BMW 2010 Annual Report Download - page 4

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Contents
04 BMW GROUP IN FIGURES
06 REPORT OF THE SUPERVISORY BOARD
12 GROUP MANAGEMENT REPORT
12 A Review of the Financial Year
14 General Economic Environment
18 Review of Operations
41 BMW Group – Capital Market Activities in 2010
44
Disclosures relevant for takeovers and explanatory comments
47 Financial Analysis
47 Group Internal Management System
49 Earnings Performance
51 Financial Position
53 Net Assets Position
55 Subsequent Events Report
55 Value Added Statement
57 Key Performance Figures
58 Comments on Financial Statements of BMW AG
62 Internal Control System and explanatory comments
63 Risk Management
70 Outlook
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 to the Group Financial Statements
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
138
Responsibility Statement by the
Company’s Legal Representatives
139
Auditor’s Report
140 STATEMENT ON CORPORATE GOVERNANCE
(Part of Management Report)
140 Information on the Company’s Governing
Constitution
142 Declaration of the Board of Management
and of the Supervisory Board pursuant
to § 161AktG
143 Members of the Board of Management
144 Members of the Supervisory Board
147 Information on Work Procedures of the
Management Board and Supervisory Board
and on the Composition and Work
Procedures of its Committees
154 Compensation Report
162 Information on Corporate Governance
Practices Applied Beyond Mandatory
Requirements
163 Compliance in the BMW Group
166 OTHER INFORMATION
166 BMW Group Ten-year Comparison
168 BMW Group Locations
170 Glossary
172 Index
175 Financial Calendar
176 Contacts