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 Standards (IFRS) for the entire 2010 to 2015 period.

Volume Data*

in thousands

  2015 2014 2013 2012 2011
Vehicle sales (units) 10,010 10,217 9,728 9,345 8,361
In Germany 1,279 1,247 1,187 1,207 1,211
Outside Germany 8,731 8,970 8,541 8,137 7,150
Production (units) 10,017 10,213 9,728 9,255 8,494
In Germany 2,681 2,559 2,458 2,321 2,640
Outside Germany 7,336 7,653 7,270 6,934 5,854
Employees (yearly average) 604 583 563 533 454
In Germany 276 265 255 237 196
Outside Germany 329 318 308 296 258
           
* These figures were audited by PricewaterhouseCoopers in the context of the 2015 Annual Report of Volkswagen AG (Management Report).

Financial Data1  

in € million

Volkswagen Group 2015 2014 2013 2012 2011
Sales revenue 213,292 202,458 197,007 192,676 159,337
Operating profit after special items –4,069 12,697 11,671 11,498 11,271
Earnings before tax –1,301 14,794 12,428 25,487 18,926
Earnings after tax –1,361 11,068 9,145 21,881 15,799
Profit attributable to Volkswagen AG shareholders –1,582 10,847 9,066 21,712 15,409
Cost of materials 143,700 132,514 127,089 122,450 104,648
Personnel expenses 36,268 33,834 31,747 29,504 23,854
Pension provisions 27,535 29,806 21,774 23,939 16,787
           
Automotive Division2          
Cash flows from operating activities 23,796 21,593 20,612 16,232 17,109
Cash flows from investing activities attributable to operating activities3 14,909 15,476 16,199 16,455 15,998
Net liquidity at Dec. 31 24,522 17,639 16,869 10,573 16,951
           
1 These figures were audited by PricewaterhouseCoopers in the context of the 2015 Annual Report of Volkswagen AG (Management Report).
2 Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.
3 Excluding acquisition and disposal of equity investments: €17,270 million (€15,719 million).

Added Value Generated by the Volkswagen Group (Appropriation of funds)*

in € million

Source of funds 2015   2014   2013   2012   2011  
Sales revenue 213,292   202,458   197,007   192,676   159,337  
Other income 20,092   14,192   13,994   24,642   13,125  
Cost of materials –143,700   –132,514   –127,089   –122,450   –104,648  
Depreciation and amortization –19,693   –16,964   –14,686   –13,135   –10,346  
Other upfront expenditures –28,578   –15,063   –21,027   –22,070   –9,759  
Value added 41,413   52,109   48,198   59,663   47,709  
                     
Appropriation of funds in € million 2015 % 2014 % 2013 % 2012 % 2011 %
to shareholders (dividend) 68 0.2 2,294 4.4 1,871 3.9 1,639 2.8 1.406 2.9
to employees (wages, salaries, benefits) 36,268 87.6 33,834 64.9 31,747 65.9 29,504 49.5 23.854 50.0
to the state (taxes, duties) 3,033 7.3 3,817 7.3 3,865 8.0 4,322 7.2 4.525 9.5
to creditors (interest expense) 3,472 8.4 3,389 6.5 3,442 7.1 3,957 6.6 3.530 7.4
to the Company (reserves) –1,428 –3.4 8,774 16.8 7,274 15.1 20,242 33.9 14.393 30.2
Value added 41,413   52,109   48,198   59,663   47,709  
                     
* These figures were audited by PricewaterhouseCoopers in the context of the 2015 Annual Report of Volkswagen AG (Management Report).

Key Figures by Brand and Business Field1

  Vehicle sales Sales revenue Sales to third parties Operating profit
Thousand vehicles/€ million 2015 2014 2015 2014 2015 2014 2015 2014
Volkswagen Passenger Cars 4,424 4,583 106,240 99,764 70,939 68,396 2,102 2,476
Audi 1,529 1,444 58,420 53,787 37,605 36,105 5,134 5,150
ŠKODA 800 796 12,486 11,758 6,128 6,144 915 817
SEAT 544 501 8,572 7,699 3,570 3,412 –10 –127
Bentley 11 11 1,936 1,746 1,379 1,175 110 170
Porsche2 219 187 21,533 17,205 19,663 15,727 3,404 2,718
Volkswagen Commercial Vehicles 456 442 10,341 9,577 4,813 4,826 382 504
Scania2 78 80 10,479 10,381 10,479 10,381 1,027 955
MAN 102 120 13,702 14,286 13,468 14,092 277 384
VW China3 3,456 3,506
Other –1,608 –1,454 –56,318 –45,885 21,922 22,127 –2,4374 –2,0524
Volkswagen Financial Services3 25,901 22,139 23,326 20,072 1,921 1,702
Volkswagen Group before special items  –     12,824 12,697
Special items       –16,839
Volkswagen Group 10,010 10,217 213,292 202,458 213,292 202,458 –4,069 12,697
Automotive Division4 10,010 10,217 183,936 177,538 186,869 179,864 –6,305 10,780
of which: Passenger Cars business area 9,374 9,575 149,716 143,601 158,716 151,138 –7,013 9,835
Commercial Vehicles/Power Engineering business area 636 642 34,220 33,937 28,152 28,726 709 945
Financial Services Division 29,357 24,920 26,424 22,594 2,236 1,917
                 
1 All figures shown are rounded, so minor discrepancies may arise if these amounts are added together.
2 Including financial services.
3 The sales revenue and operating results 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 €5,214 million (€5,182 million).
4 Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.