Income Statement
of the Volkswagen Group for the period January 1 to December 31, 2021
€ million |
|
Note |
|
2021 |
|
2020 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
Sales revenue |
|
|
250,200 |
|
222,884 |
|
Cost of sales |
|
|
–202,959 |
|
–183,937 |
|
Gross result |
|
|
|
47,241 |
|
38,947 |
Distribution expenses |
|
|
–19,228 |
|
–18,407 |
|
Administrative expenses |
|
|
–10,420 |
|
–9,399 |
|
Other operating income |
|
|
14,731 |
|
12,438 |
|
Other operating expenses |
|
|
–13,049 |
|
–13,904 |
|
Operating result |
|
|
|
19,275 |
|
9,675 |
Share of the result of equity-accounted investments |
|
|
2,321 |
|
2,756 |
|
Interest income |
|
|
810 |
|
793 |
|
Interest expenses |
|
|
–1,818 |
|
–2,291 |
|
Other financial result |
|
|
–463 |
|
733 |
|
Financial result |
|
|
|
851 |
|
1,991 |
Earnings before tax |
|
|
|
20,126 |
|
11,667 |
Income tax income/expense |
|
|
–4,698 |
|
–2,843 |
|
Current |
|
|
|
–4,612 |
|
–3,150 |
Deferred |
|
|
|
–86 |
|
307 |
Earnings after tax |
|
|
|
15,428 |
|
8,824 |
of which attributable to |
|
|
|
|
|
|
Noncontrolling interests |
|
|
|
46 |
|
–43 |
Volkswagen AG hybrid capital investors |
|
|
|
539 |
|
533 |
Volkswagen AG shareholders |
|
|
|
14,843 |
|
8,334 |
|
|
|
|
|
|
|
Basic/diluted earnings per ordinary share in € |
|
|
29.59 |
|
16.60 |
|
Basic/diluted earnings per preferred share in € |
|
|
29.65 |
|
16.66 |