BMW 2013 Annual Report Download - page 93

93 GROUP FINANCIAL STATEMENTS
Automotive Financial Services
(unaudited supplementary information) (unaudited supplementary information)
2013 2012
1, 2
2013 2012 2
4,408 4,717 1,112 1,016 Net profit
Reconciliation between net profit and cash inflow / outflow from operating activities
2,516 3,026 – 137 – 104 Current tax
153 104 – 3 3 –3 Other interest and similar income / expenses
3,745 3,679 20 38 Depreciation and amortisation of other tangible, intangible and investment assets
373 267 153 – 2 Change in provisions
109 23 – 2,895 – 2,256 Change in leased products
– – – 4,501 – 3,988 Change in receivables from sales financing
– 239 – 391 678 497 Change in deferred taxes
– 55 265 54 – 13 Other non-cash income and expense items
– 22 – 14 – – 2 Gain / loss on disposal of tangible and intangible assets and marketable securities
– 398 – 271 – – Result from equity accounted investments
1,015 1,622 24 18 Changes in working capital
– 226 – 54 4 – Change in inventories
53 722 – 25 19 Change in trade receivables
1,188 954 45 – 1 Change in trade payables
141 – 1,918 269 743 Change in other operating assets and liabilities
– 2,487 – 2,191 – 132 – 139 Income taxes paid
191 249 – 3 –3 Interest received
9,450 9,167 – 5,358 – 4,192 Cash inflow / outflow from operating activities
– 6,575 – 5,074 – 9 – 37 Investment in intangible assets and property, plant and equipment
15 35 7 7 Proceeds from the disposal of intangible assets and property, plant and equipment
– 528 – 384 – – Expenditure for investments
137 65 163 – Proceeds from the disposal of investments
– 3,445 – 1,167 – 179 – 97 Cash payments for the purchase of marketable securities
2,908 995 342 95 Cash proceeds from the sale of marketable securities
– 7,488 – 5,530 324 – 32 Cash inflow / outflow from investing activities
– – – – Issue / buy-back of treasury shares
17 19 – – Payments into equity
– 1,653 – 1,516 – – Payment of dividend for the previous year
– 582 – 833 3,844 1,505 Intragroup financing and equity transactions
– 149 – 157 – 3 –3 Interest paid
– – 1,099 1,189 Proceeds from the issue of bonds
– – – 1,383 – 842 Repayment of bonds
85 600 6,015 6,523 Proceeds from new non-current other financial liabilities
– 26 – 127 – 4,940 – 5,101 Repayment of non-current other financial liabilities
125 35 517 231 Change in current other financial liabilities
– 489 – 4 – – Change in commercial paper
– 2,672 – 1,983 5,152 3,505 Cash inflow / outflow from financing activities
– 53 – 11 – 36 – 3 Effect of exchange rate on cash and cash equivalents
47 12 – 1 Effect of changes in composition of Group on cash and cash equivalents
– 716 1,655 82 – 721 Change in cash and cash equivalents
7,484 5,829 797 1,518 Cash and cash equivalents as at 1 January
6,768 7,484 879 797 Cash and cash equivalents as at 31 December