Table of contents Consolidated Financial Statements 3 1. Consolidated Statements of Income 3 2. Consolidated Statements of Comprehensive Income 4 3. Consolidated Statements of Financial Position 5 4. Consolidated Statements of Cash Flows 6 5. Consolidated Statements of Changes in Equity 7 6. Notes to Consolidated Financial Statements 7 Note 1 Basis of presentation 7 Note 2 Material accounting policies and critical accounting estimates 12 Note 3 Acquisitions and dispositions 12 Note 4 Interests in other entities 13 Note 5 Other operating income 13 Note 6 Other operating expenses 14 Note 7 Income taxes 15 Note 8 Trade and other receivables 16 Note 9 Other current financial assets 16 Note 10 Contract assets and liabilities 16 Note 11 Inventories and Other current assets 17 Note 12 Goodwill 18 Note 13 Other intangible assets and property, plant and equipment 19 Note 14 Other financial assets 19 Note 15 Other current liabilities 19 Note 16 Debt 22 Note 17 Post-employment benefits 25 Note 18 Provisions 26 Note 19 Equity 26 Note 20 Additional capital disclosures 27 Note 21 Commitments and contingencies 27 Note 22 Legal proceedings 28 Note 23 Additional disclosures on financial instruments 31 Note 24 Derivative financial instruments and hedging activities 32 Note 25 Financial risk management 35 Note 26 Share-based payment 37 Note 27 Personnel costs 37 Note 28 Earnings per share 38 Note 29 Segment information 41 Note 30 Information about geographies 41 Note 31 Related party transactions 42 Note 32 Principal accountant fees and services 42 Note 33 Corporate governance 42 Note 34 Subsequent events 43 Note 35 List of subsidiaries and associated companies pursuant to Section 313 para. 2 of the German Commercial Code