Porsche 2012 Annual Report Download - page 13

Porsche SE is also looking back on a very successful fiscal year 2012. Overall, the company
achieved a profit after tax of 7.8 billion euro at group level. In this context, Porsche SE particularly
benefited from the profit from its investment accounted for at equity in Volkswagen AG, as well as
from a non-recurring positive effect on earnings from the contribution of its holding business opera-
tions to Volkswagen AG. Moreover, Porsche SE significantly improved its financial results, in partic-
ular by repaying its liabilities to banks in full.
And you, our shareholders, should also benefit from the positive development of the company.
This is why the dividend proposed for distribution for the fiscal year 2012 is higher than in the
prior year. Executive board and supervisory board propose to the annual general meeting that a
dividend of 2.010 euro per share be distributed to the holders of preference shares and a dividend
of 2.004 euro per share to the holders of ordinary shares.
In addition, Porsche SE has very promising growth prospects. We intend to use the major
portion of our net liquidity to acquire investments, focusing along the automotive value chain. We
are currently analyzing and examining suitable investments. At the same time, we want to further
enhance our internal competencies and bring select, highly qualified new employees on board. Our
network of experts is also a key factor for a successful investment strategy. Specifically, we have
excellent links to industry, banks and consultants, helping us secure decisive expertise.
As you see, we are wholeheartedly focusing our efforts on continuing Porsche SE’s success
path. And we continue to count on your trust and support.
Prof. Dr. Martin Winterkorn
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