Page Overview: BMW Group - Investor Relations - Facts and figures

Key Figures

Key figures.

BMW Group in figures.

  2021 2020 2019 2018
Workforce at year-end1
2021
118,909
2020
120,726
2019
126,016
2018
134,682
Share of women in management positions in the BMW Group2
2021
       18.8
2020
17.8
2019
17.2
2018
17.2
Revenues [mn. €]
2021
  111,239
2020
98,990
2019
104,210
2018
96,855
Earnings before taxes (EBT) [mn. €]
2021
  16,060
2020
5,222
2019
7,118
2018
9,627
EBT margin [%]
2021
       14.4
2020
5.3
2019
6.8
2018
9.9
Net profit for the year [mn. €]
2021
  12,463
2020
3,857
2019
5,022
2018
7,064
Capital expenditure3 [mn. €]
2021
     5,012
2020
3,922
2019
5,650
2018
5,029
Capital expenditure ratio [%]
2021
          4.5
2020
4.0
2019
5.4
2018
5.2
Research & development expenditure (HGB) [mn. €]
2021
     6,870
2020
6,279
2019
6,419
2018
6,890
Research and development ratio (HGB) [%]
2021
          6.2
2020
6.3
2019
6.2
2018
7.1

 

1 Since the reporting year 2020, a new definition for workforce size has been applied. To enable better comparability, the value for 2019 was adjusted accordingly (2019 before adjustment: 133,778 employees).
For the timeframe including and prior to 2018, the share of the employees that are no longer reflected in reporting is about 7.5-8 %.

2 The new definition of the term “employee” (see footnote 1) also has an impact on the proportion of women in management positions. For comparative purposes, the 2019 figure has been adjusted accordingly (2019 before adjustment: 17.5 %).

3 Investments in property, plant and equipment and other intangible assets.

Automotive segment.

          2021 2020
2019 2018
Deliveries1
        2021
2,521,514
2020
2,325,179
2019
2,537,504
2018
2,486,149
Share of electrified vehicles in deliveries
        2021
           13.0
2020
8.3
2019
5.8
2018
5.7
CO2 emissions of the new vehicle fleet in Europe2,3 [g CO2 / km]
        2021
       115.94
2020
99.1 (135.0)5
2019
127.0
2018
127.5
CO2 emissions per vehicle produced6 [tons]
        2021
          0.33
2020
0.23
2019
0.30
2018
0.40
Revenues [mn. €]
        2021
      95,476
2020
80,853
2019
91,682
2018
85,846
Earnings before interest and taxes (EBIT) [mn. €]
        2021
        9,870
2020
2,162
2019
4,499
2018
6,182
EBIT margin [%]
        2021
          10.3
2020
2.7
2019
4.9
2018
7.2
Free Cashflow [mn. €]
        2021
       6,354
2020
3,395
2019
2,567
2018
2,713
Return on Capital Employed (RoCE) [%]
        2021
         59.9
2020
12.7
2019
29.0
2018
49.8
Net financial assets [mn. €]
        2021
     22,362
2020
18,462
2019
17,577
2018
19,488

 

 

1 Including the joint venture BMW Brilliance Automotive Ltd., Shenyang (2017: 385,705 units, 2018: 455,581 units, 2019: 538,612 units, 2020: 602,247 units, 2021: 651,236 units).
Retail vehicle delivery data presented for 2020 and 2021 is not directly comparable to such data presented for previous years. For further information on retail vehicle delivery data, please see "Comparison of Forecast with Actual Outcomes" in the BMW Group Report 2021.

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 from 2017 to 2020 according to 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 from all EU states. The EU Commission is not expected to publish official figures until November 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 year-on- year 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. As of 2021, these two simplifications no longer apply for the BMW Group.

6 Efficiency ratio calculated on the basis of Scope 1 and Scope 2 CO2 emissions (i.e. a market-based method according to GHG Protocol Scope 2 guidance; mainly the use of the VDA emissions factors as well as isolated use of local emissions factors; but excluding climate-changing gases other than carbon dioxide) from vehicle production (BMW Group manufacturing sites incl. joint venture BMW Brilliance Automotive Ltd. and motorcycles, excluding contract manufacturers), as well as BMW Group non-manufacturing sites (e.g. research centre, sales centre, offices) divided by the number of vehicles (excluding motorcycles) produced (BMW Group manufacturing sites incl. joint venture BMW Brilliance Automotive Ltd., excluding contract manufacturers). From 2021, this indicator will include the carbon emissions of all other BMW Group locations in addition to the carbon emissions generated by production. The figures for 2019 (base year) and 2020 have been adjusted accordingly for comparison purposes (2019 before adjustment: 0.30 tons, 2020 before adjustment: 0.23 tons). Figures from 2017 and 2018 are audited with limited assurance.

Deliveries Automotive segment.

           2021 2020 2019
2018
Total1
         2021
2,521,514
2020
2,325,179
2019
2,537,504
2018
2,486,149
BMW2
         2021
2,213,790
2020
2,028,841
2019
2,184,939
2018
2,117,854
MINI
         2021
   302,138
2020
292,582
2019
347,465
2018
364,101
Rolls-Royce
         2021
        5,586
2020
3,756
2019
5,100
2018
4,194

 

1 Retail vehicle delivery data presented for 2020 and 2021 is not directly comparable to such data presented for previous years. For further information on retail vehicle delivery data, please see "Comparison of Forecast with Actual Outcomes" in the BMW Group Report 2021.

2 Including the joint venture BMW Brilliance Automotive Ltd., Shenyang (2017: 385,705 units, 2018: 455,581 units, 2019: 538,612 units, 2020: 602,247 units, 2021: 651,236).

Motorcycles segment.

      2021 2020
2019 2018
Deliveries
      2021
194,261
2020
169,272
2019
175,162
2018
165,566
Revenues [mn. €]
      2021
     2,748
2020
2,284
2019
2,368
2018
2,173
Earnings before interest and taxes (EBIT) [mn. €]
      2021
        227
2020
103
2019
194
2018
175
EBIT margin [%]
      2021
          8.3
2020
4.5
2019
8.2
2018
8.1
Return on Capital Employed (RoCE) [%]
      2021
       35.9
2020
15.0
2019
29.4
2018
28.4

FINANCIAL SERVICES SEGMENT.

          2021 2020 2019
2018
Contract portfolio
        2021
5,859,890
2020
5,981,928
2019
5,973,682
2018
5,708,032
New contracts with retail customer
        2021
1,956,514
2020
1,845,271
2019
2,003,782
2018
1,908,640
Business volume [mn. €]
        2021
   139,530
2020
133,093
2019
142,834
2018
133,147
Earnings before taxes (EBT) [mn. €]
        2021
        3,753
2020
1,725
2019
2,272
2018
2,143
Return On Equity (ROE) [%]
        2021
          22.6
2020
11.2
2019
15.0
2018
14.8
Penetration rate1 [%]
        2021
          50.5
2020
49.8
2019
52.2
2018
50.1
Credit loss ratio [%]
        2021
          0.18
2020
0.21
2019
0.26
2018
0.25
 

 

Retail vehicle delivery data presented for 2020 is not directly comparable to such data presented for previous years. For further information on retail vehicle delivery data, please see "Comparison of Forecast with Actual Outcomes" in the BMW Group Report 2020.