BMW 2010 Annual Report Download - page 114

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74 GROUP FINANCIAL STATEMENTS
74 Income Statements
74 Statement of
Comprehensive Income
76 Balance Sheets
78 Cash Flow Statements
80 Group Statement of Changes
in Equity
81 Notes
81 Accounting Principles
and Policies
89 Notes to the Income
Statement
95 Notes to the Statement
of Comprehensive Income
96 Notes to the Balance Sheet
117 Other Disclosures
133 Segment Information
in euro million 1.1. 2010* Translation Additions Reversal of Utilised Reversed 31. 12. 2010
differences
discounting
Obligations for personnel and social expenses 961 9 916 1 468 27 1,392
Obligations for ongoing operational expenses 2,826 59 944 108 874 103 2,960
Other obligations 991 34 605 8 336 107 1,195
Other provisions 4,778 102 2,465 117 1,678 237 5,547
* including entities consolidated for the first time during the financial year
in euro million 31. 12. 2010 31. 12. 2009
To t a l thereof To t a l thereof
due within due within
one year one year
Obligations for personnel and social expenses 1,392 941 960 445
Obligations for ongoing operational expenses 2,960 1,233 2,816 1,031
Other obligations 1,195 652 988 582
Other provisions 5,547 2,826 4,764 2,058
31 December 2010 Maturity Maturity Total
in euro million within one year
later than one year
Deferred tax – 2,933 2,933
Current tax 649 549 1,198
Income tax liabilities 649 3,482 4,131
31 December 2009 Maturity Maturity Total
in euro million within one year
later than one year
Deferred tax – 2,769 2,769
Current tax 595 241 836
Income tax liabilities 595 3,010 3,605
32
33
Other provisions
Other provisions comprise the following items:
Provisions for obligations for personnel and social ex-
penses comprise mainly performance-related remunera-
tion components, early retirement part-time working
arrangements and employee long-service awards.
Pro-
visions for obligations for on-going operational expenses
comprise primarily warranty obligations. Provisions for
other obligations cover numerous specific risks and obliga-
tions of uncertain timing and amount.
O
ther provisions changed during the year as follows:
Income from the reversal of other provisions amounting to euro 168 million (2009: euro 509 million) is included in
costs by function in the income statement.
Income tax liabilities