Siemens 2014 Annual Report Download - page 279

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

. BONDS
September ,  September , 
Currency
notional amount
(in millions)
Carrying
amount in
millions of € 
Currency
notional amount
(in millions)
Carrying
amount in
millions of € 
(interest / issued / maturity)
. %//March /US$ fixed-rate instruments US$ 500 425 US$ 500 412
. %//June /EUR fixed-rate instruments  – – – € 1,000 1,031
. %//June /EUR fixed-rate instruments € 1,600 1,839 € 1,600 1,844
. %//February /EUR fixed-rate instruments € 2,000 2,122 € 2,000 2,136
US$ m LIBOR+. %//February /US$ floating-rate instruments US$ 400 318 US$ 400 296
. %//September /EUR fixed-rate instruments  – – – € 400 400
. %//March /EUR fixed-rate instruments € 1,000 995 € 1,000 994
. %//September /GBP fixed-rate instruments £ 350 448 £ 350 416
. %//September /GBP fixed-rate instruments £ 650 819 £ 650 760
. %//March /EUR fixed-rate instruments € 1,250 1,276 € 1,250 1,242
. %//March /EUR fixed-rate instruments € 1,000 996 € 1,000 995
. %//March /US$ fixed-rate instruments US$ 500 396 US$ 500 368
. %//March /US$ fixed-rate instruments US$ 100 77 US$ 100 72
/June /US$ floating-rate instruments US$ 400 317 US$ 400 295
/March /US$ floating-rate instruments US$ 300 238 – – –
/September /US$ floating-rate instruments US$ 400 317 – – –
Total Debt Issuance Program 10,582 11,262
. %//October /US$ fixed-rate instruments US$ 1,750 1,457 US$ 1,750 1,389
. %//August /US$ fixed-rate instruments US$ 1,750 1,843 US$ 1,750 1,759
Total US$ Bonds 3,301 3,147
. %//September /EUR fixed-rate instruments € 900 959 € 900 976
. %//September /GBP fixed-rate instruments £ 750 1,025 £ 750 986
Total Hybrid Capital Bond 1,984 1,962
. %//August /US$ fixed-rate instruments US$ 1,500 1,158 US$ 1,500 1,068
. %//August /US$ fixed-rate instruments US$ 1,500 1,140 US$ 1,500 1,052
Total Bond with Warrant Units 2,298 2,120
18,165 18,491
1 Includes adjustments for fair value hedge accounting. 2 Redeemed at face value at maturity in fiscal .
Debt Issuance Program
The Company has a program for the issuance of debt instru-
ments under which it may issue instruments up to € . billion
as of September ,  and , respectively. As of Septem-
ber ,  and  € . billion and € . billion in notional
amounts were issued and are outstanding.
In March , Siemens issued US$  million (€  million as
of September , ) privately placed floating-rate instru-
ments due March , . Furthermore, Siemens redeemed at
face value € . billion in . % fixed-rate instruments on
June , . In September  Siemens issued US$  mil-
lion (€  million as of September , ) privately placed
floating-rate instruments due September ,  and redeemed
at face value €  million in , % fixed-rate instruments on
September , .
Hybrid Capital Bond
In September , the Company issued a subordinated hybrid
bond in a EUR tranche of €  million and a GBP tranche of
£  million (€  million as of September , ), both
with a legal final maturity on September ,  and with a
call option for Siemens in  or thereafter. The instruments
bear fixed-rate interests until September , ; thereafter,
floating-rate interest is applied according to the conditions of
the bond.