Balance Sheet
of the Volkswagen Group as of December 31, 2021
€ million |
|
Note |
|
Dec. 31, 2021 |
|
Dec. 31, 2020 |
|---|---|---|---|---|---|---|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
Noncurrent assets |
|
|
|
|
|
|
Intangible assets |
|
|
77,689 |
|
67,968 |
|
Property, plant and equipment |
|
|
63,695 |
|
63,884 |
|
Lease assets |
|
|
59,699 |
|
50,686 |
|
Investment property |
|
|
615 |
|
558 |
|
Equity-accounted investments |
|
|
12,531 |
|
10,080 |
|
Other equity investments |
|
|
3,000 |
|
1,865 |
|
Financial services receivables |
|
|
84,954 |
|
82,565 |
|
Other financial assets |
|
|
9,156 |
|
7,834 |
|
Other receivables |
|
|
2,895 |
|
2,867 |
|
Tax receivables |
|
|
635 |
|
376 |
|
Deferred tax assets |
|
|
13,393 |
|
13,486 |
|
|
|
|
|
328,261 |
|
302,170 |
Current assets |
|
|
|
|
|
|
Inventories |
|
|
43,725 |
|
43,823 |
|
Trade receivables |
|
|
15,521 |
|
16,243 |
|
Financial services receivables |
|
|
56,498 |
|
58,006 |
|
Other financial assets |
|
|
12,584 |
|
13,234 |
|
Other receivables |
|
|
7,473 |
|
7,381 |
|
Tax receivables |
|
|
1,618 |
|
1,186 |
|
Marketable securities |
|
|
22,532 |
|
21,162 |
|
Cash, cash equivalents and time deposits |
|
|
39,723 |
|
33,909 |
|
Assets held for sale |
|
|
|
674 |
|
– |
|
|
|
|
200,347 |
|
194,944 |
Total assets |
|
|
|
528,609 |
|
497,114 |
|
|
|
|
|
|
|
Equity and liabilities |
|
|
|
|
|
|
Equity |
|
|
|
|
|
|
Subscribed capital |
|
|
|
1,283 |
|
1,283 |
Capital reserve |
|
|
|
14,551 |
|
14,551 |
Retained earnings |
|
|
|
117,342 |
|
100,772 |
Other reserves |
|
|
|
–3,167 |
|
–5,270 |
Equity attributable to Volkswagen AG hybrid capital investors |
|
|
|
14,439 |
|
15,713 |
Equity attributable to Volkswagen AG shareholders and hybrid capital investors |
|
|
|
144,449 |
|
127,049 |
Noncontrolling interests |
|
|
|
1,705 |
|
1,734 |
|
|
|
|
146,154 |
|
128,783 |
Noncurrent liabilities |
|
|
|
|
|
|
Financial liabilities |
|
|
131,618 |
|
114,809 |
|
Other financial liabilities |
|
|
4,466 |
|
4,257 |
|
Other liabilities |
|
|
8,430 |
|
7,905 |
|
Deferred tax liabilities |
|
|
5,131 |
|
4,890 |
|
Provisions for pensions |
|
|
41,550 |
|
45,081 |
|
Provisions for taxes |
|
|
3,392 |
|
3,292 |
|
Other provisions |
|
|
23,474 |
|
22,688 |
|
|
|
|
|
218,062 |
|
202,921 |
Current liabilities |
|
|
|
|
|
|
Financial liabilities |
|
|
78,584 |
|
88,648 |
|
Trade payables |
|
|
23,624 |
|
22,677 |
|
Tax payables |
|
|
614 |
|
340 |
|
Other financial liabilities |
|
|
13,002 |
|
10,590 |
|
Other liabilities |
|
|
19,890 |
|
17,979 |
|
Provisions for taxes |
|
|
2,863 |
|
2,213 |
|
Other provisions |
|
|
25,578 |
|
22,964 |
|
Liabilities associated with assets held for sale |
|
|
|
238 |
|
– |
|
|
|
|
164,393 |
|
165,410 |
Total equity and liabilities |
|
|
|
528,609 |
|
497,114 |