Siemens 2014 Annual Report Download - page 277

247 D. Consolidated Financial Statements 337 E. Additional Information
248 D. Consolidated Statements of Income
249 D. Consolidated Statements of Comprehensive Income
250 D. Consolidated Statements of Financial Position
251 D. Consolidated Statements of Cash Flows
252 D. Consolidated Statements of Changes in Equity
254 D. Notes to Consolidated Financial Statements
330 D. Supervisory Board and Managing Board

Gross carry-
ing amount
as of
//
Translation
differences
Additions
through
business
combina-
tions
Additions Reclassi-
fications
Retire-
ments 
Gross carry-
ing amount
as of
//
Accumu-
lated depre-
ciation and
impairment
Carrying
amount as
of
//
Deprecia-
tion and
impairment
in fiscal
 
(in millions of €)
Land and buildings 8,285 (189) 68 187 150 (824) 7,677 (3,651) 4,027 (286)
Technical machinery and
equipment 7,076 (177) 30 269 284 (463) 7,020 (4,594) 2,426 (510)
Furniture and office
equipment 5,664 (149) 27 681 131 (614) 5,740 (4,352) 1,387 (698)
Equipment leased to others 3,372 (117) – 377 (7) (689) 2,936 (1,662) 1,274 (362)
Advances to suppliers and
construction in progress 859 (26) 5 465 (559) (33) 710 3(9) 701 (6)
Property, plant and
equipment 25,255 (658) 129 1,979 – (2,623) 24,083 (14,268) 9,815 (1,862)
1 Includes Property, plant and equipment reclassified to
Assets classified as held for disposal and dispositions of
those entities.
2 Includes impairment expenses of €  million in fiscal
, thereof €  million at SRE, €  million at Industry,
€  million at Energy, €  million at Infrastructure &
Cities, €  million at SFS and €  million at Healthcare.
3 Includes €  million expenditures for property,
plant and equipment under construction.
Depreciation and impairment is included in line items Cost of
sales, Research and development expenses or Selling and gen-
eral administrative expenses, depending on the use of the asset.
As of September ,  and , contractual commitments
for purchases of property, plant and equipment amount to
€  million and €  million, respectively.
In fiscal  and , government grants awarded for the
purchase or the production of property, plant and equipment
amounted to €  million and €  million, respectively. The award
of further government grants of €  million and €  million in
fiscal  and , respectively, related to costs incurred and
future costs.
As of September ,  and , minimum future lease pay-
ments receivable from lessees under operating leases are as
follows:
September ,
(in millions of €)  
Within one year 338 321
After one year but not more than five years 590 578
More than five years 117 137
1,045 1,035
Payments from lessees under operating leases primarily relate
to buildings, medical equipment and transportation systems.
Total contingent rent recognized in income in fiscal  and
 amounts to €  million and €  million, respectively.
INVESTMENT PROPERTY
The carrying amount of investment property amounts to
€  mil lion and €  million compared to a fair value of
€  mil lion and €  million as of September ,  and
, respectively. Fair value is generally a level  measurement
and is determined based on sales of similar property, bid prices
for similar property, external independent appraisals or internal
fair value measurements which rely on the income approach or
on adjusted official standard land values depending on the
nature of the property.