Audi 2007 Annual Report Download - page 199

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11 Profit transfer to Volkswagen AG
The amount of EUR 1,412 (856) million will be transferred to Volkswagen AG under the profit
transfer agreement.
12 Earnings per share
Basic earnings per share are calculated by dividing the share of profit due to AUDI AG stock-
holders by the weighted average number of shares in circulation during the fiscal year.
In Audi’s case, the diluted earnings per share are the same as the basic earnings per
share, since there were no potential shares of AUDI AG in existence at either December 31,
2007, or December 31, 2006.
2007 2006
Profit share of AUDI AG stockholders (EUR million) 1,654 1,343
Weighted average number of shares
(basic and diluted totals are identical) 43,000,000 43,000,000
Earnings per share in EUR 38.46 31.24
Outside stockholders of AUDI AG will receive a compensatory payment for each no-par share
in lieu of a dividend for the 2007 fiscal year. The level of this payment corresponds to the
dividend that is paid on one Volkswagen AG ordinary share. The dividend payment will be
resolved by the Annual General Meeting of Volkswagen AG on April 24, 2008.
13 Additional disclosures on financial instruments in the Income Statement
Categories
Financial instruments are divided into the following three categories within the Audi Group:
– measured at fair value,
– measured at amortized cost,
– not under the scope of IFRS 7.
The category of financial instruments that are not covered under the scope of IFRS 7 com-
prises the investments accounted for using the equity method.
Net results for financial instruments
The net results for financial instruments – as categorized under IAS 39 – are as follows:
EUR million 2007 2006
Financial instruments at fair value through profit or loss 42 14
Loans and receivables – 140 – 112
Available-for-sale financial assets 361 181
Financial liabilities measured at amortized cost – – 4