BMW 2010 Annual Report Download - page 92

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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 2010 2009
Exchange gains 547 455
Income from the reversal of provisions 69 84
Income from the reversal of impairment losses and write-downs 38 16
Gains on the disposal of assets 15 84
Sundry operating income 97 169
Other operating income 766 808
Exchange losses – 677 – 482
Expense for additions to provisions –186 – 78
Expenses for impairment losses and write-downs – 40 – 85
Sundry operating expenses –155 –159
Other operating expenses –1,058 – 804
Other operating income and expenses – 292 4
Other operating income and expenses
Other operating income includes public-sector grants of euro 30 million (2009: euro 14 million).
Net interest result
Result from equity accounted investments
The profit from equity accounted investments of euro
98million (2009: euro 36 million) includes the Group’s
share of the results of the joint venture BMW Brilliance
Automotive Ltd., Shenyang, and the investment in
The expected return on plan assets includes the expected
income on assets held to secure obligations relating to
Cirquent GmbH, Munich. It also includes for the first time
the Group’s share of the results of the joint ventures SGL
Automotive Carbon Fibers GmbH & Co. KG, Munich, SGL
Automotive Carbon Fibers Verwaltungs GmbH, Munich,
and SGL Automotive Carbon Fibers, LLC, Dover, DE.
pensions and pre-retirement part-time work arrange-
ments.
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in euro million 2010 2009
Expected return on plan assets 476 379
Other interest and similar income 209 477
thereof from subsidiaries: euro 13 million (2009: euro 6 million)
Interest and similar income 685 856
Expense from reversing the discounting of pension obligations – 588 – 532
Expense from reversing the discounting of other long-term provisions –124 –115
Write-downs on marketable securities – 3 – 3
Other interest and similar expenses – 251 – 364
thereof to subsidiaries: euro – million (2009: euro – million)
Interest and similar expenses – 966 –1,014
Net interest result – 281 –158
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