Cost of sales includes interest expenses of €2,402 million (previous year: €2,418 million) attributable to the financial services business. This item also includes impairment losses on intangible assets, property, plant and equipment, and leasing and rental assets in the amount of €736 million (previous year: €1,301 million). Impairment losses are based on updated impairment tests and reflect market and exchange rate risks in particular, as well as amended sales forecasts and reduced product life cycles.

Government grants related to income amounted to €225 million in the fiscal year (previous year: €216 million) and were generally allocated to the functions.

Compare Key Figures
Create your personal overview of important key figures.