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Consolidated Financial Statements

NOTE 29 Information about geographies
Revenue by location
of customer
Revenue by location
of companies
Non-current
assets
Fiscal year Fiscal year Sep 30,
(in millions of €) 2015 2014 2015 2014 2015 2014
Europe, C. I. S., Africa, Middle East 38,799 38,449 42,432 42,145 20,085 17,053
Americas 21,702 18,494 21,440 18,173 18,577 12,175
Asia, Australia 15,135 14,283 11,765 10,909 2,791 2,753
Siemens 75,636 71,227 75,636 71,227 41,453 31,981
thereof Germany 11,244 10,781 18,443 18,485 6,748 6,497
thereof foreign countries 64,392 60,446 57,194 52,742 34,705 25,484
therein U. S. 15,263 12,647 16,540 13,565 17,296 10,861
Non-current assets consist of property, plant and equipment,
goodwill and other intangible assets.
NOTE 30 Related party transactions
JOINT VENTURES AND ASSOCIATES
Siemens has relationships with many joint ventures and asso-
ciates in the ordinary course of business whereby Siemens
buys and sells a wide variety of products and services generally
on arm’s length terms.
Sales of goods
and services
and other income
Purchases of goods
and services
and other expenses
Fiscal year Fiscal year
(in millions of €) 2015 2014 2015 2014
Joint ventures 365 341 39 23
Associates 687 732 197 165
1,052 1,074 236 188
Receivables Liabilities
Sep 30, Sep 30,
(in millions of €) 2015 2014 2015 2014
Joint ventures 167 198 377 72
Associates 113 82 638 255
280 280 1,015 327
As of September ,  and , guarantees to joint ven-
tures and associates amounted to € , million and
€ , million, respectively, including the HERKULES obliga-
tions of € , million and € , million, respectively. As of
September ,  and , guarantees to joint ventures
amounted to €  million and €  million, respectively. As of
September ,  and , the Company had commitments
to make capital contributions of €  million and €  million to
its joint ventures and associates, therein €  million and
€  million related to joint ventures, respectively. For a loan
raised by a joint venture, which is secured by a Siemens guar-
antee, Siemens granted an additional collateral. As of Septem-
ber ,  and  the outstanding amount totaled to
€  million and €  million, respectively. As of September ,
 and  there were loan commitments to joint ventures
and associates amounting to €  million and €  million, re-
spectively, therein €  million and €  million, respectively
related to joint ventures.
RELATED INDIVIDUALS
In fiscal  and , members of the Managing Board re-
ceived cash compensation of € . million and € . million.
The fair value of stock-based compensation amounted to
€ . million and € . million for , and , Stock
Awards, respectively, in fiscal  and . In fiscal  and
, the Company granted contributions under the BSAV to
members of the Managing Board totaling € . million and
€ . million.