Siemens 2006 Annual Report Download - page 185

Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts) 181
16 Property, plant and equipment, net
In fiscal 2005, as a result of a corporate-level strategic plan concerning the DI and MHP
businesses (see Note 30 for further information), updated undiscounted cash flow projections
based on revised operating plans were used to determine whether the long-lived assets were
impaired. Discounted cash flows were then used to estimate the fair value of the assets and
units resulting in an impairment charge of €98.
17 Other assets
Notes to Consolidated Financial Statements
Depre-
ciation
and
impair-
Accu- ment
Trans- Re- Accu- Net book mulated Net book during
lation classi- mulated value depre- value fiscal
adjust- Addi- fica- Retire- depre- as of ciation as of year
10/1/05 ment tions tions ments* 9/30/06 ciation 9/30/06 10/1/05 10/1/05 2006
Land and buildings 9,873 (102) 580 200 751 9,800 4,807 4,993 4,878 4,995 308
Technical machinery
and equipment 9,758 (119) 740 342 941 9,780 6,709 3,071 6,757 3,001 694
Furniture and office
equipment 9,895 (122) 1,152 58 2,577 8,406 6,467 1,939 7,635 2,260 1,043
Equipment leased
to others 1,656 (45) 672 11 680 1,614 644 970 786 870 196
Advances to suppliers
and construction in
progress 891 (15) 963 (611) 128 1,100 1 1,099 5 886 1
Property, plant and
equipment 32,073 (403) 4,107 – 5,077 30,700 18,628 12,072 20,061 12,012 2,242
* Includes Property, plant and equipment, net reclassified to Assets held for disposal (see Note 3 for further
information).
September 30,
2006 2005
Long-term portion of receivables from sales and finance leases (see Note 10) 2,969 2,899
Prepaid pension assets 534 166
Long-term loans receivable 452 736
Other 1,411 1,463
5,366 5,264