Å kodaAuto ANNUAL REPORT 2006 - Skoda Auto

Financial Figures At a Glance, According to IFRS*
Production, Sales and Technical Data
Škoda Auto Group
ŠKODA AUTO a.s.
2004 2005 2006 2004 2005 2006
Deliveries to customers vehicles 451,675 492,111 549,667 451,675 492,111 549,667
Sales vehicles 444,458 498,467 559,821 441,820 493,119 555,202
Production vehicles 443,868 494,127 556,347 444,121 494,637 556,433
Employees persons 25,225 26,742 27,680 24,561 26,014 26,738
of which: External persons persons 3,664 3,460 3,879 3,664 3,460 3,704
Profit and Loss Account
Škoda Auto Group
ŠKODA AUTO a.s.
2004 2005 2006 2004 2005 2006
Sale CZK millions 163,665 187,382 203,659 155,396 177,822 189,816
of which: Domestic % 14.7 13.3 12.6 15.5 14.0 13.5
Export % 85.3 86.7 87.4 84.5 86.0 86.5
Cost of products. goods and services sold CZK millions 144,368 163,738 175,636 140,996 159,187 167,709
% of sales 88.2 87.4 86.2 90.7 89.5 88.4
Gross profit CZK millions 19,297 23,644 28,023 14,400 18,635 22,107
% of sales 11.8 12.6 13.8 9.3 10.5 11.6
Sales expenses CZK millions 10,278 10,611 11,903 6,137 6,558 6,905
Administrative expenses CZK millions 3,513 3,676 3,587 3,157 3,329 3,161
Balance of other operating revenues/costs CZK millions 389 1,503 2,069 183 1,256 1,735
Operating profit CZK millions 5,895 10,860 14,602 5,289 10,004 13,776
% of sales 3.6 5.8 7.2 3.4 5.6 7.3
Financial result CZK millions (1,052) (787) (404) (865) (564) (216)
Profit before income tax CZK millions 4,843 10,073 14,198 4,424 9,440 13,560
Profit before income tax-to-sales ratio % of sales 3.0 5.4 7.0 2.8 5.3 7.1
Tax on profit or loss CZK millions 1,474 2,180 3,136 1,291 2,077 2,678
Profit for the year** CZK millions 3,369 7,893 11,062 3,133 7,363 10,882
Profit for the year-to-sales ratio % of sales 2.1 4.2 5.4 2.0 4.1 5.7
Balance Sheet/Financing
Škoda Auto Group
ŠKODA AUTO a.s.
2004 2005 2006 2004 2005 2006
Non-current assets CZK millions 55,858 55,424 54,070 55,792 55,023 53,714
Current assets CZK millions 40,343 34,331 51,142 32,414 28,956 43,721
Of which: Lendings CZK millions 8,600 11,200 23,950 8,600 11,200 23,950
Equity** CZK millions 43,923 46,757 58,321 44,147 46,483 58,007
Non-current and current liabilities CZK millions 52,278 42,998 46,891 44,059 37,496 39,428
Of which: Nominal value of bonds CZK millions 10,000 5,000 5,000 10,000 5,000 5,000
Assets CZK millions 96,201 89,755 105,212 88,206 83,979 97,435
Net liquidity CZK millions (2,631) 4,911 21,157 414 6,070 19,352
Cash flow from operating activities CZK millions 26,794 23,550 27,420 23,164 21,421 24,220
Cash flow from investing activities CZK millions (9,752) (11,566) (11,090) (9,957) (11,299) (10,927)
Investment ratio % 4.6 4.7 4.1 4.8 4.8 4.3
Equity ratio % 45.7 52.1 55.4 50.0 55.4 59.5
Equity-to-fixed assets ratio % 78.6 84.4 107.9 79.1 84.5 108.0
* The financial statements compiled according to International Financial Reporting Standards (IFRS) are not comparable with the figures according to Czech Accounting Standards (CAS).
** Consolidated figures, minority shares included.
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