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Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

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Investment ratio<br />

Ratio of investments to sales revenues.<br />

Investments<br />

Incremental increase in tangible and intangible fixed assets adjusted for incremental capitalisation<br />

of research and development expenditures.<br />

IQS<br />

Initial Quality Study – takes into account number of defects or problems with new vehicles during first<br />

90 days of operation.<br />

MPV<br />

Multi Purpose Vehicle.<br />

Net liquidity<br />

Gross liquidity less financial liabilities, including factoring liabilities.<br />

Profit-to-sales ratio<br />

Profit expressed as a percentage of total sales.<br />

Registrations<br />

Number of new Škoda brand vehicles registered in a given market.<br />

Sales volume<br />

Number of Škoda brand vehicles sold to importers and dealers.<br />

Temporary workers<br />

Employees of a labour agency who are temporary seconded to work for a different employer.<br />

WRC<br />

World Rally Car, a category of motor races.<br />

Z.E.B.R.A.<br />

An internal corporate system of proposals for work improvements, designed to encourage and create<br />

conditions for employee activity focused on cost savings in all areas, streamlining work processes, and<br />

improving quality, work flow, the environment, and work conditions.<br />

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