Audi 2008 Annual Report Download - page 213

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11 Profit transfer to Volkswagen AG
The amount of EUR 1,230 (1,412) million will be transferred to Volkswagen AG (Wolfsburg)
under the profit transfer agreement with AUDI AG.
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 the case of AUDI AG, 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, 2008
or December 31, 2007.
2008 2007
Profit share of AUDI AG stockholders (EUR million) 2,178 1,654
Weighted average number of shares
(basic and diluted totals are identical) 43,000,000 43,000,000
Earnings per share in EUR 50.66 38.46
Outside stockholders of AUDI AG will receive a compensatory payment for each no-par share in
lieu of a dividend for the 2008 fiscal year. The level of this payment corresponds to the dividend
that is paid on one ordinary share of Volkswagen AG (Wolfsburg). The dividend payment will be
resolved by the Annual General Meeting of Volkswagen AG on April 23, 2009.
13 Additional disclosures on financial instruments in the Income Statement
Categories
Financial instruments are categorized as follows in accordance with IFRS 7:
– Measured at fair value,
– Measured at amortized cost,
– Not under scope of IFRS 7.
Those financial instruments not within the scope of IFRS 7 are investments accounted for using
the equity method, which are neither financial instruments as defined in IAS 39 nor financial
instruments as defined in IFRS 7.
Net results for financial instruments
The net results for financial instruments – as categorized under IAS 39 – are as follows:
EUR million 2008 2007
Financial instruments at fair value through profit or loss – 30 42
Loans and receivables – 147 – 140
Available-for-sale financial assets 448 361
Measured at amortized cost – –