BMW 2006 Annual Report Download - page 111

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110 Group Financial Statements
65 Group Financial Statements
65 Income Statements
66 Balance Sheets
68 Cash Flow Statements
70 Group Statement of
Changes in Equity
71 Statement of Income and
Expenses recognised directly
in Equity
72 Notes
72 – Accounting Principles
and Policies
79 – Notes to the Income Statement
86 – Notes to the Balance Sheet
104 – Other Disclosures
111 – Segment Information
Pension obligations to former members of the
Board of Management and their surviving dependants
are fully covered by pension provisions amounting
to euro 38.8 million (2005: euro 37.0 million), com-
puted in accordance with IAS 19.
The names of the members of the Supervisory
Board and of the Board of Management are disclosed
on pages 116 to 119.
Further details about the remuneration of cur-
rent members of the Board of Management and of
the Supervisory Board can be found in the compen-
sation report on pages 121 to 124.The compensa-
tion report is sub-section of the management report.
The remuneration of former Board members
and their surviving dependants amounted to euro
3.8 million (2005: euro 2.6 million).
–BMW Leasing GmbH, Munich
–BMW M GmbH Gesellschaft für individuelle Auto-
mobile, Munich
–BMW Vertriebs GmbH, Munich
–BMW Vertriebs GmbH & Co. oHG, Dingolfing
– Rolls-Royce Motor Cars GmbH, Munich
In addition, the following entities also apply the ex-
emption available in §264 (3) and §264b HGB with
regard to publication:
– Alphabet Fuhrparkmanagement GmbH, Munich
–BMW Leasing GmbH, Munich
–BMW Vertriebs GmbH, Munich
–BMW Vertriebs GmbH & Co. oHG, Dingolfing
Application of exemptions pursuant to § 264 (3)
and § 264 b HGB
A number of companies and incorporated partner-
ships (as defined by §264a HGB) which are affiliated
and consolidated entities of BMW AG and for which
the
consolidated financial statements of BMW AG
represent exempting consolidated financial state-
ments, apply the exemptions available in §264 (3)
and §264b HGB with regard to the drawing up of
a management report. The exemptions have been
applied by:
– Alphabet Fuhrparkmanagement GmbH, Munich
–BMW Ingenieur-Zentrum GmbH + Co., Dingolfing
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