Key figures.
BMW Group in figures.
| 2016 | 2017 | 2018* | 2019 | |
| Revenues [mn. €] | 2016 94,163 |
2017 98,282 |
2018* 96,855 |
2019 104,210 |
| Earnings before taxes (EBT) [mn. €] | 2016 9,665 |
2017 10,675 |
2018* 9,627 |
2019 7,118 |
| EBT margin [%] | 2016 10.3 |
2017 10.9 |
2018* 9.9 |
2019 6.8 |
| Net profit for the year [mn. €] | 2016 6,910 |
2017 8,675 |
2018* 7,064 |
2019 5,022 |
| Balance sheet [mn. €] | 2016 188,535 |
2017 195,506 |
2018* 208,938 |
2019 228,034 |
| Equity [mn. €] | 2016 47,363 |
2017 54,107 |
2018* 57,829 |
2019 59,907 |
| Capital expenditure** [mn. €] | 2016 3,731 |
2017 4,688 |
2018* 5,029 |
2019 5,650 |
| Capital expenditure ratio [%] | 2016 4.0 |
2017 4.8 |
2018* 5.2 |
2019 5.4 |
| Research & development expenditure (HGB) [mn. €] | 2016 5,164 |
2017 6,108 |
2018* 6,890 |
2019 6,419 |
| Research and development ratio (HGB) [%] | 2016 5.5 |
2017 6.2 |
2018* 7.1 |
2019 6.2 |
*Prior year’s figures adjusted due to a change in accounting policy in connection with the adoption of IFRS 16; see note 6 to the Group Financial Statements. In addition, figures for the prior year have been adjusted due to changes in presentation of selected items, which are not material overall.
**Investments in property, plant and equipment and other intangible assets.
Automotive segment.
| 2016 | 2017 | 2018 | 2019 | |
| Revenues [mn. €] | 2016 86,424 |
2017 85,742 |
2018 85,846 |
2019 91,682 |
| Earnings before interest and taxes (EBIT) [mn. €] | 2016 7,695 |
2017 7,888 |
2018 6,182 |
2019 4,499 |
| EBIT margin [%] | 2016 8.9 |
2017 9.2 |
2018 7.2 |
2019 4.9 |
| Free Cashflow [mn. €] | 2016 5,792 |
2017 4,459 |
2018 2,713 |
2019 2,567 |
| Net financial assets [mn. €] | 2016 19,520 |
2017 19,787 |
2018 19,488 |
2019 17,577 |
Sales volume Automotive segment.
| 2016 | 2017 | 2018 | 2019 | |
| Total*,** | 2016 2,352,440 |
2017 2,468,658 |
2018 2,483,292 |
2019 2,538,367 |
| BMW*,** | 2016 1,989,817 |
2017 2,093,026 |
2018 2,114,963 |
2019 2,185,793 |
| MINI** | 2016 358,586 |
2017 372,194 |
2018 364,135 |
2019 347,474 |
| Rolls-Royce** | 2016 4,037 |
2017 3,438 |
2018 4,194 |
2019 5,100 |
*Including the joint venture BMW Brilliance Automotive Ltd., Shenyang (2015: 281,357 units, 2016: 311,473 units, 2017: 385,705 units, 2018: 455,581 units, 2019: 538,612 units).
**Delivery figures have been adjusted retrospectively going back to 2015. The basis for the adjustments is a review of sales data in prior periods for the BMW Group’s most important markets (China, USA, Germany, UK, Italy and Japan). The retrospective adjustment enables better comparability.
Production volume Automotive segment.
| 2016 | 2017 | 2018 | 2019 | |
| Total* | 2016 2,359,756 |
2017 2,505,741 |
2018 2,541,534 |
2019 2,564,025 |
| BMW* | 2016 2,002,997 |
2017 2,123,947 |
2018 2,168,496 |
2019 2,205,841 |
| MINI | 2016 352,580 |
2017 378,486 |
2018 368,685 |
2019 352,729 |
| Rolls-Royce | 2016 4,179 |
2017 3,308 |
2018 4,353 |
2019 5,455 |
*Including the joint venture BMW Brilliance Automotive Ltd., Shenyang (2015: 287,755 units, 2016: 305,726 units, 2017: 396,749 units, 2018: 491,872 units, 2019: 536,509 units).
Motorcycles segment.
| 2016 | 2017 | 2018 | 2019 | |
| Deliveries | 2016 145,032 |
2017 164,153 |
2018 165,566 |
2019 175,162 |
| Production | 2016 145,555 |
2017 185,682 |
2018 162,687 |
2019 187,116 |
| Revenues [mn. €] | 2016 2,069 |
2017 2,272 |
2018 2,173 |
2019 2,368 |
| Earnings before interest and taxes (EBIT) [mn. €] | 2016 187 |
2017 207 |
2018 175 |
2019 194 |
| EBIT margin [%] | 2016 9.0 |
2017 9.1 |
2018 8.1 |
2019 8.2 |
*Prior year figures adjusted due to first-time application of IFRS 15, see note 6 to the Group Financial Statements.
FINANCIAL SERVICES SEGMENT.
| 2016 | 2017 | 2018* | 2019 | |
| Contract portfolio | 2016 5,114,906 |
2017 5,380,785 |
2018* 5,708,032 |
2019 5,973,682 |
| Business volume [mn. €] | 2016 123,394 |
2017 124,719 |
2018* 133,147 |
2019 142,834 |
| Earnings before taxes (EBT) [mn. €] | 2016 2,166 |
2017 2,207 |
2018* 2,143 |
2019 2,272 |
| Return On Equity (ROE) [%] | 2016 21.2 |
2017 18.1 |
2018* 14.8 |
2019 15.0 |
| Penetration rate** [%] | 2016 49.9 |
2017 46.7 |
2018* 50.1 |
2019 52.2 |
| Credit loss ratio [%] | 2016 0.32 |
2017 0.34 |
2018* 0.25 |
2019 0.26 |
*Prior year’s figures adjusted due to a change in accounting policy in connection with the adoption of IFRS 16; see note 6 to the Group Financial Statements. In addition, figures for the prior year have been adjusted due to changes in presentation of selected items, which are not material overall.
**Delivery figures have been adjusted retrospectively going back to 2015 and therefore also the penetration rates. The basis for the adjustments is a review of sales data in prior periods for the BMW Group’s most important markets (China, USA, Germany, UK, Italy and Japan). The retrospective adjustment enables better comparability.
