This Is Siemens
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Umschlag e 98/12/03 22.02.2002 13:36 Uhr Seite 1 s s THIS IS SIEMENS iemens is undeniably a global power- Selected financial data house in electrical engineering and elec- Stronics. We have more than 400,000 1998 1997 1996 employees around the world working to develop New orders 119,601 113,120 100,805 and manufacture leading-edge products, design Net sales 117,696 106,930 94,180 and install complex systems and projects, and tailor a range of individualized services as varied Net income 1998 1998 before extraordinary items 2,658 2,608 2,491 as our customers' requirements. By harnessing Net income innovative technologies and comprehensive after extraordinary items 917 2,608 2,987 know-how, we help our customers in more than Report 190 countries meet their business and technical Net cash needs. The life technologies offered by our from operations (3,888) (3,138) (1,629) including Energy, Industry, Transportation, Health Care, Net cash provided by Annual Annual Report 1998 Lighting, and Information and Communications operating activities 3,981 4,073 4,666 segments help improve living standards around Net cash used in the globe. In everything we do, we aim to ben- investing activities (7,869) (7,211) (6,295) efit humankind, help protect the environment, and utilize resources responsibly. Research and development expenses 9,088 8,132 7,296 With business success a prerequisite for achieving all these goals, our foremost priority is Employees 416,000 386,000 379,000 to create value for our shareholders and Stock price range* employees. As a systems supplier, we possess (Oct. 1 – Sept. 30) (in DM) an unmatched range of technical competen- High 138.60 130.00 85.96 cies, enabling us to meld knowledge and skills Low 90.30 70.80 71.90 from many different areas of electrical engi- Year-end (Sept. 30) 92.30 119.35 80.46 neering and electronics to create new cus- Number of shares tomer-focused solutions. Our far-reaching com- (in millions) 595 571 560 mitment to research and development, coupled Market capitalization with the efforts of our highly motivated and (Sept. 30) 54,919 68,149 45,058 exceptionally well-qualified employees, engen- Shareholders’ equity ders a steady stream of outstanding innova- (Sept. 30) 30,292 28,407 25,198 tions. With our culture of continuous improve- ment, our company-wide learning process and Per-share data (in DM) our focused drive toward market leadership, we Earnings according are positioning Siemens to deliver world-class to DVFA** 4.39 4.65 4.48 products and solutions for the global markets of Dividends 1.50 1.50 1.50 today and tomorrow. Net cash provided by operating activities 6.69 7.13 8.33 Siemens Aktiengesellschaft Amounts in millions of German marks (DM), unless stated otherwise * XETRA or IBIS closing price, Frankfurt Printed on paper treated with chlorine-free bleach Order No. A19100-F-V032-X-7600 ** Deutsche Vereinigung für Finanzanalyse und Anlageberatung Umschlag e 98/12/03 22.02.2002 13:36 Uhr Seite 2 CORPORATE STRUCTURE Managing Board Siemens financial diary* Heinrich v. Pierer, Dr. jur. Dr.-Ing. E. h. Volker Jung, Dr. Eng. h. c. Heinz-Joachim Neubürger Jürgen Radomski Adolf Hüttl KWU until 12/31/97: President and Special responsibilities: EC, HL, ICN, ICP,PR, SBS (from 11/5/97) Special responsibilities: EL, Med, Osram Roland Koch ICN Werner Maly, Dr.h. c. Africa, Middle East, C.I.S. Finance Europe Chief Executive Officer Ulrich Schumacher, Dr.-Ing. HL until 2/19/98: Special responsibilities: SFS, SIM Interim report for the first quarter Jan. 27, 1999 Planning and Development Edward G. Krubasik, Dr.rer.nat. Günter Wilhelm, Dr.-Ing. E.h. Claus Weyrich, Prof. Dr. phil. ZT Karl-Hermann Baumann, Dr.rer.oec. Special responsibilities: Special responsibilities: A&D, ATD, AT, PL, Peter Pribilla, Prof. Special responsibilities: EV, KWU Finance UK, WPA Annual Shareholders’ Meeting SBT,VT, ZT Human Resources Asia, Australia Special responsibilities: SFS, SIM Special responsibilities: IK Olympiahalle, Munich, 10:00 a.m. Feb. 18, 1999 until 9/30/98: the Americas Horst Langer, Dr.-Ing. Ex-dividend date Feb. 19, 1999 Special responsibilities: Med,VT,Osram, the Americas Wolfram O. Martinsen, Dr.-Ing.E. h. VT Interim report for six months Apr. 21, 1999 Groups* Corporate departments* Summer Press Conference and Energy Industry Health Care Lighting interim report for nine months July 22, 1999 Power Generation Automation and Drives Medical Engineering Osram GmbH** Finance (ZF) Preliminary figures for fiscal year Nov. 3, 1999 (KWU) (A&D) (Med) Heinz-Joachim Neubürger Adolf Hüttl Klaus Wucherer Erich R. Reinhardt, Prof. Dr.-Ing. Wolf-Dieter Bopst, Dr.oec. publ. Charles Herlinger Annual Press Conference Dec. 2, 1999 Andreas Kley Günther Fritsch Robert Kugler, Dr.techn. Heinz-Peter Mohr (until 11/30/98) Gerhard Kluth, Dr.rer.pol. (until 11/30/98) Norbert König Hans M. Strehle Götz Steinhardt Jörg Schaefer, Dr.-Ing. Herbert Lohneiß, Dr.rer.nat. Annual Shareholders’ Meeting Randy H. Zwirn Thomas Seeberg, Dr.rer.pol. (from 12/1/98) Industrial Projects and Components (from 12/1/98) Karl Heinz Midunsky for fiscal 1999 Feb. 24, 2000 Power Transmission and Technical Services (ATD) Albrecht Schäfer, Dr.jur. Semiconductors Distribution (EV) Financial Services Konrad Pernstich (HL) Uriel J. Sharef, Dr.rer.pol. John Schubert Siemens Financial Services Human Resources (ZP) * Preliminary dates Ulrich Schumacher, Dr.-Ing. Klaus Voges Udo N. Wagner, Dr.rer.oec. (SFS) Peter Pribilla, Prof. Peter Fischl Günther G. Goth Gerhard Kluth, Dr.rer.pol. (until 11/30/98) Communications Information and Production and Logistics Passive Components and Herbert Lohneiß, Dr.rer.nat. (until 9/30/98) Communications (from 10/1/98) Systems (PL) Technology (ZT) Electron Tubes (PR) (from 12/1/98) Public Communication Information and Manfred v. Raven Claus Weyrich, Prof. Dr.phil. Klaus Ziegler Networks (OEN) Communication Networks (ICN) Alfred Frank Horst Fischer, Dr.rer.nat. Bodo Lüttge, Dr.oec. publ. Roland Koch Roland Koch Siemens Building Planning and Development Hans-Walter Bernsau Hans-Walter Bernsau Electromechanical Technologies AG (SBT)** (ZU) Helmuth von Deimling Anthony Maher Components (EC) Anthony Maher Werner Schmücking Oskar K. Ronner Heinrich v.Pierer, Dr.jur.Dr.-Ing. E.h. Volkhart P. Matthäus Paul E. Otth Reinhart Bubendorfer Private Communication Information and Helmut Brauneis Hansjörg Franzius, Dr.-Ing. Systems (PN) Communication Products (ICP) Transportation Michael Mirow, Prof. Dr.rer.pol. Rudi Lamprecht Rudi Lamprecht Transportation Systems Corporate Purchasing Adrian v. Hammerstein, Dr.phil. Helmuth von Deimling (VT) and Logistics (EL) Werner Schmücking Adrian v. Hammerstein, Dr.phil. Herbert H. Steffen Erich Hautz, Dr.rer.comm. Hans-Dieter Bott Information (until 9/30/98) Siemens Business Services Information and Karl-Heinz Sämann, Dr.-Ing. GmbH & Co OHG (SBS)** Communication Structures (IK) Siemens Nixdorf Informations- Chittur Ramakrishnan systeme AG (SNI) Friedrich Fröschl, Dr.rer.nat. Automotive Systems Siemens Real Estate Alfred Nowosad Gerhard Schulmeyer (AT) Management (SIM) Friedrich Fröschl, Dr.rer.nat. Franz Wressnigg, Dr.-Ing. Peter Niehaus, Prof. Reinhard Grasse Jürgen Mache Corporate Communications (UK) Rudi Lamprecht Eberhard Posner, Dr.rer.oec. Alfred Nowosad Economics and * The first named is Group president or corporate department head Corporate Relations (WPA) ** Separate legal unit Bernd Stecher, Dr.sc. pol. Regional organization Regional offices, regional companies, representative offices, agencies as of January 1,1999 Umschlag e 98/12/03 22.02.2002 13:36 Uhr Seite 2 CORPORATE STRUCTURE Managing Board Siemens financial diary* Heinrich v. Pierer, Dr. jur. Dr.-Ing. E. h. Volker Jung, Dr. Eng. h. c. Heinz-Joachim Neubürger Jürgen Radomski Adolf Hüttl KWU until 12/31/97: President and Special responsibilities: EC, HL, ICN, ICP,PR, SBS (from 11/5/97) Special responsibilities: EL, Med, Osram Roland Koch ICN Werner Maly, Dr.h. c. Africa, Middle East, C.I.S. Finance Europe Chief Executive Officer Ulrich Schumacher, Dr.-Ing. HL until 2/19/98: Special responsibilities: SFS, SIM Interim report for the first quarter Jan. 27, 1999 Planning and Development Edward G. Krubasik, Dr.rer.nat. Günter Wilhelm, Dr.-Ing. E.h. Claus Weyrich, Prof. Dr. phil. ZT Karl-Hermann Baumann, Dr.rer.oec. Special responsibilities: Special responsibilities: A&D, ATD, AT, PL, Peter Pribilla, Prof. Special responsibilities: EV, KWU Finance UK, WPA Annual Shareholders’ Meeting SBT,VT, ZT Human Resources Asia, Australia Special responsibilities: SFS, SIM Special responsibilities: IK Olympiahalle, Munich, 10:00 a.m. Feb. 18, 1999 until 9/30/98: the Americas Horst Langer, Dr.-Ing. Ex-dividend date Feb. 19, 1999 Special responsibilities: Med,VT,Osram, the Americas Wolfram O. Martinsen, Dr.-Ing.E. h. VT Interim report for six months Apr. 21, 1999 Groups* Corporate departments* Summer Press Conference and Energy Industry Health Care Lighting interim report for nine months July 22, 1999 Power Generation Automation and Drives Medical Engineering Osram GmbH** Finance (ZF) Preliminary figures for fiscal year Nov. 3, 1999 (KWU) (A&D) (Med) Heinz-Joachim Neubürger Adolf Hüttl Klaus Wucherer Erich R. Reinhardt, Prof. Dr.-Ing. Wolf-Dieter Bopst, Dr.oec. publ. Charles Herlinger Annual Press Conference Dec. 2, 1999 Andreas Kley Günther Fritsch Robert Kugler, Dr.techn. Heinz-Peter Mohr (until 11/30/98) Gerhard Kluth, Dr.rer.pol. (until 11/30/98) Norbert König Hans M. Strehle Götz Steinhardt Jörg Schaefer, Dr.-Ing. Herbert Lohneiß, Dr.rer.nat. Annual Shareholders’ Meeting Randy H. Zwirn Thomas Seeberg, Dr.rer.pol. (from 12/1/98) Industrial Projects and Components (from 12/1/98) Karl Heinz Midunsky for fiscal 1999 Feb. 24, 2000 Power Transmission and Technical Services (ATD) Albrecht Schäfer, Dr.jur. Semiconductors Distribution (EV) Financial Services Konrad Pernstich (HL) Uriel J. Sharef, Dr.rer.pol. John Schubert Siemens Financial Services Human Resources (ZP) * Preliminary dates Ulrich Schumacher, Dr.-Ing.