Volkswagen and Mercedes Benz Essay Example | Topics and Well Written Essays - 2000 words

Volkswagen and Mercedes Benz - Essay ExampleFor the third quarter the partnership posted net profit of 7.146 billion which is three times higher than the profit figure in the same quarter of the last year. The astounding alliance results are attributed to its investment in new products, manufacturing operations in the emerging markets like China. The company plans to invest heavily in developing markets simultaneously consolidating its beat in developed regions such as Europe and Americas. (IHS global 2011) The following table represents year quick-scented consolidated income statement of the company. Figures in Millions of Euros Items declination 31, 2007 fall 31, 2008 Dec 31, 2009 Dec 31, 2010 core Revenues 108,897.0 113,808.0 105,187.0 126,875.0 Cost of Goods sell 83,593.0 87,862.0 81,899.0 94,050.0 Gross Profit 16,399.0 16,250.0 12,733.0 20,742.0 Operating Expenses, wide 10,142.0 11,431.0 12,648.0 13,868.0 Operating Income 6,257.0 4,819.0 85.0 6,874.0 Net Interest Expense 413.0 344.0 -781.0 -626.0 EBT, Excluding Unusual Items 7,665.0 6,688.0 863.0 7,956.0 Income tax Expense 2,421.0 1,920.0 349.0 1,767.0 Net Income 4,120.0 4,753.0 960.0 6,835.0 bloodline http//investing.businessweek.com/research/stocks/financials/financials.asp?ticker=VOWGR Balance Sheet of Volkswagen Figures in Millions of Euros Assets Dec 31, 2007 Dec 31, 2008 Dec 31, 2009 Dec 31, 2010 Total Cash And Short Term Investments 15,638.0 11,394.0 21,890.0 22,794.0 Total Receivables 8,902.0 11,372.0 10,871.0 12,811.0 Total authorized Assets 68,516.0 76,163.0 77,776.0 85,936.0 Plant And Equipment 25,689.0 30,030.0 31,745.0 34,550.0 Total Assets 145,357.0 167,919.0 177,178.0 199,393.0 Figures in Millions of Euros Liabilities Dec 31, 2007 Dec 31, 2008 Dec 31, 2009 Dec 31, 2010 Accounts Payable 8,202.0 9,085.0 9,734.0 11,628.0 Other topical Liabilities, Total 14,620.0 15,330.0 14,911.0 17,043.0 Total Current Liabilities 56,068.0 64,802.0 69,534.0 76,899.0 Long-Term Debt 3,645.0 2,240.0 9, 272.0 8,989.0 Pension & Other Post-Retirement Benefits 12,481.0 12,829.0 13,793.0 15,265.0 Deferred Tax Liability Non-Current 2,637.0 3,654.0 2,224.0 1,669.0 Other Non-Current Liabilities 12,775.0 15,863.0 17,061.0 19,522.0 Total Liabilities 113,419.0 130,531.0 139,748.0 150,681.0 Total Common Equity 31,875.0 35,011.0 35,281.0 45,978.0 Total Liabilities & Equity 145,357.0 167,919.0 177,178.0 199,393.0 Source http//investing.businessweek.com/research/stocks/financials/financials.asp?ticker=VOWGR&dataset=balanceSheet& plosive consonant=A¤cy=native Cash Flow Statement (Figures in Millions of Euros) Details Dec 31, 2007 Dec 31, 2008 Dec 31, 2009 Dec 31, 2010 Net Income 4,120.0 4,753.0 960.0 6,835.0 Depreciation & Amortization, Total 6,427.0 6,738.0 4,900.0 5,058.0 Cash From Operations 15,662.0 2,702.0 12,741.0 11,455.0 Cash From Investing -15,812.0 -11,183.0 -9,675.0 -11,048.0 Total Debt Issued 9,609.0 17,477.0 16,998.0 7,910.0 Total Debt Repaid -8,524.0 -8,485.0 -10,225.0 -12,069 .0 Total Dividend Paid -497.0 -720.0 -779.0 -755.0 Cash From Financing 787.0 8,123.0 5,536.0 -852.0 Net Change in Cash 547.0 -471.0 8,792.0 -8.0 Source http//investing.businessweek.com/research/stocks/financials/financials.asp?ticker=VOWGR&dataset=cashFlow&period=A¤cy=native Financial Analysis It go away be interesting to analyze the companys financials from stakeholders point of view as the companys progress in last few years has been exemplary and how the stakeholders can see the cardinal