Professional Documents
Culture Documents
August 2016
Disclaimer
This document contains statements related to our future business and financial performance and future events or to developments involving Siemens that may
constitute forward-looking statements. 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. We may also make forward-looking statements in other reports, in presentations, in material delivered
to shareholders and in press releases. In addition, our representatives may from time to time make oral forward-looking statements. Such statements are based on
the current expectations and certain assumptions of Siemens management, of which many are beyond Siemens control. These are subject to a number of risks,
uncertainties and factors, including, but not limited to, those described in disclosures, in particular in the chapter Risks in Siemens Annual Report. Should one or
more of these risks or uncertainties materialize, or should underlying expectations not occur 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.
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 document includes supplemental financial measures not clearly defined in IFRS that are or may be non-GAAP financial measures. These supplemental
financial measures should not be viewed in isolation or as alternatives to measures of Siemens net assets and financial positions or to the results of operations as
presented in accordance with IFRS in its Consolidated Financial Statements. Other companies that report or describe similarly titled financial measures may
calculate them differently.
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.
August 2016
siemens.com
Q3 2016
Q3 2015
Change in %
Volume
Q3 2016
Q3 2015
1,822
684
Liquidity
21,060
19,804
Orders
Revenue
19,858
18,844
6%
5%
(ROCE)1
348
114
234
1,372
13.7%
1,376
14.9%
0%
Germany
Outside Germany
(in millions of )
Orders
Revenue
Profit
Profit margin
Industrial Business
Power
Wind
and Gas
Power and
Renewables
4,512
4,321
480
11.1%
2,729
1,722
143
8.3%
Energy
Management
3,102
2,894
240
8.3%
Building
Technologies
1,658
1,536
140
9.1%
Mobility
Digital
Factory
1,112
1,795
158
8.8%
Process
Industries
and Drives
2,563
2,519
395
15.7%
2,117
2,247
101
4.5%
Healthineers
3,382
3,230
534
16.5%
Financial
Services
(SFS)
238
238
139
17.4%2
August 2016
siemens.com
Fiscal 2015
Key figures
Key figures Siemens FY 2015
(Continuing operations; in millions of
except where otherwise stated)
FY 2015
FY 2014
Change in %
82,340
75,636
77,657
71,227
6%
6%
Volume
Orders
Revenue
Healthineers 17%
Process Industries
and Drives 13%
Digital Factory 13%
income1
(ROCE)1
7,380
19.6%
5,507
17.2%
4,674
5,201
34%
Mobility 10%
Liquidity
Free cash flow1
Revenue by Region
Asia, Australia 20%
348
114
234
338
114
224
Americas 29%
Germany 15%
August 2016
siemens.com
Global presence
Close to customers all over the world
Germany
11.2 billion
15%
114,000
33%
Share
of total
worldwide
28%
of total
worldwide
Americas
21.7 billion
29%
73,500
21%
Share
of total
worldwide
Asia, Australia
Revenue by customer location
August 2016
15.1 billion
20%
61,500
18%
Share
of total
worldwide
siemens.com
August 2016
siemens.com
1816 1892
Company founder,
visionary and inventor
1959
1983
2012
SIMATIC makes
Siemens a leader in
automation technology
1847
1925
1975
2010
2015
Pointer telegraph
lays the foundation
of Siemens as a
global company
Siemens electrifies
the Irish Free State
with a hydroelectric
power plant.
Breakthrough of
high-voltage directcurrent (HVDC)
transmission
Sinalytics puts
digital services for
industry on a new
footing
1866
August 2016
siemens.com
August 2016
siemens.com
"Ingenuity" stands for innovation, engineering and genius. For us, it also
includes unity: We are united in our efforts, and we are committed to partnering
with our customers.
"For life" relates to our role in society: to make real what matters.
"Ingenuity for life" is therefore our unrelenting drive and promise to create value
for customers, employees and society.
August 2016
siemens.com
Megatrends
Challenges that are transforming our world
Digitalization
Urbanization
Demographic change
Globalization
Sources:
Climate change
According to scientists, in the
summer of 2016, the Earth's
atmosphere had the highest CO2
concentration in 800,000 years.4
Siemens AG 2016. All rights reserved.
Page 10
August 2016
1. IDC, The Digital Universe of Opportunities: Rich Data and the Increasing Value of the Internet of Things,
April 2014
2. United Nations, Department of Economic and Social Affairs, Population Division (2015).
World Population Prospects: The 2015 Revision, Key Findings and Advance Tables.
Working Paper No. ESA/P/WP.241
3. United Nations, World Urbanization Prospects. The 2014 Revision, New York, published 2015
4. SCRIPPS INSTITUTE OF OCEANOGRAPHY, The Keeling Curve, July 30th, 2016
5. UNCTAD Statistics, Values and shares of merchandise exports and imports from 1948 to 2014,
November 10, 2015
siemens.com
Digitalization at Siemens
Productivity lever for our customers
Improved productivity,
shorter time-to-market
Cooperation
and mobile IT
Greater flexibility
and stability
Automation and
operation
Higher availability
and efficiency
Maintenance and
services
Vertical software
Revenue, FY 2015
Cyber security
Profitability
Market growth
August 2016
Digital services
3.1 billion
0.6 billion
++
+9%
+++
+15%
siemens.com
Vision 2020
A consistent company concept
August 2016
siemens.com
Vision 2020
Electrification, automation and digitalization
Global trends
Digital transformation
~79%
Market growth
Globalization
Digitalization
Automation
Urbanization
Electrification
~46%
Market growth
~23%
Market growth
Demographic change
Needs increase as populations
grow and age
Climate change
Greater resource efficiency
in an electrified world
August 2016
Medium-term 2020
2014
Power
generation
Power transmission,
power distribution
and smart grids
Efficient
healthcare
delivery
siemens.com
Vision 2020
Seven goals
Implement stringent
corporate governance
Goal:
Cut costs by
~1
Execute financial
target system
Goal:
ROCE of
Goal:
Growth
20%
to
billion
by 2016
15%
Goal:
Page 14
August 2016
Goal:
20%
>
most relevant
competitors
50%
improvement
in Net Promoter
Score
increase in the
number of employee
shareholders
Be an employer of choice
Goal:
Goal:
> 30%
> 75%
of Division and
Business Unit
management
outside Germany
Be a partner of
choice for customers
siemens.com
Vision 2020
Selected growth fields
Digital-twin software
August 2016
siemens.com
Vision 2020
Five elements create Ownership Culture
Equity
Values
Supports a sense of
long-term-, output- and
profit-orientation.
our foundation:
Responsible
Excellent
Innovative
Ownership
culture
People orientation
Behaviors
Respect
Focus
Initiative & execution
Leadership
Be bold, decisive & courageous
Siemens matters
Motivate & engage
Siemens AG 2016. All rights reserved.
Page 16
August 2016
siemens.com
Vision 2020
Milestones for the implementation of our company concept
Value
Scale up
Strengthen core
Drive performance
Foster ownership culture and leadership based on common values
2015
Strategic
direction
Operational
consolidation
August 2016
2016
2017
Optimization
2018
2019
2020
Vision 2020
Innovation is our lifeblood
Investment in research and development
the basis for growth and competitiveness
4.5 billion
32,100 17,500
R&D expenditures1
R&D employees1
7,650
3,700
Inventions1
Software engineers1
University partnerships
our edge in knowledge
9
Center of Knowledge
Interchange (CKI)
universities
16
Principal partner
universities
1 In FY 2015
August 2016
siemens.com
Approx.
1 billion
in funds over
5 years
August 2016
Distributed
electrification
Artificial
intelligence
Connected
(e-)mobility
Block-chain
applications
eAircraft
Autonomous
machines
siemens.com
Vision 2020
Being an employer of choice
Siemens Europeans@Siemens
program enables more than 100
young people from EU countries as
well as Turkey and Egypt to
participate in work-study programs
in Germany in the fields of
electronics and mechatronics.
153,000 Siemens
employees own company
shares and are thus coowners of the company.
August 2016
siemens.com
August 2016
siemens.com
Sustainability
Siemens aims to be net-carbon neutral by 2030
2.2 Mt
CO2
-50%
-100%
2014
2020
2030
Electricity
Heating / Process heat
Fleet
Other
August 2016
Vision 2020
The leadership team
Joe Kaeser
President and Chief
Executive Officer (CEO)
Roland Busch
Lisa Davis
Klaus Helmrich
Corporate
Development
Governance and Markets
Communications
Legal and Compliance
Asia
Australia
Energy Management
Building Technologies
Mobility
Americas
Power and Gas
Wind Power and Renewables
Power Generation
Services
Africa
Europe
Digital Factory
Process Industries
and Drives
Willi Meixner
CEO
Markus Tacke
CEO
Randy Zwirn
CEO
Ralf Christian
CEO
Matthias
Rebellius
CEO
Power Generation
Services
Energy
Management
Building
Technologies
Janina Kugel
Labor Director,
Chief Diversity Officer
Siegfried Russwurm
Chief Technology
Officer (CTO)
Ralf P. Thomas
Chief Financial
Officer (CFO)
Human Resources
Corporate Technology
CIS1
Middle East
Healthineers
Jochen Eickholt
CEO
Mobility
Jan Mrosik
CEO
Jrgen Brandes
CEO
Bernd Montag
CEO
Digital Factory
Process
Industries and
Drives
Healthineers
Roland
Chalons-Browne
CEO
Financial
Services
August 2016
siemens.com
August 2016
FY 2015
FY 2014
Orders
in millions of
15,666
13,996
Revenue
in millions of
13,193
12,720
in thousands
50
42
siemens.com
August 2016
FY 2015
FY 2014
Orders
in millions of
6,136
7,759
Revenue
in millions of
5,660
5,567
in thousands
13
12
siemens.com
Energy Management
Partner for efficient power infrastructure
The Energy Management Division is one of the leading global suppliers of
products, systems, solutions and services for the economical, reliable and
intelligent transmission and distribution of electrical power. As the trusted
partner for the construction and expansion of an efficient and reliable power
infrastructure, the Energy Management Division provides utility companies
and industrial customers with a portfolio that meets their needs.
The portfolio ranges from systems for the low-voltage and distribution power
grid level to smart grids and energy automation solutions to power supplies for
industrial plants and high-voltage transmission systems.
siemens.com/ar/energy-management
August 2016
FY 2015
FY 2014
Orders
in millions of
12,956
11,210
Revenue
in millions of
11,922
10,708
in thousands
52
53
siemens.com
Building Technologies
World leader for building technologies
The Building Technologies Division is a leading global provider of safe,
energy-efficient and environmentally friendly building and infrastructure
technologies.
As a technology partner, consultant, service provider, system integrator and
supplier, the Division offers solutions for fire safety, security, building
automation, heating, ventilation and air conditioning (HVAC) as well as energy
management.
siemens.com/ar/building-technologies
August 2016
FY 2015
FY 2014
Orders
in millions of
6,099
5,587
Revenue
in millions of
5,999
5,569
in thousands
27
27
siemens.com
Mobility
Transportation solutions for the future
The efficient and integrated transportation of people and goods by rail and
road the Mobility Division bundles all of Siemens transportation-related
products, solutions and services.
The Divisions five business units Mobility Management, Turnkey Projects &
Electrification, Mainline Transport, Urban Transport and Customer Services
provide modern, interconnected and IT-based mobility. They have the knowhow to make road traffic flow more smoothly and quickly, to make trains more
environmentally friendly and efficient and to make train schedules and freight
shipments more reliable.
siemens.com/ar/mobility
August 2016
FY 2015
FY 2014
Orders
in millions of
10,262
9,280
Revenue
in millions of
7,508
7,249
in thousands
26
26
siemens.com
Digital Factory
Partner of the manufacturing industry worldwide
The Digital Factory (DF) Division offers a comprehensive portfolio of
seamlessly integrated hardware, software and technology-based services to
support manufacturing companies worldwide in enhancing the flexibility and
efficiency of their production processes and in reducing the time to market of
their products.
The Divisions objective is to provide a hardware and software portfolio that
seamlessly links product development, production and suppliers so that
ultimately a complete digital representation of the entire physical value chain is
achieved. The platform for this is called Digital Enterprise.
siemens.com/ar/digital-factory
August 2016
FY 2015
FY 2014
Orders
in millions of
10,014
9,233
Revenue
in millions of
9,956
9,201
in thousands
44
43
siemens.com
August 2016
FY 2015
FY 2014
Orders
in millions of
9,337
9,968
Revenue
in millions of
9,894
9,645
in thousands
47
48
siemens.com
Financial Services
Financial solutions for business customers
The Financial Services Division (SFS) provides business-to-business financial
solutions. Around the globe, we support customer investments with project
and structured financing as well as leasing and equipment finance.
The success of Financial Services is built on a unique combination of risk
competence, technological expertise and reliable financial resources. Through
our international network of SFS companies, we provide subject to the legal
requirements in the respective country a great variety of financial solutions.
siemens.com/ar/sfs
Orders
Allocated equity
(as of September 30, 2015)
August 2016
FY 2015
FY 2014
in millions of
24,970
21,970
in millions of
2,417
2,148
in thousands
siemens.com
Healthcare
Next-generation medical technology
Siemens Healthineers is one of the world's largest suppliers of technology for
the healthcare industry and a leader in medical imaging, laboratory
diagnostics and advanced image-guided therapy applications. The company is
also active in the field of digital and enterprise services as well as molecular
diagnostics.
Siemens Healthineers aims to blaze new trails for healthcare providers
worldwide as their partner in the quest to improve medical outcomes and cut
costs.
siemens.com/ar/healthcare
Page 32
August 2016
FY 2014
Orders
in millions of
13,349
12,126
Revenue
in millions of
12,930
11,736
44
43
FY 2015
siemens.com
in millions of
FY 2015
FY 2014
11,244
10,781
114
114
Employees
(As of September 30, 2015; continuing operations) in thousands
Siemens AG 2016. All rights reserved.
Page 33
August 2016
siemens.com
in millions of
FY 2015
FY 2014
38,799
38,449
213
211
Employees
(As of September 30, 2015; continuing operations) in thousands
Siemens AG 2016. All rights reserved.
Page 34
August 2016
siemens.com
21,702
18,494
73.5
70
Employees
(As of September 30, 2015; continuing operations) in thousands
Siemens AG 2016. All rights reserved.
Page 35
August 2016
siemens.com
FY 2015
FY 2014
15,135
14,283
62
62
Employees
(as of September 30, 2015; continuing operations) in thousands
Siemens AG 2016. All rights reserved.
Page 36
August 2016
siemens.com
Contact
Siemens AG
CC EI SP
Wittelsbacherplatz 2
80333 Munich
Germany
siemens.com
contact@siemens.com
For further information:
siemens.com/about
siemens.com/press
siemens.com/investors
siemens.com/innovation
siemens.com/careers
August 2016
siemens.com