Siemens 2009 Annual Report Download - page 243


 Managing Board statements, Independent auditors’ report, Additional information
 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise
stated and per share amounts)
Available-for-sale financial assets include interests in other
companies that are recorded at cost or at fair value if reliably
measurable. Derivative financial instruments included in this
item represent the non-current portion of derivatives desig-
nated as hedging instruments, for which hedge accounting is
applied. Loans receivable primarily relate to long-term loan
transactions of SFS. Receivables from associated and other
companies include a shareholder loan to NSN granted in fiscal
2009, with a carrying amount of €722 as of September 30,
2009.
 OTHER CURRENT FINANCIAL LIABILITIES
 OTHER CURRENT LIABILITIES
Summarized financial information for our principal invest-
ments in associates, not adjusted for the percentage of owner-
ship held by Siemens, is presented below. Income statement
information is presented for the twelve month period applied
under the equity method of accounting.
Balance Sheet information is presented as of the date used in
applying the equity method of accounting.
For information on contingent liabilities for joint ventures and
associates see Note 39.
Regarding the impairment of the NSN investment see Note 8.
 OTHER FINANCIAL ASSETS
Year ended September ,
2009 2008
Revenue 19,871 20,115
Net income (loss) (769) 199
B27T044_E
September ,
 
Total assets 22,218 26,010
Total liabilities 14,446 15,839
B27T045_E
September ,
 
Receivables from finance leases
(see Note ) 3,147 3,486
Loans receivable 2,142 1,417
Derivative financial instruments 1,594 404
Receivables from associated and other
companies (defined in Note 12) 787 45
Trade receivables from sale of goods
and services 452 471
Available-for-sale financial assets 391 551
Other 1,517 1,411
10,030 7,785
B27T046_E
September ,
 
Derivative financial instruments
(see Notes 31 and 32) 973 1,198
Accrued interest expense 325 191
Liabilities to joint ventures and
associated and other companies 87 101
Other 734 937
2,119 2,427
B27T047_E
September ,
 
Billings in excess of costs and estimated
earnings on uncompleted contracts and
related advances 11,031 11,390
Other employee related costs 2,567 3,160
Payroll and social security taxes 1,908 2,048
Bonus obligations 1,046 1,132
Accruals for outstanding invoices 789 626
Miscellaneous tax liabilities 689 743
Deferred reservation fees received 536 206
Deferred income 594 651
Other 1,151 1,688
20,311 21,644
B27T048_E