Siemens 2012 Annual Report Download - page 139

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C. Combined
Management Report
Due to rounding, numbers presented throughout this Combined Management Report may not add up
precisely to the totals provided and percentages may not precisely reflect the absolute figures.
C. Combined Management Report
 . Business and economic environment
 .. The Siemens Group
 .. Economic environment
 .. Strategy
 . Financial performance measures
 .. Revenue growth
 .. Capital efficiency and profitability
 .. Capital structure
 .. Dividend
 .. Additional measures
 .. Additional information for
financial performance measures
 . Results of operations
 .. Results of Siemens
 .. Segment information analysis
 .. Reconciliation to adjusted EBITDA
(continuing operations)
. Financial position
 .. Principles and objectives
of financial management
 .. Capital structure
 .. Cash flows
 .. Capital resources and requirements
. Net assets position
. Overall assessment of the economic position
. Subsequent events
. Sustainability
 .. Sustainability at Siemens
 .. Research and development
 .. Supply chain management
 .. Production
 .. Quality management
 .. Distribution and customer relations
 .. Environmental Portfolio
 .. Environmental performance
 .. Employees
 .. Compliance
 .. Corporate citizenship
. Report on expected developments and
associated material opportunities and risks
 .. Report on expected developments
 .. Risk management
 .. Risks
 .. Opportunities
 .. Significant characteristics of the
accounting-related internal control
and risk management system
. Compensation Report, Corporate Governance statement
pursuant to Section a of the German Commercial Code,
Takeover-Relevant Information and Explanatory Report
. Siemens AG (Discussion on basis of German commercial code)
 .. Business and economic environment
 .. Results of operations
 .. Net assets and financial position
 .. Employees
 .. Risks and opportunities
 .. Outlook
. Notes and forward-looking statements