SEAT Annual Report 2011 - Volkswagen AG

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SEAT RANGESEAT offers anentire rangeof models,in a perfectcombinationof design andtechnology.SEAT MiiThe SEAT Mii is the smart choice for modernurban mobility: it melds innovativetechnology with compellingdesign and lowemissions.56 | Annual Report 2011 | Commercial Activity
SEAT IBIZAThe SEAT Ibiza is the best expression wherebeauty and technology come together,a balanced representative ofour values.SEAT IBIZA SCThe SEAT Ibiza SC has the most attractive andmodern design with technologicalsubstance.Commercial Activity | Annual Report 2011 | 57
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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
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 62 and 63: Management Report
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 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
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
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II. Credit riskCredit risk arises o
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On February 25, 2010, the sole shar
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Liabilities (mainly with Group comp
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Profit and Loss StatementEquityMill
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19. INCOME AND EXPENSESa) Distribut
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f) Other operating expensesMillions
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d) Environment-related incomeIncome
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PostDr. Francisco Javier García Sa
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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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