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
 Managing Board statements, Independent auditors’ report, Additional information
 Notes to Consolidated Financial Statements
(in millions of €, except where otherwise
stated and per share amounts)
Industry
The Industry Sector offers sustainable solutions for efficient
use of resources and energy, integrated technologies for best-
in-class productivity and flexibility, and holistic solutions for
infrastructure and mobility.
Energy
The Siemens Energy Sector primarily addresses energy provid-
ers, but also industrial companies particularly in the oil and
gas industry. Energy offers a complete spectrum of efficient
products, services and solutions for the generation, transmis-
sion and distribution of power, and for the extraction, conver-
sion and transport of oil and gas.
Healthcare
The Healthcare Sector offers products and complete solutions,
services and consulting related to the healthcare industry and
serves its customers as a fully integrated diagnostics provider.
Healthcare maintains a comprehensive portfolio of medical
solutions and is present in substantially the complete value-
added chain ranging from medical imaging and laboratory di-
agnostics to clinical IT.
Equity Investments
Equity Investments is a reportable segment with its own man-
agement. Equity Investments contains investments accounted
for under the equity method or at cost and current available for
sale financial assets, which are not allocated to a Sector, Cross-
Sector Business, SRE, Pensions or Treasury. As of September
30, 2009 and 2008, NSN, BSH and EN (see Note 4) are, among
others, reported in Equity Investments. FSC, as of September
30, 2008 reported in Equity Investments, was sold in fiscal
2009.
Cross-Sector Businesses
Siemens IT Solutions and Services
Siemens IT Solutions and Services provides information and
communications services primarily to customers in the com-
mercial/industrial sector, in the energy, healthcare and service
industries as well as to the public sector. Siemens IT Solutions
and Services builds and operates both discrete and large-scale
information and communications systems.
EARNINGS PER SHARE
The dilutive earnings per share computation does not contain
weighted average shares of 2,695 thousand and 41 thousand
in fiscal 2009 and 2008, respectively, since the optionsexer-
cise prices exceeded the average market price of ordinary
shares and its inclusion would have been antidilutive in the
years presented.
SEGMENT INFORMATION
The Company is divided into Sectors being Industry, Energy
and Healthcare, a segment for Equity Investments and two
segments referred to as Cross-Sector Businesses, composed of
Siemens IT Solutions and Services and Siemens Financial Ser-
vices (SFS).
Description of reportable segments
Sectors
The three Sectors comprise manufacturing, industrial and
commercial goods, solutions and services in areas more or less
related to Siemensorigins in the electrical business field.
Year ended September ,
(shares in thousands)  
Income from continuing operations 2,457 1,859
Less: Portion attributable to minority interest (205) (155)
Income from continuing operations
attributable to shareholders of Siemens AG 2,252 1,704
Weighted average shares outstanding – basic 864,818 893,166
Effect of dilutive share-based payment 6,929 3,132
Weighted average shares
outstanding – diluted 871,747 896,298
Basic earnings per share
(from continuing operations) 2.60 1.91
Diluted earnings per share
(from continuing operations) 2.58 1.90
B27T095_E