BMW 2013 Annual Report Download - page 2
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Contents
3 BMW GROUP IN FIGURES
6 REPORT OF THE SUPERVISORY BOARD
14 STATEMENT OF THE CHAIRMAN OF THE
BOARD OF MANAGEMENT
18 COMBINED MANAGEMENT REPORT
18 General Information on the BMW Group
18 Business Model
20 Management System
23 Research and Development
24 Report on Economic Position
24 Overall Assessment by Management
24
General and Sector-specific Environment
27 Financial and Non-financial Performance Indicators
29 Review of Operations
47 Results of Operations, Financial Position and
Net Assets
62 Events after the End of the Reporting Period
63 Report on Outlook, Risks and Opportunities
63 Outlook
68 Risks Report
77 Report on Opportunities
81 Internal Control System and Risk Management System
Relevant for the Consolidated Financial Reporting Process
82 Disclosures Relevant forTakeovers
85 BMW Stock and Capital Market in 2013
88 GROUP FINANCIAL STATEMENTS
88 Income Statements for Group and Segments
88 Statement of Comprehensive Income for Group
90 Balance Sheets for Group and Segments
92 Cash Flow Statements for Group and Segments
94 Group Statement of Changes in Equity
96 Notes to the Group Financial Statements
96 Accounting Principles and Policies
114 Notes to the Income Statement
121 Notes to the Statement of
Comprehensive Income
122 Notes to the Balance Sheet
145 Other Disclosures
161 Segment Information
166 STATEMENT ON CORPORATE GOVERNANCE (§ 289 a HGB)
(Part of the Combined Management Report)
166 Information on the Company’s Governing Constitution
167 Declaration of the Board of Management
and of the Supervisory Board pursuant to § 161 AktG
168 Members of the Board of Management
169 Members of the Supervisory Board
172 Composition and Work Procedures of the Board of
Management of BMW AG and its Committees
174 Composition and Work Procedures of the Supervisory Board
of BMW AG and its Committees
179 Information on Corporate Governance
Practices Applied beyond Mandatory Requirements
180 Compliance in the BMW Group
185 Compensation Report
194 Responsibility Statement by the
Company’s Legal Representatives
195 Auditor’s Report
196 OTHER INFORMATION
196 BMW Group Ten-year Comparison
198 BMW Group Locations
200 Glossary
202 Index
204 Financial Calendar
205 Contacts