Audi 2013 Annual Report Download - page 281

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
ADDITIONAL DISCLOSURES
CONSOLIDATED FINANCIAL STATEMENTS
278
B
48 / AUDITOR’S FEES
EUR thousand 2013 2012
Auditing of the financial statements 770 900
Other assurance services 305 252
Tax consultancy services 4 7
Other services 371 –
Auditor’s fees 1,450 1,158
Based on the requirements of commercial law, the auditor’s fees
include auditing of the Consolidated Financial Statements and
auditing of the annual financial statements of the domestic
consolidated companies.
49 / SEGMENT REPORTING
The segmentation of business activities is based on the internal
management of the Company pursuant to IFRS 8. The decision-
making body for both segments with regard to the allocation
of resources and the valuation of profitability is the full Board
of Management.
The Audi Group focuses its economic activities on the Automo-
tive and Motorcycles segments, both of which are subject to
reporting requirements. Whilst the Motorcycles segment can be
considered to be immaterial pursuant to IFRS 8, it is reported
here as a segment in its own right for information purposes.
The activities of the Automotive segment encompass the devel-
opment, production, assembly and distribution of vehicles of
the Audi and Lamborghini brands, and vehicles of other brands
in the Volkswagen Group.
The activities of the new Motorcycles segment, created with
the first-time consolidation of the Ducati Group in the 2012
fiscal year, include the development, production, assembly and
distribution of Ducati brand motorcycles, including accessories
and spare parts.
As a general rule, the segment reporting is based on the same
reporting, accounting and measurement methods as applied
to the Consolidated Financial Statements. Business relations
between the companies of the segments in the Audi Group are
generally based on the same prices as those agreed with third
parties. Consolidation between the segments is carried out in the
Reconciliation column. The central performance and manage-
ment key figures for the two segments Automotive and Motor-
cycles are “Operating profit” and “Operating return on sales.”
Internal reporting corresponds to external IFRS reporting. The
full Board of Management regularly monitors, among others,
the following financial and economic key figures:
49.1 / REPORTING SEGMENTS
EUR million 2013
Automotive Motorcycles Reconciliation Audi Group
Revenue with third parties 49,310 570 – 49,880
Revenue with other segments – 3 –3 –
Revenue 49,310 573 –3 49,880
Depreciation –2,012 –58 – –2,070
Impairment losses –1 0 – –1
Reversal of impairment losses – – – –
Segment profit (operating profit) 4,997 33 – 5,030
Result from investments accounted for using the equity method 454 – – 454
Net interest and other financial results –161 –1 – –161
Investments accounted for using the equity method 3,678 – – 3,678
Investments in property, plant and equipment and intangible assets 3,544 50 – 3,593