Audi 2006 Annual Report Download - page 135

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1 3 3
EUR million 2006 2005
Operating result before tax 2,015 1,407
– Tax (35 %) 705 492
= Operating result after tax 1,310 915
Average operating assets 11,575 11,608
– Non-interest-bearing liabilities 2,321 2,150
= Invested assets 9,254 9,458
Return on investment (in %) 14.2 9.7
For the 2006 financial year, the Audi Group achieved a return on investment of 14.2 percent.
Audi has therefore easily exceeded its long-term target of ten percent for the first time and
this figure consequently now places it among the leaders in the car industry.
System of remuneration for the Supervisory Board and Board of Management
Information on the system of remuneration for the Supervisory Board and Board of Man-
agement is provided in the Notes to the Consolidated Financial Statements under “Details of
the Supervisory Board and Board of Management” on pages 203 to 205.
The Audi Group lives up to its brand identity “Vorsprung durch Technik” in particular by
systematically bringing innovations to product maturity.
The employee total in the Research and Development area averaged 5,946 (5,653) em-
ployees over the year, comprising 5,717 (5,419) at AUDI AG, 99 (93) at AUDI HUNGARIA
MOTOR Kft. and 130 (141) at Automobili Lamborghini S.p.A.
Research and development expenditure recognised as an expense
EUR million 2006 2005
Research expenditure and development expenditure not recog-
nised as an intangible asset 1,077 999
Amortisation and disposals of development expenditure
recognised as an intangible asset 905 586
Total research and development expenditure recognised
as an expense 1,982 1,585
Technical innovations
Engines for the future: 1.8 TFSI and 2.8 FSI
The new 1.8 TFSI engine develops 118 kW (160 bhp) and generates up to 250 Newton-metres
of torque. It constitutes the basis of a completely new consumption-optimised family of
engines. The engine is designed for worldwide use and in particular to meet all known
emission limits.
The 2.8-litre FSI engine has an output of 154 kW (210 bhp) and 280 Newton-metres of
torque. In addition to FSI petrol direct injection, this V6 engine is the first to incorporate the
innovative Audi valvelift system. This intelligent system of actuation directly by the cam-
shafts cuts petrol consumption by as much as ten percent and boosts low-end torque, si-
multaneously enhancing driving fun quite appreciably.
Research and development