BMW 2009 Annual Report Download - page 166

164
162 Other Information
162 BMW AG Principal Subsidiaries
164 BMW Group Ten-year Comparison
166 BMW Group Locations
168 Glossary
170 Index
172 Index of graphs
173 Financial Calendar
174 Contacts
2009 2008 2007 2006
Deliveries to customers
Automobiles3 units 1,286,310 1,435,876 1,500,678 1,373,970
Motorcycles4 units 87,306 101,685 102,467 100,064
Production
Automobiles3 units 1,258,417 1,439,918 1,541,503 1,366,838
Motorcycles5 units 82,631 104,220 104,396 103,759
Financial Services
Contract portfolio contracts 3,085,946 3,031,935 2,629,949 2,270,528
Business volume (based on balance sheet carrying amounts)6 euro million 61,202 60,653 51,257 44,010
Income Statement
Revenues euro million 50,681 53,197 56,018 48,999
Gross profit margin Group7 % 10.5 11.4 21.8 23.1
Profit before financial result euro million 289 921 4,212 4,050
Profit before tax euro million 413 351 3,873 4,124
Return on sales (earnings before tax / revenues) % 0.8 0.7 6.9 8.4
Income taxes euro million 203 21 739 1,250
Effective tax rate % 49.2 6.0 19.1 30.3
Net profit for the year euro million 210 330 3,134 2,874
Balance Sheet
Non-current assets euro million 62,009 62,416 56,619 50,514
Current assets euro million 39,944 38,670 32,378 28,543
Equity euro million 19,915 20,273 21,744 19,130
Equity ratio Group % 19.5 20.1 24.4 24.2
Non-current provisions and liabilities euro million 45,119 41,526 33,469 31,372
Current provisions and liabilities euro million 36,919 39,287 33,784 28,555
Balance sheet total euro million 101,953 101,086 88,997 79,057
Cash Flow Statement
Cash and cash equivalents at balance sheet date euro million 7,767 7,454 2,393 1,336
Operating cash flow8 euro million 4,921 4,471 6,246 5,373
Capital expenditure euro million 3,471 4,204 4,267 4,313
Capital expenditure ratio (capital expenditure / revenues) % 6.8 7.9 7.6 8.8
Personnel
Workforce at the end of year9 96,230 100,041 107,539 106,575
Personnel cost per employee euro 72,349 75,612 76,704 76,621
Dividend
Dividend total euro million 197 197 694 458
Dividend per share of common stock / preferred stock euro 0.30 / 0.32 0.30 / 0.32 1.06 / 1.08 0.70 / 0.72
1
adjusted for new accounting treatment of pension obligations
2
reclassified after harmonisation of internal and external reporting systems
3
including Rover Cars up to 9 May 2000 and Land Rover up to 30 June 2000
4
excluding C1, sales volume to 2003: 32,859 units, excluding Husqvarna Motorcycles (13,052 motorcycles)
5
from 2006 including BMW G 650 X assembly by Piaggio S. p. A. / excluding C1 production by Bertone, production volume C1 up to 2002: 33,489 units, excluding
Husqvarna Motorcycles (10,612 motorcycles)
6
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
7
research and development costs included in cost of sales with the effect from 2008
8
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.
9
Figures exclude dormant employment contracts, employees in the non-work phases of pre-retirement part-time arrangements and low wage earners.
10 adjustment to dividend due to buy-back of treasury shares
BMW Group Ten-year Comparison