BMW 2007 Annual Report Download - page 58

56 Group Management Report
10 Group Management Report
10 A Review of the Financial Year
13 General Economic Environment
17 Review of Operations
41 BMW Stock and Bonds
44 Disclosures relating to Takeover
Regulations and Explanatory Report
47 Financial Analysis
47 – Internal Management System
49 – Earnings Performance
51 – Financial Position
52 – Net Assets Position
55 – Subsequent Events Report
55 – Value Added Statement
57 – Key Performance Figures
58 – Comments on BMW AG
62 Risk Management
68 Outlook
BMW Group value added statement
in euro million 2007 2007 2006 2006 Change
in % in % in %
Work performed
Revenues 56,018 98.9 48,999 97.7
Financial income – 114 – 0.2 393 0.8
Other income 730 1.3 744 1.5
Total output 56,634 100.0 50,136 100.0 13.0
Cost of materials 31,019 54.8 26,598 53.1
Other expenses 5,355 9.4 5,037 10.0
Bought-in costs 36,374 64.2 31,635 63.1 15.0
Gross value added 20,260 35.8 18,501 36.9 9.5
Depreciation and amortisation 6,164 10.9 4,916 9.8
Net value added 14,096 24.9 13,585 27.1 3.8
Applied to:
Employees 7,511 53.3 7,448 54.9 0.8
Providers of finance 2,270 16.1 1,627 12.0 39.5
Government/public sector 1,181 8.4 1,636 12.0 27.8
Shareholders 694 4.9 458 3.4 51.5
Group 2,432 17.3 2,410 17.7 0.9
Minority interest 8 – 6 – 33.3
Net value added 14,096 100.0 13,585 100.0 3.8
BMW Group value added 2007
in %
Net value added
Cost of materials
Depreciation and amortisation
Other expenses
9.410.9
54.8
24.9
53.3 % Employees
16.1 % Providers of finance
8.4 %
Government/public sector
4.9 % Shareholders
17.3 % Group