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August 2018
This document contains statements related to our future business and financial Siemens neither intends, nor assumes any obligation, to update or revise these
performance and future events or developments involving Siemens that may forward-looking statements in light of developments which differ from those
constitute forward-looking statements. These statements may be identified by anticipated.
words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe,"
"seek," "estimate," "will," "project" or words of similar meaning. We may also This document includes – in the applicable financial reporting framework not
make forward-looking statements in other reports, in presentations, in material clearly defined – supplemental financial measures that are or may be alternative
delivered to shareholders and in press releases. performance measures (non-GAAP-measures). These supplemental financial
measures should not be viewed in isolation or as alternatives to measures of
In addition, our representatives may from time to time make oral forward-looking Siemens' net assets and financial positions or results of operations as presented
statements. Such statements are based on the current expectations in accordance with the applicable financial reporting framework in its
and certain assumptions of Siemens' management, of which many are beyond Consolidated Financial Statements. Other companies that report or describe
Siemens' control. These are subject to a number of risks, uncertainties and similarly titled alternative performance measures may calculate them differently.
factors, including, but not limited to those described in disclosures, in particular in
Due to rounding, numbers presented throughout this and other documents may
the chapter Risks in the Annual Report.
not add up precisely to the totals provided and percentages may not precisely
reflect the absolute figures.
Should one or more of these risks or uncertainties materialize, or should
underlying expectations not occur or assumptions prove incorrect, actual results, Financial publications are available for download at: www.siemens.com/ir
performance or achievements of Siemens may (negatively or positively) vary
materially from those described explicitly or implicitly in the relevant forward-
looking statement.
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171 years
of Siemens
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Milestones of a 171-year history
Werner von Siemens Siemens innovations over the past 170 years
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Third quarter of fiscal 2018
Key figures
(Continuing operations; in millions of €
except where otherwise stated) Q3 2018 Q3 2017 Change in % Q3 2018 Q3 2017
Volume Liquidity
Orders 22,802 19,675 21%1 Free cash flow2 879 941
Revenue 20,473 21,298 0%1
Employees (in thousands) June 30, 2018
Profitability and capital efficiency Total3 376
Net income2 1,210 1,409 (14)% Germany 117
Return on capital employed (ROCE)2 10.1% 11.6% Outside Germany 259
Note: Since the beginning of fiscal 2018, the accounting standard IFRS 15 (Revenue from Contracts with Customers) has been in effect at Siemens. Prior-year information is presented on a comparable basis
1 Excluding currency translation and portfolio effects; 2 Continuing and discontinued operations; 3 As of the beginning of fiscal 2018, part-time employees are included to the full extent rather than proportionally
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Fiscal 2017
Liquidity
Free cash flow3 4,769 5,476
Revenue by Region
Asia, Australia 19% Europe, CIS6, Africa,
Employees (in thousands) Sept. 30, 2017 Sept. 30, 2016
Middle East
Total4 377 356 (without Germany) 39%
Germany 118 117
Outside Germany 259 239
Americas 28%
Germany 13%
1 As reported. Before implementation of IFRS 15; 2 Excluding currency translation and portfolio effects; 3 Continuing and discontinued operations; 4 As of the beginning of fiscal 2018 part time employees are included to the full extent
rather than proportionally. Prior-year information is presented on a comparable basis; 5 Strategic Unit; 6 Commonwealth of Independent States
© Siemens AG 2018
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Global presence in fiscal 2017
all over the world part time employees are included to the full extent. Prior-
year information is presented on a comparable basis
3 Commonwealth of Independent States
All figures refer to continuing operations.
© Siemens AG 2018
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Megatrends that are changing our world
Digitalization
By 2025, the global volume of data will soar to
163 zettabytes.
By 2020, 30 billion devices will be connected.
Source: EY report on IDC, Internet of Things: Human-machine interactions that unlock possibilities, 2016; Cave, Ande, What Will We Do When The World's Data Hits 163 Zettabytes In 2025?, April 2017; (both studies based on MacGillivray,
Carrie, Worldwide Internet of Things Forecast Update, 2015-2019, International Data Corporation (IDC), February 2016.)
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Megatrends that are changing our world
Globalization
In the time span of 20 years, global export
volume has more than quadrupled. In 2017,
goods worth US$17,7 trillion were exported.
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Megatrends that are changing our world
Urbanization
By 2050, nearly 68 percent of the world population
will live in cities; today it's 55 percent.
The population of cities worldwide is growing at a
rate of about 50 million people per year.
Accordingly, investments in urban infrastructure
are booming.
Source: United Nations, World Urbanization Prospects. The 2018 Revision, New York, published 2017
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Megatrends that are changing our world
Demographic change
By 2050, the world population will grow from
7.6 billion today to 9.8 billion.
The average life expectancy will be 77 years in
2050; today it's 71 years.
Source: United Nations, World Population Prospects. The 2017 Revision, New York, published 2016
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Megatrends that are changing our world
Climate change
At the UN Climate Conference in Paris in 2015, almost
all nations of the world agreed to limit anthropogenic
global warming to well under 2º centigrade.
In the summer of 2017, Earth's atmosphere had the
highest concentration of carbon dioxide in 800,000 years.
© Siemens AG 2018
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Our claim "Ingenuity for life"
© Siemens AG 2018
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Goals of our strategy program "Vision 2020" largely achieved
Goal KPI
5 Be a partner of choice for our customers 1 ≥ 20% improvement in Net Promoter Score
© Siemens AG 2018
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Major achievements with "Vision 2020" – the right time for more
Value
"Vision 2020+"
Scale up
Strengthen core
Drive performance
Ownership culture: >300,000 employee shareholders
2015 2016 2017 2018 2019 2020
© Siemens AG 2018
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Shaping the future Siemens with "Vision 2020+"
Purpose
• Business to Society
• Value creation for all stakeholders
• We make real what matters
Businesses
drive our purpose
Corporate Regions
Development are part of the business Services
holds us together enable and support
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New company organization effective October 1, 2018
Siemens Industrial Businesses – focus drives value creation
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Our focus is on E-A-D – strong growth in digitalization
Note: Figures based on Industrial Business; SGRE as of April 2017 1 Growth FY 2016 to FY 2017, rebased; 9% growth for Siemens software excludes Mentor Graphics
© Siemens AG 2018
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Successful execution of digitalization strategy
© Siemens AG 2018
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Our digital portfolio
Simulation
tools MindSphere – the open IoT operating system
Cyber
security Digital twin (products and infrastructure)
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MindSphere – the open, cloud-based operating system for the IoT
© Siemens AG 2018
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Charter of Trust – joint initiative for a secure digital world
Objectives
Protect the data of individuals
1 and companies
Prevent damage to people, companies
2 and infrastructures
charter-of-trust.com Establish a reliable foundation on which confidence
3 in a networked, digital world can take root and grow
© Siemens AG 2018
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Research and development –
we're investing more and sharpening our focus
€
€
5.2 billion € 40,500
R&D expenditures1 R&D employees2
7,450 3,650 8 17
Inventions1 Patent CKI Principal partner
applications1 universities3 universities
1 In FY 2017; 2 As of September 30, 2017. With beginning of FY 2018 part time employees are included to the full extent. Prior-year information on a comparable basis; 3 Centers of Knowledge Interchange
© Siemens AG 2018
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The next generation of innovation –
an independent unit for startups
Capital volume
Capital
Catalyst
1 billion €
…combines the speed and agility of an for five years
independent investor with the breadth Create
of Siemens' businesses and
technologies. The unit doesn't just fund
startups; it also connects entrepreneurs
with industry experts and a global Key technologies Siemens target markets
ecosystem.
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Our purpose
We serve society.
We create value for all stakeholders.
We make real what matters.
© Siemens AG 2018
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How our activities benefit society
© Siemens AG 2018
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The five elements of our Ownership Culture
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Siemens as an employer
• Worldwide, around 386,000 people
work for Siemens1
• New hirings totaled 39,000
worldwide2
• Siemens work-study programs
provide training for 11,400 trainees
and university students worldwide2
© Siemens AG 2018
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Being an employer of choice
© Siemens AG 2018
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Management | Managing Board of Siemens AG
Joe Kaeser Roland Busch Lisa Davis Klaus Helmrich Janina Kugel Cedrik Neike Michael Sen Ralf P. Thomas
President and Chief Chief Technology Chief HR Officer Chief Financial Officer
Executive Officer Officer
Governance and CIS1 Americas Africa Human Resources Asia, Australia Global Services Controlling and
Markets Middle East Power and Gas Europe Energy Management Siemens Finance
Communications Building Technologies Power Generation Digital Factory Healthineers2 Financial Services
Legal and Compliance Mobility Services Process Industries Siemens Gamesa
and Drives Renewable Energy2
next47
Corporate
Development
Corporate Technology
© Siemens AG 2018
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Management | Divisions
Willi Meixner Ralf Christian Michael Peter Jan Mrosik Roland Markus Tacke
CEO CEO CEO CEO Chalons-Browne CEO
Power and Gas Energy Management Mobility Digital Factory CEO Siemens Gamesa
Financial Services Renewable Energy1
Tim Holt Matthias Rebellius Sabrina Soussan Jürgen Brandes Bernd Montag
CEO CEO CEO CEO CEO
Power Generation Building Technologies Mobility Process Industries Siemens
Services and Drives Healthineers1
1 Strategic Unit
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Power and Gas
www.siemens.com/about/power-gas
© Siemens AG 2018
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Energy Management
www.siemens.com/about/energy-management
© Siemens AG 2018
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Building Technologies
www.siemens.com/buildingtechnologies
www.siemens.com/perfect-places
© Siemens AG 2018
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Mobility
© Siemens AG 2018
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Digital Factory
FY 2017 FY 2016
Orders in millions of € 11,532 10,332
Revenue in millions of € 11,378 10,172
Employees1 51,500 45,000
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Process Industries and Drives
© Siemens AG 2018
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Siemens Healthineers
© Siemens AG 2018
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Siemens Gamesa Renewable Energy
www.siemensgamesa.com
© Siemens AG 2018
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Financial Services
© Siemens AG 2018
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A strong partner around the world –
Germany
• Supports more than 500,000 jobs1 Siemens' motto at this year's Hanover
• Invests ~€200 million a year in vocational training in Fair was "Digital Enterprise –
Germany. Implement now!" On 3,500 square
meters of exhibition space, Siemens
presented its enhanced Industrie 4.0
FY 2017 FY 2016
portfolio and showed how companies of
Revenue2 in billions of € 11.1 10.7
any size can use the Digital Enterprise
Employees3 115,000 113,400
portfolio to secure competitive
1 Direct, indirect and induced 2 By customer location
3 Full-time equivalent (FTE); as of September 30; continuing operations advantages.
© Siemens AG 2018
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A strong partner around the world –
Europe1, C.I.S.2, Africa, Middle East
• In the United Arab Emirates (UAE), around 90% of Siemens is to equip the entire Norwegian
the airport logistics technology is from Siemens. railroad network, which comprises about
• In South Africa, every second automobile is 4,200 kilometers of track, with the
manufactured using technology from Siemens. Trainguard solution for European Train
Control System (ETCS) Level 2. This
FY 2017 FY 2016
new signaling system enhances safety,
Revenue3 in billions of € 32.1 31.1
punctuality and capacity. Worth around
Employees4 111,000 102,300
€800 million, this is the biggest rail
3 By customer location
4 Full time equivalent (FTE); as of September 30; continuing operations infrastructure order in Siemens' history.
• Siemens technology is the basis for 80 percent of Siemens has received its first order for six
Argentina's cutting-edge power grid. SGT-800 gas turbines from Panama. The
• Siemens employs more than 50,000 people in the industrial gas turbines, along with a steam
U.S. and invests $1 billion a year in R&D there. turbine, are part of a flexible combined
cycle power plant that will provide
FY 2017 FY 2016
approximately 440 megawatts of electrical
Revenue1 in billions of € 23.5 22.7
power – enough for approximately 1.9
Employees2 76,000 72,600
million people.
1 By customer location
2 Full time equivalent (FTE); as of September 30; continuing operations
© Siemens AG 2018
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A strong partner around the world –
Asia, Australia
• Siemens employs 4,500 researchers and developers In Beijing, Siemens held the first "Belt
in China. and Road International Summit." More
• Every third industrial plant and production facility in than ten cooperation agreements with
Singapore uses Siemens automation. Chinese enterprises were signed there.
As a long-term and well-established
FY 2017 FY 2016
partner of China and its industries,
Revenue1 in billions of € 16.1 15.1
Siemens embraces the "Belt and Road
Employees2 70,000 62,700
Initiative" (BRI).
1 By customer location
2 Full time equivalent (FTE); as of September 30; continuing operations
The first of 22 new four-car Siemens won its first order for H-
metro trains for Bangkok's class gas turbines in mainland
Green Line extension is ready China. After project completion, the
for shipment from the factory in facility in Guangdong Province will
Ankara. The entire distance be the most efficient gas-fired power
from the factory to the train's plant in China – thanks to gas
final destination is around turbines, steam turbines and
15,000 kilometers. Arrival is generators from Siemens.
scheduled for August 2018.
© Siemens AG 2018
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Contact
Siemens AG
CC TL SP
Werner-von-Siemens-Straße 1
80333 Munich
Germany
siemens.com
contact@siemens.com
© Siemens AG 2018
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