Has VW increased Dieselgate provisions again? Unfortunately, the interim balance sheet does not show a separate line for other provisions and management’s explanations also do not deliver any information. However, other liabilities (which includes this provision) increased by €4bn and the cash flow statement shows a positive €959m from the change of provisions compared to a negative €1.9bn in Q1 17. Although Dieselgate must have resulted in further cash outflow in Q1 18,
26 Apr 2018
Volume up but profits down
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Volume up but profits down
Has VW increased Dieselgate provisions again? Unfortunately, the interim balance sheet does not show a separate line for other provisions and management’s explanations also do not deliver any information. However, other liabilities (which includes this provision) increased by €4bn and the cash flow statement shows a positive €959m from the change of provisions compared to a negative €1.9bn in Q1 17. Although Dieselgate must have resulted in further cash outflow in Q1 18,