BMW 2011 Annual Report Download - page 76

76
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
GROUP FINANCIAL STATEMENTS
BMW Group
Income Statements for Group and Segments
Statement of Comprehensive Income for Group
Income Statements for Group and Segments
in € million
Note Group Automotive
(unaudited supplementary information)
2011 2010* 2011 2010
(adjusted)
Revenues 10 68,821 60,477 63,229 54,137
Cost of sales 11 – 54,276 – 49,545 – 50,164 – 44,703
Gross profit 14,545 10,932 13,065 9,434
Sales and administrative costs 12 – 6,177 – 5,529 – 5,260 – 4,778
Other operating income 13 782 766 528 508
Other operating expenses 13 – 1,132 – 1,058 – 856 – 809
Profit / loss before financial result 8,018 5,111 7,477 4,355
Result from equity accounted investments 14 162 98 164 98
Interest and similar income 15 763 685 680 556
Interest and similar expenses 15 – 943 – 966 – 889 – 871
Other financial result 16 – 617 – 75 – 609 – 251
Financial result – 635 – 258 – 654 – 468
Profit / loss before tax 7,383 4,853 6,823 3,887
Income taxes 17 – 2,476 – 1,610 – 1,832 –1,280
Net profit / loss 4,907 3,243 4,991 2,607
Attributable to minority interest 26 16 25 15
Attributable to shareholders of BMW AG 34 4,881 3,227 4,966 2,592
Earnings per share of common stock in € 18 7.45 4.93
Earnings per share of preferred stock in € 18 7.47 4.95
Dilutive effects – –
Diluted earnings per share of common stock in € 18 7.45 4.93
Diluted earnings per share of preferred stock in € 18 7.47 4.95
* Adjusted for effect of change in accounting policy for leased products as described in note 8
Statement of Comprehensive Income for Group
in € million
Note
20111 2010
1, 2
(adjusted)
Net profit 4,907 3,243
Available-for-sale securities – 72 –16
Financial instruments used for hedging purposes – 801 – 526
Exchange differences on translating foreign operations 168 666
Actuarial losses on defined benefit pension obligations, similar obligations and plan assets 35 – 586 – 277
Deferred taxes relating to components of other comprehensive income 421 265
Other comprehensive income for the period (after tax) from equity accounted investment s – 41 21
Other comprehensive income for the period after tax 21
– 911 133
Total comprehensive income 3,996 3,376
Total comprehensive income attributable to minority interests 26 16
Total comprehensive income attributable to shareholders of BMW AG 34
3,970 3,360
1 The line item “Other comprehensive income for the period from equity accounted investments” is presented separately
for the first time in the Group Financial Statements for the year ended 31 December 2011.
2 Adjusted for effect of change in accounting policy for leased products as described in note 8