Key figures.
BMW Group in figures.
| 2022 | 2021 | 2020 | 2019 | |
| Workforce at year-end1 | 2022 149,475 |
2021 118,909 |
2020 120,726 |
2019 126,016 |
| Share of women in management positions in the BMW Group2 | 2022 20.2 |
2021 18.8 |
2020 17.8 |
2019 17.2 |
| Revenues [mn. €] | 2022 142,610 |
2021 111,239 |
2020 98,990 |
2019 104,210 |
| Earnings before taxes (EBT) [mn. €] | 2022 23,509 |
2021 16,060 |
2020 5,222 |
2019 7,118 |
| EBT margin [%] | 2022 16.5 |
2021 14.4 |
2020 5.3 |
2019 6.8 |
| Net profit for the year [mn. €] | 2022 18,582 |
2021 12,463 |
2020 3,857 |
2019 5,022 |
| Capital expenditure3 [mn. €] | 2022 7,791 |
2021 5,012 |
2020 3,922 |
2019 5,650 |
| Capital expenditure ratio [%] | 2022 5.5 |
2021 4.5 |
2020 4.0 |
2019 5.4 |
| Research & development expenditure (HGB) [mn. €] | 2022 7,178 |
2021 6,870 |
2020 6,279 |
2019 6,419 |
| Research and development ratio (HGB) [%] | 2022 5.0 |
2021 6.2 |
2020 6.3 |
2019 6.2 |
1 The term “employee” has been redefined with effect from the reporting year 2020 (for definition, see Glossary). The figure for 2019 was restated accordingly for comparison purposes (2019 before adjustment: 133,778 employees).
2 The new definition of the term “employee” (see footnote 1) also has an impact on disclosures relating to the percentage of female employees. The 2019 figure was adjusted accordingly for comparison purposes (2019 before adjustment: 17.5 %).
3 Investments in property, plant and equipment and other intangible assets.
Automotive segment.
| 2022 | 2021 | 2020 |
2019 | |
| Deliveries1 | 2022 2,399,632 |
2021 2,521,514 |
2020 2,325,179 |
2019 2,537,504 |
| Share of electrified vehicles in deliveries (in %) | 2022 18.1 |
2021 13.0 |
2020 8.3 |
2019 5.8 |
| CO2 emissions of the new vehicle fleet in Europe2,3 [g CO2 / km] | 2022 105.0 |
2021 115.94 |
2020 99.1 (135.0)5 |
2019 127.0 |
| CO2 emissions per vehicle produced6,7 [tons] | 2022 0.32 |
2021 0.33 |
2020 0.23 |
2019 0.30 |
| Revenues [mn. €] | 2022 123,602 |
2021 95,476 |
2020 80,853 |
2019 91,682 |
| Earnings before interest and taxes (EBIT) [mn. €] | 2022 10,635 |
2021 9,870 |
2020 2,162 |
2019 4,499 |
| EBIT margin [%] | 2022 8.6 |
2021 10.3 |
2020 2.7 |
2019 4.9 |
| Free Cashflow [mn. €] | 2022 11,071 |
2021 6,354 |
2020 3,395 |
2019 2,567 |
| Return on Capital Employed (RoCE) [%] | 2022 18.1 |
2021 59.9 |
2020 12.7 |
2019 29.0 |
| Net financial assets [mn. €] | 2022 24,603 |
2021 22,362 |
2020 18,462 |
2019 17,577 |
1 Deliveries including BMW Brilliance Automotive Ltd., also for the period prior to full consolidation in the Group Financial Statements of the BMW Group (2019: 538,612 units, 2020: 602,247 units, 2021: 651,236 units, 1 January to 10 February 2022: 96,133 units).
2 EU-27 countries including Norway and Iceland; with effect from 2021, values are calculated on a converted basis in line with WLTP (Worldwide Harmonised Light Vehicles Test Procedure). Values for 2018 to 2020 were calculated based on the New European Driving Cycle (NEDC).
3 This is a preliminary internal calculation with a potential variation of +/– 0.5 g CO2/km, as official registration figures from the authorities are not available for all EU states. Figures officially published by the EU Commission are not expected to be available until November of the following year.
4 Flexibilities as defined in the regulatory requirements for 2021 are as follows: eco-innovation with 1.7 g CO2 / km (WLTP).
5 To improve comparability, the 2020 NEDC figures were converted to WLTP after adjusting for permissible flexibilities – specifically from 99 g CO2/km according to NEDC (including 5 g CO2/km phase-in, 7.5 g CO2/km supercredits and 2.4 g CO2/km eco-innovations) to 135 g CO2/km according to WLTP (excluding flexibilities). In 2020, a phase-in regulation was accepted, as was the recognition of supercredits, which ceased in 2021.
6 Efficiency ratio calculated on the basis of Scope 1 and Scope 2 carbon emissions (i.e. a market-based method according to GHG Protocol Scope 2 guidance; mainly based on the use of emission factors for electricity, district heating and fuels of the VDA (each in the most current valid version: 12/2022) and occasionally using local emissions factors; excluding climate-changing gases other than carbon dioxide from vehicle production (BMW Group manufacturing sites including the BMW Brilliance Automotive Ltd. joint venture and Motorrad, but excluding partner plants and contract manufacturers), as well as BMW Group non-manufacturing sites (e.g. research centres, sales centres, offices) divided by the number of vehicles produced (BMW Group manufacturing sites including the BMW Brilliance Automotive Ltd. joint venture and partner plants, but excluding contract manufacturers)
7 From 2019, this indicator includes the carbon emissions of all other BMW Group locations in addition to the carbon emissions generated by production.
Deliveries Automotive segment.
| 2022 | 2021 | 2020 | 2019 |
|
| Total1 | 2022 2,399,632 |
2021 2,521,514 |
2020 2,325,179 |
2019 2,537,504 |
| BMW1 | 2022 2,100,689 |
2021 2,213,790 |
2020 2,028,841 |
2019 2,184,939 |
| MINI | 2022 292,922 |
2021 302,138 |
2020 292,582 |
2019 347,465 |
| Rolls-Royce | 2022 6,021 |
2021 5,586 |
2020 3,756 |
2019 5,100 |
1 Deliveries including BMW Brilliance Automotive Ltd. also for the period prior to full consolidation in the Group Financial Statements of the BMW Group (2019: 538,612 units, 2020: 602,247 units, 2021: 651,236 units, 1 January to 10 February 2022: 96,133 units).
Motorcycles segment.
| 2022 | 2021 | 2020 |
2019 | |
| Deliveries | 2022 202,895 |
2021 194,261 |
2020 169,272 |
2019 175,162 |
| Revenues [mn. €] | 2022 3,176 |
2021 2,748 |
2020 2,284 |
2019 2,368 |
| Earnings before interest and taxes (EBIT) [mn. €] | 2022 257 |
2021 227 |
2020 103 |
2019 194 |
| EBIT margin [%] | 2022 8.1 |
2021 8.3 |
2020 4.5 |
2019 8.2 |
| Return on Capital Employed (RoCE) [%] | 2022 24.9 |
2021 35.9 |
2020 15.0 |
2019 29.4 |
FINANCIAL SERVICES SEGMENT.
| 2022 | 2021 | 2020 | 2019 |
|
| Contract Portfolio | 2022 5,513,129 |
2021 5,859,890 |
2020 5,981,928 |
2019 5,973,682 |
| New contracts with retail customer | 2022 1,545,490 |
2021 1,956,514 |
2020 1,845,271 |
2019 2,003,782 |
| Business volume [mn. €] | 2022 135,689 |
2021 139,530 |
2020 133,093 |
2019 142,834 |
| Earnings before taxes (EBT) [mn. €] | 2022 3,205 |
2021 3,753 |
2020 1,725 |
2019 2,272 |
| Return On Equity (ROE) [%] | 2022 17.9 |
2021 22.6 |
2020 11.2 |
2019 15.0 |
| Penetration rate [%] | 2022 41.0 |
2021 50.5 |
2020 49.8 |
2019 52.2 |
| Credit loss ratio [%] | 2022 0.13 |
2021 0.18 |
2020 0.21 |
2019 0.26 |