BMW 2003 Annual Report Download - page 57

001 BMW Group in figures
004 Report of the Supervisory Board
008 Supervisory Board
011 Board of Management
012 Group Management Report
12 A Review of the Financial Year
29 Outlook
30 Financial Analysis
44 Risk Management
047 BMW Stock
050 Corporate Governance
054 Group Financial Statements
118 BMW AG Principal Subsidiaries
120 BMW Group10-year Comparison
122 BMW Group Locations
124 Glossary, Index
56
BMW Group
Group and sub-group Balance Sheets at 31 December
Assets Notes Group Industrial operations1]Financial operations1]
in euro million 2003 2002 2003 2002 2003 2002
Intangible assets [20]3,200 2,741 3,181 2,730 19 11
Property, plant and equipment [21]9,708 8,578 9,688 8,544 20 34
Financial assets [22]607 498 593 463 14 35
Leased products [23]6,697 7,012 225 188 8,293 8,559
Non-current assets 20,212 18,829 13,687 11,925 8,346 8,639
Inventories [24]5,693 5,197 5,686 5,191 76
Trade receivables [25]2,257 1,818 2,191 1,678 66 140
Receivables from sales financing [25]21,950 19,493 ––21,950 19,493
Other receivables [25]7,184 6,056 4,829 4,570 3,545 3,761
Marketable securities [26]1,857 1,105 1,857 1,105 00
Cash and cash equivalents [27]1,659 2,333 1,247 2,256 412 77
Current assets 40,600 36,002 15,810 14,800 25,980 23,477
Deferred tax assets [15]175 192 120 249 – 873 – 852
Prepayments [28]488 488 166 143 322 345
Total assets 61,475 55,511 29,783 27,117 33,775 31,609
To t al assets adjusted for
asset backed financing transactions 56,487 51,002 ––28,787 27,100
1]before consolidation of transactions between the sub-groups