Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — Bayerische Motoren Werke Aktiengesellschaft — Q3 2022 Earnings Presentation
44 slides from Bayerische Motoren Werke's earnings presentation, Nov 3, 2022
Slide 1: Quarterly Statement
3 0 S EPTEM B ER 20 22 Q U A R T E R LY STATEMENT
Slide 2: Contents
2 BMW Group Quarterly Statement 2022 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 32 Interim Group F inancial S tatements 42 Other Information
Slide 3: BMW Group at a Glance
1 3 BMW Group Quarterly Statement 2022 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 Q3
4 BMW Group Quarterly Statement 2022 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 2022 3rd quarter 2021 Change in % GROUP Profit before t
Slide 5: Further Performance Figures Q3
5 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 3rd quarter 2022 3rd quarter 2021 Change in % AUTOMOTIVE SEGMENT Deliveries BMW 1 units 517,638 524,858 – 1
Slide 6: Further Performance Figures Q3 Financials
6 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 3rd quarter 2022 3rd quarter 2021 Change in % Free cash flow Automotive segment € million 2,106 1,397 50.8
Slide 7: Key Performance Indicators January to September
7 BMW Group Quarterly Statement 2022 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 2022 30 September 2021 Change in % GROUP Profit b
Slide 8: Further Performance Figures January to September
8 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 1 January to 1 January to 30 September 2022 30 September 2021 Change in % AUTOMOTIVE SEGMENT Deliveries BMW
Slide 9: Further Performance Figures January to September Financials
9 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information BMW Group in Figures FURTHER PERFORMANCE FIGURES 1 January to 1 January to 30 September 2022 30 September 2021 Change in % Free cash flow Automotive segment
Slide 10: Interim Group Management Report
10 BMW Group Quarterly Statement 2022 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 18 Automotive Segment 24 Financia
Slide 11: General Economic Environment
11 BMW Group Quarterly Statement 2022 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 18 Automotive Segment 24 Financial Services Segment 26 Other
Slide 12: Group Overview
12 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment GROUP OVERVIEW Due to the first-time consolidation of BMW Brilliance Automotive Ltd., 12 Group Overvi
Slide 13: BMW Brilliance Acquisition Consideration
13 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment The consideration paid for the additional 25 % stake totalled CNY 27,941 € million 12 Group Overview
Slide 14: Group Net Profit and First-Time Consolidation of BMW Brilliance
14 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment The remaining difference of € 1,197 million between the consideration Group net profit significantly
Slide 15: Group Cost of Sales
15 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Group cost of sales for the nine-month period totalled € 85,346 million 12 Group Overview (2021: € 66
Slide 16: Research and Development Expenses
16 BMW Group Quarterly Statement 2022 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 18 Automotive Segment 1 Januar to 1 Jan
Slide 17: Group Profit and Financing Activities
17 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Group profit for the nine-month period was reduced by the recognition Financing activities 12 Group O
Slide 18: Automotive Segment
18 BMW Group Quarterly Statement 2022 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 18 Automotive Segment 24 Financial Services Segment 3rd quarter
Slide 19: Strong Growth for Electric Mobility
19 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Strong growth for electric mobility BMW Group – deliveries of electrified models 12 Group Overview Bu
Slide 20: Deliveries by Region and Market
20 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment In the first half of 2022, pandemic-related restrictions in Asia caused 12 Group Overview delivery fi
Slide 21: Deliveries by Model Variant, MINI Brand
21 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Deliveries of BMW vehicles by model variant MINI deliveries up in third quarter 12 Group Overview In
Slide 22: Automotive Segment Profit and Financial Result
22 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment The profit before financial result for the nine-month period amounted The segment financial result fo
Slide 23: Automotive Segment Net Financial Assets and Cash Flow
23 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Within working capital, the slight easing of the supply situation for semi Automotive segment – net
Slide 24: Financial Services Segment
24 BMW Group Quarterly Statement 2022 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 18 Automotive Segment 24 Financial Services Segment 3rd
Slide 25: Lower Volume of New Business with Retail Customers
25 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment Lower volume of new business with retail customers Over the nine-month period, 42.4 % ¹ of new BMW Gr
Slide 26: Other Entities Segment and Eliminations
26 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Financial Performance 11 General Economic Environment OTHER ENTITIES SEGMENT AND 12 18 Group Overview Automotive Segment E L I M I N AT I O N S 24 Financi
Slide 27: Outlook, Risk and Opportunity Management
27 BMW Group Quarterly Statement 2022 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 28: Outlook for the BMW Group: Assumptions
28 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment Outlook for the BMW Group – assumptions used in the outlook The outlook does not f
Slide 29: Outlook: Segment Expectations
29 BMW Group Quarterly Statement 2022 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 increased stake in BMW Brilliance and the full consolidation of that Motorcycl
Slide 30: BMW Group Key Performance Indicators Forecast
30 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Outlook, Risk and Opportunity Management 11 General Economic Environment BMW Group – key performance indicators 12 Group Overview Based on current knowledg
Slide 31: Risk and Opportunity Management
31 BMW Group Quarterly Statement 2022 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 ANAGEMENT A global economic recession poses a further ris
Slide 32: Interim Group Financial Statements
32 BMW Group Quarterly Statement 2022 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 33 Income Statement for Group and S egments for the period from 1 January to 30 September 35 Income S
Slide 33: Income Statement, January to September (Group, Automotive, Motorcycles)
33 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments for the period from 1 January to 30 September 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
Slide 34: Income Statement, January to September (Financial Services, Other, Eliminations)
34 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments for the period from 1 January to 30 September 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
Slide 35: Income Statement, July to September (Group, Automotive, Motorcycles)
35 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments for the period from 1 July to 30 September 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
Slide 36: Income Statement, July to September (Financial Services, Other, Eliminations)
36 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Income Statement for Group and S egments for the period from 1 July to 30 September 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
Slide 37: Balance Sheet: Assets (Group, Automotive, Motorcycles)
37 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments at 30 September 2022 BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 2 Group Automotive Motorcycle
Slide 38: Balance Sheet: Assets (Financial Services, Other, Eliminations)
38 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments at 30 September 2022 BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 2 Financial Services Other En
Slide 39: Balance Sheet: Equity and Liabilities (Group, Automotive, Motorcycles)
39 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments at 30 September 2022 BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 2 Group Automotive Motorcycle
Slide 40: Balance Sheet: Equity and Liabilities (Financial Services, Other, Eliminations)
40 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Balance Sheet for Group and Segments at 30 September 2022 BALANCE SHEET FOR GROUP AND SEGMENTS AT 3 0 S E P T E M B E R 2 0 2 2 Financial Services Other En
Slide 41: Condensed Cash Flow Statement
41 BMW Group Quarterly Statement 2022 BMW Group at a Glance Interim Group Management Report Interim Group Financial Statements Other Information Condensed Cash Flow Statement for Group and Segments for the Period from 1 January to 30 September 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 GR
Slide 42: Other Information
42 BMW Group Quarterly Statement 2022 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 43 Consumption and Carbon Disclosures 44 Contacts
Slide 43: Consumption and Carbon Disclosures
43 BMW Group Quarterly Statement 2022 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 Figures according to NEDC Electricit
Slide 44: Contacts
44 BMW Group Quarterly Statement 2022 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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