Fun Info About Volkswagen Financial Statement Fake Profit And Loss
Financial reports 2023 2022 2021 this is an overview of the annual reports and financial reports of the volkswagen group and volkswagen aktiengesellschaft.
Volkswagen financial statement. Cash flow statement. The change in working capital amounted to €3.4 (1.1) billion. In fiscal year 2020, the volkswagen group generated sales revenue of €222.9 billion.
Amortization of and impairment losses on capitalized development costs 1. At the end of december 2022, the volkswagen group’s net liquidity stood at € −125.8 billion, compared with € −136.6 billion on december 31, 2021. Depreciation and amortization of, and impairment losses on, intangible assets, property, plant and equipment, and investment property 1.
At the end of the fiscal year, the volkswagen group reported cash and cash equivalents of €29.7 (39.1) billion in its cash flow statement. The financial result went down by €1.2 billion to €8.5 billion, mainly because of a decline in income from profit transfers. Taxes on income rose to €−1.1 (−0.7 ) billion, particularly due to higher tax expenses for prior years.