The net loss was €5.82 billion. These measures are distinct: the operating result reflects business operations, while the net result also incorporates financial and tax items.
The accounts include €7.8 billion in special items, including a Porsche-related impairment. The group also faces competitive pressure in China. It retains its forecast of roughly €315 billion in annual revenue and an operating margin of up to 1%, targets that have yet to be delivered.