Annual Financial Statements Of AUDI AG
Annual Financial Statements Of AUDI AG
Annual Financial Statements Of AUDI AG
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and the Audi pre sense safety system make their first appearance in the new A8. With the option<br />
of all-LED headlights, which realize all lighting functions by means of light-emitting diodes, the<br />
Audi brand is making cutting-edge lighting technology available on a volume scale.<br />
The A8’s engine range comprises two diesel and two gasoline power units, which achieve outstanding<br />
fuel economy figures thanks to intelligent efficiency technologies such as energy<br />
recovery and thermo-management. For instance the 3.0 TDI quattro developing 184 kW (250 hp)<br />
averages just 6.6 liters of diesel fuel per 100 kilometers and thus emits only 174 g CO₂/km.<br />
The A8 L, the long-wheelbase version of the A8, was launched in fall 2010. The A8 L W12 quattro<br />
was also given its first public showing. With a 130 millimeter longer wheelbase, these models<br />
offer the benefit of a substantially more comfortable and spacious rear compartment. Exclusively<br />
for the A8 L W12 quattro, there is a 12-cylinder engine with a displacement of 6.3 liters and<br />
gasoline direct injection. This accelerates the long-wheelbase A8 from 0 to 100 km/h in only 4.7<br />
seconds thanks to its output of 368 kW (500 hp) and gives its occupants a superbly refined ride.<br />
Demand for the A8 luxury sedan reached an excellent level in its very first year on the market. In<br />
2010 a total of 17,039 (11,703) vehicles were delivered, a rise of 45.6 percent.<br />
Audi R8<br />
The Audi brand extended its product range in the supercar segment during the past fiscal year.<br />
In March 2010 the first specimens of the R8 Spyder 5.2 FSI quattro were delivered to customers.<br />
This vehicle blends breathtaking dynamism with the experience of open-top driving. As in the<br />
Coupé, a 386 kW (525 hp) V10 high-revving mid-engine with gasoline direct injection delivers<br />
spectacular road performance. The light aluminum body using the Audi Space Frame principle<br />
(ASF), all-LED headlights and the quattro permanent all-wheel drive system which directs more<br />
of the propulsive power to the rear wheels demonstrate the high technological standards of the<br />
brand with the four rings.<br />
The top version of the R8 car line, the R8 GT, was unveiled in May 2010. This supercar is available<br />
in a limited edition of 333 units. The R8 GT’s curb weight is just 1,525 kilograms thanks to the<br />
use of innovative lightweight materials such as carbon fiber and magnesium, some 100 kilograms<br />
lighter than the R8 5.2 FSI quattro. The ten-cylinder engine’s output was increased to<br />
412 kW (560 hp). The Audi R8 GT consequently has a power-to-weight ratio of 2.72 kg/hp and<br />
accelerates from 0 to 100 km/h in a breathtaking 3.6 seconds. In July 2010 the model range<br />
gained a new member, the R8 Spyder 4.2 FSI quattro, with an eight-cylinder 4.2-liter engine and<br />
developing 316 kW (430 hp).<br />
In total, 3,166 (3,074) vehicles of the R8 car line were delivered to customers in the period<br />
under review.<br />
FINANCIAL PERFORMANCE INDICATORS<br />
FINANCIAL PERFORMANCE<br />
<strong>AUDI</strong> <strong>AG</strong> increased its revenue by 24.2 percent to EUR 30,233 (24,339) million in fiscal 2010 –<br />
the highest level in the Company’s history, which now goes back over a century. This positive<br />
development was driven mainly by increased sales of vehicles.<br />
The Company increased revenue brought in by sales of Audi brand cars by 25.8 percent to<br />
EUR 27,108 (21,554) million. Thanks to high demand, the Audi A4 car line confirmed its position<br />
as the revenue mainstay. Meanwhile there was a substantial boost to revenue from increased<br />
unit sales of the A5 and Q5 models. Both car lines have therefore already developed into<br />
key products in the Audi brand portfolio.<br />
Following the gradual market launch of the new-generation A8 model, revenue from the luxury<br />
sedan was more than doubled. The revenue realized from sales of the Audi Q7 in particular also<br />
developed highly satisfactorily.<br />
21<br />
4<br />
Management Report<br />
<strong>AUDI</strong> <strong>AG</strong><br />
10 Business and<br />
underlying situation<br />
10 Economic environment<br />
12 Research and development<br />
15 Procurement<br />
15 Production<br />
17 Deliveries and distribution<br />
21 <strong>Financial</strong> performance<br />
indicators<br />
21 <strong>Financial</strong> performance<br />
22 Net worth<br />
23 <strong>Financial</strong> position<br />
23 Social and ecological aspects<br />
31 Risks, opportunities<br />
and outlook<br />
41 Disclaimer