BMW 2010 Annual Report Download - page 81

79 GROUP FINANCIAL STATEMENTS
Automobiles Financial Services
2010 20091 2010 20091
2,607 – 439 768 218 Net profit / loss
Reconciliation between net profit / loss and cash inflow from operating activities
1,145 251 277 152 Current tax
150 255 22 42 Other interest and similar income / expenses
6 7 4,823 5,732 Depreciation of leased products
3,762 3,502 22 25 Depreciation and amortisation of other tangible, intangible and investment assets
869 42 – 49 93 Change in provisions
27 – 448 440 69 Change in deferred taxes
116 –170 – 408 307 Other non-cash income and expense items
4 – 29 1 1 Gain / loss on disposal of tangible, intangible and investment assets
– 98 – 43 – – Result from equity accounted investments
– 374 1.806 5 6 Changes in working capital
– 1,163 871 1 – Change in inventories
– 364 513 – 43 – Change in trade receivables
1,153 422 47 6 Change in trade payables
999 214 – 176 309 Change in other operating assets and liabilities
– 1,199 – 369 – 147 – 99 Income taxes paid
136 342 –
2 – 2 Interest received
8,150 4,921 5,558 6,817 Cash inflow from operating activities
– 3,183 – 3,409 – 10 –10 Investment in intangible assets and property, plant and equipment
59 98 1 2 Proceeds from the disposal of intangible assets and property, plant and equipment
– 577 – 261 – – Expenditure for investments
23 33 – – Proceeds from the disposal of investments
– 172 –197 – 11,726 –10,236 Investment in leased products
171 271 7,251 6,215 Disposals of leased products
– – – 61,120 – 49,629 Additions to receivables from sales financing
– – 56,264 47,847 Payments received on receivables from sales financing
– 2,620 – 2,787 – 103 –121 Cash payments for the purchase of marketable securities
757 577 41 43 Cash proceeds from the sale of marketable securities
– 5,542 – 5,675 – 9,402 – 5,889 Cash outflow from investing activities
– 6 – – Issue of treasury shares
18 7 – – Payments into equity
– 197 –197 – – Payment of dividend for the previous year
– 212 – 76 –
2 – 2 Interest paid
– – 2,361 658 Proceeds from the issue of bonds
– 52 – – 364 –1,230 Repayment of bonds
2,703 180 204 722 Internal financing
– 2,117 – 874 68 – 351 Change in other financial liabilities
– 1,519 964 – – Change in commercial paper
– 1,376 10 2,269 – 201 Cash inflow / outflow from financing activities
22 2 – 1 23 Effect of exchange rate and changes in composition of Group on cash and cash equivalents
1,254 – 742 – 1,576 750 Change in cash and cash equivalents
4,331 5,073 2,803 2,053 Cash and cash equivalents as at 1 January
5,585 4,331 1,227 2,803 Cash and cash equivalents as at 31 December