Key R&D figures
The Automotive Division’s total research and development costs were up 11.7% year-on-year in the reporting period. Alongside new models, the main focus was on the electrification of our vehicle portfolio, an efficient range of engines and lightweight construction; the proportion accounted for by alternative drive technologies increased again. The capitalization ratio rose to 35.1% (34.2%). Research and development costs recognized in the income statement in accordance with IFRSs increased to €11.5 billion (€10.2 billion). This meant that their ratio to sales revenue in the Automotive Division amounted to 6.5% (5.8%).
On December 31, 2014, the Research and Development function – including the equity-accounted Chinese joint ventures – employed 45,742 people Group-wide (+4.5%), corresponding to 7.7% of the total headcount.
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RESEARCH AND DEVELOPMENT COSTS IN THE AUTOMOTIVE DIVISION |
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€ million |
2014 |
2013 |
2012 |
2011 |
2010 | |||||
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Total research and development costs |
13,120 |
11,743 |
9,515 |
7,203 |
6,257 |
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of which capitalized development costs |
4,601 |
4,021 |
2,615 |
1,666 |
1,667 |
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Capitalization ratio in % |
35.1 |
34.2 |
27.5 |
23.1 |
26.6 |
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Amortization of capitalized development costs |
3,026 |
2,464 |
1,951 |
1,697 |
2,276 |
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Research and development costs recognized in the income statement |
11,545 |
10,186 |
8,851 |
7,234 |
6,866 |