Porsche 2010 Annual Report Download - page 66
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Research and development costs
In the short fiscal year 2010, research costs
and non-capitalized development costs in the Porsche
Zwischenholding GmbH group came to 100 million
euro (prior fiscal year 2009/ 10: 189 million euro).
Development costs totaling 175 million euro were
capitalized (fiscal year 2009/ 10: 400 million euro).
The capitalization rate, which was 68 percent in the
fiscal year 2009/ 10, was 64 percent in the reporting
year.
In the period from 1 July 2010 to 31 Decem-
ber, research costs and non-capitalized development
costs in the Volkswagen group totaled 2,352 million
euro; in the period from 1 July to 31 December 2010,
they came to 1,722 million euro. Development costs
totaling 821 million euro were capitalized (compara-
tive period: 1,013 million euro). The capitalization
rate from the Volkswagen group was 37.0 percent in
the period from 1 July to 31 December 2009; and in
the period from 1 July to 31 December 2010, it was
25.9 percent.
Industrial property rights and licenses
The volume of patent applications for innova-
tions and designs in the Porsche Zwischenholding
GmbH group remained at a high level. These mainly
related to vehicle projects relating to hybrid technol-
ogy and electromobility. When it comes to patent
applications outside Germany, the focus remains
firmly on Asia, in particular China, Japan and South
Korea. The licensing business has also developed
positively, and royalties remain high.
The Volkswagen group also obtained many
patents in Germany and abroad during the reporting
period. The majority of these innovations related to
driver assistance systems and infotainment topics as
well as to hybrid and bodywork technology. The large
number and the technological quality of the applica-
tions showed once again that the employees of the
Volkswagen group have exceptional innovative
strength.
Group management report64