1、JANUARY JUNE 2025HALF-YEARLY FINANCIAL REPORT1 1 2 3 3 16 18 30 Updated InformationKey FiguresKey FactsInterim GroupManagement ReportBusiness DevelopmentVolkswagen SharesResults of Operations,Financial Position and Net AssetsOutlook32 Brand Groups andBusiness Fields36 Interim Consolidated 36 3740 41
2、 42 43 66 Financial Statement(Condensed)Income StatementStatement of Comprehensive Income Balance SheetStatement of Changes in Equity Cash Flow StatementNotesResponsibility StatementReview ReportThe consolidated financial statements of Volkswagen Aktiengesellschaft were prepared in accordance with I
3、FRS Accounting Standards adopted by the European Union.Moreover,requirements of German commercial law pursuant to German Commercial Code(Handelsgesetzbuch,HGB)as well as the German Corporate Governance Code have been complied.Unless otherwise specified,this is the basis for the analysis of financial
4、 information.All figures shown are rounded in accordance with standard commercial practice,so minor discrepancies may arise from addition of these amounts;the same applies to the calculation of percentages.Unless stated otherwise,comparative prior-year figures are presented in parentheses next to th
5、e figures for the reporting period.This report contains forward-looking statements on the business development of the Volkswagen Group.These statements are based on assumptions relating to the development of the economic,political and legal environment in individual countries,economic regions and ma
6、rkets,and in particular for the automotive industry,which we have made on the basis of the information available to us and which we consider to be realistic at the time of going to press.Risks are associated with the estimates given,and actual developments may differ from those forecast.Any changes