BMW 2011 Annual Report Download - page 81

81 GROUP FINANCIAL STATEMENTS
Automotive Financial Services
(unaudited supplementary information) (unaudited supplementary information)
2011 20101 2011 20101
(adjusted) (adjusted)
4,991 2,607 737 768 Net profit
Reconciliation between net profit and cash inflow / outflow from operating activities
2,726 1,145 86 277 Current tax
95 150 103 23 Other interest and similar income / expenses
3,564 3,762 20 22 Depreciation and amortisation of other tangible, intangible and investment assets
577 869 – 156 – 49 Change in provisions
29 5 – 1,311 348 Change in leased products
– – – 2,837 – 4,616 Change in receivables from sales financing
– 707 27 804 440 Change in deferred taxes
– 79 116 – 9 – 648 Other non-cash income and expense items
– 4 1 1 Gain / loss of tangible and intangible assets and marketable securities
– 164 – 98 – – Result from equity accounted investments
Changes in working capital
– 1,685 – 1,163 – 2 1 Change in inventories
– 886 – 364 101 – 43 Change in trade receivables
981 1,153 – 16 47 Change in trade payables
– 146 999 435 – 176 Change in other operating assets and liabilities
– 2,453 – 1,199 – 171 – 147 Income taxes paid
234 136 –
3 –
3 Interest received
7,077 8,149 – 2,308 – 3,773 Cash inflow / outflow from operating activities
– 3,565 – 3,183 – 25 – 10 Investment in intangible assets and property, plant and equipment
50 59 6 1 Proceeds from the disposal of intangible assets and property, plant and equipment
– 1,201 – 577 – – Expenditure for investments
– 249 – 104 – Net cash in acquiring ICL Group
21 23 – – Proceeds from the disposal of investments
– 1,866 – 2,620 – 113 – 103 Cash payments for the purchase of marketable securities
1,085 757 232 41 Cash proceeds from the sale of marketable securities
– 5,725 – 5,541 204 – 71 Cash inf low / outflow from investing activities
16 18 – – Payments into equity
– 852 – 197 – – Payment of dividend for the previous year
– 244 – 212 –
3 –
3 Interest paid
– – 653 2,361 Proceeds from the issue of bonds
– – 52 – 925 – 364 Repayment of bonds
– 633 2,703 – 610 204 Internal financing
316 – 2,117 3,229 68 Change in other financial liabilities
299 – 1,519 – – Change in commercial paper
– 1,098 – 1,376 2,347 2,269 Cash inflow / outflow from financing activities
–10 22 – 6 –1 Effect of exchange rate on cash and cash equivalents
– – 54 – Effect of changes in composition of Group on cash and cash equivalents
244 1,254 291 – 1,576 Change in cash and cash equivalents
5,585 4,331 1,227 2,803 Cash and cash equivalents as at 1 January
5,829 5,585 1,518 1,227 Cash and cash equivalents as at 31 December