Siemens 2011 Annual Report Download - page 115

153 D. Consolidated Financial Statements 273 E. Additional information
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As a technology partner, we leverage our power of innovation to turn structural challenges into oppor-
tunities. As an entrepreneurial partner to businesses, governments and the general public, we pursue
excellence, ensure stability and generate sustainable, profitable growth. As an ambitious partner of
unflagging determination, we’re inspired by the challenges we face. As a responsible partner imbued
with true team spirit, we provide valuable support to decision-makers worldwide. We’re a partner of
trust for our shareholders, customers, suppliers and employees as well as for the business community,
the public sector and society as a whole. And this trust pays off – as fiscal  has shown.
Our pioneering spirit: Innovation is creating new opportunities
Even in uncertain times, our forward-looking financial strategy gives us the resources we need to
continue investing in the future. In fiscal , we spent €. billion – or .% of our total revenue
from continuing operations – on research and development activities. This investment – coupled with
the efforts of , R&D employees at  Siemens research centers around the globe – has made
us a world leader in the patent statistics. In patent applications, we’re No.  in Europe and No.  in
Germany. In patents granted, we’ve advanced to No.  in the U.S.
To be a pioneer of our time – we’re making this vision a reality with trailblazing innovations. For exam-
ple, our new Biograph mMR – the world’s first whole-body scanner to fully integrate magnetic reso-
nance imaging (MRI) and positron emission tomography (PET) in a single system – marks a major
breakthrough in medical imaging. The scanner enables clinicians to simultaneously display organ
position, function and metabolic activity in a single image. Opening up new horizons in diagnostics
and therapeutics, the Biograph mMR will be an important weapon in the battle against diseases like
cancer and dementia.
Our Totally Integrated Automation Portal is another groundbreaking accomplishment. An investment
in the future of industry automation, the portal makes it possible to design planning and production
processes along the entire value chain from a single user interface. Our industry customers benefit
from enhanced efficiency, increased productivity and new competitive advantages.
Customers in the energy field are also profiting from our power of innovation. For example, we’ve
developed a new generation of wind turbines. Due to their gearless drives and low weight, the six-
megawatt turbines not only outperform their conventional counterparts; they’re also easier to main-
tain and cheaper to operate. Deployed in offshore wind farms, the systems will make wind power
more economical and renewable energies more competitive.
Our innovative solutions for electric mobility are closely tied to our activities in the energy field.
As a systems partner, we’re forging links between the car and energy industries. For instance, we’re
helping Volvo develop electric drives technology, charging systems and control electronics for its
new C model. At the end of , we’ll start testing our own fleet of up to  electric vehicles on
city streets – yet another milestone on the road to integrated electric mobility.
As a pioneer, we know we have to generate the financial resources today that we’ ll need to create the
innovations of tomorrow. For us, pioneering spirit and entrepreneurial spirit go hand-in-hand. We also
know that success requires long-term commitment and the courage to take calculated risks.