BMW 2001 Annual Report Download - page 13

001 BMW Group in figures
004 Report of the Supervisory Board
008 Supervisory Board
011 Board of Management
012 Group Management Report
029 BMW Stock
033 Group Financial Statements
098 BMW AG Financial Statements
104 BMW Group Annual Comparison
106 BMW Group Locations
108 Glossary
112 Index
12
BMW Group again achieves record earnings
in 2001
The year 2001 was by far the most successful year
in the history of the BMW Group. In addition to
achieving major milestones in the strategic orienta-
tion of the Group, new sales and earnings records
have been set again.
The profit from ordinary activities in 2001 in-
creased to euro 3,242 million and was therefore
59.5% or euro 1,210 million higher than the previ-
ous best result recorded in 2000 (euro 2,032 mil-
lion). The return on sales also rose sharply to 8.4%
(2000: 5.5%).
Despite the high level of expenditure for the on-
going product and market offensive, the BMW Auto-
mobiles segment was again able to improve on its
previous years result. The profit from ordinary activi-
ties of euro 2,792 million (+2.2%) was a new all-time
high. The BMW Motorcycles segment also beat its
previous years record result with a profit from ordi-
nary activities of euro 59 million (+78.8%).The profit
from ordinary activities of the Financial Services
segment increased to euro 390 million (+11.1%),
also a new all-time high.
Net profit of the BMW Group in 2001 amounted
to euro 1,866 million and thus grew by 54.3% com-
pared to the previous year. BMW AG increased its
net income for the year by euro 40 million to euro
350 million, an improvement of 12.9%.
Dividend increase proposed
The Board of Management and Supervisory Board
propose to the Annual General Meeting to use the
unappropriated profit available for distribution in
BMW AG of euro 350 million for the payment of a
dividend on the equity entitled to dividends (euro
622.2 million common stock shares and euro 49.6
million preferred stock shares, each with a nominal
value of euro 1). This dividend represents an in-
crease of 13% to euro 0.52 for each share of com-
mon stock (2000: euro 0.46) and of 12.5% to euro
0.54 for each share of preferred stock (2000: euro
0.48), each with a nominal value of euro 1. The fur-
ther dividend increase proposed reflects the suc-
cessful development of the BMW Group in the year
2001.
BMW Group revenues reach record levels
Revenues of the BMW Group in 2001 rose to a new
peak level of euro 38,463 million, exceeding the pre-
vious years record by 3.3%. Revenues of the BMW
Automobiles segment went up to euro 33,542 mil-
BMW Group Revenues by region
in euro million
12,000
11,000
10,000
9,000
8,000
7,000
6,000
5,000
4,000
3,000
2,000
1,000
97
HGB
98
HGB
6,413
99
HGB
9,206
00
HGB
9,899
01
IAS
11,6 7 2
9,271
2,212
2,987
1,789
8,823
10,238
7,379
2,534
1,646
4,398
4,447
7,516
3,025
00
IAS
10,835
9,126
1,778
4,807
7,553
3,127
8,096 8,098
6,898
2,935
1,575
7,194
4,826
1,620
5,615
8,118
North America
Germany
Rest of Europe
Great Britain
Asia
Other markets
5,404
5,566
1,849
Group Management Report. The BMW Group is successfully focusing on
the premium segments of the automobile market. In order to strengthen its
leading position, the BMW Group is engaged in the most comprehensive
product and market offensive in its history.