SEAT Annual Report 2011 - Volkswagen AG

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Management <strong>Report</strong>
Industrial Activity 44Commercial Activity 50Brand and Product 62Research and Development 66Human Resources 70CorporateSocial Responsibility 74Financial Activity 82
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TIMELINE2011January 24. Connection
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2011SEATANNUALREPORT
Page 8 and 9:
DYNAMIC
Page 10 and 11:
YOUNGSPIRITED
Page 13 and 14: RELIABLESEAT IS RELIABLESEAT is a b
Page 15 and 16: SEAT IS EFFICIENTSEAT’s Ecomotive
Page 17: SEAT IS ACCESSIBLESEAT is a transpa
Page 21 and 22: CONTENTSPAGEPAGEManagement04 Letter
Page 23 and 24: LETTER FROM THE CHAIRMANOF THE BOAR
Page 26 and 27: 06 | ANNUAL REPORT 2011 | LETTER FR
Page 28 and 29: BOARDOF DIRECTORSChairmanDr. Franci
Page 30 and 31: HISTORIES AND INTERVIEWS
Page 32 and 33: SARA BAAfter more than 20 years of
Page 34 and 35: Is this performance your first homa
Page 36 and 37: 16 | ANNUAL REPORT 2011 | DYNAMISM
Page 38 and 39: millions of followers worldwide.
Page 40 and 41: Now his objective is to drive to wi
Page 42 and 43: BARCELONABERLIN22 | ANNUAL REPORT 2
Page 44 and 45: M.A.N.D.Y.With electronic music fir
Page 46 and 47: JUDITH COLELLJudith Colell is alrea
Page 48 and 49: THE KEYS TOSUCCESSCarme Ruscalleda
Page 50 and 51: Chef Carme Ruscalleda and formerswi
Page 52 and 53: 32 | ANNUAL REPORT 2011 | RELIABILI
Page 54 and 55: EUROPEANGREENCAPITALS:CITIES TOLIVE
Page 56 and 57: Rubbish collection system in Stockh
Page 58 and 59: The quality of SEAT vehicles is inh
Page 60 and 61: ALICIA JARILLOHELPING THE NEEDYFor
Page 64 and 65: IndustrialActivityPRODUCTIONIn 2011
Page 66 and 67: odywork and painting workshops so a
Page 68 and 69: Passionate about perfection.QUALITY
Page 70 and 71: CommercialActivitySALESIn 2011 SEAT
Page 72 and 73: SEAT possesses a widespread, effici
Page 74 and 75: SPONSORSHIPSports and music. Music
Page 76 and 77: SEAT RANGESEAT offers anentire rang
Page 78 and 79: SEAT IBIZA STThe Ibiza ST adds func
Page 80: SEAT LEÓNThe SEAT León stands for
Page 83 and 84: The brand’s values - Design Drive
Page 85 and 86: Copa versions of Ibiza SC, León an
Page 87 and 88: SEAT León TwinDrive and Altea XL E
Page 89 and 90: IBL concept car, design in evolutio
Page 91 and 92: SEAT - one of Spain’s major creat
Page 93 and 94: scheme based on three aspects. Firs
Page 95 and 96: power generating plant at Martorell
Page 97 and 98: football Cup (this year in its 5 th
Page 99: RISK DETECTION AND ASSESSMENTSEATRI
Page 102 and 103: FinancialActivitySEAT Exeo, perfect
Page 104 and 105: RESULTSIn spite of the difficult, e
Page 106 and 107: SEAT, S.A. ANNUAL ACCOUNTS
Page 108 and 109: 88 | ANNUAL REPORT 2011 | AUDITORS
Page 110 and 111: BALANCESHEETAt December 31(millions
Page 112 and 113:
STATEMENTOF CHANGESIN EQUITYAt Dece
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
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f) SubventionsCapital subventions a
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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
Page 128 and 129:
On February 25, 2010, the sole shar
Page 130 and 131:
Liabilities (mainly with Group comp
Page 132 and 133:
Profit and Loss StatementEquityMill
Page 134 and 135:
19. INCOME AND EXPENSESa) Distribut
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f) Other operating expensesMillions
Page 138 and 139:
d) Environment-related incomeIncome
Page 140 and 141:
PostDr. Francisco Javier García Sa
Page 142 and 143:
APPENDIX 1.EVOLUTION OF NON-CURRENT
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2011Cost of acquisition or manufact
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APPENDIX 2.SUBSIDIARYCOMPANIES(mill
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CONSUMPTION AND EMISSION FIGURESCon
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SEATCREDITSThis version sets forth
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SEAT Annual Report 2011 - Volkswagen AG

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