Siemens 2005 Annual Report Download - page 191

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The current and non-current portion of asset retirement obligations developed as follows:
23 Shareholders’ equity
Common stock and Additional paid-in capital
As of September 30, 2005, the Company’s common stock totaled €2,673 divided into 891,085
thousand shares with no par value and a notional value of €3.00 per share. Each share of common
stock is entitled to one vote.
As of September 30, 2004, the Company’s common stock totaled €2,673 representing 891,076
thousand shares.
The following table provides a summary of outstanding capital and the changes in authorized
and conditional capital for fiscal years 2005 and 2004:
Notes to Consolidated Financial Statements
Consolidated Financial Statements Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated
and per share amounts)
Year ended
September 30,
2005 2004
Aggregate carrying amount as of the beginning of fiscal year
(thereof current portion of €74 and €97) 552 592
Liabilities incurred in the current period 12 4
Liabilities settled in the current period (62) (87)
Accretion expense 28 28
Revision in estimated cash flows 12 15
Aggregate carrying amount as of fiscal year-end
(thereof current portion of €43 and €74) 542 552
Common stock Authorized capital Conditional capital
(authorized and issued) (not issued) (not issued)
in in in in in in
thousands thousand thousands thousand thousands thousand
of € shares of € shares of € shares
As of October 1, 2003 2,672,599 890,866 716,630 238,877 459,616 153,206
Stock options 195 65 – – (195) (65)
Settlement to former SNI shareholders 433 145 – – (433) (145)
New approved capital – – 600,000 200,000 733,528 244,509
Expired capital – – (650,000) (216,667) (267,000) (89,000)
As of September 30, 2004 2,673,227 891,076 666,630 222,210 925,516 308,505
Settlement to former SNI shareholders 29 9 – – (29) (9)
As of September 30, 2005 2,673,256 891,085 666,630 222,210 925,487 308,496