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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

Equity interest
in %September , 
Siemens Rail Automation Holding Pty. Ltd., Clayton / Australia 100
SIEMENS RAIL AUTOMATION INVESTMENT PTY. LTD.,
Clayton / Australia 100
SIEMENS RAIL AUTOMATION PTY. LTD., Clayton / Australia 100
Westinghouse McKenzie-Holland Pty Ltd, Clayton / Australia 100
Siemens Bangladesh Ltd., Dhaka / Bangladesh 100
Beijing Siemens Cerberus Electronics Ltd., Beijing / China 100
DPC (Tianjin) Co., Ltd., Tianjin / China 100
GIS Steel & Aluminum Products Co., Ltd. Hangzhou,
Hangzhou / China 51
IBS Industrial Business Software (Shanghai), Ltd.,
Shanghai / China 100
MWB (Shanghai) Co Ltd., Shanghai / China 65
Siemens Building Technologies (Tianjin) Ltd., Tianjin / China 70
Siemens Business Information Consulting Co., Ltd, Beijing / China 100
Siemens Circuit Protection Systems Ltd., Shanghai,
Shanghai / China 75
Siemens Eco-City Innovation Technologies (Tianjin) Co., Ltd.,
Tianjin / China 60
Siemens Electrical Apparatus Ltd., Suzhou, Suzhou / China 100
Siemens Electrical Drives (Shanghai) Ltd., Shanghai / China 100
Siemens Electrical Drives Ltd., Tianjin / China 85
Siemens Factory Automation Engineering Ltd., Beijing / China 100
Siemens Finance and Leasing Ltd., Beijing / China 100
Siemens Financial Services Ltd., Beijing / China 100
Siemens Gas Turbine Parts Ltd., Shanghai, Shanghai / China 51
Siemens Healthcare Diagnostics (Shanghai) Co. Ltd.,
Shanghai / China 100
Siemens Hearing Instruments (Suzhou) Co. Ltd., Suzhou / China 100
Siemens High Voltage Circuit Breaker Co., Ltd., Hangzhou,
Hangzhou / China 51
Siemens High Voltage Switchgear Co., Ltd. Shanghai,
Shanghai / China 51
Siemens High Voltage Switchgear Guangzhou Ltd.,
Guangzhou / China 94
Siemens Industrial Automation Ltd., Shanghai, Shanghai / China 100
Siemens Industrial Turbomachinery (Huludao) Co. Ltd.,
Huludao / China 84
Siemens Industry Software (Beijing) Co., Ltd., Beijing / China 100
Siemens Industry Software (Shanghai) Co., Ltd.,
Shanghai / China 100
Siemens International Trading Ltd., Shanghai, Shanghai / China 100
Siemens Investment Consulting Co., Ltd., Beijing / China 100
Siemens Ltd., China, Beijing / China 100
Equity interest
in %September , 
Siemens Manufacturing and Engineering Centre Ltd.,
Shanghai / China 51
Siemens Mechanical Drive Systems (Tianjin) Co., Ltd.,
Tianjin / China 100
Siemens Medium Voltage Switching Technologies (Wuxi) Ltd.,
Wuxi / China 85
Siemens Numerical Control Ltd., Nanjing, Nanjing / China 80
Siemens PLM Software (Shenzhen) Limited, Shenzhen / China 100
Siemens Power Automation Ltd., Nanjing / China 100
Siemens Power Equipment Packages Co. Ltd., Shanghai,
Shanghai / China 65
Siemens Power Plant Automation Ltd., Nanjing / China 100
Siemens Rail Automation Technical Consulting Services
(Beijing) Co. Ltd., Beijing / China 100
Siemens Real Estate Management (Beijing) Ltd., Co.,
Beijing / China 100
Siemens Sensors & Communication Ltd., Dalian / China 100
Siemens Shanghai Medical Equipment Ltd., Shanghai / China 100
Siemens Shenzhen Magnetic Resonance Ltd.,
Shenzhen / China 100
Siemens Signalling Co. Ltd., Xi’an, Xi’an / China 70
Siemens Special Electrical Machines Co. Ltd., Changzhi / China 77
Siemens Standard Motors Ltd., Yizheng / China 100
Siemens Surge Arresters Ltd., Wuxi / China 100
Siemens Switchgear Ltd., Shanghai, Shanghai / China 55
Siemens Technology Development Co., Ltd. of Beijing,
Beijing / China 90
Siemens Transformer (Guangzhou) Co., Ltd.,
Guangzhou / China 63
Siemens Transformer (Jinan) Co., Ltd, Jinan / China 90
Siemens Transformer (Wuhan) Company Ltd.,
Wuhan City / China 100
Siemens VAI International Trading Co., Ltd., Shanghai,
Shanghai / China 100
Siemens VAI Manufacturing (Taicang) Co., Ltd., Taicang / China 100
Siemens VAI Metals Technologies Co., Ltd., Shanghai,
Shanghai / China 100
Siemens Venture Capital Co., Ltd., Beijing / China 100
Siemens Water Technologies Ltd., Beijing / China 100
Siemens Wind Power Blades (Shanghai) Co., Ltd.,
Shanghai / China 100
Siemens Wind Power Turbines (Shanghai) Co. Ltd.,
Shanghai / China 49
Siemens Wiring Accessories Shandong Ltd., Zibo / China 100
1 Control due to a majority of voting rights.
2 Control due to rights to appoint, reassign or remove members of the key
management personnel.
3 Control due to contractual arrangements to determine the direction
of the relevant activities.
4 No control due to substantive removal or participation rights held by other parties.
5 No control due to contractual arrangements or legal circumstances.
6 No significant influence due to contractual arrangements or legal circumstances.
7 Significant influence due to contractual arrangements or legal circumstances.
8 Not consolidated due to immateriality.
9 Not accounted for using the equity method due to immateriality.
10 Exemption pursuant to Section  b German Commercial Code.
11 Exemption pursuant to Section  () German Commercial Code.