Balance Sheet

of the Volkswagen Group for the period January 1 to December 31, 2019

  (XLS:) Download

€ million

 

Note

 

Dec. 31, 2019

 

Dec. 31, 2018

 

 

 

 

 

 

 

Assets

 

 

 

 

 

 

Noncurrent assets

 

 

 

 

 

 

Intangible assets

 

12

 

66,214

 

64,613

Property, plant and equipment

 

13, 34

 

66,152

 

57,630

Lease assets

 

14, 34

 

48,938

 

43,545

Investment property

 

14

 

538

 

496

Equity-accounted investments

 

15

 

8,169

 

8,434

Other equity investments

 

15

 

1,902

 

1,474

Financial services receivables

 

16

 

86,973

 

78,692

Other financial assets

 

17

 

5,553

 

6,521

Other receivables

 

18

 

2,722

 

2,608

Tax receivables

 

19

 

341

 

476

Deferred tax assets

 

19

 

13,106

 

10,131

 

 

 

 

300,608

 

274,620

Current assets

 

 

 

 

 

 

Inventories

 

20

 

46,742

 

45,745

Trade receivables

 

21

 

17,941

 

17,888

Financial services receivables

 

16

 

58,615

 

54,216

Other financial assets

 

17

 

12,216

 

11,586

Other receivables

 

18

 

7,272

 

6,203

Tax receivables

 

19

 

1,190

 

1,879

Marketable securities

 

22

 

16,769

 

17,080

Cash, cash equivalents and time deposits

 

23

 

25,923

 

28,938

Assets held for sale

 

 

 

795

 

 

 

 

 

187,463

 

183,536

Total assets

 

 

 

488,071

 

458,156

 

 

 

 

 

 

 

Equity and Liabilities

 

 

 

 

 

 

Equity

 

24

 

 

 

 

Subscribed capital

 

 

 

1,283

 

1,283

Capital reserve

 

 

 

14,551

 

14,551

Retained earnings

 

 

 

96,929

 

91,105

Other reserves

 

 

 

−3,646

 

−2,417

Equity attributable to Volkswagen AG hybrid capital investors

 

 

 

12,663

 

12,596

Equity attributable to Volkswagen AG shareholders and hybrid capital investors

 

 

 

121,781

 

117,117

Noncontrolling interests

 

 

 

1,870

 

225

 

 

 

 

123,651

 

117,342

Noncurrent liabilities

 

 

 

 

 

 

Financial liabilities

 

25

 

113,556

 

101,126

Other financial liabilities

 

26

 

4,499

 

3,219

Other liabilities

 

27

 

7,271

 

6,448

Deferred tax liabilities

 

28

 

5,007

 

5,030

Provisions for pensions

 

29

 

41,389

 

33,097

Provisions for taxes

 

28

 

2,991

 

3,047

Other provisions

 

30

 

21,783

 

20,879

 

 

 

 

196,497

 

172,846

Current liabilities

 

 

 

 

 

 

Put options and compensation rights granted to noncontrolling interest shareholders

 

31

 

 

1,853

Financial liabilities

 

25

 

87,912

 

89,757

Trade payables

 

32

 

22,745

 

23,607

Tax payables

 

28

 

408

 

456

Other financial liabilities

 

26

 

10,858

 

9,416

Other liabilities

 

27

 

19,320

 

17,593

Provisions for taxes

 

28

 

1,876

 

1,412

Other provisions

 

30

 

24,434

 

23,874

Liabilities associated with assets held for sale

 

 

 

370

 

 

 

 

 

167,924

 

167,968

Total equity and liabilities

 

 

 

488,071

 

458,156