Annual Report 2020


The financial position, cash flows and profitability of Daimler AG depend on the business development and performance of its operating subsidiaries, in whose development it participates through profit-and-loss-transfer agreements and dividend distributions.

For the year 2021, we expect Daimler AG to post a significantly higher net profit than for the year 2020. In particular, we anticipate improved financial income resulting from higher dividend distributions and profit transfers from major subsidiaries. Possible effects from the Daimler Truck spin-off are not included in the outlook

In addition, due to the interrelations between Daimler AG and its subsidiaries, we refer to the statements in the chapter »Outlook«, which largely reflect our expectations also for the parent company.

Risks and opportunities
Non-Financial Declaration