Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

BUSINESS RESULTS IN REVIEW
ŠKODA AUTO a.s. Financial Figures At a Glance, According to CAS
Production, Sales and Technical Data
1999 2000 2001 2002 2003 2004
Deliveries to customers vehicles 385,330 435,403 460,252 445,525 449,758 451,675
Sales vehicles 376,329 448,394 460,670 440,572 438,843 441,820
Production vehicles 371,169 450,910 460,886 442,469 437,554 444,121
Employees persons 22,030 25,833 24,129 23,470 22,798 24,561
of which: External persons persons 1,708 3,245 2,735 2,179 2,308 3,664
Profit and Loss Account
1999 2000 2001 2002 2003 2004
Total revenues CZK millions 110,409 136,283 153,271 145,694 145,197 153,550
of which: Domestic % 19 18 18 18 17 15
Export % 81 82 82 82 83 85
Raw materials and consumables CZK millions 80,426 105,996 116,350 109,868 108,283 115,382
% of revenues 72.8 77.8 75.9 75.4 74.6 75.1
Value added CZK millions 18,513 18,977 22,296 22,056 23,343 24,884
% of revenues 16.8 13.9 14.6 15.1 16.0 16.2
Staff costs CZK millions 6,629 7,465 7,583 7,834 8,060 8,500
Depreciation CZK millions 6,516 7,768 9,646 10,826 10,296 10,606
Operating profit CZK millions 5,237 5,204 4,643 3,677 5,209 5,856
% of revenues 4.7 3.8 3.0 2.5 3.6 3.9
Financial result CZK millions (1,422) (1,029) (1,969) (1,188) (2,692) (1,041)
Profit before income tax CZK millions 3,814 4,175 2,674 2,489 2,517 4,815
Profit before income tax-to-revenues ratio % of revenues 3.5 3.1 1.7 1.7 1.7 3.2
Tax on profit or loss CZK millions 1,177 839 545 664 1,039 1,318
Profit for the year CZK millions 2,637 3,336 2,129 1,825 1,478 3,497
Profit for the year-to-revenues ratio % of revenues 2.4 2.4 1.4 1.3 1.0 2.3
Balance Sheet/Financing
1999 2000 2001 2002 2003 2004
Fixed assets CZK millions 33,687 39,175 45,008 44,873 44,074 41,143
Current assets and other assets CZK millions 21,923 27,486 21,603 21,945 22,077 30,694
of which: lendings CZK millions 0 0 0 0 0 8,600
Equity CZK millions 22,700 26,032 28,157 29,817 31,758 32,844
Liabilities and other liabilities CZK millions 32,910 40,629 38,454 37,001 34,393 38,993
of which: Bonds CZK millions 0 10,000 10,000 10,000 10,000 10,000
Provisions under special regulations CZK millions 4,949 4,284 3,939 4,398 5,108 6,522
Bank loans CZK millions 3,000 4,850 2,000 5,000 0 0
Assets CZK millions 55,610 66,661 66,611 66,818 66,151 71,837
Gross cash flow CZK millions 9,780 10,756 11,693 12,854 13,002 15,176
Net liquidity CZK millions (1,339) (4,007) (798) (4,660) 2,495 4,534
Investments CZK millions 11,313 13,873 16,235 11,586 10,248 8,430
Investment ratio % 10.2 10.2 10.6 8.0 7.1 5.5
Equity ratio % 40.8 39.1 42.3 44.6 48.0 45.7
Equity-to-fixed assets ratio % 67.4 66.5 62.6 66.4 72.1 79.8
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