BMW 2012 Annual Report Download - page 46

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46
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
47 Disclosures relevant for takeovers
and explanatory comments
50 Financial Analysis
50 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 BMW AG
65 Internal Control System and
explanatory comments
66 Risk Management
74 Outlook
2012, the BMW Group received the SAM Group’s
Sustainability Award for its commitment to
sustain-
ability. The BMW Group was also included in the British
FTSE4Good Index again in 2012.
In the Global 500 Ranking of the Carbon Disclosure
Project (CDP) published in September, the BMW Group
achieved its best performance to date. With a score of
99 out of a possible 100 points, we were crowned Sector
Leader and were in the TOP 3 of all participating com-
panies. As a result of this performance, the BMW Group
is listed in the CDPs Carbon Disclosure Leadership
Index (CDLI) and the Carbon Performance Leadership
Index (CPLI).
Regular communication with capital markets
In addition to information provided in quarterly and
year-end financial reports, interested parties such as an-
alysts, institutional investors, and rating agencies are
kept informed of developments in one-to-one discussions
and in roadshows, sometimes attended by members
of
the Board of Management. A second Capital Markets
Day was held in China and attracted a great deal of
interest.
As in previous years, dialogue with capital markets was
supplemented by SRI (Socially Responsible Investment)
roadshows and participation in conferences held for
investors with investment strategies based on sustain-
ability criteria. These events were used to keep investors
and analysts informed of our sustainability-oriented
activities. Debt IR roadshows were also held to commu-
nicate specifically with credit analysts and debt capital
investors.
The scope of information available to private investors
in the “Investor Relations” section of the BMW Group
website was also expanded and complemented by
a dedicated app. The Investor Relations team again
handled a great many inquiries from private investors
regarding BMW stock and bonds.
The BMW Group’s investor relations activities again
received praise in the renowned Extel Survey conducted
by Thomson Reuters (first place in the automobile sec-
tor) and in specialist publications such as Institutional
Investor and IR Magazine.