BMW 2007 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 2007 BMW annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 247

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247

03
in euro million 2003 2004 2005 2006 2007 Change
in %
1] from 2006 including BMW G 650 X assembly by Piaggio S. p. A.
2] excluding C1, sales volume to 2003: 32,859 units
3] Figures exclude suspended contracts of employment, employees in the non-work phases of pre-retirement part-time arrangements and low income earners.
4] Including acquired entities, the comparable number of employees was 107,345 employees at 31 December 2006.
5] adjusted for new accounting treatment of pension obligations
6] In its financial statements for 2005, the BMW Group brought the cash flow computation into line with standards normally applied on the financial markets. Since then,
the BMW Group discloses the figures for the cash flow from operating activities (operating cash flow), corresponding to the cash flow from Industrial Operations reported in
the cash flow statement.
Revenues 41,525 44,335 46,656 48,999 56,018 14.3
Capital expenditure 4,245 4,347 3,993 4,313 4,267 – 1.1
Depreciation and amortisation 2,370 2,672 3,025 3,272 3,683 12.6
Operating cash flow6] 4,970 6,157 6,184 5,373 6,340 18.0
Profit before tax 3,205 3,5835] 3,287 4,124 3,873 – 6.1
Net profit 1,947 2,2425] 2,239 2,874 3,134 9.0
2003 2004 2005 2006 2007 Change
in %
BMW Group in figures
Vehicle production
BMW 944,072 1,059,978 1,122,308 1,179,317 1,302,774 10.5
MINI 174,366 189,492 200,119 186,674 237,700 27.3
Rolls-Royce 502 875 692 847 1,029 21.5
Motorcycles1] 89,745 93,836 92,012 103,759 104,396 0.6
Deliveries to customers
BMW 928,151 1,023,583 1,126,768 1,185,088 1,276,793 7.7
MINI 176,465 184,357 200,428 188,077 222,875 18.5
Rolls-Royce 300 792 796 805 1,010 25.5
Motorcycles2] 92,962 92,266 97,474 100,064 102,467 2.4
Workforce at end of year3] 104,342 105,972 105,798 106,5754] 107,539 0.9