Logo
  • de
  • en
  • Home
  • To our Shareholders
    • Letter to our Shareholders
    • The Board of Management
    • Report of the Supervisory Board
      • Committee activities
      • Topics
      • Conflicts of interest
      • CG and Declaration of conformity
      • Composition of the Supervisory Board and Board of Management
      • Audits
  • Divisions
    • Brands and Business Fields
    • Volkswagen Passenger Cars
    • ŠKODA
    • SEAT
    • Volkswagen Commercial Vehicles
    • Audi
    • Porsche
    • TRATON Group
    • Volkswagen Group China
    • Volkswagen Financial Services
  • Corporate Governance
    • Corporate Governance Declaration
      • Declarations of conformity
      • Board of Management
      • Supervisory Board
      • Führungspositionen-Gesetz
      • Remuneration Report
      • Corporate practices
    • Members of the Board of Management
    • Members of the Supervisory Board and Committees
    • Remuneration Report
      • Board of Management Remuneration
      • Supervisory Board Remuneration
  • Group Management Report
    • Goals and Strategies
      • The 12 Group Initiatives of the NEW AUTO Strategy
    • Internal Management System and KPIs
    • Structure and Business Activities
    • Disclosures Required Under Takeover Law
    • Business Development
      • Trends in the markets
      • New models
      • Deliveries
      • Orders received
      • Financial Services
      • Sales to the dealer organization
      • Production
      • Inventories
      • Employees
    • Shares and Bonds
      • Dividend
      • Shareholder structure
      • Share key figures
      • Refinancing
      • Ratings
      • ESG ratings
    • Results of Operations, Financial Position and Net Assets
      • Results of Operations
      • Financial Position
      • Net Assets
    • Return on investment (ROI) and value contribution
      • ROI and value contribution
      • ROI and value contribution in the reporting period
    • Summary
    • Volkswagen AG
      • Annual Result
      • Net Assets and Financial Position
      • Dividend
      • Business Development
    • Sustainable Value Enhancement
      • Sustainability
      • Integrity and compliance
      • Research and Development
        • Sustainable mobility
        • Synergies and Alliances
        • Key R&D figures
      • Procurement
      • Technology
      • Production
      • Sales and Marketing
      • Quality
      • Employees
        • Training and professional development
        • Increasing attractiveness as an employer
        • Preventive healthcare
        • Employee participation
      • Information Technology
      • Separate nonfinancial Group report
      • Post-balance sheet date events
    • EU Taxonomy
      • Economic activities of the Volkswagen Group
      • Do no significant harm (DNSH)
      • Minimum safeguards
      • Key performance indicators
    • Report on Expected Developments
      • General environment
        • Development of the global economy
        • Passenger cars and light commercial vehicles
        • Commercial vehicles
        • Power Engineering
        • Financial services
        • Exchange rate, interest rate and commodity price trends
      • Strategy
        • New models
        • Investment and financial planning
        • Targets
      • Summary
    • Report on Risks and Opportunities
      • Risk management and control system
      • Risks and opportunities
        • Risks and opportunities from the macroeconomy, the sector, markets and sales
        • Research and development risks
        • Operational risks and opportunities
        • Environmental and social risks
        • Legal risks
        • Financial risks
        • Opportunities and risks from mergers and acquisitions and/or other strategic partnerships/investments
      • Overall assessment
    • Prospects
  • Consolidated Financial Statements
    • Income Statement
    • Statement of Comprehensive Income
    • Balance Sheet
    • Statement of Changes in Equity
    • Cash Flow Statement
  • Notes
    • Basis of presentation
      • Accounting standards
      • Key events
      • Effects of climate change
      • Basis of consolidation
        • Consolidated subsidiaries
        • Investments
      • Consolidation methods
      • Currency translation
    • Accounting policies
    • Segment reporting
    • Income Statement Disclosures
      • Sales revenue
      • Cost of sales
      • Distribution expenses
      • Administrative expenses
      • Other operating income
      • Other operating expenses
      • Share of result of equity-accounted investments
      • Interest result
      • Other financial result
      • Income tax income/expense
      • Earnings per share
    • Balance Sheet Disclosures
      • Assets
        • Intangible assets
        • Property, plant and equipment
        • Investment property
        • Investments
        • Financial services receivables
        • Other receivables and financial assets
        • Noncurrent and current other receivables
        • Tax assets
        • Inventories
        • Trade receivables
        • Marketable securities
        • Cash and cash equivalents
      • Liabilities
        • Equity
        • Financial liabilities
        • Other financial liabilities
        • Other liabilities
        • Tax liabilities
        • Provisions for pensions
        • Other provisions
        • Trade payables
    • Other Disclosures
      • Borrowing Costs
      • Leases
      • Financial Instruments
      • Cash flow statement
      • Financial risk management
        • Hedging guidelines and principles
        • Credit and default risk
        • Liquidity risk
        • Market risk
        • Monitoring hedge effectiveness
      • Capital management
      • Contingent liabilities
      • Litigation
      • Other financial obligations
      • Auditors’ fees
      • Personnel expenses
      • Employees
      • Events after the balance sheet date
      • Remuneration based on performance shares
      • Related party disclosures
      • Changes regarding the ownership of voting rights
      • Corporate Governance Code
      • Remuneration
    • Responsibility Statement
    • Auditors’ Report
    • Auditor’s report on the remuneration report
  • To our Shareholders
    • To our Shareholders
    • Letter to our Shareholders
    • The Board of Management
    • Report of the Supervisory Board
      • Report of the Supervisory Board
      • Committee activities
      • Topics
      • Conflicts of interest
      • CG and Declaration of conformity
      • Composition of the Supervisory Board and Board of Management
      • Audits
  • Divisions
    • Divisions
    • Brands and Business Fields
    • Volkswagen Passenger Cars
    • ŠKODA
    • SEAT
    • Volkswagen Commercial Vehicles
    • Audi
    • Porsche
    • TRATON Group
    • Volkswagen Group China
    • Volkswagen Financial Services
  • Corporate Governance
    • Corporate Governance
    • Corporate Governance Declaration
      • Corporate Governance Declaration
      • Declarations of conformity
      • Board of Management
      • Supervisory Board
      • Führungspositionen-Gesetz
      • Remuneration Report
      • Corporate practices
    • Members of the Board of Management
    • Members of the Supervisory Board and Committees
    • Remuneration Report
      • Remuneration Report
      • Board of Management Remuneration
      • Supervisory Board Remuneration
  • Group Management Report
    • Group Management Report
    • Goals and Strategies
      • Goals and Strategies
      • The 12 Group Initiatives of the NEW AUTO Strategy
    • Internal Management System and KPIs
    • Structure and Business Activities
    • Disclosures Required Under Takeover Law
    • Business Development
      • Business Development
      • Trends in the markets
      • New models
      • Deliveries
      • Orders received
      • Financial Services
      • Sales to the dealer organization
      • Production
      • Inventories
      • Employees
    • Shares and Bonds
      • Shares and Bonds
      • Dividend
      • Shareholder structure
      • Share key figures
      • Refinancing
      • Ratings
      • ESG ratings
    • Results of Operations, Financial Position and Net Assets
      • Results of Operations, Financial Position and Net Assets
      • Results of Operations
      • Financial Position
      • Net Assets
    • Return on investment (ROI) and value contribution
      • Return on investment (ROI) and value contribution
      • ROI and value contribution
      • ROI and value contribution in the reporting period
    • Summary
    • Volkswagen AG
      • Volkswagen AG
      • Annual Result
      • Net Assets and Financial Position
      • Dividend
      • Business Development
    • Sustainable Value Enhancement
      • Sustainable Value Enhancement
      • Sustainability
      • Integrity and compliance
      • Research and Development
        • Research and Development
        • Sustainable mobility
        • Synergies and Alliances
        • Key R&D figures
      • Procurement
      • Technology
      • Production
      • Sales and Marketing
      • Quality
      • Employees
        • Employees
        • Training and professional development
        • Increasing attractiveness as an employer
        • Preventive healthcare
        • Employee participation
      • Information Technology
      • Separate nonfinancial Group report
      • Post-balance sheet date events
    • EU Taxonomy
      • EU Taxonomy
      • Economic activities of the Volkswagen Group
      • Do no significant harm (DNSH)
      • Minimum safeguards
      • Key performance indicators
    • Report on Expected Developments
      • Report on Expected Developments
      • General environment
        • General environment
        • Development of the global economy
        • Passenger cars and light commercial vehicles
        • Commercial vehicles
        • Power Engineering
        • Financial services
        • Exchange rate, interest rate and commodity price trends
      • Strategy
        • Strategy
        • New models
        • Investment and financial planning
        • Targets
      • Summary
    • Report on Risks and Opportunities
      • Report on Risks and Opportunities
      • Risk management and control system
      • Risks and opportunities
        • Risks and opportunities
        • Risks and opportunities from the macroeconomy, the sector, markets and sales
        • Research and development risks
        • Operational risks and opportunities
        • Environmental and social risks
        • Legal risks
        • Financial risks
        • Opportunities and risks from mergers and acquisitions and/or other strategic partnerships/investments
      • Overall assessment
    • Prospects
  • Consolidated Financial Statements
    • Consolidated Financial Statements
    • Income Statement
    • Statement of Comprehensive Income
    • Balance Sheet
    • Statement of Changes in Equity
    • Cash Flow Statement
  • Notes
    • Notes
    • Basis of presentation
      • Basis of presentation
      • Accounting standards
      • Key events
      • Effects of climate change
      • Basis of consolidation
        • Basis of consolidation
        • Consolidated subsidiaries
        • Investments
      • Consolidation methods
      • Currency translation
    • Accounting policies
    • Segment reporting
    • Income Statement Disclosures
      • Income Statement Disclosures
      • Sales revenue
      • Cost of sales
      • Distribution expenses
      • Administrative expenses
      • Other operating income
      • Other operating expenses
      • Share of result of equity-accounted investments
      • Interest result
      • Other financial result
      • Income tax income/expense
      • Earnings per share
    • Balance Sheet Disclosures
      • Balance Sheet Disclosures
      • Assets
        • Assets
        • Intangible assets
        • Property, plant and equipment
        • Investment property
        • Investments
        • Financial services receivables
        • Other receivables and financial assets
        • Noncurrent and current other receivables
        • Tax assets
        • Inventories
        • Trade receivables
        • Marketable securities
        • Cash and cash equivalents
      • Liabilities
        • Liabilities
        • Equity
        • Financial liabilities
        • Other financial liabilities
        • Other liabilities
        • Tax liabilities
        • Provisions for pensions
        • Other provisions
        • Trade payables
    • Other Disclosures
      • Other Disclosures
      • Borrowing Costs
      • Leases
      • Financial Instruments
      • Cash flow statement
      • Financial risk management
        • Financial risk management
        • Hedging guidelines and principles
        • Credit and default risk
        • Liquidity risk
        • Market risk
        • Monitoring hedge effectiveness
      • Capital management
      • Contingent liabilities
      • Litigation
      • Other financial obligations
      • Auditors’ fees
      • Personnel expenses
      • Employees
      • Events after the balance sheet date
      • Remuneration based on performance shares
      • Related party disclosures
      • Changes regarding the ownership of voting rights
      • Corporate Governance Code
      • Remuneration
    • Responsibility Statement
    • Auditors’ Report
    • Auditor’s report on the remuneration report
  • Home
  • services
  • Search

Search

    • Facebook
    • Twitter
    • E-Mail
  • Print page
  • Downloads
  • Interactive comparison
  • Service
  • Downloads
  • Interactive comparison
  • Group Communications
  • Investor Relations
  • Contact
  • Additional Information
  • Key Figures
  • Financial key performance indicators
  • Five year overview
  • Scheduled Dates 2023
  • Financial calendar
  • RSS
  • Newsletter
  • Twitter
  • YouTube
  • Sitemap
  • Disclaimer
  • Data Protection Declaration
  • Imprint

© Volkswagen AG 2023