COST CENTRE CONTROLLING DASHBOARD
Volkswagen Group
FY 2023 Analysis
FY 2023 Analysis
Budget vs Actual · Variance Analysis · Cost Centre Breakdown
Total Revenue
322.3€B
▲ +15.6% vs PY
Total Cost Basis
256.4€B
▲ +4.2% vs Budget
EBIT
22.6€B
▲ EBIT Margin 7.8%
Cost/Revenue Ratio
79.6%
▲ +0.8pp vs Budget
Budget vs Actual — Monthly 2023
Total cost base in € billions per quarter
Q3 overrun (+€3.4B): driven by increased raw material costs and supply chain disruptions in the semiconductor segment. R&D ramp-up for EV platform contributed €1.1B additional spend.
Cost Structure Mix
By category, FY 2023
Cost Centre Variance Analysis
Budget vs Actual vs Prior Year — FY 2023 (€ millions)
All
Over Budget
Under Budget
| Cost Centre | Budget €M | Actual €M | Variance €M | Var % | vs PY | Status |
|---|
Cost Centre Budget Utilisation
Actual spend as % of approved budget
Top Overruns
Absolute variance €M
3-Year Cost Trend — Budget vs Actual
Annual total costs in € billions, 2021–2023
Insight: Cost base grew 18.4% over 3 years driven by EV transition investments, while revenue grew 22.1% — indicating improving operational leverage. R&D costs alone increased from €15.1B (2021) to €17.2B (2023), reflecting the MEB/PPE platform rollout strategy.