Porsche 2006 Annual Report Download - page 171

Download and view the complete annual report

Please find page 171 of the 2006 Porsche annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 190

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190

169
An amount of T€ 87,590 was reclassified in the fiscal year from the reserve for cash flow hedges to the
income statement (previous year: T€ 155,266). The gain on the disposal of available-for-sale securities
totaled T€ 15,233 (previous year: T€ 10,955), while the loss on the disposal came to T€ 0 (previous year:
T€ 2,477).
Nominal volume of derivative financial instruments:
Nominal Due within Due within Due within
volume one year one to more than
five years five years
T€ T€ T€ T€
July 31, 2007
Currency hedge 12,198,361 2,584,401 8,899,674 714,286
thereof purchase of foreign currencies 174,595 89,980 84,615 –
thereof sale of foreign currencies 12,023,766 2,494,421 8,815,059 714,286
Interest hedge 1,091,319 54,313 687,006 350,000
Stock options 10,553,364 10,553,364 – –
23,843,044 13,192,078 9,586,680 1,064,286
Currency hedge 1,357,879 1,287,065 70,814 –
thereof purchase of foreign currencies 718,647 718,647 – –
thereof sale of foreign currencies 639,232 568,418 70,814 –
Interest hedge 902,830 – 592,770 310,060
Stock options 13,473,485 13,473,485 – –
15,734,194 14,760,550 663,584 310,060
Assets
Equity and
liabilities
(33) Contingent liabilities
July 31, 2007 July 31, 2006
T€ T€
Guarantees 78 12,966
Warranties 27,040 27,043
Collateral for third-party liabilities 93,743 58,070
As a partner of Venture Capital Beteiligung GbR, Porsche AG is liable as provided for by law.