Porsche 2009 Annual Report Download - page 69

Increase in capitalized development costs
In fiscal 2009/10, research costs and non-
capitalized development costs in the Porsche
Zwischenholding GmbH group came to 189 million
euro (prior year: 517 million euro). Development
costs totaling 400 million euro were capitalized com-
pared to 225 million euro in the prior year. The capi-
talization rate rose from 30 percent in the prior year
to 68 percent in the reporting year.
In the period from 1 January 2010 to 30 June
2010, research costs and non-capitalized develop-
ment costs in the Volkswagen group totaled 2,238
million euro; in the period from 1 July to
31 December 2010, they came to 1,722 million euro.
The capitalization rate for the Volkswagen group was
37.0 percent in the period from 1 July 2009 to
31 December 2009; and in the period from 1 January
2010 to 30 June 2010, it was 27.4 percent. In the
first half of 2009, research and non-capitalized devel-
opment costs in the Volkswagen group amounted to
2,121 million euro. The capitalization rate was 30.6
percent.
Industrial property rights and licenses
Through intensive support for development
projects, Porsche Zwischenholding GmbH again suc-
ceeded in increasing the volume of patent applica-
tions for innovations and designs. Vehicle projects
involving hybrid technology were one focus in this
area. Particular attention was also paid to the innova-
tions of the newly launched Cayenne. When it comes
to patent applications outside Germany, China has
become firmly established. Porsche also continues to
be actively involved in licensing business and royalties
remain high.
The Volkswagen group obtained many pat-
ents in Germany and abroad during the reporting pe-
riod. The majority of these innovations related to
driver assistance systems and infotainment topics as
well as to hybrid and bodywork technology. The high
volume and technological quality of the patent appli-
cations shows employees’ extensive innovative abili-
ties when it comes to having ideas
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