Half-Year Financial Statement
of the Daimler-Benz Group

Balance Sheet
Statement of Income
Operating Profits
Cash flow Statement
Reconciliation of Operating Profit to Results

from Ordinary Business Activities

Reconciliation of Consolidated Net Income

and Stockholders' Equity to U.S. GAAP

Bilanz

DM amounts in millions	6/30/95	12/31/94
ASSETS
Non-Current Assets
Intangible and Fixed Assets	18,536	18,607
Financial Assets	6,641	7,423
Leased Equipment	10,218	10,209
	35,395	36,239
Current Assets
Inventories	17,050	14,976
Receivables and Other Assets	27,718	28,304
Liquid Assets	14,024	14,017
	58,792	57,297
Balance Sheet Total	94,187	93,536
STOCKHOLDERS' EQUITY AND LIABILITIES
Stockholders' Equity	17,278	20,251
Liabilities
Provisions	37,116	35,596
Liabilities	39,793	37,689
	76,909	73,285
Balance Sheet Total	94,187	93,536

Statement of Income

DM amounts in millions	1. half 1995	1. half 1994
Revenues	48,037	48,960
Cost of Sales	(43,064)	(43,128)
Gross Profit	4,973	5,832
Selling Expenses	(5,147)	(5,248)
General Administrative Expenses	(1,757)	(1,786)
Other Operating Income	1,577	2,412
Other Operating Expenses	(1,493)	(919)
Financial Income	828	495
Results from Ordinary Business Activities	(1,019)	786
Income Taxes	(548)	(324)
Net Income	(1,567)	462

Operating Profits

DM amounts in millions	1. half 1995	1. half 1994
Mercedes-Benz	1,492	1,031
AEG Daimler-Benz Industrie	(609)	(341)
DASA	(1,600)	(429)
debis	112	197
Eliminations	(549)	468
Daimler-Benz Group	(1,154)	926

Cash flow Statement

DM amounts in millions	1. half 1995	1. half 1994
Net Income	(1,567)	462
Deconsolidation of MB Leasing KG	0	(652)
Depreciation and Amortization of Non-Current Assets	3,455	3,947
Increase in Provisions, Net	1,747	660
Loss on Disposal of Non-Current Assets	(16)	(150)
	3,619	4,267
Change in Inventories, Net	(2,212)	(634)
Change in Receivables	(16)	2,469
Change in Accounts Payable and Other Operating Liabilities	265	2,477
Other	(345)	38
Cash Provided by Operating Activities	1,311	8,617
Purchase of Non-Current Assets	(2,801)	(3,729)
Increase in Leased Equipment	(2,805)	(3,179)
Disposal of Non-Current Assets	1,610	2,925
Additions to Investments	(116)	(1,143)
Disposals of Investments	741	0
Net Change in Short-Term Investments	1,914	(569)
Increase in Leasing and Sales Financing Receivables, Net	(1,213)	(1,603)
Cash Provided by Change in Consolidated Subsidiaries, Net	46	0
Other	(7)	(397)
Cash Used for Investing Activities	(2,631)	(7,695)
Change in Commercial Paper Borrowings, Net	1,224	255
Additions to Financial Liabilities	949	885
Dividends Paid	(566)	(464)
Other	0	93
Cash Provided by Financing Activities	1,607	769
Effect of Foreign Exchange Rate Changes on Cash	(216)	(87)
Net Increase (Decrease) in Cash	71	1,604
Cash at Beginning of Period	6,915	2,954
Cash at End of Period	6,986	4,558

Reconciliation of Operating Profit to Results from Ordinary Business Activities

DM amounts in millions	1. half 1995	1. half 1994
Operating Profit (Loss)	(1,154)	926
Income from Affiliated, Associated and Related Companies	129	11
Interest Income, Net	139	282
Other Financial Results	73	(55)
Corporate Overhead and Other Items not Allocable to Segments	(42)	(235)
Corporate Research	(164)	(143)
Results from Ordinary Business Activities	(1,019)	786

Consolidated Interim Report
Reconciliation of Consolidated Net Income and Stockholders'

Equity to U.S. GAAP