Audi 2010 Annual Report Download - page 136

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134
Consolidated companies
Volkswagen AG, Wolfsburg, is the major shareholder of AUDI AG and controls around 99.55 percent
of the share capital. Volkswagen AG includes the Consolidated Financial Statements of the Audi
Group in its own Consolidated Financial Statements. Control and profit transfer agreements
exist both between Volkswagen AG and AUDI AG, and between AUDI AG and its principal German
subsidiaries.
The following companies were consolidated within the Audi Group during the course of 2010:
Audi (China) Enterprise Management Co. Ltd., Beijing (China), Audi Zentrum Leipzig GmbH, Leipzig,
Audi Zentrum Stuttgart GmbH, Stuttgart, and Audi Zentrum Frankfurt GmbH, Frankfurt. In order
to satisfy the requirements of IAS 27.13, Sentence 2 (c), Automobili Lamborghini America, LLC,
Wilmington, Delaware (United States) was added to the group of consolidated companies. Further
additions were STAR DESIGN S.R.L., Turin (Italy), Italdesign Giugiaro S.p.A., Turin (Italy) and
Audi Japan Sales K.K., Tokyo (Japan). The first-time inclusion of these subsidiaries had no overall
material effect on the presentation of the situation of the Company.
The Audi Group furthermore acquired 100 percent of the shares in AUDI BRUSSELS S.A./N.V.,
Brussels (Belgium), which had already previously been consolidated within the Audi Group in
accordance with IAS 27.13, Sentence 2 (c), from Volkswagen AG.
FULLY CONSOLIDATED COMPANIES WITHIN THE AUDI GROUP
•Automobili Lamborghini S.p.A.
•Automobili Lamborghini America, LLC
•Lamborghini ArtiMarca S.p.A.
•MML S.p.A.
•STAR DESIGN S.R.L.
Italdesign Giugiaro S.p.A.
•VOLKSWAGEN GROUP ITALIA S.P.A.
VOLKSWAGEN GROUP FIRENZE S.P.A.
AUDI HUNGARIA
MOTOR Kft.
Automobili
Lamborghini
Holding S.p.A. quattro GmbH Other
companies
AUDI AG
AUDI BRUSSELS
S.A./N.V.
•Audi Australia PtyLtd.
•Audi Brasil Distribuidora de Veículos Ltda.
•Audi Canada Inc.
•Audi (China) Enterprise Management Co. Ltd.
•Audi Japan K.K.
Audi Japan Sales K.K.
•Audi of America, LLC
•Audi Retail GmbH
Audi Zentrum Berlin GmbH
Audi Zentrum Frankfurt GmbH
Audi Zentrum Hamburg GmbH
Audi Zentrum Hannover GmbH
Audi Zentrum Leipzig GmbH
Audi Zentrum Stuttgart GmbH
•Audi Vertriebsbetreuungsgesellschaft mbH
•Audi Volkswagen Korea Ltd.
•Audi Volkswagen Middle East FZE
STRATEGY
Audi: the number one premium brand
The debate on climate change, the future availability of fossil fuels and social megatrends such
as increasing urbanization are presenting new issues of interest to customers.
In the light of these changes, the Audi Group placed its core brand Audi on a more future-proof
footing in the past fiscal year through Strategy 2020. With its vision of “Audi: the number one
premium brand,” it has set itself the goal of taking on the lead role in the premium segment
worldwide.
The goals of Strategy 2020 focus on lasting corporate success, underpinned by sustainable actions.
The Audi Group therefore regards it as a self-evident aspect of corporate responsibility that it takes
account of the issues of ecology and social responsibility when defining the strategic direction of
its core business (cf. “Social and ecological aspects,” p. 159 ff.).