Annual Shareholders‘ Meetinge...The Crystal 19 Technological transformation of the lighting...

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Annual Shareholders‘ Meeting

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Report to shareholders

Peter Löscher CEO of Siemens AG

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Ernst von Siemens

in those fields which we consider the main focus of our work”

”...to be world-class

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Sapsan in Russia

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Fiscal 2012

Continuing operations in € millions FY 2011 FY 2012 Change

New orders 85,166 76,913 -10%

Revenue 73,275 78,296 +7%

Income from continuing operations 7,376 5,184 -30%

1) Nominal

1)

1)

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Earnings per share

Impact of sale of VDO 2003-2006: income after taxes (US-GAAP), as of 2007: income from continuing operations (IFRS)

2012 2011 2010 2009 2008

6.4

2007 2006 2005 2004 2003

in € + >80%

2.8 3.8

2.5 3.4

4.2

2.7

4.5

7.0

5.1 6.4

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Development of dividend and dividend yield

in €

3.00 3.00 2.70

1.60 1.60

2012 2011 2010 2009 2008

+88%

3.6% 2.4% 2.9% 3.9% 3.6% on average > 3%

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Siemens is the European patent champion

0 10000 20000 30000

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EBITDA margins in comparison to competitors

Industry

Healthcare

Infrastructure and Cities

11-17%

15-20% 18.5%

8-12%

10-15% Energy

7.5%

14.9%

9.3%

FY 2011 FY 2012 Margin corridor

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First quarter 2013

Continuing operations in € millions Q1 2012 Q1 2013 Change

New orders 19,792 19,141 -3%

Revenue 17,856 18,128 +2%

Income from continuing operations 1,314 1,295 -1%

Earnings per share (in €) 1.56 1.42 -9%

1) Nominal

1)

1)

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Vertical IT

2010 2016

60

100

Expansion of portfolio

Development of IT workforce, management 17,500 software engineers

Strategic acquisitions in 2011/12

M&A

Market potential in € billions

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Strong growth of our Environmental Portfolio

Environmental Portfolio in € billions

Renewable energy and environmental technologies

Energy and resource efficiency

2012 2007

33

17

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Highly efficient motors

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Highly efficient gas turbines

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Highly efficient wind turbines

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Highly efficient wind turbines

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Cities – a huge challenge

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The Crystal

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Technological transformation of the lighting industry

Lighting today

Light bulb LED lamp

Lighting yesterday

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Growth market China

Shanghai Pudong

1960

2012

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MRI scanner Magnetom Essenza

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Gas turbine plant in Charlotte

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Energy costs in the USA and Germany

Electricity price (€ ct per kWh)

Industry Private households

0

10

20

30

4.84 9.13

29.95

17.03