Siemens AG — Earnings Release 2006

Dec 11, 2006

News Details

Ad-hoc | 11 December 2006 20:51

Siemens AG: Corrections of misstatements

Ad hoc announcement transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. —————————————————————————— In connection with the investigation launched by German state prosecutors on November 15, 2006, Siemens initiated an internal investigation into certain transactions and payments which led to adjustments. Net income of fiscal 2006 amounts € 3,033 million and Income from continuing operations amounts € 3,087 million. The additional deferred and current income tax charges totaled €168 million over a period of approximately seven years. Of the total charge, €73 million was reflected in the Company’s fiscal 2006 Consolidated Statements of Income and related to fiscal 2006, 2005 and 2004. The remaining €95 million of additional income tax expense related to years preceding fiscal 2004 and was reflected as a reduction of Shareholders’ equity as of October 1, 2003. Irina Pchelova +49 89 636 33693 (c)DGAP 11.12.2006 ————————————————————————— Language: English Issuer: Siemens Aktiengesellschaft Wittelsbacherplatz 2 80333 München Deutschland Phone: +49 (0)89 636-00 Fax: +49 (0)89 636-32908 E-mail: investorrelations@siemens.com WWW: www.siemens.com ISIN: DE0007236101 WKN: 723610 Indices: DAX, EURO STOXX 50 Listed: Amtlicher Markt in Berlin-Bremen, Frankfurt (Prime Standard), Hannover, München, Hamburg, Düsseldorf, SWX, Stuttgart; Terminbörse EUREX; Foreign Exchange(s) London, NYSE End of News DGAP News-Service —————————————————————————