External revenue; Siemens' fiscal years end September 30. Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the industry, energy, healthcare, and infrastructure and cities sectors worldwide. This page requires JavaScript in order to be fully functional and displayed correctly. Siemens Mobility received orders worth € 12.69 billion in fiscal 2021 (ending September 30), up 38% from fiscal 2020. The most important key figures provide you with a compact summary of the topic of "Siemens " and take you straight to the corresponding statistics. This document includes – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAP-measures). As of March 31, 2020 and September 30, 2019, loans given to joint ventures and associates amounted to €781 million and €679 million, respectively, therein €763 million and €662 million related to joint ventures, respectively. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. JavaScript and reload the As of March 31, 2020 and September 30, 2019, guarantees of continuing operations to joint ventures and associates amounted to €236 million and €470 million, respectively. Through Mobility, a leading supplier of intelligent mobility solutions for rail and road transport, Siemens is helping to shape the world market for passenger and freight services. Future payment obligations under operating leases as of September 30, 2019 reconcile to the lease liability as of October 1, 2019, as follows: Future minimum lease payments from operating leases as of September 30, 2019 (gross), Future minimum lease payments from finance leases as of September 30, 2019 (gross), Change in future minimum lease payments relating to service components, Other (therein leases terminating before Sep 30, 2020 €(34), leases concluded not yet commenced €(23)), Future minimum lease payments from leases under the right-of-use model as of October 1, 2019 (gross), Discounted using incremental borrowing rates (weighted average incremental borrowing rate as of October 1, 2019 1.8%. These supplemental financial measures should not be viewed in isolation or as alternatives to measures of Siemens’ net assets and financial positions or results of operations as presented in accordance with the applicable financial reporting framework in its Consolidated Financial Statements. Income from continuing operations. Get in touch with us. The partly preliminary purchase price allocations resulted in Other intangible assets of €242 million and Goodwill of €246 million. We conducted our review of the half-year consolidated financial statements and the interim group management report in compliance with German Generally Accepted Standards for the Review of Financial Statements promulgated by the Institut der Wirtschaftsprüfer (IDW - Institute of Public Auditors in Germany) and in supplementary compliance with International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". In December 2019, a subsidiary's credit facility was extended: the €500 million fully drawn tranche will mature in 2022 and the €2.0 billion unused tranche will mature in 2024. Corona related impacts on Siemens' Consolidated Financial Statements may result from declining and more volatile share prices, interest rate adjustments in various countries, increasing volatility in foreign currency exchange rates, deteriorating creditworthiness, credit default or delayed payments, delays in order placements as well as in executing orders and contracts, termination of contracts, adjusted or modified revenue and cost patterns, limited usage of assets, volatility in financial and commodity markets, limited or no access to customer facilities and hardship in preparing predictions and forecasts due to uncertainties in amount and timing of cash flows. Chart. The adoption increased Current income tax assets and Equity by €553 million. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, For the best experience we suggest that you download the newest version of a supported browser: Internet Explorer, Siemens, Microsoft Seek Corporate Support for CBI's Survival Amid Sexual Misconduct Cas.. Siemens : Mobility acquires Optrail to expand its Train Planning System functionalities. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Siemens is a Germany-based company specialized in engineering, electronics, and medical electrical devices. World's largest conglomerates: market value 2022, Global electronics industry by region - growth outlook 2020-2022, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Please create an employee account to be able to mark statistics as favorites. Furthermore, accounting estimates are made in determining the net realizable value of inventories considering quantity, technical and price risks. We use cookies to make our services work and collect analytics information. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. usability. Statista assumes no resilience of Siemens. Financial instruments measured at cost or amortized cost for which the carrying amount does not approximate fair value: Loans from banks, other financial indebtedness and lease liabilities. It looks like you are using a browser that is not fully supported. and Sustainability Report available to view on our partner site, ResponsibilityReports.com. We Such statements are based on the current expectations and certain assumptions of Siemens’ management, of which many are beyond Siemens’ control. While our assessments of individual risks have changed during the first half of fiscal 2020 due to developments in the external environment, effects of our own mitigation measures and the revision of our risk assessment, the overall risk situation for Siemens did not change significantly as compared to the prior year with the exception of the COVID-19 pandemic. As a Premium user you get access to background information and details about the release of this statistic. Businesses Strategy Siemens History The company 2020 Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Table of contents A. Siemens neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. This page also includes an archive of previous annual reports and sustainability information. For these groups of cash-generating units, Siemens conducted a goodwill impairment test immediately before the held for disposal classification. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Company aiming to tap into growing market for smart buildings, Sees big potential in e-mobility charging, CEO says current margins sustainable after pandemic recovery. In March 2020, the City of Jackson and the defendants settled the matter for approximately US$90 million (approximately €82 million as of March 2020). "Smart building software is becoming more important with the higher integration needed to manage, operate and maintain buildings," said Rebellius, who is also chief executive of SI. In the six months ended March 31, 2020, Siemens acquired several businesses for a total purchase price of €462 million, mainly paid in cash. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures. Due to rounding, numbers disclosed may not add up precisely to totals provided. in Germany which reduced Provisions for pensions and similar obligations by €441 million and which resulted in a gain of €219 million disclosed in Other operating income and in Real Estate Services. November 11, 2021. Siemens Mobility GmbH Company Profile - Dun & Bradstreet As of March 31, 2020 and September 30, 2019, there were loan commitments to joint ventures amounting to €372 million and €361 million, respectively. In the 2022 fiscal year, revenue is expected to grow between 5 and 8%. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The longer the lockdown measures, the disproportionately deeper the resulting recession is expected to be. The accompanying condensed Half-year Consolidated Financial Statements as of March 31, 2020 present the operations of Siemens AG and its subsidiaries (the Company or Siemens). Siemens Mobility - USA - USA These Half-year Consolidated Financial Statements are in accordance with IFRS applicable to interim financial reporting as issued by the IASB and as adopted by the EU and should be read in conjunction with the Siemens Consolidated Financial Statements as of September 30, 2019. Chrome Browser, (November 11, 2021). NOTE 2Acquisitions, dispositions and discontinued operations. Other companies that report or describe similarly titled alternative performance measures may calculate them differently. This decision by the Israeli Court is subject to appeal. Accessed June 06, 2023. https://www.statista.com/statistics/281333/revenue-of-siemens-ag-by-segment/, Siemens. Please note that there might be constraints on site display and Other intangible assets of €145 million and Goodwill of €35 million were reclassified to Assets held for disposal subsequently. For example, if containment measures are initiated on short notice or last unforeseeably long, this might significantly impact our business in a way that exceeds current expectations and might go beyond already initiated mitigation measures. challenging environment, we have won market share and clearly exceeded our net The purchase price paid in cash including adjustments is US$219 million (€196 million) and Siemens Healthineers' redemption of financial liabilities of ECG is US$143 million (€129 million). All quotes delayed a minimum of 15 minutes. The distribution group includes Gas and Power and the 67% stake in Siemens Gamesa Renewable Energy. www.siemens.com. Siemens AG does not currently have any hardcopy reports on AnnualReports.com. "Honestly, when I talk to customers, they are not asking for providers focused on one product only," said Rebellius, who said companies operating in only one area was more a topic for analysts. Please find the link below. Discontinued operations: Siemens Energy spin-off. Orders of €60.0 billion and revenue of €57.1 billion, for a book-to-bill ratio of 1.05, These figures represent declines of 7% and 2%, respectively, compared to the prior year, on both a nominal and a comparable basis, excluding currency translation and portfolio effects, Adjusted EBITA Industrial Businesses of €7.6 billion, 3% below the prior-year level; Adjusted EBITA margin of 14.3% included a positive €0.8 billion effect from the stake in Bentley Systems, Inc., which contributed 1.5 percentage points to the margin, partly offset by severance charges of €0.5 billion which took 0.9 percentage points; results outside Industrial Businesses impacted by a €0.5 billion impairment of an equity investment, Net income declined to €4.2 billion, including a loss of €0.1 billion within discontinued operations compared to income from discontinued operations of €0.5 billion in the prior year, resulting in basic earnings per share (EPS) from net income of €5.00, Despite less favorable conditions for cash collection, Free cash flow rose clearly to €6.4 billion, reaching the highest level in the past decade, With the spin-off of the energy business, Siemens allocated 55.0% of its ownership interest in Siemens Energy AG to its shareholders, a further 9.9% were transferred to Siemens Pension-Trust e.V and the remaining 35.1% of shares are held by Siemens and reported within Reconciliation to Consolidated Financial Statements as Siemens Energy Investment, After the successful spin-off of Siemens Energy, Siemens proposes a dividend of €3.50 per share, consisting of €3.00 at the upper end of our targeted dividend payout ratio, supplemented by an additional €0.50. You need at least a Starter Account to use this feature. This page requires JavaScript in order to be fully functional and displayed correctly. Your vote helps our reports be more useful. For further information, please refer to Note 2 in B.6 Notes to Half- year Consolidated Financial Statements, Three out of four of our industrial businesses posted cash inflows from operating activities within continuing operations, with the strongest conversion of Adjusted EBITA into cash by Digital Industries; Mobility reported an aggregate cash outflow driven by a build- up of operating net working capital, which was also the biggest factor for cash outflows totaling €1.1 billion from the change in operating net working capital, Cash outflows from investing activities included within continuing operations €1.0 billion for Siemens Healthineers' acquisition of Corindus Vascular Robotics, Inc. and €0.3 billion for ECG Management Consultants; for increases in other intangible assets and goodwill in connection with the preliminary purchase price allocation relating to these acquisitions please see Note 2 in B.6 Notes to, Cash outflow from financing activities within discontinued operations, included €1.1 billion for the purchase of Iberdrola S.A.'s 8.1% stake in SGRE; this purchase resulted in a decrease in retained earnings, The initial application of IFRS 16, Leases, led to a shift of lease payments from cash flows from operating activities to cash flows from financing activities and thereby had a positive effect on Free cash flow. Siemens plans to complete the spin-off and listing before the end of the fiscal 2020. As soon as this statistic is updated, you will immediately be notified via e-mail. The Company believes assumptions applied appropriately reflect the current situation. Further information is available on the Internet at In November 2019, Siemens Healthineers acquired 75% of the ownership interest in ECG Management Consultants (ECG). Safari Browser. The adjusted EBITA amounted to 847 billion euros, an increase of 8% over the previous year, and the adjusted EBITA margin – 9.3%. Siemens measures the distribution group at its carrying amount, which is less than the fair value less costs to distribute. Learn more about how Statista can support your business. Home . Revenues increased by 2%, from 9 billion to 9.2 billion euros.  -, Currency translation effects added one percentage point, while portfolio transactions had a minimal effect on order development, Currency translation effects added one percentage point, while portfolio transactions had a minimal effect on revenue growth year-, Digital Industries: Major factors for the decline were lower revenue in the, Smart Infrastructure: Sharply higher severance charges totaling €134 million (H1 FY 2019: €23 million) on stringent execution of its competitiveness program and impacts related to, Mobility: Continued strong earnings performance despite effects from, Siemens Healthineers: Decline mainly due to substantially lower profitability in the diagnostics business due partly to higher costs related to Atellica solution, Severance charges for Industrial Businesses were €330 million (H1 FY 2019: €86 million), reducing Adjusted EBITA margin Industrial Businesses by 1.3 percentage points. As of March 31, 2020 and September 30, 2019, the Company had commitments to make capital contributions of €174 million and €145 million to its joint ventures and associates, therein €156 million and €127 million related to joint ventures, respectively. These statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Please find the link below. We'd also like to use analytics cookies so we can understand how you use our services and to make improvements. The Half-year Consolidated Financial Statements are in accordance with IFRS applicable to interim financial reporting as issued by the IASB and as adopted by the EU. Annual Report 2020. Convenience and mobility Convenience and mobility. In addition, property, plant and equipment and lease liabilities increased. Siemens' Siemens Mobility Secures EUR530 Million TransPennine Express Contract Extensio.. Goldman raises target for Siemens to 245 euros - 'Buy', Head-Corporate Finance, Accounting & Controlling. PDF Siemens Annual Report 2016 However, impacts resulting from the pandemic are not assumed to be of long-term duration. Those standards require that we plan and perform the review to obtain a certain level of assurance in our critical appraisal to preclude that the half-year consolidated financial statements are not prepared, in all material respects, in accordance with IFRS applicable to interim financial reporting as issued by the IASB and as adopted by the EU and that the interim group management report is not prepared, in all material respects, in accordance with the requirements of the WpHG applicable to interim group management reports. Provisions for pensions and similar obligations as of March 31, 2020: €7.5 billion (September 30, 2019: €9.9 billion); the decrease was due mainly to a higher discount rate assumption, extraordinary fundings in Germany and the reclassification of Gas and Power and SGRE obligations as liabilities associated with assets held for disposal; the decrease was partially offset by negative returns on plan assets; For information with regard to transactions with shareholders please refer to Note 4 in B.6 Notes to, Lack of raw materials could hamper expansion of hydrogen production, Cms : Siemens Aktiengesellschaft: Release of a capital market information, Siemens, Microsoft Seek Corporate Support for CBI's Survival Amid Sexual Misconduct Case. Siemens : H1 FY2020 Half-year Financial Report | MarketScreener In case of discrepancies, the German language document is the sole authoritative and universally valid version. As of March 31, 2020, guarantees of discontinued operations to joint ventures amounted to €142 million. SIEMENS MOBILITY LIMITED filing history - Find and update company ... The preliminary purchase price allocation as of the acquisition date mainly resulted in Other Intangible assets of €112 million, Goodwill of €189 million and current financial liabilities of €132 million. This page requires JavaScript in order to be fully functional and displayed correctly. site. Should one or more of these risks or uncertainties materialize, events of force majeure, such as pandemics, occur or should underlying expectations including future events occur at a later date or not at all or assumptions prove incorrect, actual results, performance or achievements of Siemens may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. Despite the coronavirus pandemic (COVID-19), Siemens was able to operate production sites and supply chains near normal levels in the first half of fiscal 2020; nevertheless volume, income and cash flows were noticeably affected by consequences from the pandemic, primarily a decline in demand and restricted access to customer sites in affected regions. If you are an admin, please authenticate by logging in again. We expect to record a spin-off gain within discontinued operations, the amount of which cannot yet be reliably forecast. Since we set out our strategy in 2020, our track record of delivery has given us increased confidence as we invest in bp's transition and the energy transition. But even if offices are used less as working from home increases after the pandemic, Rebellius was confident. This company has a Business Responsibility We could be facing unexpected shutdowns of locations, factories or office buildings of our suppliers, customers or our own operations, thus impairing our ability to produce or deliver our products, solutions and services. In the second quarter of fiscal 2020, we gradually started to feel the effects in our businesses, short-cycle as well as project businesses, as for example customers are canceling orders or delaying investments, we are exposed to an increased risk of default and our supply chain is experiencing difficulties in certain areas. In the second quarter of fiscal 2020, a dividend of €3.90 per share was paid. Income (loss) from discontinued operations before income taxes, thereof attributable to Siemens AG shareholders, ¹mainly includes income taxes relating to the legal carve-out of the distribution group. The Half-year Consolidated Financial Statements are unaudited and were authorized for issue by the Managing Board on May 6, 2020. ACCELERATE - AnnualReports.com The Company's management is responsible for the preparation of the half-year consolidated financial statements in accordance with IFRS applicable to interim financial reporting as issued by the IASB and as adopted by the EU and of the interim group management report in accordance with the requirements of the WpHG applicable to interim group management reports. [{"name":"Home","site_name":"Press | Company | Siemens","description":"","url_str":"\/global\/","level":0,"image":"","base_root":"https:\/\/press.siemens.com","base_nid":"5","base_nodepath":"\/node\/5","base_path":"\/global\/","base_secure_url":"https:\/\/press.siemens.com\/global","children":null}], At €57.1 billion, revenue at prior-year level; orders decline slightly to €60.0 billion, At €7.6 billion, adjusted EBITA for Industrial Businesses only slightly below prior-year level; adjusted EBITA margin of 14.3 percent (FY 2019: 14.4 percent) stable at a high level, Net income of €4.2 billion (FY 2019: €5.6 billion), Free cash flow up substantially to €6.4 billion (FY 2019: €5.8 billion); highest level in past ten years, Vision 2020+ execution successfully driven, Total dividend of €3.50 per share (FY 2019: €3.90), Outlook: Siemens expects moderate rise in net income for FY 2021 despite significant burdens from currency translation effects. In May 2019, Siemens announced to transfer the energy business into a new company, Siemens Energy, and list it on the stock market by a spin-off. I’m personally very grateful for the outstanding Please enable Mobility recognizes revenue predominantly over time due to the nature of their long-term contracts. Software boasts higher margins than for the products business which includes fire and smoke detectors, sensors and fuse boxes. Annual Report 2020 | Press | Company | Siemens In the six months ended March 31, 2020, Siemens made contributions to Pension Trusts of €780 million (continuing operations). JavaScript and reload the Firefox Browser, Siemens Mobility annual orders rose to 12.7 billion euros 23.11.2021. Adverse impacts on the macroeconomic environment from COVID-19 are expected to widen in Q3 FY 2020. Debt Issuance Program:in the six months ended March 31, 2020, the 1.5% €1.0 billion fixed-rate instrument was redeemed as due. Valuation adjustments recognized in the first six months ended March 31, 2020 reduced book values of loans related to joint ventures by €153 million and increased book values in the first six months ended March 31, 2019 by €14 million, respectively. Siemens AG (Berlin and Munich)is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. At the end of the first half of fiscal 2020, Gas and Power and Siemens Gamesa Renewable Energy (SGRE) were classified as held for disposal and discontinued operations. In the fourth quarter of 2021, the following dynamics was observed for the same indicators: orders amounted to 2.75 billion euros (+ 33% to the same period of fiscal 2020), revenues rose to 2.51 billion euros from 2.44 billion euros a year earlier , the adjusted EBITA fell by 6% to 227 million euros, and the adjusted EBITA margin was fixed at 9%. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. North America's leading automation vendors 2020, General Electric: number of employees 2006-2021, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022.