Siemens 2007 Annual Report Download - page 232

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232 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise stated and per share amounts)
Impairment of goodwill in fi scal 2007 includes €(52) related to a cash-generat-
ing unit made up principally of regional payphone activities included in Other
Operations (see also Note 7).
Losses on disposals of businesses in fi scal 2006 includes a pre-tax loss of €39
from the Company’s sale of its Dematic business (see also Note 4).
Other in fi scal 2007 primarily includes expenses related to legal and regulatory
matters. Included in €(859) in fi scal 2007 is a €(440) total impact related to a fi ne
imposed by the European Commission in connection with an antitrust investiga-
tion involving suppliers of high-voltage gas-isolated switching systems in the
power transmission and distribution industry between 1988 and 2004 (see Notes
29 and 36 for further information). The fi ne is not deductible for income tax pur-
poses. In addition, Other in fi scal 2007 includes €(152) for outside advisors
engaged by the Company in connection with investigations into alleged violations
of anti-corruption laws and related matters as well as remediation activities (see
Notes 29 and 36 for additional information), as well as €(81) primarily to fund job
placement companies for former Siemens employees affected by the bankruptcy
of enQ Mobile GmbH & Co. OHG.
7 Income (loss) from investments accounted for using the equity method, net
Share of profi t, net in fi scal 2007 includes €(429) related to NSN (see Notes 4 and
36 for further information).
For further information on the Company’s principal investments accounted for
under the equity method see also Note 18.
8 Financial income (expense), net
Year ended
September 30,
2007 2006
Share of profi t, net 75 416
Gains (losses) on sales, net 35 (7)
Impairment (2) (5)
108 404
Year ended
September 30,
2007 2006
Interest income (expense), net (139) 160
Income from pension plans and similar commitments, net 196 225
Income from available-for-sale fi nancial assets, net 58 152
Other fi nancial income (expense), net (123) (283)
(8) 254