Audi 2006 Annual Report Download - page 152

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1 5 0
Development of profit before tax and rate of return before tax
2,000
1,500
1,000
500
0
Profit before tax (EUR million)
Rate of return before tax (in %)
1,946
2006
6.2
1,310
2005
4.9
1,143
2004
4.7
2003
1,101
4.7
The Audi Group consequently posted an impressive 48.5 percent rise in profit before tax to
EUR 1,946 (1,310) million. Profit after tax reached EUR 1,343 (824) million and therefore like-
wise showed a rise of 63.0 percent.
Key earnings data
% 2006 2005
Rate of return before tax 6.2 4.9
Equity return after tax 20.1 13.8
Return on investment 14.2 9.7
The positive business trend is also reflected in an improvement in the key return ratios. The
rate of return before tax, for instance, rose from 4.9 percent to 6.2 percent. The return on
investment, as an indication of the profitability of a company, showed an impressive rise
from 9.7 to 14.2 percent, for the first time exceeding the threshold of the long-term target of
the Audi Group of ten percent.