Siemens 2006 Annual Report Download - page 226

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Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts)
222
Power Transmission and Distribution (PTD) – PTD supplies energy utilities and large
industrial power users with equipment, systems and services used to process and transmit
electrical power from the source, typically a power plant, to various points along the power
transmission network and to distribute power via a distribution network to the end-user.
Transportation Systems (TS) – TS provides products and services for the rail industry,
including signaling and control systems, railway electrification systems, complete heavy rail
systems including rapid transit systems, locomotives, light rail systems and other rail vehicles.
Siemens VDO Automotive (SV) – SV develops, manufactures and sells electronic and
mechatronic systems, modules and components for passenger cars and commercial vehicles.
Its product range includes solutions for advanced propulsion and motor management, car
body and chassis electronics, safety and driver assistance systems as well as driver infor-
mation, communication and multimedia systems.
Medical Solutions (Med) – Med develops, manufactures and markets in vivo and in vitro
diagnostic and therapeutic systems and devices such as computed tomography, magnetic reso-
nance, molecular imaging, ultrasound and radiology devices, and hearing instruments, as
well as information technology systems for clinical and administrative purposes. It provides
technical maintenance, professional and consulting services.
Osram – Osram designs, manufactures and sells a full spectrum of lighting products for a
variety of applications such as general lighting and automotive, photo-optic and opto-semi-
conductor lighting.
The Financing and Real Estate Groups are comprised of the following two businesses:
Siemens Financial Services (SFS) – SFS, the Company’s international financial services
segment, provides a variety of customized financial solutions both to third parties and to
other Siemens business Groups and their customers.
Siemens Real Estate (SRE) – SRE owns and manages a substantial part of Siemens’ real
estate portfolio and offers service portfolio specializing in real estate development projects,
real estate disposals, asset management, and lease and service management.