Siemens 2011 Annual Report Download - page 297

153 D. Consolidated Financial Statements 273 E. Additional information
158 D. Consolidated Statements of Changes in Equity
160 D. Notes to Consolidated Financial Statements
266 D. Supervisory Board and Managing Board
154 D. Consolidated Statements of Income
155 D. Consolidated Statements of Comprehensive Income
156 D. Consolidated Statements of Financial Position
157 D. Consolidated Statements of Cash Flow

 and , €. billion in notional amounts were issued
and are outstanding. The outstanding amounts as of Septem-
ber ,  and  comprise US$ million (€ million)
floating rate notes due in March , bearing interest of .%
above the three months London Interbank Offered Rate three
months LIBOR and US$ million (€ million) .% fixed
rate notes due on March  as well as €. billion .% in-
struments due on December , ; € billion .% instru-
ments due on June , ; and €. billion .% instru-
ments due on June , . In fiscal , Siemens updated
the program and issued in total additional €. billion fixed-in-
terest instruments under the program in two tranches com-
prising €. billion .% instruments due on February ,
 and €. billion .% instruments due on February ,
.
US$ Medium Term Notes
In August , the Company issued US$. billion of notes
(€. billion). These notes were issued in tranches of which
the following are outstanding as of September ,  and
: US$, .% notes due on February , ; US$.
billion .% notes due on October ,  and
US$. bil-
lion .% notes due on August , . The Company may
redeem, at any time, all or some of the notes at the early
redemption amount (call) according to the conditions of the
bond.
Hybrid Bond
In September , the Company issued a subordinated hy-
brid bond, which is on a subordinated basis guaranteed by
Siemens. The subordinated bond was issued in a EUR tranche
of € million and a British pound tranche of £ million
(€ million), both with a legal final maturity on September
,  and with a call option for Siemens in  or thereaf-
ter. The bonds bear a fixed interest rate (.% for the EUR
tranche and .% for the British pound tranche) until Sep-
tember , , thereafter, floating rate interest according to
the conditions of the bond.
Stand-alone Bond (previously called Euro Bond)
In June , the Company issued a € billion .% bond due
July, , redeemed at face value at the maturity date.
Details of the Company ’s notes and bonds are as follows:
September ,  September , 
Currency notional amount
(in millions)
Carrying amount
in millions of € 
Currency notional amount
(in millions)
Carrying amount
in millions of € 
US$ LIBOR+0.15% 2006/2012 US$ notes US$ 500 370 US$ 500 366
5.625% 2006/2016 US$ notes US$ 500 437 US$ 500 437
5.25% 2008/2011 EUR instruments € 1,550 1,560 € 1,550 1,619
5.375% 2008/2014 EUR instruments € 1,000 1,077 € 1,000 1,099
5.625% 2008/2018 EUR instruments € 1,600 1,837 € 1,600 1,858
4.125% 2009/2013 EUR instruments € 2,000 2,033 € 2,000 2,030
5.125% 2009/2017 EUR instruments € 2,000 2,083 € 2,000 2,085
Total Debt Issuance Program 9,397 9,494
5.5% 2006/2012 US$ notes US$ 750 565 US$ 750 586
5.75% 2006/2016 US$ notes US$ 1,750 1,453 US$ 1,750 1,503
6.125% 2006/2026 US$ notes US$ 1,750 1,774 US$ 1,750 1,683
Total US$ Medium Notes 3,792 3,772
5.25% 2006/2066 EUR bonds € 900 976 € 900 984
6.125% 2006/2066 GBP bonds £ 750 981 £ 750 988
Total Hybrid Capital Bond 1,957 1,972
5.75% 2001/2011 EUR bonds € – – € 2,000 2,062
–2,062
15,146 17,300
1 Includes adjustments for fair value hedge accounting.