Audi 2008 Annual Report Download - page 239
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220
36 Contingencies
Contingencies are unrecognized contingent liabilities whose amount corresponds to the maxi-
mum possible use as of the balance sheet date.
EUR million Dec. 31, 2008 Dec. 31, 2007
Liabilities from guarantees 62 9
Furnishing of collateral for outside liabilities 68 53
Total 130 62
37 Litigation
Neither AUDI AG nor any of its Group companies are involved in ongoing or prospective legal or
arbitration proceedings which could have a significant influence on their economic position.
Appropriate provisions have been created within each Group company, or adequate insurance
benefits are anticipated, for potential financial charges resulting from other legal or arbitra-
tional proceedings.
38 Change of control agreements
Change of control clauses are contractual agreements between a company and third parties to
provide for legal succession should there be a direct or indirect change in the ownership struc-
ture of any party to the contract.
The contractual agreements between the Audi Group and third parties do not contain any
change of control clauses in the event of a change in the ownership structure of AUDI AG or its
subsidiaries.
39 Other financial obligations
EUR million Due Dec. 31, 2008 Due Dec. 31, 2007
Within 1
year
1 to 5
years
Over
5 years Total
Over
1 year Total
Ordering commitments for
property, plant and equipment 761 406 –1,167 332 1,203
intangible assets 181 41 –222 47 220
Commitments from long-term
rental and lease agreements 57 39 16 112 18 39
Total 999 486 16 1,501 397 1,462
40 Discontinued operations
There are no plans to discontinue or cease operations as defined by IFRS 5.
41 Cost of materials
EUR million 2008 2007
Raw materials and consumables used, as well as purchased goods 21,804 21,242
Purchased services 1,626 1,850
Total 23,430 23,092
42 Personnel costs
EUR million 2008 2007
Wages and salaries 3,076 2,836
Social insurance and expenses for retirement benefits and support payments 633 570
of which relating to retirement benefit plans 65 84
of which defined contribution pension plans 258 237
Total 3,709 3,406