Audi 2007 Annual Report Download - page 163

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160
Development of profit before tax and rate of return before tax
3,000
2,000
1,000
0
Profit before tax (EUR million)
Rate of return before tax (in %)
2,915
2007
8.7
1,946
2006
6.2
1,310
2005
4.9
2004
1,143
4.7
The Audi Group therefore increased its profit before tax by 49.8 percent to EUR 2,915 (1,946)
million. The balance after deduction of taxes amounted to a profit after tax of EUR 1,692
(1,343) million, representing a sharp year-on-year rise of 26.0 percent.
Key earnings data
% 2007 2006
Rate of return before tax 8.7 6.2
Equity return after tax 21.7 20.1
Return on investment 18.6 14.2
The Audi Group’s highly profitable growth is also reflected in all key return ratios. The rate
of return before tax, for instance, rose from 6.2 percent to an excellent 8.7 percent. This
means that the Company has already achieved the target of 8 percent it had set itself for
2010. The return on investment is no less impressive. This indicator rose from 14.2 percent
to 18.6 percent, again underscoring the strong profitability of the Audi Group. The task over
the coming years will now be to sustain the rates of return at these high levels.