Siemens 2008 Annual Report Download - page 249
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Notes to Consolidated Financial Statements 153
(in millions of €, except where otherwise stated and per share amounts)
19 Investments accounted for using the equity method
As of September 30, 2008 NSN (see Note 4), BSH Bosch und Siemens Hausgeräte GmbH (BSH), and AREVA NP
S.A.S., France (Areva), which are all unlisted, were the principal investments accounted for using the equity
method. Summarized nancial information for NSN, BSH and Areva, not adjusted for the percentage of owner-
ship held by Siemens is presented below. See Note 4 for additional information on EN.
By the end of September 2008, the investment in FSC has been classied as assets held for disposal and account-
ing under the equity method has been ceased from that date on. Summarized nancial information for FSC, not
adjusted for the percentage of ownership held by Siemens is presented below:
For further information see also Note 8.
September 30,
2008 2007
Total assets 3,063 3,352
Total liabilities 2,771 2,960
Year ended
September 30,
2008 2007
Revenue 6,169 6,895
Net income (loss) (23) 68
September 30,
2008 2007
Total assets* 27,300 26,457
Total liabilities* 18,642 17,355
* Balance sheet information for BSH and Areva as of June 30, for NSN as of September 30.
Year ended,
September 30,
2008 2007
Revenue** 27,871 18,631
Net income (loss)** (24) (628)
** Income statement information for NSN for the twelve months ended September 30, 2008 and the six months ended September 30,
2007; for BSH and Areva for the twelve months ended June 30, 2008 and 2007.