Daimler : Interim Report Q2 2021

Interim Report Q2 2021

INTERIM REPORT Q2 2021 | CONTENTS  3

Contents

A | Key Figures	4
B | Interim Management Report	8 - 31
Business development	8
Important events	10
Profitability	11
Cash flows	18
Financial position	22
Risk and opportunity report	25
Outlook	29
C | Interim Consolidated
Financial Statements	32 - 58
Consolidated Statement of Income/Loss	32
Consolidated Statement of Comprehensive
Income/Loss	34
Consolidated Statement of Financial Position	36
Consolidated Statement of Cash Flows	37
Consolidated Statement of Changes in Equity	38

Notes to the Interim Consolidated Financial Statements	40
Responsibility Statement	59
Auditor's Review Report	60
D | Further Information -
Financial Calendar	61

Cover photo: The EQB1 - an all-electric compact SUV with up to seven seats

Whether for a large nuclear family or a small extended family, as a seven-seater, the new EQB offers space for many types of family and the most diverse transport needs. This gives it a unique position not only in the compact segment, but also among electric cars. After the EQA, it is already the second fully electric compact car from Mercedes-EQ. The powerful and efficient electric drive system, clever recuperation and predictive navigation with Electric Intelligence are just some of the features it shares with the EQA.

1 EQB 350 4MATIC (power consumption combined: 16.2 kWh/100 km;

CO2 emissions combined: 0 g/km)

4 A | KEY FIGURES

Q2 Key Figures for the Group

Key figures Daimler Group
€ amounts in millions	Q2 2021	Q2 2020	% change
Sales (in units)	736,385	541,833	+36
Revenue	43,482	30,184	+441
EBIT	5,185	-1,682	.
EBIT adjusted	5,420	-708	.
Net profit/loss	3,704	-1,906	.
Earnings/loss per share (in €)	3.36	-1.87	.
Outstanding shares (in millions)	1,069.8	1,069.8	0
Market capitalisation (in € billion)	80.56	38.67	+108
Xetra closing price (in €)	75.30	36.15	+108
Free cash flow of the industrial business	2,586	685	+278
Free cash flow of the industrial business adjusted	2,950	778	+279
Net liquidity of the industrial business	20,863	9,481	+120
Investment in property, plant and equipment	1,048	1,317	-20
Research and development expenditure	2,366	2,255	+5
thereof capitalised development costs	579	711	-19
Employees	289,643	288,4812	+0

1. Adjusted for the effects of currency translation, increase in revenue of 49%.
2. As of 31 December 2020.

Share-price development (indexed)

240
220
200
180
160
140
120
100
80
30.6.20	30.9.20	31.12.20	31.3.21	30.6.21
	Daimler AG	STOXX Europe Auto Index	DAX

A | KEY FIGURES 5

Q1-2

Key figures Daimler Group
€ amounts in millions	Q1-2 2021	Q1-2 2020	% change
Sales (in units)	1,464,994	1,186,149	+24
Revenue	84,499	67,407	+251
EBIT	10,933	-1,065	.
EBIT adjusted	10,388	11	.
Net profit/loss	8,077	-1,738	.
Earnings/loss per share (in €)	7.37	-1.78	.
Outstanding shares (in millions)	1,069.8	1,069.8	0
Market capitalisation (in € billion)	80.56	38.67	+108
Xetra closing price (in €)	75.30	36.15	+108
Free cash flow of the industrial business	4,396	-1,631	.
Free cash flow of the industrial business adjusted	5,782	-1,084	.
Net liquidity of the industrial business	20,863	9,481	+120
Investment in property, plant and equipment	2,234	2,637	-15
Research and development expenditure	4,780	4,609	+4
thereof capitalised development costs	1,162	1,343	-13
Employees	289,643	288,4812	+0

1. Adjusted for the effects of currency translation, increase in revenue of 30%.
2. As of 31 December 2020.

Revenue	EBIT	Net profit/loss	Earnings per share
In billions of euros	In billions of euros	In billions of euros	In euros

50			6.0
45			5.0
40
		4.0
35
		3.0
30
25			2.0
20			1.0
15
		0.0
10
		-1.0
5
0			-2.0
Q1	Q2	Q3	Q4

			5.0
			4.0
			3.0
			2.0
			1.0
			0.0
			-1.0
			-2.0
Q1	Q2	Q3	Q4

			5.00
			4.00
			3.00
			2.00
			1.00
			0.00
			-1.00
			-2.00
Q1	Q2	Q3	Q4

Q1	Q2	Q3	Q4
			2020
			2021

6 A | KEY FIGURES

Q2 Key Figures for the Divisions

	Q2 2021	Q2 2020	% change
€ amounts in millions
Mercedes-Benz Cars & Vans
Sales (in units)	619,558	480,800	+29
Revenue	28,152	18,949	+49
EBIT	3,438	-1,125	.
EBIT adjusted	3,604	-284	.
Return on sales (in %)	12.2	-5.9	.
Return on sales adjusted (in %)	12.8	-1.5	.
CFBIT	2,502	430	+482
CFBIT adjusted	2,805	522	+437
Cash conversion rate adjusted	0.8	-1.8	.
Investment in property, plant and equipment	933	1,136	-18
Research and development expenditure	2,010	1,910	+5
thereof capitalised development costs	538	687	-22
Employees	170,387	170,5151	-0
Daimler Trucks & Buses
Sales (in units)	116,827	61,033	+91
Revenue	10,012	6,200	+61
EBIT	819	-756	.
EBIT adjusted	831	-747	.
Return on sales (in %)	8.2	-12.2	.
Return on sales adjusted (in %)	8.3	-12.0	.
CFBIT	667	-121	.
CFBIT adjusted	693	-121	.
Cash conversion rate adjusted	0.8	0.2	.
Investment in property, plant and equipment	101	155	-35
Research and development expenditure	362	354	+2
thereof capitalised development costs	41	24	+71
Employees	102,114	99,6401	+2
Daimler Mobility
Revenue	6,874	6,450	+7
EBIT	924	205	+351
EBIT adjusted	930	313	+197
Return on equity (in %)	23.9	5.6	.
Return on equity adjusted (in %)	24.0	8.6	.
New business	17,191	13,971	+23
Contract volume	150,596	150,5531	+0
Employees	11,255	11,6501	-3
1 As of 31 December 2020.