Mercedes 2013 Annual Report Download - page 219

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F | Consolidated Financial Statements | Notes to the Consolidated Financial Statements
Employee share purchase plan. In 2013, 0.5 million Daimler
shares representing €1.5 million or 0.05% of the share capital
were purchased for a price of €24 million and reissued to
employees (2012: 0.5 million Daimler shares representing €1.5
million or 0.05% of the share capital were purchased for
a price of €25 million).
Approved capital. By resolution of the Annual Meeting
on April 8, 2009, the Board of Management was authorized,
with the consent of the Supervisory Board, to increase the
share capital of Daimler AG in the period until April7,2014 by
a total of €1.0billion in one lump sum or by separate partial
amounts at different times by issuing new, registered no-par-
value shares in exchange for cash and/or non-cash contri-
butions (Approved Capital 2009). Among other things, the Board
of Management was authorized with the consent of the
Supervisory Board to exclude shareholders’ subscription
rights under certain conditions and within defined limits.
The approved capital has not yet been issued.
Conditional capital. By resolution of the Annual Meeting
on April 14, 2010, the Board of Management, was authorized
with the consent of the Supervisory Board, until April 13,
2015 to issue once or several times convertible and/or warrant
bonds or a combination of these instruments (“bonds”) with
a total face value of up to €10.0 billion and a maturity of no more
than ten years. The Board of Management is allowed to grant
the holders of these bonds conversion or warrant rights for new
registered no-par-value shares in Daimler AG with an allocable
portion of the share capital of up to €500 million in accordance
with the details defined in the terms and conditions of the
bonds. Among other things, the Board of Management was
authorized with the consent of the Supervisory Board to
exclude shareholders’ subscription rights for the bonds with
conversion or warrant rights for new registered no-par-
value shares in Daimler AG under certain conditions and within
defined limits. The bonds can also be issued by majority-
owned direct or indirect subsidiaries of Daimler AG.
Accordingly, the share capital is conditionally increased
by an amount of up to €500 million (Conditional Capital 2010).
The authorization to issue convertible and/or warrant bonds
has not yet been utilized.
Credit risks included in trade receivables
At December 31,
2013 2012
In millions of euros
Receivables neither past due nor impaired
individually
5,536
5,137
Receivables past due, not impaired individually
less than 30 days 554 631
30 to 59 days 113 132
60 to 89 days 36 47
90 to 119 days 24 22
120 days or more 76 53
Total 803 885
Receivables impaired individually 1,464 1,521
Carrying amount, net 7,803 7,543
F.46
Development of shares issued
2013 2012
In millions of shares
Shares outstanding/issued on January 1 1,068 1,066
Repurchase of treasury shares to settle
obligations towards former AEG shareholders
.
.
Utilization of treasury shares due to the
settlement of obligations towards former
AEG shareholders
.
.
Shares repurchased in the share buyback
program and not cancelled (previous years)
-1
-1
Reissued shares to employees in the
employee share purchase plan
1
1
Creation of new shares by exercise
of stock options
2
2
Shares outstanding/issued on December 31 1,070 1,068
F.47