宝马集团BMW AG (BAMGF) 2014年年度报告「OTC」.pdf

1、innovativesuccessfulsustainableprofi tableforward-lookingANNUAL REPORT2014 3 BMW GROUP IN FIGURES 6 REPORT OF THE SUPERVISORY BOARD 14 STATEMENT OF THE CHAIRMAN OF THE BOARD OF MANAGEMENT 18 COMBINED MANAGEMENT REPORT 18 General Information on the BMW Group 18 Business Model 20 Management System 23

2、Report on Economic Position 23 General and Sector-specific Environment 26 Overall Assessment by Management 26 Financial and Non-financial Performance Indicators 29 Review of Operations 49 Results of Operations,Financial Position and Net Assets 61 Comments on Financial Statements of BMW AG 64 Events

3、after the End of the Reporting Period 65 Report on Outlook,Risks and Opportunities 65 Outlook 70 Report on Risks and Opportunities 82 Internal Control System and Risk Management System Relevant for the Consolidated Financial Reporting Process 83 Disclosures Relevant for Takeovers 87 BMW Stock and Ca

4、pital Markets in 2014 90 GROUP FINANCIAL STATEMENTS 90 Income Statements for Group and Segments 90 Statement of Comprehensive Income for Group 92 Balance Sheets for Group and Segments 94 Cash Flow Statements for Group and Segments 96 Group Statement of Changes in Equity 98 Notes to the Group Financi

5、al Statements 98 Accounting Principles and Policies 116 Notes to the Income Statement 123 Notes to the Statement of Comprehensive Income 124 Notes to the Balance Sheet 149 Other Disclosures 165 Segment Information 170 STATEMENT ON CORPORATE GOVERNANCE(289 a HGB)(Part of the Combined Management Repor

6、t)170 Information on the Companys Governing Constitution 171 Declaration of the Board of Management and of the Supervisory Board pursuant to 161 AktG 172 Members of the Board of Management 173 Members of the Supervisory Board 176 Composition and Work Procedures of the Board of Management of BMW AG a