BMW 2011 Annual Report Download - page 114
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114
76 GROUP FINANCIAL STATEMENTS
76 Income Statements
76 Statement of
Comprehensive Income
78 Balance Sheets
80 Cash Flow Statements
82 Group Statement of Changes
in Equity
84 Notes
84 Accounting Principles
and Policies
100 Notes to the Income
Statement
107 Notes to the Statement
of Comprehensive Income
108
Notes to the Balance Sheet
129 Other Disclosures
145 Segment Information
in € million 31. 12. 2011 31. 12. 2010
Stocks 1 1
Fixed income securities 2,329 1,565
Marketable securities and investment funds 2,330 1,566
in € million 31. 12. 2011 31. 12. 2010
Fixed income securities
due within three months 241 282
due later than three months 2,088 1,283
Debt securities 2,329 1,565
The contracted maturities of debt securities are as follows:
in € million 31. 12. 2011 31. 12. 2010
Gross carrying amount 267 277
Allowance for impairment – 18 – 15
Net carrying amount 249 262
2011 Allowance for impairment recognised on a Total
in € million specific item basis group basis
Balance at 1 January 15 – 15
Allocated / reversed 20 – 20
Utilised – 18 – – 18
Exchange rate impact and other changes 1 – 1
Balance at 31 December 18 – 18
2010 Allowance for impairment recognised on a Total
in € million specific item basis group basis
Balance at 1 January 17 – 17
Allocated / reversed 27 – 27
Utilised – 30 – – 30
Exchange rate impact and other changes 1 – 1
Balance at 31 December 15 – 15
Allowance for impairment and credit risk
Receivables relating to credit card business comprise the following:
Allowances for impairment losses on receivables relating to credit card business developed as follows during the
year under report:
exceeds these obligations (€ 30 million; 2010: € 50 million)
is reported under other financial assets.
Marketable securities and investment funds relate to
available-for-sale financial assets and comprise: