Income Statement
OF THE VOLKSWAGEN GROUP FOR THE PERIOD JANUARY 1 TO DECEMBER 31, 2013
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€ million |
Note |
2013 |
2012* | |||||
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Sales revenue |
197,007 |
192,676 |
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Cost of sales |
–161,407 |
–157,522 |
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Gross profit |
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35,600 |
35,154 |
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Distribution expenses |
–19,655 |
–18,850 |
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Administrative expenses |
–6,888 |
–6,220 |
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Other operating income |
9,956 |
10,484 |
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Other operating expenses |
–7,343 |
–9,070 |
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Operating profit |
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11,671 |
11,498 |
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Share of profits and losses of equity-accounted investments |
3,588 |
13,568 |
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Finance costs |
–2,366 |
–2,546 |
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Other financial result |
–465 |
2,967 |
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Financial result |
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757 |
13,989 |
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Profit before tax |
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12,428 |
25,487 |
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Income tax income/expense |
–3,283 |
–3,606 |
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Current |
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–3,733 |
–4,196 |
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Deferred |
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449 |
589 |
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Profit after tax |
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9,145 |
21,881 |
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of which attributable to |
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Noncontrolling interests |
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52 |
169 |
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Volkswagen AG hybrid capital investors |
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27 |
– |
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Volkswagen AG shareholders |
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9,066 |
21,712 |
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Basic earnings per ordinary share in € |
18.63 |
46.41 |
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Diluted earnings per ordinary share in € |
18.63 |
46.41 |
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Basic earnings per preferred share in € |
18.69 |
46.47 |
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Diluted earnings per preferred share in € |
18.69 |
46.47 |
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