annual accounts press conference...bmw group 2013 key financials 7,913 5,340 76,058 + 1.4 % - 1.0 %...

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ANNUAL ACCOUNTS PRESS CONFERENCE March 19, 2014 DR. NORBERT REITHOFER CHAIRMAN OF THE BOARD OF MANAGEMENT OF BMW AG

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Page 1: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

ANNUAL ACCOUNTS PRESS CONFERENCE

March 19, 2014

DR. NORBERT REITHOFER CHAIRMAN OF THE BOARD OF MANAGEMENT OF BMW AG

Page 2: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP BMW AMONG THE TOP 20 GLOBAL COMPANIES

„World s Most Admired Companies“ 2013

Page 3: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP THE NEW BMW i8

Page 4: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP BMW i8: FIRST SERIES CAR WITH LASER LIGHT

Page 5: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP THE NEW BMW i8

Page 6: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP AGENDA

How do we evaluate our performance in the business year 2013?

What are our targets for the business year 2014?

How can we ensure our long-term success in an ever-changing environment?

Page 7: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP AGENDA

How do we evaluate our performance in the business year 2013?

What are our targets for the business year 2014?

How can we ensure our long-term success in an ever-changing environment?

Page 8: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW RECORD SALES IN 2013

+ 7.5 %

+ 1.2 %

+ 1.5 %

+ 8.3 %

+ 6.4 %

1,655,138

305,030

3,630

115,215

1,963,798

Page 9: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP SHEER DRIVING PLEASURE – FROM BMW M TO BMW i

Page 10: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP 2013 KEY FINANCIALS

7,913

5,340

76,058

+ 1.4 %

- 1.0 %

+ 4.5 %

Group revenues

Profit before tax

Group

Group net profit

1,639 + 5.0 % Profit before tax

Financial Services

In million €

9.4 EBIT margin Automotive

(in %)

Page 11: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP HIGHEST PROFIT-RELATED BONUS EVER

Page 12: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP € 1.5 BILLION INVESTED IN OUR ASSOCIATES

Investment in vocational training/

professional development programs

[in €m]

154

2008

179

2010

246

2011

282

2012

288

2013

143

2009

181

2007

Page 13: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP DIVERSITY MAKES US STRONG

Page 14: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP DIVERSITY MAKES US STRONG

Page 15: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP AGENDA

How do we evaluate our performance in the business year 2013?

What are our targets for the business year 2014?

How can we ensure our long-term success in an ever-changing environment?

Page 16: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP TARGETS FOR THE BUSINESS YEAR 2014

Sales to top two million vehicles

Leading position in the premium segment

New record for Group profit before tax

EBIT margin in the Automotive segment in

a target range of 8-10%

Page 17: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP SALES RECORD AT GROUP LEVEL

BMW Group Automobile sales per February 2014

2013

2014

256,933

273,999

+6.6 %

Page 18: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP SUCCESS STORY EFFICIENT DYNAMICS

Less consumption, more performance

1995 2020 2013

210 g/km CO2 ~95 g/km CO2* 133 g/km CO2

* EU target limit

Page 19: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP AGENDA

How do we evaluate our performance in the business year 2013?

What are our targets for the business year 2014?

How can we ensure our long-term success in an ever-changing environment?

Page 20: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP SALES: GLOBALLY BALANCED

20%

13%

26%

21%

20%

2013

China

Germany

Western Europe

North America

Rest of World

Page 21: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP STRENGTHENING OUR GLOBAL PRESENCE

USA

Spartanburg

Brazil

Araquarí

The Netherlands

Born – VDL Nedcar Germany

China

Shenyang

Page 22: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP LEADING POSITION IN LIGHTWEIGHT CONSTRUCTION

Page 23: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP BMW i3 – HIGH CUSTOMER DEMAND

Page 24: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP SYNERGIES DUE TO STANDARDIZED ARCHITECTURES

Page 25: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW 2 Series Active Tourer

Page 26: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW 2 Series Coupé

Page 27: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW 4 Series Convertible

Page 28: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW 4 Series Gran Coupé

Page 29: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW X3 Model update

Page 30: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW X4

Page 31: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

BMW M3 Sedan BMW M4 Coupé

Page 32: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

MINI Cooper S

Page 33: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP MINI DEVELOPS FURTHER

MINI Clubman Concept

Page 34: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP NEW MODELS IN 2014

Rolls-Royce Ghost Series II

Page 35: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP VISION FOR 2020

Page 36: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP BMW CONNECTED DRIVE

DriveNow

AlphaCity

Park@myHouse

ParkNow

MyCityWay

BMW i Ventures

Page 37: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP DRIVE NOW – OVER 230,000 MEMBERS

Page 38: ANNUAL ACCOUNTS PRESS CONFERENCE...BMW GROUP 2013 KEY FINANCIALS 7,913 5,340 76,058 + 1.4 % - 1.0 % + 4.5 % Group revenues Profit before tax Group Group net profit 1,639 + 5.0 % Profit

BMW GROUP A LEADER IN SUSTAINABILITY

45% reduction of resources per produced

vehicle by 2020 compared to 2006.