----------------------------------------------------------------------------January - December 2012 2011 +/- (%)--------------------------------------------------------------------------------------------------------------------------------------------------------Volkswagen Group (IFRSs):--------------------------------------------------------------------------------------------------------------------------------------------------------Deliveries to customers '000 units 9,276 8,265 + 12.2----------------------------------------------------------------------------Vehicle sales '000 units 9,345 8,361 + 11.8----------------------------------------------------------------------------Production '000 units 9,255 8,494 + 9.0----------------------------------------------------------------------------Employees Dec. 31 549,763 501,956 + 9.5--------------------------------------------------------------------------------------------------------------------------------------------------------Sales revenue EUR million 192,676 159,337 + 20.9--------------------------------------------------------------------------------------------------------------------------------------------------------Operating profit EUR million 11,510 11,271 + 2.1----------------------------------------------------------------------------Profit before tax EUR million 25,492 18,926 + 34.7----------------------------------------------------------------------------Profit after tax EUR million 21,884 15,799 + 38.5--------------------------------------------------------------------------------------------------------------------------------------------------------Noncontrolling interests EUR million 168 391 - 57.0----------------------------------------------------------------------------Profit attributable to shareholders of Volkswagen AG EUR million 21,717 15,409 + 40.9--------------------------------------------------------------------------------------------------------------------------------------------------------Earnings per share (basic)------------------------------------------------------------------------------ Ordinary shares EUR 46.42 33.10 + 40.2------------------------------------------------------------------------------ Preferred shares EUR 46.48 33.16 + 40.2--------------------------------------------------------------------------------------------------------------------------------------------------------Automotive Division (including allocation of consolidation adjustments between the Automotive and Financial Services divisions):--------------------------------------------------------------------------------------------------------------------------------------------------------Cash flows from operating activities EUR million 16,232 17,109 - 5.1----------------------------------------------------------------------------Cash flows from investing activities attributable to operating activities*) EUR million 16,455 15,998 + 2.9----------------------------------------------------------------------------- of which investments in property, plant and equipment EUR million 10,271 7,929 + 29.5----------------------------------------------------------------------------Net liquidity at December 31 EUR million 10,573 16,951 - 37.6--------------------------------------------------------------------------------------------------------------------------------------------------------Volkswagen AG (German Commercial Code):--------------------------------------------------------------------------------------------------------------------------------------------------------Net income EUR million 6,380 3,418 + 86.7----------------------------------------------------------------------------Dividend proposal:----------------------------------------------------------------------------Dividend - per ordinary share EUR 3.50 3.00----------------------------------------------------------------------------- per preferred share EUR 3.56 3.06----------------------------------------------------------------------------
*) Excluding acquisition and disposal of equity investments: EUR 12,528 million (previous year: EUR 9,371 million).
Prospects for 2013:
In 2013, the Volkswagen Group's brands will launch a large number of fascinating new models and so help further expand our strong position in the global markets.
We expect that the Volkswagen Group will outperform the market as a whole in a challenging environment and that deliveries to customers will increase year-on-year. However, we are not completely immune to the intense competition and the impact this has on business. The modular toolkit system, which is being continuously expanded, will have an increasingly positive effect on the Group's cost structure.
We expect the Volkswagen Group's 2013 sales revenue to exceed the prior-year figure. Given the ongoing uncertainty in the economic environment, the Group's goal for operating profit is to match the prior-year level in 2013. This applies equally to the Passenger Cars Business Area, the Commercial Vehicles, Power Engineering Business Area -- which remains affected by high write-downs relating to purchase price allocation, among other things -- and the Financial Services Division. While we shall see positive effects from our attractive model range and strong market position, there will also be increasingly stiff competition in a challenging market environment. Disciplined cost and investment management and the continuous optimization of our processes remain an integral part of our Strategy 2018.
The Annual Media Conference and Investor Conference will take place on March 14, 2013 in Wolfsburg.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact
Volkswagen AG
Group Communications
Group Investor Relations
Christine Ritz
Phone no.: +49 (0) 5361 / 9-49840
Fax: +49 (0) 5361 / 9-30411
E-mail-address: Email Contact
Volkswagen AG
Group Communications
Spokesperson for Finance
Marco Dalan
Phone no.: +49 (0) 5361 / 9-71121
Fax: +49 (0) 5361 / 9-74629
E-mail-address: Email Contact
