Siemens 2010 Annual Report Download - page 240

6 To our shareholders 21 Corporate Governance 49 Combined management’s discussion and analysis

 – Available-for-sale financial assets
The following tables summarize the current portion of the
Company ’s investment in available-for-sale financial assets:
September , 
Cost Fair Value Unrealized
gain
Unrealized
loss
Equity instruments 6 22 16 –
Debt instruments 210 213 3 –
Fund shares 11 11 – –
227 246 19 –
September , 
Cost Fair Value Unrealized
gain
Unrealized
loss
Equity instruments 7 19 12 –
Debt instruments 109 112 3 –
Fund shares 38 39 1 –
154 170 16 –
Proceeds from sales of available-for-sale financial assets traded
in an active market for the years ended September ,  and
 were € and €, respectively. Gross realized gains on
sales of such available-for-sale financial assets for continuing
and discontinued operations for the years ended September
,  and  were € and €, respectively. Gross realized
losses on sales of such available-for-sale financial assets for
continuing and discontinued operations for the years ended
September ,  and  were € and €, respectively.
Available-for-sale financial assets classified as non-current are
included in Other financial assets, see Note .
 – Trade and other receivables
September ,
 
Trade receivables from the sale of goods
and services 13,186 12,711
Receivables from finance leases 1,785 1,738
14,971 14,449
The valuation allowance on the Company ’s current and long-
term receivables, see Notes ,  and  (except for receiv-
ables from finance leases), which belong to the class of Finan-
cial assets and liabilities measured at (amortized) cost,
changed as follows:
Year ended September ,
 
Valuation allowance as of beginning
of fiscal year 1,116 913
Increase in valuation allowances recorded in
the income statement in the current period 63 449
Write-offs charged against the allowance (240) (222)
Recoveries of amounts previously written-off 13 7
Foreign exchange translation differences 40 (24)
Reclassification to Assets held for disposal 1 (7)
Valuation allowance as of fiscal year-end 993 1,116
Receivables from finance leases are presented in the State-
ments of Financial Position as follows:
September ,
 
Receivables from finance leases,
current 1,785 1,738
Receivables from finance leases,
long-term portion 3,094 3,147
4,879 4,885