Siemens 2005 Annual Report Download - page 17

17
Group Presidents Business Areas Megatrends Report of the Supervisory Board Corporate Governance Report
Regional growth markets – Focus on the Americas and Asia
Siemens’ total sales have more than doubled since the beginning of the 1990s. This devel-
opment has resulted in major changes in our regional sales breakdown:
■In absolute terms, sales in Germany have remained virtually unchanged. As a share of
total sales, however, they have declined about 50 percent, accounting now for slightly
more than 20 percent of the total.
■The other European countries account for more than 30 percent of our business world-
wide.
■North and South America now contribute about 25 percent of our global sales.
■Growth in Asia-Pacific, where we now generate substantially more than 10 percent of
our total sales, has been particularly strong.
■In the other economic regions, our primary focus is on growth markets in the Middle
East and Russia.
Sales by region (in billions of euros)*
Africa, Middle East,
C.I.S.
Asia-Pacific
The Americas
Europe
(excluding Germany)
Germany
2005***
1990**
* Sales by location of customer
** Sales as determined under the German Commercial Code
*** Sales as determined under U.S. GAAP
32
8%
13%
25%
33%
30%
45% 21%
15%
6%
4%
75