BMW 2013 Annual Report Download - page 115
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115 GROUP FINANCIAL STATEMENTS
in € million 2 013 2012
Exchange gains 346 385
Income from the reversal of provisions 183 114
Income from the reversal of impairment losses and write-downs 13 4
Gains on the disposal of assets 53 41
Sundry operating income 246 285
Other operating income 841 829
Exchange losses – 323 – 386
Expense for additions to provisions – 265 – 309
Expenses for impairment losses and write-downs – 37 – 22
Losses on the disposal of assets – 27 – 38
Sundry operating expenses – 222 – 261
Other operating expenses – 874 – 1,016
Other operating income and expenses – 33 – 187
Other operating income and expenses
Other operating income includes public-sector grants of € 73 million (2012: € 19 million).
Net interest result
Result from equity accounted investments
The profit from equity accounted investments
amounted to € 398 million (2012: € 271 million) and in-
cludes the results from the BMW Group’s interests in
the joint ventures BMW Brilliance Automotive Ltd.,
Shenyang, SGL Automotive Carbon Fibers GmbH &
Co. KG, Munich, SGL Automotive Carbon Fibers Ver-
waltungs GmbH, Munich, and SGL Automotive Carbon
Fibers LLC, Dover, DE. Similarly, the BMW Group’s
share of earnings of the joint ventures DriveNow
GmbH & Co. KG, Munich, and DriveNow Verwaltungs
GmbH, Munich, is also included in the result from eq-
uity accounted investments.
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in € million 2 013 2012*
Net interest income on the net defined benefit liability for pension plans – –
Other interest and similar income 184 224
thereof from subsidiaries: € 20 million (2012: €19 million)
Interest and similar income 184 224
Net interest expense on the net defined benefit liability for pension plans – 127 – 90
Expense from reversing the discounting of other long-term provisions – 5 – 74
Write-downs on current marketable securities – 7 –
Other interest and similar expenses – 310 – 211
thereof to subsidiaries: € – 6 million (2012: € – 7 million)
Interest and similar expenses – 449 – 375
Net interest result – 265 – 151
* Prior year figures have been adjusted in accordance with the revised version of IAS 19, see note 7.
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