BMW 2008 Annual Report Download - page 71

72
72 Group Financial Statements
72 Income Statements
74 Balance Sheets
76 Cash Flow Statements
78 Statement of Income and
Expenses recognised
in Equity
79 Notes
79 Accounting Principles
and Policies
88 Notes to the Income
Statement
94
Notes to the Balance Sheet
1 1 5 Other Disclosures
1 2 9 Segment Information
Group Financial Statements
BMW Group
Income Statement for Group and Segments
Note Group
in euro million 2008 2007 *
Revenues 8 53,197 56,018
Cost of sales 9 – 44,323 – 43,832
Gross profit 8,874 12,186
Sales and administrative costs 10 – 5,369 – 5,254
Research and development costs 11 – 2,825 – 2,920
Other operating income 12 1,428 730
Other operating expenses 12 – 1,187 – 530
Profit before financial result 921 4,212
Result from equity accounted investments 13 26 11
Interest and similar income 14 685 645
Interest and similar expenses 14 – 930 – 897
Other financial result 15 – 351 – 98
Financial result – 570 – 339
Profit before tax 351 3,873
Income taxes 16 – 21 – 739
Net profit / loss 330 3,134
Attributable to minority interest 6 8
Attributable to shareholders of BMW AG 324 3,126
Earnings per share of common stock in euro 17 0.49 4.78
Earnings per share of preferred stock in euro 17 0.51 4.80
* adjusted for changed presentation of financial result