1 KEY FIGURES (VOLKSWAGEN GROUP) KEY FIGURES …...The Saveiro model, which is sold mainly in South...
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Volkswagen Aktiengesellschaft Konzern Kommunikation Brieffach 1972 38436 Wolfsburg 472.802.526.20.02 Printed in Germany KEY FIGURES (VOLKSWAGEN GROUP) KEY FIGURES (VOLKSWAGEN GROUP) KEY FIGURES (VOLKSWAGEN GROUP) KEY FIGURES 1 (BY BRAND AND BUSINESS FIELD FROM JANUARY TO JUNE) 1) Volume data including the unconsolidated Chinese joint ventures. These companies are accounted for using the equity method. All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. 2013 deliveries updated to reflect subsequent statistical trends. 2) On June 30, 2014/Dec. 31, 2013. H 1 H 1 Volume Data 1 2014 2013 % Deliveries to customers 5,066 4,797 + 5.6 ('000 units) of which: Germany 626 596 + 5.0 abroad 4,440 4,201 + 5.7 Vehicle sales ('000 units) 5,207 4,873 + 6.8 of which: Germany 644 617 + 4.3 abroad 4,563 4,256 + 7.2 Production ('000 units) 5,234 4,886 + 7.1 of which: Germany 1,314 1,253 + 4.8 abroad 3,920 3,632 + 7.9 Employees ('000 units) 2 576 573 + 0.5 of which: Germany 262 260 + 0.7 abroad 314 312 + 0.4 H 1 H 1 Financial Data (IFRSs) 2014 2013 % € million Group Sales revenue 98,808 98,687 + 0.1 Operating profit 6,186 5,780 + 7.0 as a percentage of sales revenue 6.3 5.9 – Profit before tax 7,777 6,620 + 17.5 as a percentage of sales revenue 7.9 6.7 – Profit after tax 5,716 4,793 + 19.3 Profit attributable (to shareholders of Volkswagen AG) 5,581 4,858 + 14.9 Cash flows from operating activities 3,347 4,984 – 32.9 Cash flows from investing activities attributable to operating activities 6,236 5,769 + 8.1 H 1 H 1 Financial Data IFRSs 2014 2013 % € million Automotive Division 1 EBITDA 2 10,953 10,114 + 8.3 Cash flows from operating activities 8,388 8,431 - 0.5 Cash flows from investing activities attributable to operating activities 3 5,469 7,201 - 24.0 of which: investments in property, plant and equipment 3,578 3,924 - 8.8 as a percentage of sales revenue 4.1 4.5 – capitalized development costs 2,396 1,635 + 46.5 as a percentage of sales revenue 2.8 1.9 – Net cash flow 2,919 1,231 X Net liquidity at June 30 13,979 11,313 + 23.6 Weighted average numbers of shares outstanding (million) Ordinary shares: basic 295.1 295.1 4 Preferred shares: basic 196.3 187.7 4 1) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions. 2) Operating profit plus net depreciation/amortization and impairment losses/reversals of impairment losses on property, plant and equipment, capitalized development costs, lease assets, goodwill and financial assets as reported in the cash flow statement. 3) Excluding acquisition and disposal of equity investments: Q2 € 3,147 million (€ 3,157million), H1 €5,849 million (€ 5,365 million). 4) Prior-year figures adjusted to reflect application of IAS 33.26. 1) All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. 2) Including financial services. 3) MAN Finance International GmbH has been reported within Volkswagen Financial Services sinceits acquisition by Financial Services AG as of January 1, 2014. The prior-year figures have not been adjusted. 4) The sales revenue and operating profit of the joint venture companies in China are not included in the figures for the Group. KEY FIGURES 1 (BY BRAND AND BUSINESS FIELD FROM JANUARY TO JUNE) 1) All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. 2) Including financial services. 3) MAN Finance International GmbH has been reported within Volkswagen Financial Services since its acquisition by Financial Services AG as of January 1,2014. The prior-year figures have not been adjusted. 4) The sales revenue and operating profit of the joint venture companies in China are not included in the figures for the Group. These Chinese companies are accounted for using the equity method and recorded an operating profit (proportionate) of €2,622 million (€2,370 million). 5) Mainly intragroup items recognized in profit or loss, in particular from the elimination of intercompany profits; the figure includes depreciation and amortization of identifiable assets as part of purchase price allocation for Scania, Porsche Holding Salzburg , MAN and Porsche. DELIVERIES TO CUSTOMERS BY MARKET 1 PASSENGER CARS (FROM JANUARY TO JUNE) 2014 2013 % Europe/Remaining markets 2,011,940 1,902,794 5.7 Western Europe 1,519,724 1,418,546 7.1 of which: Germany 557,218 529,891 5.2 United Kingdom 265,998 233,993 13.7 France 132,292 129,583 2.1 Spain 115,427 97,381 18.5 Italy 104,002 96,744 7.5 Central and Eastern Europe 312,504 294,036 6.3 of which: Russia 130,633 142,213 - 8.1 Poland 52,853 38,053 38.9 Czech Republic 50,253 39,763 26.4 Remaining markets 179,712 190,212 - 5.5 of which: Turkey 52,757 55,528 - 5.0 South Africa 49,603 54,418 - 8.8 North America 421,981 435,882 - 3.2 of which: USA 287,952 303,925 - 5.3 Mexico 89,726 88,344 1.6 Canada 44,303 43,613 1.6 South America 330,701 414,530 - 20.2 of which: Brazil 262,286 310,156 - 15.4 Argentina 49,451 83,560 - 40.8 Asia-Pacific 1,987,245 1,714,676 15.9 of which: China 1,811,195 1,541,778 17.5 Japan 53,981 49,254 9.6 India 32,651 49,175 - 33.6 Worldwide 4,751,867 4,467,882 6.4 1) Deliveries for 2013 have been updated to reflect subsequent statistical trends. Includes the Chinese joint ventures. Vehicle sales (thousand) Sales revenue (€ million) 2014 2013 2014 2013 Volkswagen Passenger Cars 2,302 2,376 49,259 50,367 Audi 750 692 26,690 25,234 ãKODA 426 362 5,974 4,966 SEAT 258 244 3,948 3,629 Bentley 6 4 887 690 Porsche 2 89 78 8,162 7,025 Volkswagen Commercial Veh, 221 220 4,724 4,777 Scania 2 38 38 5,067 5,097 MAN 3 58 65 6,699 7,629 VW China 4 1,847 1,517 – – Other -788 -724 - 23,026 - 20,413 Volkswagen Financial Sevices 3 – – 10,423 9,688 Volkswagen Group 5,207 4,873 98,808 98,687 Automotive Division 5,207 4,873 87,044 87,515 of which: Passenger Cars 4,890 4,551 70,711 70,345 Commercial Vehicles, Power Engineering 317 323 16,333 17,170 Financial Services Division – – 11,764 11,173 Operating result (€million) 2014 2013 Volkswagen Passenger Cars 1,012 1,494 Audi 2,671 2,644 ãKODA 425 243 SEAT - 37 - 40 Bentley 95 58 Porsche 2 1,398 1,294 Volkswagen Commercial Veh. 280 246 Scania 2 476 464 MAN 3 222 - 124 VW China 4 – – Other 5 - 1,132 - 1,195 Volkswagen Financial Sevices 3 776 696 Volkswagen Group 6,186 5,780 Automotive Division 5,262 4,955 of which: Passenger Cars 4,748 4,877 Commercial Vehicles, Power Engineering 514 78 Financial Services Division 924 826 1) Prior-year figures adjusted to reflect application of IAS 19R.
Transcript of 1 KEY FIGURES (VOLKSWAGEN GROUP) KEY FIGURES …...The Saveiro model, which is sold mainly in South...
Volkswagen AktiengesellschaftKonzern KommunikationBrieffach 197238436 Wolfsburg
472.802.526.20.02Printed in Germany
K E Y F I G U R E S ( V O L K S WA G E N G R O U P ) K E Y F I G U R E S ( V O L K S WA G E N G R O U P ) K E Y F I G U R E S ( V O L K S WA G E N G R O U P ) K E Y F I G U R E S 1 (BY BRAND AND BUSINESS FIELD FROM JANUARY TO JUNE)
1) Volume data including the unconsolidated Chinese joint ventures. These companies are accounted for using the equity method. All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. 2013 deliveries updated to reflect subsequent statistical trends.2) On June 30, 2014/Dec. 31, 2013.
H 1 H 1Volume Data 1 2014 2013 %
Deliveries to customers 5,066 4,797 + 5.6('000 units)of which: Germany 626 596 + 5.0
abroad 4,440 4,201 + 5.7
Vehicle sales ('000 units) 5,207 4,873 + 6.8
of which: Germany 644 617 + 4.3abroad 4,563 4,256 + 7.2
Production ('000 units) 5,234 4,886 + 7.1
of which: Germany 1,314 1,253 + 4.8abroad 3,920 3,632 + 7.9
Employees ('000 units) 2 576 573 + 0.5
of which: Germany 262 260 + 0.7abroad 314 312 + 0.4
H 1 H 1Financial Data (IFRSs) 2014 2013 %
€ million
GroupSales revenue 98,808 98,687 + 0.1
Operating profit 6,186 5,780 + 7.0as a percentageof sales revenue 6.3 5.9 –Profit before tax 7,777 6,620 + 17.5as a percentage ofsales revenue 7.9 6.7 –
Profit after tax 5,716 4,793 + 19.3
Profit attributable(to shareholdersof Volkswagen AG) 5,581 4,858 + 14.9
Cash flows from operating activities 3,347 4,984 – 32.9
Cash flows from investing activities attributable tooperating activities 6,236 5,769 + 8.1
H 1 H 1Financial Data IFRSs 2014 2013 %€ million Automotive Division 1
EBITDA 2 10,953 10,114 + 8.3Cash flows from operating activities 8,388 8,431 - 0.5
Cash flows from investing activities attributableto operating activities 3 5,469 7,201 - 24.0of which: investments inproperty, plant and equipment 3,578 3,924 - 8.8as a percentage of sales revenue 4.1 4.5 –
capitalized development costs 2,396 1,635 + 46.5as a percentage of sales revenue 2.8 1.9 –
Net cash flow 2,919 1,231 XNet liquidity at June 30 13,979 11,313 + 23.6Weighted average numbersof shares outstanding(million)Ordinary shares: basic 295.1 295.14
Preferred shares: basic 196.3 187.74
1) Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.2) Operating profit plus net depreciation/amortization and impairment losses/reversals of impairment losses on property, plant and equipment, capitalized development costs, lease assets, goodwill and financial assets as reported in the cash flow statement.3) Excluding acquisition and disposal of equity investments: Q2 € 3,147 million (€ 3,157million), H1 €5,849 million (€ 5,365 million).4) Prior-year figures adjusted to reflect application of IAS 33.26.
1) All figures shown are rounded, so minor discrepancies may arise from addition of these amounts.2) Including financial services. 3) MAN Finance International GmbH has been reported within Volkswagen Financial Services sinceits acquisition by Financial Services AG as of January 1, 2014. The prior-year figures have not been adjusted.4) The sales revenue and operating profit of the joint venture companies in China are not included in the figures for the Group.
K E Y F I G U R E S 1 (BY BRAND AND BUSINESS FIELD FROM JANUARY TO JUNE)
1) All figures shown are rounded, so minor discrepancies may arise from addition of these amounts. 2) Including financial services. 3) MAN Finance International GmbH has been reported within Volkswagen Financial Services since its acquisition by Financial Services AG as of January 1,2014. The prior-year figures have not been adjusted. 4) The sales revenue and operating profit of the joint venture companies in China are not included in the figures for the Group. These Chinese companies are accounted for using the equity method and recorded an operating profit (proportionate) of €2,622 million (€2,370 million).5) Mainly intragroup items recognized in profit or loss, in particular from the elimination of intercompany profits; the figure includes depreciation and amortization of identifiable assets as part of purchase price allocation for Scania, Porsche Holding Salzburg , MAN and Porsche.
D E L I V E R I E S T O C U S T O M E R S B Y M A R K E T 1
PASSENGER CARS (FROM JANUARY TO JUNE)
2014 2013 %Europe/Remaining markets 2,011,940 1,902,794 5.7Western Europe 1,519,724 1,418,546 7.1of which: Germany 557,218 529,891 5.2
United Kingdom 265,998 233,993 13.7France 132,292 129,583 2.1Spain 115,427 97,381 18.5Italy 104,002 96,744 7.5
Central and Eastern Europe 312,504 294,036 6.3of which: Russia 130,633 142,213 - 8.1
Poland 52,853 38,053 38.9Czech Republic 50,253 39,763 26.4
Remaining markets 179,712 190,212 - 5.5of which: Turkey 52,757 55,528 - 5.0
South Africa 49,603 54,418 - 8.8North America 421,981 435,882 - 3.2of which: USA 287,952 303,925 - 5.3
Mexico 89,726 88,344 1.6Canada 44,303 43,613 1.6
South America 330,701 414,530 - 20.2of which: Brazil 262,286 310,156 - 15.4
Argentina 49,451 83,560 - 40.8Asia-Pacific 1,987,245 1,714,676 15.9of which: China 1,811,195 1,541,778 17.5
Japan 53,981 49,254 9.6India 32,651 49,175 - 33.6
Worldwide 4,751,867 4,467,882 6.4
1) Deliveries for 2013 have been updated to reflect subsequent statistical trends. Includes the Chinese joint ventures.
Vehicle sales (thousand) Sales revenue (€ million)
2014 2013 2014 2013Volkswagen Passenger Cars 2,302 2,376 49,259 50,367Audi 750 692 26,690 25,234ãKODA 426 362 5,974 4,966SEAT 258 244 3,948 3,629Bentley 6 4 887 690Porsche 2 89 78 8,162 7,025Volkswagen Commercial Veh, 221 220 4,724 4,777Scania 2 38 38 5,067 5,097MAN 3 58 65 6,699 7,629
VW China 4 1,847 1,517 – –Other -788 -724 - 23,026 - 20,413VolkswagenFinancial Sevices 3 – – 10,423 9,688
Volkswagen Group 5,207 4,873 98,808 98,687Automotive Division 5,207 4,873 87,044 87,515
of which:Passenger Cars 4,890 4,551 70,711 70,345Commercial Vehicles,Power Engineering 317 323 16,333 17,170
Financial ServicesDivision – – 11,764 11,173
Operating result (€million)
2014 2013Volkswagen Passenger Cars 1,012 1,494Audi 2,671 2,644ãKODA 425 243SEAT - 37 - 40Bentley 95 58Porsche 2 1,398 1,294Volkswagen Commercial Veh. 280 246Scania 2 476 464MAN 3 222 - 124VW China 4 – –Other 5 - 1,132 - 1,195VolkswagenFinancial Sevices 3 776 696Volkswagen Group 6,186 5,780Automotive Division 5,262 4,955
of which: Passenger Cars 4,748 4,877Commercial Vehicles,Power Engineering 514 78
Financial ServicesDivision 924 826
1) Prior-year figures adjusted to reflect application of IAS 19R.
Facts and FiguresVolkswagen Group
January to June 2014
P R O D U C T I O N N E T W O R K ( G R O U P )(STATUS AS OF 31 DECEMBER, 2013 )*
P R O D U C T I O N N E T W O R K ( G R O U P )(STATUS AS OF 31 DECEMBER, 2013)*
P R O D U C T I O N N E T W O R K ( G R O U P )(STATUS AS OF 31 DECEMBER, 2013)*
* Further information about the production network you will find in "Navigator 2014".
D E L I V E R I E S T O C U S T O M E R S B Y M A R K E T 1 TRUCKS AND BUSES (FROM JANUARY TO JUNE)
2014 2013 1 %Europe/Remaining markets 239,910 232,170 + 3.3
Western Europe 175,201 167,191 + 4.8
Central and Eastern Europe 31,389 31,512 - 0.4
Remaining markets 33,320 33,467 - 0.4
North America 3,881 2,919 + 33.0
South America 52,988 78,597 - 32.6of which: Brazil 38,761 59,972 - 35.4
Asia-Pacifi c 17,012 15,779 + 7.8of which: China 2,871 2,585 + 11.1
Worldwide 313,791 329,465 - 4.8
VolkswagenCommercial Vehicles 217,765 226,632 - 3.9
Scania 38,391 37,980 + 1.1
MAN 57,635 64,853 - 11.1
D E L I V E R I E S T O C U S T O M E R S B Y B R A N D ( W O R L D W I D E ) 1
(FROM JANUARY TO JUNE)
2014 2013 %Volkswagen Group 4,751,867 4,467,882 6.4
VolkswagenPassenger Cars 3,065,828 2,953,613 3.8
Audi 869,355 780,467 11.4
ãKODA 522,499 464,595 12.5
SEAT 200,153 182,181 9.9
Bentley 5,254 4,279 22.8
Lamborghini 956 1,166 - 18.0
Porsche 87,803 81,565 7.6
Bugatti 19 16 18.8
1) Deliveries for 2013 have been updated to reflect subsequent statistical trends. Includes the Chinese joint ventures. The Saveiro model, which is sold mainly in South America, is reported in the Volkswagen Passenger Cars brand retrospectively as of January 1, 2013.
GERMANY1 Ingolstadt (AUDI) AUDI cars, components 2 Neckarsulm (AUDI) AUDI cars3 Wolfsburg (VW) VW cars, components4 Hanover (VWN) VW Commercial Vehicles, components5 Brunswick (VW) components6 Kassel (VW) components7 Emden (VW) VW cars8 Salzgitter (VW) components9 Chemnitz (VW) components
10 Zwickau (VW) VW cars11 Dresden (VW) VW and BENTLEY cars12 Osnabrück (VW) VW and PORSCHE cars13 Wolfsburg (SITECH) components14 Stuttgart-Zuffenhausen (PORSCHE) PORSCHE cars, components15 Leipzig (PORSCHE) PORSCHE cars16 Munich (MAN) trucks, components17 Nuremberg (MAN) components18 Plauen (MAN) buses19 Salzgitter (MAN) trucks, components20 Augsburg (MAN) large-bore diesel engines, turbochargers21 Berlin (MAN) compressors22 Deggendorf (MAN) reactor technology, high-pressure apparatus23 Hamburg (MAN) steam turbines24 Oberhausen (MAN) compressors, gas and steam turbines25 Augsburg (MAN) gear units26 Berlin (MAN) metallic plain bearings and bushes27 Hanover (MAN) slide bearings28 Rheine (MAN) gear units, couplings
BELGIUM29 Brussels (AUDI) AUDI cars
BOSNIA-HERZEGOVINA30 Sarajevo (VW) components
DENMARK31 Frederikshavn (MAN) propulsion systems32 Copenhagen (MAN) components for large-bore diesel engines
FRANCE33 Molsheim (BUGATTI) BUGATTI Pkw34 Saint-Nazaire (MAN) diesel engines35 Angers (SCANIA) trucks
GREAT BRITAIN36 Crewe (BENTLEY) BENTLEY cars, components
ITALY37 Sant' Agata Bolognese (LAMBORGHINI) LAMBORGHINI cars, components38 Borgo Panigale (DUCATI) DUCATI motorcycles
THE NETHERLANDS39 Meppel (SCANIA) components40 Zwolle (SCANIA) trucks
AUSTRIA41 Steyr (MAN) trucks, components
POLAND42 Poznan (VWN) VW Commercial Vehicles, components43 Polkowice (VW) components44 Polkowice (SITECH) components45 Craców (MAN) trucks46 Poznan (MAN) buses, components47 Starachowice (MAN) buses48 Säupsk (SCANIA) assembly of bus chassis
PORTUGAL49 Setúbal (VW) VW and SEAT cars
RUSSIA50 Kaluga (VW) VW and ãKODA cars51 St. Petersburg (MAN) Trucks
SWEDEN52 Södertälje (SCANIA) buses, chassis, components53 Oskarshamn (SCANIA) components54 Luleå (SCANIA) components
SWITZERLAND55 Zurich (MAN) compressors and vacuum blowers56 Wintherthur (MAN) turbo gear units
SLOVAK REPUBLIC57 Bratislava (VW) VW, AUDI, ãKODA and SEAT cars, components58 Martin (VW) components
SPAIN59 Barcelona (SEAT) components 60 Martorell (SEAT) SEAT and AUDI cars, components61 El Prat (SEAT) components62 Pamplona (VW) VW cars, components
CZECH REPUBLIC63 Mladá Boleslav (ãKODA) ãKODA and SEAT cars, components64 Kvasiny (ãKODA) ãKODA cars65 VrachlabÍ (ãKODA) components66 Velká Biteå (MAN) turbochargers
TURKEY67 Ankara (MAN) buses
HUNGARY68 Györ (AUDI) AUDI cars, components
USA69 Chattanooga (VW) VW cars
MEXICO70 Puebla (VW) VW cars, components71 Silao (VW) engines72 Querétaro (MAN) trucks, buses
ARGENTINA73 Cordoba (VW) components74 Pacheco (VW) VW cars, VW Commercial Vehicles75 Tucumán (SCANIA) components
BRAZIL76 Anchieta (VW) VW cars, VW Commercial Veh., components77 Curitiba (VW) VW cars78 São Carlos (VW) components79 Taubaté (VW) VW cars80 Resende (MAN) trucks, bus chassis81 São Paulo (SCANIA) trucks, chassis, components
SOUTH AFRICA82 Uitenhage (VW) VW cars, components83 Olifantsfontein (MAN) buses84 Pinetown (MAN) trucks, bus chassis
INDIA85 Aurangabad (ãKODA) ãKODA, VW and AUDI cars86 Pune (VW) ãKODA and VW cars87 Pithampur (MAN) trucks88 Aurangabad (MAN) large-bore diesel engines
THAILAND89 Amata City (DUCATI) DUCATI motorcycles
PEOPLE'S REPUBLIC OF CHINA90 Shanghai, Anting (Joint Venture) VW and ãKODA cars, components91 Nanjing (Joint Venture) VW cars92 Yizheng (Joint Venture) VW and ãKODA cars93 Urumqi (Joint Venture) VW cars94 Ningbo (Joint Venture) ãKODA cars95 Changchun (Joint Venture) VW and AUDI cars, components96 Chengdu (Joint Venture) VW cars, components97 Foshan (Joint Venture) VW cars98 Changchun (Joint Venture) components (axles, chassis)99 Chengdu (Joint Venture) components (axles, chassis)
100 Foshan (Joint Venture) components (axles, chassis)101 Dalian (Joint Venture) components (engines)102 Changchun (Joint Venture) components (engines)103 Shanghai, Jiading (Joint Venture) components (gearboxes)104 Shanghai, Loutang (Joint Venture) components (engines)105 Dalian components (gearboxes)106 Changzhou/China (MAN) turbochargers, compressors
USA 1 (1 / 0)
Mexico 3 (2 / 1)
Brazil 6 (5 / 1)
Argentina 3 (1 / 2)
South Africa 3 (3 / 0)
India 4 (3 / 1)Thailand 1 (1 / 0)
China 17 (8 / 9)
Notes*: T = Total V = Vehicle production sites C = Component production sites
P R O D U C T I O N N E T W O R K ( G R O U P )(STATUS AS OF 31 DECEMBER, 2013)*
Europe
GermanyPolandSpainCzech RepublicSwedenFranceThe NetherlandsSwitzerlandSlovac Republic
68
2874433222
T*
(37 / 31)
(13 / 15)(5 / 2)(2 / 2)(2 / 2)(1 / 2)(2 / 1)(1 / 1)(0 / 2)(1 / 1)
(V/ C)*
DenmarkItalyRussiaAustriaBosnia-HerzegovinaUnited KingdomBelgiumPortugalHungaryTurkey
2221111111
T*
(0 / 2)(2 / 0)(2 / 0)(1 / 0)(0 / 1)(1 / 0)(1 / 0)(1 / 0)(1 / 0)(1 / 0)
(V/ C)*
Group production sites in total: 106 (61 / 45)
India 4 (3 / 1)
1) Deliveries for 2013 have been updated to reflect subsequent statistical trends. Includes the Chinese joint ventures. The Saveiro model, which is sold mainly in South America, is reported in the Volkswagen Passenger Cars brand retrospectively as of January 1, 2013.
