| Group | Automotive (unaudited supplementary information) |
Financial Services (unaudited supplementary information) |
||||
| in € million | 2023 | 2022 | 2023 | 2022 | 2023 | 2022 |
| Profit / loss before tax | 17,096 | 23,509 | 12,642 | 18,918 | 2,962 | 3,205 |
| Income taxes paid | – 5,049 | – 4,512 | – 3,472 | – 4,229 | – 698 | – 487 |
| Interest received1 | 683 | 453 | 1,417 | 718 | 3 | 6 |
| Other interest and similar income / expenses1 | – 515 | – 206 | – 350 | – 228 | 5 | 2 |
| Depreciation and amortisation of tangible and intangible assets | 8,974 | 8,566 | 8,826 | 8,433 | 32 | 32 |
| Other non-cash income and expense items2 | 179 | – 7,392 | 103 | – 7,433 | – 11 | 8 |
| Result from equity accounted investments | 159 | 100 | 159 | 100 | – | – |
| Change in leased products | – 999 | 2,794 | – | – | – 1,346 | 3,236 |
| Change in receivables from sales financing | – 3,622 | 1,888 | – | – | – 3,649 | 1,870 |
| Changes in working capital | – 2,715 | – 523 | – 2,674 | – 310 | – 31 | – 130 |
| Change in inventories | – 4.135 | – 115 | – 3,835 | 156 | – 179 | – 125 |
| Change in trade receivables | – 187 | – 939 | – 154 | – 866 | – 70 | – 20 |
| Change in trade payables | 1,607 | 531 | 1,315 | 400 | 218 | 15 |
| Change in provisions | 1,616 | 816 | 1,471 | 854 | 53 | 47 |
| Change in other operating assets and liabilities | 1,735 | – 1,970 | – 447 | – 2,041 | 3,168 | 1,356 |
| Cash inflow / outflow from operating activities | 17,542 | 23,523 | 17,675 | 14,782 | 488 | 9,145 |
| Total investment in intangible assets and property, plant and equipment | – 10,881 | – 9,050 | – 10,688 | – 8,867 | – 9 | – 12 |
| Proceeds from subsidies for intangible assets and property, plant and equipment | – | 102 | – | 102 | – | – |
| Proceeds from the disposal of intangible assets and property, plant and equipment | 116 | 103 | 115 | 101 | 1 | 2 |
| Expenditure for acquisitions, net of cash acquired | – | 3,587 | – | 5,011 | – | – |
| Expenditure for investment assets | – 222 | – 117 | – 219 | – 86 | – | – 4 |
| Proceeds from the disposal of investment assets and other business units | 65 | 32 | 59 | 28 | – | – |
| Investments in marketable securities and investment funds | – 583 | – 649 | – 530 | – 459 | – 14 | – 147 |
| Proceeds from the sale of marketable securities and investment funds | 1,957 | 1,220 | 1,890 | 991 | 28 | 111 |
| Cash inflow / outflow from investing activities | – 9,548 | – 4,772 | – 9,373 | – 3,179 | 6 | – 50 |
| Payments out of equity | – 20 | – | – 20 | – | – | – |
| Payments into equity | – | 85 | – | 85 | – | – |
| Treasury shares acquired | – 1,222 | – 1,278 | – 1,222 | – 1,278 | – | – |
| Payment of dividends to shareholders of BMW AG | – 5,430 | – 3,827 | – 5,430 | – 3,827 | – | – |
| Payment of dividends to non-controlling interests | – 1,485 | – 1,455 | – 1,485 | – 1,455 | – | – |
| Intragroup financing and equity transactions | – | – | 2,076 | – 2,998 | – 2,961 | – 7,139 |
| Interest paid1 | – 186 | – 222 | – 1.031 | – 521 | – 9 | – 9 |
| Proceeds from issue of non-current financial liabilities | 20,633 | 16,050 | 34 | – | 11,614 | 11,584 |
| Repayment of non-current financial liabilities | – 22,430 | – 26,102 | – 515 | – 547 | – 10,790 | – 12,165 |
| Change in other financial liabilities | 3,281 | – 1,235 | 247 | – 51 | 1,396 | – 1,313 |
| Cash inflow / outflow from financing activities | – 6,859 | – 17,984 | – 7,346 | – 10,592 | – 750 | – 9,042 |
| Effect of exchange rate on cash and cash equivalents | – 705 | 104 | – 502 | 99 | – 184 | 6 |
| Effect of changes in composition of Group on cash and cash equivalents | 27 | – 10 | 27 | – 10 | – | – |
| Change in cash and cash equivalents | 457 | 861 | 481 | 1,100 | – 440 | 59 |
| Cash and cash equivalents as at 1 January | 16.870 | 16,009 | 13.109 | 12,009 | 3.530 | 3,471 |
| Cash and cash equivalents as at 31 December | 17,327 | 16,870 | 13,590 | 13,109 | 3,090 | 3,530 |
1 With the exception of interest for lease liabilities, interest relating to financial services business is classified as revenues/cost of sales.
2 Includes in the financial year 2022 the elimination of the non-cash revaluation effect of the investment in BMW Brilliance amounting to € 7,649 million.