Audi 2007 Annual Report Download - page 228

225
EUR million 2007 2006 2007 2006
Investments in intangible
assets and property, plant
and equipment Long-term investments
Germany 1,831 1,511 34 3
Rest of Europe 235 399 – 5
Rest of World 13 7 2 –
Consolidation measures – – – –
Audi Group 2,079 1,917 36 8
EUR million 2007 2006 2007 2006
Depreciation and amortization Other non-cash expenses
Germany 1,689 2,027 961 1,522
Rest of Europe 591 417 214 270
Rest of World 7 71 273 130
Consolidation measures – – 738 – 6
Audi Group 2,287 2,515 2,186 1,916
Revenue by region 2007 share 2006 share
EUR million % EUR million %
Germany 8,994 26.8 9,101 29.2
Rest of Europe 17,017 50.6 15,530 49.9
North America 3,479 10.3 3,067 9.9
Asia/Oceania 3,641 10.8 2,992 9.6
Africa 289 0.9 286 0.9
South America 197 0.6 166 0.5
Total 33,617 100.0 31,142 100.0
49 German Corporate Governance Code
The Board of Management and Supervisory Board of AUDI AG submitted the declaration
pursuant to Section 161 of the German Stock Corporation Act relating to the “German Cor-
porate Governance Code” on December 5, 2007, and made it permanently accessible on the
Internet at www.audi.com/cgk-declaration.
50 Details of the Supervisory Board and Board of Management
The remuneration paid to members of the Board of Management complies with the legal
requirements of the German Stock Corporation Act, as well as the recommendations and
most of the suggestions in the German Corporate Governance Code.
The total short-term remuneration comprises fixed and variable income components.
The fixed components assure a base remuneration that enables the Board member to exe-
cute his duties in the best interests of the Company and with the care of a reasonable and
prudent operator, without becoming dependent upon the attainment of short-term targets.
Conversely, variable components that are contingent on the economic results of the Com-