Total research and development costs for 2011 in the Automotive Division increased by 15.1% year-on-year. Alongside new models, the main focus was on the electrification of our vehicle portfolio and increasing the efficiency of our range of engines, among other things. The capitalization ratio was 23.1% (26.6%). Research and development costs recognized in the income statement in accordance with IFRS s in the Automotive Division increased to €7.2 billion (€6.9 billion), reducing their ratio to sales revenue to 5.1% (6.1%) due to the considerable sales revenue growth.
At the end of fiscal year 2011, the Research and Development function employed 34,749 people Group-wide (+26.8%), corresponding to 6.9% of the total headcount. This figure also includes staff at the joint venture companies in China that are accounted for using the equity method.
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RESEARCH AND DEVELOPMENT COSTS IN THE AUTOMOTIVE DIVISION |
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|---|---|---|---|---|---|---|---|---|---|---|
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€ million |
2011 |
2010 |
2009 |
2008 |
2007 | |||||
|
Total research and |
7,203 |
6,257 |
5,790 |
5,926 |
4,923 | |||||
|
of which capitalized development costs |
1,666 |
1,667 |
1,947 |
2,216 |
1,446 | |||||
|
Capitalization ratio in % |
23.1 |
26.6 |
33.6 |
37.4 |
29.4 | |||||
|
Amortization of capitalized development costs |
1,697 |
2,276 |
1,586 |
1,392 |
1,843 | |||||
|
Research and development costs recognized in the income statement |
7,234 |
6,866 |
5,429 |
5,102 |
5,320 | |||||
