BMW 2008 Annual Report Download - page 55

56
14 Group Management Report
14 A Review of the Financial Year
16 General Economic Environment
20 Review of Operations
42 BMW Stock and Bonds
45 Disclosures pursuant to § 289 (4)
and § 315 (4) HGB
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
2008 2008 2007 2007 Change
in euro million in % in euro million in % in %
Work performed
Revenues 53,197 98.1 56,018 98.9
Financial income – 410 – 0.7 –114 – 0.2
Other income 1,428 2.6 730 1.3
Total output 54,215 100.0 56,634 100.0 – 4.3
Cost of materials 30,648 56.5 31,019 54.8
Other expenses 5,447 * 10.1 5,355 9.4
Bought-in costs 36,095 66.6 36,374 64.2 – 0.8
Gross value added 18,120 33.4 20,260 35.8 –10.6
Depreciation and amortisation 7,651 14.1 6,164 10.9
Net value added 10,469 19.3 14,096 24.9 – 25.7
Applied to
Employees 6,781 64.8 7,511 53.3 – 9.7
Providers of finance 2,823 27.0 2,270 16.1 24.4
Government / public sector 535 5.1 1,181 8.4 – 54.7
Shareholders 197 1.9 694 4.9 – 71.6
Group 127 1.2 2,432 17.3 – 94.8
Minority interest 6 – 8 – – 25.0
Net value added 10,469 100.0 14,096 100.0 – 25.7
* including expenditure in conjunction with measures to reduce the size of the workforce
BMW Group Value added 
in %
Net value added 19.3 Depreciation and amortisation 14.1
Cost of materials 56.5 Other expenses 10.1
Other expenses
Net value added
Cost of materials
Depreciation and amortisation 64.8 % Employees
27.0 % Providers of finance
5.1 % Government / public sector
1.9 % Shareholders
1.2 % Group