FAQs

Frequently asked questions are answered here.

VOLKSWAGEN SHARE

What are the Securities Code Numbers (WKN etc.) of the Volkswagen shares?

                            WKN      ISIN
Ordinary shares   766400   DE0007664005
Preference shares 766403   DE0007664039 

How long has Volkswagen been listed on the stock exchange and when were stock splits carried out?

Volkswagen ordinary shares (nominal value DM 100.-) were issued at a price of DM 350.- in August 1961. Since then there were two stock splits. The first split took place 17 March 1969 at a ratio 1:2 (from DM 100.- to DM 50.- share). The second split was carried out on 6 July 1998 at a ratio 1:10 (from DM 50.- to no-nominal-value share).
Volkswagen preference shares were introduced in September 1986 through a recapitalisation of DM 300 million.

On which stock exchanges are Volkswagen shares traded?

Volkswagen shares are traded on the following stock exchanges: Berlin, Bremen, Düsseldorf, Frankfurt, Hamburg, Hanover, Munich, Stuttgart, Xetra, SWX Swiss Exchange, London, Luxembourg, Tokyo.
Since 1988 Volkswagen shares are represented in New York via a programme of sponsored unlisted American Depositary Receipts (ADR). More information is available <<here>>.

In which indices are Volkswagen shares included?

Volkswagen ordinary shares are  included in the following indices: DAX®, HDAX®, CDAX®, Prime All Share, Prime Automobile, DJ Euro STOXX Automobile, FTST Eurotop 100 Index, S&P Global 100 Index, DJ Sustainability Index (until 19 September 2005), FTSE4Good.

Please show dividend payments for the recent years.

Euro
Dividend/year          2006 *  2005  2004  2003  2002     2001   2000
Ordinary shares        1.25     1.15  1.05   1.05    1.30     1.30     1.20
Preference shares     1.31     1.21  1.11   1.11    1.36     1.36     1.26
*proposed

What is the nominal value of the Volkswagen shares?

Both ordinary and preference shares are no-nominal-value-shares.

FINANCIAL DATA

Please show the revenue development of the Volkswagen Group in the recent years?

[The financial statements prepared in accordance with International Financial Reporting Standards (IFRSs) are not comparable with the German Commercial Code (HGB). The Financial Data for the years 2000 to 2003 are restated.]

 Year    

 2006

 2005* 

2004 

 2003

 2002 

 2001 

 

 Reporting

 IFRS

 IFRS

IFRS 

 IFRS 

IFRS 

IFRS 

 

 Revenue (€ mlo.) 

 104,875

 93,996 

 88,963

 84,813

 85,293

87,303

 

*restated

Please show the profit after tax for the Volkswagen Group in the recent years?

[The financial statements prepared in accordance with International Financial Reporting Standards (IFRSs) are not comparable with the German Commercial Code (HGB). The Financial Data for the years 2000 to 2004 are restated.]

 

 

 

 

 

 

 

 

 

     2006

 2005* 

 2004 

2003 

2002 

2001

 

Reporting 

 

 IFRS

 IFRS

 IFRS

 IFRS

 IFRS

 IFRS

 

Profit after tax (€ mlo)

 

 2,750

 1,120

 697

 1,003

 2,597

 2,926

 

 *restated

FURTHER FAQs

How will the amendment to Section 37 of the German Corporate Income Tax Act (KStG (corporate income tax credits from “old” equity (EK40)) affect the Volkswagen Group?

The German Upper House (Bundesrat) passed an act relating to fiscal measures intended to accompany the introduction of the European Company and the subsequent modification of other fiscal provisions (SEStEG) in its November 24, 2006 session. Among other things, the act includes new provisions for recognizing corporate income tax credits from previous years. The act was published in the Federal Law Gazette on 12 December 2006.

According to past legislation, the annual prorated realization of these tax credits was linked to dividend payments, and thus to future events.

As of December 31, 2005, the total value of corporate income tax credits not claimed within Volkswagen amounted to around €1.2 billion. We reported upon this on page 138 within Note 7 of our 2005 annual report.

The SEStEG envisions determining corporate income tax credits independently of dividend payments. Accordingly, the refunds are to be paid out in ten equal annual instalments from 2008 to 2017. Pursuant to Section 37 of the new German Corporate Income Tax Act (KStG-neu), the credit becomes realizable in its full amount as of December 31, 2006, and does not bear interest.

As the corporate income tax credit is now confirmed, the net present value as of 31 December 2006 has to be reported in the annual report. In the consolidated accounts as well as the accounts for Volkswagen AG an extraordinary tax income of € 951 million will be recorded for 2006.


Does this affect other companies of the Volkswagen Group?

With regards to tax, Volkswagen Group consolidates all significant subsidiaries in Germany, and there are therefore no further tax credits besides that of Volkswagen AG.