VOLKSWAGEN GROUP – ANNUAL REPORT 2020
Income Statement of the Volkswagen Group for the Period January 1 to December 31, 2020
€ million
Sales revenue
Cost of sales
Gross result
Distribution expenses
Administrative expenses
Other operating income
Other operating expenses
Operating result
Share of the result of equity-accounted investments
Interest income
Interest expenses
Other financial result
Financial result
Earnings before tax
Income tax income/expense
Current
Deferred
Earnings after tax
of which attributable to
Noncontrolling interests
Volkswagen AG hybrid capital investors
Volkswagen AG shareholders
Basic/diluted earnings per ordinary share in €
Basic/diluted earnings per preferred share in €
,ember 31, 2020
Note 2020 2019 2018 2017
1 222,884 252,632 235,849 229,550
2 -183,937 -203,490 -189,500 -186,001
38,947 49,142 46,350 43,549
3 -18,407 -20,978 -20,510 -20,859
4 -9,399 -9,767 -8,819 -8,126
5 12,438 11,453 11,631 11,514
6 -13,904 -12,890 -14,731 -12,259
9,675 16,960 13,920 13,818
7 2,756 3,349 3,369 3,482
8 793 910 967 951
8 -2,291 -2,524 -1,547 -2,317
9 733 -339 -1,066 -2,262
1,991 1,396 1,723 -146
11,667 18,356 15,643 13,673
10 -2,843 -4,326 -3,489 -2,210
-3,150 -4,147 -3,533 -3,205
307 -180 43 995
8,824 14,029 12,153 11,463
-43 143 17 10
533 540 309 274
8,334 13,346 11,827 11,179
11 17 27 24 22
11 17 27 24 22
Income Statement of the Volkswagen Group for the Period January 1 to December 31, 2020
€ million
Sales revenue
Cost of sales
Gross result
Distribution expenses
Administrative expenses
Other operating income
Other operating expenses
Operating result
Share of the result of equity-accounted investments
Interest income
Interest expenses
Other financial result
Financial result
Earnings before tax
Income tax income/expense
Current
Deferred
Earnings after tax
of which attributable to
Noncontrolling interests
Volkswagen AG hybrid capital investors
Volkswagen AG shareholders
Basic/diluted earnings per ordinary share in €
Basic/diluted earnings per preferred share in €
,ember 31, 2020
Note 2020 2019 2018 2017
1 222,884 252,632 235,849 229,550
2 -183,937 -203,490 -189,500 -186,001
38,947 49,142 46,350 43,549
3 -18,407 -20,978 -20,510 -20,859
4 -9,399 -9,767 -8,819 -8,126
5 12,438 11,453 11,631 11,514
6 -13,904 -12,890 -14,731 -12,259
9,675 16,960 13,920 13,818
7 2,756 3,349 3,369 3,482
8 793 910 967 951
8 -2,291 -2,524 -1,547 -2,317
9 733 -339 -1,066 -2,262
1,991 1,396 1,723 -146
11,667 18,356 15,643 13,673
10 -2,843 -4,326 -3,489 -2,210
-3,150 -4,147 -3,533 -3,205
307 -180 43 995
8,824 14,029 12,153 11,463
-43 143 17 10
533 540 309 274
8,334 13,346 11,827 11,179
11 17 27 24 22
11 17 27 24 22
