BMW 2005 Annual Report Download - page 137
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BMW Group 10-year Comparison
136
2005 2004
IASs/IFRSs IASs/IFRSs
adjusted1]
1]adjusted for new accounting treatment of pension obligations 2]reclassified after harmonisation of internal and external reporting systems 3]
incl. Rover Cars until 9 May 2000
volume of C1 up to 2002: 33,489 units 6]net profit of euro 663 million before extraordinary items 7]from 1998 figures exclude suspended contracts of employment, employees
computation of cash flow for external reporting purposes into line with standards normally applied on the financial markets. In future, the BMW Group will disclose both the figure for
also given in the glossary on page 140. 10]figures only available from 2000 onwards
Deliveries to customers
Automobiles3]units 1,327,992 1,208,732
Motorcycles4]units 97,474 92,266
Produktion
Automobiles3]units 1,323,119 1,250,345
Motorcycles5]units 92,012 93,836
Financial Services
Contract portfolio contracts 2,087,368 1,843,399
Business volume (based on balance sheet carrying amounts) euro million 40,428 32,556
Income Statement
Revenues euro million 46,656 44,335
Gross profit percentage Group8] %22.9 23.2
Gross profit percentage industrial operations9] %20.9 21.9
Gross profit percentage financial operations9] %12.0 12.5
Profit before financial result euro million 3,793 3,774
Profit before tax euro million 3,287 3,583
Return on sales (EBT/revenues) %7.0 8.1
Income taxes euro million 1,048 1,341
Effective tax rate %31.9 37.4
Net profit/ – loss for the year euro million 2,239 2,242
Balance sheet
Non-current assets euro million 47,556 40,822
Current assets euro million 27,010 26,812
Equity euro million 16,973 16,534
Equity ratio Group %22.8 24.4
Industrial operations9] %39.1 41.6
Financial operations9] %10.4 9.7
Non-current provisions and liabilities euro million 29,509 26,517
Current provisions and liabilities euro million 28,084 24,583
Balance sheet total euro million 74,566 67,634
Cash flow statement
Cash and cash equivalents at balance sheet date euro million 1,621 2,128
Cash flow9] euro million 5,602 5,187
Operative cash flow10] euro million 6,184 6,157
Capital expenditure euro million 3,993 4,347
Capital expenditure (capital expenditure/revenues) %8.6 9.8
Personnel
Workforce at the end of year7] 105,798 105,972
Personnel cost per employee euro 75,238 73,241
Dividend
Dividend total euro million 424 419
Dividend per share of common stock/preferred stock euro 0.64/0.66 0.62/0.64
Other Information 134
BMW AG
Principal Subsidiaries
134
BMW
Group10-year Comparison
136
BMW Group Locations 138
Glossary 140
Index 144
Contacts 146
Financial Calendar 147