Audi 2007 Annual Report Download - page 140

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137
AUDI HUNGARIA MOTOR Kft. develops and builds engines for AUDI AG and other Volks-
wagen Group companies, as well as for third parties, at Győr, Hungary. The Audi TT Coupé
and Roadster models and the new A3 Cabriolet are also built there in partnership with the
Ingolstadt plant. This Company has advanced to become one of the country’s major export-
ers and highest-revenue businesses.
The Bologna region of Italy is home to Automobili Lamborghini S.p.A., which builds the
Gallardo Coupé, Gallardo Spyder, Gallardo Superleggera, Murciélago LP640 Coupé, Murcié-
lago LP640 Roadster and Reventón super sports cars.
Vehicles of the Audi brand and of other Volkswagen Group brands are sold in Italy by
VOLKSWAGEN GROUP ITALIA S.P.A., a subsidiary of Automobili Lamborghini Holding S.p.A.,
based in Verona.
Main companies within the Audi Group
AUDI HUNGARIA
MOTOR Kft.
Automobili Lamborghini
Holding S.p.A.
quattro GmbH Sales subsidiaries
Automobili Lamborghini S.p.A.
Lamborghini ArtiMarca S.p.A.
MML S.p.A.
AUDI AG
Audi Australia Pty Ltd.Audi Australia Pty Ltd.
Audi Japan K.K.Audi Japan K.K.
Audi Brasil Distribuidora de Veículos Ltda.Audi Brasil Distribuidora de Veículos Ltda.
Audi Volkswagen Korea Ltd.Audi Volkswagen Korea Ltd.
Audi Vertriebsbetreuungsgesellschaft mbHAudi Vertriebsbetreuungsgesellschaft mbH
Audi Volkswagen Middle East FZEAudi Volkswagen Middle East FZE
Audi of America, LLCAudi of America, LLC
Audi Canada Inc.Audi Canada Inc.
Audi Retail GmbHAudi Retail GmbH
VOLKSWAGEN GROUP ITALIA S.P.A.
VOLKSWAGEN GROUP FIRENZE S.P.A.
Audi Zentrum Hannover GmbHAudi Zentrum Hannover GmbH
Consolidated companies
AUDI AG’s largest stockholder is Volkswagen AG, which currently holds around 99 percent of
the share capital. A control and profit transfer agreement is in effect between the two com-
panies. Volkswagen AG includes the consolidated financial statements of AUDI AG in its own
consolidated financial statements.
The following changes to the Audi Group took place during the past fiscal year:
Audi Retail GmbH and VOLKSWAGEN GROUP FIRENZE S.P.A. were included in the consoli-
dated financial statements as fully consolidated companies as of January 1, 2007. A profit
transfer agreement was concluded between Audi Retail GmbH and AUDI AG. Audi Zentrum
Hannover GmbH has also been comprehensively consolidated from January 1, 2007, as are
Audi of America LLC and Audi Canada Inc. These latter two new companies, established
effective January 1, 2007, were consolidated in accordance with the criteria of IAS 27.13,
Sentence 2.
AUTOGERMA S.p.A. was renamed VOLKSWAGEN GROUP ITALIA S.P.A. effective January 1,
2007.
Profit transfer agreements exist between AUDI AG and the principal German subsidiaries.