Siemens 2012 Annual Report Download - page 261

135 D. Consolidated Financial Statements 239 E. Additional Information
140 D. Consolidated Statements of Changes in Equity
142 D. Notes to Consolidated Financial Statements
232 D. Supervisory Board and Managing Board
136 D. Consolidated Statements of Income
137 D. Consolidated Statements of Comprehensive Income
138 D. Consolidated Statements of Financial Position
139 D. Consolidated Statements of Cash Flow

The unrecognized share of losses in associates amounts to €
million as of September , .
For information on contingent liabilities for joint ventures and
associates see     .
Regarding the fiscal  conversion of our loan receivable
from NSN into interests in NSN’s preferred shares and regard-
ing Siemens’ contribution of new equity in exchange for pre-
ferred shares in NSN see     .
  Other financial assets
September ,
(in millions of €)  
Loans receivable 6,085 4,396
Receivables from finance leases, see
      3,148 2,983
Derivative financial instruments 2,798 2,424
Available-for-sale financial assets 1,021 714
Other 1,614 1,609
14,666 12,126
Item Loans receivable primarily relate to long-term loan trans-
actions of SFS. For available-for-sale financial assets classi-
fied as non-current see   -- 
.
  Other current financial liabilities
September ,
(in millions of €)  
Derivative financial instruments,
see     462 862
Accrued interest expense 237 301
Other 761 1,084
1,460 2,247
  Other current liabilities
September ,
(in millions of €)  
Billings in excess of costs and estimated
earnings on uncompleted contracts and
related advances 11,877 12,488
Payroll obligations and social security taxes 2,020 1,718
Other employee related costs 1,992 2,127
Deferred income 1,123 993
Accruals for outstanding invoices 904 1,033
Bonus obligations 871 1,144
Miscellaneous tax liabilities 650 694
Deferred reservation fees received 21 68
Other 848 755
20,306 21,020
Item Other employee related costs primarily includes vacation
payments, accrued overtime and service anniversary awards,
severance payments, as well as liabilities related to termina-
tion benefits.
  Debt
September ,
(in millions of €)  
Short-term
Notes and bonds 2,018 2,495
Loans from banks 1,505 1,128
Other financial indebtedness 270 21
Obligations under finance leases 33 16
Short-term debt and current
maturities of long-term debt 3,826 3,660
Long-term
Notes and bonds (maturing until ) 16,194 12,651
Loans from banks (maturing until ) 449 1,354
Other financial indebtedness
(maturing until ) 110 146
Obligations under finance leases 128 129
Long-term debt 16,880 14,280
20,707 17,940
In fiscal  and , weighted-average interest rates for
loans from banks, other financial indebtedness and obliga-
tions under finance leases were .% (: .%), .% (:
.%) and .% (: .%), respectively.