VOW — Volkswagen AG Income Statement

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Annual income statement for Volkswagen AG, fiscal year end - December 31st, EUR millions except per share, conversion factor applied.

	2019 December 31st	2020 December 31st	2021 December 31st	R2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	ARS	ARS	ARS	ARS
Standards:	IFRS	IFRS	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	252,632	222,884	250,200	279,050	322,284
Cost of Revenue
Gross Profit	49,972	40,127	48,046	53,027	62,357
Selling / General / Administrative Expenses
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	235,672	213,209	230,925	258,841	299,708
Operating Profit	16,960	9,675	19,275	20,209	22,576
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	18,356	11,667	20,126	22,070	23,194
Provision for Income Taxes
Net Income After Taxes	14,030	8,824	15,428	15,853	17,928
Minority Interest
Net Income Before Extraordinary Items
Net Income	13,887	8,867	15,382	15,458	16,599
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Dilution Adjustment
Diluted Net Income	13,346	8,334	14,843	14,882	16,013
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	29.8	19.6	33.4	35	34.3
Dividends per Share