BMW 2006 Annual Report Download - page 41

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40 Group Management Report
10 Group Management Report
10 A Review of the Financial Year
12
General EconomicEnvironment
15 Review of operations
38 BMW Stock and Bonds
41 Disclosures pursuant to §289 (4)
and §315 (4) HGB
43 Financial Analysis
43 – Internal Management System
44 – Earnings performance
46 – Financial position
48 – Net assets position
50 – Subsequent events report
50 – Value added statement
53 – Key performance figures
54 – Comments on BMW AG
58 Risk Management
62 Outlook
relevant FTSE4Good index group. For the second
time in succession, the BMW Group was judged by
the Carbon Disclosure Project to be “Best in Class in
2006” for its strategy in the face of climate change.
The BMW Group is now included in the Climate
Leadership Index. The Carbon Disclosure Project
is an initiative started by institutional investors evalu-
ating companies on the basis of how they face up
to the challenges of climate change.
BMW stock 2006 2005 2004 2003 2002
2006 2005 20045]2003 2002
1]Xetra closing prices
2]proposed by management
3]annual average weighted amount
4]stock weighted according to dividend entitlements
5]adjusted for new accounting treatment of pension obligations
6]calculated on the basis of operating cash flow
Common stock
Number of shares in1,000 601,995 622,228 622,228 622,228 622,228
Shares bought back at the reporting date – 13,488–––
Stock exchange price in euro1]
Year-end closing price 43.51 37.05 33.20 36.75 28.92
High 46.47 39.97 37.44 38.40 47.60
Low 35.52 32.04 31.78 21.12 27.97
Preferred stock
Number of shares in1,000 52,196 52,196 52,196 52,196 51,468
Stock exchange price in euro1]
Year-end closing price 43.52 33.00 24.80 24.65 18.60
High 45.91 33.98 26.20 26.25 31.99
Low 31.80 24.48 22.86 14.86 18.17
Key data per share in euro
Dividend
Common stock 0.70 2] 0.64 0.62 0.58 0.52
Preferred stock 0.72 2] 0.66 0.64 0.60 0.54
Earnings per share of common stock
3
]4.38 3.33 3.33 2.89 3.00
E
arnings pershare of preferred stock
4
]4.40 3.35 3.35 2.91 3.02
Cash flow6]8.21 9.17 9.13 7.37 6.76
Equity 29.24 25.17 24.52 23.95 20.59