BMW 2009 Annual Report Download - page 24

22
12 Group Management Report
12 A Review of the Financial Year
14 General Economic Environment
18 Review of Operations
42
BMW Group – Capital Market
Activities
45 Disclosures pursuant to § 289 (4)
and § 315 (4) HGB
48 Financial Analysis
48 Internal Management System
50 Earnings Performance
52 Financial Position
54 Net Assets Position
56 Subsequent Events Report
56 Value Added Statement
58 Key Performance Figures
59 Comments on BMW AG
63 Internal Control System
64 Risk Management
70 Outlook
new technique allows the production of high-strength, low-
weight body panels.
The new BMW Z4 came off the production lines at the
Regensburg plant for the first time in February 2009. With
the production of future models in mind, we invested a total
of euro 130 million from 2007 to 2009 in expanding this
plant for BMW Z4 production. A further euro 84 million has
been invested to expand the pressing plant. The Regens-
burg site now has the world’s first servo drive cutting press
and is able to cut high-strength and ultra high-strength
steel directly from coils and pre-stamp it into sheet metal
blanks for pressing. In future, nearly all of the pressed parts
required will be manufactured on-site and go directly into
bodywork production, enabling annual savings of some
two million truck-kilometres and 1,600 tons of CO
2
emis-
sions. We also plan to invest a further euro 300 million
in car body construction and assembly during the coming
years.
We were able to avoid having to resort to short-time working
arrangements at the BMW plant in Leipzig during the year
under report by switching to one-shift operations and
utilising the flexibility of working-time accounts at an early
stage. We returned to two-shift operations in summer
2009 with the production start-up of the new BMW X1 . Ad-
ditional
employees from other plants helped to cope with
capacity peaks. The new pressing plant and new
produc-
tion facilities for doors and front and rear hatches was
commissioned in September 2009. Overall, we invested
approximately euro 100 million in the plant.
The switch to a new, environment-friendly production
process was initiated at our light-metal foundry at the
Landshut plant in 2009. In 2010 it will then become the
world’s first emission-free foundry in which sand cores
will
be used as the basis for casting. Instead of using con-
ventional, organic binding agents, processes in the future
will involve the use of particularly eco-compatible and in-
organic binding agents which create practically no environ-
mentally harmful emissions. Using these innovative pro-
duction techniques, the light-metal foundry will be able to
reduce emissions from combustion residues by 98 %. This
not only protects the environment; the new techniques also
generate commercial and work-related benefits. Amongst
other things, our employees are able to work under sig-
nificantly improved working conditions.
The new BMW 6-cylinder petrol engine featuring Twin-
Power Turbo Technology was produced for the first time in
2009 at our engine factory in Steyr, Austria. This engine
is destined for use in the new BMW 5 Series Gran Turismo.
Production of the new BMW 6-cylinder diesel engine
equipped with TwinPower Turbo Technology was also com-
menced. This engine, which powers the new BMW 740d,
has an exceptionally low level of fuel consumption (only
6.9
litres / 100 km) for its category. We have also sharply
reduced the volume of electricity consumed at the Steyr
plant thanks to our rigorous energy management strategy.
The quantity of electricity bought in for the plant in 2009
was 26 %
lower than in 2006. The amount thus saved
would be
sufficient to provide electricity to approximately
15,000 households
for one year.
In May 2009, celebrations were held at the MINI plant in
Oxford to mark fifty years of the
MINI brand. More than
1.5 million units of the new
MINI have left the plant since
production began in 2001. We also announced in Sep-
tember that two further models would be produced at the
Oxford plant.
The 500,000th engine destined for a MINI left our Hams
Hall plant in August 2009. In total, more than 360,000 en-
gines were produced for BMW and MINI brand cars during
the reporting period. More than two million engines have
been produced at Hams Hall since production was taken
up in 2001.
One of the main focuses of activities at the Goodwood
plant in England in 2009 was the start-up of production
of
the new Rolls-Royce Ghost. The first customers took
delivery of their Ghosts just before the end of 2009. Due
to strong demand, the new model will continue to
have
an important impact on activities at Goodwood in 2010.
The Phantom nevertheless remains the brand’s key
model.
Automobile production of the BMW Group by plant in 2009
in 1,000 units
Regensburg 250.5 Spartanburg 123.0
Oxford 213.7 Rosslyn 46.2
Munich 203.9 Goodwood 0.9
Dingolfing 194.7 Shenyang1 36.0
Leipzig 143.5 Graz (Magna Steyr)2 46.0
1 Joint venture
2 Contract production
Rosslyn
Goodwood
Shenyang1
Graz2
Regensburg
Dingolfing
Oxford
Munich
Leipzig
Spartanburg