Vitesco Technologies Group AG — Financial Supplement Data 2022

Aug 10, 2022

VITESCO

TECHNOLOGIES

in € mn	Q1 2021*	Q2 2021*	Q3 2021	Q4 2021	FY 2021	Q1 2022	Q2 2022	Q3 2022	Q4 2022	FY 2022
Sales VT Group(%) growth p/p	2.302,08.8%	2.094,981,8%	1.913,8-13,0%	2.037,8-15,6%	8.348,54,0%	2.258,6-1,9%	2.165,03,3%
For comparison: Global Light Vehicle Production† (mn units)(%) growth p/p	20,6615,8%	18,7548,3%	16,62-18,1%	21,17-10,2%	77,203,5%	19,74-4,5%	18,760,0%
Sales Electrification Technology(%) growth p/p	165,286,2%	147,2168,1%	128,9-2,6%	145,88,0%	587,144,6%	161,7-2,1%	147,0-2,1%
Sales Electronic Controls(%) growth p/p	984,43,7%	888,953,5%	806,8-18,1%	855,8-23,0%	3.535,9-2,8%	946,3-3,9%	922,23,7%
Thereof Core Technologies(%) growth p/p	602,21,0%	547,742,1%	503,0-22,5%	553,5-18,7%	2.206,4-4,8%	604,8-0,4%	621,513,5%
Sales Sensing & Actuation(%) growth p/p	876,511,5%	807,967,2%	746,7-3,7%	786,1-8,6%	3.217,210,3%	885,91,1%	844,44,5%
Thereof Core Technologies(%) growth p/p	674,012,4%	625,161,8%	603,22,8%	632,3-4,9%	2.534,713,3%	713,15,6%	673,37,7%
Sales Contract Manufacturing(%) growth p/p	285,7-24%	260,440,2%	241,0-20,8%	262,9-16,0%	1.050,0-4,6%	278,9-2,4%	270,03,7%
Adjusted EBIT VT Group(%) margin	17,107,1	64,73,7%	22,8-3,7%	41,6-1,2%	148,62,0%	45,21,8%	32,91,6%
Adjusted EBIT Electrification Technology(%) margin	-73,3-44,4%	-66,1-44,8%	-69,2-53,7%	-64,4-44,2%	-273,0-48,5%	-68,1-42,1%	-69,7-47,4%
Adjusted EBIT Electronic Controls(%) margin	1,80,7	55,73,8%	29,43,6%	35,94,2%	117,23,3%	22,02,5%	18,72,1%
Thereof Core Technologies(%) margin	-2,2-0,4%	41,37,7%	20,64,1%	62,111,2%	121,25,5%	12,42,1%	7,21,2%
Adjusted EBIT Sensing & Actuation(%) margin	67,17,7%	71,28,9%	52,57,0%	75,48,6%	269,28,4%	84,38,5%	84,110,0%
Thereof Core Technologies(%) margin	62,58,3%	84,913,6%	58,38,7%	60,08,5%	265,710,5%	93,413,1%	89,913,4%
Adjusted EBIT Contract Manufacturing(%) margin	20,87,3%	12,14,8%	10,44,3%	-0,6-0,2%	42,74,1%	9,23,3%	6,23,0%
Research & Development Expenses (net)(%) margin	197,48,6%	187,48,6%	170,08,8%	137,98,6%	692,78,5%	179,48,5%	188,58,5%
Depreciation & Amortization(%) margin	156,86,8%	147,47,0%	155,98,1%	24,31,2%	484,45,8%	134,96,5%	141,56,5%
Depreciation & Free Cash Flow VT Group(%) of sales	9,842,6%	8,629,8%	8,84-63,4%	6,84-87,5%	7,8463,1%	131,6%12%	47,4%0,1%
Net Result(%) margin	-31,7-1,4%	0,20,0%	-91,5-4,8%	1,00,2%	-122,0-1,5%	-11,3-2,5%	36,71,7%
Operating Cash Flow VT Group(%) of sales	240,810,5%	105,03,3%	-134,7-7,0%	207,710,2%	418,95,0%	108,24,8%	105,24,8%
Capex VT Group(%) of sales	44,31,8%	101,7-4,6%	118,2-6,2%	171,18,7%	441,35,9%	52,12,3%	112,55,2%
Free Cash Flow VT Group(%) of sales	239,110,4%	65,73,1%	-213,2-11,1%	21,71,1%	113,31,4%	48,22,1%	1,60,1%
Balance Sheet Total	8.248,4	8.289,6	7.123,2	7.408,1	7.408,1	7.001,0	7.802,6
Equity Ratio	33,8%	32,0%	37,1%	36,3%	36,3%	35,9%	40,4%
Working Capital	423,7	309,1	495,2	366,4	366,4	437,0	415,4
Working Capital/LTM Sales	5,2%	3,4%	5,7%	4,4%	4,4%	5,3%	5,0%
Short- and Long-Term Financial Debt	239,3	1.158,1	193,4	268,9	268,9	483,3	469,9
Cash & Cash Equivalents (as stated)	273,6	971,8	583,9	614,0	614,0	857,4	810,1
Cash & Cash Equivalents (de facto cash until Q2/21)	881,5	817,4	n.a.	n.a.	n.a.	n.a.	n.a.
Net Financial Debt	-642,1	-580,4	-390,5	-345,1	-345,1	-374,1	-340,3
Net Financial Debt/LTM adj. EBITDA	-1,3	-0,8	-0,6	-0,5	-0,5	-0,5	-0,5

† Restatement of Q1 and Q2 2021 figures due to consolidation changes
‡ Based on IHS Markit, Light Vehicle Production Forecast as of 07/2022
Capex excluding right of use assets (IFRS 16)
Until Q2 2021, de facto cash position including payables and receivables from financing with Continental AG
Net financial debt prior to spin-off can not be reconciled between cash and short- and long-term financial debt due to intercompany financing with Continental AG