Bayerische Motoren Werke Ag · XETR:BMW

Bayerische Motoren Werke — BMW Group — Q3 2011 Earnings Presentation

18 slides from Bayerische Motoren Werke's earnings presentation, Nov 3, 2011

  1. Slide 1: BMW Group Quarterly Report to 30 September 2011

    BMW GROUP QUARTERLY REPORT T0 30 SEPTEMBER 2011

  2. Slide 2: Summary

    SUMMARY. • Dynamic unit sales result in a very positive earnings trend. • Group revenues third quarter 2011: euro 16,547 million (+3.8%). • Group profit before tax in the third quarter 2011: euro 1,644 million. • Group liquidity with euro 10.9 billion still on a solid level. • Profit before financia

  3. Slide 3: Group Key Figures, Third Quarter 2011

    GROUP KEY FIGURES, THIRD QUARTER 2011. 2011 2010 Change Euro million 1 July- 30 Sept. 1 July- 30 Sept. in % Revenues 16,547 15,940 3.8 Earnings before interest and tax (EBIT) 1,716 1,192 44.0 Automobiles 1,819 1,152 57.9 Motorcycles -16 2 . Financial Services 364 308 18.2 Other entities -153 0 . Eli

  4. Slide 4: Group Key Figures, First Nine Months 2011

    GROUP KEY FIGURES, FIRST NINE MONTHS 2011. 2011 2010 Change Euro million 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. in % Revenues 50,472 43,731 15.4 Earnings before interest and tax (EBIT) 6,474 3,358 92.8 Automobiles 5,935 2,760 . Motorcycles 62 88 -29.5 Financial Services 1,506 900 67.3 Other entities -115

  5. Slide 5: Revenues by Segment, Third Quarter 2011

    REVENUES BY SEGMENT, THIRD QUARTER 2011. 2011 2010 Change Euro million 1 July- 30 Sept. 1 July- 30 Sept. in % BMW Group 16,547 15,940 3.8 Automobiles 15,344 14,210 8.0 Motorcycles 334 291 14.8 Financial Services 4,276 4,278 . Other Entities 1 1 . Eliminations -3,408 -2,840 -20.0 Quarterly Report Q3-

  6. Slide 6: Revenues by Segment, First Nine Months 2011

    REVENUES BY SEGMENT, FIRST NINE MONTHS 2011. 2011 2010 Change Euro million 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. in % BMW Group 50,472 43,731 15.4 Automobiles 46,391 38,551 20.3 Motorcycles 1,181 1,081 9.3 Financial Services 12,640 12,480 1.3 Other Entities 3 3 . Eliminations -9,743 -8,384 -16.2 Quarter

  7. Slide 7: EBIT-Margin and Return on Sales, Third Quarter 2011

    EBIT-MARGIN AND RETURN ON SALES, THIRD QUARTER 2011. EBIT-Margin ¹ 2011 2010 in % 1 July- 30 Sept. 1 July- 30 Sept. BMW Group 10.4 7.5 Automobiles 11.9 8.1 Motorcycles -4.8 0.7 Financial Services 8.5 7.2 Return on Sales 2 2011 2010 in % 1 July- 30 Sept. 1 July- 30 Sept. BMW Group 9.9 8.5 Automobiles

  8. Slide 8: EBIT-Margin and Return on Sales, First Nine Months 2011

    EBIT-MARGIN AND RETURN ON SALES, FIRST NINE MONTHS 2011. EBIT-Margin ¹ 2011 2010 in % 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. BMW Group 12.8 7.7 Automobiles 12.8 7.2 Motorcycles 5.2 8.1 Financial Services 11.9 7.2 Return on Sales 2 2011 2010 in % 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. BMW Group 12.2 7.2 Automo

  9. Slide 9: Group Income Statement, Third Quarter 2011

    GROUP INCOME STATEMENT, THIRD QUARTER 2011. 2011 2010 Change Euro million 1 July – 30 Sept. 1 July – 30 Sept. in % Revenues 16,547 15,940 3.8 Cost of sales -13,167 -13,290 -0.9 Gross profit 3,380 2,650 27.5 Sales and administrative costs -1,502 -1,355 10.8 Other operating income 221 200 10.5 Other o

  10. Slide 10: Group Income Statement, First Nine Months 2011

    GROUP INCOME STATEMENT, FIRST NINE MONTHS 2011. 2011 2010 Change Euro million 1 Jan. – 30 Sept. 1 Jan. – 30 Sept. in % Revenues 50,472 43,731 15.4 Cost of sales -39,406 -36,132 9.1 Gross profit 11,066 7,599 45.6 Sales and administrative costs -4,352 -3,996 8.9 Other operating income 540 573 -5.8 Oth

  11. Slide 11: Group Cash Flow Statement, First Nine Months 2011

    GROUP CASH FLOW STATEMENT, FIRST NINE MONTHS 2011. 2011 2010 Euro million 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. Cash inflow from operating activities 12,373 8,482 Cash outflow from investing activities -9,231 -7,071 Cash inflow/ outflow from financing activities -1,975 -2,226 Effect of exchange rate and

  12. Slide 12: Free Cash Flow Automobiles Segment, First Nine Months 2011

    FREE CASH FLOW AUTOMOBILES SEGMENT, FIRST NINE MONTHS 2011. 2011 2010 Euro million 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. Cash inflow from operating activities 5,761 4,172 Cash outflow from investing activities -3,565 -3,704 Net investment in marketable securities 839 1,663 investment (+) / sales (–) Fre

  13. Slide 13: Net Interest-Bearing Assets Automobiles Segment

    NET INTEREST-BEARING ASSETS AUTOMOBILES SEGMENT. + 5,127 + 563 -1,123 31.12.2010 Euro million Internal net financial Financial Receivables from liabilities + 1,134 Other Entities + 5,585 Segment Internal net financial 11,286 Marketable Receivables from securities Financial Services Segment Cash and

  14. Slide 14: Deliveries to Customers, Third Quarter 2011

    DELIVERIES TO CUSTOMERS, THIRD QUARTER 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 July – 30 Sept. 1 July – 30 Sept. in % BMW total 332,066 306,982 8.2 1er 34,587 47,862 -27.7 3er 95,150 96,581 -1.5 5er 79,858 60,949 31.0 6er 2,101 2,064 1.8 7er 17,078 16,638 2.6 X1 31,596 25,589 2

  15. Slide 15: Deliveries to Customers, First Nine Months 2011

    DELIVERIES TO CUSTOMERS, FIRST NINE MONTHS 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 Jan – 30 Sept. 1 Jan – 30 Sept. in % BMW total 1,021,927 892,737 14.5 1er 129,041 151,681 -14.9 3er 288,077 295,608 -2.5 5er 250,566 155,648 61.0 6er 5,314 5,149 3.2 7er 48,842 47,349 3.2 X1 94,2

  16. Slide 16: Deliveries to Customers by Region, Third Quarter 2011

    DELIVERIES TO CUSTOMERS BY REGION, THIRD QUARTER 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 July- 30 Sept. 1 July- 30 Sept. in % Europe 197,745 187,795 5.3 thereof Germany 65,402 59,313 10.3 North America 85,011 78,961 7.7 thereof USA 75,988 70,657 7.5 Asia 92,422 77,645 19.0 ther

  17. Slide 17: Deliveries to Customers by Region, First Nine Months 2011

    DELIVERIES TO CUSTOMERS BY REGION, FIRST NINE MONTHS 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 Jan.- 30 Sept. 1 Jan.- 30 Sept. in % Europe 635,403 577,626 10.0 thereof Germany 209,772 191,579 9.5 North America 245,903 215,940 13.9 thereof USA 219,962 192,569 14.2 Asia 282,476 206

  18. Slide 18: BMW Group Quarterly Report to 30 September 2011

    BMW GROUP QUARTERLY REPORT. TO 30 SEPTMEBER 2011. Download: http://www.bmwgroup.com/ir Quarterly Report Q3-2011, Investor Relations, 03 November 2011 Page 18

BMW Group — Q3 2011 Earnings Presentation on 6ix