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TIMELINE2011January 24. Connection
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2011SEATANNUALREPORT
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DYNAMIC
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YOUNGSPIRITED
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RELIABLESEAT IS RELIABLESEAT is a b
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SEAT IS EFFICIENTSEAT’s Ecomotive
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SEAT IS ACCESSIBLESEAT is a transpa
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CONTENTSPAGEPAGEManagement04 Letter
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LETTER FROM THE CHAIRMANOF THE BOAR
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06 | ANNUAL REPORT 2011 | LETTER FR
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BOARDOF DIRECTORSChairmanDr. Franci
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HISTORIES AND INTERVIEWS
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SARA BAAfter more than 20 years of
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Is this performance your first homa
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16 | ANNUAL REPORT 2011 | DYNAMISM
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millions of followers worldwide.
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Now his objective is to drive to wi
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BARCELONABERLIN22 | ANNUAL REPORT 2
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M.A.N.D.Y.With electronic music fir
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JUDITH COLELLJudith Colell is alrea
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THE KEYS TOSUCCESSCarme Ruscalleda
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Chef Carme Ruscalleda and formerswi
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32 | ANNUAL REPORT 2011 | RELIABILI
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EUROPEANGREENCAPITALS:CITIES TOLIVE
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Rubbish collection system in Stockh
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The quality of SEAT vehicles is inh
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ALICIA JARILLOHELPING THE NEEDYFor
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Management Report
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IndustrialActivityPRODUCTIONIn 2011
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odywork and painting workshops so a
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Passionate about perfection.QUALITY
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CommercialActivitySALESIn 2011 SEAT
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SEAT possesses a widespread, effici
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SPONSORSHIPSports and music. Music
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SEAT RANGESEAT offers anentire rang
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SEAT IBIZA STThe Ibiza ST adds func
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SEAT LEÓNThe SEAT León stands for
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The brand’s values - Design Drive
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Copa versions of Ibiza SC, León an
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SEAT León TwinDrive and Altea XL E
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IBL concept car, design in evolutio
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SEAT - one of Spain’s major creat
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scheme based on three aspects. Firs
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power generating plant at Martorell
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football Cup (this year in its 5 th
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RISK DETECTION AND ASSESSMENTSEATRI
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- Page 110 and 111: BALANCESHEETAt December 31(millions
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- Page 114 and 115: CASHFLOWSTATEMENTJanuary 1 to Decem
- Page 116 and 117: NOTESFinancial year ending December
- Page 118 and 119: Rights received via the National At
- Page 120 and 121: f) SubventionsCapital subventions a
- Page 122 and 123: The saleable value of this fixed as
- Page 124 and 125: 8. FINANCIAL INSTRUMENTSa) Impact o
- Page 126 and 127: II. Credit riskCredit risk arises o
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- Page 134 and 135: 19. INCOME AND EXPENSESa) Distribut
- Page 136 and 137: f) Other operating expensesMillions
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- Page 142 and 143: APPENDIX 1.EVOLUTION OF NON-CURRENT
- Page 144 and 145: 2011Cost of acquisition or manufact
- Page 146 and 147: APPENDIX 2.SUBSIDIARYCOMPANIES(mill
- Page 148 and 149: CONSUMPTION AND EMISSION FIGURESCon
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