Siemens 2005 Annual Report Download - page 165

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165
12 Other current assets
13 Long-term investments
Miscellaneous investments generally include interests in other companies for which there is
no readily determinable market value and which are recorded at the lower of cost or net realizable
value. In fiscal 2005, the Companys entire investment in Juniper, previously reported in Long-
term investments, was reclassified to Marketable securities and accounted for as an available-for-
sale investment (for further information see Note 9). As of September 30, 2004, a certain portion
of Juniper shares were subject to sales restrictions and were reported at cost. Juniper shares not
subject to sales restrictions were accounted as available-for-sale investment. The fair value of the
non-restricted portion amounted to €459 at September 30, 2004 (cost amounted to €111 and
unrealized gains to €348).
Notes to Consolidated Financial Statements
Consolidated Financial Statements Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated
and per share amounts)
September 30,
2005 2004
Taxes receivable 1,247 1,033
Loans receivable 535 446
Other receivables from associated and related companies 258 304
Other 3,190 2,615
5,230 4,398
September 30,
2005 2004
Investments in associated companies 2,976 2,823
Miscellaneous investments 792 1,299
3,768 4,122