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Siemens Annual Report 2018

Annual Report .1 p 2 Organization of the Siemens Group and basis of p 3 Financial performance p 6 Segment p 18 Results of p 21 Net assets p 22 Financial p 26 Overall assessment of the economic p 28 Report on expected developments and associated material opportunities and p 40 Siemens AGA .10 p 43 Compensation ReportA .11 p 57 Takeover-relevant information Management Report Financial Statements InformationB .1 p 62 Consolidated Statements of p 63 Consolidated Statements of Comprehensive p 64 Consolidated Statements of Financial p 65 Consolidated Statements of Cash p 66 Consolidated Statements of Changes in p 68 Notes to Consolidated Financial StatementsC .1 p 132 Responsibility p 133 Independent Auditor s p 139 Report of the Supervisory p 144 Corporate p 157 Notes and forward- looking statementsTable of contents A.

2 Combined Management Report Siemens is a technology company with core activities in the fields of electrification, automation and digitalization and activities inly all countries of the world.

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