Income Statement
of the Volkswagen Group for the period January 1 to December 31, 2023
€ million |
|
Note |
|
2023 |
|
20221 |
||||
|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
||||
Sales revenue |
|
|
322,284 |
|
279,050 |
|||||
Cost of sales |
|
|
−261,262 |
|
−226,866 |
|||||
Gross result |
|
|
|
61,022 |
|
52,184 |
||||
Distribution expenses |
|
|
−21,340 |
|
−19,840 |
|||||
Administrative expenses |
|
|
−12,724 |
|
−11,655 |
|||||
Other operating income |
|
|
15,152 |
|
19,234 |
|||||
Other operating expenses |
|
|
−19,534 |
|
−17,813 |
|||||
Operating result |
|
|
|
22,576 |
|
22,109 |
||||
Share of the result of equity-accounted investments |
|
|
2,291 |
|
2,403 |
|||||
Interest income |
|
|
2,658 |
|
1,325 |
|||||
Interest expenses |
|
|
−3,592 |
|
−408 |
|||||
Other financial result |
|
|
−739 |
|
−3,359 |
|||||
Financial result |
|
|
|
618 |
|
−40 |
||||
Earnings before tax |
|
|
|
23,194 |
|
22,070 |
||||
Income tax income/expense |
|
|
−5,266 |
|
−6,217 |
|||||
Current |
|
|
|
−6,791 |
|
−5,263 |
||||
Deferred |
|
|
|
1,526 |
|
−954 |
||||
Earnings after tax |
|
|
|
17,928 |
|
15,852 |
||||
of which attributable to |
|
|
|
|
|
|
||||
Noncontrolling interests |
|
|
|
1,329 |
|
395 |
||||
Volkswagen AG hybrid capital investors |
|
|
|
586 |
|
576 |
||||
Volkswagen AG shareholders |
|
|
|
16,013 |
|
14,881 |
||||
|
|
|
|
|
|
|
||||
Basic/diluted earnings per ordinary share in € |
|
|
31.92 |
|
29.66 |
|||||
Basic/diluted earnings per preferred share in € |
|
|
31.98 |
|
29.72 |
|||||
|
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