Audi 2011 Annual Report Download - page 162

159
Management Report
134 Audi Group
143 Business and underlying
situation
143 Economic environment
145 Research and development
151 Procurement
151 Production
153 Deliveries and distribution
159 Financial performance
indicators
159 Financial performance
161 Net worth
162 Financial position
162 Social and ecological aspects
175 Risks, opportunities
and outlook
187 Disclaimer
Three special editions of the Lamborghini Gallardo also appeared during the past fiscal year. The
Gallardo LP 570-4 Super Trofeo Stradale, which is inspired by the racing cars of the Lamborghini
Blancpain Super Trofeo championship, is available in a limited edition of 150. The advanced
lightweight design of the Gallardo car line’s new top model is based on a combination of carbon
fiber and aluminum. The Lamborghini Gallardo LP 560-4 Bicolore, another limited edition, is
especially notable for its exclusive two-color paint finish. The “Esperienza Italia 150” exhibition
showcased the Gallardo LP 550-2 Tricolore, which sports a longitudinal stripe in green, white
and red – the colors of the Italian flag. In creating this special edition, the Lamborghini brand is
specifically highlighting its Italian heritage.
Towards the end of the year the Lamborghini brand also unveiled the Gallardo LP 550-2 Spyder,
adding a further model to its range of open-top supercars.
A total of 1,602 (1,302) vehicles of the Lamborghini brand were delivered to customers in
fiscal 2011.
Other Volkswagen Group brands
In the period under review, 207,753 (199,740) vehicles of other Volkswagen Group brands were
delivered to customers by the sales companies VOLKSWAGEN GROUP ITALIA S.P.A., Verona (Italy),
Audi Volkswagen Korea Ltd., Seoul (South Korea), Audi Volkswagen Middle East FZE, Dubai (United
Arab Emirates), and AUDI SINGAPORE PTE. LTD., Singapore (Singapore).
FINANCIAL PERFORMANCE INDICATORS
FINANCIAL PERFORMANCE
The Audi Group increased its revenue to a new record total of EUR 44,096 (35,441) million in
fiscal 2011. This steep revenue growth of 24.4 percent was achieved mainly through increased
vehicle sales.
Sales of cars of the Audi brand brought the Company revenue amounting to EUR 34,456 (27,423)
million in the past fiscal year – a rise of 25.6 percent. The A4 car line was once again the most
important source of revenue. In the first full year of production of the new Audi A1, the Company
posted a substantial rise in revenue from the compact car segment. Meanwhile, the successful
launch of the new generation of the Audi A6, full availability of the new A7 Sportback and lively
demand for the Audi A8 pushed up revenue from the full-size and luxury segment significantly.
A renewed rise in demand for the Q5 and Q7 SUV models also impacted the revenue trend posi-
tively. Overall, the disproportionately high rise in revenue compared to unit sales is attributable
to a higher-value model mix and to an improved country mix.
The Lamborghini brand also increased its revenue last year. In addition to models of the Audi and
Lamborghini brands, the Audi Group sells vehicles of the Bentley, SEAT, Škoda, VW Passenger Car
and VW Commercial Vehicle brands through the sales subsidiaries VOLKSWAGEN GROUP ITALIA
S.P.A., Verona (Italy), Audi Volkswagen Korea Ltd., Seoul (South Korea), Audi Volkswagen Middle
East FZE, Dubai (United Arab Emirates) and AUDI SINGAPORE PTE. LTD., Singapore (Singapore).
Increased demand brought higher revenue from the trading of these brands.