Siemens 2006 Annual Report Download - page 182

Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts)
178
Investments in sales-type and direct finance leases relate primarily to medical engineering
and data processing equipment. Investments in direct financing leases also include leases of
industrial and consumer products of third party manufacturers. Actual cash flows will vary
from contractual maturities due to future sales of finance receivables, prepayments and write-
offs.
See Note 3 for further information on Accounts receivable, net reclassified to Assets held for
disposal.
11 Inventories, net
See Note 3 for further information on Inventories, net reclassified to Assets held for disposal.
12 Other current assets
Other includes prepaid expenses and derivative financial instruments with positive fair
values.
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.
September 30,
2006 2005
Raw materials and supplies 2,609 2,452
Work in process 2,975 2,724
Costs and earnings in excess of billings on uncompleted contracts 7,085 7,242
Finished goods and products held for resale 2,544 2,696
Advances to suppliers 667 558
15,880 15,672
Advance payments received (3,090) (2,860)
12,790 12,812
September 30,
2006 2005
Tax receivable 1,180 1,247
Loans receivable 472 535
Other receivables from associated and related companies 239 258
Other 2,314 3,190
4,205 5,230
September 30,
2006 2005
Investments in associated companies 3,097 2,976
Miscellaneous investments 825 792
3,922 3,768