BMW 2015 Annual Report Download - page 86
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86
18 COMBINED MANAGEMENT REPORT
18
General Information on the
BMW
Group
18 Business Model
20 Management System
23 Report on Economic Position
23 General and Sector-specific
Environment
27 Overall Assessment by Management
27
Financial and Non-financial
Performance Indicators
29 Review of Operations
49 Results of Operations, Financial
Position and Net Assets
59 Comments on Financial Statements
of BMW AG
62 Events after the End of the
Reporting Period
63 Report on Outlook, Risks and
Opportunities
63 Outlook
68 Report on Risks and Opportunities
81 Internal Control System and Risk
Management System Relevant for
the
Financial Reporting Process
83 Disclosures Relevant for Takeovers
and Explanatory Comments
87
BMW Stock and Capital Markets
– In accordance with the agreement between BMW AG,
Daimler AG and AUDI AG pertaining to the acqui-
sition
of entities of the HERE Group and the related
foundation of There Holding B.V., each contractual
party is required to offer its shares in There Holding
B.V. for sale to the other shareholders in the event
of a change in control. If neither of the other two
parties acquire these shares, these other parties are
entitled to resolve that There Holding B.V. be dis-
solved.
Compensation agreements with members of the
Board of Management or with employees in the event
of a takeover bid
The BMW Group has not concluded any compensation
agreements with members of the Board of Management
or with employees for situations involving a takeover
offer.