Stuttgart, 13 March 2013. The executive board and the supervisory board of Porsche Automobil Holding SE (Porsche SE), Stuttgart, do propose to the annual general meeting in Leipzig on 30 April 2013 to increase the dividend to 2.010 euro per preference share (prior year: 0.760 euro) and to 2.004 euro per ordinary share (prior year: 0.754 euro). A total of around 614,643 750 euro of Porsche SE's net profit available for distribution in the fiscal year 2012 of 744,180,474 euro is to be distributed.
Porsche SE reported profit after tax of 7.829 billion euro for the fiscal year 2012 (prior year: 0.059 billion euro). This profit is decisively influenced by the contribution of the holding business operations of Porsche SE to Volkswagen AG, from which the company received a cash inflow of 4.49 billion euro. Following repayment of all liabilities to banks, the net liquidity of Porsche SE as of 31 December 2012 was 2.562 billion euro (prior year: minus 1.520 billion euro).
Porsche SE expects a profit in the low single digit billion euro range for the fiscal year 2013.
Porsche Automobil Holding SE, Stuttgart, (Porsche SE, WKN: PAH003) is an investment holding company. The holding was established in 2007 for the management of its shareholdings in the Porsche operating business (Dr. Ing. h.c. F. Porsche Aktiengesellschaft) and in Volkswagen Aktiengesellschaft. In connection with the creation of the Integrated Automotive Group of Volkswagen and Porsche, the Porsche operating business was transferred to Volkswagen Aktiengesellschaft in two stages (2009 and 2012).
Today, Porsche SE is the majority shareholder in ordinary share capital of Volkswagen Aktiengesellschaft and is therefore an anchor investor in the Wolfsburg-based automotive group. Porsche SE plans further strategic investments with focus along the automotive value chain.