BMW 2005 Annual Report Download - page 64

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in euro million Notes Group Industrial operations1] Financial operations1]
2005 20042] 2005 20042] 2005 20042]
Revenues [9]46,656 44,335 47,206 43,662 9,801 8,479
Cost of sales [10]– 35,992 –34,040 –37,343 –34,083 –8,623 –7,423
Gross profit 10,664 10,295 9,863 9,579 1,178 1,056
Sales and administrative costs [11]– 4,762 – 4,648 – 4,312 – 4,250 – 479 – 424
Research and development costs [12]–2,464 –2,334 –2,464 –2,334 ––
Other operating income and expenses [13]355 461 275 426 24 14
Profit before financial result 3,793 3,774 3,362 3,421 723 646
Financial result [14]– 506 –191 – 474 – 207 46 57
Profit before tax 3,287 3,583 2,888 3,214 769 703
Income taxes [15]– 1,048 –1,341 –934 –1,213 –242 –254
Net profit [16]2,239 2,242 1,954 2,001 527 449
Earnings per share
of common stock in euro [17]3.33 3.33
Earnings per share
of preferred stock in euro [17]3.35 3.35
1] before consolidation of transactions between the sub-groups; unaudited
2] adjusted figures
BMW Group
Group and sub-group Income Statements
63