Below are the financial statements of Siemens AG, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of EUR | 2024 | 2023 |
|---|---|---|
| Revenue | 75,930a | 74,882a |
| Cost of sales | -46,107a | -45,766a |
| Gross profit | 29,823a | 29,117a |
| Research and development expenses | -6,276a | -6,113a |
| Selling and general administrative expenses | -13,984a | -13,553a |
| Other operating income | 544a | 572a |
| Other operating expenses | -514a | -447a |
| Income (loss) from investments accounted for using the equity method, net | 827a | 906a |
| Interest income | 2,833a | 2,402a |
| Interest expenses | -1,785a | -1,369a |
| Other financial income (expenses), net | -240a | -388a |
| Income from continuing operations before income taxes | 11,227a | 11,126a |
| Income tax expenses | -2,320a | -2,600a |
| Income from continuing operations | 8,907a | 8,525a |
| Income from discontinued operations, net of income taxes | 85a | 3a |
| Net income | 8,992a | 8,529a |
| Attributable to | — | — |
| Non-controlling interests | 691a | 579a |
| Shareholders of Siemens AG | 8,301a | 7,949a |
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