Value added statement

The value added statement indicates the added value generated by a company in the past fiscal year as its contribution to the gross domestic product of its home country, and how it is appropriated. The value added generated by the Volkswagen Group in the year under review was 8.1% higher than in the previous year. Added value per employee in 2014 was €103.9 thousand (+5.5%). Employees in the passive phase of their partial retirement are not included in the calculation.

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VALUE ADDED GENERATED BY THE VOLKSWAGEN GROUP

 

 

Source of funds in € million

 

2014

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

Sales revenue

 

202,458

 

 

 

197,007

 

 

Other income

 

14,192

 

 

 

13,994

 

 

Cost of materials

 

−132,514

 

 

 

−127,089

 

 

Depreciation and amortization

 

−16,964

 

 

 

−14,686

 

 

Other upfront expenditures

 

−15,063

 

 

 

−21,027

 

 

Value added

 

52,109

 

 

 

48,198

 

 

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Appropriation of funds in € million

 

2014

 

%

 

2013

 

%

 

 

 

 

 

 

 

 

 

to shareholders (dividend, 2014 dividend proposal)

 

2,294

 

4.4 %

 

1,871

 

3.9 %

to employees (wages, salaries, benefits)

 

33,834

 

64.9 %

 

31,747

 

65.9 %

to the state (taxes, duties)

 

3,817

 

7.3 %

 

3,865

 

8.0 %

to creditors (interest expense)

 

3,389

 

6.5 %

 

3,442

 

7.1 %

to the Company (reserves)

 

8,774

 

16.8 %

 

7,274

 

15.1 %

Value added

 

52,109

 

100.0 %

 

48,198

 

100.0 %