Income Statement
of the Volkswagen Group for the period January 1 to December 31, 2024
€ million |
|
Note |
|
2024 |
|
20231 |
||||
|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
||||
Sales revenue |
|
|
324,656 |
|
322,284 |
|||||
Cost of sales |
|
|
−265,184 |
|
−261,299 |
|||||
Gross result |
|
|
|
59,472 |
|
60,985 |
||||
Distribution expenses |
|
|
−22,320 |
|
−21,345 |
|||||
Administrative expenses |
|
|
−12,754 |
|
−12,729 |
|||||
Other operating income |
|
|
14,974 |
|
15,152 |
|||||
Other operating expenses |
|
|
−20,312 |
|
−19,534 |
|||||
Operating result |
|
|
|
19,060 |
|
22,528 |
||||
Share of the result of equity-accounted investments |
|
|
375 |
|
2,291 |
|||||
Interest income |
|
|
2,419 |
|
2,658 |
|||||
Interest expenses |
|
|
−3,446 |
|
−3,640 |
|||||
Other financial result |
|
|
−1,602 |
|
−739 |
|||||
Financial result |
|
|
|
−2,255 |
|
570 |
||||
Earnings before tax |
|
|
|
16,806 |
|
23,099 |
||||
Income tax income/expense |
|
|
−4,411 |
|
−5,237 |
|||||
Current |
|
|
|
−5,858 |
|
−6,791 |
||||
Deferred |
|
|
|
1,447 |
|
1,554 |
||||
Earnings after tax |
|
|
|
12,394 |
|
17,861 |
||||
of which attributable to |
|
|
|
|
|
|
||||
Non-controlling interests |
|
|
|
1,043 |
|
1,329 |
||||
Volkswagen AG hybrid capital investors |
|
|
|
630 |
|
586 |
||||
Volkswagen AG shareholders |
|
|
|
10,721 |
|
15,947 |
||||
|
|
|
|
|
|
|
||||
Basic/diluted earnings per ordinary share in € |
|
|
21.36 |
|
31.79 |
|||||
Basic/diluted earnings per preferred share in € |
|
|
21.42 |
|
31.85 |
|||||
|
||||||||||