Siemens 2014 Annual Report Download - page 289

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

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 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 ,  2,643,000 881,000 610,800 203,600 1,027,517 342,506
Approved, expired or cancelled capital – – – – – –
As of September ,  2,643,000 881,000 610,800 203,600 1,027,517 342,506
Expired or cancelled – – (520,800) (173,600) (426,951) (142,317)
Newly approved capital – – 528,600 176,200 240,000 80,000
As of September ,  2,643,000 881,000 618,600 206,200 840,566 280,189
As of September ,  and , the Company has a total of
,, thousand and ,, thousand authorized shares.
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, whereas subscription
rights are or may be excluded:
Authorized Capital  resolved on January , , permits
the increase of capital stock by up to € . million or . mil-
lion shares for contributions in cash or in kind until January ,
. Authorized Capital  permits the increase of capital
stock by up to €  million or  million shares for contributions
in cash until January , ; new shares are solely issuable to
employees of Siemens. Authorized Capital  expired on Jan-
uary , ; it permitted the issuance of up to . million
shares, equaling € . million.
CONDITIONAL CAPITAL (NOT ISSUED)
Conditional Capital is primarily provided for the purpose of
serving the issuance of bonds with conversion rights and (or)
with warrants; subscription rights are or may be excluded:
Conditional Capital  approved on January ,  and
expiring on January , , permits the issuance of convert-
ible and / or warrant bonds in aggregate of up to €  billion,
entitling the holders to subscribe to up to  million no par
value shares (representing up to €  million capital stock
increase), issuable for contributions in cash and, in certain
circumstances, contributions in kind.
Conditional Capital  permits the issuance of bonds with
conversion rights and / or with warrants in aggregate of up to
€  billion, entitling the holders to subscribe to up to  mil-
lion no par value shares (representing up to €  million
capital stock increase) against contribution in cash until
Jan uary .
Conditional Capital  was cancelled on January , ,
which permitted the issuance of convertible bonds and / or
warrant bonds in aggregate of up to €  billion, entitling the
holders to subscribe to up to  million no par value shares
(representing up to €  million capital stock increase). Condi-
tional Capital to service the  and  Siemens Stock
Option Plans was cancelled on January , , since the last
tranche of stock options expired in November  and from
that date on, no further shares were to be issued. It amounted
to €  million, representing . million shares.