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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

507839

Report Date :

14.05.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

SIEMENS AKTIENGESELLSCHAFT

 

 

Registered Office :

Werner-von-Siemens-Str. 1 D 80333 München

 

 

Country :

Germany

 

 

Financials (as on) :

30.09.2017

 

 

Date of Incorporation :

01.10.1847

 

 

Com. Reg. No.:

HRB 6684

 

 

Legal Form :

Public limited company

 

 

Line of Business :

·         Manufacture of electric motors, generators and transformators

·         Wholesale of electronic and telecommunications equipment and parts

 

 

No. of Employees :

92,500

 

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A++

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

 

Status :

Excellent

 

 

Payment Behaviour :

Regular

 

 

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

 

Country Name

Previous Rating

(30.09.2017)

Current Rating

(31.12.2017)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

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 a large increase in 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 economic growth 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. The German Government introduced a minimum wage in 2015 that increased to $9.79 (8.84 euros) in January 2017.

 

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 and in 2017 Germany reached a budget surplus of 0.7%. 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.

 

The German economy suffers from low levels of investment, and a government plan to invest 15 billion euros during 2016-18, largely in infrastructure, is intended to spur needed private investment. 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 plans to replace nuclear power largely with renewable energy, which accounted for 29.5% of gross electricity consumption in 2016, up from 9% in 2000. 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. Domestic consumption, investment, and exports are likely to drive German GDP growth in 2018, and the country’s budget and trade surpluses are likely to remain high.

 

Source : CIA

 


Company name and address

 

Siemens Aktiengesellschaft

 

 Company Status:         active

                                    Werner-von-Siemens-Str. 1

                                    D 80333 München

                                    Telephone:089/636-00

                                    Telefax:  069/66826664

                                    Homepage: www.siemens.com

                                    E-mail:   contact@siemens.com

 

 VAT no.:                      DE129274202

 

 

 CONCLUSION

 

 Business relations are permissible.

 

 

 LEGAL FORM              Public limited company

 Date of foundation:      01.10.1847

 Begin of business

 activities:                                 01.10.1847

 Registered on:             28.08.1996

 Commercial Register:   Local court 80333 München

 under:                                       HRB 6684

 

 Share capital:                 EUR      2,550,000,000.00

 

                      The company is listed on the stock market.

 

 Shareholder:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Public limited company

                      Share capital:     EUR      2,550,000,000.00

                      Share:                               4.750 %

                      Registered on: 28.08.1996

                      Reg. data: 80333 München, HRB 6684

 Shareholder:

                      BlackRock, Inc.

                      40 East 52nd Street

                      USA 10022 New York

                      Legal form: Other legal form

                      Share:                               5.740 %

 Shareholder:

                      DIC Company Limited

                      KY  George Town

                      Legal form: Other legal form

                      Share:                               3.040 %

 Shareholder:

                      Werner Siemens-Stiftung

                      CH CH-6300 Zug

                      Legal form: Other legal form

                      Share:                               3.030 %

 President of the Board of Directors:

                      Josef genannt Joe Kaeser

                      D 93471 Arnbruck

                      authorized to jointly represent the company

                      born: 23.06.1957 in Arnbruck/Kreis Regen

                      Profession: Fully qualified management

                      expert

 Member of the Board of Directors:

                      Dr. rer .nat. Roland Busch

                      D 80333 München

                      authorized to jointly represent the company

                      born: 22.11.1964 in Erlangen

                      Marital status: unknown

 Member of the Board of Directors:

                      Klaus Helmrich

                      D 80331 München

                      authorized to jointly represent the company

                      born: 24.05.1958 in Mitterteich

 Member of the Board of Directors:

                      Michael Sen

                      Lusenstr. 2

                      D 81679 München

                      born: 17.11.1968 in Korschenbroich

 Member of the Board of Directors:

                      Dr. rer. pol. Ralf P. Thomas

                      D 91080 Marloffstein

                      authorized to jointly represent the company

                      born: 07.03.1961 in Nürnberg

 Member of the Board of Directors:

                      Janina Kugel

                      D 81543 München

                      authorized to jointly represent the company

                      born: 12.01.1970 in Stuttgart

                      Profession: Director

 Member of the Board of Directors:

                      Lisa Davis

                      USA  Houston

                      authorized to jointly represent the company

                      born: 15.10.1963 in USA

                      Nationality: USA

 Member of the Board of Directors:

                      Cedrik Francis Wolfgang Neike

                      Isoldestr. 2 Etage 2

                      D 12159 Berlin

                      born: 07.03.1973

                      Marital status: unknown

 President of the Supervisory Board:

                      Jim Hagemann Snabe

                      DK  Kopenhagen

                      born: 27.10.1965 in Egedal/Dänemark

                      Nationality: danish

                      Marital status: unknown

 Vice-president of the Supervisory Board:

                      Werner Fritz Wenning

                      Köschenberg 24

                      D 51379 Leverkusen

                      born: 21.10.1946 in Leverkusen-Opladen

                      Marital status: married

 Vice-president of the Supervisory Board:

                      Birgit Steinborn

                      D 80333 München

                      born: 26.03.1960

                      Marital status: unknown

 Shareholder representative within the Supervisory Board:

                      Dr. Nicola Leibinger-Kammüller

                      Im Heidewinkel 10

                      D 70839 Gerlingen

                      born: 15.12.1959 in Wilmington, Ohio, USA

                      née: Leibinger

                      Profession: Manager

                      Marital status: married

Shareholder representative within the Supervisory Board:

                      Dr.-Ing.Dr.-Ing.E.h. Norbert Reithofer

                      D 82377 Penzberg

                      born: 29.05.1956 in Penzberg

                      Marital status: unknown

 Shareholder representative within the Supervisory Board:

                      Dr. Werner Brandt

                      D 61348 Bad Homburg

                      born: 03.01.1954 in Herne

                      Profession: Business consultant

 Shareholder representative within the Supervisory Board:

                      Michael Diekmann

                      D 80802 München

                      born: 23.12.1954 in Bielefeld

                      Profession: manager

 Shareholder representative within the Supervisory Board:

                      Matthias Zachert

                      D 53111 Bonn

                      born: 08.11.1967 in Bonn

 Shareholder representative within the Supervisory Board:

                      Dr. Nathalie von Siemens

                      Wehrlestr. 30

                      D 81679 München

                      born: 14.07.1971

                      Profession: qualified philosopher

 Shareholder representative within the Supervisory Board:

                      Benoît Potier

                      F 75009 Paris

                      born: 03.09.1957 in Mülhausen

                      Marital status: unknown

 Shareholder representative within the Supervisory Board:

                      Dame Nemat Talaat (Minouche) Shafik

                      GB  London

                      born: 05.02.1962 in Alexandria

                      Nationality: Egyptian

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Michael Sigmund

                      D 91054 Erlangen

                      born: 13.09.1957

                      Marital status: single

 Representative of the Employees within the Supervisory Board:

                      Jürgen Kerner

                      D 86343 Königsbrunn

                      born: 22.01.1969 in Augsburg

                      Marital status: married

 Representative of the Employees within the Supervisory Board:

                      Bettina Haller

                      D 80331 München

                      born: 14.03.1959

 Representative of the Employees within the Supervisory Board:

                      Harald Kern

                      D 80333 München

                      born: 16.03.1960

 Representative of the Employees within the Supervisory Board:

                      Robert Kensbock

                      D 80333 München

                      born: 13.03.1971

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Reinhard Hahn

                      D 60265 Frankfurt

                      born: 24.06.1956 in Hamburg

                      Marital status: married

 Representative of the Employees within the Supervisory Board:

                      Dorothea Simon

                      D 91207 Lauf

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Gunnar Zukunft

                      D 80331 München

                      born: 21.06.1965 in Kiel

                      Marital status: unknown

 Representative of the Employees within the Supervisory Board:

                      Dr. Andrea Fehrmann

                      D 90402 Nürnberg

                      born: 21.06.1970 in Hagen

                      Marital status: unknown

 

 Further functions/participations of Josef genannt Joe Kaeser

 (President of the Board of Directors)

 Member of the Supervisory Board:

                      Allianz Deutschland AG

                      Königinstr. 28

                      D 80802 München

                      Legal form: Public limited company

                      Share capital:     EUR        200,501,000.00

                      Registered

                      on:         20.09.2005

                      Reg. data:  80333 München, HRB 158878

 Shareholder representative within the Supervisory Board:

                      Daimler AG

                      Mercedesstr. 137

                      D 70327 Stuttgart

                      Legal form: Public limited company

                      Share capital:     EUR      3,069,671,971.76

                      Registered

                      on:         31.07.1998

                      Reg. data:  70190 Stuttgart, HRB 19360

 

 Further functions/participations of Dr. rer .nat. Roland Busch

 (Member of the Board of Directors)

 Member of the Board of Directors:

                      Ost-Ausschuss der Deutschen Wirtschaft

                      Breite Str. 29

                      D 10178 Berlin

                      Legal form: Other legal form

                      Reg. data:  14057 Berlin,

 Vice-president of the Supervisory Board:

                      OSRAM Licht AG

                      Marcel-Breuer-Str. 6

                      D 80807 München

                      Legal form: Public limited company

                      Share capital:     EUR        104,689,400.00

                      Registered

                      on:         06.07.2012

                      Reg. data:  80333 München, HRB 199675

 Member of the Supervisory Board:

                      OSRAM GmbH

                      Marcel-Breuer-Str. 6

                      D 80807 München

                      Post Box:

                      90 06 20

                      Legal form: Private limited company

                      Share capital:     EUR        562,940,000.00

                      Registered

                      on:         25.10.2012

                      Reg. data:  80333 München, HRB 201526

 

 Further functions/participations of Klaus Helmrich (Member of the

 Board of Directors)

Member of the Board of Directors:

                      ZVEI - Zentralverband Elektrotechnik- und

                      Elektronikindustrie

                      Lyoner Str. 9

                      D 60528 Frankfurt

                      Post Box:

                      71 08 44, D 60498 Frankfurt

                      Legal form: Registered association

                      Registered

                      on:         29.03.1949

                      Reg. data:  60313 Frankfurt, VR 4154

 Member of the Supervisory Board:

                      EOS Holding Aktiengesellschaft

                      Robert-Stirling-Ring 1

                      D 82152 Krailling

                      Legal form: Public limited company

                      Share capital:     EUR          5,637,022.00

                      Registered

                      on:         16.10.1997

                      Reg. data:  80333 München, HRB 118140

 

 Further functions/participations of Michael Sen (Member of the

 Board of Directors)

 Member of the Supervisory Board:

                      Siemens Healthcare GmbH

                      Henkestr. 127

                      D 91052 Erlangen

                      Legal form: Private limited company

                      Share capital:     EUR         52,714,867.00

                      Registered

                      on:         03.09.2014

                      Reg. data:  80333 München, HRB 213821

 

 Further functions/participations of Dr. rer. pol. Ralf P. Thomas

 (Member of the Board of Directors)

 Member of the Board of Directors:

                      Deutsches Aktieninstitut

                      Senckenberganlage 28

                      D 60325 Frankfurt

                      Legal form: Registered association

                      Registered

                      on:         23.08.1995

                      Reg. data:  60313 Frankfurt, VR 10739

 Member of the Supervisory Board:

                      Siemens Healthcare GmbH

                      Henkestr. 127

                      D 91052 Erlangen

                      Legal form: Private limited company

                      Share capital:     EUR         52,714,867.00

                      Registered

                      on:         03.09.2014

                      Reg. data:  80333 München, HRB 213821

 

 Further functions/participations of Janina Kugel (Member of the

 Board of Directors)

 Member of the Supervisory Board:

                      Siemens Healthcare GmbH

                      Henkestr. 127

                      D 91052 Erlangen

                      Legal form: Private limited company

                      Share capital:     EUR         52,714,867.00

                      Registered

                      on:         03.09.2014

                      Reg. data:  80333 München, HRB 213821

 Member of the Supervisory Board:

                      PENSIONS-SICHERUNGSVEREIN

                      Versicherungsverein auf Gegenseitigkeit

                      Bahnstr. 6

                      D 50996 Köln

                      Legal form: Mutual insurance society

                      Registered

                      on:         18.03.1975

                      Reg. data:  50939 Köln, HRB 6821

 

 

COMPANY HISTORY

 

 company name and legal form

 28.08.1996 - 10.05.2017  Siemens Aktiengesellschaft

                          Wittelsbacherplatz 2

                          D 80333 München

                          Public limited company

 

 

 RESIGNED ACTING PERSONS AND SHAREHOLDERS

 23.01.2003 - 31.01.2018  President of the Supervisory Board

                          Dr. Gerhard Cromme

                          D 45219 Essen

 01.01.2008 - 31.03.2017  Member of the Board of Directors

                          Prof. Dr.Ing. Siegfried Russwurm

                          D 96247 Michelau

 

 

 BUSINESS ACTIVITIES

 

 Main industrial sector

 27110   Manufacture of electric motors, generators and

 transformators

2790    Manufacture of other electric equipment n.e.c.

46149   Agents involved in the sale of electrotechnical and

 electronical products n.e.c.

46520   Wholesale of electronic and telecommunications equipment

 and parts

 

 

 BRANCHES AND FACTORIES

 

 Works:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 48-52

                      D 92224 Amberg

                      TEL.: 09621/80-0

                      FAX.: 09621/80-3275

 Works:

                      Siemens Aktiengesellschaft

                      Siemensstr. 15

                      D 97616 Bad Neustadt

                      TEL.: 09771/950

 Works:

                      Siemens Aktiengesellschaft

                      Edisonstr. 19

                      D 74076 Heilbronn

                      TEL.: 07131/1830

                      FAX.: 07131/183299

 Works:

                      Siemens Aktiengesellschaft

                      Gleiwitzer Str. 555

                      D 90475 Nürnberg

                      TEL.: 0911/895-0

                      FAX.: 0911/895-2063

 Works:

                      Siemens Aktiengesellschaft

                      Carl-Benz-Str. 22

                      D 60386 Frankfurt

                      TEL.: 069/40082050

                      FAX.: 069/40082480

 Works:

                      Siemens Aktiengesellschaft

                      Vogelweiherstr. 1-15

                      D 90441 Nürnberg

                      TEL.: 0911/4317767

                      FAX.: 0911/4184225

 Works:

                      Siemens Aktiengesellschaft

                      Krauss-Maffei-Str. 2

                      D 80997 München

                      TEL.: 089/636-00

 Works:

                      Siemens Aktiengesellschaft

                      Siemensallee 84

                      D 76187 Karlsruhe

 Works:

                      Siemens Aktiengesellschaft

                      Colmberger Str. 2

                      D 90451 Nürnberg

                      TEL.: 0911/14570

                      FAX.: 0911/1457949

 Works:

                      Siemens Aktiengesellschaft

                      Elsenstr. 87-96

                      D 12435 Berlin

                      TEL.: 030/3860

                      FAX.: 030/38625050

 Works:

                      Siemens Aktiengesellschaft

                      Europaplatz 1

                      D 99091 Erfurt

                      TEL.: 0361/7530

                      FAX.: 0361/7534000

 Works:

                      Siemens Aktiengesellschaft

                      Katzwanger Str. 150

                      D 90461 Nürnberg

                      TEL.: 0911/43122870

 Works:

                      Siemens Aktiengesellschaft

                      Humboldtstr. 59

                      D 90459 Nürnberg

                      TEL.: 0911/433-7141

                      FAX.: 0911/433-5482

 Branch:

                      Siemens Aktiengesellschaft

                      Lindenplatz 2

                      D 20099 Hamburg

                      TEL.: 040/2889-0

                      FAX.: 040/2889-2210

 Branch:

                      Siemens Aktiengesellschaft

                      Henkestr. 127

                      D 91052 Erlangen

                      TEL.: 09131/84-0

 Branch:

                      Siemens Aktiengesellschaft

                      Schützenstr. 4-10

                      D 04103 Leipzig

                      TEL.: 0341/210-0

                      FAX.: 0341/210-2525

 Branch:

                      Siemens Aktiengesellschaft

                      Nonnendammallee 101

                      D 13629 Berlin

                      TEL.: 030/386-0

                      FAX.: 030/386-25050

                      Reg. entry: 01.02.1897

 Branch:

                      Siemens Aktiengesellschaft

                      Rödelheimer Landstr. 5-9

                      D 60487 Frankfurt

                      TEL.: 069/797-0

                      FAX.: 069/797-2253

 Branch:

                      Siemens Aktiengesellschaft

                      Hegelstr. 20

                      D 73230 Kirchheim

                      TEL.: 07021/5080

                      FAX.: 07021/508-488

 Branch:

                      Siemens Aktiengesellschaft

                      Ackerstr. 22

                      D 38126 Braunschweig

                      TEL.: 0531/2260

                      FAX.: 0531/226-4398

 Branch:

                      Siemens Aktiengesellschaft

                      Dynamostr. 4

                      D 68165 Mannheim

                      TEL.: 0621/4560

                      FAX.: 0621/4562907

                      Reg. entry: 01.01.1891

 Branch:

                      Siemens Aktiengesellschaft

                      Weissacher Str. 11

                      D 70499 Stuttgart

                      TEL.: 0711-137-0

                      FAX.: 0711-1372680

 Branch:

                      Siemens Aktiengesellschaft

                      Franz-Geuer-Str. 10

                      D 50823 Köln

                      TEL.: 0221/576-0

 Branch:

                      Siemens Aktiengesellschaft

                      Kruppstr. 16

                      D 45128 Essen

                      TEL.: 0201/816-0

                      FAX.: 0201/816-2377

                      Reg. entry: 04.02.1949

 Branch:

                      Siemens Aktiengesellschaft

                      Röntgenstr. 2

                      D 07407 Rudolstadt

                      TEL.: 03672/4810

                      FAX.: 03672/481336

 Branch:

                      Siemens Aktiengesellschaft

                      Lutherstr. 51

                      D 02826 Görlitz

                      TEL.: 03581/680

                      FAX.: 03581/681461

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Platz 1

                      D 30880 Laatzen

                      TEL.: 0511/8770

                      FAX.: 0511/8772799

 Branch:

                      Siemens Aktiengesellschaft

                      Von-der-Tann-Str. 30

                      D 90439 Nürnberg

                      TEL.: 0911/654-0

                      FAX.: 0911/654-4064

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 67

                      D 91052 Erlangen

                      TEL.: 09131/7-20238

                      FAX.: 09131/7-24598

 Branch:

                      Siemens Aktiengesellschaft

                      Röntgenstr. 19-21

                      D 95478 Kemnath

                      TEL.: 09642/18-0

 Branch:

                      Siemens Aktiengesellschaft

                      Wernerwerkstr. 2

                      D 93049 Regensburg

                      TEL.: 0941/202-0

 Branch:

                      Siemens Aktiengesellschaft

                      Frauenauracher Str. 80

                      D 91056 Erlangen

                      TEL.: 0911/895-5445

                      FAX.: 0911/895-5400

 Branch:

                      Siemens Aktiengesellschaft

                      Lise-Meitner-Str. 13

                      D 89081 Ulm

                      TEL.: 0731/94500

                      FAX.: 0731/9450267

 Branch:

                      Siemens Aktiengesellschaft

                      Südstr. 74

                      D 04178 Leipzig

                      TEL.: 0341-44700

 Branch:

                      Siemens Aktiengesellschaft

                      Freyeslebenstr. 1

                      D 91058 Erlangen

                      TEL.: 09131/18-0

                      FAX.: 09131/185262

 Branch:

                      Siemens Aktiengesellschaft

                      Im Gewerbepark A 52

                      D 93059 Regensburg

 Branch:

                      Siemens Aktiengesellschaft

                      Gründlacher Str. 258-260

                      D 90765 Fürth

                      TEL.: 0911/750-0

                      FAX.: 0911/750-0

 Branch:

                      Siemens Aktiengesellschaft

                      Wiesenstr. 35

                      D 45473 Mülheim

                      TEL.: 0208/4564940

                      FAX.: 0208/4562167

 Branch:

                      Siemens Aktiengesellschaft

                      Siemensallee 1

                      D 17489 Greifswald

                      TEL.: 03834/5550

 Branch:

                      Siemens Aktiengesellschaft

                      Östliche Rheinbrückenstr. 50

                      D 76187 Karlsruhe

                      TEL.: 0721/9920-0

                      FAX.: 0721/9920-555

 Branch:

                      Siemens Aktiengesellschaft

                      Siemensstr. 1

                      D 91301 Forchheim

                      TEL.: 09191/180

 Branch:

                      Siemens Aktiengesellschaft

                      Würzburger Str. 121

                      D 90766 Fürth

                      TEL.: 0911/750-0

                      FAX.: 0911/7502200

 Branch:

                      Siemens Aktiengesellschaft

                      Bürgermeister-Brunner-Str. 15

                      D 34117 Kassel

                      TEL.: 0561/78860

 Branch:

                      Siemens Aktiengesellschaft

                      St.-Martin-Str. 76

                      D 81541 München

                      TEL.: 089/63684750

 Branch:

                      Siemens Aktiengesellschaft

                      Mellinghofer Str. 55

                      D 45473 Mülheim

                      TEL.: 0208/4562018

 Branch:

                      Siemens Aktiengesellschaft

                      Bücklestr. 1-5

                      D 78467 Konstanz

                      TEL.: 07531/8601

                      FAX.: 07531/862421

 Branch:

                      Siemens Aktiengesellschaft

                      Ausschläger Elbdeich 2

                      D 20539 Hamburg

                      TEL.: 040/28892708

                      FAX.: 040/28894325

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 50

                      D 91052 Erlangen

                      TEL.: 09131/7-46169

                      FAX.: 09131/7-25074

 Branch:

                      Siemens Aktiengesellschaft

                      Wolfgang-Reuter-Platz 4

                      D 47053 Duisburg

                      TEL.: 0203/6050

 Branch:

                      Siemens Aktiengesellschaft

                      Friedrich-List-Allee 1

                      D 41844 Wegberg

                      TEL.: 02432/970-0

 Branch:

                      Siemens Aktiengesellschaft

                      Schweriner Str. 1

                      D 33605 Bielefeld

                      TEL.: 0521/291-0

                      FAX.: 0521/291-375

 Branch:

                      Siemens Aktiengesellschaft

                      Clemens-Winkler-Str. 3

                      D 09116 Chemnitz

                      TEL.: 0371/4753600

                      FAX.: 0371/4753700

 Branch:

                      Siemens Aktiengesellschaft

                      Schuhstr. 60

                      D 91052 Erlangen

                      TEL.: 09131/7-44544

                      FAX.: 09131/7-25074

 Branch:

                      Siemens Aktiengesellschaft

                      Rohrdamm 83-85

                      D 13629 Berlin

                      TEL.: 030/38633083

                      FAX.: 030/38635937

 Branch:

                      Siemens Aktiengesellschaft

                      Günther-Scharowsky-Str. 3

                      D 91058 Erlangen

                      TEL.: 09131/70

 Branch:

                      Siemens Aktiengesellschaft

                      Allee am Röthelheimpark 1

                      D 91052 Erlangen

                      TEL.: 09131/847248

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 6

                      D 86159 Augsburg

                      TEL.: 0821/2595-01

                      FAX.: 0821/2595-410

 Branch:

                      Siemens Aktiengesellschaft

                      Friedrichstr.

                      D 57072 Siegen

                      TEL.: 0271/23020

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 1

                      D 99086 Erfurt

                      TEL.: 0361/753-0

                      FAX.: 0361/753-1020

 Branch:

                      Siemens Aktiengesellschaft

                      Gründlacher Str. 258

                      D 90765 Fürth

                      TEL.: 0911/6540

 Branch:

                      Siemens Aktiengesellschaft

                      Washingtonstr. 16-16a

                      D 01139 Dresden

                      TEL.: 0351/8442077

                      FAX.: 0351/8442527

 Branch:

                      Siemens Aktiengesellschaft

                      Overbeckstr. 44

                      D 01139 Dresden

                      TEL.: 0351/8440

                      FAX.: 0351/8442367

 Branch:

                      Siemens Aktiengesellschaft

                      Econova-Allee 3

                      D 45356 Essen

                      TEL.: 0201/86680

 Branch:

                      Siemens Aktiengesellschaft

                      Huttenstr. 12

                      D 10553 Berlin

                      TEL.: 030/3461-0

                      FAX.: 030/3461-2125

 Branch:

                      Siemens Aktiengesellschaft

                      Franz-Geuer-Str. 10

                      D 50823 Köln

                      TEL.: 0221/576-0

 Branch:

                      Siemens Aktiengesellschaft

                      Otto-Hahn-Ring 6

                      D 81739 München

                      TEL.: 089/9221-2200

                      FAX.: 089/9221-4499

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 3

                      D 97076 Würzburg

 Branch:

                      Siemens Aktiengesellschaft

                      Mozartstr. 28

                      D 91052 Erlangen

                      TEL.: 09131/7-46210

 Branch:

                      Siemens Aktiengesellschaft

                      Universitätsallee 16

                      D 28359 Bremen

                      TEL.: 0421/364-0

 Branch:

                      Siemens Aktiengesellschaft

                      Kaiserleistr. 10

                      D 63067 Offenbach

                      TEL.: 069/8073352

                      FAX.: 069/8072036

 Branch:

                      Siemens Aktiengesellschaft

                      Duisburger Str. 145

                      D 47829 Krefeld

                      TEL.: 02151/4500

 Branch:

                      Siemens Aktiengesellschaft

                      Siemensstr. 12

                      D 93055 Regensburg

 Branch:

                      Siemens Aktiengesellschaft

                      Nonnendammallee 104

                      D 13629 Berlin

                      TEL.: 030/386-0

 Branch:

                      Siemens Aktiengesellschaft

                      Industriestr. 15

                      D 18069 Rostock

                      TEL.: 0381/780

                      FAX.: 0381/784202

 Branch:

                      Siemens Aktiengesellschaft

                      Nonnendammallee 72

                      D 13629 Berlin

                      TEL.: 030/38632595

                      FAX.: 030/38633149

 Branch:

                      Siemens Aktiengesellschaft

                      Schweinfurter Str. 1

                      D 97080 Würzburg

 Branch:

                      Siemens Aktiengesellschaft

                      Rudower Chaussee 29

                      D 12489 Berlin

                      TEL.: 030/63920

 Branch:

                      Siemens Aktiengesellschaft

                      Löwenstr. 11a

                      D 44135 Dortmund

                      TEL.: 0231/5761005

                      FAX.: 0231/5761206

 Branch:

                      Siemens Aktiengesellschaft

                      Klaus-Bungert-Str. 6

                      D 40468 Düsseldorf

                      TEL.: 0211/6916-0

 Branch:

                      Siemens Aktiengesellschaft

                      Am Schürholz 1

                      D 49078 Osnabrück

                      TEL.: 0541/12130

 Branch:

                      Siemens Aktiengesellschaft

                      Alfred-Flender-Str. 77

                      D 46395 Bocholt

                      TEL.: 02871/92-0

                      FAX.: 02871/92-2596

 Branch:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Allee 4

                      D 66115 Saarbrücken

 Branch:

                      Siemens Aktiengesellschaft

                      Hartmannstr. 16

                      D 91052 Erlangen

                      TEL.: 09131/84-0

                      FAX.: 09131/84-2924

 Branch:

                      Siemens Aktiengesellschaft

                      Am Industriepark 2

                      D 46562 Voerde

                      TEL.: 02871/920

                      FAX.: 02871/921517

 Branch:

                      Siemens Aktiengesellschaft

                      Südstr. 111

                      D 44625 Herne

                      TEL.: 02323/940101

 Branch:

                      Siemens Aktiengesellschaft

                      Auf der Weide 10

                      D 89312 Günzburg

                      TEL.: 08221/9040

                      FAX.: 08221/904203

 Branch:

                      Siemens Aktiengesellschaft

                      Hans-Loher-Str. 32

                      D 94099 Ruhstorf

                      TEL.: 08531/39399

 Branch:

                      Siemens Aktiengesellschaft

                      Berliner Ring 23

                      D 76437 Rastatt

                      TEL.: 07222/5980

                      FAX.: 07222/53182

 Branch:

                      Siemens Aktiengesellschaft

                      Gutenbergstr. 5

                      D 96050 Bamberg

                      TEL.: 0911/91650-0

                      FAX.: 0911/9181121

 Branch:

                      Siemens Aktiengesellschaft

                      Mozartstr. 31c

                      D 91052 Erlangen

                      TEL.: 09131/7-20973

                      FAX.: 09131/8835-20973

 Branch:

                      Siemens Aktiengesellschaft

                      Ziegeleistr. 5

                      D 99880 Waltershausen

                      TEL.: 03622/650641

 Branch:

                      Siemens Aktiengesellschaft

                      Lyoner Str. 27

                      D 60528 Frankfurt

 Branch:

                      Siemens Aktiengesellschaft

                      Neuenhofstr. 194

                      D 52078 Aachen

                      TEL.: 0241/4510

                      FAX.: 0241/451220

 Branch:

                      Siemens Aktiengesellschaft

                      Wittelsbacherplatz 2

                      D 80333 München

                      TEL.: 089/63600

 

 

 PARTICIPATIONS

 

 General partner:

                      Siemens Beteiligungsverwaltung GmbH & Co.

                      OHG

                      Südliche Münchner Str. 1

                      D 82031 Grünwald

                      Legal form: General partnership with private

                                  limited company as partner

                      Company Status: active

                      Reg. data:  24.06.2004

                                  Local court 80333 München

                                  HRA 84224

 Limited partner:

                      Voith Hydro Holding GmbH & Co.KG

                      Alexanderstr. 11

                      D 89522 Heidenheim

                      Post Box:

                      20 10

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR         23,519,426.54

                      contribution:

                      Share:             EUR          8,231,799.29

                      Reg. data:  17.12.1996

                                  Local court 89073 Ulm

                                  HRA 661051

 Limited partner:

                      IFTEC GmbH & Co. KG

                      Teslastr. 2

                      D 04347 Leipzig

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR            700,000.00

                      contribution:

                      Share:             EUR            350,000.00

                      Reg. data:  15.09.2004

                                  Local court 04275 Leipzig

                                  HRA 14525

 Limited partner:

                      Siemens Insulation Center GmbH & Co. KG

                      Werner-von-Siemens-Str. 1

                      D 08297 Zwönitz

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR            100,000.00

                      contribution:

                      Share:             EUR            100,000.00

                      Reg. data:  13.08.2007

                                  Local court 09112 Chemnitz

                                  HRA 6085

 Limited partner:

                      FACTA Grundstücks-Entwicklungsgesellschaft

                      mbH & Co. KG

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             51,129.19

                      contribution:

                      Share:             EUR             51,129.19

                      Reg. data:  07.06.1995

                                  Local court 80333 München

                                  HRA 70255

 Limited partner:

                      BOMA Verwaltungsgesellschaft mbH & Co. KG

                      Tölzer Str. 15

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             25,564.59

                      contribution:

                      Share:             EUR             25,564.59

                      Reg. data:  06.12.2001

                                  Local court 80333 München

                                  HRA 61929

 Limited partner:

                      MAENA Grundstücks-Verwaltungsgesellschaft

                      mbH & Co. KG

                      Tölzer Str. 30

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             25,564.59

                      contribution:

                      Share:             EUR             24,820.15

                      Reg. data:  29.12.1986

                                  Local court 80333 München

                                  HRA 64338

 Limited partner:

                      Infineon Technologies Bipolar GmbH & Co. KG

                      Max-Planck-Str. 5

                      D 59581 Warstein

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR            105,000.00

                      contribution:

                      Share:             EUR             42,000.00

                      Reg. data:  01.08.2007

                                  Local court 59821 Arnsberg

                                  HRA 6424

 Limited partner:

                      Siemens Real Estate GmbH & Co. KG

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR            512,000.00

                      contribution:

                      Share:             EUR             30,720.00

                      Reg. data:  23.09.1994

                                  Local court 80333 München

                                  HRA 69912

 Limited partner:

                      Siemens Fuel Gasification Technology GmbH &

                      Co. KG

                      Halsbrücker Str. 34

                      D 09599 Freiberg

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             25,000.00

                      contribution:

                      Share:             EUR             25,000.00

                      Reg. data:  28.05.2008

                                  Local court 09112 Chemnitz

                                  HRA 6315

 Limited partner:

                      OPTIO Grundstücks-Vermietungsgesellschaft

                      mbH & Co. Objekt Tübingen KG

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             10,480.54

                      contribution:

                      Share:             EUR             10,480.54

                      Reg. data:  17.05.2011

                                  Local court 80333 München

                                  HRA 97160

 Limited partner:

                      MeVis BreastCare GmbH & Co. KG

                      Caroline-Herschel-Str. 1

                      D 28359 Bremen

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR             10,000.00

                      contribution:

                      Share:             EUR              4,900.00

                      Reg. data:  15.01.2002

                                  Local court 28195 Bremen

                                  HRA 22721 HB

 Limited partner:

                      Siemens Campus Erlangen Grundstücks-GmbH &

                      Co. KG

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR              1,000.00

                      Reg. data:  17.07.2014

                                  Local court 80333 München

                                  HRA 102512

 Limited partner:

                      Siemens Middle East Holding GmbH & Co. KG

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Ltd partnership with priv. ltd.

                                  company as general partner

                      Company Status: active

                      Total cap.         EUR              1,000.00

                      contribution:

                      Share:             EUR              1,000.00

                      Reg. data:  24.04.2017

                                  Local court 80333 München

                                  HRA 107043

 Shareholder:

                      Siemens Financial Services GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Post Box:

                      10 12 12

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        619,877,700.00

                      Share:             EUR        619,877,700.00

                      Reg. data:  17.07.1975

                                  Local court 80333 München

                                  HRB 49074

 Shareholder:

                      Atecs Mannesmann GmbH

                      Werner-von-Siemens-Str. 50

                      D 91052 Erlangen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR        253,465,500.00

                      Share:             EUR         78,574,500.00

                      Reg. data:  08.02.2011

                                  Local court 90762 Fürth

                                  HRB 12827

 Shareholder:

                      Maschinenfabrik Reinhausen GmbH

                      Falkensteinstr. 8

                      D 93059 Regensburg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR         20,000,000.00

                      Share:             EUR          5,200,000.00

                      Reg. data:  29.02.1988

                                  Local court 93049 Regensburg

                                  HRB 3687

 Shareholder:

                      Siemens Bank GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          5,000,000.00

                      Share:             EUR          5,000,000.00

                      Reg. data:  15.04.2010

                                  Local court 80333 München

                                  HRB 185214

 Shareholder:

                      Siemens Beteiligungen Inland GmbH

                      Wittelsbacherplatz 2

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,212,000.00

                      Share:             EUR          1,212,000.00

                      Reg. data:  30.10.2001

                                  Local court 80333 München

                                  HRB 139644

 Shareholder:

                      FEAG Fertigungscenter für Elektrische

                      Anlagen GmbH

                      Günther-Scharowsky-Str. 2

                      D 91058 Erlangen

                      Legal form: Private limited company

                      Company Status: insolvent

                      since:          01.06.2006

                      Share capital:     EUR          1,882,000.00

                      Share:             EUR            922,000.00

                      Reg. data:  19.11.1996

                                  Local court 90762 Fürth

                                  HRB 6366

 Shareholder:

                      HSP Hochspannungsgeräte GmbH

                      Camp-Spich-Str. 18

                      D 53842 Troisdorf

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            600,000.00

                      Share:             EUR            600,000.00

                      Reg. data:  21.09.2007

                                  Local court 53721 Siegburg

                                  HRB 9858

 Shareholder:

                      Berliner Vermögensverwaltung GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            512,000.00

                      Share:             EUR            512,000.00

                      Reg. data:  09.10.1959

                                  Local court 14057 Berlin

                                  HRB 3275 B

 Shareholder:

                      Omnetric GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR            510,000.00

                      Reg. data:  14.01.2014

                                  Local court 80333 München

                                  HRB 209510

 Shareholder:

                      Valeo Siemens eAutomotive GmbH

                      Frauenauracher Str. 85

                      D 91056 Erlangen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,000,000.00

                      Share:             EUR            500,000.00

                      Reg. data:  08.09.2016

                                  Local court 90762 Fürth

                                  HRB 15794

 Shareholder:

                      Projektbau-Arena-Berlin GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:             EUR            500,000.00

                      Reg. data:  25.04.2002

                                  Local court 80333 München

                                  HRB 142356

 Shareholder:

                      SIMAR Süd Grundstücks-GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            500,000.00

                      Share:             EUR            500,000.00

                      Reg. data:  04.07.2001

                                  Local court 80333 München

                                  HRB 137905

 Shareholder:

                      MTG Marinetechnik GmbH

                      Wandsbeker Königstr. 62

                      D 22041 Hamburg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          3,068,000.00

                      Share:             EUR            460,200.00

                      Reg. data:  07.10.1966

                                  Local court 20355 Hamburg

                                  HRB 11500

 Shareholder:

                      Kienzle - Rheinapp Rheinische Apparate

                      Gesellschaft mit beschränkter Haftung

                      Willstätterstr. 8

                      D 40549 Düsseldorf

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,840,750.00

                      Share:             EUR            421,100.00

                      Reg. data:  03.06.1947

                                  Local court 40227 Düsseldorf

                                  HRB 261

 Shareholder:

                      UBS Real Estate GmbH

                      Theatinerstr. 16

                      D 80333 München

                      Post Box:

                      10 14 53

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          7,500,000.00

                      Share:             EUR            382,500.00

                      Reg. data:  27.05.1999

                                  Local court 80333 München

                                  HRB 101008

 Shareholder:

                      Weiss Spindeltechnologie GmbH

                      Birkenfelder Weg 14

                      D 96126 Maroldsweisach

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            260,000.00

                      Share:             EUR            260,000.00

                      Reg. data:  06.05.2016

                                  Local court 96047 Bamberg

                                  HRB 8543

 Shareholder:

                      SIMAR Nordost Grundstücks-GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            250,000.00

                      Share:             EUR            250,000.00

                      Reg. data:  04.07.2001

                                  Local court 80333 München

                                  HRB 137906

 Shareholder:

                      SIMAR West Grundstücks-GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            250,000.00

                      Share:             EUR            250,000.00

                      Reg. data:  04.07.2001

                                  Local court 80333 München

                                  HRB 137909

 Shareholder:

                      SIMAR Ost Grundstücks-GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            250,000.00

                      Share:             EUR            250,000.00

                      Reg. data:  04.07.2001

                                  Local court 80333 München

                                  HRB 137908

 Shareholder:

                      SIMAR Nordwest Grundstücks- GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            250,000.00

                      Share:             EUR            250,000.00

                      Reg. data:  04.07.2001

                                  Local court 80333 München

                                  HRB 137907

 Shareholder:

                      inpro Innovationsgesellschaft für

                      fortgeschrittene Produktionssysteme in der

                      Fahrzeugindustrie mbH

                      Steinplatz 2

                      D 10623 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR          1,435,000.00

                      Share:             EUR            205,000.00

                      Reg. data:  06.09.1983

                                  Local court 14057 Berlin

                                  HRB 21171 B

 Shareholder:

                      R & S Restaurant Services GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            100,000.00

                      Share:             EUR            100,000.00

                      Reg. data:  08.01.2002

                                  Local court 80333 München

                                  HRB 140649

 Shareholder:

                      HaCon Ingenieurgesellschaft mbH

                      Lister Str. 15

                      D 30163 Hannover

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             93,000.00

                      Share:             EUR             93,000.00

                      Reg. data:  28.05.1984

                                  Local court 30175 Hannover

                                  HRB 1712

 Shareholder:

                      Agilion GmbH

                      Blankenauer Str. 74

                      D 09113 Chemnitz

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             56,000.00

                      Share:             EUR             56,000.00

                      Reg. data:  08.03.2004

                                  Local court 09112 Chemnitz

                                  HRB 21249

 Shareholder:

                      Ausbildungszentrum für Technik

                      Informationsverarbeitung und Wirtschaft

                      gemeinnützige GmbH (ATIW)

                      Riemekestr. 160

                      D 33106 Paderborn

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             52,000.00

                      Share:             EUR             52,000.00

                      Reg. data:  06.01.1987

                                  Local court 33098 Paderborn

                                  HRB 1346

 Shareholder:

                      VIB Verkehrsinformationsagentur Bayern GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: in liquidation

                      since:          08.11.2016

                      Share capital:     EUR            100,000.00

                      Share:             EUR             51,000.00

                      Reg. data:  23.09.2008

                                  Local court 80333 München

                                  HRB 175491

 Shareholder:

                      VMZ Berlin Betreibergesellschaft mbH

                      Ullsteinstr. 114  Turm C

                      D 12109 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Reg. data:  11.04.2001

                                  Local court 14057 Berlin

                                  HRB 79706 B

 Shareholder:

                      IPGD Grundstücksverwaltungs- Gesellschaft

                      mbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             50,000.00

                      Share:             EUR             50,000.00

                      Reg. data:  18.06.2007

                                  Local court 80333 München

                                  HRB 168449

 Shareholder:

                      BELLIS GmbH

                      Taubenstr. 7

                      D 38106 Braunschweig

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            100,000.00

                      Share:             EUR             49,000.00

                      Reg. data:  09.11.2005

                                  Local court 38100 Braunschweig

                                  HRB 200045

 Shareholder:

                      Transrapid International

                      Verwaltungsgesellschaft mbH

                      Nonnendammallee 101

                      D 13629 Berlin

                      Legal form: Private limited company

                      Company Status: in liquidation

                      since:          19.01.2010

                      Share capital:     EUR             80,000.00

                      Share:             EUR             40,000.00

                      Reg. data:  09.04.1998

                                  Local court 14057 Berlin

                                  HRB 66363 B

 Shareholder:

                      DKS Dienstleistungsgesellschaft für

                      Kommunikationsanlagen des Stadt- und

                      Regionalverkehrs mbH

                      Robert-Perthel-Str. 79

                      D 50739 Köln

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             60,000.00

                      Share:             EUR             29,400.00

                      Reg. data:  16.10.1970

                                  Local court 50939 Köln

                                  HRB 4521

 Shareholder:

                      Siemens Technopark Nürnberg Verwaltungs GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             27,000.00

                      Share:             EUR             27,000.00

                      Reg. data:  08.05.2012

                                  Local court 80333 München

                                  HRB 198647

 Shareholder:

                      Siemens OfficeCenter Verwaltungs GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             27,000.00

                      Share:             EUR             27,000.00

                      Reg. data:  05.04.2012

                                  Local court 80333 München

                                  HRB 198044

 Shareholder:

                      Capta Grundstücks- Verwaltungsgesellschaft

                      mbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             27,000.00

                      Share:             EUR             27,000.00

                      Reg. data:  30.03.1989

                                  Local court 80333 München

                                  HRB 87197

 Shareholder:

                      SILLIT Grundstücks- Verwaltungsgesellschaft

                      mbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             27,000.00

                      Share:             EUR             27,000.00

                      Reg. data:  28.12.2001

                                  Local court 80333 München

                                  HRB 140526

 Shareholder:

                      Siemens Technology Accelerator GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             26,000.00

                      Share:             EUR             26,000.00

                      Reg. data:  26.06.1991

                                  Local court 80333 München

                                  HRB 95482

 Shareholder:

                      Kyros 54 GmbH

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  02.08.2017

                                  Local court 80333 München

                                  HRB 234977

 Shareholder:

                      Verwaltung SeaRenergy Offshore Projects GmbH

                      Lindenplatz 2

                      D 20099 Hamburg

                      Legal form: Private limited company

                      Company Status: in liquidation

                      since:          06.02.2014

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  23.05.2012

                                  Local court 20355 Hamburg

                                  HRB 123113

 Shareholder:

                      Siemens Treasury GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  17.08.2010

                                  Local court 80333 München

                                  HRB 187326

 Shareholder:

                      Kyros 55 GmbH

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  22.12.2017

                                  Local court 80333 München

                                  HRB 237818

 Shareholder:

                      Kyros 56 GmbH

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  22.12.2017

                                  Local court 80333 München

                                  HRB 237817

 Shareholder:

                      Siemens Fuel Gasification Technology

                      Verwaltungs GmbH

                      Halsbrücker Str. 34

                      D 09599 Freiberg

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  18.07.2008

                                  Local court 09112 Chemnitz

                                  HRB 24318

 Shareholder:

                      Kyros 53 GmbH

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  20.06.2017

                                  Local court 80333 München

                                  HRB 234014

 Shareholder:

                      Siemens Middle East Management GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  05.08.2016

                                  Local court 80333 München

                                  HRB 227427

 Shareholder:

                      SIMOS Real Estate GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  11.12.2001

                                  Local court 80333 München

                                  HRB 140203

 Shareholder:

                      Siemens Venture Capital Fund 1 GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  04.04.2007

                                  Local court 80333 München

                                  HRB 167258

 Shareholder:

                      Siemens Global Innovation Partners

                      Management GmbH

                      Wittelsbacherplatz 2

                      D 80333 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  22.05.2007

                                  Local court 80333 München

                                  HRB 168010

 Shareholder:

                      Siemens Insulation Center Verwaltungs-GmbH

                      Werner-von-Siemens-Str. 1

                      D 08297 Zwönitz

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  06.08.2007

                                  Local court 09112 Chemnitz

                                  HRB 23684

 Shareholder:

                      Flender GmbH

                      Alfred-Flender-Str. 77

                      D 46395 Bocholt

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  30.06.2017

                                  Local court 48653 Coesfeld

                                  HRB 16929

 Shareholder:

                      Siemens Immobilien Management GmbH

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  24.09.2014

                                  Local court 80333 München

                                  HRB 214159

 Shareholder:

                      Siemens Mobility GmbH

                      Otto-Hahn-Ring 6

                      D 81739 München

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             25,000.00

                      Reg. data:  27.11.2017

                                  Local court 80333 München

                                  HRB 237219

 Shareholder:

                      IFB Institut für Bahntechnik GmbH

                      Carnotstr. 6

                      D 10587 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR            300,000.00

                      Share:             EUR             20,000.00

                      Reg. data:  13.09.1984

                                  Local court 14057 Berlin

                                  HRB 22641 B

 Shareholder:

                      Modellbau Rhede GmbH

                      Holtkamp 3

                      D 46414 Rhede

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             51,129.19

                      Share:             EUR             15,338.76

                      Reg. data:  16.02.1996

                                  Local court 48653 Coesfeld

                                  HRB 8485

 Shareholder:

                      LIB Verwaltungs-GmbH

                      Teslastr. 2

                      D 04347 Leipzig

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             12,500.00

                      Reg. data:  10.08.2004

                                  Local court 04275 Leipzig

                                  HRB 20860

 Shareholder:

                      egrid applications & consulting GmbH

                      Illerstr. 18

                      D 87435 Kempten

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             12,250.00

                      Reg. data:  09.07.2013

                                  Local court 87435 Kempten

                                  HRB 12007

 Shareholder:

                      EIT ICT Labs Germany GmbH

                      Ernst-Reuter-Platz 7

                      D 10587 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             60,000.00

                      Share:             EUR             10,000.00

                      Reg. data:  07.01.2011

                                  Local court 14057 Berlin

                                  HRB 131380 B

 Shareholder:

                      Infineon Technologies Bipolar Verwaltungs

                      GmbH

                      Max-Planck-Str. 5

                      D 59581 Warstein

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR             10,000.00

                      Reg. data:  31.01.2008

                                  Local court 59821 Arnsberg

                                  HRB 8147

 Shareholder:

                      Voith Hydro Holding Verwaltungs GmbH

                      Alexanderstr. 11

                      D 89522 Heidenheim

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             26,000.00

                      Share:             EUR              9,100.00

                      Reg. data:  21.08.1995

                                  Local court 89073 Ulm

                                  HRB 661210

 Shareholder:

                      Ludwig Bölkow Campus GmbH

                      Willy-Messerschmitt-Str. 1

                      D 82024 Taufkirchen

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             25,000.00

                      Share:             EUR              6,125.00

                      Reg. data:  20.03.2000

                                  Local court 80333 München

                                  HRB 130344

 Shareholder:

                      Hubject GmbH

                      Torgauer Str. 12-15

                      D 10829 Berlin

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             57,700.00

                      Share:             EUR              6,094.00

                      Reg. data:  29.03.2012

                                  Local court 14057 Berlin

                                  HRB 140969 B

 Shareholder:

                      EIT Food CLC CENTRAL GmbH

                      Gregor-Mendel-Str. 4

                      D 85354 Freising

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             30,000.00

                      Share:             EUR              2,500.00

                      Reg. data:  05.12.2017

                                  Local court 80333 München

                                  HRB 237388

 Shareholder:

                      Siemens Aktiengesellschaft

                      Werner-von-Siemens-Str. 1

                      D 80333 München

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR      2,550,000,000.00

                      Share: 4.750 %

                      Reg. data:  28.08.1996

                                  Local court 80333 München

                                  HRB 6684

 Shareholder:

                      OSRAM Licht AG

                      Marcel-Breuer-Str. 6

                      D 80807 München

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR        104,689,400.00

                      Share: 0.100 %

                      Reg. data:  06.07.2012

                                  Local court 80333 München

                                  HRB 199675

 Shareholder:

                      RISICOM Rückversicherung Aktiengesellschaft

                      Marktplatz 3

                      D 82031 Grünwald

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR          2,556,459.41

                      Share: 100.000 %

                      Reg. data:  11.11.1998

                                  Local court 80333 München

                                  HRB 117628

 Shareholder:

                      PROSTEP AG

                      Dolivostr. 11

                      D 64293 Darmstadt

                      Legal form: Public limited company

                      Company Status: active

                      Share capital:     EUR          3,342,100.00

                      Reg. data:  13.12.2001

                                  Local court 64283 Darmstadt

                                  HRB 8383

 

 

FINANCIAL INFORMATION

 

 Payment experience:  takes advantage of cash discount

 

 Negative information:We have no negative information at hand.

 

 

 Balance sheet year:  2016/2017

 

 

 PMI:              No significant / relevant payment experience

                      information pertaining to the company

                      inquired upon is shown in the Deutscher

                      Debitoren Monitor (DDMonitor).

 

 

 

 REAL ESTATE

 Type of ownership:   proprietor

 Share:                100.00 %

 Address              Wittelsbacherplatz 2

                      D 80333 München

 

 Type of ownership:   Tenant

 Address              Werner-von-Siemens-Str. 1

                      D 80333 München

 

 Real Estate of:      Michael Sen

 Type of ownership:   unknown

 Address              Lusenstr. 2

                      D 81679 München

 

 Real Estate of:      Cedrik Francis Wolfgang Neike

 Type of ownership:   Tenant

 Address              Isoldestr. 2

                      D 12159 Berlin

 

 Land register documents were not available.

 

 

 BANKERS

 

 DEUTSCHE BANK, 80271 MÜNCHEN

 Sort. code: 70070010

 BIC: DEUTDEMMXXX

 

 

 FINANCIAL FIGURES

 

 Turnover:            2015/2016          EUR     25,763,000,000.00

                      2016/2017          EUR     26,888,000,000.00

 Profit:              2015/2016          EUR      2,999,000,000.00

                      2016/2017          EUR      4,075,000,000.00

 further business figures:

 Equipment:                              EUR        553,000,000.00

 Ac/ts receivable:                       EUR     19,884,000,000.00

 Liabilities:                            EUR     28,896,000,000.00

 Real estate of the firm:                EUR        404,000,000.00

 Employees:                                                 92,500

 

 

 BALANCE SHEETS

 

 Balance sheet ratios 01.10.2016 - 30.09.2017

 Equity ratio [%]:                                   28.31

 Liquidity ratio:                                      0.71

 Return on total capital [%]:                    5.99

 

 Balance sheet ratios 01.10.2015 - 30.09.2016

 Equity ratio [%]:                                   25.81

 Liquidity ratio:                                      0.63

 Return on total capital [%]:                    4.44

 

 Equity ratio

 The equity ratio indicates the portion of the equity as compared

 to the total capital. The higher the equity ratio, the better the

 economic stability (solvency) and thus the financial autonomy of

 a company.

 

 Liquidity ratio

 The liquidity ratio shows the proportion between adjusted

 receivables and net liabilities. The higher the ratio, the lower

 the company's financial dependancy from external creditors.

 

 Return on total capital

 The return on total capital shows the efficiency and return on

 the total capital employed in the company. The higher the return

 on total capital, the more economically does the company work

 with the invested capital.

 

 

 Type of balance

 sheet:               Company balance sheet

 Origin of the present

 balance sheet:       self-disclosure

 

 Financial year:      01.10.2016 - 30.09.2017

 

 ASSETS                                  EUR     70,239,000,000.00

  Fixed assets                           EUR     47,150,000,000.00

   Intangible assets                     EUR        523,000,000.00

    Concessions, licences, rights        EUR        498,000,000.00

    Goodwill                             EUR         25,000,000.00

   Tangible assets                       EUR      1,825,000,000.00

    Land / similar rights                EUR        404,000,000.00

    Plant / machinery                    EUR        736,000,000.00

    Other tangible assets / fixtures and

    fittings                             EUR        553,000,000.00

    Advance payments made / construction

    in progress                          EUR        132,000,000.00

   Financial assets                      EUR     44,802,000,000.00

    Shares in participations /

    subsidiaries and the like            EUR     34,443,000,000.00

     Shares in related companies         EUR     32,764,000,000.00

     Shares in investee companies        EUR      1,679,000,000.00

    Securities included in fixed assets  EUR      7,491,000,000.00

    Other loans                          EUR      2,868,000,000.00

  Current assets                         EUR     20,768,000,000.00

   Stocks                                EUR                  0.00

    Raw materials, consumables and

    supplies                             EUR        835,000,000.00

    Finished goods / work in progress    EUR      2,098,000,000.00

    Advance payments made                EUR      1,066,000,000.00

    Other / unspecified stocks           EUR      9,522,000,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR    -13,521,000,000.00

   Accounts receivable                   EUR     19,884,000,000.00

    Trade debtors                        EUR      1,809,000,000.00

    Amounts due from related companies   EUR     15,966,000,000.00

    Other debtors and assets             EUR      2,109,000,000.00

   Investments in current assets         EUR         85,000,000.00

    Other investments                    EUR         85,000,000.00

   Liquid means                          EUR        799,000,000.00

  Remaining other assets                 EUR      2,321,000,000.00

   Accruals (assets)                     EUR         87,000,000.00

   Deferred taxes (assets)               EUR      2,174,000,000.00

   Active difference from asset

   offsetting                            EUR         60,000,000.00

 

 LIABILITIES                             EUR     70,239,000,000.00

  Shareholders' equity                   EUR     21,123,000,000.00

   Capital                               EUR      2,447,000,000.00

    Subscribed capital (share capital)   EUR      2,550,000,000.00

    Other capital                        EUR       -103,000,000.00

   Reserves                              EUR     15,531,000,000.00

    Capital reserves                     EUR      7,964,000,000.00

    Retained earnings / revenue reserves EUR      7,567,000,000.00

   Balance sheet profit/loss (+/-)       EUR      3,145,000,000.00

    Balance sheet profit / loss          EUR      3,145,000,000.00

  Items between shareholders' equity and

  debt capital                           EUR        681,000,000.00

   Special items with reserve funds      EUR        681,000,000.00

  Provisions                             EUR     19,178,000,000.00

   Pension provisions and comparable

   provisions                            EUR     11,761,000,000.00

   Other / unspecified provisions        EUR      7,417,000,000.00

  Liabilities                            EUR     28,896,000,000.00

   Financial debts                       EUR         81,000,000.00

    Liabilities due to banks             EUR         81,000,000.00

   Other liabilities                     EUR     28,815,000,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR      1,902,000,000.00

    Liabilities from received advance

    payments                             EUR        750,000,000.00

    Liabililties due to related companiesEUR     24,116,000,000.00

    Unspecified other liabilities        EUR      2,047,000,000.00

     thereof liabilities from tax /

     financial authorities               EUR         81,000,000.00

     thereof liabilities from social

     security                            EUR        223,000,000.00

  Other liabilities                      EUR        361,000,000.00

   Deferrals (liabilities)               EUR        361,000,000.00

 

 PROFIT AND LOSS ACCOUNT (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR     26,888,000,000.00

  Manufacturing costs                    EUR     19,979,000,000.00

  Gross result on sales                  EUR      6,909,000,000.00

  Distribution costs                     EUR      2,613,000,000.00

  General administration expenses        EUR      1,013,000,000.00

  Research and development costs         EUR      2,619,000,000.00

  Other operating income                 EUR        383,000,000.00

  Other operating expenses               EUR        414,000,000.00

  Operating result from continuing

  operations                             EUR        633,000,000.00

  Result from participating interests

  (+/-)                                  EUR      5,408,000,000.00

   Expenses / income from participations EUR      5,408,000,000.00

    Income from transfer of profits      EUR      3,369,000,000.00

    Income from related companies        EUR      2,039,000,000.00

  Expenses for the transfer of losses    EUR          5,000,000.00

  Interest result (+/-)                  EUR        370,000,000.00

   Interest and similar income           EUR        370,000,000.00

    thereof from related companies       EUR        359,000,000.00

  Other financial result                 EUR     -1,945,000,000.00

   Depreciation on financial assets and

   marketable securities                 EUR      1,665,000,000.00

   Profits/losses fm.disposal of

   financ.assets and securities within

   current assets                        EUR         32,000,000.00

   Other financial income                EUR         28,000,000.00

   Other / unspecified financial result

   (+/-)                                 EUR       -340,000,000.00

  Financial result (+/-)                 EUR      3,828,000,000.00

  Result from ordinary operations (+/-)  EUR      4,461,000,000.00

  Income tax / refund of income tax (+/-)EUR       -386,000,000.00

  Tax (+/-)                              EUR       -386,000,000.00

  Annual surplus / annual deficit        EUR      4,075,000,000.00

 

 Type of balance

 sheet:               Company balance sheet

 Origin of the present

 balance sheet:       self-disclosure

 

 Financial year:      01.10.2015 - 30.09.2016

 

 ASSETS                                  EUR     69,815,000,000.00

  Fixed assets                           EUR     47,083,000,000.00

   Intangible assets                     EUR        577,000,000.00

    Concessions, licences, rights        EUR        543,000,000.00

    Goodwill                             EUR         34,000,000.00

   Tangible assets                       EUR      1,895,000,000.00

    Land / similar rights                EUR        444,000,000.00

    Plant / machinery                    EUR        751,000,000.00

    Other tangible assets / fixtures and

    fittings                             EUR        490,000,000.00

    Advance payments made / construction

    in progress                          EUR        162,000,000.00

    Other / unspecified tangible assets  EUR         48,000,000.00

   Financial assets                      EUR     44,611,000,000.00

    Shares in participations /

    subsidiaries and the like            EUR     33,940,000,000.00

     Shares in related companies         EUR     32,040,000,000.00

     Shares in investee companies        EUR      1,900,000,000.00

    Securities included in fixed assets  EUR      7,400,000,000.00

    Other loans                          EUR      3,270,000,000.00

    Other / unspecified financial assets EUR          1,000,000.00

  Current assets                         EUR     20,360,000,000.00

   Stocks                                EUR                  0.00

    Raw materials, consumables and

    supplies                             EUR        823,000,000.00

    Finished goods / work in progress    EUR     11,762,000,000.00

    Advance payments made                EUR      1,005,000,000.00

    Minus received advance payments for

    orders / installments for stocks     EUR    -13,590,000,000.00

   Accounts receivable                   EUR     16,717,000,000.00

    Trade debtors                        EUR      1,903,000,000.00

    Amounts due from related companies   EUR     12,632,000,000.00

    Other debtors and assets             EUR      2,182,000,000.00

   Investments in current assets         EUR        546,000,000.00

    Other investments                    EUR        546,000,000.00

   Liquid means                          EUR      3,097,000,000.00

  Remaining other assets                 EUR      2,372,000,000.00

   Accruals (assets)                     EUR         81,000,000.00

   Deferred taxes (assets)               EUR      2,256,000,000.00

   Active difference from asset

   offsetting                            EUR         35,000,000.00

 

 LIABILITIES                             EUR     69,815,000,000.00

  Shareholders' equity                   EUR     19,368,000,000.00

   Capital                               EUR      2,425,000,000.00

    Subscribed capital (share capital)   EUR      2,550,000,000.00

    Other capital                        EUR       -125,000,000.00

   Reserves                              EUR     13,883,000,000.00

    Capital reserves                     EUR      7,761,000,000.00

    Retained earnings / revenue reserves EUR      6,122,000,000.00

   Balance sheet profit/loss (+/-)       EUR      3,060,000,000.00

    Balance sheet profit / loss          EUR      3,060,000,000.00

  Items between shareholders' equity and

  debt capital                           EUR        700,000,000.00

   Special items with reserve funds      EUR        700,000,000.00

  Provisions                             EUR     19,610,000,000.00

   Pension provisions and comparable

   provisions                            EUR     11,250,000,000.00

   Other / unspecified provisions        EUR      8,360,000,000.00

  Liabilities                            EUR     29,752,000,000.00

   Financial debts                       EUR         14,000,000.00

    Liabilities due to banks             EUR         14,000,000.00

   Other liabilities                     EUR     29,738,000,000.00

    Trade creditors (for IAS incl. bills

    of exchange)                         EUR      1,831,000,000.00

    Liabilities from received advance

    payments                             EUR        619,000,000.00

    Liabililties due to related companiesEUR     24,847,000,000.00

    Unspecified other liabilities        EUR      2,441,000,000.00

     thereof liabilities from tax /

     financial authorities               EUR        127,000,000.00

     thereof liabilities from social

     security                            EUR        231,000,000.00

  Other liabilities                      EUR        385,000,000.00

   Deferrals (liabilities)               EUR        385,000,000.00

  Guarantees and other commitments       EUR     82,714,000,000.00

   Guarantees / warranties               EUR     82,066,000,000.00

    Guarantees                           EUR        199,000,000.00

    Warranties                           EUR     81,867,000,000.00

   Liability from creation of a security

   interest for third parties            EUR         48,000,000.00

   Other guarantees and other commitmentsEUR        600,000,000.00

 

 PROFIT AND LOSS ACCOUNT (cost of sales method) according to Comm.

 Code (HGB)

  Sales                                  EUR     25,763,000,000.00

  Manufacturing costs                    EUR     19,818,000,000.00

  Gross result on sales                  EUR      5,945,000,000.00

  Distribution costs                     EUR      2,548,000,000.00

  General administration expenses        EUR      1,010,000,000.00

  Research and development costs         EUR      2,454,000,000.00

  Other operating income                 EUR      1,503,000,000.00

  Other operating expenses               EUR      1,369,000,000.00

  Operating result from continuing

  operations                             EUR         67,000,000.00

  Result from participating interests

  (+/-)                                  EUR      3,732,000,000.00

  Interest result (+/-)                  EUR        302,000,000.00

   Interest and similar income           EUR        261,000,000.00

    thereof from related companies       EUR        226,000,000.00

   Interest and similar expenses         EUR        -41,000,000.00

  Other financial result                 EUR       -942,000,000.00

   Other / unspecified financial result

   (+/-)                                 EUR       -942,000,000.00

  Financial result (+/-)                 EUR      3,092,000,000.00

  Result from ordinary operations (+/-)  EUR      3,159,000,000.00

  Income tax / refund of income tax (+/-)EUR       -160,000,000.00

  Tax (+/-)                              EUR       -160,000,000.00

  Annual surplus / annual deficit        EUR      2,999,000,000.00

 

 Inconsistent balance sheets:

 Financial year                              published on

 01.10.2014 - 30.09.2015                     27.01.2016

 01.10.2013 - 30.09.2014                     02.02.2015

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 67.22

UK Pound

1

INR 90.87

Euro

1

INR 80.87

Euro

1

INR 80.52

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

Report Prepared by :

DNS

 


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

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 are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.