BMW 2007 Annual Report Download - page 75

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BMW Group
Group and Sub-group Income Statements
in euro million Notes Group Industrial Operations* Financial Operations*
2007 2006 2007 2006 2007 2006
Revenues [8] 56,018 48,999 55,263 49,227 14,349 11,349
Cost of sales [9] – 43,832 – 37,660 – 44,331 – 39,238 – 12,877 – 10,050
Gross profit 12,186 11,339 10,932 9,989 1,472 1,299
Sales and administrative costs [10] – 5,254 – 4,972 – 4,647 – 4,464 – 609 – 535
Research and development costs [11] – 2,920 – 2,544 – 2,920 – 2,544 – –
Other operating income [12] 730 744 594 626 194 175
Other operating expenses [12] – 530 – 517 – 430 – 450 – 167 – 125
Profit before financial result 4,212 4,050 3,529 3,157 890 814
Result from equity accounted investments [13] 11 – 25 11 – 25 – –
Other financial result [14] – 350 99 – 81 383 – 139 – 33
Financial result – 339 74 – 70 358 – 139 – 33
Profit before tax 3,873 4,124 3,459 3,515 751 781
Income taxes [15] – 739 – 1,250 – 496 – 1,066 – 327 – 246
Net profit 3,134 2,874 2,963 2,449 424 535
Attributable to minority interest 8 6 8 6 – –
Attributable to shareholders of BMW AG 3,126 2,868 2,955 2,443 424 535
Earnings per share
of common stock in euro [16] 4.78 4.38
Earnings per share
of preferred stock in euro [16] 4.80 4.40
*before consolidation of transactions between the sub-groups; unaudited