BMW 2012 Annual Report Download - page 2
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4 BMW GROUP IN FIGURES
6 REPORT OF THE SUPERVISORY BOARD
14 STATEMENT OF THE CHAIRMAN OF THE
BOARD OF MANAGEMENT
18 COMBINED GROUP AND COMPANY MANAGEMENT REPORT
18 A Review of the Financial Year
21 General Economic Environment
24 Review of Operations
44 BMW Stock and Capital Market in 2012
47
Disclosures relevant for takeovers and explanatory comments
50 Financial Analysis
50 Group Internal Management System
52 Earnings Performance
54 Financial Position
57 Net Assets Position
59 Subsequent Events Report
59 Value Added Statement
61 Key Performance Figures
62 Comments on Financial Statements of BMW AG
65 Internal Control System and explanatory comments
66 Risk Management
74 Outlook
78 GROUP FINANCIAL STATEMENTS
78 Income Statements
78 Statement of Comprehensive Income
80 Balance Sheets
82 Cash Flow Statements
84 Group Statement of Changes in Equity
86 Notes to the Group Financial Statements
86 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
150
Responsibility Statement by the
Company’s Legal Representatives
151
Auditor’s Report
152 STATEMENT ON CORPORATE GOVERNANCE
(Part of the Combined Group and
Company Management Report)
152 Information on the Company’s Governing
Constitution
153 Declaration of the Board of Management
and of the Supervisory Board pursuant to §
161 AktG
154 Members of the Board of Management
155 Members of the Supervisory Board
158 Composition and work procedures of the Board of
Management of BMW AG and its committees
160 Composition and work procedures of the Supervisory Board
of BMW AG and its committees
165 Information on Corporate Governance
Practices Applied Beyond Mandatory
Requirements
166 Compliance in the BMW Group
170 Compensation Report
178 OTHER INFORMATION
178 BMW Group Ten-year Comparison
180 BMW Group Locations
182 Glossary
184 Index
186 Financial Calendar
187 Contacts
Contents