BMW 2014 Annual Report Download - page 95

95 GROUP FINANCIAL STATEMENTS
Automotive Financial Services
(unaudited supplementary information) (unaudited supplementary information)
2014 2013
1
2014 2013
1
4,521 4,408 1,198 1,101 Net profit
Reconciliation between net profit and cash inflow / outflow from operating activities
2,786 2,516 – 40 9 Current tax
159 154 242 17 2 Other interest and similar income / expenses
4,230 3,747 29 20 Depreciation and amortisation of other tangible, intangible and investment assets
1,034 374 109 153 Change in provisions
15 109 – 3,309 – 2,895 Change in leased products
– – – 3,898 – 4,501 Change in receivables from sales financing
– 124 – 239 383 523 Change in deferred taxes
– 5 – 56 14 54 Other non-cash income and expense items
– 54 – 21 8 – Gain / loss on disposal of tangible and intangible assets and marketable securities
– 655 – 407 – – Result from equity accounted investments
– 552 1,018 70 24 Changes in working capital
– 907 – 229 – 4 Change in inventories
371 53 14 – 25 Change in trade receivables
– 16 1,194 56 45 Change in trade payables
419 657 858 269 Change in other operating assets and liabilities
– 2,531 – 2,487 – 161 – 132 Income taxes paid
180 191 –2 –2 Interest received
9,423 9,964 – 4,715 – 5,358 Cash inflow / outflow from operating activities
– 6,021 – 6,599 – 9 – 9 Investment in intangible assets and property, plant and equipment
36 15 – 7 Proceeds from the disposal of intangible assets and property, plant and equipment
– 134 – 514 – – Expenditure for investments
177 137 – 163 Proceeds from the disposal of investments
– 3,775 – 3,945 – 458 – 179 Investments in marketable securities and term deposits
3,881 2,908 170 342 Proceeds from the sale of marketable securities and from matured term deposits
– 5,836 – 7,998 – 297 324 Cash inflow / outflow from investing activities
– – – – Issue / buy-back of treasury shares
15 17 – – Payments into equity
– 1,715 – 1,653 – – Payment of dividend for the previous year
– 4,299 – 582 4,094 3,844 Intragroup financing and equity transactions
– 136 – 150 –2 –2 Interest paid
– – 1,009 1,099 Proceeds from the issue of bonds
– – – 733 – 1,383 Repayment of bonds
452 85 5,298 6,015 Proceeds from new non-current other financial liabilities
– 41 – 26 – 4,814 – 4,940 Repayment of non-current other financial liabilities
1,042 125 1,073 517 Change in current other financial liabilities
– – 489 – – Change in commercial paper
– 4,682 – 2,673 5,927 5,152 Cash inflow / outflow from financing activities
70 – 53 – 11 – 36 Effect of exchange rate on cash and cash equivalents
2 47 – – Effect of changes in composition of Group on cash and cash equivalents
– 1,023 – 713 904 82 Change in cash and cash equivalents
6,775 7,488 879 797 Cash and cash equivalents as at 1 January
5,752 6,775 1,783 879 Cash and cash equivalents as at 31 December