Die Volkswagen Bank GmbH at a glance
|in € million (as of December 31)||2019
|Loans and receivables to
|Profit before tax||785
|Income tax expense||-226||-185|
|Profit after tax||560
|in % (as of December 31)||2019||2018|
|Common Equity Tier 1 capital ratio1||15.6||15.5|
|Tier 1 capital ratio1||15.6||15.5|
|Total capital ratio1||15.6||15.5|
|Number (as of December 31)||2019||2018|
1 Since January 1, 2019, the volume of deposits has been calculated without cash deposits from Group companies; prioryear
figure restated (previous year: €32,389 million).
2 Regulatory ratios in accordance with Article 92(1) of the CRR.
3 The changes in the number of employees arose from restructuring activities in the Volkswagen Bank GmbH Group.