Siemens 2014 Annual Report Download - page 174

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108 A. To our Shareholders 131 B. Corporate Governance 171 C. Combined Management Report
172 C. Business and economic environment
187 C. Financial performance system
193 C. Results of operations
205 C. Financial position
210 C. Net assets position

The following figure shows the main transfers of the businesses
from the three Sectors Energy, Industry and Infrastructure &
Cities as of September ,  to these Divisions as of
October , .
Transfer of businesses as of October 1, 2014
Power
Generation
Power
and Gas
Wind Power
Wind Power
and
Renewables
Power
Trans-
mission
Energy
Manage-
ment
Industry
Automation
Digital
Factory
Drive
Tech-
nologies
Process
Industries
and Drives
Trans-
portation &
Logistics
Mobility
Power Grid
Solutions &
Products
Building
Tech-
nologies
Building
Tech-
nologies
Energy Sector Industry Sector Infrastructure & Cities Sector
1 All businesses except for solutions for oil and gas
industries go to Power and Gas, oil and gas solutions
go to Process Industries and Drives.
2 Beginning with fiscal , the airport logistics and
postal automation business is reported within Centrally
managed portfolio activities.
3 All businesses except for rail electrification go to Energy
Management; Rail electrification goes to Mobility.
4 Also includes solar and hydro business.
For more details on these organizational changes see C...
BUSINESS DESCRIPTION.
In addition, the former Healthcare Sector became a separately
managed business within Siemens effective October , .
The above mentioned seven Divisions together with Health-
care form our Industrial Business.
SFS, which acts as business partner for Siemens’s other Divi-
sions and Healthcare and also conducts its own business with
external customers, is a reportable segment which is reported
outside our Industrial Business. Beginning with fiscal ,
Equity Investments ceased to be a reportable segment and
became part of Centrally managed portfolio activities, which
are reported within the Reconciliation to Consolidated Finan-
cial Statements.
Beginning of fiscal , Siemens’ reportable segments are as
follows:
Reportable segments as of October 1, 2014
Power
and Gas
Wind Power
and
Renewables
Energy
Manage-
ment
Building
Tech -
nologies
Mobility Digital
Factory
Process
Industries
and Drives
Healthcare Financial
Services
Industrial Business