BMW 2010 Annual Report Download - page 168

166
166 OTHER INFORMATION
166 BMW Group Ten-year Comparison
168 BMW Group Locations
170 Glossary
172 Index
174 Index of Graphs
175 Financial Calendar
176 Contacts
2010 2009 2008 2007
Deliveries to customers
Automobiles units 1,461,166 1,286,310 1,435,876 1,500,678
Motorcycles3 units 110,113 100,358 115,196 102,467
Production
Automobiles units 1,481,253 1,258,417 1,439,918 1,541,503
Motorcycles4 units 112,271 93,243 118,452 104,396
Financial Services
Contract portfolio contracts 3,190,353 3,085,946 3,031,935 2,629,949
Business volume (based on balance sheet carrying amounts)5 euro million 66,233 61,202 60,653 51,257
Income Statement
Revenues euro million 60,477 50,681 53,197 56,018
Gross profit margin Group6 % 18.0 10.5 11.4 21.8
Profit before financial result euro million 5,094 289 921 4,212
Profit before tax euro million 4,836 413 351 3,873
Return on sales (earnings before tax / revenues) % 8.0 0.8 0.7 6.9
Income taxes euro million 1,602 203 21 739
Effective tax rate % 33.1 49.2 6.0 19.1
Net profit for the year euro million 3,234 210 330 3,134
Balance Sheet
Non-current assets euro million 65,716 62,009 62,416 56,619
Current assets euro million 43,151 39,944 38,670 32,378
Equity euro million 23,100 19,915 20,273 21,744
Equity ratio Group % 21.2 19.5 20.1 24.4
Non-current provisions and liabilities euro million 45,633 45,119 41,526 33,469
Current provisions and liabilities euro million 40,134 36,919 39,287 33,784
Balance sheet total euro million 108,867 101,953 101,086 88,997
Cash Flow Statement
Cash and cash equivalents at balance sheet date euro million 7,432 7,767 7,454 2,393
Operating cash flow7 euro million 8,150 4,921 4,471 6,246
Capital expenditure euro million 3,263 3,471 4,204 4,267
Capital expenditure ratio (capital expenditure / revenues) % 5.4 6.8 7.9 7.6
Personnel
Workforce at the end of year8 95,453 96,230 100,041 107,539
Personnel cost per employee euro 83,141 72,349 75,612 76,704
Dividend
Dividend total euro million 852 197 197 694
Dividend per share of common stock / preferred stock euro 1.30 /1.32 0.30 / 0.32 0.30 / 0.32 1.06 / 1.08
1 adjusted for new accounting treatment of pension obligations
2 reclassified after harmonisation of internal and external reporting systems
3 excluding C1, sales volume to 2003: 32,859 units, including Husqvarna Motorcycles
4 excluding C1 production by Bertone, production volume C1 up to 2002: 33,489 units, including Husqvarna Motorcycles
5 amount computed on the basis of balance sheet figures: until 2007 from the Group balance sheet, from 2008 onwards from the Financial Services segment balance sheet
6 research and development costs included in cost of sales with the effect from 2008
7 Figures are reported in the cash flow statement up to 2006 as cash inflow from operating activities of Industrial Operations and from 2007 as cash inflow from
operating activities of the Automobiles segment.
8 Figures exclude dormant employment contracts, employees in the non-work phases of pre-retirement part-time arrangements and low wage earners.
9 adjustment to dividend due to buy-back of treasury shares
OTHER INFORMATION
BMW Group Ten-year Comparison