Siemens 2011 Annual Report Download - page 260

6 A. To our shareholders 51 C. Combined management’s discussion and analysis 23 B. Corporate Governance

As of and for the fiscal years ended September ,  and 
New orders
External revenue Intersegment revenue Total revenue
(in millions of €) 2011 2010      
Sectors
Industry 37,594 30,243 31,635 29,093 1,306 1,109 32,941 30,203
Energy 34,765 30,122 27,285 25,205 322 315 27,607 25,520
Healthcare 13,116 12,872 12,463 12,281 54 83 12,517 12,364
Total Sectors 85,476 73,237 71,382 66,579 1,682 1,508 73,064 68,087
Equity Investments ––––––––
Financial Services (SFS) 961 787 908 724 54 63 961 787
Reconciliation to
Consolidated Financial Statements
Centrally managed portfolio activities 473 760 510 666 10 30 520 696
Siemens Real Estate (SRE)  2,204 1,941 415 490 1,792 1,438 2,207 1,928
Corporate items and pensions 449 606 300 519 151 137 451 656
Eliminations, Corporate Treasury
and other reconciling items (3,982) (3,275) ––(3,689) (3,176) (3,689) (3,176)
Siemens 85,582 74,055 73,515 68,978 ––73,515 68,978
1 This supplementary information on New orders is provided on a voluntary basis. It is not part of the Consolidated Financial Statements subject to the audit opinion.
2 Profit of the Sectors as well as of Equity Investments and Centrally managed portfolio activities is earnings before financing interest, certain pension costs and income taxes. Certain other
items not considered performance indicative by Management may be excluded. Profit of SFS and SRE is Income before income taxes.
3 Assets of the Sectors as well as of Equity Investments and Centrally managed portfolio activities is defined as Total assets less income tax assets, less non-interest bearing liabilities other
than tax liabilities. Assets of SFS and SRE is Total assets.
4 Free cash flow represents net cash provided by (used in) operating activities less additions to intangible assets and property, plant and equipment. Free cash flow of the Sectors, Equity
Investments and Centrally managed portfolio activities primarily exclude income tax, financing interest and certain pension related payments and proceeds. Free cash flow of SFS, a
financial services business, and of SRE includes related financing interest payments and proceeds; income tax payments and proceeds of SFS and SRE are excluded.
5 Amortization, depreciation and impairments contains amortization and impairments, net of reversals of impairments, of intangible assets other than goodwill as well as depreciation and
impairments of property, plant and equipment, net of reversals of impairments.
6 As of September , , Total assets of SRE amounts to €, million after netting of certain intercompany finance receivables with certain intercompany finance liabilities.
Due to rounding, numbers presented may not add up precisely to totals provided.
D. Notes to Consolidated Financial Statements
Segment information (continuing operations)