Annual Press Conference of AUDI AG Axel Strotbek

Transcription

1 Annual Press Conference of AUDI AG Axel Strotbek Member of the Board of Management, Finance and Organization

2 Audi Annual Report 2013

3 Economic development of important sales regions 2011 through 2013: GDP growth (in percent) compared with prior year World USA Germany Russia Western Europe (including Germany) China Japan Source: IHS Global Insight, official statistics

4 Car markets worldwide versus Audi deliveries to customers 2013 compared with 2012 (in percent) World +8.3 North America Western Europe Central & Eastern Europe South America Africa & Middle East Asia-Pacific Car market

5 Audi Group revenue (IFRS) +2.3% 48,771 49,

6 Audi Group revenue (IFRS) +2.3% 48,771 49,880 Motorcycles segment EUR 573 million Automotive segment EUR 49,307 million

7 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Figures have been adjusted to reflect the revised IAS 19.

8 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Gross profit 9,188 9, % Figures have been adjusted to reflect the revised IAS 19.

9 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Gross profit 9,188 9, % Distribution costs -4,641-4, % Figures have been adjusted to reflect the revised IAS 19.

10 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Gross profit 9,188 9, % Distribution costs -4,641-4, % Administrative expenses % Figures have been adjusted to reflect the revised IAS 19.

11 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Gross profit 9,188 9, % Distribution costs -4,641-4, % Administrative expenses % Other operating result 1, % Figures have been adjusted to reflect the revised IAS 19.

12 Audi Group Income statement (IFRS) Change Revenue 49,880 48, % Cost of goods sold -40,691-39, % Gross profit 9,188 9, % Distribution costs -4,641-4, % Administrative expenses % Other operating result 1, % Operating profit 5,030 5, % Figures have been adjusted to reflect the revised IAS 19.

13 Audi Group analysis of operating profit (IFRS) 5, % 5,030 Profit drivers Volume Product costs Negative factors Figure has been adjusted to reflect the revised IAS 19. Intensity of competition Investments in worldwide production network Development of new models and innovative drive systems

14 Audi Group operating profit (IFRS) 5, % 5,030 Motorcycles segment EUR 33 million Automotive segment EUR 4,997 million Figures have been adjusted to reflect the revised IAS 19. Including depreciation in view of the revaluation of assets/liabilities for purchase price allocation.

15 Audi Group Income statement (IFRS) Change Operating profit 5,030 5, % Financial result % Profit before tax 5,323 5, % Figures have been adjusted to reflect the revised IAS 19.

16 Audi Group: Return on sales in percent Operating return on sales Return on sales before tax Figures have been adjusted to reflect the revised IAS

17 Audi Group Cash flow statement Change Cash flow from operating activities 6,778 6, %

18 Audi Group Cash flow statement Change Cash flow from operating activities 6,778 6, % Investing activities for current operations -3,553-3, % Without changes in participations

19 Audi Group Cash flow statement Change Cash flow from operating activities 6,778 6, % Investing activities for current operations -3,553-3, % Net cash flow 3,225 2, % Without changes in participations

20 Audi Group Cash flow statement Change Cash flow from operating activities 6,778 6, % Investing activities for current operations -3,553-3, % Net cash flow 3,225 2, % Net liquidity 14,716 13, % Without changes in participations

21 Forecast 2014 Change Deliveries to customers Revenue Operating return on sales Return on investment (ROI) Net cash flow Ratio of investments in property, plant and equipment clear increase slight increase within the strategic target corridor of 8 to 10 percent over 18 percent significantly over EUR 2 billion 5.0 to 5.5 percent

22 Record investment program creates basis for future growth bis 2018 Gesamtinvestitionen von rund 22 Mrd. EUR, vor allem für: neue Modelle innovative Technologien kontinuierliche Erweiterung unserer Produktionskapazitäten By 2018, total investment of approx. EUR 22 billion, mainly for: new models innovative technologies continuous expansion for our production capacities