Bayerische Motoren Werke Ag · XETR:BMW
Bayerische Motoren Werke — BMW Group — Q2 2011 Earnings Presentation
18 slides from Bayerische Motoren Werke's earnings presentation, Aug 2, 2011
Slide 1: BMW Group Quarterly Report to 30 June 2011
BMW GROUP QUARTERLY REPORT T0 30 JUNE 2011
Slide 2: Summary
SUMMARY. • Dynamic unit sales result in a very positive earnings trend. • Group revenues second quarter 2011: euro 17,888 million (+16.5%). • Group profit before tax in the second quarter 2011: euro 2,704 million. • Group liquidity increase to euro 9,1 billion. • Profit before financial result in th
Slide 3: Group Key Figures, Second Quarter 2011
GROUP KEY FIGURES, SECOND QUARTER 2011. 2011 2010 Change Euro million 1 Apr.- 30 June 1 Apr.- 30 June in % Revenues 17,888 15,348 16.5 Earnings before interest and tax (EBIT) 2,856 1,717 66.3 Automobiles 2,408 1,317 82.8 Motorcycles 47 54 -13.0 Financial Services 739 379 95.0 Other entities 21 -81 .
Slide 4: Group Key Figures, First Half 2011
GROUP KEY FIGURES, FIRST HALF 2011. 2011 2010 Change Euro million 1 Jan.- 30 June 1 Jan.- 30 June in % Revenues 33,925 27,791 22.1 Earnings before interest and tax (EBIT) 4,758 2,166 . Automobiles 4,116 1,608 . Motorcycles 78 86 -9.3 Financial Services 1,142 592 92.9 Other entities 38 -74 . Eliminat
Slide 5: Revenues by Segment, Second Quarter 2011
REVENUES BY SEGMENT, SECOND QUARTER 2011. 2011 2010 Change Euro million 1 Apr.- 30 June 1 Apr.- 30 June in % BMW Group 17,888 15,348 16.5 Automobiles 16,674 13,669 22.0 Motorcycles 450 439 2.5 Financial Services 4,181 4,198 -0.4 Other Entities 1 1 - Eliminations -3,418 -2,959 15.5 Quarterly Report Q
Slide 6: Revenues by Segment, First Half 2011
REVENUES BY SEGMENT, FIRST HALF 2011. 2011 2010 Change Euro million 1 Jan.- 30 June 1 Jan.- 30 June in % BMW Group 33,925 27,791 22.1 Automobiles 31,047 24,341 27.6 Motorcycles 847 790 7.2 Financial Services 8,364 8,202 2.0 Other Entities 2 2 - Eliminations -6,335 -5,544 14.3 Quarterly Report Q2-201
Slide 7: EBIT-Margin and Return on Sales, Second Quarter 2011
EBIT-MARGIN AND RETURN ON SALES, SECOND QUARTER 2011. EBIT-Margin ¹ 2011 2010 in % 1 Apr.- 30 June 1 Apr.- 30 June BMW Group 16.0 11.2 Automobiles 14.4 9.6 Motorcycles 10.4 12.3 Financial Services 17.7 9.0 Return on Sales 2 2011 2010 in % 1 Apr.- 30 June 1 Apr.- 30 June BMW Group 15.1 8.5 Automobile
Slide 8: EBIT-Margin and Return on Sales, First Half 2011
EBIT-MARGIN AND RETURN ON SALES, FIRST HALF 2011. EBIT-Margin ¹ 2011 2010 in % 1 Jan.- 30 June 1 Jan.- 30 June BMW Group 14.0 7.8 Automobiles 13.3 6.6 Motorcycles 9.2 10.9 Financial Services 13.7 7.2 Return on Sales 2 2011 2010 in % 1 Jan.- 30 June 1 Jan.- 30 June BMW Group 13.3 6.5 Automobiles 12.6
Slide 9: Group Income Statement, Second Quarter 2011
GROUP INCOME STATEMENT, SECOND QUARTER 2011. 2011 2010 Change Euro million 1 Apr. – 30 June 1 Apr. – 30 June in % Revenues 17,888 15,348 16.5 Cost of sales -13,515 -12,084 11.8 Gross profit 4,373 3,264 34.0 Sales and administrative costs -1,460 -1,428 2.2 Other operating income 119 108 10.2 Other op
Slide 10: Group Income Statement, First Half 2011
GROUP INCOME STATEMENT, FIRST HALF 2011. 2011 2010 Change Euro million 1 Jan. – 30 June 1 Jan. – 30 June in % Revenues 33,925 27,791 22.1 Cost of sales -26,239 -22,842 14.9 Gross profit 7,686 4,949 55.3 Sales and administrative costs -2,850 -2,641 7.9 Other operating income 319 373 -14.5 Other opera
Slide 11: Group Cash Flow Statement, First Half 2011
GROUP CASH FLOW STATEMENT, FIRST HALF 2011. 2011 2010 Euro million 1 Jan.- 30 June 1 Jan.- 30 June Cash inflow from operating activities 8,227 5,598 Cash outflow from investing activities -5,045 -3,546 Cash inflow/ outflow from financing activities -3,022 -2,165 Effect of exchange rate and changes i
Slide 12: Free Cash Flow Automobiles Segment, First Half 2011
FREE CASH FLOW AUTOMOBILES SEGMENT, FIRST HALF 2011. 2011 2010 Euro million 1 Jan.- 30 June 1 Jan.- 30 June Cash inflow from operating activities 4,227 2,408 Cash outflow from investing activities -1,842 -1,619 Net investment in marketable securities 188 410 investment (+) / sales (–) Free cash flow
Slide 13: Net Interest-Bearing Assets Automobiles Segment
NET INTEREST-BEARING ASSETS AUTOMOBILES SEGMENT. 31.12.2010 + 5,127 + 563 -1,123 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
Slide 14: Deliveries to Customers, Second Quarter 2011
DELIVERIES TO CUSTOMERS, SECOND QUARTER 2011. 2011 2010 Change Deliveries of automobiles (in units) 1. Apr– 30 June 1. Apr– 30 June in % BMW total 368,686 319,946 15.2 1er 49,379 55,910 -11.7 3er 105,165 107,408 -2.1 5er 85,285 55,537 53.6 6er 2,424 1,745 38.9 7er 16,947 16,466 2.9 X1 35,460 27,048
Slide 15: Deliveries to Customers, First Half 2011
DELIVERIES TO CUSTOMERS, FIRST HALF 2011. 2011 2010 Change Deliveries of automobiles (in units) 1. Jan – 30 June 1. Jan – 30 June in % BMW total 689,861 585,755 17.8 1er 94,454 103,819 -9.0 3er 192,927 199,027 -3.1 5er 170,708 94,699 80.3 6er 3,213 3,085 4.1 7er 31,764 30,711 3.4 X1 62,698 46,705 34
Slide 16: Deliveries to Customers by Region, Second Quarter 2011
DELIVERIES TO CUSTOMERS BY REGION, SECOND QUARTER 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 Apr.- 30 June 1 Apr.- 30 June in % Europe 237,570 212,800 11.6 thereof Germany 80,306 73,482 9.3 North America 89,635 76,245 17.6 thereof USA 78,811 66,771 18.0 Asia 99,906 69,927 42.9 the
Slide 17: Deliveries to Customers by Region, First Half 2011
DELIVERIES TO CUSTOMERS BY REGION, FIRST HALF 2011. 2011 2010 Change Deliveries of automobiles (in units) 1 Jan.- 30 June 1 Jan.- 30 June in % Europe 437,658 389,831 12.3 thereof Germany 144,370 132,266 9.2 North America 160,892 136,979 17.5 thereof USA 143,974 121,912 18.1 Asia 190,054 128,845 47.5
Slide 18: BMW Group Quarterly Report to 30 June 2011
BMW GROUP QUARTERLY REPORT. TO 30 June 2011. Download: http://www.bmwgroup.com/ir Quarterly Report Q2-2011, Investor Relations, 02 August 2011 Page 18