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253 D. Consolidated Financial Statements 357 E. Additional Information

358 E. Responsibility statement

359 E. Independent Auditor ʼs report

361 E. Statement of the Managing Board

362 E.4 Five-year summary

364 E. Glossary

366 E. Index

368 E. Company structure

370 E. Further information and information resources

371 E. Financial calendar

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E. Statement of the Managing Board

The Managing Board of Siemens Aktiengesellschaft is respon-

sible for preparing the Consolidated Financial Statements and

the Group Management Report. The Consolidated Financial

Statements have been prepared in accordance with Interna-

tional Financial Reporting Standards (IFRS), as adopted by the

European Union as well as with the additional requirements

set forth in Section 315a (1) of the German Commercial Code

(Handelsgestzbuch). The ﬁnancial statements are also in ac-

cordance with IFRS as issued by the International Accounting

Standards Board (IASB). The Group Management Report is con-

sistent with the Consolidated Financial Statements and is com-

bined with the Management Report of Siemens Aktienge-

sellschaft.

Siemens employs extensive internal controls, company-wide

uniform reporting guidelines and additional measures, includ-

ing employee training and continuing education, with the in-

tention that the Consolidated Financial Statements and the

Group Management Report are conducted correctly and in ac-

cordance with the applicable legal requirements. Members of

the management of the Sectors, Divisions, Financial Services,

Cross-Sector Services, Regional Clusters and certain Corporate

Units, supported by certiﬁcations of management of entities

under their responsibility have conﬁrmed to us the correctness

of the ﬁnancial data they have reported to Siemens’ corporate

headquarters and the effectiveness of the related control sys-

tems. Compliance with the guidelines as well as the reliability

and effectiveness of the control systems are continuously ex-

amined by Internal Corporate Audit throughout the Siemens

Group. Our risk management system complies with the re-

quirements of the German Corporation Act (Aktiengesetz). Our

risk management system is designed to enable the Managing

Board to recognize potential risks early on and initiate timely

countermeasures.

In accordance with the resolution adopted at the Annual

Shareholders’ Meeting, Ernst & Young GmbH Wirtschaftsprü-

fungsgesellschaft has audited the Consolidated Financial

Statements and Group Management Report, which is com-

bined with the Management Report of Siemens Aktienge-

sellschaft, and issued an unqualiﬁed opinion. Together with

the independent auditors, the Supervisory Board has thor-

oughly examined the Consolidated Financial Statements, the

Group Management Report, and the Independent Auditors’ Re-

port. The result of this examination is included in the Report of

the Supervisory Board ( A.3 OF THIS ANNUAL REPORT).

Munich, November 27, 2013

The Managing Board

Joe Kaeser Dr. Roland Busch Klaus Helmrich

Prof. Dr. Hermann Requardt Prof. Dr. Siegfried Russwurm Peter Y. Solmssen

Dr. Michael Süß Dr. Ralf P. Thomas