|
|
Subsidiary |
Chattanooga, TN |
United States |
Construction Services |
3.2 |
5 |
|
|
|
Branch |
Detroit, MI |
United States |
Construction Services |
3.1 |
5 |
|
|
|
Subsidiary |
Tupelo, MS |
United States |
Construction Services |
0.7 |
4 |
|
|
|
Subsidiary |
Frankfurt |
Germany |
Engineering Consultants |
1.0 |
200 |
|
|
|
Subsidiary |
Zug |
Switzerland |
Real Estate Operations |
|
170 |
|
|
|
Division |
Zurich, Dattwil |
Switzerland |
Security Systems and Services |
|
500 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Appliance and Tool |
406.8 |
1,400 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Medical Equipment and Supplies |
449.8 |
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Computer Services |
|
20 |
|
|
|
Subsidiary |
|
|
Nonclassifiable Industries |
8.6 |
1 |
|
|
|
Subsidiary |
Huddinge |
Sweden |
Security Systems and Services |
|
1,200 |
|
|
|
Subsidiary |
Karlsruhe |
Germany |
Security Systems and Services |
|
1,000 |
|
|
|
Subsidiary |
Ballerup |
Denmark |
Security Systems and Services |
|
450 |
|
|
|
Subsidiary |
Staines |
United Kingdom |
Security Systems and Services |
|
400 |
|
|
|
Facility |
Volketswil |
Switzerland |
Security Systems and Services |
|
360 |
|
|
|
Subsidiary |
Buc, Cedex |
France |
Electronic Instruments and Controls |
|
350 |
|
|
|
Subsidiary |
Milan |
Italy |
Security Systems and Services |
|
230 |
|
|
|
Subsidiary |
Shanghai |
China |
Security Systems and Services |
|
150 |
|
|
|
Subsidiary |
Oslo |
Norway |
Security Systems and Services |
|
100 |
|
|
|
Subsidiary |
Helsinki |
Finland |
Security Systems and Services |
|
70 |
|
|
|
Subsidiary |
Barcelona |
Spain |
Security Systems and Services |
|
70 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Security Systems and Services |
|
60 |
|
|
|
Subsidiary |
Mannedorf |
Switzerland |
Security Systems and Services |
1.0 |
50 |
|
|
|
Subsidiary |
Champigny-sur-Marne |
France |
Security Systems and Services |
|
100 |
|
|
|
Subsidiary |
Filderstadt |
Germany |
Security Systems and Services |
|
32 |
|
|
|
Subsidiary |
Sydney, NSW |
Australia |
Security Systems and Services |
|
30 |
|
|
|
Subsidiary |
Huddinge |
Sweden |
Security Systems and Services |
|
16 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Security Systems and Services |
|
15 |
|
|
|
Subsidiary |
Vienna |
Austria |
Security Systems and Services |
|
4 |
|
|
|
Subsidiary |
Warsaw |
Poland |
Security Systems and Services |
|
50 |
|
|
|
Subsidiary |
Budapest |
Hungary |
Electronic Instruments and Controls |
|
32 |
|
|
|
Subsidiary |
Altenrhein |
Switzerland |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Sao Paulo, SP |
Brazil |
Security Systems and Services |
|
|
|
|
|
Subsidiary |
Atlanta, GA |
United States |
Security Systems and Services |
8.9 |
35 |
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Almaty |
Kazakhstan |
Electronic Instruments and Controls |
100.0 |
200 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Electronic Instruments and Controls |
69.0 |
200 |
|
|
|
Subsidiary |
Norcross, GA |
United States |
Electronic Instruments and Controls |
6.2 |
200 |
|
|
|
Subsidiary |
Malvern, PA |
United States |
Computer Services |
|
200 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Software and Programming |
|
200 |
|
|
|
Division |
Mountain View, CA |
United States |
Medical Equipment and Supplies |
|
200 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Electronic Instruments and Controls |
63.4 |
190 |
|
|
|
Subsidiary |
Zaventem |
Belgium |
Electronic Instruments and Controls |
88.8 |
189 |
|
|
|
Subsidiary |
Zaventem |
Belgium |
Furniture and Fixtures |
88.8 |
185 |
|
|
|
Subsidiary |
Rouvroy |
France |
Furniture and Fixtures |
22.4 |
56 |
|
|
|
Subsidiary |
Dhaka |
Bangladesh |
Electronic Instruments and Controls |
|
180 |
|
|
|
Subsidiary |
Hengelo |
Netherlands |
Engineering Consultants |
79.7 |
175 |
|
|
|
Subsidiary |
Utrecht, Utrecht |
Netherlands |
Construction - Supplies and Fixtures |
|
65 |
|
|
|
Subsidiary |
Hengelo Ov, Overijssel |
Netherlands |
Construction and Agriculture
Machinery |
|
45 |
|
|
|
Subsidiary |
Hengelo Ov, Overijssel |
Netherlands |
Software and Programming |
|
4 |
|
|
|
Subsidiary |
Tlalnepantla, Estado De Mexico |
Mexico |
Miscellaneous Capital Goods |
0.5 |
175 |
|
|
|
Subsidiary |
Renens Vd, Vaud |
Switzerland |
Computer Services |
|
175 |
|
|
|
Subsidiary |
Berlin |
Germany |
Medical Equipment and Supplies |
39.8 |
168 |
|
|
|
Subsidiary |
Swords |
Ireland |
Biotechnology and Drugs |
189.7 |
167 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Electronic Instruments and Controls |
35.3 |
166 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Electronic Instruments and Controls |
55.2 |
160 |
|
|
|
Subsidiary |
Bergen, Hordaland |
Norway |
Electronic Instruments and Controls |
32.9 |
150 |
|
|
|
Subsidiary |
Bayswater, VIC |
Australia |
Medical Equipment and Supplies |
29.2 |
150 |
|
|
|
Subsidiary |
Nashua, NH |
United States |
Miscellaneous Capital Goods |
|
150 |
|
|
|
Subsidiary |
San Salvador |
El Salvador |
Electronic Instruments and Controls |
|
150 |
|
|
|
Subsidiary |
Slough |
United Kingdom |
Commercial Banks |
|
150 |
|
|
|
Subsidiary |
Velizy Villacoublay |
France |
Software and Programming |
37.8 |
149 |
|
|
|
Division |
Rothschild, WI |
United States |
Miscellaneous Fabricated Products |
|
148 |
|
|
|
Subsidiary |
Rouiba |
Algeria |
Communications Equipment |
|
146 |
|
|
|
HanseCom
Gesellschaft für Informations- und Kommunikationsdienstleistungen mbH |
Subsidiary |
Hamburg, Hamburg |
Germany |
Computer Services |
36.2 |
139 |
|
|
Subsidiary |
Minneapolis, MN |
United States |
Medical Equipment and Supplies |
0.4 |
130 |
|
|
|
Subsidiary |
Tripoli |
Libyan Arab Jamahiriya |
Electric Utilities |
|
130 |
|
|
|
Subsidiary |
Ljubljana |
Slovenia |
Electronic Instruments and Controls |
88.5 |
127 |
|
|
|
Subsidiary |
Alzenau |
Germany |
Engineering Consultants |
26.0 |
125 |
|
|
|
Subsidiary |
Alzenau, Bayern |
Germany |
Auto and Truck Parts |
18.1 |
125 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Rental and Leasing |
654.4 |
120 |
|
|
|
Division |
Canonsburg, PA |
United States |
Miscellaneous Capital Goods |
17.9 |
120 |
|
|
|
Subsidiary |
Zagreb |
Croatia |
Software and Programming |
17.0 |
120 |
|
|
|
Subsidiary |
Giza |
Egypt |
Electronic Instruments and Controls |
8.5 |
120 |
|
|
|
Division |
Shrewsbury, MA |
United States |
Miscellaneous Fabricated Products |
|
120 |
|
|
|
Subsidiary |
Nanjing, Jiangsu |
China |
Engineering Consultants |
42.9 |
110 |
|
|
|
Subsidiary |
Tunis |
Tunisia |
Communications Equipment |
|
110 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Scientific and Technical Instruments |
|
108 |
|
|
|
Division |
Hitchin |
United Kingdom |
Scientific and Technical Instruments |
|
56 |
|
|
|
Division |
Saint Albans |
United Kingdom |
Scientific and Technical Instruments |
|
2 |
|
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Computer Hardware |
30.0 |
105 |
|
|
|
Subsidiary |
Göteborg, Västra Götaland |
Sweden |
Biotechnology and Drugs |
2.9 |
104 |
|
|
|
Subsidiary |
Taipei |
Taiwan |
Electronic Instruments and Controls |
75.0 |
100 |
|
|
|
Subsidiary |
Sewickley, PA |
United States |
Chemical Manufacturing |
61.6 |
100 |
|
|
|
Subsidiary |
Velizy Villacoublay |
France |
Software and Programming |
31.2 |
100 |
|
|
|
Subsidiary |
Irving, TX |
United States |
Construction Services |
19.9 |
100 |
|
|
|
Subsidiary |
Elk Grove Vlg, IL |
United States |
Miscellaneous Capital Goods |
13.3 |
100 |
|
|
|
Subsidiary |
Stonehouse |
United Kingdom |
Scientific and Technical Instruments |
|
100 |
|
|
|
Siemens
d.o.o. za odrzavanje i nabavku tehnike, zastupanje i spolnju trgovinu Sarajevo |
Subsidiary |
Sarajevo |
Bosnia and Herzegovina |
Electronic Instruments and Controls |
|
100 |
|
|
Subsidiary |
Freiberg, Sachsen |
Germany |
Miscellaneous Capital Goods |
|
100 |
|
|
|
Subsidiary |
Doha |
Qatar |
Electronic Instruments and Controls |
|
100 |
|
|
|
Subsidiary |
Sao Caetano do Sul, Sao Paulo |
Brazil |
Software and Programming |
|
100 |
|
|
|
Subsidiary |
Sao Bernardo Do Campo, Sao Paulo |
Brazil |
Miscellaneous Capital Goods |
|
96 |
|
|
|
Subsidiary |
Riga |
Latvia |
Electric Utilities |
|
96 |
|
|
|
Subsidiary |
Sofia |
Bulgaria |
Software and Programming |
0.0 |
95 |
|
|
|
Subsidiary |
's-Gravenhage, Zuid-Holland |
Netherlands |
Audio and Video Equipment |
|
94 |
|
|
|
Subsidiary |
Kassel, Hessen |
Germany |
Construction Services |
|
85 |
|
|
|
Subsidiary |
Klagenfurt |
Austria |
Computer Services |
17.9 |
84 |
|
|
|
Subsidiary |
Lagos |
Nigeria |
Engineering Consultants |
125.6 |
83 |
|
|
|
Subsidiary |
Gummersbach, Nordrhein-Westfalen |
Germany |
Engineering Consultants |
28.8 |
83 |
|
|
|
Subsidiary |
Auckland |
New Zealand |
Electric Utilities |
226.0 |
80 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Real Estate Operations |
1.0 |
80 |
|
|
|
Subsidiary |
Vilnius |
Lithuania |
Construction Services |
|
80 |
|
|
|
Division |
Warren, PA |
United States |
Scientific and Technical Instruments |
|
80 |
|
|
|
Subsidiary |
Altenrhein, St. Gall |
Switzerland |
Electronic Instruments and Controls |
15.7 |
75 |
|
|
|
Subsidiary |
Düdingen, Fribourg |
Switzerland |
Medical Equipment and Supplies |
|
75 |
|
|
|
Subsidiary |
Saint Denis |
France |
Consumer Financial Services |
261.2 |
74 |
|
|
|
Subsidiary |
Hamburg |
Germany |
Electronic Instruments and Controls |
940.0 |
70 |
|
|
|
Subsidiary |
Schenectady, NY |
United States |
Engineering Consultants |
18.4 |
70 |
|
|
|
Subsidiary |
Ha Noi |
Viet Nam |
Auto and Truck Parts |
|
70 |
|
|
|
Subsidiary |
Hohe Börde, Sachsen-Anhalt |
Germany |
Scientific and Technical Instruments |
|
70 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Real Estate Operations |
|
70 |
|
|
|
Subsidiary |
Athens |
Greece |
Electronic Instruments and Controls |
|
70 |
|
|
|
Subsidiary |
Hanoi |
Viet Nam |
Engineering Consultants |
|
70 |
|
|
|
Subsidiary |
Vienna |
Austria |
Furniture and Fixtures |
31.9 |
65 |
|
|
|
Subsidiary |
Zurich |
Switzerland |
Medical Equipment and Supplies |
|
65 |
|
|
|
Subsidiary |
Haninge |
Sweden |
Electronic Instruments and Controls |
10.7 |
64 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Personal and Household Products |
0.0 |
60 |
|
|
|
Subsidiary |
Austin, TX |
United States |
Scientific and Technical Instruments |
|
60 |
|
|
|
Subsidiary |
Bangalore |
India |
Business Services |
|
59 |
|
|
|
Subsidiary |
Apodaca, Nuevo Leon |
Mexico |
Electronic Instruments and Controls |
0.5 |
56 |
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Communications Equipment |
92.2 |
54 |
|
|
|
Subsidiary |
Calgary, AB |
Canada |
Business Services |
76.5 |
50 |
|
|
|
Subsidiary |
Mt Laurel, NJ |
United States |
Electronic Instruments and Controls |
67.9 |
50 |
|
|
|
Subsidiary |
Stoney Creek, ON |
Canada |
Electronic Instruments and Controls |
49.6 |
50 |
|
|
|
Subsidiary |
Berlin, Berlin |
Germany |
Electronic Instruments and Controls |
41.7 |
50 |
|
|
|
Division |
Edwardsville, KS |
United States |
Miscellaneous Fabricated Products |
|
50 |
|
|
|
Subsidiary |
Bratislava |
Slovakia |
Business Services |
|
50 |
|
|
|
Subsidiary |
Bruxelles |
Belgium |
Security Systems and Services |
10.2 |
48 |
|
|
|
Subsidiary |
Dallas, TX |
United States |
Software and Programming |
|
48 |
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Rental and Leasing |
14.2 |
46 |
|
|
|
Subsidiary |
Poznan |
Poland |
Medical Equipment and Supplies |
10.2 |
46 |
|
|
|
Division |
Roseville, MN |
United States |
Miscellaneous Fabricated Products |
10.7 |
45 |
|
|
|
Subsidiary |
Oslo, Oslo |
Norway |
Personal and Household Products |
28.9 |
44 |
|
|
|
Subsidiary |
Ballerup |
Denmark |
Healthcare Facilities |
21.6 |
42 |
|
|
|
Branch |
Ajax, ON |
Canada |
Miscellaneous Capital Goods |
|
40 |
|
|
|
Subsidiary |
Bangalore |
India |
Medical Equipment and Supplies |
|
37 |
|
|
|
Subsidiary |
Kansas City, MO |
United States |
Electronic Instruments and Controls |
39.9 |
33 |
|
|
|
Subsidiary |
New York, NY |
United States |
Electronic Instruments and Controls |
19,102.0 |
30 |
|
|
|
Subsidiary |
Boca Raton, FL |
United States |
Communications Equipment |
1,750.0 |
3,000 |
|
|
|
Subsidiary |
Orlando, FL |
United States |
Miscellaneous Capital Goods |
1,750.0 |
2,000 |
|
|
|
Branch |
Charlotte, NC |
United States |
Electronic Instruments and Controls |
2.4 |
799 |
|
|
|
Branch |
Alpharetta, GA |
United States |
Electronic Instruments and Controls |
22.3 |
200 |
|
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
6.0 |
100 |
|
|
|
Branch |
Hanover, MD |
United States |
Electronic Instruments and Controls |
17.3 |
58 |
|
|
|
Branch |
Orlando, FL |
United States |
Electronic Instruments and Controls |
10.9 |
40 |
|
|
|
Branch |
Hazel Park, MI |
United States |
Engineering Consultants |
5.0 |
30 |
|
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
14.9 |
20 |
|
|
|
Branch |
Corpus Christi, TX |
United States |
Electronic Instruments and Controls |
24.7 |
18 |
|
|
|
Branch |
Pittsburgh, PA |
United States |
Electronic Instruments and Controls |
22.4 |
18 |
|
|
|
Branch |
Aston, PA |
United States |
Electronic Instruments and Controls |
22.4 |
18 |
|
|
|
Subsidiary |
Sacramento, CA |
United States |
Electric Utilities |
15.3 |
15 |
|
|
|
Subsidiary |
Jacksonville, FL |
United States |
Aerospace and Defense |
5.0 |
15 |
|
|
|
Branch |
Wilmington, DE |
United States |
Electronic Instruments and Controls |
3.5 |
5 |
|
|
|
Division |
Hoffman Estates, IL |
United States |
Medical Equipment and Supplies |
2,251.3 |
1,000 |
|
|
|
Subsidiary |
Piscataway, NJ |
United States |
Medical Equipment and Supplies |
161.5 |
835 |
|
|
|
Subsidiary |
Palm Beach Gardens, FL |
United States |
Medical Equipment and Supplies |
83.5 |
427 |
|
|
|
Subsidiary |
Orleans, ON |
Canada |
Healthcare Facilities |
1.4 |
5 |
|
|
|
Subsidiary |
Sacramento, CA |
United States |
Business Services |
85.7 |
450 |
|
|
|
Branch |
Lake Oswego, OR |
United States |
Electronic Instruments and Controls |
24.7 |
20 |
|
|
|
Division |
Concord, CA |
United States |
Medical Equipment and Supplies |
|
450 |
|
|
|
Subsidiary |
Princeton, NJ |
United States |
Computer Networks |
|
350 |
|
|
|
Subsidiary |
Mountain View, CA |
United States |
Medical Equipment and Supplies |
95.1 |
300 |
|
|
|
Subsidiary |
Alpharetta, GA |
United States |
Electronic Instruments and Controls |
53.6 |
300 |
|
|
|
Branch |
Grand Prairie, TX |
United States |
Electronic Instruments and Controls |
336.6 |
550 |
|
|
|
Branch |
Alpharetta, GA |
United States |
Scientific and Technical Instruments |
129.0 |
500 |
|
|
|
Branch |
West Chicago, IL |
United States |
Electronic Instruments and Controls |
116.7 |
380 |
|
|
|
Branch |
Roebuck, SC |
United States |
Scientific and Technical Instruments |
88.6 |
350 |
|
|
|
Branch |
Cincinnati, OH |
United States |
Electronic Instruments and Controls |
2.3 |
320 |
|
|
|
Branch |
Richland, MS |
United States |
Electronic Instruments and Controls |
99.2 |
275 |
|
|
|
Branch |
Austin, TX |
United States |
Business Services |
49.0 |
210 |
|
|
|
Branch |
Lebanon, OH |
United States |
Miscellaneous Capital Goods |
462.2 |
200 |
|
|
|
Branch |
Johnson City, TN |
United States |
Construction Services |
36.4 |
200 |
|
|
|
Branch |
Houston, TX |
United States |
Construction Services |
1.1 |
200 |
|
|
|
Branch |
Houston, TX |
United States |
Retail (Technology) |
36.7 |
150 |
|
|
|
Branch |
Duluth, GA |
United States |
Scientific and Technical Instruments |
204.2 |
100 |
|
|
|
Branch |
Bellefontaine, OH |
United States |
Electronic Instruments and Controls |
5.9 |
100 |
|
|
|
Branch |
Troy, MI |
United States |
Retail (Home Improvement) |
2.3 |
75 |
|
|
|
Branch |
Suwanee, GA |
United States |
Electronic Instruments and Controls |
18.6 |
68 |
|
|
|
Branch |
Addison, IL |
United States |
Electronic Instruments and Controls |
17.8 |
60 |
|
|
|
Branch |
Pomona, CA |
United States |
Electronic Instruments and Controls |
18.1 |
58 |
|
|
|
Branch |
Fort Washington, PA |
United States |
Construction Services |
9.0 |
50 |
|
|
|
Branch |
New Kensington, PA |
United States |
Miscellaneous Transportation |
0.1 |
50 |
|
|
|
Branch |
Auburn Hills, MI |
United States |
Electronic Instruments and Controls |
15.5 |
48 |
|
|
|
Subsidiary |
Hauppauge, NY |
United States |
Scientific and Technical Instruments |
10.0 |
42 |
|
|
|
Branch |
Atlanta, GA |
United States |
Electronic Instruments and Controls |
31.0 |
25 |
|
|
|
Branch |
Houston, TX |
United States |
Construction Services |
5.0 |
25 |
|
|
|
Branch |
Pryor, OK |
United States |
Electric Utilities |
21.4 |
21 |
|
|
|
Branch |
N Chesterfield, VA |
United States |
Electronic Instruments and Controls |
24.5 |
20 |
|
|
|
Branch |
Laguna Hills, CA |
United States |
Electronic Instruments and Controls |
24.4 |
18 |
|
|
|
Branch |
Albany, TX |
United States |
Construction Services |
3.4 |
17 |
|
|
|
Branch |
N Chesterfield, VA |
United States |
Electronic Instruments and Controls |
18.4 |
15 |
|
|
|
Branch |
Wyoming, MI |
United States |
Electronic Instruments and Controls |
17.4 |
15 |
|
|
|
Branch |
Schaumburg, IL |
United States |
Construction Services |
3.2 |
15 |
|
|
|
Branch |
Tucker, GA |
United States |
Construction Services |
3.2 |
15 |
|
|
|
Branch |
Phoenix, AZ |
United States |
Construction Services |
3.1 |
15 |
|
|
|
Branch |
Cypress, CA |
United States |
Construction Services |
3.0 |
15 |
|
|
|
Branch |
Lodi, CA |
United States |
Construction Services |
3.0 |
15 |
|
|
|
Branch |
Tamarac, FL |
United States |
Construction Services |
3.0 |
15 |
|
|
|
Branch |
Parrish, FL |
United States |
Construction Services |
3.0 |
15 |
|
|
|
Branch |
Littleton, CO |
United States |
Construction Services |
3.0 |
15 |
|
|
|
Branch |
Jefferson, MD |
United States |
Construction Services |
2.8 |
15 |
|
|
|
Branch |
Charlotte, NC |
United States |
Construction Services |
2.8 |
15 |
|
|
|
Branch |
Charlotte, NC |
United States |
Construction Services |
2.8 |
15 |
|
|
|
Branch |
Charlotte, NC |
United States |
Construction Services |
2.8 |
15 |
|
|
|
Branch |
Mc Donald, TN |
United States |
Construction Services |
2.7 |
15 |
|
|
|
Branch |
Troy, MI |
United States |
Construction Services |
2.7 |
15 |
|
|
|
Branch |
Claremont, VA |
United States |
Construction Services |
2.7 |
15 |
|
|
|
Branch |
Charlottesville, VA |
United States |
Construction Services |
2.7 |
15 |
|
|
|
Branch |
Laurel, IA |
United States |
Construction Services |
2.6 |
15 |
|
|
|
Branch |
Greenville, SC |
United States |
Construction Services |
2.6 |
15 |
|
|
|
Branch |
Moss Point, MS |
United States |
Construction Services |
2.6 |
15 |
|
|
|
Branch |
Malvern, PA |
United States |
Engineering Consultants |
3.1 |
14 |
|
|
|
Branch |
Overland Park, KS |
United States |
Electronic Instruments and Controls |
13.9 |
12 |
|
|
|
Branch |
Renton, WA |
United States |
Construction Services |
2.9 |
12 |
|
|
|
Branch |
Glen Ellyn, IL |
United States |
Electronic Instruments and Controls |
12.3 |
5 |
|
|
|
Branch |
Norcross, GA |
United States |
Office Equipment |
11.2 |
5 |
|
|
|
Branch |
Fort Madison, IA |
United States |
Miscellaneous Capital Goods |
5.5 |
5 |
|
|
|
Subsidiary |
Richardson, TX |
United States |
Business Services |
36.7 |
300 |
|
|
|
Division |
Minnetonka, MN |
United States |
Software and Programming |
2.6 |
294 |
|
|
|
Branch |
Houston, TX |
United States |
Miscellaneous Capital Goods |
6.0 |
270 |
|
|
|
Division |
Altoona, PA |
United States |
Software and Programming |
|
250 |
|
|
|
Branch |
Beltsville, MD |
United States |
Communications Equipment |
3.5 |
200 |
|
|
|
Subsidiary |
Morrison, IL |
United States |
Electronic Instruments and Controls |
|
200 |
|
|
|
Subsidiary |
Wendell, NC |
United States |
Electronic Instruments and Controls |
21.7 |
189 |
|
|
|
Subsidiary |
Bartlesville, OK |
United States |
Scientific and Technical Instruments |
|
175 |
|
|
|
Subsidiary |
Norwalk, CT |
United States |
Business Services |
1.8 |
167 |
|
|
|
Subsidiary |
Blytheville, AR |
United States |
Miscellaneous Capital Goods |
54.4 |
150 |
|
|
|
Subsidiary |
Fairfax, VA |
United States |
Business Services |
25.5 |
50 |
|
|
|
Branch |
Columbia, SC |
United States |
Business Services |
8.7 |
50 |
|
|
|
Subsidiary |
Malvern, PA |
United States |
Computer Services |
|
150 |
|
|
|
Branch |
Foster City, CA |
United States |
Software and Programming |
53.2 |
130 |
|
|
|
|
|||||||
|
Subsidiary |
Columbus, OH |
United States |
Furniture and Fixtures |
32.7 |
108 |
|
|
|
Subsidiary |
Simsbury, CT |
United States |
Miscellaneous Transportation |
0.2 |
4 |
|
|
|
Division |
Salt Lake City, UT |
United States |
Medical Equipment and Supplies |
96.5 |
90 |
|
|
|
Subsidiary |
Brooklyn, NY |
United States |
Software and Programming |
14.6 |
85 |
|
|
|
Subsidiary |
Pittsburgh, PA |
United States |
Business Services |
0.9 |
82 |
|
|
|
Division |
Portland, OR |
United States |
Scientific and Technical Instruments |
10.7 |
80 |
|
|
|
Branch |
Decatur, AL |
United States |
Iron and Steel |
69.3 |
60 |
|
|
|
Subsidiary |
Bothell, WA |
United States |
Communications Services |
11.8 |
50 |
|
|
|
Branch |
Huger, SC |
United States |
Miscellaneous Capital Goods |
7.9 |
40 |
|
|
|
Subsidiary |
Berkeley, CA |
United States |
Software and Programming |
16.4 |
25 |
|
|
|
Branch |
North Wales, PA |
United States |
Semiconductors |
6.3 |
12 |
|
|
|
Subsidiary |
Iselin, NJ |
United States |
Investment Services |
|
4 |
|
|
|
Subsidiary |
Iselin, NJ |
United States |
Business Services |
|
4 |
|
|
|
Subsidiary |
Malvern, PA |
United States |
Business Services |
0.1 |
3 |
|
|
|
Subsidiary |
Reston, VA |
United States |
Communications Services |
|
2 |
|
|
|
Subsidiary |
Orlando, FL |
United States |
Electric Utilities |
|
|
|
|
|
Subsidiary |
Benton Harbor, MI |
United States |
Miscellaneous Capital Goods |
5.0 |
30 |
|
|
|
Subsidiary |
Maputo |
Mozambique |
Construction Services |
|
30 |
|
|
|
Subsidiary |
N/K |
United Kingdom |
|
|
29 |
|
|
|
Subsidiary |
Tashkent |
Uzbekistan |
Medical Equipment and Supplies |
1.8 |
25 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Biotechnology and Drugs |
0.0 |
25 |
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
0.6 |
|
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
|
|
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
|
|
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Business Services |
|
|
|
|
|
Subsidiary |
Espoo |
Finland |
Miscellaneous Financial Services |
46.4 |
24 |
|
|
|
Joint Venture |
Princeton, NJ |
United States |
Medical Equipment and Supplies |
7.5 |
24 |
|
|
|
Subsidiary |
Oslo, Oslo |
Norway |
|
69.5 |
22 |
|
|
|
Subsidiary |
Wien |
Austria |
Investment Services |
|
21 |
|
|
|
Subsidiary |
Houston, TX |
United States |
Appliance and Tool |
55.8 |
20 |
|
|
|
Subsidiary |
TÃ¥strup |
Denmark |
Electronic Instruments and Controls |
27.7 |
20 |
|
|
|
Subsidiary |
Manama |
Bahrain |
Electronic Instruments and Controls |
|
20 |
|
|
|
Division |
Batavia, IL |
United States |
Scientific and Technical Instruments |
|
20 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Consumer Financial Services |
|
20 |
|
|
|
Subsidiary |
Neubiberg, Bayern |
Germany |
Miscellaneous Capital Goods |
5.1 |
19 |
|
|
|
WIVERTIS
Gesellschaft für Informations- und Kommunikationsdienstleistungen mbH |
Subsidiary |
Wiesbaden, Hessen |
Germany |
Computer Services |
14.3 |
18 |
|
|
Subsidiary |
Fridley, MN |
United States |
Miscellaneous Fabricated Products |
5.4 |
18 |
|
|
|
Subsidiary |
Maribor |
Slovenia |
Furniture and Fixtures |
|
17 |
|
|
|
Subsidiary |
Waltham, MA |
United States |
Communications Services |
5.6 |
15 |
|
|
|
Subsidiary |
Roscoe, IL |
United States |
Miscellaneous Fabricated Products |
|
15 |
|
|
|
Subsidiary |
Seoul, Seoul |
Korea, Republic of |
Communications Equipment |
3.6 |
14 |
|
|
|
Subsidiary |
Mornago, Varese |
Italy |
Miscellaneous Capital Goods |
8.1 |
12 |
|
|
|
Subsidiary |
Baku |
Azerbaijan |
Electronic Instruments and Controls |
|
11 |
|
|
|
Subsidiary |
Ballerup |
Denmark |
Consumer Financial Services |
|
11 |
|
|
|
Subsidiary |
Erlangen, Bayern |
Germany |
Auto and Truck Parts |
3,750.0 |
10 |
|
|
|
Subsidiary |
Hannover |
Germany |
Business Services |
10.2 |
10 |
|
|
|
Subsidiary |
Praha |
Czech Republic |
Medical Equipment and Supplies |
2.3 |
10 |
|
|
|
Subsidiary |
Meckenheim, Nordrhein-Westfalen |
Germany |
Computer Services |
|
10 |
|
|
|
Subsidiary |
Munich |
Germany |
Software and Programming |
|
10 |
|
|
|
Subsidiary |
Brussels |
Belgium |
Software and Programming |
|
10 |
|
|
|
Subsidiary |
Reading, PA |
United States |
Miscellaneous Capital Goods |
2.7 |
9 |
|
|
|
Subsidiary |
Nashua, NH |
United States |
Business Services |
1.1 |
9 |
|
|
|
Subsidiary |
Banja Luka |
Bosnia and Herzegovina |
Medical Equipment and Supplies |
|
8 |
|
|
|
Subsidiary |
Saint-Denis |
France |
Consumer Financial Services |
38.0 |
7 |
|
|
|
Subsidiary |
Rigas Rajons |
Latvia |
Medical Equipment and Supplies |
1.9 |
7 |
|
|
|
Subsidiary |
Karlsruhe |
Germany |
Real Estate Operations |
|
7 |
|
|
|
Subsidiary |
Berlin |
Germany |
Public Sector and Government |
3.1 |
6 |
|
|
|
Joint Venture |
Canonsburg, PA |
United States |
Engineering Consultants |
1.5 |
6 |
|
|
|
Joint Venture |
Mulheim an der Ruhr |
Germany |
Investment Services |
|
6 |
|
|
|
Subsidiary |
Elgin, IL |
United States |
Miscellaneous Capital Goods |
1.2 |
5 |
|
|
|
Division |
Houston, TX |
United States |
Real Estate Operations |
0.9 |
5 |
|
|
|
Subsidiary |
Lima |
Peru |
Furniture and Fixtures |
|
5 |
|
|
|
Subsidiary |
Allerod |
Denmark |
Software and Programming |
27.4 |
3 |
|
|
|
Subsidiary |
Vienna |
Austria |
Software and Programming |
0.7 |
3 |
|
|
|
Subsidiary |
Essen, Nordrhein-Westfalen |
Germany |
Business Services |
0.5 |
3 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Real Estate Operations |
|
3 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Real Estate Operations |
|
3 |
|
|
|
Subsidiary |
Trenton, NJ |
United States |
Miscellaneous Capital Goods |
|
3 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Commercial Banks |
168.4 |
2 |
|
|
|
Subsidiary |
Wien, Wien |
Austria |
|
87.8 |
2 |
|
|
|
Subsidiary |
München-Flughafen, Bayern |
Germany |
Business Services |
7.4 |
2 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Business Services |
0.4 |
2 |
|
|
|
Division |
San Jose, CA |
United States |
Business Services |
0.1 |
2 |
|
|
|
Subsidiary |
München, Bayern |
Germany |
Engineering Consultants |
|
2 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Business Services |
|
2 |
|
|
|
Subsidiary |
Orlando, FL |
United States |
Construction Services |
0.3 |
1 |
|
|
|
Subsidiary |
Banbury |
United Kingdom |
Construction Services |
0.0 |
1 |
|
|
|
Branch |
Belo Horizonte, Minas Gerais |
Brazil |
Miscellaneous Capital Goods |
|
1 |
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Real Estate Operations |
|
1 |
|
|
|
Subsidiary |
Erlangen |
Germany |
Miscellaneous Capital Goods |
114,270.0 |
|
|
|
|
Subsidiary |
Brasschaat |
Belgium |
Electric Utilities |
1.0 |
4 |
|
|
|
Subsidiary |
Munich |
Germany |
Real Estate Operations |
2,907.1 |
|
|
|
|
Subsidiary |
Praha 1 |
Czech Republic |
Electronic Instruments and Controls |
1,750.0 |
|
|
|
|
Subsidiary |
Drásov |
Czech Republic |
Electronic Instruments and Controls |
76.4 |
583 |
|
|
|
Subsidiary |
Praha |
Czech Republic |
Computer Networks |
69.6 |
301 |
|
|
|
Subsidiary |
Prague |
Czech Republic |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Prague |
Czech Republic |
Software and Programming |
|
|
|
|
|
Subsidiary |
Co Dublin |
Ireland |
Medical Equipment and Supplies |
608.3 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Appliance and Tool |
598.3 |
|
|
|
|
Subsidiary |
Moscow |
Russian Federation |
Software and Programming |
|
|
|
|
|
Subsidiary |
Kwun Tong, Kowloon |
Hong Kong |
Electronic Instruments and Controls |
295.6 |
|
|
|
|
Subsidiary |
Linz, Oberösterreich |
Austria |
Electronic Instruments and Controls |
225.9 |
|
|
|
|
Subsidiary |
Warszawa |
Poland |
Construction Services |
3.6 |
10 |
|
|
|
Subsidiary |
Jakarta |
Indonesia |
Miscellaneous Capital Goods |
209.5 |
|
|
|
|
Branch |
Cilegon, West Java |
Indonesia |
Electronic Instruments and Controls |
|
400 |
|
|
|
Subsidiary |
Istanbul (Anatolia) |
Turkey |
Miscellaneous Fabricated Products |
75.0 |
|
|
|
|
Subsidiary |
Beyoglu |
Turkey |
Consumer Financial Services |
17.6 |
|
|
|
|
Subsidiary |
Providencia |
Chile |
Electronic Instruments and Controls |
68.9 |
|
|
|
|
Subsidiary |
Ashgabat |
Turkmenistan |
Electronic Instruments and Controls |
61.5 |
|
|
|
|
Subsidiary |
Tres Cantos, Madrid |
Spain |
Communications Services |
46.5 |
|
|
|
|
Subsidiary |
Stavanger, Rogaland |
Norway |
|
32.8 |
|
|
|
|
Subsidiary |
Petaling Jaya, Selangor |
Malaysia |
Business Services |
17.7 |
|
|
|
|
Subsidiary |
Voronezh G. |
Russian Federation |
Electronic Instruments and Controls |
12.9 |
|
|
|
|
Subsidiary |
Hengelo Ov, Overijssel |
Netherlands |
Miscellaneous Capital Goods |
3.4 |
|
|
|
|
Subsidiary |
Slough |
United Kingdom |
Commercial Banks |
|
|
|
|
|
Subsidiary |
Slough |
United Kingdom |
Commercial Banks |
18.1 |
|
|
|
|
Subsidiary |
Al Athaiba |
Oman |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Cannock |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Düsseldorf |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Commercial Banks |
|
2 |
|
|
|
Subsidiary |
Wanchai |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Hong Kong |
Hong Kong |
Software and Programming |
|
|
|
|
|
Subsidiary |
Zhuzhou, Hunan Province |
China |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Shanghai |
China |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
San José |
Costa Rica |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Quito, Pichincha |
Ecuador |
Scientific and Technical Instruments |
|
|
|
|
|
Subsidiary |
Ciudad de Guatemala |
Guatemala |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Tegucigalpa |
Honduras |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Managua |
Nicaragua |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Ciudad de Panamá |
Panama |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Kingston |
Jamaica |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Champs Fleurs |
Trinidad and Tobago |
Electronic Instruments and Controls |
|
|
|
|
|
Joint Venture |
Gazipur |
Bangladesh |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Mumbai |
India |
Computer Hardware |
|
|
|
|
|
Subsidiary |
Dubai |
United Arab Emirates |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Abu Dhabi |
United Arab Emirates |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Nicosia |
Cyprus |
Computer Hardware |
|
|
|
|
|
Subsidiary |
München |
Germany |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Wanchai |
Hong Kong |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Chisinau |
Moldova, Republic of |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Minsk |
Belarus |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Kiev |
Ukraine |
Appliance and Tool |
|
|
|
|
|
Subsidiary |
Kiev |
Ukraine |
Communications Equipment |
|
|
|
|
|
Subsidiary |
Kiev |
Ukraine |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Nairobi |
Kenya |
Computer Hardware |
|
|
|
|
|
Subsidiary |
Port Louis |
Mauritius |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Dar es Salaam |
Tanzania |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Camberley |
United Kingdom |
Nonclassifiable Industries |
|
|
|
|
|
Subsidiary |
Sunbury-On-Thames |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
Jersey |
United Kingdom |
|
|
|
|
|
|
Subsidiary |
's-Gravenhage, Zuid-Holland |
Netherlands |
Miscellaneous Capital Goods |
|
|
|
|
|
Subsidiary |
Eschborn, Hessen |
Germany |
Commercial Banks |
|
1 |
|
|
|
Subsidiary |
Singapore |
Singapore |
Waste Management Services |
|
|
|
|
|
Subsidiary |
Gurgaon |
India |
Construction Services |
|
|
|
|
|
Subsidiary |
Eschborn, Hessen |
Germany |
Consumer Financial Services |
|
|
|
|
|
Subsidiary |
Marburg, Hessen |
Germany |
Healthcare Facilities |
915.9 |
1,300 |
|
|
|
Subsidiary |
Eschborn, Hessen |
Germany |
Personal and Household Products |
295.8 |
520 |
|
|
|
Subsidiary |
Nürnberg, Bayern |
Germany |
Business Services |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Bochum-Wattenscheid |
Germany |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Singapore |
Singapore |
Business Services |
|
|
|
|
|
Subsidiary |
Luanda |
Angola |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Santa Cruz, Santa Cruz |
Bolivia |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Berlin, Berlin |
Germany |
Real Estate Operations |
|
|
|
|
|
Subsidiary |
Nürnberg |
Germany |
Real Estate Operations |
|
|
|
|
|
Subsidiary |
München, Bayern |
Germany |
Miscellaneous Financial Services |
|
|
|
|
|
SVM
Star Ventures Managementgesellschaft mbH Nr. 3 & Co. Beteiligungs KG Nr.
4 |
Subsidiary |
München, Bayern |
Germany |
Business Services |
|
|
|
|
Subsidiary |
Paderborn |
Germany |
Electronic Instruments and Controls |
|
|
|
|
|
Subsidiary |
Vilnius |
Lithuania |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Ho Chi Minh City |
Viet Nam |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Milton, QLD |
Australia |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Dar es Salaam |
Tanzania |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Ljubljana |
Germany |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Commercial Banks |
|
|
|
|
|
Subsidiary |
Grünwald, Bayern |
Germany |
Insurance (Accident and Health) |
|
|
|
|
|
Subsidiary |
Dakar |
Senegal |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Gurgaon, Haryana |
India |
Software and Programming |
|
|
|
|
|
Subsidiary |
Mexico |
Mexico |
Investment Services |
|
|
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Miscellaneous Capital Goods |
214.3 |
3,030 |
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Communications Equipment |
21.1 |
107 |
|
|
|
Subsidiary |
Ciudad De Mexico, Distrito Federal |
Mexico |
Medical Equipment and Supplies |
0.0 |
32 |
|
|
|
Subsidiary |
Tlaquepaque, Jalisco |
Mexico |
Business Services |
5.1 |
22 |
|
|
|
Subsidiary |
Vienna |
Austria |
Investment Services |
|
|
|
|
|
Subsidiary |
Prague |
Czech Republic |
Furniture and Fixtures |
|
|
|
|
|
Subsidiary |
Montevideo |
Uruguay |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Budapest |
Hungary |
Electric Utilities |
|
|
|
|
|
Subsidiary |
Contagem |
Brazil |
Engineering Consultants |
|
|
|
|
|
Subsidiary |
Cambridge, ON |
Canada |
Medical Equipment and Supplies |
|
|
|
|
|
Subsidiary |
Iselin, NJ |
United States |
Investment Services |
|
|
|
|
|
Subsidiary |
Carnaxide |
Portugal |
Furniture and Fixtures |
|
|
|
|
|
Bewator Holding Ab |
Subsidiary |
|
|
|
|
|
|
|
Bewator Group Ab |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Askim, Västra Götaland |
Sweden |
Auto and Truck Parts |
15.2 |
50 |
|
|
|
Cale Group Ab |
Subsidiary |
|
|
|
|
|
|
|
Subsidiary |
Tonbridge |
United Kingdom |
Business Services |
0.6 |
|
|
|
|
Subsidiary |
Tonbridge |
United Kingdom |
Miscellaneous Capital Goods |
6.0 |
25 |
|
|
Competitors
Report
|
Company Name |
Location |
Employees |
Ownership |
|
3M Co |
St. Paul, Minnesota, United States |
84,000 |
Public |
|
9Ren España Sl |
Madrid, Spain |
84 |
Private |
|
ABB Ltd. |
Zuerich, Switzerland |
133,600 |
Public |
|
Abbott Laboratories |
Abbott Park, Illinois, United States |
91,000 |
Public |
|
Accenture Plc |
Dublin, Ireland |
257,000 |
Public |
|
Alcatel Lucent SA |
Paris, France |
76,002 |
Public |
|
Alstom SA |
Levallois-Perret, France |
92,847 |
Public |
|
AREVA SA |
Paris, France |
48,000 |
Public |
|
Atos S.A. |
Bezons, France |
75,900 |
Public |
|
Avaya Inc. |
Basking Ridge, New Jersey, United
States |
18,422 |
Private |
|
Beckman Coulter, Inc. |
Brea, California, United States |
11,900 |
Public |
|
Bombardier, Inc. |
Montreal, Quebec, Canada |
70,000 |
Public |
|
BP Solar International Inc |
Frederick, Maryland, United States |
2,200 |
Private |
|
Bull AG |
Vienna, Austria |
40 |
Private |
|
Cap Gemini SA |
Paris, France |
123,229 |
Public |
|
Cerner Corporation |
Kansas City, Missouri, United States |
9,900 |
Public |
|
Cisco Systems, Inc. |
San Jose, California, United States |
66,639 |
Public |
|
CIT Group Inc. |
New York, New York, United States |
3,630 |
Public |
|
Computer Sciences Corporation |
Falls Church, Virginia, United States |
95,000 |
Public |
|
Cooper Industries plc |
Houston, Texas, United States |
25,786 |
Public |
|
Daimler AG |
Stuttgart, Baden-Württemberg,
Germany |
271,370 |
Public |
|
Danieli & C Officine Meccaniche
S.p.A. |
Buttrio, Italy |
10,323 |
Public |
|
Dassault Systemes S.A. |
Velizy Villacoublay, France |
9,684 |
Public |
|
Dell Inc. |
Round Rock, Texas, United States |
106,700 |
Public |
|
Denso Corporation |
Kariya-Shi, Japan |
126,036 |
Public |
|
Deutsche Telekom AG |
Bonn, Germany |
232,926 |
Public |
|
Dover Corporation |
Downers Grove, Illinois, United
States |
34,000 |
Public |
|
Draka Holding NV |
Amsterdam, Netherlands |
9,377 |
Public |
|
Dresser-Rand Group Inc. |
Houston, Texas, United States |
7,506 |
Public |
|
Eaton Corporation |
Cleveland, Ohio, United States |
74,000 |
Public |
|
Emerson Electric Co. |
St. Louis, Missouri, United States |
134,900 |
Public |
|
Exact Holding N.V. |
Delft, Netherlands |
1,786 |
Public |
|
Fanuc Corp |
Minamitsuru-Gun, Japan |
5,198 |
Public |
|
Fomento de Construcciones y Contratas
SA |
Barcelona, Spain |
87,284 |
Public |
|
Gamesa Corporacion Tecnologica SA |
Zamudio, Spain |
8,181 |
Public |
|
General Electric Company |
Fairfield, Connecticut, United States |
301,000 |
Public |
|
Getronics NV |
Zoetermeer, Netherlands |
4,000 |
Private |
|
GN Resound A/S |
Ballerup, Denmark |
3,775 |
Private |
|
Hewlett-Packard Company |
Palo Alto, California, United States |
349,600 |
Public |
|
Hitachi, Ltd. |
Tokyo, Japan |
323,540 |
Public |
|
Hologic, Inc. |
Bedford, Massachusetts, United States |
6,157 |
Public |
|
Honeywell International Inc. |
Morristown, New Jersey, United States |
132,000 |
Public |
|
HP Enterprise Services, LLC |
Plano, Texas, United States |
10,000 |
Private |
|
Huawei Technologies Co., Ltd. |
Shenzhen, China |
65,596 |
Private |
|
Intel Corporation |
Santa Clara, California, United
States |
104,700 |
Public |
|
International Business Machines Corp. |
Armonk, New York, United States |
433,362 |
Public |
|
Invensys plc |
London, United Kingdom |
20,959 |
Public |
|
Johnson Controls, Inc. |
Milwaukee, Wisconsin, United States |
170,000 |
Public |
|
Koninklijke Philips Electronics NV |
Amsterdam, Netherlands |
121,254 |
Public |
|
Koor Industries Limited |
Tel Aviv-Yafo, Israel |
19,274 |
Public |
|
Lockheed Martin Corporation |
Bethesda, Maryland, United States |
123,000 |
Public |
|
Man SE |
Muenchen, Germany |
52,932 |
Public |
|
McKesson Corporation |
San Francisco, California, United States |
37,700 |
Public |
|
Microsoft Corporation |
Redmond, Washington, United States |
94,000 |
Public |
|
Mitsubishi Corp |
Tokyo, Japan |
63,058 |
Public |
|
Mitsubishi Electric Corporation |
Tokyo, Japan |
117,314 |
Public |
|
Mitsubishi Heavy Industries, Ltd. |
Tokyo, Japan |
68,887 |
Public |
|
Mitsui Engineering & Shipbuilding
Co Ltd |
Tokyo, Japan |
10,025 |
Public |
|
Motorola Solutions Inc |
Schaumburg, Illinois, United States |
21,000 |
Public |
|
Nexans SA |
Paris, France |
25,000 |
Public |
|
Nichia Corporation |
Tokushima, Japan |
6,760 |
Private |
|
NICHIA STEEL WORKS, LTD. |
Amagasaki-Shi, Japan |
679 |
Public |
|
NKT Holding A/S |
Broendby, Denmark |
8,947 |
Public |
|
Nokia Oyj |
Espoo, Finland |
105,265 |
Public |
|
Northrop Grumman Corporation |
Falls Church , Virginia, United
States |
72,500 |
Public |
|
Northrop Grumman Information
Technology, Inc. |
McLean, Virginia, United States |
18,500 |
Private |
|
Official Payments Holdings Inc |
Norcross, Georgia, United States |
223 |
Public |
|
Oki Electric Industry Co., Ltd. |
Tokyo, Japan |
16,736 |
Public |
|
Orange Business Netherlands BV |
Amsterdam, Netherlands |
335 |
Private |
|
Panasonic Corporation |
Kadoma-Shi, Japan |
327,512 |
Public |
|
Parity Group plc |
London, United Kingdom |
161 |
Public |
|
Perot Systems Corporation |
Plano, Texas, United States |
23,100 |
Private |
|
Renesas Electronics Corporation |
Kawasaki, Kanagawa, Japan |
42,800 |
Public |
|
Robert Bosch GmbH |
Gerlingen, Germany |
302,519 |
Private |
|
Roche Diagnostics Corporation |
Indianapolis, Indiana, United States |
4,200 |
Private |
|
Roche Holding Ltd. |
Basel, Switzerland |
80,129 |
Public |
|
Rockwell Automation |
Milwaukee, Wisconsin, United States |
22,000 |
Public |
|
Roundarch Incorporated |
Chicago, Illinois, United States |
250 |
Private |
|
Schneider Electric S.A. |
Rueil-Malmaison, France |
137,535 |
Public |
|
Schneider Electric SA |
Rueil-Malmaison, France |
130,000 |
Public |
|
Societe Generale SA |
Paris, France |
160,000 |
Public |
|
Sonova Holding AG |
Staefa, Switzerland |
8,741 |
Public |
|
Teksystems, Inc. |
Hanover, Maryland, United States |
4,000 |
Private |
|
Telent Ltd. |
Warwick, United Kingdom |
1,883 |
Private |
|
Tellabs, Inc. |
Naperville, Illinois, United States |
3,246 |
Public |
|
Texas Instruments Incorporated |
Dallas, Texas, United States |
34,759 |
Public |
|
TKH Group NV |
Haaksbergen, Netherlands |
4,255 |
Public |
|
Toshiba Corp |
Tokyo, Japan |
209,784 |
Public |
|
Tyco International Ltd. |
Schaffhausen, Switzerland |
70,000 |
Public |
|
Unisys Corporation |
Blue Bell, Pennsylvania, United
States |
22,700 |
Public |
|
United Technologies Corporation |
Hartford, Connecticut, United States |
199,900 |
Public |
|
UTStarcom Holdings Corp |
Beijing, China |
1,560 |
Public |
|
UTStarcom Holdings Corp. |
Beijing, China |
1,560 |
Public |
|
Varian Medical Systems, Inc. |
Palo Alto, California, United States |
6,100 |
Public |
|
Vestas Wind Systems A/S |
Aarhus, Denmark |
20,090 |
Public |
|
Visteon Corporation |
Van Buren Township, Michigan, United
States |
22,000 |
Public |
|
Westell Technologies Inc. |
Aurora, Illinois, United States |
136 |
Public |
|
William Demant Holding A/S |
Smoerum, Denmark |
7,953 |
Public |
Executive report
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Board of
Directors |
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Chairman of the Supervisory Board |
Chairman |
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President of the Managing Board, Chief Executive Officer |
Chairman |
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Mark Stone, Chairman, CEO, Gores Group |
Chairman |
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Second Deputy Chairman of the Supervisory
Board |
Vice-Chairman |
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Co-stv.- Vorsitzender des Aufsichtsrates |
Vice-Chairman |
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First Deputy Chairman of the Supervisory Board, Employee
Representative |
Vice-Chairman |
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Director |
Director/Board Member |
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Member of Managing Board, Head of Corporate Finance & Controlling |
Director/Board Member |
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Director |
Director/Board Member |
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Member of the board |
Director/Board Member |
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Director of Supervisory Board |
Director/Board Member |
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Executives |
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Chief Executive Officer |
Chief Executive Officer |
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CEO Power Distribution Division |
Chief Executive Officer |
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CEO of Osram |
Chief Executive Officer |
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CEO, IT Solutions & Services Inc. |
Chief Executive Officer |
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CEO Mobility, Chief Compliance Officer |
Chief Executive Officer |
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CEO Of Siemens Austria |
Chief Executive Officer |
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CEO Industry |
Chief Executive Officer |
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New CEO Of Siemens Water Technologies |
Chief Executive Officer |
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President of the Managing Board, Chief
Executive Officer |
Chief Executive Officer |
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CEO, Healthcare Workflow Solutions
Division |
Chief Executive Officer |
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CEO Imaging and Therapy Systems |
Chief Executive Officer |
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|
Chief Executive Officer Siemens Japan K.K |
Chief Executive Officer |
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Acting CEO Siemens IT Solutions And Serv |
Chief Executive Officer |
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CEO, Power Transmission Division |
Chief Executive Officer |
|
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Chief Executive Officer Brazil |
Chief Executive Officer |
|
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|
Mark Stone, Chairman, CEO, Gores Group |
Chief Executive Officer |
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CEO Energy Service |
Chief Executive Officer |
|
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|
President of Industry Automation
Division—USA |
President |
|
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President, Smart Grid |
President |
|
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President-Osram |
President |
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President, Mobility and Logistics |
President |
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|
President-Building Technologies, South
Korea |
President |
|
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President, Drive Technologies
Division—USA |
President |
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President, Customer Services
Division—USA |
President |
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President, Building Technologies |
President |
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President, Low and Medium Voltage |
President |
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CEO Oil and Gas |
Division Head Executive |
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CEO Infrastructure and Cities |
Division Head Executive |
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Vice President Integrated Services |
Division Head Executive |
|
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President and CEO - US Operations |
Division Head Executive |
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Chief Executive Officer, Rail Systems
Division in the Infrastructure and Cities Sector |
Division Head Executive |
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Co-Leiter-Automation & Drives |
Division Head Executive |
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Industry Sector Country Leader—Canada |
Division Head Executive |
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Leiter-Industry |
Division Head Executive |
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CEO, Compression and Solutions Business
Unit |
Division Head Executive |
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Leiter-Elektronische Medien |
Division Head Executive |
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CEO, Industry Sector, North America |
Division Head Executive |
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Industry Sector Country Leader—Mexico |
Division Head Executive |
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Chief Executive Officer - Siemens
Audiologische Technik |
Division Head Executive |
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Leiter-Medical Solutions MED |
Division Head Executive |
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CEO Diagnostics |
Division Head Executive |
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Chief Executive - Wind-Power Business Unit |
Division Head Executive |
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Leiter-Transportation Systems |
Division Head Executive |
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Leiter-Power Generation |
Division Head Executive |
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CEO of Energy Sector |
Division Head Executive |
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CEO Of The Siemens Energy Division Oil
& |
Division Head Executive |
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Chief Executive Officer of the Renewable
Energy Division |
Division Head Executive |
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Leiter-Power Generation |
Division Head Executive |
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Co-Leiter-Automation & Drives |
Division Head Executive |
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Chief Executive Officer, UAE |
Division Head Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Financial Services |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Member of the Managing Board, Head of
Corporate Human Resources and Labor Director |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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Member of the Managing Board, Chief
Technology Officer, Head of Corporate Technology |
Administration Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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|
Member of the Supervisory Board, Employee
Representative |
Administration Executive |
|
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Member of the Managing Board, Chief
Sustainability Officer, Head of Supply Chain Management |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Bereichsvorstand Building Technologies |
Administration Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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|
Bereichsvorstand Power Transmission |
Administration Executive |
|
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Member of the Managing Board, Chief
Executive Officer of Healthcare Sector |
Administration Executive |
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Member of the Managing Board, Chief
Executive Officer of Industry Sector |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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|
Member of the Managing Board, Head of
Corporate Legal and Compliance |
Administration Executive |
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|
Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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Member of the Supervisory Board |
Administration Executive |
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|
Member of the Supervisory Board, Employee
Representative |
Administration Executive |
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|
CFO |
Finance Executive |
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Member of Managing Board, Head of
Corporate Finance & Controlling |
Finance Executive |
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Leiter-Personal |
Human Resources Executive |
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Manager-Personal |
Human Resources Executive |
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|
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Leiter-Business Services |
Customer Service Executive |
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|
Leiterin-Shared Services |
Customer Service Executive |
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|
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|
Senior Vice President, Sales—USA |
Sales Executive |
|
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|
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|
Leiterin-Trade Press |
Corporate Communications Executive |
|
|
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Leiter-Unternehmenskommunikation |
Corporate Communications Executive |
|
|
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|
Leiter-Unternehmenskommunikation |
Corporate Communications Executive |
|
|
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|
Leiter-Presse |
Public Relations Executive |
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|
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|
Leiter-General Interest Press |
Public Relations Executive |
|
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Leiter-Presse |
Public Relations Executive |
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|
Leiter-Information |
Information Executive |
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|
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|
Leiter-Forschung & Entwicklung |
Research & Development Executive |
|
|
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|
Chief Counsel Compliance |
Legal Executive |
|
|
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|
Chief Compliance Officer |
Legal Executive |
|
|
||||||||||||
|
Leiter-Procurement |
Purchasing Executive |
|
|
||||||||||||
|
||||||||||||||||
|
Leiter-Risk Management |
Insurance Executive |
|
|
||||||||||||
|
Metals Technologies Global Segment Head,
Casting and Rolling |
Other |
|
|
||||||||||||
|
Vice President Metals Technologies
Business Unit |
Other |
|
|
||||||||||||
|
Senior Vice President - Worldwide Channels
& Alliances |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Supervisory Board of Directors |
Other |
|
|
||||||||||||
|
||||||||||||||||
|
Head Of Siemens Liaison Office In Brusse |
Other |
|
|
||||||||||||
|
||||||||||||||||
Significant Developments
Siemens AG To Cut 1,100 Jobs In Energy Sector-AP Dec 20, 2012
The Associated Press reported that Siemens AG says it will cut about 1,100 jobs in its energy division in Germany over the next two years amid a wider cost-cutting effort. Siemens said that cuts will primarily affect its fossil power and the oil and gas services units which are experiencing sluggish demand. The phasing-out of its nuclear power division also plays a role. The Company says it aims to shrink the division by not filling vacancies and by assigning workers to other production units, rather than through lay-offs.
Silovye Mashiny OAO's and Siemens AG's Joint Venture STGT OOO Signs Purchase-Sale Agreement with YuIT Lentek ZAO; To Create Gas Turbines Plant in Leningrad Region-RIA Vesti Dec 19, 2012
RIA Vesti reported that Simens tekhnologii gazovykh turbin OOO (STGT OOO), a joint venture of Silovye Mashiny OAO and Siemens AG, has signed a purchase and sale agreement with YuIT Lentek ZAO. Following the agreement, Simens tekhnologii gazovykh turbin OOO will buy from YuIT Lentek ZAO a 3,8 hectares of land area in the Greenstate industrial park in the Leningrad region. On the purchased land, Simens tekhnologii gazovykh turbin OOO intends to build a world-class compfor manufacturing and servicing of Siemens gas turbines SGT5-2000E and SGT5-4000F.
Pemex Sues Siemens AG Over Bribery Claims Dec 14, 2012
reported that State-owned Mexican oil company Pemex has sued Siemens AG and a South Korean company for $1.5 billion, over a bribery scheme that has dogged the German conglomerate for years. Siemens neither admitted nor denied the allegations in settling with the SEC. The lawsuit seeks at least $500 million in damages, which could be tripled under the Racketeer Influenced and Corrupt Organizations Act. Guenter Gaugler, a spokesman for Siemens, and officials with Mexico City-based Pemex declined comment.
Redknee Solutions Inc Plans To Acquire Business Support Systems From Nokia Oyj And Siemens AG's Nokia
Siemens Networks Dec 05, 2012
Redknee Solutions Inc announced that it has reached a definitive agreement to acquire Nokia Siemens Networks' Business Support Systems (BSS) business. Nokia Siemens Networks' BSS business provides real-time charging, rating, policy, customer care solutions to more than 130 communication service providers, including half of top 100 global mobile operators. Approximately 1200 employees would transfer to Redknee. The acquisition would involve the transfer to Redknee of Nokia Siemens Networks' BSS customer and supplier contracts, intellectual property rights, fixed assets and associated liabilities, along with BSS employees. The employees expected to transfer to Redknee are mainly based in Berlin, Germany; Bangalore, India; and Wroclaw, Poland. Until the agreement closes, Nokia Siemens Networks will work to ensure an orderly migration and transfer of the BSS business. Nokia Siemens Networks would retain a small number of broader customer contracts that include elements of BSS for GSM-R and mobile broadband related mediation. Redknee expects to finance the transaction through a combination of cash on balance sheet and debt facilities. The total consideration paid by Redknee for the BSS business will include EUR15 million in cash at closing, plus a maximum of EUR25 million for certain performance-based cash earn-outs expected to be paid over 12 to 36 months post-closing. The acquisition is anticipated to close in the first half of calendar year 2013.
Nokia Oyj and Siemens AG's Nokia Siemens Network To Close Services Unit Dec 04, 2012
reported that Nokia Siemens Networks' (NSN) German services unit faces closure and 1,000 jobs are at risk as Nokia Oyj and Siemens AG shake up the joint venture. The closure would be effective by the end of 2013 and will be announced on December 5, 2012 during a meeting.
Nokia Oyj And Siemens AG's Nokia Siemens Sells Optical Network Unit To Marlin Equity Partners-DJ Dec 03, 2012
Dow Jones reported that Nokia Siemens Networks (NSN) is selling its optical networks business to Los Angeles-based private investment firm Marlin Equity Partners for an undisclosed sum. The network joint venture of Nokia Oyj and Siemens AG said up to 1,900 employees, mainly in Germany, Portugal and China, would transfer to a new company established by Marlin Equity Partners as a result of the transaction.
Siemens AG's Osram To Cut Workforce By 4,700 Jobs-DJ Nov 30, 2012
Dow Jones reported that Siemens AG's lighting unit Osram plans to cut its workforce by more than 10% as part of an effort to save EUR1 billion ($1.3 billion) and improve profitability, the Company said on November 30, 2012. Osram has about 39,000 employees worldwide, and has already cut around 1,900 jobs this past year. Of the 4,700 new cuts, 4,300 will be outside Germany.
Nokia Oyj and Siemens AG's Nokia Siemens Networks To Cut Jobs, Shuts Down Plant In Bruchsal, Germany Nov 29, 2012
reported that Nokia Siemens Networks (NSN) will cut 650 jobs as it shuts down its plant in Bruchsal, Germany, a spokeswoman for the Company said. The 50-50 joint venture (JV) between Nokia Oyj and Siemens AG is carrying out a cost-cutting plan, which includes laying off a quarter of its staff and selling product lines to focus on mobile broadband.
BioPorto A/S and Siemens AG's Siemens Healthcare Diagnostics Enter Sales Cooperation Agreement Nov 29, 2012
BioPorto A/S announced that the Company has entered agreement on sales cooperation with Siemens AG's Siemens Healthcare Diagnostics (Siemens) in which Siemens is to offer the Company's NGAL Test to its clients, while the distribution is to continue through the Company. Siemens is to send a marketing letter to all its international subsidiaries and distributors which validates NGAL Test with Siemens' ADVIA 1800. The marketing letter contains the information on the use of NGAL Test, where it is registered for diagnostics and how the cooperation functions.
Siemens AG to Acquire Invensys Rail Nov 28, 2012
Siemens AG (Siemens) announced that on November 28, 2012 the Supervisory Board approved the decision of the Managing Board to enter into an agreement to acquire Invensys Rail, the rail automation business of Invensys, for approximately EUR 2.2 billion (GBP 1.742 billion). Invensys Rail with approximately 3,200 employees and revenues of GBP 775 million in its last fiscal year ending March 2012 shall be integrated into Siemens' Rail Automation Business Unit headquartered in Berlin, Germany, as part of the Mobility and Logistics Division in the Infrastructure & Cities Sector. Siemens expects the transaction to close in the second quarter of calendar year 2013.
Siemens AG's Osram To Restructure Before Spin-off Nov 22, 2012 reported that Siemens AG's lighting unit Osram is planning a restructuring including thousands of job cuts before it is spun off next year. The programme will cost about EUR500 million ($640 million) and will affect mostly sites outside Germany. Siemens plans to spin off most of Osram in the European spring of next year, having scrapped plans for an initial public offering (IPO) on weak markets.
Siemens AG Acquires LMS International NV Nov 08, 2012
Siemens AG announced that it has acquired LMS International NV (LMS), a
provider of test and mechatronic simulation for compproducts. The purchase
price for LMS amounts to approximately EUR 680 million. The business activities
of LMS are to be integrated into the product lifecycle management (PLM)
software portfolio within the Siemens Industry Automation Division.
Siemens Wins Order To Supply Power Equipment in Venezuela-DJ Oct 31,
2012
Dow Jones reported that Siemens AG has received an order from Elecnor SA
to supply equipment for power plants in Venezuela. The power plants, which are
a part of Juan Manuel Valdez Guiria project, will be constructed in two phases.
The plant to be constructed in phase one will have a total capacity of 700
megawatts and will start operating in 2015. Siemens AG will supply gas
turbines, steam turbines, generators, instrumentation and control equipment,
among others. Financial details of the order were not disclosed.
Ericsson and Nokia Oyj and Siemens AG's Joint Venture Receive Order from
TIM Brasil-Direkt Oct 31, 2012
Direkt reported that TIM Brasil has chosen Ericsson, Nokia Oyj and
Siemens AG's Joint Venture, Nokia Siemens Networks (NSN), and Huawei as
suppliers of the LTE equipment. The three companies have already delivered a
part of the equipment to TIM Brasil's 2G and 3G networks. NSN, Ericsson and
Huawei are to deliver the 4G / LTE equipment to the same geographic areas where
they are currently providing GSM and WCDMA equipment. The financial details
were not disclosed.
Nokia Oyj and Siemens AG's Joint Venture Receives Order from Indosat-SIX
Oct 22, 2012
SIX reported that Nokia Siemens Networks, a joint venture between Nokia
Oyj and Siemens AG, has received an order from the mobile operator Indosat in
Indonesia. Nokia Siemens Networks is to deliver the infrastructure and services
for GSM and mobile 3G to Indosat. The financial details were not disclosed.
Siemens AG In Talks To Sell Solar Business Oct 22, 2012 reported that
Siemens AG is to sell its solar energy business as part of its cost-saving
programme, and is already holding talks with potential buyers. Siemens has not
said how much money it aimed to save or how many jobs could go as part of its
new programme, dubbed Turbine 2013.
Siemens AG Receives USD220 Million Supply Contract for Power Plant in
Brazil Oct 18, 2012
Siemens AG announced that it will supply the power island for the UTE
Mauß 3 combined-cycle power plant in Manaus, Brazil. The power island
equipment includes two heavy-duty gas turbines, one steam turbine, three
generators and the instrumentation and control system. The order volume is
approximately USD220 million. The plant will be built for Amazonas
Distribuidora de Energia S.A., a subsidiary of Eletrobrßs, the National
Brazilian Electrical Company. The natural gas-fired power station with an
installed capacity of approximately 580 megawatts.
Siemens AG Could Drop Offer For Finmeccanica SpA's Ansaldo-DJ Oct 15,
2012
Dow Jones reported that Siemens AG will consider dropping its EUR1.3
billion ($1.69 billion) offer for Finmeccanica SpA's power engineering unit
AnsaldoEnergia if talks drag on past early November, the Financial Times
reported. The paper said on Monday that Siemens was unwilling to raise its
offer for Ansaldo.
Siemens AG To Cut Jobs, Close Offices Oct 11, 2012
reported that Siemens AG may outline job cuts and office closures on October 11, 2012 to stop profits sliding as customers put off ordering engineering equipment because of Europe's economic crisis. Siemens AG may also shut offices in some of the 190 countries where Siemens operates to focus on the few that make the most profits.
Nokia Oyj and Siemens AG's Joint Venture Completes Divestment of IPTV Assets to Belgacom SA-SIX
Oct 02, 2012
SIX reported that Nokia Siemens, a joint venture between Nokia Oyj and Siemens AG, has completed the divestment of IPTV assets to Belgacom SA. The divestment is part of Nokia Siemens' focus on mobile broadband and services. A total of 23 employees is to be taken over by Belgacom.
IBS AG Announces Draft of Control Agreement Between IBS AG and Siemens AG's Siemens Beteiligungen Inland GmbH Sep 21, 2012
IBS AG announced that as of September 21, 2012, the Board of Management of the Company and the Board of Management of Siemens Beteiligungen Inland GmbH, Munich, a wholly-owned subsidiary of Siemens AG, have set up a draft of the announced control agreement between the Siemens Beteiligungen Inland GmbH as controlling company and the IBS AG as a controlled company, and intend to close the contract in writing on October 11, 2012. The object of the draft control agreement is, inter alia, the cash settlement to the sum of EUR 6.90 per IBS AG share and an adjustment payment to the gross sum of EUR 0.26 (net value after corporate tax and solidarity contribution: EUR 0.23) for each full fiscal year per IBS AG share.
Nokia Oyj and Siemens AG's Joint Venture Accelerates Restructuring Plan Including Layoffs and Divestment of Product Lines Sep 21, 2012
reported that Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG, has decided to move ahead with its restructuring faster than expected. The company is in the middle of a cost-cutting plan, which includes laying off a quarter of its staff and selling product lines to focus on mobile broadband. The restructuring should result in more than EUR 1 billion (USD 1.3 billion) in cost savings by the end of 2013.
IBS AG Consults on Conclusion of Control Agreement Between IBS AG as Controlled Company and Siemens AG's Siemens Beteiligungen Inland GmbH as Controlling Company Sep 17, 2012
IBS AG announced that its Board of Management of IBS has counseled on the conclusion of a control agreement between IBS AG as a controlled company and Munich-based Siemens Beteiligungen Inland GmbH, a wholly-owned subsidiary of Siemens AG, as controlling company. The object of the consulting was, inter alia, the intended cash settlement to the sum of EUR 6.90 per IBS AG share and an adjustment payment to the gross sum of EUR 0.26 (net value after corporate tax and solidarity contribution: EUR 0.23) for each full fiscal year per IBS AG share. The Board of Management of the Company will adopt the resolution with the proviso of approval of the affiliation agreement by both the Supervisory Board and the Shareholders' Meeting, which, according to planning, shall be held on September 21, 2012. Approval of the control agreement by the Corporate Management and by the General Assembly of Siemens Beteiligungen Inland GmbH has yet to be obtained.
Nokia Oyj And Siemens AG's Nokia Siemens Seeing Good Buyer Interest For Unit; Ericsson Reported To Be Front Runner To Buy Sep 13, 2012 reported that mobile network equipment maker Nokia Siemens Networks is seeing 'good interest' from potential buyers for its business support systems (BSS) unit. Formed by Nokia Oyj and Siemens AG in 2007. Ericsson was reported to be the front runner to buy the unit, which provides billing and charging systems for telecoms operators.
Nokia Oyj and Siemens AG's Nokia Siemens Networks Receives Order in
Poland-SIX
Sep 05, 2012
SIX reported that Nokia Oyj and Siemens AG's joint venture Nokia Siemens Networks has received an order for expansion and modernization of GSM, HSPA+ and LTE from Polkomtel and partner Aero2 in Poland. The operator wants to improve coverage. The companies have signed a framework agreement. Separate agreement regarding services has been signed.
Nokia Oyj And Siemens AG's Nokia Siemens Networks Gets Turkish Rail Deal-DJ Sep 04, 2012
Dow Jones reported that Turkish State Railways, T.C. Devlet Demiryollar1 (TCDD), is working with Nokia Oyj and Siemens AG's network equipment vendor JV Nokia Siemens Networks and Thales Spain to upgrade its Global System for Mobile Communications-Railway (GSM-R) infrastructure for the rail line between Eskisehir and Ankara. Nokia Siemens Networks will supply a GSM-R network that provides reliable voice communication between staff on the train and the operation center. On-board digital radio signaling and diagnosis systems from Thales will provide additional advanced operational features such as reporting and monitoring of the exact position and travel direction of trains.
Siemens AG to Start Trading on Bucharest Stock Exchange on August 23, 2012-SeeNews - The Corporate Wire Aug 22, 2012
SeeNews - The Corporate Wire reported that shares of Siemens AG will start trading on the Bucharest Stock Exchange on August 23, 2012, the bourse said. The Company's shares will be traded on the Alternative Trading System of the Bucharest bourse. Romanian brokerage house Tradeville will act as market maker for the Company. Shares issued by another 20 foreign companies, Adidas, Deutsche Telekom, E.ON, Christian Dior, Danone, Heineken, L'Oreal, Bayer, SAP, Daimler, Visa, Intel, Coca-Cola, Apple, Bank of America, Microsoft Corp., Google, McDonald's, JPMorgan Chase & Co and Merck & Co, are currently traded on Bucharest Stock Exchange's Alternative Trading System platform.
Siemens AG's Siemens Healthcare Enters into Definitive Agreement to Acquire Penrith Corporation Aug 21, 2012
Siemens AG's Siemens Healthcare announced that the company has entered into a definitive agreement to acquire substantially all of the assets of Penrith Corporation of Plymouth Meeting, Pa., a manufacturer of integrated ultrasound imaging systems. Through this acquisition, Siemens will offer new and improved diagnostic capabilities. The deal is expected to close in September 2012.
Siemens AG Seeks Thousands Of Job Cuts Aug 20, 2012 reported that Siemens AG is in preliminary discussions about thousands of job cuts as it responds to a weaker economy, particularly in Europe, a German newspaper reported. Internal talks about job cuts are at an early stage and decisions could be made in October or November, daily Boersen-Zeitung said. CEO Peter Loescher said at the time Siemens would have to cut costs and become leaner. Siemens was not immediately available for comment.
Siemens AG's Siemens Rail Systems Receives Contract to Refurbish 21 Light Rail Vehicles for Sacramento Regional Transit Aug 08, 2012
Siemens AG's Siemens Rail Systems announced that that it has received a contract to modify and refurbish 21 light rail vehicles (LRV), the Sacramento Regional Transit District (RT) will add to its fleet at a fraction of the cost of new vehicles. RT acquired the vehicles -- originally built by Urban Transportation Development Corp. (UTDC) -- from Santa Clara Valley Transportation Authority. The vehicles originally went into operation in 1987 and have been in storage since RT acquired them in 2003. They are now needed for RT's expanding system but need to be updated to meet operating requirements. The refurbishment will add approximately 15 years of additional useful life to the vehicles, while new vehicles are typically built to last 30 years. Siemens will also modernize the vehicle's communications, event recorders and auxiliary power systems.
Siemens AG Starts EUR3Billion Share Repurchase Aug 02, 2012 reported
that Siemens AG said it has started a share repurchase programme worth up to
EUR3 billion ($3.65 billion) to be carried out by the end of this year, as
authorised by its annual shareholder meeting in January 2011. The buy-back
serves the reduction of its capital stock, but some shares would be used for
employee and executive compensation as well as for convertible bonds and
warrant bonds, Siemens said late on August 2, 2012.
Siemens AG Secures Order To Electrify Hawaii's Rail Transit System Jul
31, 2012
Siemens AG announced it has received a multi-million dollar order from
Ansaldo Honolulu JV to electrify the track for the new Honolulu rail transit
system. The rail system is the first for the state and is scheduled to be
completed in 2019. It will span 20 miles (32 kilometers) from East Kapolei to
Ala Moana Center with 21 stations along the route, including Pearl Harbor and
the Honolulu Airport. Siemens will supply 14 traction power DC rectifier
substations at 750 volts and two tie breaker gap substations. The order also
includes the emergency stop equipment at the metro depot and all stops on the
line.
Nokia Oyj and Siemens AG's Nokia Siemens Networks Receives Order from
Optus in Australia Jul 31, 2012
Nokia Oyj and Siemens AG's joint venture, Nokia Siemens Networks
announced that it has been selected by Australia's Optus as a partner for its
key network initiatives. The agreement includes modernization of the mobile
network, reframing the 900 megahertz GSM frequency band, and providing
infrastructure and services for LTE (4G) rollout in Sydney and Perth. In
addition, Nokia Siemens Networks is the sole LTE core provider for Optus.
Siemens AG To Spin Off Osram In 2013 Jul 26, 2012
reported that Siemens will spin off its lighting unit Osram in 2013.
Siemens AG's Siemens Healthcare MAGNETOM Spectra 3T MRI System Receives
FDA Clearance Jul 24, 2012
Siemens AG's Siemens Healthcare announced that the MAGNETOM Spectra 3
Tesla MRI system has received clearance from the U.S. Food and Drug
Administration (FDA). The MAGNETOM Spectra system employs Tim (Total imaging
matrix) 4G technology - Siemens' latest coil generation that unlocks a new
level of imaging accuracy and flexibility.
Siemens AG To Offer EUR1.3 billion For Ansaldo –Reuters Jul 20, 2012
reported that Siemens AG is set to offer around EUR1.3 billion ($1.6
billion) for Ansaldo Energia to extend its reach in the gas turbines market.
Ansaldo Energia, a joint venture between Italian group Finmeccanica and U.S.
fund First Reserve, also makes steam turbines and generators for the power
market. Finmeccanica, which has said previously it was looking to sell assets
worth about EUR1 billion, would not comment earlier this month on reports it
was talking to groups including Siemens for its energy business and Hitachi for
its rail-signalling systems unit. Finmeccanica and Siemens declined comment.
DONG Energy A/S Enters into Framework Agreement on 300 Six-Megawatt
Offshore Wind Turbines with Siemens AG' Siemens Energy Jul 19, 2012
DONG Energy A/S announced that it has signed a framework agreement with Siemens AG's Siemens Energy on the supply and servicing of a total of 300 offshore wind turbines of six megawatt each, giving a total capacity of 1,800 megawatt. The turbines will be installed at selected DONG Energy offshore wind farms in the United Kingdom in the period between 2014 and 2017. The agreement concerns Siemens Energy's newly developed six megawatt offshore wind turbine with a 154-meter rotor based on gearless direct drive technology. Siemens Energy's new turbine belongs to the next generation of offshore wind turbines of more than five megawatt and will give a significantly higher production per position. Under the framework agreement, Siemens Energy will design, manufacture, supply, install and service the six megawatt offshore wind turbines. Furthermore, the partners have agreed on product and performance warranties reflecting the size of the agreement. The agreement commits DONG Energy to pay a cancellation fee in the event of the cancellation of projects comprised by the agreement.
Wi-LAN Inc. Acquires Patent Portfolio From Siemens AG Jul 17, 2012
Wi-LAN Inc. announced that it has acquired a global portfolio of more than 40 patents and applications from Siemens AG related to telecommunication network management and mobile multimedia. Although the terms of the agreement are confidential, WiLAN can confirm that it does not consider the purchase amount to be material relative to its current cash position.
Areva SA Announces that the International Court of Arbitration of the International Chamber of Commerce has ruled in favor of the Areva-Siemens Consortium in a dispute with TVO Jul 05, 2012
Areva SA announced that the International Court of Arbitration of the International Chamber of Commerce (ICC), called on in order to resolve the dispute between the Areva-Siemens consortium and its customer, the Finnish operator TVO, as part of the construction of the EPR reactor of the Olkiluoto 3 (OL3) nuclear power plant in Finland, has just handed down a partial judgment requiring TVO to release EUR 100 million owed to the Areva-Siemens Consortium, and withheld in contravention of contractual provisions. With accrued interest, TVO shall pay a total amount of EUR 125 million, in addition to the legal expenses incurred by the Consortium.
Siemens AG Could Bid For Finmeccanica SpA's Ansaldo Energia-DJ Jul 05, 2012
Dow Jones reported that Siemens AG could be preparing to make an offer for Ansaldo Energia, a unit of Finmeccanica SpA, in the coming days, according to Italian business daily Il Sole 24 Ore. Siemens, which has previously made an expression of interest for the energy services unit, would be working with Credit Suisse Group AG to formulate an offer worth nearly EUR1.3 billion ($1.63 billion). The one obstacle to overcome would be U.S. fund First Reserve Corp, which owns 45% of Ansaldo Energia as well as an option on the other 55% held by Finmeccanica.
BSNL Given Telecom Equipment Contracts To ZTE Corp, Alcatel Lucent SA; Nokia Oyj And Siemens AG's Nokia Siemens Networks, Others May Pull Out Of Bid-DJ Jul 03, 2012
Dow Jones reported that State-run Indian telecom operator Bharat Sanchar Nigam Ltd. (BSNL) has given network-equipment contracts to China's ZTE Corp and Alcatel Lucent SA. While ZTE was the lowest bidder, Alcatel-Lucent was among four vendors shortlisted by BSNL. Alcatel-Lucent and three others, Huawei Technologies Co., Ltd., Telefonaktiebolaget L M Ericsson and Nokia Oyj and Siemens AG's Nokia Siemens Networks would pull out of the contract as the bid put in by ZTE wasn't viable for them to match. BSNL has been looking to expand its mobile-phone network for the past two years.
Nokia Oyj And Siemens AG's JV Nokia Siemens Bags INR200 Crore (INR2 Billion) Network Contracts From Railways-The Economic Times Jun 29, 2012
The Economic Times reported that Nokia Siemens Networks has bagged nearly INR200 crore (INR2 billion) of contracts to supply network gear to the Railways. The Company, a joint venture (JV) between Nokia Oyj and Siemens AG of Germany, has inked five zonal contracts to sell network equipment that will enable mobile communication between trains and railway regulation control centres across 3500 km of the railway network. Nokia Siemens has landed these contracts at a time when the Railways is investing in robust signalling and roaming solutions to ensure safer travel amid surging traffic density.
Four Global Telecom Gear Makers Including Nokia Oyj And Siemens AG's
Nokia Siemens Networks Opt Out of BSNL Network Contract-DJ Jun 19, 2012
Dow Jones reported that four telecommunication gear makers short-listed
by Bharat Sanchar Nigam Ltd. (BSNL) for an equipment supply contract worth more
than $1 billion have pulled out saying the final bid price is very low and
isn't viable for them. The state-run Indian telecommunications company had
invited bids in July 2011 for equipment that will allow it to add 14.37 million
mobile-phone connections, as network constraints limit its ability to expand.
BSNL had estimated the contract value to be about INR60 billion ($1.07
billion). In February, BSNL selected China's ZTE Corp as the lowest bidder at
about $58.6 per user, or $842.08 million for the entire contract. It had also
short-listed Huawei Technologies, Alcatel Lucent SA, Sweden's Telefon AB L M
Ericsson , and Nokia Oyj and Siemens AG's Nokia Siemens Networks for some parts
of the contract. Some of these companies had bid for the physical
infrastructure part of the contract, and others for technology. BSNL had said
in February it was evaluating the best combination of prices before finalizing
the suppliers. In keeping with bidding rules, Huawei, Alcatel-Lucent, Ericsson,
Nokia Siemens will have to supply equipment at the price quoted by ZTE. But all
four have told BSNL that they won't be able to match ZTE's bid as their margins
on the contracts are at risk.
EU To Rule On Siemens AG, Areva SA Probe Next Week Jun 16, 2012 reported
that EU regulators will decide next week whether to accept concessions offered
by Germany's Siemens AG and France's Areva SA to end an investigation into
their former nuclear power joint venture. If the regulator agrees to accept the
concessions, it would then drop the investigation without a fine for Siemens or
Areva. Companies can be fined up to 10% of their turnover for breaching EU
antitrust rules. The EU regulator's investigation has centred on a non-compete
clause signed by the companies as part of joint venture Areva NP - formed in
2001 - which still applied after Siemens quit the venture in 2009.
Nokia Oyj and Siemens AG's Joint Venture Receives New Order in Saudi
Arabia Jun 07, 2012
Nokia Oyj announced that Nokia Oyj and Siemens AG's joint venture Nokia
Siemens has been chosen by the Saudi Arabian operator Zain KSA to supply
infrastructure and services to the company's 4G network in Saudi Arabian city,
Jeddah. As part of the contract, Nokia Siemens will manage the company's 4G
network in the city, beyond the existing GSM and 3G networks.
DragonWave Inc Completes Acquisition of Nokia Oyj and Siemens AG's Joint
Venture's Microwave Transport Business; Nokia Siemens Networks and DragonWave
to Jointly Coordinate Technology Development-DJ Jun 01, 2012
Dow Jones reported that DragonWave Inc has completed the acquisition of
Nokia Oyj and Siemens AG's joint venture Nokia Siemens Networks' microwave
transport business including its associated operational support system (OSS)
and related support functions. The acquisition was effected pursuant to the
Amended and Restated Master Acquisition Agreement between DragonWave Inc., its
wholly-owned subsidiary DragonWave S.a r.l. and Nokia Siemens Networks dated
May 3, 2012 (the Master Acquisition Agreement). Nokia Siemens Networks retains
responsibility for its existing solution sales and associated services for
microwave transport, while DragonWave is responsible for the microwave
transport product line, including Research and Development (R&D), product
management and operations functions. Nokia Siemens Networks will continue to
provide R&D and other support to the business through a services
arrangement. As part of the acquisition, DragonWave is now the preferred
strategic supplier of packet microwave and related products to Nokia Siemens
Networks and the two companies will jointly coordinate technology development
activities. DragonWave plans to rebrand the products acquired from Nokia
Siemens Networks as Harmony products. Under the terms of the Master Acquisition
Agreement, DragonWave will continue the support and development of these
products, which will also be sold via Nokia Siemens Networks under the
FlexiPacket brand.
Siemens AG Receives $73 Million Light Rail Vehicle Order From Portland's TriMet May 24, 2012
Siemens AG announced that it has been awarded a $73 million contract to build 18 of its S70 light rail vehicles for TriMet in Portland, Ore. The vehicles will be manufactured from start to finish at Siemens' rail vehicle manufacturing plant in Sacramento, Calif. The first new rail cars are expected to be delivered in August 2014. These 18 vehicles were ordered as a part of the Portland-Milwaukie Light Rail Transit Project.
Siemens AG To Invest $1 Billion In Brazil Over Next Five Years-Business Line May 24, 2012
Business Line reported that Siemens AG intends to invest up to $1 billion to strengthen and expand its business in Brazil over the next five years. The investment would be across its portfolio comprising energy, industry, infrastructure and cities and healthcare. Special focus will be on localising production and services, besides research and development.
Biosense Webster Inc Collaborates With General Electric Co's GE Healthcare And Siemens AG's Siemens Healthcare To Bring Solutions To Electrophysiologists May 09, 2012
Biosense Webster Inc announced the execution of strategic collaboration agreements with two global imaging companies, General Electric Co's GE Healthcare and Siemens AG's Siemens Healthcare. Biosense Webster, Inc. has developed an image integration solution for electrophysiology (EP) labs around the world. This solution integrates real-time x-ray images, from Siemens Healthcare and GE Healthcare X-Ray systems, into the Company's CARTO3, 3D Electroanatomical Mapping & Ablation System. Under the terms of the two agreements, Biosense Webster, Inc. plans to offer an integrated solution, compatible with both manufacturers' fluoroscopy systems, in 2012.
Siemens AG Wins Multimillion-Dollar Navy Research Vessel Order May 08, 2012
Siemens AG announced it has been awarded a contract to equip two U.S. Navy Auxiliary General Oceanographic Research (AGOR) vessels with its diesel electric propulsion solution at Dakota Creek Industries Inc. (DCI), located in Anacortes, Wash. Seattle-based Naval Architecture and Marine Engineering firm Guido Perla & Associates, Inc. (GPA) will design the ships. The total order value is more than $10 million.
ADTRAN, Inc. Completes Acquisition Of Nokia Oyj And Siemens AG's Nokia Siemens Networks Fixed Line Broadband Access Business May 07, 2012
ADTRAN, Inc. announced the completion of its acquisition of the Nokia Siemens Networks Fixed Line Broadband Access Business. Terms of the transaction were not disclosed.
Nokia Oyj and Siemens AG's Joint Venture Receives Order in Croatia Apr 26, 2012
Nokia Oyj and Siemens AG announced that their joint venture, Nokia Siemens Networks has received a commercial 4G order from Hrvatski Telekom in Croatia. 4G networks will be rolled out in Zagreb, Rijeka, Osijek and Split in Croatia. The order includes services and radio access part of the network. In addition, Nokia Siemens Network will modernize Hrvatski Telekom's existing GSM and 3G networks. Financial details of the contract were not disclosed.
Siemens AG's Siemens Industry, Inc. Acquires FCE, LLC Apr 25, 2012
Siemens AG's Siemens Industry, Inc. announced it has signed and closed a purchase agreement to acquire 100% of the shares of FCE, LLC, a furnace company serving the metals industry, headquartered in Huntingdon Valley, Pa. Financial details of the transaction will not be disclosed. FCE will operate within the Metals Technologies (MT) business unit of the Siemens Industry Sector, and will become the global center of competence for furnaces. The company will continue to operate from its Pennsylvania location and its approximately 20 employees will be integrated into the Siemens business structure.
Nokia Oyj and Siemens AG's Joint Venture to Enhance Mobile Broadband
across Three Baltic Countries Apr 25, 2012
Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG, announced that Tele2 has selected the company as the sole supplier of the operator's 4G, LTE (long term evolution) radio and core network. In addition, Nokia Siemens will modernize and expand Tele2's GSM and 3G networks in Estonia, Latvia and Lithuania. Financial details were not disclosed.
Nokia Oyj And Siemens AG's Nokia Siemens Networks Signs Cooperation Agreement With China Mobile Limited's Guangdong MCC-DJ Apr 19, 2012
Dow Jones reported that Network equipment joint venture (JV) of Nokia Oyj And Siemens AG, Nokia Siemens Networks has signed a cooperation agreement with Guangdong MCC, a subsidiary of China Mobile Limited, for customer experience management (CEM) software and services. The cooperation, lasting over six months, will provide Guangdong MCC with a unified view of its customer data, along with continuous reporting of usage trends. -As part of the agreement, Nokia Siemens Networks is providing its Serve atOnce Intelligence (SAI) customer and business analysis suite. SAI aggregates and analyzes data from network elements, providing customer insights to help tailor an operator's customer acquisition strategy and marketing campaigns. As part of the trial, Nokia Siemens Networks CEM agreement includes network implementation, consulting and system integration services.
Nokia Oyj and Siemens AG's Joint Venture Wins LTE Deal from Japan's Softbank Apr 16, 2012
announced that Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG, won an order from Softbank Corp in Japan to help build a new LTE network and to expand its existing 3G network. Nokia Siemens did not disclose the financial details of the deal.
Siemens AG Installs Drive System Order Worth More Than $10 Million At Steckel Mill In Iowa Apr 12, 2012
Siemens AG announced that it has installed a new drive system at the SSAB Americas' plate and steckel mill in Montpelier, Iowa. The order is valued at more than $10 million and includes two Siemens Sinamics SM150 drive systems and synchronous motors to replace the existing equipment at the mill.
Nokia Oyj and Siemens AG's Joint Venture Receives Order from Thailand-DJ Apr 10, 2012
Dow Jones reported that Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG, has received an order to upgrade the third-generation network of TOT, Thailand's state-owned telecom operator, to a faster HSPA+ network. The financial details were not disclosed. The upgrade will increase mobile broadband download speeds to 42 megabits per second (Mbps) from 7.2 Mbps. TOT's 7.2 million customers will be able to use the updated service by April. Nokia Siemens Networks will also provide TOT with network planning, implementation and optimization services, as well as operational support and training.
Nokia Oyj and Siemens AG's Joint Venture Receives Order from Starhub Apr 10, 2012
Nokia Oyj and Siemens AG announced that their joint venture, Nokia Siemens Networks, has received an order for 4G (LTE) and modernization from Starhub in Singapore. The first part of the LTE network is to be operational at the end of 2012. The financial details were not disclosed.
Siemens AG To Supply Gas Turbines To Posco's Ansan Plant-DJ Mar 28, 2012
Dow Jones reported that Siemens AG will deliver two H-class gas turbines, a steam turbine, and related technology to the Ansan combined cycle power plant in South Korea. The order is worth more than EUR300 million. Siemens will construct the plant's core element and, in addition to the gas turbines, supply several generators and the entire instrumentation and control technology to South Korean company Posco Engineering & Construction Co. Ltd. A long-term service agreement has also been signed for the main components.
Taiwan Semiconductor Manufacturing Co., Ltd. Acquires Equipment Mar 27,
2012
Taiwan Semiconductor Manufacturing Co., Ltd. announced that it has
acquired a set of equipment from LASERTEC CORPORATION for NTD 518,325,700, a
set of equipment from Hermes Microvision, Inc. for NTD 555,934,600, equipment
and facilities from SIEMENS AG for NTD 312,542,703 and another set of equipment
and facilities from Trane Taiwan, for NTD 424,614,151.
Nokia Oyj and Siemens AG's Joint Venture Cuts 1,600 Jobs in Munich,
Germany Mar 23, 2012
reported that Nokia Oyj and Siemens AG's joint venture Nokia Siemens has reached a deal with German unions to cut 1,600 jobs in Munich. The deal is part of the Company's ongoing restructuring program, which includes 17,000 job losses globally.
Nokia Oyj and Siemens AG's Joint Venture, Nokia Siemens, to Cut Over 620 Jobs in Finland Mar 22, 2012 reported that Nokia Siemens, a joint venture between Nokia Oyj and Siemens AG, plans to cut 624 jobs in Finland, half of its previous estimate, although it kept its target of eliminating 17,000 jobs worldwide to make the network equipment business more profitable. Nokia Siemens faces pricing competition and aims to focus on boosting its profitability rather than its market share.
Nokia Oyj and Siemens AG's Joint Venture Receives Order from Saudi Arabia Mar 20, 2012
Nokia Oyj and Siemens AG announced that their joint venture, Nokia Siemens Networks, has received an order from STC, a telecom company from Saudi Arabia. The order concerns the upgrade in STC's GSM and 3G network, as well as the increase of the commercial 4G network. The financial details were not disclosed.
IBS AG Recommends Acceptance of Takeover Bid from Siemens AG's Siemens Industry Automation Holding AG Mar 07, 2012
IBS AG announced that its Board of Management and Supervisory Board have issued their joint opinion on the voluntary public takeover bid (cash offer) submitted by Munich-based Siemens Industry Automation Holding AG. Following its decision to this effect, announced on February 7, 2012, Siemens Industry Automation Holding AG, a 100% subsidiary of Siemens Beteiligungen Inland GmbH and thus an indirect 100% subsidiary of Siemens Aktiengesellschaft (Siemens AG), announced its offer document pertaining to the voluntary public takeover to all IBS AG shareholders on February 29, 2012. In accordance with the joint opinion, the Board of Management and Supervisory Board recommend acceptance of the takeover bid. As stated in detail in the joint opinion and taking into account the Fairness Opinion of the Landesbank Baden Wuerttemberg of March 5, 2012, the Board of Management and Supervisory Board deem the purchase price of EUR 6.10 per IBS Share, offered by Siemens Industry Automation Holding AG, to be adequate.
CN Tetragen Acquires Nokia Oyj and Siemens AG's Nokia Siemens Networks Expedience Business Mar 07, 2012
Nokia Oyj and Siemens AG's joint venture Nokia Siemens Networks
announced that CN Tetragen has bought its Expedience business, including the
entire portfolio, assets, active customers and supplier contracts. The
financial terms of the transaction were not disclosed.
Nokia Oyj And Siemens AG's Nokia Siemens Wins Five Year Vimpelcom Deal Mar
06, 2012 reported that Nokia Oyj and Siemens AG's JV Nokia Siemens Networks has
won a five-year network maintenance and support contract from mobile telecoms
company Vimpelcom for its network in central Russia. The value of the deal was
not disclosed.
Nokia Oyj And Siemens AG's JV Nokia Siemens Cuts 3,500 Jobs In LatAm
Deal Exit Feb 29, 2012 reported that Nokia Oyj and Siemens AG's joint venture
(JV) Nokia Siemens Networks has cut 3,500 jobs by exiting a large services deal
in Latin America, part of the telecom equipment vendor's strategy of quitting
non-core operations.
Siemens AG, Prysmian SpA Win Contract For UK Power Link Feb 16, 2012 reported
that Siemens AG and Prysmian SpA have won a contract worth more than EUR1.1
billion ($1.4 billion) to build an underwater cable line connecting the power
grids of Scotland and England. The contract was awarded by a joint venture (JV)
set up by UK grid operator National Grid Electricity Transmission and its
Scottish counterpart Scottish Power Transmission. The cable link, with a route
length of more than 400 kilometers, will be installed in the Irish sea and
allow power transmission from renewable sources in Scotland to consumption
centers in England.
Nokia Oyj and Siemens AG's JV Nokia Siemens Networks to Deploy and
Upgrade T-Mobile Poland and Orange Poland's GSM and HSPA Networks-DJ Feb 14,
2012
Dow Jones reported that Nokia Oyj and Siemens AG's joint venture (JV)
Nokia Siemens Networks has been chosen by T-Mobile Poland and Orange Poland as
one of the vendors to deploy and upgrade their GSM and HSPA networks, enable
radio network sharing and prepare them for Long Term Evolution (LTE). Nokia
Siemens Networks will provide its Single RAN (radio access network) platform
and related services to improve the network performance, reduce costs and make
the shared network LTE-ready. Financial details were not disclosed.
Atos SA And Siemens AG Announce Joint Solution For Energy Feb 10, 2012
Atos SA and Siemens AG announced that they have made a joint solution
for energy to optimize joint production and management of energy, and to reduce
costs and risks. The partners will jointly invest in the development of an
integrated solution designed to optimize production and management of energy
and to reduce costs and risks.
Siemens AG Announces USD 3 Billion Bond Feb 09, 2012
Siemens AG announced that on February 9, 2012, it will issue bond with warrant units with an intended volume of USD 3 billion. The bond with warrant units with a minimum per-unit denomination of USD 250,000 will be offered exclusively to institutional investors outside the United States. The bonds issued by Siemens Financieringsmaatschappij N.V. are guaranteed by Siemens AG and complemented with warrants issued by Siemens AG. The warrants will entitle their holders to receive Siemens shares against payment of the exercise price in Euros. The bond with warrant units will be issued in two tranches with maturities of 5.5 and 7.5 years, respectively. The maturities refer to both the bonds and the related warrants. After issuance, the warrants can be detached from the bonds, the option period commences on March 28, 2012. The bond with warrant units, the bonds detached from warrants and the warrants detached will be listed by Deutsche Bank AG in the Open Market segment of the Frankfurt Stock Exchange. The interest coupon is expected to be between 0.55% and 1.05% per annum for the shorter-term bonds and between 1.15% and 1.65% per annum for the longer-term bonds. The exercise price per share is expected to be in the range at between 137.50% and 142.50% of the reference share price on the launch date. The delivery of bond with warrant units against payment of the purchase price is scheduled for February 16, 2012.
Siemens AG's Indirect Subsidiary Mails Offer And Take-Over Bid Circular To RuggedCom Inc Shareholders Feb 08, 2012
RuggedCom Inc announced that Siemens AG's Siemens Canada Limited (Siemens), through its wholly-owned subsidiary, has commenced its offer to acquire all of the outstanding common shares of RuggedCom for $33.00 per share in cash and mailed the Siemens Offer and take-over bid circular to RuggedCom shareholders. The Siemens Offer will be open for acceptance until March 15, 2012, unless extended, and is conditional upon, among other things, customary regulatory approvals and there having been validly deposited (and not withdrawn) at least 662/3% of the outstanding common shares (on a fully-diluted basis).
Siemens AG's Indirect Subsidiary Siemens Industry Automation Holding AG to Acquire Shares of IBS AG Feb 07, 2012
Siemens Industry Automation Holding AG (Siemens Industry), an indirect subsidiary of Siemens AG, announced that on February 7, 2012, it has entered into a purchase agreement with Dr. Klaus-Juergen Schroeder, Alpha First GmbH and further shareholders of IBS AG on the acquisition of a total of 3,535,732 registered no-par value shares, i.e. approximately 51.37% of the share capital in IBS AG, for EUR 5.60 per share. Furthermore, on February 7, 2012, Siemens Industry entered into a purchase agreement with IBS AG on the acquisition of a total of 255,356 own shares held by IBS AG (approximately 3.71% of the share capital of IBS AG) for EUR 6.10 per share. Five further shareholders of IBS AG committed themselves to accept the takeover offer for the total of 86,000 shares in IBS AG held by them for their own account (approximately 1.25% of the share capital of IBS AG). Siemens Industry is a 100% subsidiary of Siemens Beteiligungen Inland GmbH and therefore an indirect 100% subsidiary of Siemens AG and part of the Siemens group of companies. Including 541,577 shares in IBS AG held by Siemens AG, Siemens Industry has secured a total of 4,418,665 shares in IBS AG (approximately 64.20% of the share capital of IBS AG) by entering into the above agreements.
Siemens AG Receives Another Major Order For Combined Cycle Power Plant In Saudi Arabia Feb 06, 2012
Siemens AG announced that it will supply key components for the IPP Qurayyah combined cycle power plant (CCPP) in the Kingdom of Saudi Arabia. With an installed capacity of 4 gigawatts (GW) it will be one of the CCPPs, and will supply enough electrical energy to meet approximately one tenth of the country's current power demand for its 28 million inhabitants. Commissioning of the total of six blocks is scheduled for 2014. The project consortium is led by the Saudi company ACWA Power with Samsung C&T and MENA fund as further members. Siemens received the order from Samsung C&T which also acts as EPC contractor. In addition a long-term service and maintenance agreement for the power plant was signed with Hajr Project Company (owned by SEC, ACWA, Samsung C&T). The order value for Siemens is over USD1 billion. The plant, which will be commissioned in 2014, will be operated by Hajr as an Independent Power Producer (IPP). Siemens Energy will also provide the long-term maintenance for the major equipment in the IPP Qurayyah power plant. With its portfolio of customizable and proven energy service solutions, Siemens' full-scope maintenance and service contract will help to ensure the long-term reliability and optimum performance of the plant, as well as provide predictable maintenance costs.
Nokia Oyj And Siemens AG's Nokia Siemens Networks To Cut 2,900 Jobs In Germany As Part Of Restructure-DJ Jan 31, 2012
Dow Jones reported that Nokia Oyj and Siemens AG's Nokia Siemens Networks will cut about 2,900 jobs in Germany as part of the massive restructuring plan announced in November. The part of the staff reduction is planned to take place by the end of this year. The number doesn't include headcount reductions resulting from potential asset sales.
RuggedCom Inc Agrees To CAD33.00 Per Share Cash Offer From Siemens AG's Siemens Canada Limited Jan 30, 2012
RuggedCom Inc announced that it has entered into an agreement with
Siemens Canada Limited (Siemens) pursuant to which Siemens has agreed, subject
to the terms of the Support Agreement, to make an offer to purchase all
outstanding common shares of RuggedCom by way of take-over bid at a price of
CAD33.00 per share in cash. Each member of the Board of Directors as well as
RuggedCom's Chief Executive Officer and Chief Financial Officer, who together
hold an aggregate of 1,691,192 RuggedCom shares or approximately 13.6% of the
issued and outstanding shares of RuggedCom have entered into Lock-Up Agreements
in conjunction with the Support Agreement. The equity value of the proposed
transaction, based on RuggedCom's 13,321,740 issued and outstanding common
shares on a fully-diluted basis, is approximately CAD440 million. The Siemens
Offer represents a premium of 142% to the closing price of RuggedCom shares on
the Toronto Stock Exchange on December 16, 2011, the last trading day prior to
Belden Inc. (Belden) announcing its intention to make an unsolicited take-over
bid for RuggedCom. The Siemens Offer also represents a 50% premium relative to
Belden's unsolicited take-over bid at an offer price of CAD22.00 per share.
Nokia Oyj and Siemens AG's Joint Venture Signs EUR 1.3 Billion Credit
Facility Jan 26, 2012
reported that Nokia Siemens Networks (NSN), a joint venture between
Nokia Oyj and Siemens AG, has signed a EUR 1.3 billion (USD 1.69 billion)
credit facility. Nokia Siemens Networks raised the money from a group of 14
European and United States banks as it looks to restructure the business and
pay costs of a redundancy program. NSN was originally seeking to raise EUR 1.5
billion, but had to settle for a smaller amount due to market turmoil.
Siemens AG Announces Dividend Declaration Jan 26, 2012
Siemens AG announced that on January 24, 2012 resolved that the
unappropriated net income of ? 2,742,610,263.00 for fiscal year 2011 be used to
pay a dividend of ?3.00 on each no-par value share entitled to receive a
dividend and that the amount attributable to the shares of stock of Siemens AG
held in treasury by the Company at the date of the Annual Shareholders` Meeting
be carried forward. The dividend is payable on January 25, 2012, after
deduction of 25% withholding tax and a 5.5% solidarity surcharge on the
withholding tax (totalling 26.375%).
Metro Toronto Convention Centre Selects Siemens AG's Enterasys Jan 24,
2012
Enterasys Networks, a Siemens Enterprise Communications Company,
announced that the Metro Toronto Convention Centre (MTCC), Canada's tradeshow
and convention facility, has deployed an Enterasys OneFabric Edge solution to
support the compwireless demands of MTCC's exhibitors and attendees. In a
competitive bid, MTCC chose Enterasys Wireless to provide advanced management
capabilities and differentiated service across its 600,000 square-foot
facility.
Nokia Oyj And Siemens AG's JV Nokia Siemens Networks Secures EUR1.2
Billion Loan Jan 23, 2012
reported that Siemens AG and Nokia Oyj's joint venture Nokia Siemens Networks (NSN) has raised more than EUR1.2 billion from a group of 14 European and U.S. banks as it looks to restructure the business and pay costs of a big redundancy programme. NSN was originally seeking to raise EUR1.5 billion, but had to settle for a smaller amount due to market turmoil. The banks involved in the deal include JPMorgan, Citibank, Bank of America, Royal Bank of Scotland and Standard Chartered. NSN needed to replace a EUR2-billion debt facility set to expire this summer and which was used to support corporate activities.
Siemens AG Introduces New Electric Arc Furnace For Direct Reduced Iron Melting Jan 19, 2012
Siemens AG announced that it has developed a new electric
arc furnace (EAF) specifically developed for direct reduced iron (DRI) melting.
Bharti
Airtel Extends Network Managed Services Deal with Nokia Oyj and Siemens AG's
Joint Venture, Nokia Siemens-DJ Jan 19, 2012
Dow Jones reported that Bharti Airtel Ltd. has extended its contract for mobile-phone network management services with Nokia Siemens Networks, a joint venture between Nokia Oyj and Siemens AG for five years. According to the deal, Nokia Siemens will manage and maintain basic and third-generation mobile phone networks for Bharti in eight of India's 22 telecom service areas. Financial details were not disclosed.
Siemens AG's Siemens Industry, Inc. Selected By Dow Corning As Strategic Process Automation Partner Jan 18, 2012
Siemens AG's Siemens Industry, Inc. announced that it has been selected as the strategic process automation partner for Dow Corning, following a review and evaluation process using Manufacturing Automation Platform Selection (MAPS) Six Sigma (Define, Measure, Explore, Develop, Implement) processes. The Global Supply Contract will feature Siemens Simatic PCS 7 as the strategic platform for Dow Corning's batch, continuous and discrete process automation solutions. Siemens process control system manages the automation of all ancillary, upstream and downstream processes, while providing the mechanism to improve process efficiency resulting in improved production and reductions in the total cost of ownership.
Nokia Oyj and Siemens AG's Joint Venture Gets MagaFon Network Upgrade Pact in Moscow-DJ Jan 11, 2012
Dow Jones reported that Nokia Oyj and Siemens AG's joint venture Nokia Siemens Networks has been selected by Russian operator MegaFon. The operator has selected Nokia Siemens Networks' Single RAN (radio access network) platform to modernize its GSM network in the Moscow region. The platform is to improve network performance, energy efficiency, and to reduce capital and operating costs for MegaFon. In addition, the multi-technology platform paves the way for a smooth transition to LTE providing 4G services.
Siemens AG's Siemens Healthcare Diagnostics Awarded Contract By Ottawa's Eastern Regional Laboratory Association For Coagulation Laboratory Solutions Jan 05, 2012
Siemens AG's Siemens Healthcare Diagnostics will supply its Sysmex CS analyzer coagulation testing solutions to the Eastern Ontario Regional Laboratory Association (EORLA), a group of 16 hospitals at 19 sites in the Ottawa region. Comprised of small laboratories performing routine haemostasis testing for high-volume and specialty testing laboratories, EORLA has selected Siemens to help enhance its performance and output. The deal, which includes Siemens and Sysmex CS-2100i analyzers, was made official earlier this year, with instrumentation being purchased over the next 24 months based on available funding at each of the sites. The Ottawa Hospital and Pembroke Regional Hospital are currently in the process of implementing the new analyzers.
Acacia Research Corporation Subsidiary Enters Into License Agreement With Nokia Oyj And Siemens AG's Nokia
Siemens Networks Oy Jan 04, 2012
Acacia Research Corporation announced that its Lambda Optical Solutions LLC subsidiary has entered into a license agreement with Nokia Siemens Networks Oy. This agreement resolves patent litigation that was pending in the United States District Court for the District of Delaware. Siemens AG Recalls Clinical Pregnancy Tests Dec 30, 2011 reported that Siemens AG has recalled 15 batches of clinical pregnancy tests because some of them incorrectly showed a positive result. The recall affects several hundred hospitals around the world, which were told as early as mid-December to destroy pregnancy tests from the batches. Until the cause of the malfunction has been found, Siemens will not be supplying any such tests.
Nokia Oyj and Siemens AG's Joint Venture Receives Order from Vodafone
Group-DJ Dec 28, 2011
Dow Jones reported that Nokia Siemens Networks, a joint venture between
Nokia Oyj and Siemens AG, received an order to upgrade Vodafone Group Plc's
subscriber data management in Egypt. The financial details were not disclosed.
Under the terms of the contract, Nokia Siemens will provide consulting and care
services that include hardware and software maintenance and competence
development.
Annual
Profit & Loss
|
|
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.717768 |
0.740255 |
0.73971 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Total income |
102,421.7 |
102,637.7 |
103,623.0 |
|
Net sales |
102,421.7 |
102,637.7 |
103,623.0 |
|
Other operating income |
773.2 |
1,156.4 |
1,493.8 |
|
Cost of sales |
71,594.2 |
73,395.0 |
75,625.6 |
|
Gross profit |
30,827.5 |
29,242.6 |
27,997.5 |
|
General expenses |
14,345.9 |
15,035.4 |
14,730.1 |
|
Other operating costs |
7,129.0 |
7,431.2 |
6,126.7 |
|
Net operating income |
10,125.8 |
7,932.4 |
8,634.5 |
|
Other income |
3,074.8 |
2,919.3 |
1,126.1 |
|
Interest payable on loans |
2,390.7 |
2,553.2 |
923.3 |
|
Other expenses |
100.3 |
54.0 |
2,222.5 |
|
Total expenses |
-1,788.9 |
141.8 |
3,320.2 |
|
Profit before tax |
11,914.7 |
7,790.6 |
5,314.2 |
|
Provisions |
23,300.0 |
23,655.4 |
18,488.3 |
|
Total taxation |
3,108.2 |
2,295.2 |
1,938.6 |
|
Net profit |
8,806.5 |
5,495.4 |
3,375.6 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745323 |
0.732493 |
0.684135 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Issued capital |
3,680.3 |
3,744.7 |
4,009.4 |
|
Capital reserves |
8,065.0 |
8,172.1 |
8,691.3 |
|
Total reserves |
34,724.5 |
31,396.9 |
33,101.7 |
|
Total stockholders equity |
43,143.7 |
39,721.9 |
39,885.4 |
|
Minority interests |
839.9 |
1,023.9 |
936.9 |
|
Other provisions |
11,836.5 |
11,563.2 |
10,176.4 |
|
Provision for pensions |
9,803.8 |
11,555.1 |
8,679.6 |
|
Provisions and allowances |
22,438.6 |
23,906.0 |
19,990.2 |
|
Other debentures |
2,012.6 |
2,917.4 |
3,345.8 |
|
Mortgages and loans |
16,973.8 |
20,802.9 |
24,121.0 |
|
Taxes and social security |
3,465.6 |
4,256.7 |
3,163.1 |
|
Total long-term liabilities |
22,452.0 |
27,977.0 |
30,629.9 |
|
Trade creditors |
10,300.2 |
10,757.8 |
11,098.7 |
|
Advances received |
16,755.1 |
16,628.1 |
16,124.0 |
|
Bank loans and overdrafts |
3,347.5 |
2,815.0 |
- |
|
Other loans |
1,541.6 |
416.4 |
954.5 |
|
Taxation and social security |
18,233.7 |
16,499.8 |
18,791.6 |
|
Due to group companies |
- |
- |
127.2 |
|
Total current liabilities |
50,178.2 |
47,117.1 |
47,096.0 |
|
Regularisation account |
1,650.3 |
1,657.4 |
1,151.8 |
|
Total liabilities (including net worth) |
139,862.8 |
140,379.4 |
138,753.3 |
|
Patents |
5,962.5 |
6,783.7 |
7,346.5 |
|
Goodwill |
21,072.7 |
21,519.6 |
23,125.6 |
|
Intangibles |
27,035.3 |
28,303.3 |
30,472.1 |
|
Land and buildings |
5,715.6 |
6,168.0 |
6,652.2 |
|
Machinery and tools |
3,174.5 |
4,035.5 |
4,040.1 |
|
Fixtures and equipment |
5,715.6 |
6,168.0 |
6,652.2 |
|
Fixed assets under construction |
1,257.2 |
1,518.1 |
1,404.7 |
|
Total tangible fixed assets |
11,793.5 |
13,773.5 |
14,323.2 |
|
Total financial assets |
6,662.9 |
6,449.2 |
6,839.3 |
|
Other long-term assets |
2,263.4 |
2,264.9 |
2,227.6 |
|
Total non-current assets |
47,755.1 |
50,790.9 |
53,862.2 |
|
Raw materials |
3,555.5 |
- |
- |
|
Work in progress |
15,510.1 |
- |
- |
|
Finished goods |
136.9 |
- |
- |
|
Net stocks and work in progress |
19,202.4 |
19,512.8 |
19,826.5 |
|
Trade debtors |
17,560.2 |
18,726.4 |
19,142.4 |
|
Other receivables |
33,979.9 |
26,306.0 |
24,438.2 |
|
Total receivables |
51,540.1 |
45,032.5 |
44,941.4 |
|
Owing from associated companies |
- |
- |
1,360.8 |
|
Cash and liquid assets |
16,728.3 |
19,260.2 |
14,849.4 |
|
Shares in associated companies |
6,662.9 |
6,449.2 |
6,839.3 |
|
Recoverable taxation |
4,301.5 |
5,378.9 |
4,810.5 |
|
Total current assets |
87,470.8 |
83,805.5 |
79,617.3 |
|
Prepaid expenses and deferred costs |
335.4 |
404.1 |
463.4 |
|
Total assets |
139,862.8 |
140,379.4 |
138,753.3 |
Annual Ratios
Financials in: USD (mil)
|
|
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
|
Period Length |
12 Months |
12 Months |
12 Months |
|
Filed Currency |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.745323 |
0.732493 |
0.684135 |
|
Consolidated |
Yes |
Yes |
Yes |
|
|
|
|
|
|
Current ratio |
17.43 |
17.79 |
16.91 |
|
Acid test ratio |
13.61 |
13.65 |
12.70 |
|
Total liabilities to net worth |
0.17% |
0.19% |
0.19% |
|
Net worth to total assets |
0.03% |
0.03% |
0.03% |
|
Current liabilities to net worth |
0.12% |
0.12% |
0.12% |
|
Current liabilities to stock |
0.26% |
0.24% |
0.24% |
|
Fixed assets to net worth |
0.11% |
0.13% |
0.14% |
|
Collection period |
650.00 |
661.00 |
624.00 |
|
Stock turnover rate |
1.95 |
1.88 |
1.77 |
|
Profit margin |
0.01% |
0.01% |
0.00% |
|
Return on assets |
0.01% |
0.01% |
0.00% |
|
Shareholders' return |
0.02% |
0.01% |
0.01% |
|
Sales per employee |
20.97 |
18.87 |
18.53 |
|
Profit per employee |
1.80 |
1.01 |
0.60 |
|
Net worth |
43,143.7 |
39,721.9 |
39,885.4 |
|
Number of employees |
350,500 |
402,700 |
413,650 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.770534 |
0.717768 |
0.740255 |
0.73971 |
0.666382 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
101,612.6 |
102,087.3 |
93,181.4 |
103,623.0 |
116,040.1 |
|
Revenue |
101,612.6 |
102,087.3 |
93,181.4 |
103,623.0 |
116,040.1 |
|
Total Revenue |
101,612.6 |
102,087.3 |
93,181.4 |
103,623.0 |
116,040.1 |
|
|
|
|
|
|
|
|
Cost of Revenue |
72,796.3 |
71,117.7 |
66,162.4 |
75,625.6 |
84,462.1 |
|
Cost of Revenue, Total |
72,796.3 |
71,117.7 |
66,162.4 |
75,625.6 |
84,462.1 |
|
Gross Profit |
28,816.4 |
30,969.6 |
27,019.1 |
27,997.5 |
31,578.0 |
|
|
|
|
|
|
|
|
Selling/General/Administrative Expense |
14,486.1 |
14,265.1 |
13,057.7 |
14,730.1 |
20,387.7 |
|
Total Selling/General/Administrative Expenses |
14,486.1 |
14,265.1 |
13,057.7 |
14,730.1 |
20,387.7 |
|
Research & Development |
5,500.1 |
5,432.1 |
4,806.5 |
5,272.3 |
5,678.4 |
|
Impairment-Assets Held for Use |
- |
- |
1,546.8 |
43.3 |
117.0 |
|
Loss (Gain) on Sale of Assets - Operating |
- |
- |
-352.6 |
-830.1 |
-900.4 |
|
Unusual Expense (Income) |
- |
- |
1,194.2 |
-786.8 |
-783.3 |
|
Other Operating Expense |
358.2 |
521.1 |
339.1 |
607.0 |
2,984.8 |
|
Other, Net |
-669.7 |
-762.1 |
-567.4 |
-405.6 |
-429.2 |
|
Other Operating Expenses, Total |
-311.5 |
-241.0 |
-228.3 |
201.4 |
2,555.6 |
|
Total Operating Expense |
92,470.9 |
90,573.8 |
84,992.4 |
95,042.6 |
112,300.5 |
|
|
|
|
|
|
|
|
Operating Income |
9,141.7 |
11,513.5 |
8,189.1 |
8,580.4 |
3,739.6 |
|
|
|
|
|
|
|
|
Interest Expense -
Non-Operating |
-2,242.6 |
-2,390.7 |
-2,376.2 |
-2,991.7 |
-1,251.5 |
|
Interest Expense, Net Non-Operating |
-2,242.6 |
-2,390.7 |
-2,376.2 |
-2,991.7 |
-1,251.5 |
|
Interest Income -
Non-Operating |
2,899.3 |
3,065.1 |
2,762.6 |
2,887.6 |
1,341.6 |
|
Investment Income -
Non-Operating |
-345.2 |
292.6 |
12.2 |
-2,630.8 |
390.2 |
|
Interest/Investment Income - Non-Operating |
2,554.1 |
3,357.6 |
2,774.7 |
256.9 |
1,731.7 |
|
Interest Income (Expense) - Net Non-Operating Total |
311.5 |
966.9 |
398.5 |
-2,734.9 |
480.2 |
|
Other Non-Operating Income (Expense) |
-6.5 |
904.2 |
-517.4 |
-585.4 |
93.0 |
|
Other, Net |
-6.5 |
904.2 |
-517.4 |
-585.4 |
93.0 |
|
Income Before Tax |
9,446.7 |
13,384.5 |
8,070.2 |
5,260.2 |
4,312.8 |
|
|
|
|
|
|
|
|
Total Income Tax |
2,717.6 |
3,109.6 |
2,312.7 |
1,938.6 |
1,523.2 |
|
Income After Tax |
6,729.1 |
10,274.9 |
5,757.5 |
3,321.6 |
2,789.7 |
|
|
|
|
|
|
|
|
Minority Interest |
-171.3 |
-245.2 |
-228.3 |
-277.1 |
-241.6 |
|
Net Income Before Extraord Items |
6,557.8 |
10,029.7 |
5,529.2 |
3,044.4 |
2,548.1 |
|
Discontinued Operations |
-772.2 |
-1,469.8 |
-262.1 |
54.1 |
6,043.1 |
|
Total Extraord Items |
-772.2 |
-1,469.8 |
-262.1 |
54.1 |
6,043.1 |
|
Net Income |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
|
|
|
|
|
|
|
Income Available to Common Excl Extraord Items |
6,557.8 |
10,029.7 |
5,529.2 |
3,044.4 |
2,548.1 |
|
|
|
|
|
|
|
|
Income Available to Common Incl Extraord Items |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
|
|
|
|
|
|
|
Basic/Primary Weighted Average Shares |
856.3 |
873.1 |
868.2 |
864.8 |
893.2 |
|
Basic EPS Excl Extraord Items |
7.66 |
11.49 |
6.37 |
3.52 |
2.85 |
|
Basic/Primary EPS Incl Extraord Items |
6.76 |
9.80 |
6.07 |
3.58 |
9.62 |
|
Diluted Net Income |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
Diluted Weighted Average Shares |
884.5 |
882.8 |
877.5 |
871.7 |
896.3 |
|
Diluted EPS Excl Extraord Items |
7.41 |
11.36 |
6.30 |
3.49 |
2.84 |
|
Diluted EPS Incl Extraord Items |
6.54 |
9.70 |
6.00 |
3.55 |
9.59 |
|
Dividends per Share - Common Stock Primary Issue |
3.89 |
4.18 |
3.65 |
2.16 |
2.40 |
|
Gross Dividends - Common Stock |
3,244.5 |
3,622.3 |
3,182.7 |
1,876.4 |
2,067.9 |
|
Interest Expense, Supplemental |
2,242.6 |
2,390.7 |
2,376.2 |
2,991.7 |
1,251.5 |
|
Depreciation, Supplemental |
2,234.8 |
2,280.7 |
2,261.4 |
2,714.6 |
3,179.9 |
|
Total Special Items |
1,374.4 |
210.4 |
1,444.1 |
-786.8 |
-783.3 |
|
Normalized Income Before Tax |
10,821.1 |
13,594.9 |
9,514.3 |
4,473.4 |
3,529.5 |
|
|
|
|
|
|
|
|
Effect of Special Items on Income Taxes |
395.4 |
48.9 |
413.8 |
-290.0 |
-276.6 |
|
Inc Tax Ex Impact of Sp Items |
3,113.0 |
3,158.5 |
2,726.6 |
1,648.6 |
1,246.5 |
|
Normalized Income After Tax |
7,708.1 |
10,436.4 |
6,787.7 |
2,824.7 |
2,283.0 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
7,536.8 |
10,191.2 |
6,559.4 |
2,547.6 |
2,041.4 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
8.80 |
11.67 |
7.55 |
2.95 |
2.29 |
|
Diluted Normalized EPS |
8.52 |
11.54 |
7.48 |
2.92 |
2.28 |
|
Amort of Intangibles, Supplemental |
1,087.6 |
1,067.2 |
1,030.7 |
1,127.5 |
1,344.6 |
|
Rental Expenses |
1,399.0 |
1,464.3 |
1,454.9 |
1,619.6 |
1,431.6 |
|
Research & Development Exp, Supplemental |
5,500.1 |
5,432.1 |
4,806.5 |
5,272.3 |
5,678.4 |
|
Normalized EBIT |
10,516.1 |
11,723.8 |
9,633.2 |
7,793.6 |
2,956.3 |
|
Normalized EBITDA |
13,838.5 |
15,071.7 |
12,925.3 |
11,635.6 |
7,480.7 |
|
Current Tax - Domestic |
185.6 |
408.2 |
14.9 |
363.7 |
186.1 |
|
Current Tax - Foreign |
1,981.7 |
1,745.7 |
1,976.3 |
1,634.4 |
1,502.1 |
|
Current Tax - Total |
2,167.3 |
2,153.9 |
1,991.2 |
1,998.1 |
1,688.2 |
|
Deferred Tax - Domestic |
586.6 |
526.6 |
783.5 |
1.4 |
-318.1 |
|
Deferred Tax - Foreign |
-36.3 |
429.1 |
-462.0 |
-60.8 |
153.1 |
|
Deferred Tax - Total |
550.3 |
955.7 |
321.5 |
-59.5 |
-165.1 |
|
Income Tax - Total |
2,717.6 |
3,109.6 |
2,312.7 |
1,938.6 |
1,523.2 |
|
Interest Cost - Domestic |
1,013.6 |
1,021.2 |
1,083.4 |
1,153.2 |
1,148.0 |
|
Service Cost - Domestic |
390.6 |
394.3 |
387.7 |
367.7 |
418.7 |
|
Prior Service Cost - Domestic |
0.0 |
27.9 |
0.0 |
23.0 |
0.0 |
|
Expected Return on Assets - Domestic |
-1,001.9 |
-1,180.0 |
-1,082.1 |
-1,046.4 |
-1,394.1 |
|
Actuarial Gains and Losses - Domestic |
2,238.7 |
-353.9 |
2,620.7 |
1,209.9 |
1,416.6 |
|
Curtailments & Settlements - Domestic |
0.0 |
0.0 |
0.0 |
-2.7 |
-39.0 |
|
Domestic Pension Plan Expense |
2,641.0 |
-90.6 |
3,009.8 |
1,704.7 |
1,550.2 |
|
Interest Cost - Foreign |
599.6 |
635.3 |
663.3 |
701.6 |
721.8 |
|
Service Cost - Foreign |
147.9 |
206.2 |
262.1 |
242.0 |
348.1 |
|
Prior Service Cost - Foreign |
-13.0 |
-11.1 |
27.0 |
-4.1 |
-1.5 |
|
Expected Return on Assets - Foreign |
-696.9 |
-720.3 |
-648.4 |
-643.5 |
-813.3 |
|
Actuarial Gains and Losses - Foreign |
1,684.5 |
196.4 |
1,111.8 |
680.0 |
1,434.6 |
|
Curtailments & Settlements - Foreign |
-10.4 |
-11.1 |
-274.2 |
-48.7 |
-30.0 |
|
Foreign Pension Plan Expense |
1,711.8 |
295.4 |
1,141.5 |
927.4 |
1,659.7 |
|
Interest Cost - Post-Retirement |
45.4 |
50.2 |
55.4 |
55.4 |
57.0 |
|
Service Cost - Post-Retirement |
20.8 |
29.3 |
32.4 |
20.3 |
27.0 |
|
Prior Service Cost - Post-Retirement |
-150.5 |
5.6 |
2.7 |
-40.6 |
12.0 |
|
Curtailments & Settlements - Post-Retir. |
-38.9 |
-13.9 |
-6.8 |
-12.2 |
-4.5 |
|
Post-Retirement Plan Expense |
-123.3 |
71.1 |
83.8 |
23.0 |
91.5 |
|
Defined Contribution Expense - Domestic |
707.3 |
608.8 |
451.2 |
516.4 |
471.2 |
|
Total Pension Expense |
4,936.8 |
884.7 |
4,686.2 |
3,171.5 |
3,772.6 |
|
Discount Rate - Domestic |
3.10% |
4.70% |
4.00% |
5.30% |
6.40% |
|
Expected Rate of Return - Domestic |
6.50% |
6.50% |
6.50% |
6.50% |
6.50% |
|
Compensation Rate - Domestic |
2.25% |
2.25% |
2.25% |
2.25% |
2.25% |
|
Total Plan Interest Cost |
1,658.6 |
1,706.7 |
1,802.1 |
1,910.2 |
1,926.8 |
|
Total Plan Service Cost |
559.4 |
629.7 |
682.2 |
630.0 |
793.8 |
|
Total Plan Expected Return |
-1,698.8 |
-1,900.3 |
-1,730.5 |
-1,689.9 |
-2,207.4 |
Annual Balance Sheet
Financials in: USD (mil)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.771999 |
0.745323 |
0.732493 |
0.684135 |
0.711921 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash & Equivalents |
14,107.5 |
16,728.3 |
19,260.2 |
14,849.4 |
9,682.3 |
|
Short Term Investments |
6,224.1 |
5,723.7 |
5,040.3 |
5,164.2 |
4,590.4 |
|
Cash and Short Term Investments |
20,331.6 |
22,452.0 |
24,300.6 |
20,013.6 |
14,272.6 |
|
Trade Accounts Receivable - Net |
17,241.0 |
17,560.2 |
18,726.4 |
18,579.7 |
22,172.4 |
|
Other Receivables |
1,948.2 |
2,052.8 |
2,015.0 |
1,797.9 |
856.8 |
|
Total Receivables, Net |
19,189.1 |
19,613.0 |
20,741.5 |
20,377.6 |
23,029.2 |
|
Inventories - Finished Goods |
3,423.6 |
3,108.7 |
3,912.7 |
4,304.7 |
3,982.2 |
|
Inventories - Work In Progress |
4,528.5 |
4,979.0 |
5,084.0 |
5,289.9 |
5,039.9 |
|
Inventories - Raw Materials |
3,405.4 |
3,555.5 |
3,303.8 |
3,331.2 |
3,642.3 |
|
Inventories - Other |
8,952.1 |
8,674.1 |
8,109.3 |
7,726.5 |
7,715.7 |
|
Total Inventory |
20,309.6 |
20,317.4 |
20,409.7 |
20,652.4 |
20,380.1 |
|
Prepaid Expenses |
339.4 |
335.4 |
404.1 |
463.4 |
452.3 |
|
Discontinued Operations - Current Asset |
6,217.6 |
6,597.1 |
976.1 |
755.7 |
1,136.4 |
|
Other Current Assets |
1,134.7 |
1,180.7 |
1,672.4 |
1,517.2 |
1,469.3 |
|
Other Current Assets, Total |
7,352.3 |
7,777.8 |
2,648.5 |
2,272.9 |
2,605.6 |
|
Total Current Assets |
67,522.1 |
70,495.6 |
68,504.4 |
63,779.8 |
60,739.9 |
|
|
|
|
|
|
|
|
Land/Improvements |
10,731.9 |
10,881.2 |
11,735.3 |
12,662.7 |
11,557.5 |
|
Machinery/Equipment |
20,870.5 |
20,255.6 |
26,248.7 |
26,030.0 |
24,631.9 |
|
Construction in
Progress |
1,112.7 |
1,257.2 |
1,520.8 |
1,407.6 |
1,657.5 |
|
Property/Plant/Equipment - Gross |
32,715.1 |
32,394.0 |
39,504.8 |
40,100.3 |
37,846.9 |
|
Accumulated Depreciation |
-18,772.0 |
-18,337.0 |
-23,466.4 |
-23,549.4 |
-22,033.3 |
|
Property/Plant/Equipment - Net |
13,943.0 |
14,057.0 |
16,038.4 |
16,550.8 |
15,813.5 |
|
Goodwill, Net |
22,110.1 |
21,072.7 |
21,519.6 |
23,125.6 |
22,480.0 |
|
Intangibles - Gross |
13,502.6 |
12,907.2 |
13,755.8 |
13,422.8 |
- |
|
Accumulated Intangible Amortization |
-7,550.5 |
-6,944.6 |
-6,972.1 |
-6,076.3 |
- |
|
Intangibles, Net |
5,952.1 |
5,962.5 |
6,783.7 |
7,346.5 |
7,603.4 |
|
LT Investment - Affiliate Companies |
5,746.1 |
6,662.9 |
6,449.2 |
6,839.3 |
9,856.4 |
|
LT Investments - Other |
11,295.4 |
9,014.9 |
6,796.0 |
11,668.8 |
10,935.2 |
|
Long Term Investments |
17,041.5 |
15,677.8 |
13,245.2 |
18,508.0 |
20,791.6 |
|
Note Receivable - Long Term |
4,077.7 |
4,002.3 |
4,223.9 |
662.2 |
- |
|
Deferred Income Tax - Long Term Asset |
4,892.5 |
4,301.5 |
5,378.9 |
4,810.5 |
4,226.6 |
|
Other Long Term Assets |
4,720.2 |
4,293.4 |
4,685.4 |
3,970.0 |
1,032.4 |
|
Other Long Term Assets, Total |
9,612.7 |
8,594.9 |
10,064.3 |
8,780.4 |
5,259.0 |
|
Total Assets |
140,259.3 |
139,862.8 |
140,379.4 |
138,753.3 |
132,687.5 |
|
|
|
|
|
|
|
|
Accounts Payable |
10,409.3 |
10,300.2 |
10,783.7 |
11,098.7 |
12,445.2 |
|
Accrued Expenses |
8,645.1 |
9,414.7 |
10,838.3 |
10,705.5 |
- |
|
Notes Payable/Short Term Debt |
0.0 |
0.0 |
0.0 |
0.0 |
0.0 |
|
Current Portion - Long Term Debt/Capital Leases |
4,956.0 |
4,910.6 |
3,298.3 |
1,020.3 |
2,555.1 |
|
Customer Advances |
16,866.6 |
18,178.7 |
18,016.5 |
17,775.7 |
- |
|
Income Taxes Payable |
2,854.9 |
2,726.3 |
2,479.2 |
2,829.9 |
2,767.2 |
|
Discontinued Operations - Current Liability |
2,660.6 |
2,356.0 |
199.3 |
229.5 |
795.0 |
|
Other Current Liabilities |
8,835.5 |
10,557.8 |
9,825.3 |
9,672.1 |
41,066.3 |
|
Other Current liabilities, Total |
31,217.7 |
33,818.9 |
30,520.4 |
30,507.1 |
44,628.5 |
|
Total Current Liabilities |
55,228.1 |
58,444.5 |
55,440.8 |
53,331.6 |
59,628.8 |
|
|
|
|
|
|
|
|
Long Term Debt |
23,103.7 |
20,092.0 |
25,046.0 |
28,498.8 |
20,302.8 |
|
Capital Lease Obligations |
165.8 |
173.1 |
166.6 |
217.8 |
255.6 |
|
Total Long Term Debt |
23,269.5 |
20,265.0 |
25,212.5 |
28,716.6 |
20,558.5 |
|
Total Debt |
28,225.4 |
25,175.7 |
28,510.8 |
29,736.8 |
23,113.5 |
|
|
|
|
|
|
|
|
Deferred Income Tax - LT Liability |
639.9 |
798.3 |
787.7 |
1,134.3 |
1,019.8 |
|
Deferred Income Tax |
639.9 |
798.3 |
787.7 |
1,134.3 |
1,019.8 |
|
Minority Interest |
737.0 |
839.9 |
1,023.9 |
936.9 |
851.2 |
|
Pension Benefits - Underfunded |
12,857.5 |
9,803.8 |
11,555.1 |
8,679.6 |
6,125.7 |
|
Other Long Term Liabilities |
7,720.2 |
7,407.5 |
7,661.5 |
7,005.9 |
6,895.4 |
|
Other Liabilities, Total |
20,577.7 |
17,211.3 |
19,216.6 |
15,685.5 |
13,021.1 |
|
Total Liabilities |
100,452.2 |
97,559.0 |
101,681.5 |
99,804.9 |
95,079.4 |
|
|
|
|
|
|
|
|
Common Stock |
3,423.6 |
3,680.3 |
3,744.7 |
4,009.4 |
3,853.0 |
|
Common Stock |
3,423.6 |
3,680.3 |
3,744.7 |
4,009.4 |
3,853.0 |
|
Additional Paid-In Capital |
7,996.1 |
8,065.0 |
8,172.1 |
8,691.3 |
8,423.7 |
|
Retained Earnings (Accumulated Deficit) |
29,476.7 |
34,724.5 |
31,396.9 |
33,101.7 |
32,291.5 |
|
Treasury Stock - Common |
-2,457.3 |
-4,074.7 |
-4,604.8 |
-5,308.9 |
-5,621.4 |
|
Other Equity |
1,370.5 |
-91.2 |
-10.9 |
-1,545.0 |
-1,338.6 |
|
Other Equity, Total |
1,370.5 |
-91.2 |
-10.9 |
-1,545.0 |
-1,338.6 |
|
Total Equity |
39,809.6 |
42,303.8 |
38,698.0 |
38,948.5 |
37,608.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders’ Equity |
140,261.8 |
139,862.8 |
140,379.4 |
138,753.3 |
132,687.5 |
|
|
|
|
|
|
|
|
Shares Outstanding - Common Stock Primary
Issue |
856.3 |
874.3 |
869.8 |
866.4 |
861.6 |
|
Total Common Shares Outstanding |
856.3 |
874.3 |
869.8 |
866.4 |
861.6 |
|
Treasury Shares - Common Stock Primary Issue |
24.7 |
40.0 |
44.4 |
47.8 |
52.6 |
|
Employees |
370,000 |
359,000 |
336,000 |
405,000 |
427,000 |
|
Accumulated Intangible Amort, Suppl. |
7,550.5 |
6,944.6 |
6,972.1 |
6,076.3 |
5,061.0 |
|
Deferred Revenue - Current |
16,866.6 |
18,178.7 |
18,016.5 |
17,775.7 |
15,999.0 |
|
Deferred Revenue - Long Term |
286.3 |
318.0 |
374.1 |
283.6 |
- |
|
Total Long Term Debt, Supplemental |
26,614.0 |
23,875.6 |
26,951.8 |
28,421.3 |
21,930.8 |
|
Long Term Debt Maturing within 1 Year |
4,913.2 |
4,889.2 |
3,232.8 |
954.5 |
2,411.8 |
|
Long Term Debt Maturing in Year 2 |
2,983.8 |
2,313.1 |
2,635.9 |
3,278.6 |
209.3 |
|
Long Term Debt Maturing in Year 3 |
2,983.8 |
2,313.1 |
2,635.9 |
3,793.1 |
2,868.3 |
|
Long Term Debt Maturing in Year 4 |
2,983.8 |
2,313.1 |
2,635.9 |
4,677.4 |
3,475.1 |
|
Long Term Debt Maturing in Year 5 |
2,983.8 |
2,313.1 |
2,635.9 |
1,625.4 |
1,647.7 |
|
Long Term Debt Maturing in 2-3 Years |
5,967.6 |
4,626.2 |
5,271.7 |
7,071.7 |
3,077.6 |
|
Long Term Debt Maturing in 4-5 Years |
5,967.6 |
4,626.2 |
5,271.7 |
6,302.9 |
5,122.8 |
|
Long Term Debt Matur. in Year 6 & Beyond |
9,765.6 |
9,734.0 |
13,175.5 |
14,092.2 |
11,318.7 |
|
Total Capital Leases, Supplemental |
207.3 |
194.5 |
233.4 |
283.6 |
327.3 |
|
Capital Lease Payments Due in Year 1 |
42.7 |
21.5 |
66.9 |
65.8 |
71.6 |
|
Capital Lease Payments Due in Year 2 |
16.5 |
21.1 |
17.7 |
61.4 |
28.1 |
|
Capital Lease Payments Due in Year 3 |
16.5 |
21.1 |
17.7 |
19.0 |
37.9 |
|
Capital Lease Payments Due in Year 4 |
16.5 |
21.1 |
17.7 |
24.8 |
56.2 |
|
Capital Lease Payments Due in Year 5 |
16.5 |
21.1 |
17.7 |
7.3 |
23.9 |
|
Capital Lease Payments Due in 2-3 Years |
33.0 |
42.3 |
35.5 |
80.4 |
66.0 |
|
Capital Lease Payments Due in 4-5 Years |
33.0 |
42.3 |
35.5 |
32.2 |
80.1 |
|
Cap. Lease Pymts. Due in Year 6 & Beyond |
98.4 |
88.6 |
95.6 |
105.2 |
109.6 |
|
Total Operating Leases, Supplemental |
4,103.6 |
4,116.3 |
4,267.6 |
4,089.8 |
3,813.6 |
|
Operating Lease Payments Due in Year 1 |
1,051.8 |
960.7 |
984.3 |
1,011.5 |
886.3 |
|
Operating Lease Payments Due in Year 2 |
513.6 |
511.9 |
539.6 |
754.2 |
679.9 |
|
Operating Lease Payments Due in Year 3 |
513.6 |
511.9 |
539.6 |
552.5 |
507.1 |
|
Operating Lease Payments Due in Year 4 |
513.6 |
511.9 |
539.6 |
423.9 |
401.7 |
|
Operating Lease Payments Due in Year 5 |
513.6 |
511.9 |
539.6 |
350.8 |
368.0 |
|
Operating Lease Pymts. Due in 2-3 Years |
1,027.2 |
1,023.7 |
1,079.2 |
1,306.8 |
1,186.9 |
|
Operating Lease Pymts. Due in 4-5 Years |
1,027.2 |
1,023.7 |
1,079.2 |
774.7 |
769.7 |
|
Oper. Lse. Pymts. Due in Year 6 & Beyond |
997.4 |
1,108.2 |
1,124.9 |
996.9 |
970.6 |
|
Pension Obligation - Domestic |
42,772.1 |
36,388.2 |
42,969.7 |
36,774.9 |
31,820.9 |
|
Plan Assets - Domestic |
31,155.5 |
28,128.7 |
32,910.9 |
30,906.2 |
28,365.5 |
|
Funded Status - Domestic |
-11,616.6 |
-8,259.5 |
-10,058.8 |
-5,868.7 |
-3,455.4 |
|
Total Funded Status |
-11,616.6 |
-8,259.5 |
-10,058.8 |
-5,868.7 |
-3,455.4 |
|
Discount Rate - Domestic |
3.10% |
4.70% |
4.00% |
5.30% |
6.40% |
|
Expected Rate of Return - Domestic |
6.50% |
6.50% |
6.50% |
6.50% |
6.50% |
|
Compensation Rate - Domestic |
2.25% |
2.25% |
2.25% |
2.25% |
2.25% |
|
Equity % - Domestic |
27.00% |
29.00% |
27.00% |
27.00% |
29.00% |
|
Equity % - Foreign |
27.00% |
27.00% |
28.00% |
29.00% |
29.00% |
|
Real Estate % - Domestic |
6.00% |
6.00% |
6.00% |
8.00% |
8.00% |
|
Real Estate % - Foreign |
7.00% |
8.00% |
9.00% |
9.00% |
10.00% |
|
Total Plan Obligations |
42,772.1 |
36,388.2 |
42,969.7 |
36,774.9 |
31,820.9 |
|
Total Plan Assets |
31,155.5 |
28,128.7 |
32,910.9 |
30,906.2 |
28,365.5 |
Annual Cash Flows
Financials in: USD (mil)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.770534 |
0.717768 |
0.740255 |
0.73971 |
0.666382 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income/Starting Line |
5,956.9 |
8,806.5 |
5,757.5 |
3,375.6 |
8,832.8 |
|
Depreciation |
3,561.2 |
3,395.2 |
5,056.4 |
3,881.2 |
4,821.6 |
|
Depreciation/Depletion |
3,561.2 |
3,395.2 |
5,056.4 |
3,881.2 |
4,821.6 |
|
Discontinued Operations |
741.0 |
1,032.4 |
475.5 |
- |
- |
|
Unusual Items |
-189.5 |
-291.2 |
-352.6 |
-586.7 |
-7,641.3 |
|
Other Non-Cash Items |
2,415.2 |
1,049.1 |
1,842.6 |
4,797.8 |
1,157.0 |
|
Non-Cash Items |
2,966.8 |
1,790.3 |
1,965.5 |
4,211.1 |
-6,484.3 |
|
Accounts Receivable |
203.8 |
-870.8 |
-71.6 |
1,492.5 |
-1,632.7 |
|
Inventories |
-110.3 |
-1,568.8 |
72.9 |
-83.8 |
-2,447.5 |
|
Other Assets |
-486.7 |
-810.8 |
-1,049.6 |
-486.7 |
250.6 |
|
Accounts Payable |
255.7 |
907.0 |
-20.3 |
-1,446.5 |
1,079.0 |
|
Other Liabilities |
- |
- |
2,091.2 |
-1,772.3 |
8,750.2 |
|
Other Assets & Liabilities, Net |
-2,878.5 |
-33.4 |
-278.3 |
-482.6 |
300.1 |
|
Other Operating Cash Flow |
-419.2 |
-794.1 |
-894.3 |
-440.7 |
-528.2 |
|
Changes in Working Capital |
-3,435.3 |
-3,170.9 |
-149.9 |
-3,220.2 |
5,771.5 |
|
Cash from Operating Activities |
9,049.6 |
10,821.0 |
12,629.4 |
8,247.8 |
12,941.5 |
|
|
|
|
|
|
|
|
Purchase of Fixed Assets |
-2,862.9 |
-3,013.5 |
-2,639.6 |
-3,325.6 |
-5,583.9 |
|
Capital Expenditures |
-2,862.9 |
-3,013.5 |
-2,639.6 |
-3,325.6 |
-5,583.9 |
|
Acquisition of Business |
-1,705.3 |
-422.1 |
-586.3 |
-281.2 |
-8,114.0 |
|
Sale of Business |
120.7 |
246.6 |
232.4 |
-316.3 |
15,728.2 |
|
Sale/Maturity of Investment |
1,161.5 |
2,989.8 |
849.7 |
1,702.0 |
1,278.5 |
|
Purchase of Investments |
-539.9 |
-1,150.8 |
-724.1 |
-1,384.3 |
-250.6 |
|
Other Investing Cash Flow |
-3,552.1 |
-4,284.1 |
-978.0 |
-669.2 |
-3,669.1 |
|
Other Investing Cash Flow Items, Total |
-4,515.0 |
-2,620.6 |
-1,206.3 |
-949.0 |
4,973.1 |
|
Cash from Investing Activities |
-7,378.0 |
-5,634.1 |
-3,846.0 |
-4,274.6 |
-610.8 |
|
|
|
|
|
|
|
|
Other Financing Cash Flow |
-903.3 |
-859.6 |
-857.8 |
-1,243.7 |
-1,451.1 |
|
Financing Cash Flow Items |
-903.3 |
-859.6 |
-857.8 |
-1,243.7 |
-1,451.1 |
|
Cash Dividends Paid - Common |
-3,411.9 |
-3,282.4 |
-1,875.0 |
-1,865.6 |
-2,193.9 |
|
Total Cash Dividends Paid |
-3,411.9 |
-3,282.4 |
-1,875.0 |
-1,865.6 |
-2,193.9 |
|
Sale/Issuance of
Common |
385.4 |
-1,064.4 |
198.6 |
181.2 |
372.2 |
|
Repurchase/Retirement
of Common |
-2,233.5 |
0.0 |
- |
- |
-6,527.8 |
|
Common Stock, Net |
-1,848.1 |
-1,064.4 |
198.6 |
181.2 |
-6,155.6 |
|
Issuance (Retirement) of Stock, Net |
-1,848.1 |
-1,064.4 |
198.6 |
181.2 |
-6,155.6 |
|
Short Term Debt, Net |
-80.5 |
316.3 |
-979.4 |
-481.3 |
-6,955.5 |
|
Long Term Debt Issued |
6,635.7 |
157.4 |
0.0 |
5,371.0 |
8,595.7 |
|
Long Term Debt
Reduction |
-4,176.3 |
-2,850.5 |
-60.8 |
-1,454.6 |
-1,036.9 |
|
Long Term Debt, Net |
2,459.3 |
-2,693.1 |
-60.8 |
3,916.4 |
7,558.7 |
|
Issuance (Retirement) of Debt, Net |
2,378.9 |
-2,376.8 |
-1,040.2 |
3,435.1 |
603.3 |
|
Cash from Financing Activities |
-3,784.4 |
-7,583.2 |
-3,574.4 |
507.0 |
-9,197.4 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
88.3 |
7.0 |
225.6 |
-52.7 |
-148.6 |
|
Net Change in Cash |
-2,025.9 |
-2,389.4 |
5,434.6 |
4,427.4 |
2,984.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
16,238.1 |
19,821.2 |
13,784.4 |
9,367.2 |
7,413.2 |
|
Net Cash - Ending Balance |
14,210.9 |
17,431.8 |
19,219.1 |
13,794.6 |
10,397.9 |
|
Cash Interest Paid |
652.8 |
661.8 |
590.3 |
1,026.1 |
1,244.0 |
|
Cash Taxes Paid |
1,897.4 |
2,252.8 |
2,535.6 |
2,076.5 |
2,347.0 |
Annual Income Statement
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Restated Normal |
Restated Normal |
Reclassified
Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.770534 |
0.717768 |
0.740255 |
0.73971 |
0.666382 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Sales |
101,612.6 |
102,087.3 |
93,181.4 |
103,623.0 |
116,040.1 |
|
Total Revenue |
101,612.6 |
102,087.3 |
93,181.4 |
103,623.0 |
116,040.1 |
|
|
|
|
|
|
|
|
Cost of Sales |
72,796.3 |
71,117.7 |
66,162.4 |
75,625.6 |
84,462.1 |
|
Research/Development |
5,500.1 |
5,432.1 |
4,806.5 |
5,272.3 |
5,678.4 |
|
Distribution/Gen. Admin. Expenses |
14,486.1 |
14,265.1 |
13,057.7 |
14,730.1 |
20,387.7 |
|
Other Operating Income |
-669.7 |
-762.1 |
-567.4 |
-405.6 |
-429.2 |
|
Income from Sale of Fixed Assets |
- |
- |
-385.0 |
-481.3 |
-471.2 |
|
Income From Sale of Business Units |
- |
- |
-181.0 |
-552.9 |
-670.8 |
|
Other Operating Expense |
358.2 |
521.1 |
339.1 |
607.0 |
2,984.8 |
|
Expense On Sale of Business Units |
- |
- |
155.4 |
91.9 |
168.1 |
|
Expense on Sale of Fixed Assets |
- |
- |
58.1 |
112.2 |
73.5 |
|
Goodwill Impairment |
- |
- |
1,546.8 |
43.3 |
117.0 |
|
Total Operating Expense |
92,470.9 |
90,573.8 |
84,992.4 |
95,042.6 |
112,300.5 |
|
|
|
|
|
|
|
|
Income from Investments |
-345.2 |
292.6 |
12.2 |
-2,630.8 |
390.2 |
|
Interest Income |
2,899.3 |
3,065.1 |
2,762.6 |
2,887.6 |
1,341.6 |
|
Interest Expense |
-2,242.6 |
-2,390.7 |
-2,376.2 |
-2,991.7 |
-1,251.5 |
|
Income from Pensions |
- |
- |
- |
- |
204.1 |
|
Income from AFS Financial Assets |
- |
- |
- |
- |
133.6 |
|
Other, Net |
-6.5 |
904.2 |
-517.4 |
-585.4 |
-244.6 |
|
Net Income Before Taxes |
9,446.7 |
13,384.5 |
8,070.2 |
5,260.2 |
4,312.8 |
|
|
|
|
|
|
|
|
Provision for Income Taxes |
2,717.6 |
3,109.6 |
2,312.7 |
1,938.6 |
1,523.2 |
|
Net Income After Taxes |
6,729.1 |
10,274.9 |
5,757.5 |
3,321.6 |
2,789.7 |
|
|
|
|
|
|
|
|
Minority Interest |
-171.3 |
-245.2 |
-228.3 |
-277.1 |
-241.6 |
|
Net Income Before Extra. Items |
6,557.8 |
10,029.7 |
5,529.2 |
3,044.4 |
2,548.1 |
|
Discontinued Operations |
-772.2 |
-1,469.8 |
-262.1 |
54.1 |
6,043.1 |
|
Net Income |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
|
|
|
|
|
|
|
Income Available to Com Excl ExtraOrd |
6,557.8 |
10,029.7 |
5,529.2 |
3,044.4 |
2,548.1 |
|
|
|
|
|
|
|
|
Income Available to Com Incl ExtraOrd |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
|
|
|
|
|
|
|
Basic Weighted Average Shares |
856.3 |
873.1 |
868.2 |
864.8 |
893.2 |
|
Basic EPS Excluding ExtraOrdinary Items |
7.66 |
11.49 |
6.37 |
3.52 |
2.85 |
|
Basic EPS Including ExtraOrdinary Item |
6.76 |
9.80 |
6.07 |
3.58 |
9.62 |
|
Diluted Net Income |
5,785.6 |
8,559.9 |
5,267.1 |
3,098.5 |
8,591.2 |
|
Diluted Weighted Average Shares |
884.5 |
882.8 |
877.5 |
871.7 |
896.3 |
|
Diluted EPS Excluding ExtraOrd Items |
7.41 |
11.36 |
6.30 |
3.49 |
2.84 |
|
Diluted EPS Including ExtraOrd Items |
6.54 |
9.70 |
6.00 |
3.55 |
9.59 |
|
DPS-Common Stock |
3.89 |
4.18 |
3.65 |
2.16 |
2.40 |
|
Gross Dividends - Common Stock |
3,244.5 |
3,622.3 |
3,182.7 |
1,876.4 |
2,067.9 |
|
Normalized Income Before Taxes |
10,821.1 |
13,594.9 |
9,514.3 |
4,473.4 |
3,529.5 |
|
|
|
|
|
|
|
|
Inc Tax Ex Impact of Sp Items |
3,113.0 |
3,158.5 |
2,726.6 |
1,648.6 |
1,246.5 |
|
Normalized Income After Taxes |
7,708.1 |
10,436.4 |
6,787.7 |
2,824.7 |
2,283.0 |
|
|
|
|
|
|
|
|
Normalized Inc. Avail to Com. |
7,536.8 |
10,191.2 |
6,559.4 |
2,547.6 |
2,041.4 |
|
|
|
|
|
|
|
|
Basic Normalized EPS |
8.80 |
11.67 |
7.55 |
2.95 |
2.29 |
|
Diluted Normalized EPS |
8.52 |
11.54 |
7.48 |
2.92 |
2.28 |
|
Research & Development Expenses |
5,500.1 |
5,432.1 |
4,806.5 |
5,272.3 |
5,678.4 |
|
Interest Expenses |
2,242.6 |
2,390.7 |
2,376.2 |
2,991.7 |
1,251.5 |
|
Amortisation of Intangibles |
1,087.6 |
1,067.2 |
1,030.7 |
1,127.5 |
1,344.6 |
|
Rental Expenses |
1,399.0 |
1,464.3 |
1,454.9 |
1,619.6 |
1,431.6 |
|
Depreciation |
2,234.8 |
2,280.7 |
2,261.4 |
2,714.6 |
3,179.9 |
|
Current - Domestic Tax |
185.6 |
408.2 |
14.9 |
363.7 |
186.1 |
|
Current - Foreign Tax |
1,981.7 |
1,745.7 |
1,976.3 |
1,634.4 |
1,502.1 |
|
Current Tax - Total |
2,167.3 |
2,153.9 |
1,991.2 |
1,998.1 |
1,688.2 |
|
Deferred - Domestic Tax |
586.6 |
526.6 |
783.5 |
1.4 |
-318.1 |
|
Deferred - Foreign Tax |
-36.3 |
429.1 |
-462.0 |
-60.8 |
153.1 |
|
Deferred Tax - Total |
550.3 |
955.7 |
321.5 |
-59.5 |
-165.1 |
|
Income Tax - Total |
2,717.6 |
3,109.6 |
2,312.7 |
1,938.6 |
1,523.2 |
|
Service Cost |
390.6 |
394.3 |
387.7 |
367.7 |
418.7 |
|
Interest Cost |
1,013.6 |
1,021.2 |
1,083.4 |
1,153.2 |
1,148.0 |
|
Expected Return on Plan Assets |
-1,001.9 |
-1,180.0 |
-1,082.1 |
-1,046.4 |
-1,394.1 |
|
Past Service Cost |
0.0 |
27.9 |
0.0 |
23.0 |
0.0 |
|
Settlements and Curtailments |
0.0 |
0.0 |
0.0 |
-2.7 |
-39.0 |
|
Actuarial Gains and Losses |
2,238.7 |
-353.9 |
2,620.7 |
1,209.9 |
1,416.6 |
|
Domestic Pension Plan Expense |
2,641.0 |
-90.6 |
3,009.8 |
1,704.7 |
1,550.2 |
|
Service Cost |
147.9 |
206.2 |
262.1 |
242.0 |
348.1 |
|
Interest Cost |
599.6 |
635.3 |
663.3 |
701.6 |
721.8 |
|
Expected Return on Plan Assets |
-696.9 |
-720.3 |
-648.4 |
-643.5 |
-813.3 |
|
Settlements and Curtailments |
-10.4 |
-11.1 |
-274.2 |
-48.7 |
-30.0 |
|
Actuarial Gains and Losses |
1,684.5 |
196.4 |
1,111.8 |
680.0 |
1,434.6 |
|
Past Service Costs |
-13.0 |
-11.1 |
27.0 |
-4.1 |
-1.5 |
|
Foreign Pension Plan Expense |
1,711.8 |
295.4 |
1,141.5 |
927.4 |
1,659.7 |
|
Service Cost |
20.8 |
29.3 |
32.4 |
20.3 |
27.0 |
|
Interest Cost |
45.4 |
50.2 |
55.4 |
55.4 |
57.0 |
|
Settlements and Curtailments |
-38.9 |
-13.9 |
-6.8 |
-12.2 |
-4.5 |
|
Past Service Costs |
-150.5 |
5.6 |
2.7 |
-40.6 |
12.0 |
|
Post-Retirement Plan Expense |
-123.3 |
71.1 |
83.8 |
23.0 |
91.5 |
|
Defined Contribution Plan |
707.3 |
608.8 |
451.2 |
516.4 |
471.2 |
|
Total Pension Expense |
4,936.8 |
884.7 |
4,686.2 |
3,171.5 |
3,772.6 |
|
Discount Rate - Germany |
3.10% |
4.70% |
4.00% |
5.30% |
6.40% |
|
Discount Rate - USA |
2.90% |
4.10% |
4.80% |
5.69% |
6.79% |
|
Discount Rate - Great Britain |
4.40% |
5.70% |
5.30% |
5.70% |
6.50% |
|
Expected Return on Plan Assets - Germany |
6.50% |
6.50% |
6.50% |
6.50% |
6.50% |
|
Expected Return on Plan Assets - USA |
6.96% |
6.95% |
6.95% |
6.97% |
6.97% |
|
Expected Return on Plan Assets - GB |
6.00% |
6.00% |
6.00% |
6.50% |
6.70% |
|
Compensation Rate - Germany |
2.25% |
2.25% |
2.25% |
2.25% |
2.25% |
|
Compensation Rate - USA |
3.69% |
3.50% |
3.52% |
3.76% |
4.05% |
|
Compensation Rate - GB |
4.10% |
5.00% |
5.00% |
4.90% |
4.50% |
|
Compensation Rate - Switzerland |
1.50% |
1.50% |
1.50% |
1.50% |
2.50% |
|
Compensation Rate - Netherlands |
2.98% |
2.95% |
2.95% |
2.95% |
2.95% |
Annual Balance Sheet
Financials in: USD (mil)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate |
0.771999 |
0.745323 |
0.732493 |
0.684135 |
0.711921 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Cash/Equivalents |
14,107.5 |
16,728.3 |
19,260.2 |
14,849.4 |
9,682.3 |
|
ST Investments |
678.8 |
640.0 |
335.8 |
248.5 |
213.5 |
|
Trade Receivables |
17,241.0 |
17,560.2 |
18,726.4 |
18,579.7 |
22,172.4 |
|
Finance Lease |
2,474.1 |
2,360.1 |
2,436.9 |
2,540.4 |
- |
|
Derivatives |
686.5 |
802.3 |
1,295.6 |
1,143.0 |
- |
|
Other Financial Assets |
3,071.2 |
2,723.7 |
2,267.6 |
2,375.3 |
4,376.9 |
|
Raw Materials |
3,405.4 |
3,555.5 |
3,303.8 |
3,331.2 |
3,642.3 |
|
Work in Progress |
4,528.5 |
4,979.0 |
5,084.0 |
5,289.9 |
5,039.9 |
|
Excess Earnings |
10,369.2 |
10,531.0 |
10,290.9 |
10,432.2 |
10,586.8 |
|
Finished Goods |
3,423.6 |
3,108.7 |
3,912.7 |
4,304.7 |
3,982.2 |
|
Advance-Supplier |
1,234.5 |
1,115.0 |
896.9 |
825.9 |
1,115.3 |
|
Adv. - Rcvd. |
-2,651.6 |
-2,971.9 |
-3,078.5 |
-3,531.5 |
-3,986.4 |
|
Income Tax Receivables |
1,082.9 |
1,070.7 |
1,078.5 |
894.6 |
856.8 |
|
Other Receivables |
865.3 |
982.1 |
936.5 |
903.3 |
- |
|
Prepaid Expeneses |
339.4 |
335.4 |
404.1 |
463.4 |
- |
|
Other Current Assets |
448.2 |
378.4 |
376.8 |
374.2 |
1,469.3 |
|
Prepaid Expenses |
- |
- |
- |
- |
452.3 |
|
Assets for Sale |
6,217.6 |
6,597.1 |
976.1 |
755.7 |
1,136.4 |
|
Total Current Assets |
67,522.1 |
70,495.6 |
68,504.4 |
63,779.8 |
60,739.9 |
|
|
|
|
|
|
|
|
Investments Using Equity Method |
5,746.1 |
6,662.9 |
6,449.2 |
6,839.3 |
9,856.4 |
|
Goodwill, Net |
22,110.1 |
21,072.7 |
21,519.6 |
23,125.6 |
22,480.0 |
|
Derivatives |
3,624.4 |
3,252.3 |
3,676.5 |
3,053.5 |
- |
|
Receivables |
4,077.7 |
4,002.3 |
4,223.9 |
662.2 |
- |
|
Other Financial Assets |
11,295.4 |
9,014.9 |
6,796.0 |
11,668.8 |
10,935.2 |
|
Amortization |
-7,550.5 |
-6,944.6 |
-6,972.1 |
-6,076.3 |
- |
|
Intangible Assets, Gross |
13,502.6 |
12,907.2 |
13,755.8 |
13,422.8 |
- |
|
Intangible Assets, Net |
- |
- |
- |
- |
7,603.4 |
|
Land/Buildings |
10,731.9 |
10,881.2 |
11,735.3 |
12,662.7 |
11,557.5 |
|
Equip./Mach. |
9,165.8 |
8,840.5 |
12,634.9 |
12,627.6 |
11,591.2 |
|
Office Equipment |
7,336.8 |
6,986.2 |
9,279.3 |
9,489.4 |
9,346.5 |
|
Leased Equipment |
4,367.9 |
4,429.0 |
4,334.5 |
3,913.0 |
3,694.2 |
|
Constr. in Prog. |
1,112.7 |
1,257.2 |
1,520.8 |
1,407.6 |
1,657.5 |
|
Depreciation |
-18,772.0 |
-18,337.0 |
-23,466.4 |
-23,549.4 |
-22,033.3 |
|
Deferred Taxes |
4,892.5 |
4,301.5 |
5,378.9 |
4,810.5 |
4,226.6 |
|
Other Assets |
1,095.9 |
1,041.2 |
1,008.9 |
916.5 |
1,032.4 |
|
Total Assets |
140,259.3 |
139,862.8 |
140,379.4 |
138,753.3 |
132,687.5 |
|
|
|
|
|
|
|
|
Notes/Bonds |
4,956.0 |
4,910.6 |
2,815.0 |
0.0 |
1,438.4 |
|
Bank Loans |
- |
- |
386.4 |
381.5 |
672.8 |
|
Other Loans |
- |
- |
30.0 |
573.0 |
372.2 |
|
Lease Oblig. |
- |
- |
66.9 |
65.8 |
71.6 |
|
Accounts Payable |
10,409.3 |
10,300.2 |
10,783.7 |
11,098.7 |
12,445.2 |
|
Derivatives |
598.4 |
1,156.5 |
603.4 |
663.6 |
- |
|
Accrued Expenses |
307.0 |
403.9 |
446.4 |
475.1 |
- |
|
Other Current Financial Liabilities |
985.8 |
1,454.4 |
862.8 |
1,200.1 |
3,409.1 |
|
Current Provisions |
6,152.9 |
6,933.9 |
7,014.4 |
6,126.0 |
7,255.0 |
|
Income Tax Payables |
2,854.9 |
2,726.3 |
2,479.2 |
2,829.9 |
2,767.2 |
|
Acc. Expenses |
8,338.1 |
9,010.9 |
10,391.9 |
10,230.4 |
- |
|
Customer Advances |
16,866.6 |
18,178.7 |
18,016.5 |
17,775.7 |
- |
|
Other Liabilities |
1,098.4 |
1,013.0 |
1,344.7 |
1,682.4 |
30,402.2 |
|
Assets Held for Disposal |
2,660.6 |
2,356.0 |
199.3 |
229.5 |
795.0 |
|
Total Current Liabilities |
55,228.1 |
58,444.5 |
55,440.8 |
53,331.6 |
59,628.8 |
|
|
|
|
|
|
|
|
Bonds/Notes |
20,976.7 |
16,973.8 |
20,802.9 |
24,121.0 |
16,774.3 |
|
Bank Loans |
581.6 |
1,816.7 |
2,704.5 |
2,791.8 |
2,607.0 |
|
Other Loans |
142.5 |
195.9 |
213.0 |
554.0 |
393.3 |
|
Lease Oblig. |
165.8 |
173.1 |
166.6 |
217.8 |
255.6 |
|
Other Financial Liabilities |
1,402.9 |
1,105.6 |
1,325.6 |
1,032.0 |
528.1 |
|
Total Long Term Debt |
23,269.5 |
20,265.0 |
25,212.5 |
28,716.6 |
20,558.5 |
|
|
|
|
|
|
|
|
Pensions/Similar |
12,857.5 |
9,803.8 |
11,555.1 |
8,679.6 |
6,125.7 |
|
Deferred Taxes |
639.9 |
798.3 |
787.7 |
1,134.3 |
1,019.8 |
|
Other Accrued |
5,062.2 |
4,902.6 |
4,548.8 |
4,050.4 |
3,558.0 |
|
Minority Int. |
737.0 |
839.9 |
1,023.9 |
936.9 |
851.2 |
|
Other Liabilities |
2,658.0 |
2,505.0 |
3,112.7 |
2,955.6 |
3,337.4 |
|
Total Liabilities |
100,452.2 |
97,559.0 |
101,681.5 |
99,804.9 |
95,079.4 |
|
|
|
|
|
|
|
|
Common Stock |
3,423.6 |
3,680.3 |
3,744.7 |
4,009.4 |
3,853.0 |
|
Paid in Capital |
7,996.1 |
8,065.0 |
8,172.1 |
8,691.3 |
8,423.7 |
|
Retained Earnings |
29,476.7 |
34,724.5 |
31,396.9 |
33,101.7 |
32,291.5 |
|
Other Equity |
1,370.5 |
-91.2 |
-10.9 |
-1,545.0 |
-1,338.6 |
|
Treasury Stock |
-2,457.3 |
-4,074.7 |
-4,604.8 |
-5,308.9 |
-5,621.4 |
|
Total Equity |
39,809.6 |
42,303.8 |
38,698.0 |
38,948.5 |
37,608.1 |
|
|
|
|
|
|
|
|
Total Liabilities & Shareholders' Equity |
140,261.8 |
139,862.8 |
140,379.4 |
138,753.3 |
132,687.5 |
|
|
|
|
|
|
|
|
S/O-Common Stock |
856.3 |
874.3 |
869.8 |
866.4 |
861.6 |
|
Total Common Shares Outstanding |
856.3 |
874.3 |
869.8 |
866.4 |
861.6 |
|
T/S-Common Stock |
24.7 |
40.0 |
44.4 |
47.8 |
52.6 |
|
Deferred Revenue - Current |
16,866.6 |
18,178.7 |
18,016.5 |
17,775.7 |
15,999.0 |
|
Deferred Revenue - Long Term |
286.3 |
318.0 |
374.1 |
283.6 |
- |
|
Accu. Amortisation of Intangibles |
7,550.5 |
6,944.6 |
6,972.1 |
6,076.3 |
5,061.0 |
|
Full-Time Employees |
370,000 |
359,000 |
336,000 |
405,000 |
427,000 |
|
Long Term Debt Maturing Within 1 Year |
4,913.2 |
4,889.2 |
3,232.8 |
954.5 |
2,411.8 |
|
Long Term Debt Maturing Within 2 Years |
- |
- |
- |
3,278.6 |
209.3 |
|
Long Term Debt Maturing Within 3 Years |
- |
- |
- |
3,793.1 |
2,868.3 |
|
Long Term Debt Maturing Within 4 Years |
- |
- |
- |
4,677.4 |
3,475.1 |
|
Long Term Debt Maturing Within 5 Years |
11,935.2 |
9,252.4 |
10,543.4 |
1,625.4 |
1,647.7 |
|
Long Term Debt Maturing Thereafter |
9,765.6 |
9,734.0 |
13,175.5 |
14,092.2 |
11,318.7 |
|
Total Long Term Debt, Supplemental |
26,614.0 |
23,875.6 |
26,951.8 |
28,421.3 |
21,930.8 |
|
Capital Lease Maturing Within 1 Year |
42.7 |
21.5 |
66.9 |
65.8 |
71.6 |
|
Capital Lease Maturing Within 2 Years |
- |
- |
- |
61.4 |
28.1 |
|
Capital Lease Maturing Within 3 Years |
- |
- |
- |
19.0 |
37.9 |
|
Capital Lease Maturing Within 4 Years |
- |
- |
- |
24.8 |
56.2 |
|
Capital Lease Maturing Within 5 Years |
66.1 |
84.5 |
71.0 |
7.3 |
23.9 |
|
Capital Lease Maturing Thereafter |
98.4 |
88.6 |
95.6 |
105.2 |
109.6 |
|
Total Capital Leases |
207.3 |
194.5 |
233.4 |
283.6 |
327.3 |
|
Operating Lease Maturing Within 1 Year |
1,051.8 |
960.7 |
984.3 |
1,011.5 |
886.3 |
|
Operating Lease Maturing Within 2 Years |
- |
- |
- |
754.2 |
679.9 |
|
Operating Lease Maturing Within 3 Years |
- |
- |
- |
552.5 |
507.1 |
|
Operating Lease Maturing Within 4 Years |
- |
- |
- |
423.9 |
401.7 |
|
Operating Lease Maturing Within 5 Years |
2,054.4 |
2,047.4 |
2,158.4 |
350.8 |
368.0 |
|
Operating Lease Maturing Thereafter |
997.4 |
1,108.2 |
1,124.9 |
996.9 |
970.6 |
|
Total Operating Leases |
4,103.6 |
4,116.3 |
4,267.6 |
4,089.8 |
3,813.6 |
|
Pension Obligation |
42,772.1 |
36,388.2 |
42,969.7 |
36,774.9 |
31,820.9 |
|
Fair Value of Plan Assets |
31,155.5 |
28,128.7 |
32,910.9 |
30,906.2 |
28,365.5 |
|
Funded Status |
-11,616.6 |
-8,259.5 |
-10,058.8 |
-5,868.7 |
-3,455.4 |
|
Total Funded Status |
-11,616.6 |
-8,259.5 |
-10,058.8 |
-5,868.7 |
-3,455.4 |
|
Discount Rate - Germany |
3.10% |
4.70% |
4.00% |
5.30% |
6.40% |
|
Discount Rate - USA |
2.90% |
4.10% |
4.80% |
5.69% |
6.79% |
|
Discount Rate - Great Britain |
4.40% |
5.70% |
5.30% |
5.70% |
6.50% |
|
Compensation Rate - Germany |
2.25% |
2.25% |
2.25% |
2.25% |
2.25% |
|
Compensation Rate - USA |
3.69% |
3.50% |
3.52% |
3.76% |
4.05% |
|
Compensation Rate - GB |
4.10% |
5.00% |
5.00% |
4.90% |
4.50% |
|
Compensation Rate - Switzerland |
1.50% |
1.50% |
1.50% |
1.50% |
2.50% |
|
Compensation Rate - Netherlands |
2.98% |
2.95% |
2.95% |
2.95% |
2.95% |
|
Expected Rate of Return - Germany |
6.50% |
6.50% |
6.50% |
6.50% |
6.50% |
|
Expected Rate of Return - USA |
6.96% |
6.95% |
6.95% |
6.97% |
6.97% |
|
Expected Rate of Return - Great Britain |
6.00% |
6.00% |
6.00% |
6.50% |
6.70% |
|
Equity Securities - Domestic |
27.00% |
29.00% |
27.00% |
27.00% |
29.00% |
|
Equity Securities - Foreign |
27.00% |
27.00% |
28.00% |
29.00% |
29.00% |
|
Fixed Income - Domestic |
64.00% |
63.00% |
62.00% |
62.00% |
62.00% |
|
Fixed Income - Foreign |
60.00% |
62.00% |
61.00% |
59.00% |
61.00% |
|
Real Estate - Domestic |
6.00% |
6.00% |
6.00% |
8.00% |
8.00% |
|
Real Estate - Foreign |
7.00% |
8.00% |
9.00% |
9.00% |
10.00% |
|
Cash & Other - Domestic |
3.00% |
2.00% |
5.00% |
3.00% |
1.00% |
|
Cash & Other - Foreign |
6.00% |
3.00% |
2.00% |
3.00% |
0.00% |
Annual Cash Flows
Financials in: USD (mil)
|
|
30-Sep-2012 |
30-Sep-2011 |
30-Sep-2010 |
30-Sep-2009 |
30-Sep-2008 |
|
Period Length |
12 Months |
12 Months |
12 Months |
12 Months |
12 Months |
|
UpdateType/Date |
Updated Normal |
Reclassified
Normal |
Reclassified
Normal |
Reclassified
Normal |
Updated Normal |
|
Filed Currency |
EUR |
EUR |
EUR |
EUR |
EUR |
|
Exchange Rate
(Period Average) |
0.770534 |
0.717768 |
0.740255 |
0.73971 |
0.666382 |
|
Auditor |
Ernst &
Young GmbH |
Ernst &
Young LLP |
Ernst &
Young LLP |
Ernst &
Young LLP |
KPMG LLP |
|
Auditor Opinion |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
Unqualified |
|
|
|
|
|
|
|
|
Net Income After Tax |
5,956.9 |
8,806.5 |
5,757.5 |
3,375.6 |
8,832.8 |
|
Depreciation |
3,561.2 |
3,395.2 |
5,056.4 |
3,881.2 |
4,821.6 |
|
Income Taxes |
2,717.6 |
3,109.6 |
2,312.7 |
2,017.0 |
1,247.0 |
|
Net Interest |
-658.0 |
-674.3 |
-386.4 |
93.3 |
-112.5 |
|
Gain on Asset Sale |
-189.5 |
-291.2 |
-352.6 |
-586.7 |
-7,641.3 |
|
Gain on Investments |
-273.8 |
-1,419.7 |
-97.3 |
-474.5 |
-52.5 |
|
Gain on Securities |
2.6 |
-1.4 |
17.6 |
14.9 |
-7.5 |
|
Investment Income |
484.1 |
-61.3 |
72.9 |
2,668.6 |
-492.2 |
|
Other Non-Cash Items |
142.8 |
96.1 |
-77.0 |
478.6 |
574.7 |
|
Inventories |
-110.3 |
-1,568.8 |
72.9 |
-83.8 |
-2,447.5 |
|
Accounts Receivable |
203.8 |
-870.8 |
-71.6 |
1,492.5 |
-1,632.7 |
|
Other Current Assets |
- |
- |
-209.4 |
139.2 |
250.6 |
|
Accounts Payable |
255.7 |
907.0 |
-20.3 |
-1,446.5 |
1,079.0 |
|
Short Term Provisions |
- |
- |
744.3 |
-742.2 |
2,121.9 |
|
Other Current Liabs. |
- |
- |
1,346.8 |
-1,030.1 |
6,628.3 |
|
Other Assets/Liabs. |
-2,878.5 |
-33.4 |
-278.3 |
-482.6 |
300.1 |
|
Income Taxes Paid |
-1,897.4 |
-2,252.8 |
-2,535.6 |
-2,076.5 |
-2,347.0 |
|
Dividends Received |
393.2 |
372.0 |
714.6 |
596.2 |
505.7 |
|
Discontinued Operations |
-31.1 |
-437.5 |
- |
- |
- |
|
Interest Received |
1,085.0 |
1,086.7 |
926.7 |
1,039.6 |
1,313.1 |
|
Assets |
-486.7 |
-810.8 |
-840.3 |
-625.9 |
- |
|
Loss/Gain from Disc. Op. |
772.2 |
1,469.8 |
475.5 |
- |
- |
|
Cash from Operating Activities |
9,049.6 |
10,821.0 |
12,629.4 |
8,247.8 |
12,941.5 |
|
|
|
|
|
|
|
|
Capital Expenditures |
-2,862.9 |
-3,013.5 |
-2,639.6 |
-3,325.6 |
-5,583.9 |
|
Acquisitions |
-1,705.3 |
-422.1 |
-586.3 |
-281.2 |
-8,114.0 |
|
Purch. Investments |
-303.7 |
-1,008.7 |
-537.7 |
-1,314.0 |
-226.6 |
|
Purchase Secs. |
-236.2 |
-142.1 |
-186.4 |
-70.3 |
-24.0 |
|
Receivables from Financing |
-2,708.5 |
-2,466.0 |
-259.4 |
-669.2 |
-3,669.1 |
|
Sale of Assets |
977.2 |
2,936.9 |
790.3 |
1,654.7 |
1,205.0 |
|
Sale of Businesses |
120.7 |
246.6 |
232.4 |
-316.3 |
15,728.2 |
|
Sale of Securities |
184.3 |
52.9 |
59.4 |
47.3 |
73.5 |
|
Discontinued Operations |
-843.6 |
-1,818.1 |
-718.7 |
- |
- |
|
Cash from Investing Activities |
-7,378.0 |
-5,634.1 |
-3,846.0 |
-4,274.6 |
-610.8 |
|
|
|
|
|
|
|
|
Issuance of Common |
- |
- |
- |
- |
0.0 |
|
Repurchase of Stock |
-2,233.5 |
0.0 |
- |
- |
-6,527.8 |
|
Issue of Treasury |
385.4 |
-1,064.4 |
198.6 |
181.2 |
372.2 |
|
Issuance of Debt |
6,635.7 |
157.4 |
0.0 |
5,371.0 |
8,595.7 |
|
Repayment of Debt |
-4,176.3 |
-2,850.5 |
-60.8 |
-1,454.6 |
-1,036.9 |
|
S/T Debt Changes |
-80.5 |
316.3 |
-979.4 |
-481.3 |
-6,955.5 |
|
Interest Paid |
-652.8 |
-661.8 |
-590.3 |
-1,026.1 |
-1,244.0 |
|
Dividends Paid |
-3,411.9 |
-3,282.4 |
-1,875.0 |
-1,865.6 |
-2,193.9 |
|
Minority Dividends |
-201.2 |
-220.1 |
-258.0 |
-217.7 |
-207.1 |
|
Financing of Discontinued Operations |
-924.0 |
-2,233.3 |
-252.6 |
- |
- |
|
Discontinued Operations |
874.7 |
2,255.6 |
243.2 |
- |
- |
|
Cash from Financing Activities |
-3,784.4 |
-7,583.2 |
-3,574.4 |
507.0 |
-9,197.4 |
|
|
|
|
|
|
|
|
Foreign Exchange Effects |
88.3 |
7.0 |
225.6 |
-52.7 |
-148.6 |
|
Net Change in Cash |
-2,025.9 |
-2,389.4 |
5,434.6 |
4,427.4 |
2,984.8 |
|
|
|
|
|
|
|
|
Net Cash - Beginning Balance |
16,238.1 |
19,821.2 |
13,784.4 |
9,367.2 |
7,413.2 |
|
Net Cash - Ending Balance |
14,210.9 |
17,431.8 |
19,219.1 |
13,794.6 |
10,397.9 |
|
Cash Interest Paid |
652.8 |
661.8 |
590.3 |
1,026.1 |
1,244.0 |
|
Cash Taxes Paid |
1,897.4 |
2,252.8 |
2,535.6 |
2,076.5 |
2,347.0 |
Financial
Health
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Ratio
Comparisons
|
||||||
|
|
||||||
|
|
Company |
Industry |
Sector |
S&P 500 |
|
Valuation Ratios |
||||
|
P/E Excluding Extraordinary (TTM) javascript:void(0); |
14.18 |
23.11 |
22.09 |
19.68 |
|
P/E High Excluding Extraordinary - Last 5 Yrs javascript:void(0); |
35.14 |
38.44 |
42.91 |
32.79 |
|
P/E Low Excluding Extraordinary - Last 5 Yrs javascript:void(0); |
8.22 |
7.26 |
12.36 |
10.71 |
|
Beta javascript:void(0); |
1.62 |
1.51 |
1.19 |
1.00 |
|
Price/Revenue (TTM) javascript:void(0); |
0.91 |
1.99 |
4.07 |
2.57 |
|
Price/Book (MRQ) javascript:void(0); |
2.26 |
2.85 |
4.73 |
3.67 |
|
Price to Tangible Book (MRQ) javascript:void(0); |
7.87 |
6.68 |
6.85 |
5.21 |
|
Price to Cash Flow Per Share (TTM) javascript:void(0); |
9.00 |
15.56 |
17.48 |
14.22 |
|
Price to Free Cash Flow Per Share (TTM) javascript:void(0); |
14.97 |
26.15 |
23.00 |
26.26 |
|
|
|
|
|
|
|
Dividends |
||||
|
Dividend Yield javascript:void(0); |
3.72% |
1.56% |
1.65% |
2.26% |
|
Dividend Per Share - 5 Yr Avg javascript:void(0); |
3.08 |
0.88 |
0.71 |
1.99 |
|
Dividend 5 Yr Growth javascript:void(0); |
13.40% |
-2.92% |
7.13% |
0.08% |
|
Payout Ratio (TTM) javascript:void(0); |
50.84% |
14.56% |
10.38% |
25.98% |
|
|
|
|
|
|
|
Growth Rates (%) |
||||
|
Revenue (MRQ) vs Qtr 1 Yr Ago javascript:void(0); |
6.99% |
24.30% |
28.50% |
15.58% |
|
Revenue (TTM) vs TTM 1 Yr Ago javascript:void(0); |
6.85% |
18.15% |
18.25% |
17.69% |
|
Revenue 5 Yr Growth javascript:void(0); |
1.56% |
8.07% |
16.94% |
8.97% |
|
EPS (MRQ) vs Qtr 1 Yr Ago javascript:void(0); |
-1.22% |
28.64% |
41.24% |
19.49% |
|
EPS (TTM) vs TTM 1 Yr Ago javascript:void(0); |
-29.86% |
52.59% |
49.53% |
32.55% |
|
EPS 5 Yr Growth javascript:void(0); |
7.61% |
8.68% |
20.44% |
9.86% |
|
Capital Spending 5 Yr Growth javascript:void(0); |
-10.07% |
-8.11% |
9.78% |
-2.04% |
|
|
|
|
|
|
|
Financial Strength |
||||
|
Quick Ratio (MRQ) javascript:void(0); |
0.85 |
1.43 |
1.98 |
1.24 |
|
Current Ratio (MRQ) javascript:void(0); |
1.22 |
2.32 |
2.38 |
1.79 |
|
LT Debt/Equity (MRQ) javascript:void(0); |
0.55 |
0.47 |
0.31 |
0.64 |
|
Total Debt/Equity (MRQ) javascript:void(0); |
0.67 |
0.56 |
0.36 |
0.73 |
|
Interest Coverage (TTM) javascript:void(0); |
- |
8.11 |
11.30 |
13.80 |
|
|
|
|
|
|
|
Profitability Ratios (%) |
||||
|
Gross Margin (TTM) javascript:void(0); |
28.36% |
29.75% |
55.32% |
45.21% |
|
Gross Margin - 5 Yr Avg javascript:void(0); |
28.44% |
28.96% |
53.24% |
44.91% |
|
EBITD Margin (TTM) javascript:void(0); |
12.50% |
11.29% |
25.78% |
24.43% |
|
EBITD Margin - 5 Yr Avg javascript:void(0); |
11.76% |
9.83% |
21.39% |
22.84% |
|
Operating Margin (TTM) javascript:void(0); |
9.30% |
9.24% |
22.29% |
20.63% |
|
Operating Margin - 5 Yr Avg javascript:void(0); |
7.74% |
5.89% |
17.62% |
18.28% |
|
Pretax Margin (TTM) javascript:void(0); |
9.30% |
8.67% |
22.54% |
17.95% |
|
Pretax Margin - 5 Yr Avg javascript:void(0); |
8.11% |
5.28% |
18.75% |
17.10% |
|
Net Profit Margin (TTM) javascript:void(0); |
6.62% |
6.72% |
17.35% |
13.65% |
|
Net Profit Margin - 5 Yr Avg javascript:void(0); |
5.79% |
3.54% |
12.72% |
12.10% |
|
Effective Tax Rate (TTM) javascript:void(0); |
28.77% |
22.71% |
23.73% |
28.45% |
|
Effective Tax rate - 5 Yr Avg javascript:void(0); |
28.68% |
26.45% |
24.82% |
29.92% |
|
|
|
|
|
|
|
Management Effectiveness (%) |
||||
|
Return on Assets (TTM) javascript:void(0); |
4.88% |
5.54% |
12.89% |
8.54% |
|
Return on Assets - 5 Yr Avg javascript:void(0); |
4.29% |
4.03% |
10.70% |
8.40% |
|
Return on Investment (TTM) javascript:void(0); |
8.29% |
4.69% |
13.09% |
7.90% |
|
Return on Investment - 5 Yr Avg javascript:void(0); |
7.42% |
2.88% |
11.50% |
8.27% |
|
Return on Equity (TTM) javascript:void(0); |
16.23% |
13.32% |
25.23% |
19.72% |
|
Return on Equity - 5 Yr Avg javascript:void(0); |
14.28% |
13.44% |
21.05% |
20.06% |
|
|
|
|
|
|
|
Efficiency |
||||
|
Revenue/Employee (TTM) javascript:void(0); |
273,487.30 |
348,696.31 |
617,868.03 |
927,613.77 |
|
Net Income/Employee (TTM) javascript:void(0); |
18,111.16 |
18,436.29 |
132,630.14 |
116,121.92 |
|
Receivables Turnover (TTM) javascript:void(0); |
5.21 |
6.20 |
8.08 |
13.25 |
|
Inventory Turnover (TTM) javascript:void(0); |
3.64 |
6.90 |
19.61 |
14.53 |
|
Asset Turnover (TTM) javascript:void(0); |
0.74 |
1.06 |
0.75 |
0.93 |
|
Annual Ratios
Financials in: USD (mil)
Except for share items (millions) and per share items (actual units)
|
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Stock
Report
Stock Snapshot
Traded: New York Stock Exchange: SI
As of 7-Dec-2012 US Dollars
Recent Price $104.65 EPS $7.04
52 Week High $105.40 Price/Sales 0.91
52 Week Low $77.88 Dividend
Rate $3.89
Avg. Volume (mil) 0.44 Price/Earnings 13.53
Market Value (mil) $92,190.90 Price/Book 2.26
Beta 1.62
Price % Change Rel S&P 500%
4 Week 3.85% 1.05%
13 Week 5.95% 7.43%
52 Week 7.75% -6.21%
Year to Date 9.46% -2.93%
2
Year Weekly End Price & Volume
|
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FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.58.45 |
|
UK Pound |
1 |
Rs.91.60 |
|
Euro |
1 |
Rs.77.91 |
INFORMATION DETAILS
|
Report Prepared
by : |
SDA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
---- |
NB |
New Business |
---- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.