Siemens 2009 Annual Report Download - page 232

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 Reports Supervisory Board /
Managing Board  Corporate Governance  Management’s discussion and analysis  Consolidated Financial Statements
 Consolidated Statements of Income  Consolidated Statements of Income
and Expense Recognized in Equity
 Consolidated Balance Sheets  Consolidated Statements of Cash Flow
Interest income (expense) of operations, net includes interest
income and expense primarily related to receivables from cus-
tomers and payables to suppliers, interest on advances from
customers and advanced financing of customer contracts.
Other interest income (expense), net includes all other interest
amounts primarily consisting of interest relating to corporate
debt, interest results of interest-rate-swaps used as hedging
instruments in hedge accounting relationships with financial
assets and financial liabilities as well as interest income on
corporate assets.
The interest income (expense) above include the following in
respect of financial assets (financial liabilities) not at fair value
through profit or loss.
Other financial income (expense), net mainly includes the in-
terest component from measuring provisions amounting to
€(200) and €(81) in fiscal 2009 and 2008, respectively, as well
as expenses as a result of allowances and write offs of finance
receivables of €(162) and €(55) in fiscal 2009 and 2008, respec-
tively.
 INCOME TAXES
Income (loss) from continuing operations before income taxes
is attributable to the following geographic regions:
The components of Income (expense) from pension plans and
similar commitments, net were as follows:
Service cost for pension plans and similar commitments are
allocated among functional costs (Cost of goods sold and ser-
vices rendered, Research and development expenses, Market-
ing, selling and general administrative expenses).
The components of Income (expense) from available-for-sale
financial assets, net were as follows:
The total amounts of interest income and expense were as
follows:
Year ended September ,
2009 2008
Dividends received 29 70
Gains on sales, net 16 45
Impairment (59) (36)
Other 2 10
Income (expense) from
available-for-sale financial assets, net (12) 89
B27T010_E
Year ended September ,
2009 2008
Interest income 833 894
Interest expense (683) (834)
Interest income (expense), net 150 60
Thereof: Interest income
(expense) of operations, net 39 60
Thereof: Other interest income
(expense), net 111 –
B27T011_E
Year ended September ,
2009 2008
Total interest income on financial assets 804 883
Total interest expenses on financial liabilities (994) (859)
B27T012_E
Year ended September ,
2009 2008
Germany1,525 (449)
Foreign 2,366 3,323
3,891 2,874
B27T013_E
Year ended September ,
2009 2008
Expected return on plan assets 1,303 1,510
Interest cost (1,530) (1,374)
Income (expense) from pension plans
and similar commitments, net (227) 136
B27T009_E