Balance Sheet
of the Volkswagen Group as of December 31, 2023
€ million |
|
Note |
|
Dec. 31, 2023 |
|
Dec. 31, 20221 |
||||
|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
||||
Assets |
|
|
|
|
|
|
||||
Noncurrent assets |
|
|
|
|
|
|
||||
Intangible assets |
|
|
89,109 |
|
83,241 |
|||||
Property, plant and equipment |
|
|
66,880 |
|
63,890 |
|||||
Lease assets |
|
|
64,094 |
|
59,380 |
|||||
Investment property |
|
|
632 |
|
610 |
|||||
Equity-accounted investments |
|
|
12,239 |
|
12,668 |
|||||
Other equity investments |
|
|
4,431 |
|
3,489 |
|||||
Financial services receivables |
|
|
94,474 |
|
86,944 |
|||||
Other financial assets |
|
|
11,757 |
|
13,832 |
|||||
Other receivables |
|
|
2,702 |
|
2,477 |
|||||
Tax receivables |
|
|
437 |
|
394 |
|||||
Deferred tax assets |
|
|
13,940 |
|
12,929 |
|||||
|
|
|
|
360,694 |
|
339,853 |
||||
Current assets |
|
|
|
|
|
|
||||
Inventories |
|
|
53,601 |
|
52,274 |
|||||
Trade receivables |
|
|
21,849 |
|
18,534 |
|||||
Financial services receivables |
|
|
66,381 |
|
61,549 |
|||||
Other financial assets |
|
|
16,953 |
|
15,148 |
|||||
Other receivables |
|
|
8,799 |
|
7,813 |
|||||
Tax receivables |
|
|
1,649 |
|
1,732 |
|||||
Marketable securities and time deposits |
|
|
26,772 |
|
37,206 |
|||||
Cash and cash equivalents |
|
|
43,449 |
|
29,172 |
|||||
Assets held for sale |
|
|
|
190 |
|
733 |
||||
|
|
|
|
239,644 |
|
224,159 |
||||
Total assets |
|
|
|
600,338 |
|
564,013 |
||||
|
|
|
|
|
|
|
||||
Equity and liabilities |
|
|
|
|
|
|
||||
Equity |
|
|
|
|
|
|||||
Subscribed capital |
|
|
|
1,283 |
|
1,283 |
||||
Capital reserve |
|
|
|
14,551 |
|
14,551 |
||||
Retained earnings |
|
|
|
147,830 |
|
137,272 |
||||
Other reserves |
|
|
|
−3,125 |
|
−1,851 |
||||
Equity attributable to Volkswagen AG hybrid capital investors |
|
|
|
15,155 |
|
14,121 |
||||
Equity attributable to Volkswagen AG shareholders and hybrid capital investors |
|
|
|
175,694 |
|
165,376 |
||||
Noncontrolling interests |
|
|
|
14,218 |
|
12,952 |
||||
|
|
|
|
189,912 |
|
178,328 |
||||
Noncurrent liabilities |
|
|
|
|
|
|
||||
Financial liabilities |
|
|
122,323 |
|
121,737 |
|||||
Other financial liabilities |
|
|
6,968 |
|
8,188 |
|||||
Other liabilities |
|
|
9,885 |
|
9,144 |
|||||
Deferred tax liabilities |
|
|
9,781 |
|
10,736 |
|||||
Provisions for pensions |
|
|
29,672 |
|
27,553 |
|||||
Provisions for taxes |
|
|
4,287 |
|
4,320 |
|||||
Other provisions |
|
|
21,636 |
|
21,283 |
|||||
|
|
|
|
204,552 |
|
202,961 |
||||
Current liabilities |
|
|
|
|
|
|
||||
Financial liabilities |
|
|
110,476 |
|
83,448 |
|||||
Trade payables |
|
|
30,901 |
|
28,738 |
|||||
Tax payables |
|
|
556 |
|
726 |
|||||
Other financial liabilities |
|
|
14,022 |
|
19,807 |
|||||
Other liabilities |
|
|
24,345 |
|
22,665 |
|||||
Provisions for taxes |
|
|
1,663 |
|
2,586 |
|||||
Other provisions |
|
|
23,881 |
|
24,596 |
|||||
Liabilities associated with assets held for sale |
|
|
|
31 |
|
158 |
||||
|
|
|
|
205,874 |
|
182,723 |
||||
Total equity and liabilities |
|
|
|
600,338 |
|
564,013 |
||||
|
||||||||||