This kit includes all of the parts you should need when rebuilding your rear wheel bearings. You get one inner, and one outer bearing, two wheel seals, and a cotter pin. The bearings are NOT VW as shown in the picture. They are the best available at the moment. This kit does one side so if you want to do both, please buy two kits.
Update circlip and spacer are no longer included in this kit. I will update the picture as soon as I can sorry for the confusion.