Volkswagen AG Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	36,874	24,100	28,698	23,035	25,491	24,222
Short-Term Investments	24,460	23,099	22,211	32,868	17,674	17,504
Cash & Short-Term Investments	61,334	47,199	50,909	55,903	43,165	41,726
Cash Growth	24.36%	-7.29%	-8.93%	29.51%	3.45%	25.58%
Accounts Receivable	21,772	21,130	21,849	18,534	15,521	16,243
Other Receivables	33,353	12,255	10,448	9,545	9,091	8,567
Receivables	55,125	42,785	41,269	34,922	30,786	31,231
Inventory	59,849	50,576	48,692	48,768	40,362	39,055
Finance Div. Loans and Leases	67,620	68,855	66,381	61,549	56,498	58,006
Finance Div. Other Current Assets	4,216	26,567	24,324	14,619	22,453	18,113
Other Current Assets	-1	9,249	8,069	8,398	7,083	6,813
Total Current Assets	248,143	245,231	239,644	224,159	200,347	194,944
Property, Plant & Equipment	149,906	70,611	66,295	64,187	65,000	64,319
Long-Term Investments	-	16,000	16,670	16,157	15,531	11,945
Other Intangible Assets	90,442	92,804	88,504	82,847	77,290	67,781
Finance Div. Loans and Leases Long-Term	100,062	101,087	94,474	86,944	84,954	82,565
Long-Term Deferred Tax Assets	-	16,581	14,251	12,929	13,393	13,486
Other Long-Term Assets	50,227	9,224	9,326	12,059	8,763	8,069
Total Assets	638,780	632,905	600,649	564,013	528,609	497,114
Accounts Payable	32,417	26,220	26,837	26,107	20,977	19,540
Accrued Expenses	-	17,213	17,762	17,349	15,288	13,402
Finance Div. Debt Current	-	117,020	110,476	83,448	78,584	88,648
Finance Div. Other Current Liabilities	-	3,552	4,090	2,631	2,647	3,137
Current Income Taxes Payable	-	724	556	726	614	340
Current Unearned Revenue	-	11,352	10,447	9,580	8,654	7,483
Other Current Liabilities	70,655	40,958	35,868	42,882	37,629	32,860
Total Current Liabilities	226,469	217,039	206,036	182,723	164,393	165,410
Long-Term Debt	128,139	25,174	18,046	21,871	24,640	15,636
Finance Div. Debt Long-Term	-	111,887	104,277	99,866	106,978	99,173
Finance Div. Other Long-Term Liabilities	388	453	498	449	781	874
Long-Term Unearned Revenue	-	7,684	7,001	6,301	5,792	5,541
Pension & Post-Retirement Benefits	23,230	27,149	29,174	27,104	40,769	44,207
Long-Term Deferred Tax Liabilities	-	10,900	9,781	10,736	5,131	4,890
Other Long-Term Liabilities	57,114	35,888	36,650	36,635	33,971	32,600
Total Liabilities	441,075	436,174	411,463	385,685	382,455	368,331
Common Stock	1,283	1,283	1,283	1,283	1,283	1,283
Additional Paid-In Capital	14,551	14,551	14,551	14,551	14,551	14,551
Retained Earnings	157,741	155,130	147,104	137,272	117,342	100,772
Comprehensive Income & Other	9,715	11,330	12,030	12,270	11,273	10,443
Total Common Equity	183,290	182,294	174,968	165,376	144,449	127,049
Minority Interest	14,415	14,437	14,218	12,952	1,705	1,734
Shareholders' Equity	197,705	196,731	189,186	178,328	146,154	128,783
Total Liabilities & Equity	638,780	632,905	600,649	564,013	528,609	497,114
Total Debt	257,271	254,081	232,799	205,185	210,202	203,457
Net Cash (Debt)	-195,937	-206,882	-181,890	-149,282	-167,037	-161,731
Net Cash Per Share	-390.86	-412.69	-362.84	-297.79	-333.21	-322.63
Filing Date Shares Outstanding	501.3	501.3	501.3	501.3	501.3	501.3
Total Common Shares Outstanding	501.3	501.3	501.3	501.3	501.3	501.3
Working Capital	21,674	28,192	33,608	41,436	35,954	29,534
Book Value Per Share	337.31	335.94	318.80	301.73	259.35	222.10
Tangible Book Value	92,848	88,961	85,859	82,135	66,760	59,081
Tangible Book Value Per Share	156.89	149.75	141.04	135.68	104.37	86.51

Source: S&P Global Market Intelligence. Standard template. Financial Sources.