Porsche 2009 Annual Report Download - page 93
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Opportunities from potential synergies
The cooperation between the Porsche
Zwischenholding GmbH group and the Volkswagen
groups can lead to additional synergies for these sig-
nificant investments held by Porsche SE in future. The
two groups have been cooperating for ten years on
the Colorado project, in which a platform was devel-
oped for the Porsche Cayenne, the VW Touareg and
the Audi Q7. This project can serve as a model for
new cooperation projects. Potential synergies could
arise in the design of additional shared platforms and
in the field of new technologies as well as auto-
electrics and electronics. By avoiding duplicate in-
vestment, the annual depreciation charge of the Por-
sche Zwischenholding GmbH group and the Volks-
wagen group could be reduced, which could in turn
have a positive effect on the earnings contributions
attributable to Porsche SE. Moreover, the results of
operations of both groups and thereby the profit/loss
from investments accounted for at equity in the Por-
sche SE group can also be improved by combining
purchasing functions and sharing existing sales chan-
nels.
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