Siemens 2007 Annual Report Download - page 317

Notes to Consolidated Financial Statements 317
(in millions of €, except where otherwise stated and per share amounts)
Notes to Consolidated Financial Statements
cial statements of subsidiaries. “Tax fees” are fees for the preparation of tax
returns, assistance with assessing compliance with certain tax regulations, sup-
port in tax audits and other inquiries by fi scal authorities, tax advice associated
with transfer prices, tax advice relating to indirect tax and custom duties, tax
advice and consultation relating to claiming and utilization of investment grants,
premiums, subsidies, tax credits etc., payroll tax services, training regarding
tax-related issues and support with the harmonization of the tax planning and
reporting process. “All other fees” for 2007 are primarily fees for additional assis-
tance relating to the Com carve-out in the regional companies and for 2006 are
primarily fees for assistance with a program to assess the management informa-
tion processes.
41 Corporate governance
Siemens Aktiengesellschaft and Cycos AG, currently the sole German publicly
traded corporation consolidated by the Company, provided the certifi cations
required by Par. 161 of the German stock corporation law (AktG). Those companies
made the certifi cations available to its shareholders.
42 Subsequent events
At the beginning of November 2007, Siemens completed the acquisition of Dade
Behring which will be integrated into Med’s Diagnostics division (see also Note 4
for further information).
On November 7, 2007, the Company also announced a share buyback program
with a total volume of up to €10 billion by 2010.
This is a translation of the German “Konzernabschluss gemäß §315a(1) HGB
der Siemens AG zum 30. September 2007“. Sole authoritative and universally valid
version is the German language document.