Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — Bayerische Motoren Werke Aktiengesellschaft — Q3 2023 Earnings Presentation
44 slides from Bayerische Motoren Werke's earnings presentation, Nov 3, 2023
Slide 1: Quarterly Statement 30 September 2023
30 SEPTEMBER 2023 Q U A R T E R LY S T A T E M E N T
Slide 2: Contents
2 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information CONTENTS 3 BMW Group at a Glance 10 Interim Group M anagement Report 31 Interim Group F inancial S tatements 41 Other Information
Slide 3: BMW Group at a Glance
3 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW GROUP AT A G L A N C E 4 BMW Group in Figures
Slide 4: BMW Group in Figures: Key Performance Indicators
4 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures BMW GROUP IN FIGURES K E Y P E R F O R M A N C E I N D I C AT O R S 3rd quarter 2023 3rd quarter 2022 Change in % GROUP Profit before t
Slide 5: Further Performance Figures
5 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 3rd quarter 2023 3rd quarter 2022 Change in % AUTOMOTIVE SEGMENT Deliveries BMW units 549,941 517,638 6.2 M
Slide 6: Other Performance Figures
6 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures OTHER PERFORMANCE FIGURES 3rd quarter 2023 3rd quarter 2022 Change in % Free cash flow Automotive segment € million 2,618 2,106 24.3 Gr
Slide 7: Key Performance Indicators, January to September
7 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures K E Y P E R F O R M A N C E I N D I C AT O R S 1 January to 1 January to 30 September 2023 30 September 2022 Change in % GROUP Profit b
Slide 8: Other Performance Figures, January to September
8 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures OTHER PERFORMANCE FIGURES 1 January to 1 January to 30 September 2023 30 September 2022 Change in % AUTOMOTIVE SEGMENT Deliveries BMW 1
Slide 9: Other Performance Figures, January to September
9 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures OTHER PERFORMANCE FIGURES 1 January to 1 January to 30 September 2023 30 September 2022 Change in % Free cash flow Automotive segment €
Slide 10: Interim Group Management Report
10 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information INTERIM GROUP M A N A G E M E N T R E P O R T 11 Financial Performance 11 General Economic Environment 12 Group Overview 16 Automotive Segment 23 Financia
Slide 11: Financial Performance: General Economic Environment
11 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance FINANCIAL PERFORMANCE 11 General Economic Environment 12 Group Overview 16 Automotive Segment 23 Financial Services Segment 25 Other
Slide 12: Group Overview
12 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment GROUP OVERVIEW 12 Group Overview 16 Automotive Segment BMW Group maintains leading position in premiu
Slide 13: Good nine-month performance by BMW Group
13 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Good nine-month performance by BMW Group costs recognised as assets between January and September was
Slide 14: Research and development expenses; share buyback programme
14 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment BMW Group research and development expenses 12 Group Overview 16 Automotive Segment 1 January to 1 Ja
Slide 15: Financing activities
15 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Financing activities 12 Group Overview During the nine-month period ended 30 September 2023, the BMW
Slide 16: Automotive Segment
16 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment AUTOMOTIVE SEGMENT 12 Group Overview 16 Automotive Segment 3rd quarter 2023 3rd quarter 2022 Change i
Slide 17: Rolls-Royce and electrified vehicle deliveries
17 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment end of production of the Rolls-Royce Dawn 1 and the Rolls-Royce Wraith 1 BMW Group – deliveries of el
Slide 18: Deliveries by region: Asia
18 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment In Asia, third-quarter deliveries totalled 272,255 units and were therefore at 12 Group Overview a si
Slide 19: BMW brand all-electric deliveries doubled
19 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment BMW brand: deliveries of all-electric vehicles doubled yet again Deliveries of BMW vehicles by model
Slide 20: MINI: electrified driving pleasure
20 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment MINI: electrified driving pleasure Segment cost of sales totalling € 26,841 million was lower than in
Slide 21: Good nine-month period for Automotive segment
21 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Good nine-month period for Automotive segment Selling and administrative expenses went up by € 313 mi
Slide 22: Automotive segment free cash flow and net financial assets
22 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Automotive segment – free cash flow for the period from 1 January Automotive segment – net financial
Slide 23: Financial Services Segment
23 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment FINANCIAL SERVICES SEGMENT 12 Group Overview 16 Automotive Segment 23 Financial Services Segment 3rd
Slide 24: Financial Services new business and earnings
24 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Compared to the same quarter one year earlier, the total volume of new first nine months of 2023, 37.
Slide 25: Other Entities Segment and Eliminations
25 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment OTHER ENTITIES SEGMENT A N D E L I M I N AT I O N S 12 Group Overview 16 Automotive Segment 23 Finan
Slide 26: Outlook, Risk and Opportunity Management: Outlook
26 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management O U T LO O K , R I S K A N D O P P O R T U N I T Y M A N A G E M E N T 11 General Economic Environment 12 Group Ov
Slide 27: Outlook: market prices, supply chain and risks
27 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment Selling prices continue to be at high levels on the world’s new and pre- Uncertain
Slide 28: Outlook: all-electric share and Group profit before tax
28 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment In view of the increasing focus on all-electric vehicles, from the financial year
Slide 29: BMW Group key performance indicators forecast
29 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment The BMW Group key performance indicators 12 Group Overview Based on current knowle
Slide 30: Risk and Opportunity Management
30 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment RISK AND OPPORTUNITY M A N A G E M E N T 12 Group Overview 16 Automotive Segment
Slide 31: Interim Group Financial Statements
31 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information INTERIM GROUP F I N A N C I A L S TAT E M E N T S 32 I ncome Statement for Group and S egments for the period from 1 July to 30 September 34 I ncome St
Slide 32: Income Statement, 1 July to 30 September (Group, Automotive, Motorcycles)
32 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments I N C O M E S TAT E M E N T F O R G R O U P A N D S E G M E N T S F O R T H E P E R I O D F R O M 1 J U LY T O 3
Slide 33: Income Statement, 1 July to 30 September (Financial Services, Other, Eliminations)
33 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments I N C O M E S TAT E M E N T F O R G R O U P A N D S E G M E N T S F O R T H E P E R I O D F R O M 1 J U LY T O 3
Slide 34: Income Statement, 1 January to 30 September (Group, Automotive, Motorcycles)
34 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments I N C O M E S TAT E M E N T F O R G R O U P A N D S E G M E N T S FOR THE PERIOD FROM 1 JANUARY TO 30 SEPTEMBER
Slide 35: Income Statement, 1 January to 30 September (Financial Services, Other, Eliminations)
35 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments I N C O M E S TAT E M E N T F O R G R O U P A N D S E G M E N T S FOR THE PERIOD FROM 1 JANUARY TO 30 SEPTEMBER
Slide 36: Balance Sheet at 30 September 2023: Assets (Group, Automotive, Motorcycles)
36 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 3 Group Automotive Motorcycles in € million 30.9.2
Slide 37: Balance Sheet at 30 September 2023: Assets (Financial Services, Other, Eliminations)
37 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 3 Financial Services Other Entities Eliminations i
Slide 38: Balance Sheet: Equity and Liabilities (Group, Automotive, Motorcycles)
38 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 3 Group Automotive Motorcycles in € million 30.9.2
Slide 39: Balance Sheet: Equity and Liabilities (Financial Services, Other, Eliminations)
39 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 3 Financial Services Other Entities Eliminations i
Slide 40: Condensed Cash Flow Statement for Group and Segments
40 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Condensed Cash Flow Statement for Group and Segments C O N D E N S E D C A S H F L O W S TAT E M E N T FOR GROUP AND SEGMENTS FOR THE PERIOD FROM 1 JANUARY
Slide 41: Other Information
41 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information O T H E R I N F O R M AT I O N 42 Consumption and Carbon Disclosures 44 Contacts
Slide 42: Consumption and Carbon Disclosures: BMW
42 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Consumption and Carbon Disclosures CO N S U M PT I O N A N D CA R B O N D I S C LO S U R E S Figures according to WLTP Electricity power Fuel consumption C
Slide 43: Consumption and Carbon Disclosures: MINI and Rolls-Royce
43 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Consumption and Carbon Disclosures CO N S U M PT I O N A N D CA R B O N D I S C LO S U R E S Figures according to WLTP Electricity power Fuel consumption C
Slide 44: Contacts
44 BMW Group Quarterly Statement 2023 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Contacts C O N TA C T S BUSINESS AND FINANCE PRESS THE BMW GROUP ON THE INTERNET PUBLISHED BY Telephone +49 89 382-2 45 44 Further information about the BM
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