Siemens 2011 Annual Report Download - page 189

153 D. Consolidated Financial Statements
273 E. Additional information
143 C.2 Additional information for supplemental
financial measures
145 C. Siemens AG (Discussion on basis of
German Commercial Code)
151 C. Notes and forward-looking statements
140 C. Information required pursuant to Section  ()
and Section  () no.  of the German Commer-
cial Code (HGB) and explanatory report
142 C. Compensation report and Corporate Governance
statement pursuant to Section a of the German
Commercial Code (HGB)

New orders by Divisions
Year ended September , % Change therein
(in millions of €)   Actual Adjusted Currency Portfolio
Industry Automation 7,490 6,421 17% 15% 0% 1%
Drive Technologies 9,065 6,981 30% 29% 1% 0%
Building Technologies 7,662 7,132 7% 8% 0% 0%
Industry Solutions 6,150 6,203 (1)% 2% (1)% (2)%
Mobility 10,224 5,885 74% 72% 1% 1%
1 Excluding currency translation and portfolio effects.
Revenue by Divisions
Year ended September , % Change therein
(in millions of €)   Actual Adjusted  Currency Portfolio
Industry Automation 7,461 6,226 20% 18% 0% 2%
Drive Technologies 8,224 6,960 18% 18% 0% 0%
Building Technologies 7,441 6,903 8% 8% 0% 0%
Industry Solutions 6,024 6,040 0% 3% (1)% (3)%
Mobility 6,328 6,508 (3)% (4)% 0% 0%
1 Excluding currency translation and portfolio effects.
Profit and Profit margin by Divisions
Profit Profit margin
Year ended September , Year ended September ,
(in millions of €)   % Change  
Industry Automation 1,415 1,004 41% 19.0% 16.1%
Drive Technologies 1,087 803 35% 13.2% 11.5%
Building Technologies 409 401 2% 5.5% 5.8%
Industry Solutions 276 (10) n /a 4.6% (0.2)%
Mobility 429 463 (7)% 6.8% 7.1%
Industry Automation increased its profit % year-over-year
to €. billion in fiscal , on higher capacity utilization
and a more favorable business mix. For comparison, profit of
€. billion in the prior fiscal year included € million in
charges for staff reduction measures, largely offset by a gain
of € million from the sale of a business. Both fiscal years un-
der review included purchase price allocation (PPA) effects
from the acquisition of UGS Corp., acquired in fiscal . PPA
effects were € million in fiscal  and € million a year
earlier. With all of its businesses contributing, Industry Auto-
mation achieved double-digit growth in both revenue and or-
ders year-over-year as well as increases in all three reporting
regions. Within these figures, the highest growth rates came
from the Asia, Australia region.
Drive Technologies improved its profit year-over-year to
€. billion in fiscal , as a quarter-by-quarter increase in
revenue throughout the fiscal year raised the Division’s capac-
ity utilization. For comparison, profit of € million in fiscal
 included charges for staff reduction measures of € mil-
lion. The Division increased revenue by % and order intake
by % compared to the prior year. While revenue growth was
driven mainly by Drive Technologies’ short-cycle businesses,
order growth also included strong contributions from its lon-
ger-cycle businesses. On a regional basis, the Division achieved
double-digit volume growth in all three reporting regions.
Revenue growth was led by the Europe, C.I.S., Africa, Middle
East region and the strongest growth in orders came from the
Americas region.