BMW 2005 Annual Report Download - page 89

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Earnings per share of preferred stock are com-
puted on the basis of the number of preferred stock
shares entitled to receive a dividend in each of the
The income statement includes personnel costs as follows:
relevant financial years. Diluted earnings per share
were not applicable in either the current or prior
year.
88
[17]Earnings per
share
[18]Other disclosures
relating to the income
statement
2005 2004*
in euro million 2005 2004 *
Net profit for the year after minority interest euro million 2,239.3 2,241.8
Profit attributable to common stock euro million 2,066.6 2,070.1
Profit attributable to preferred stock euro million 172.7 171.7
Average number of common stock shares in circulation number 619,815,630 622,227,918
Average number of preferred stock shares in circulation number 51,488,137 51,301,117
Earnings per share of common stock euro 3.33 3.33
Earnings per share of preferred stock euro 3.35 3.35
Dividend per share of common stock euro 0.64 0.62
Dividend per share of preferred stock euro 0.66 0.64
Personnel costs
Wages and salaries 6,104 5,954
Social security, retirement and welfare costs 1,202 1,171
– thereof retirement costs: euro 713 million (2004: euro 672 million)
7,306 7,125
*adjusted in accordance with Note [8] (b)
The minority interest in profit totalling euro 0.098 mil-
lion (2004: euro 0.238 million) comprises euro
0.096 million (2004: euro 0.246 million) relating to
the
minority shareholder Euro Lloyd Reisebüro GmbH,
Cologne, and euro 0.002 million (2004: share of
loss euro 0.008 million) relating to the minority
shareholder Norddeutsche Landesbank Girozentrale,
Braunschweig.
[16]Minority
interest
*adjusted in accordance with Note [8] (b)
Group Financial Statements 62
Income Statements 63
Balance Sheets 64
Cash Flow Statements 66
Group Statement of
Changes in Equity 68
Statement of Income and Expenses
recognised directly in Equity 69
Notes 70
--Accounting Principles
and Policies 70
--Notes to the Income Statement 81
--Notes to the balance sheet 90
--Other Disclosures 114
--Segment Information 121
Auditors’ Report 125