Audi 2015 Annual Report Download - page 249

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
NOTES TO THE BALANCE SHEET
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EUR million 2014
FAW-Volkswagen
Automotive Company, Ltd.
Volkswagen
Group Services S.A./N.V.
Volkswagen Automatic
Transmission (Tianjin)
Company Limited
Net carrying amount as of Jan. 1 1) 5,986 10,320 236
Profit after tax 4,714 190 –65
Other comprehensive income after tax 757 –1 33
Change in capital –– 73
Dividends paid – 3,502 – –
Net carrying amount as of Dec. 31 7,956 10,508 277
Pro rata equity 796 3,152 107
Consolidation/Other –34 – –
Carrying amount of equity share 762 3,152 107
1) In the case of Volkswagen Automatic Transmission (Tianjin) Company Limited, the net carrying amount at acquisition in May 2014 is stated.
17.3 / DISCLOSURES ON THE RESULT
EUR million FAW-Volkswagen
Automotive Company, Ltd.
Volkswagen
Group Services S.A./N.V.
Volkswagen Automatic
Transmission (Tianjin) Company
Limited 1)
2015 2014 2015 2014 2015 2014
Revenue 40,462 42,812 43 34 60 4
Profit after tax 2) 4,705 4,714 180 190 – 155 –65
Other comprehensive income after tax 589 757 –1 –1 23 33
Total comprehensive income 5,294 5,471 178 188 –133 –32
Dividends received 542 350 300 – – –
1) In the case of Volkswagen Automatic Transmission (Tianjin) Company Limited, the figures apply to the period of time following acquisition in May 2014.
2) No operations were discontinued in the period under review.
As described under the general notes on the associated com-
panies, There Holding B.V. has not been consolidated taking
account of the pro rata profit as at the balance sheet date. The
information in the financial statements is based on the data
available at the time of the HERE Group being acquired. Con-
sequently, there are no disclosures on the result.
18 / DEFERRED TAX ASSETS
The temporary differences between the tax bases and the
carrying amounts in the Consolidated Financial Statements are
explained under “Deferred tax” in the “Recognition and meas-
urement principles,” and under Note 10, “Income tax expense.”
19 / OTHER FINANCIAL ASSETS
19.1 / NON-CURRENT OTHER FINANCIAL ASSETS
EUR million Dec. 31, 2015 Dec. 31, 2014
Positive fair values from derivative financial instruments 243 302
Fixed deposits and loans extended 310 261
Miscellaneous financial assets 26 26
Non-current other financial assets 580 590
The non-current fixed deposits and loans extended accrue
interest at rates of up to 4.5 (4.5) percent. Derivative financial
instruments are measured at market value. The total position
in relation to hedging instruments is presented under
Note 36.5, “Methods of monitoring the effectiveness of
hedging relationships.”