volkswagen equity, debt and subsidiaries

Accuracy score :
97%

Volkswagen AG

VLKAY

 

Significant consolidated subsidiaries over 200 million:

 

Subsidiary (German)

Stake(%)

Equity in thousands (EUR)

AUDI AG, Ingolstadt

99.55

8,506,199

Porsche Holding Stuttgart GmbH, Stuttgart

100

8,937,561

Porsche Siebte Vermögensverwaltung GmbH, Stuttgart

100

636,919

Truck & Bus GmbH, Wolfsburg

100

12,328,834

VOLKSWAGEN FINANCIAL SERVICES AG, Braunschweig

100

5,251,495

Volkswagen Sachsen GmbH, Zwickau

100

672,503

VW Kraftwerk GmbH, Wolfsburg

100

219,914

TOTAL ex-FIN : 29,987,508,000 EUR

 

Subsidiary (International)

Stake(%)

Equity in thousands (Currency)

Bugatti International S.A., Luxembourg

100

5,376 (EUR)

OOO Volkswagen Group Rus, Kaluga

28.06

31,292,273 (RUB) 

= 375,069,093 (EUR)

Scania AB, Södertälje

86.22

19,602,148 (SEK)

=  2,091,886,929( EUR)

Volkswagen (China) Investment Co., Ltd., Beijing

100

31,266,451 (CNY)

=4,325,009,138 (EUR)

Volkswagen Holding Österreich GmbH, Salzburg

100

3,323,395 (EUR)

Total for table ex-INSIG: 6,422,271,000 EUR

Total for table ex-INSIG ex-ChinaInvestment: 2,097,262,000 EUR

 

 

 

Joint Ventures:

 

 

 

Equity-accounted (International)

Stake(%)

Equity in thousands (Currency)

FAW-Volkswagen Automotive Co., Ltd., Changchun

20

59,951,984 (CNY)

= 8,293,006,412 (EUR)

20% stake = 1,685,601,282 EUR

Shanghai-Volkswagen Automotive Co., Ltd., Shanghai

40

39,161,738 (CNY)

= 5,416,338,629 (EUR)

40% stake = 2,166,535,451 EUR

 

Total equity-China=  3,849,136,000 EUR

 

Companies Accounted for at Cost (International)

Stake(%)

Equity in thousands (Currency)

Material Science Center Qatar QSTP-LLC, Doha

25

14,092 (QAR)

 

Associates:

 

 

 

 

 

Other Equity Investments (Germany)

Stake(%)

Equity in thousands (EUR)

SGL Carbon SE, Wiesbaden

9.92

957,000

 

 

Other Equity Investments (International)

Stake(%)

Equity in thousands (Currency)

Suzuki Motor Corp., Hamamatsu

19.89

758,122,000 (JPY)

= 6,071,705,848 (EUR)

20% stake = 1,214,341,169 EUR

 

Total significant subsidiaries : 37,148,247,000 EUR  (  41,093,390,831 USD)

 

Total Long Term  + Short term Debt= 126,540,000,000 EUR

 

 

Thoughts on the company:

After a very public scandal in which VLKAY was discovered cheating on US emissions tests,

After the scandal, sales of new VW cars in the UK fell 13.9 per cent in January, but used VW car sales were unaffected. Some experts say that the scandal did not interrupt the consumer consciousness of VW as much as expected.

Highest overall car-brand scores in Consumer Reports’ 2016 Brand Report Card went to Volkswagen AG’s Audi. Audi won best overall brand, and VLKAY’s Porsche brand also made the top five.

Balance sheet for VLKAY looks strong.