SEAT Annual Report 2011 - Volkswagen AG

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TIMELINE2011January 24. Connection of ‘SEATin the Sun’, Spain’s largestrooftop photovoltaic facility.March 31. Trading results for2010 presented. Improvement inall indicators.February 25. Alhambra chosenas ‘MPV of the Year’ in Portugal.The model receives several moreawards throughout 2011.April 19. Announcement, atShanghai Motor Show, of startingactivity in China.March 1. The urban SUV IBXprototype and new Alhambra 4unveiled at Geneva Motor Show.May 13. The IBX and IBEprototypes, and new designlanguage, showcased atBarcelona Motor Show.March 16. Agreement signed withCatalan government (Generalitat)for training and hiring of 700workers for Audi Q3.May 26. James Muir, declared‘Executive of the Year’ inCatalonia.
Page 4 and 5: Welcome toENJOYNEERING
Page 7 and 8: DESIGNDRIVENSEAT IS DESIGN DRIVENSE
Page 9 and 10: SEAT IS DYNAMICSEAT cars are fun to
Page 11: SEAT IS YOUNG SPIRITEDSEAT is urban
Page 14 and 15: EFFICIENT
Page 16 and 17: ACCESSIBLE
Page 19: We are Spanish and German.We are pa
Page 22 and 23: MANAGEMENT
Page 24: 04 | ANNUAL REPORT 2011 | LETTER FR
Page 27 and 28: LETTER FROM THECHAIRMAN OFTHE EXECU
Page 29 and 30: EXECUTIVECOMMITTEEMembers of SEAT,
Page 31 and 32: DESIGN 12The flamenco of Sara Baras
Page 33 and 34: Sara Baras is one of the best-known
Page 35 and 36: Is this passion a necessary prerequ
Page 37 and 38: DRIVEN BYTECHNOLOGYJAIME ALGUERSUAR
Page 39 and 40: “I’m qualified tobe at the fron
Page 41 and 42: “Music bringspeople togetherand h
Page 43 and 44: Berlin and Barcelona make up a curi
Page 45 and 46: DELAFÉ Y LAS FLORES AZULESDelafé
Page 47 and 48: KATHARINA RIVILISKatharina Rivilis
Page 49 and 50: CARME RUSCALLEDACarme Ruscalleda is
Page 51 and 52: TEAMWORKAdaptation is also a necess
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For Ruscalleda, the best reward, an
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One of many green areas found in th
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VITORIA: GREEN ON THE INSIDE, GREEN
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PAU DAVÍTESTING PHYSICAL AND MENTA
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RICARDO GARCÍATECHNO GEEKAfter nea
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Industrial Activity 44Commercial Ac
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Visit to SEAT by HRH Prince of Astu
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New bodywork workshop at Martorell
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PURCHASESSEAT continued with its st
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COMMERCIAL NETWORKSEAT’s sales ne
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PRESENTATIONSAND MOTOR SHOWSSEAT tr
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SEAT continues to support the best
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SEAT IBIZAThe SEAT Ibiza is the bes
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SEAT ALTEA XLThe SEAT Altea XL is t
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62 | Annual Report 2011 | Brand and
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COMPANY/ ‘Contribution to environ
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Research andDevelopmentINNOVATIONSE
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Alejandro Mesonero-Romanos, SEAT’
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HumanResourcesSEAT’s priority has
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By hiring morethan 1,300new employe
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Corporate SocialResponsibilityEcomo
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SOCIAL ENVIRONMENTPart of SEAT’s
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With a view to layingthe foundation
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SEAT provides a responsible respons
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SEAT range: León.ECONOMIC ENVIRONM
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Net sales (millIons of euros)4,101.
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AUDITORS’ REPORT 88BALANCE SHEET
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AUDITORS’ REPORT | ANNUAL REPORT
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PROFITAND LOSSSTATEMENTJanuary 1 to
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Statement of total changesSubscribe
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2011 2010Collection for disinvestme
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d) Items appearing under several he
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d) Financial instrumentsI. Long-ter
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j) Income and expensesIncome and ex
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The financial year results deriving
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II. Profit and Loss Statement and e
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10. TRADE RECEIVABLES AND OTHERSMil
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The section ‘Personnel benefits
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Amounts (in millions of euros) of t
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Variation during the fiscal year on
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c) SuppliesMillions of euros 2011 2
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20. ENVIRONMENTa) Environment-relat
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Purchases refer mainly to the acqui
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The breakdown of SEAT, S.A.’s bas
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Depreciation / ImpairmentNet book v
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Depreciation / ImpairmentNet book v
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Grossvalue31.12.11Depreciation31.12
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SEAT, S.A.KEY FIGURES (2007/2011)07
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SEAT, S.A.Balances y Cierres / Comu
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SEAT Annual Report 2011 - Volkswagen AG

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