BMW 2005 Annual Report Download - page 99

The decrease in loans to third parties resulted from the repayment of the final sales price instalment from
the sale of Land Rover.
98
The contracted maturities of debt securities are as follows:
[26]Income tax
assets
in euro million 31.12.2005 31.12.2004
Fixed income securities
due within 3 months 16 28
due later than 3 months 1,069 1,168
Sundry marketable securities
due within 3 months 4 74
due later than 3 months 18 17
1,107 1,287
Income tax assets can be analysed as follows:
31 December 2005 Maturity Maturity Total
in euro million within later than
one year one year
Deferred tax – 772 772
Current tax 267 – 267
267 772 1,039
31 December 2004*Maturity Maturity Total
in euro million within later than
one year one year
Deferred tax – 515 515
Current tax 291 – 291
291 515 806
*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