Financial indicators

A detailed presentation of financial indicators can be found in the current Volkswagen Group Annual Report. The indicators shown below comply with the International Financial Reporting Standard (IFRS) for the entire 2009 to 2013 period. The indicators for the 2013 calendar year which have been audited by PricewaterhouseCoopers in the context of the 2013 Annual Report of Volkswagen AG (Management Report) are marked with the following symbol .

Volume Data 1

in thousands
  2013   20122   2011   2010   2009  
Vehicle sales (units) 9,728 9,345 8,361 7,278 6,310
Germany 1,187 1,207 1,211 1,059 1,288
Abroad 8,541 8,137 7,150 6,219 5,022
Production (units) 9,728 9,255 8,494 7,358 6,055
Germany 2,458 2,321 2,640 2,115 1,938
Abroad 7,270 6,934 5,854 5,243 4,117
Employees (yearly average) 563 533 454 389 367
Germany 255 237 196 178 173
Abroad 308 296 258 210 194

1 These figures were audited by PricewaterhouseCoopers in the context of the 2013 Annual Report of Volkswagen AG (Management Report).
2 Prior-year figures adjusted to reflect application of IAS 19R.

Financial Data 1

in million €
Volkswagen Group   2013   20122   2011   2010   2009  
Sales revenue 197,007 192,676 159,337 126,875 105,187
Operating profit 11,671 11,498 11,271 7,141 1,855
Profit before tax 12,428 25,487 18,926 8,994 1,261
Profit after tax 9,145 21,881 15,799 7,226 911
Profit attributable to Volkswagen AG shareholders 9,066 21,712 15,409 6,835 960
Cost of materials 127,089 122,450 104,648 79,394 67,925
Personnel expenses 31,747 29,504 23,854 19,027 16,027
Pension provisions 21,774 23,939 16,787 15,432 13,936
Automotive Division3
Cash flows from operating activities4 20,612 16,232 17,109 13,930 12,815
Cash flows from investing activities attributable to operating activities5 16,199 16,455 15,998 9,095 10,252
Net liquidity at Dec. 31 16,869 10,573 16,951 18,639 10,636

1 These figures were audited by PricewaterhouseCoopers in the context of the 2013 Annual Report of Volkswagen AG (Management Report).
2 Prior-year adjusted to reflect application of IAS 19R.
3 Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.
4 Before consolidation of intragroup transactions: €21,270 million (€17,029 million).
5 Excluding acquisition and disposal of equity investments: €14,497 million (€12,528 million).

Value Added generated by the Volkswagen Group 1

in million €
Source of funds   2013     20122     2011     2010     2009    
Sales revenue 197,007 192,676 159,337 126,875 105,187
Other income 13,994 24,642 13,125 10,787 9,401
Cost of materials –127,089 –122,450 –104,648 –79,394 –67,925
Depreciation and amortization –14,686 –13,135 –10,346 –10,097 –8,877
Other upfront expenditures –21,027 –22,070 –9,759 –15,250 –15,767
Value added 48,198 59,663 47,709 32,922 22,019
Appropriation of funds in € million   2013   %   20122   %   2011   %   2010   %   2009   %  
to shareholders (dividend) 1,871 3.9 1,639 2.8 1,406 2.9 1,034 3.1 647 2.9
to employees (wages, salaries, benefits) 31,747 65.9 29,504 49.5 23,854 50.0 19,027 57.8 16,027 72.8
to the state (taxes, duties) 3,865 8.0 4,322 7.2 4,525 9.5 3,105 9.5 1,152 5.2
to creditors (interest expense) 3,442 7.1 3,957 6.6 3,530 7.4 3,563 10.8 3,928 17.8
to the Company (reserves) 7,274 15.1 20,242 33.9 14,393 30.2 6,193 18.8 265 1.2
Value added 48,198 59,663 47,709 32,922 22,019

1 These figures were audited by PricewaterhouseCoopers in the context of the 2013 Annual Report of Volkswagen AG (Management Report)
2 Prior-year adjusted to reflect application of IAS 19R.

Key Figures by Brand and Business Field1 2

  Vehicle sales   Sales revenue   Sales to third parties   Operating profit  
Thousand vehicles/€ million   2013   2012   2013   2012   2013   2012   2013   20123  
Volkswagen Passenger Cars 4,704 4,850 99,397 103,942 71,426 77,110 2,894 3,643
Audi 1,349 1,299 49,880 48,771 34,560 33,461 5,030 5,365
ŠKODA 719 727 10,324 10,438 5,379 5,633 522 712
SEAT 459 429 6,874 6,485 3,044 2,785 – 152 – 156
Bentley 11 9 1,679 1,453 1,122 1,274 168 100
Porsche4 155 62 14,326 5,879 13,175 5,442 2,579 943
Volkswagen Commercial Vehicles 436 437 9,370 9,450 4,651 4,920 448 421
Scania4 80 67 10,360 9,314 10,360 9,314 974 930
MAN4 140 134 15,861 15,999 15,744 15,900 319 813
Volkswagen China5 3,038 2,609 –  –  –  –  –  – 
Other –1,364 –1,279 –40,047 –36,929 20,227 20,516 –2,7256 –2,6826
Volkswagen Financial Services –  –  18,983 17,872 17,319 16,322 1,614 1,408
Volkswagen Group 9,728 9,345 197,007 192,676 197,007 192,676 11,671 11,498
Automotive Division 9,728 9,345 175,003 172,822 176,914 174,525 9,807 9,913
of which: Passenger Cars business area7 9,071 8,706 140,077 138,571 147,107 145,122 9,013 8,968
Commercial Vehicles/ Power Engineering business area7 657 639 34,927 34,251 29,808 29,403 794 945
Financial Services Division –  –  22,004 19,854 20,093 18,151 1,863 1,585

1 All figures shown are rounded, so minor discrepancies may arise from addition of these amounts.
2 These figures were audited by PricewaterhouseCoopers in the context of the 2013 Annual Report of Volkswagen AG (Management Report).
3 Prior-year figures adjusted to reflect application of IAS 19R.
4 Including financial services; Porsche as from August 1, 2012.
5 The sales revenue and operating profit of the joint venture companies in China are not included in the figures for the Group. The Chinese companies
are accounted for using the equity method and recorded a proportionate operating profit of €4,296 million (€3,678 million).
6 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 the purchase price allocation for Scania, Porsche Holding Salzburg, MAN and Porsche.
7 Volkswagen Commercial Vehicles has been reported within the Automotive Division under Commercial Vehicles since January 1, 2013; the prior-year figures have been adjusted.