BMW 2002 Annual Report Download - page 100
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99
Capital expenditure comprises additions to
property, plant and equipment and intangible assets.
Segment assets and segment liabilities com-
prise all assets and liabilities employed by the rele-
vant business segment to generate the profit before
financial result.
The return on sales for each segment is based
on the profit before financial result. The return on
sales for the Group as a whole is based on the profit
from ordinary activities.
Internal financing is computed as the profit or
loss from ordinary activities adjusted for depreciation
and significant non-cash items and less actual tax
payments.
In the case of segment information by geograph-
ical
region, external sales are based on the location
of the customers registered office. Segment infor-
mation is provided for the regions Germany, rest of
Europe, America and Africa, Asia and Oceania, in line
with internal management and reporting procedures.
Segment information by region External sales Capital expenditure Assets
in euro million 2002 2001 2002 2001 2002 2001
Germany 10,343 10,238 3,137 2,482 18,388 16,140
Rest of Europe 13,117 11,777 576 708 12,284 9,999
America 13,538 12,189 255 289 16,216 16,627
Africa, Asia, Oceania 5,284 4,259 74 37 5,084 4,481
Reconciliations 3,539 4,012
Group 42,282 38,463 4,042 3,516 55,511 51,259