Siemens 2008 Annual Report Download - page 305

Notes to Consolidated Financial Statements 209
(in millions of €, except where otherwise stated and per share amounts)
Reconciliation to Siemens’ Consolidated Financial Statements
The following table reconciles total Assets of the Sectors, Equity Investments and Cross-Sector Businesses to
Total assets of Siemens’ Consolidated Balance Sheets:
In scal years 2008 and 2007, Corporate items and pensions in the column Prot includes €(3,959) and €(1,754)
related to corporate items, as well as €106 and €70 related to pensions, respectively. Corporate items in scal
2008 comprise €1,081 expense due to the SG&A restructuring program (see Note 5), approximately €1 billion in
estimated nes in connection with ongoing settlement negotiations of legal matters with authorities in Germany
and the U.S. and €430 in fees for outside advisors engaged in connection with investigations into alleged viola-
tions of anti-corruption laws and related matters as well as remediation activities (see Note 30), and €390
expense for establishing the Siemens foundation (see Note 7).
In scal 2007, Corporate items contains a €440 ne imposed by the European Commission in connection with an
antitrust investigation involving suppliers of high-voltage gas-isolated switching systems in the power transmis-
sion and distribution industry between 1988 and 2004 as well as €152 expense for outside advisors engaged by
the Company in connection with investigations into alleged violations of anti-corruption laws and related mat-
ters as well as remediation activities.
September 30,
2008 2007
Assets of Sectors 26,927 23,437
Assets of Equity Investments 5,587 5,009
Assets of Cross-Sector Businesses 11,569 9,165
Total Segment Assets 44,083 37,611
Reconciliation:
Assets Other Operations (1,545) (704)
Assets SRE 3,489 3,091
Assets of Corporate items and pensions (6,401) (2,682)
Eliminations, Corporate Treasury and other reconciling items of Segment Information:
Asset-based adjustments:
Intragroup nancing receivables and investments 26,855 10,834
Tax-related assets 2,514 2,845
Liability-based adjustments:
Pension plans and similar commitments 4,361 2,780
Liabilities 42,021 38,398
Assets classied as held for disposal and associated liabilities 17 7,576
Eliminations, Corporate Treasury, other items (20,931) (8,194)
Total Eliminations, Corporate Treasury and other reconciling items of Segment Information 54,837 54,239
Total Assets in Siemens’ Consolidated Balance Sheets 94,463 91,555