BMW 2007 Annual Report Download - page 115

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Other financial liabilities of euro 898 million (2006: euro 715 million) comprise mainly finance lease liabilities.
(2006: euro 479 million) for tax provisions. In 2007
tax provisions of euro 8 million were reversed (2006:
euro 2 million).
Current tax liabilities of euro 808 million (2006: euro
567 million) comprises euro 161 million (2006: euro
88 million) for taxes payable and euro 647 million
Financial liabilities
Financial liabilities include all liabilities of the BMW Group at the relevant balance sheet dates relating to
financing activities and comprise:
31 December 2006 Maturity Maturity Total
in euro million within later than
one year one year
Deferred tax – 2,758 2,758
Current tax 206 361 567
206 3,119 3,325
31 December 2007
in euro million Maturity Maturity Maturity Total
within between one later than
one year and five years five years
Bonds 5,230 8,945 4,208 18,383
Liabilities to banks 4,548 1,450 503 6,501
Liabilities from customer deposits (banking) 5,030 702 – 5,732
Commercial paper 5,445 – – 5,445
Asset backed financing transactions 1,638 4,708 – 6,346
Interest and currency derivatives 105 472 39 616
Bills of exchange payable – – – –
Other 497 273 128 898
22,493 16,550 4,878 43,921
31 December 2006
in euro million Maturity Maturity Maturity Total
within between one later than
one year and five years five years
Bonds 4,442 8,450 3,528 16,420
Liabilities to banks 2,077 2,205 6 4,288
Liabilities from customer deposits (banking) 5,138 643 – 5,781
Commercial paper 4,154 – – 4,154
Asset backed financing transactions 1,305 3,196 – 4,501
Interest and currency derivatives 279 317 – 596
Bills of exchange payable 1 – – 1
Other 260 235 220 715
17,656 15,046 3,754 36,456
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