Siemens 2013 Annual Report Download - page 301

253 D. Consolidated Financial Statements 357 E. Additional Information
254 D.1 Consolidated Statements of Income
255 D.2 Consolidated Statements of Comprehensive Income
256 D.3 Consolidated Statements of Financial Position
257 D. Consolidated Statements of Cash Flows
258 D.5 Consolidated Statements of Changes in Equity
260 D.6 Notes to Consolidated Financial Statements
348 D.7 Supervisory Board and Managing Board

NOTE  Other liabilities
NOTE  Equity
CAPITAL STOCK
Siemens’ issued capital is composed of no par value shares
with a notional value of €. per share. Each share of issued
capital is entitled to one vote.
Issued capital
(authorized and issued)
Authorized capital
(not issued)
Conditional capital
(not issued)
in thousands
of €
in thousand
shares
in thousands
of €
in thousand
shares
in thousands
of €
in thousand
shares
As of September 30, 2011 2,742,610 914,203 610,800 203,600 1,027,517 342,506
Expired or cancelled capital (99,610) (33,203) – – – –
As of September 30, 2012 2,643,000 881,000 610,800 203,600 1,027,517 342,506
Expired, cancelled or newly approved capital – – – – – –
As of September ,  2,643,000 881,000 610,800 203,600 1,027,517 342,506
AUTHORIZED CAPITAL (NOT ISSUED)
The Company ’s shareholders authorized the Managing Board,
with the approval of the Supervisory Board, to increase capital
stock through the issuance of no par value shares registered in
the names of the holders and to determine the further content
of the rights embodied in the shares and the terms and condi-
tions of the share issue as follows:
Authorized Capital  by up to € million through the issu-
ance of up to  million shares for contributions in cash. The
authorization was granted on January ,  and expires on
January , . In accordance with Authorized Capital ,
new shares can be issued solely to employees of Siemens AG
and its subsidiaries. Pre-emptive rights of existing sharehold-
ers are excluded.
Authorized Capital  by up to €. million through the
issuance of up to . million shares for contributions in cash
and / or in kind (Authorized Capital ). The authorization
was granted on January ,  and expires on January ,
. With the approval of the Supervisory Board, the Manag-
ing Board can exclude shareholders’ pre-emptive rights for cap-
ital increases in the form of contributions in kind and in certain
pre-stipulated circumstances for contributions in cash.
CONDITIONAL CAPITAL (NOT ISSUED)
Conditional Capital is provided for the purpose of a) serving
the issuance of bonds with conversion rights and (or) with
warrants, b) accommodating the exercise of stock option plans
and c) settling claims of former Siemens Nixdorf Informations-
systeme AG (SNI AG) shareholders.
September 30,
(in millions of €) 2013 2012
Employee related liabilities 604 475
Liabilities due to employees and retirees in the U.S. not qualifying for presentation as post-employment benefits 534 523
Deferred income 275 221
Accruals for pending invoices 96 124
Accruals for stand-ready obligations 74 79
Severance payments 133 71
Warranties for disposed of businesses –67
German pension insurance association – Pensionssicherungsverein (PSV) 39 56
Insurance liabilities 76 126
Other 243 292
2,074 2,034
The following table provides a summary of outstanding autho-
rized and conditional capital and the changes for fiscal years
 and :