Siemens 2007 Annual Report Download - page 313

Notes to Consolidated Financial Statements 313
(in millions of €, except where otherwise stated and per share amounts)
Notes to Consolidated Financial Statements
Eliminations, reclassifi cations and Corporate Treasury
Income before income taxes consists primarily of interest income due to cash man-
agement activities, corporate fi nance, and certain currency and interest rate
derivative instruments.
Description of business segments
The Operations Groups are comprised of the following businesses:
Siemens IT Solutions and Services (SIS) – SIS provides information and com-
munications services to customers primarily in the manufacturing industry, tele-
communications and media, the public sector, service industries, the healthcare
sector, the transportation and airports sector and utilities. SIS designs, builds and
operates both discrete and large-scale information and communications-systems.
Automation and Drives (A&D) – A&D produces and installs manufacturing
automation systems, motion control and drive systems, low voltage controllers
and installation systems, process automation systems and instrument products,
and electronic assembly systems and provides related solutions and services.
Industrial Solutions and Services (I&S) – I&S is a solution provider for Infra-
structure and Industry with own standard products worldwide. I&S aims to opti-
mize the production and operational processes of customers in the sectors water,
metals, traffi c control, airport logistics, postal automation, marine solutions, oil
and gas, paper, cement and opencast mining.
Siemens Building Technologies (SBT) – SBT provides products, systems and
services for monitoring and regulating the temperature and ventilation, fi re
safety, security and energy effi ciency of commercial and industrial property, as
well as special applications for airports, tunnels, harbors or stadiums.
Power Generation (PG) – PG provides customers worldwide with a full range
of equipment necessary for the effi cient conversion of energy into electricity and
heat. PG’s offerings include engineering and manufacturing of key components,
equipment, and systems, individualized planning, engineering and construction
of coal and gas fi red power plants as well as comprehensive servicing, retrofi tting
and modernizing of existing facilities. PG also engineers and manufactures
wind energy plants and customizes smaller gas turbines, steam turbines and
compressors for industrial applications. It also supplies control technology for
all plant types.
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 electrifi cation systems,
complete heavy rail systems including rapid transit systems, locomotives, light
rail systems and other rail vehicles.