BMW 2002 Annual Report Download - page 54

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53
in euro million Notes Group Industrial operations1]Financial operations1]
2002 2001 2002 2001 2002 2001
Revenues [8]42,282 38,463 39,706 35,318 8,476 8,162
Cost of sales [9]31,542  28,727  29,952  26,837 7,061  6,855
Gross profit 10,740 9,736 9,754 8,481 1,415 1,307
Sales and administrative costs [10] 4,903  4,647  4,571  4,315  544  528
Research and development costs [11] 2,011 1,663  2,011 1,663
Other operating income and expenses [12 ] 448 70 146 228  321  315
Profit before financial result 3,378 3,356 3,026 2,731 550 464
Financial result [13 ]81 114 53 34 19 72
Profit from ordinary activities 3,297 3,242 2,973 2,697 531 392
Income taxes [14]1,277 1,376 1,173 1,195 180 145
Minority interest [15]0000
Net profit 2,020 1,866 1,800 1,502 351 247
Earnings per share
of common stock in euro [16]3.00 2.78
Earnings per share
of preferred stock in euro [16]3.02 2.80
1]before consolidation of transactions between the sub-groups
BMW Group
Group and sub-group Income Statements