BMW 2015 Annual Report Download - page 118
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118
2015 2014
Net profit for the year after minority interest € million 6,369.4 5,798.1
Profit attributable to common stock € million 5,839.6 5,317.7
Profit attributable to preferred stock € million 529.8 480.4
Average number of common stock shares in circulation number 601,995,196 601,995,196
Average number of preferred stock shares in circulation number 54,499,460 54,259,767
Basic earnings per share of common stock € 9.70 8.83
Basic earnings per share of preferred stock € 9.72 8.85
Dividend per share of common stock € 3.20* 2.90
Dividend per share of preferred stock € 3.22* 2.92
* Proposal by management.
Earnings per share
17
Personnel expenses include € 48 million (2014: € 42
mil-
lion) of expenditure incurred to adjust the workforce size.
The average number of employees during the year
was:
Basic earnings per share of preferred stock are
com-
puted on the basis of the number of preferred stock
shares entitled to receive a dividend in each of the
The number of employees at the end of the reporting period is disclosed in the Combined Management Report.
Other disclosures relating to the income statement
Personnel expenses
The income statement includes personnel costs as follows:
relevant financial years. As in the previous year, diluted
earnings per share correspond to basic earnings per
share.
2015 2014
Employees 111,905 105,743
thereof 214 (2014: 186) at proportionately-consolidated entities
Apprentices and students gaining work experience 7,783 7,560
thereof 2 (2014: 2) at proportionately-consolidated entities
Average number of employees 119,688 113,303
in € million 2015 2014
Wages and salaries 8,887 8,094
Social security, retirement and welfare costs 1,983 1,670
thereof pension costs: € 1,250 million (2014: € 991 million)
Personnel expenses 10,870 9,764
18
90 GROUP FINANCIAL STATEMENTS
90 Income Statements
90 Statement of
Comprehensive Income
92 Balance Sheets
94 Cash Flow Statements
96 Group Statement of Changes in
Equity
98 Notes
98 Accounting Principles and
Policies
113 Notes to the Income Statement
121 Notes to the Statement
of Comprehensive Income
122
Notes to the Balance Sheet
147 Other Disclosures
163 Segment Information