Audi 2009 Annual Report Download - page 192

189
Consolidated Financial
Statements
178 Income Statement
179 Statement of Recognized
Income and Expense
180 Balance Sheet
181 Cash Flow Statement
182 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
184 Development of fixed assets
in the 2009 fiscal year
186 Development of fixed assets
in the 2008 fiscal year
188 General information
188 Accounting principles
190 Group of consolidated
companies
191 Key effects of changes to
the group of consolidated
companies on the opening
balance sheet for 2009
191 Consolidation principles
192 Foreign currency translation
192 Recognition and
measurement principles
199 Notes to the Income Statement
205 Notes to the Balance Sheet
215 Additional disclosures
236 Events occurring subsequent
to the balance sheet date
237 Statement of Interests
held by the Audi Group
The following standards and interpretations were also applied for the first time during the cur-
rent fiscal year without this having any major impact on the presentation of the Consolidated
Financial Statements.
–IFRS 1/IAS 27: Cost of an Investment in a Subsidiary, Jointly Controlled Entity or Associate
–IFRS 2: Share-based Payment – Vesting Conditions and Cancellations
–IFRS 4: Insurance Contracts
–IFRS 7/IAS 39: Reclassification of Financial Assets – Effective Date and Transition
–IAS 1/IAS 32: Puttable Financial Instruments and Obligations Arising on Liquidation
–IFRIC 9/IAS 39: Reassessment of Embedded Derivatives
–IFRIC 11/IFRS 2: Group and Treasury Share Transactions
–IFRIC 13: Customer Loyalty Programs
–IFRIC 14/IAS 19: The Limit on a Defined Benefit Asset, Minimum Funding Requirements and
their Interaction
New or revised standards not applied
The following new or amended accounting standards already approved by the IASB were not
applied in the Consolidated Financial Statements for the 2009 fiscal year because their applica-
tion was not yet mandatory:
Standard/
Interpretation Mandatory- effective 1)
Endorsed
by EU 2) Effects
IFRS 1 First-time Adoption of International
Financial Reporting Standards Jan. 1, 2010 Yes None
IFRS 1 Further exceptions for first-time
adoption Jan. 1, 2010 No None
IFRS 1 /
IFRS 5 Improvements 2008 Jan. 1, 2010 Yes None
IFRS 2 Share-based Payment Jan. 1, 2010 No None
IFRS 3 /
IAS 27 Business Combinations / Consolidated and Separate Financial Statements Jan. 1, 2010 Yes Changed presentation of corporate mergers
IFRS 9 Financial Instruments: Classification
and Measurement Jan. 1, 2013 No
Changed classification
and measurement of
financial instruments
IAS 24 Related Party Disclosures Jan. 1, 2011 No No significant changes
IAS 32 Classification of Rights Issues Jan. 1, 2011 Yes None
IAS 39 Exposures Qualifying for Hedge
Accounting Jan. 1, 2010 No None
Improvements 2009 3) Jan. 1, 2010 No No significant changes
IFRIC 12 Service Concession Arrangements Jan. 1, 2010 Yes None
IFRIC 14 IAS 19 – The Limit on a Defined Benefit
Asset – Changes Jan. 1, 2011 No None
IFRIC 15 Agreements for the Construction of
Real Estate Jan. 1, 2010 Yes None
IFRIC 16 Hedges of a Net Investment in a
Foreign Operation Jan. 1, 2010 Yes None
IFRIC 17 Distributions of Non-cash Assets to
Owners Jan. 1, 2010 Yes None
IFRIC 18 Transfers of Assets from Customers Jan. 1, 2010 Yes None
IFRIC 19 Extinguishing Financial Liabilities with
Equity Instruments Jan. 1, 2010 No None
1) Mandatory first-time application from AUDI AG’s perspective
2) By December 31, 2009
3) Minor amendments to various standards (IFRS 2, IFRS 5, IFRS 8, IAS 1, IAS 7, IAS 17, IAS 18, IAS 36, IAS 38, IAS 39,
IFRIC 9, IFRIC 16) and resulting changes