Magna International Inc.
Second Quarter Report
MAGNA INTERNATIONAL INC.
Management’s Discussion and Analysis of Results of Operations and Financial Position
All amounts in this Management’s Discussion and Analysis of Results of Operations and Financial Position
(“MD&A”) are in U.S. dollars and all tabular amounts are in millions of U.S. dollars, except per share figures and
average dollar content per vehicle, which are in U.S. dollars, unless otherwise noted. When we use the terms
“we”, “us”, “our” or “Magna”, we are referring to Magna International Inc. and its subsidiaries and jointly
controlled entities, unless the context otherwise requires.
This MD&A should be read in conjunction with the unaudited interim consolidated financial statements for the
three months and six months ended June 30, 2010 included in this Quarterly Report, and the audited
consolidated financial statements and MD&A for the year ended December 31, 2009 included in our 2009
Annual Report to Shareholders. The unaudited interim consolidated financial statements for the three months and
six months ended June 30, 2010 have been prepared in accordance with Canadian generally accepted
accounting principles (“GAAP”) with respect to the preparation of interim financial information and the audited
consolidated financial statements for the year ended December 31, 2009 have been prepared in accordance with
This MD&A has been prepared as at August 5, 2010.
We are the most diversified global automotive supplier. We design, develop and manufacture technologically
advanced automotive systems, assemblies, modules and components, and engineer and assemble complete
vehicles, primarily for sale to original equipment manufacturers (“OEMs”) of cars and light trucks. Our
capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating
systems; closure systems; body and chassis systems; vi