Audi 2012 Annual Report Download - page 255

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The changes in the Balance Sheet items that are presented in the Cash Flow Statement cannot
be derived directly from the Balance Sheet because the effects of currency translation and of
changes in the group of consolidated companies do not affect cash and are segregated.
EUR million Dec. 31, 2012 Dec. 31, 2011
Cash and cash equivalents as per Balance Sheet 11,170 8,513
Currently due fixed deposits with an investment period > 3 months – 6,889 – 3,838
Cash and cash equivalents as per Cash Flow Statement (bank assets and
cash deposits with maturities of no more than three months) 4,281 4,675
Only the short-term fixed deposits whose original investment term is less than three months are
included in the cash and cash equivalents of the Cash Flow Statement.
The figures for cash and cash equivalents include cash pool receivables in the amount of
EUR 3,752 (3,848) million.
39 Contingencies
Contingencies are unrecognized contingent liabilities whose amount corresponds to the maximum
possible use as of the balance sheet date.
EUR million Dec. 31, 2012 Dec. 31, 2011
Liabilities from guarantees 139 61
Furnishing of collateral for outside liabilities 75 70
Total 214 131
40 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 arbitrational
proceedings.
41 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 structure
of any party to the contract.
The main 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.
42 Other financial obligations
EUR million Due Dec. 31, 2012 Due Dec. 31, 2011
Within
1 year
1 to
5 years
Over
5 years Total
Over
1 year Total
Ordering commitments for
property, plant and equipment 1,276 419 –1,695 365 1,511
intangible assets 231 78 –309 45 210
Commitments from long-term
rental and lease agreements 74 187 115 376 375 442
Miscellaneous financial obligations 395 199 28 622 390 781
Total 1,976 883 143 3,002 1,175 2,944
Supply contracts are in place for series production material. Binding orders are placed and con-
tracts are activated for the material as such material is needed on the basis of the detailed pro-
duction and sales schedule.