Siemens 2007 Annual Report Download - page 230

230 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts)
The carrying amounts of the major classes of assets and liabilities classifi ed as
held for disposal and relating to the above transactions were as follows:
The consolidated balance sheet as of September 30, 2007 includes €308 of
assets and €97 of liabilities classifi ed as held for disposal relating to minor trans-
actions not presented as discontinued operations.
The net results of discontinued operations presented in the Consolidated State-
ments of Income consist of the following components:
September 30,
2007 2006
Cash and cash equivalents* 750 –
Trade and other receivables 572 2,706
Inventories 246 2,135
Goodwill – 369
Property, plant and equipment 6 645
Other non-current fi nancial assets 265 432
Other assets 281 877
Assets classifi ed as held for disposal 2,120 7,164
Trade payables 388 2,077
Current provisions 67 576
Pension plans and similar commitments 148 381
Payroll and social security taxes 101 450
Other liabilities 694 1,901
Liabilities associated with assets classifi ed as held for disposal 1,398 5,385
* As of September 30, 2007, this caption also includes a portion still related to the carrier-related operations.
Year ended
September 30,
2007 2006
Revenue 7,576 13,428
Costs and expenses (8,653) (13,294)
Gain related to the contribution of the carrier-related
operations to NSN 1,627 –
Income (loss) from discontinued operations
before income taxes 550 134
Income taxes corresponding to ordinary activities
including the measurement to fair value less costs to sell 196 159
Income taxes corresponding to the gain related to the
contribution of the carrier-related operations to NSN (67) –
Income (loss) from discontinued operations,
net of income taxes 679 293