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 2012 to 2016 period.

Volume Data*

in thousands

  2016 2015 2014 2013 2012
Vehicle sales (units) 10.391 10,010 10,217 9,728 9,345
In Germany 1.257 1,279 1,247 1,187 1,207
Outside Germany 9.135 8,731 8,970 8,541 8,137
Production (units) 10.405 10,017 10,213 9,728 9,255
In Germany 2.685 2,681 2,559 2,458 2,321
Outside Germany 7.720 7,336 7,653 7,270 6,934
Employees (yearly average) 627 604 583 563 533
In Germany 280 276 265 255 237
Outside Germany 339 329 318 308 296
           
1 Volume data including the unconsolidated Chinese joint ventures.
2 These data have been transferred from the consolidated financial statements and the combined management report 2016 of the Volkswagen AG audited by PwC.

Financial Data1  

in € million

Volkswagen Group 2016 2015 2014 2013 2012
Sales revenue 217.267 213,292 202,458 197,007 192,676
Operating profit after special items 7.103 –4,069 12,697 11,671 11,498
Earnings before tax 7.292 –1,301 14,794 12,428 25,487
Earnings after tax 5.379 –1,361 11,068 9,145 21,881
Profit attributable to Volkswagen AG shareholders 5.144 –1,582 10,847 9,066 21,712
Cost of materials 140.307 143,700 132,514 127,089 122,450
Personnel expenses 37.017 36,268 33,834 31,747 29,504
Pension provisions 33.012 27,535 29,806 21,774 23,939
           
Automotive Division2          
Cash flows from operating activities 20.271 23,796 21,593 20,612 16,232
Cash flows from investing activities attributable to operating activities3 15.941 14,909 15,476 16,199 16,455
Net liquidity at Dec. 31 27.180 24,522 17,639 16,869 10,573
           
1 These data have been transferred from the consolidated financial statements and the combined management report 2016 of the Volkswagen AG audited by PwC.
2 Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.
3 Excluding acquisition and disposal of equity investments: €18,224 million (€17,270 million).

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

in € million

Source of funds 2016   2015   2014   2013   2012  
Sales revenue 217,267   213,292   202,458   197,007   192,676  
Other income 17,907   20,092   14,192   13,994   24,642  
Cost of materials –140,307   –143,700   –132,514   –127,089   –122,450  
Depreciation and amortization −20,924   –19,693   –16,964   –14,686   –13,135  
Other upfront expenditures –23,990   –28,578   –15,063   –21,027   –22,070  
Value added 49,953   41,413   52,109   48,198   59,663  
                     
Appropriation of funds in € million 2016   2015 % 2014 % 2013 % 2012 %
to shareholders (dividend) 1,015 2.0 68 0.2 2,294 4.4 1,871 3.9 1,639 2.8
to employees (wages, salaries, benefits) 37,017 74.1 36,268 87.6 33,834 64.9 31,747 65.9 29,504 49.5
to the state (taxes, duties) 3,486 7.0 3,033 7.3 3,817 7.3 3,865 8.0 4,322 7.2
to creditors (interest expense) 4,070 8.1 3,472 8.4 3,389 6.5 3,442 7.1 3,957 6.6
to the Company (reserves) 4,365 8.7 –1,428 –3.4 8,774 16.8 7,274 15.1 20,242 33.9
Value added 49,953   41,413   52,109   48,198   59,663  
                     
* These data have been transferred from the consolidated financial statements and the combined management report 2016 of the Volkswagen AG audited by PwC.

Key Figures by Brand and Business Field1

  Vehicle sales Sales revenue Sales to third parties Operating profit
Thousand vehicles/€ million 2016 2015 2016 2015 2016 2015 2016 2015
Volkswagen Passenger Cars 4,347 4,424 105,651 106,240 69,523 70,939 1,869 2,102
Audi 1,534 1,529 59,317 58,420 37,460 37,605 4,846 5,134
ŠKODA 814 800 13,705 12,486 6,606 6,128 1,197 915
SEAT 548 544 8,894 8,572 3,967 3,570 153 –10
Bentley 11 11 2,031 1,936 1,590 1,379 112 110
Porsche2 239 219 22,318 21,533 20,166 19,663 3,877 3,404
Volkswagen Commercial Vehicles 478 456 11,120 10,341 5,527 4,813 455 382
Scania2 83 78 11,303 10,479 11,291 10,479 1,072 1,027
MAN 102 102 10,005 9,958 9,275 9,700 230 -4
MAN Power Engineering 3,593 3,775 3,590 3,769 194 283
VW China3 3,873 3,456
Other -1,638 -1,608 -58,225 –56,318 23,646 21,922 −1,4864 –2,4404
Volkswagen Financial Services 27,554 25,901 24,625 23,326 2,105 1,921
Volkswagen Group before special items  – 14,623 12,824
Special items -7,520 –16,839
Volkswagen Group 10,391 10,010 217,267 213,292 217,267 213,292 7,103 –4,069
Automotive Division5 10,391 10,010 186,016 183,936 189,384 186,869 4,668 –6,305
of which: Passenger Cars business area 9,729 9,374 150,343 149,716 160,409 158,716 4,167 –7,013
               Commercial Vehicles business area 662 636 32,080 30,445 25,385 24,383 718 586
              Power Engineering business area 3,593 3,775 3,590 3,769 -217 123
Financial Services Division 31,251 29,357 27,883 26,424 2,435 2,236
                 
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 €4,956 million (€5,214 million).
4 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.
5 Including allocation of consolidation adjustments between the Automotive and Financial Services divisions.