宝马集团BMW AG (BAMGF) 2016年年度报告「OTC」.pdf

1、ANNUAL REPORT 2016A New Era BeginsCONTENTS1 Page 4 BMW Group in Figures Page 8 Report of the Supervisory Board Page 16 Statement of the Chairman of the Board of Management2 COMBINED MANAGEMENT REPORT Page 22 General Information on the BMW Group Page 22 Organisational Structure and Business Model Pag

2、e 24 Locations Page 29 Management System Page 34 Report on Economic Position Page 34 General and Sector-specific Environment Page 38 Overall Assessment by Management Page 39 Financial and Non-financial Performance Indicators Page 42 Review of Operations Page 63 Results of Operations,Financial Positi

3、on and Net Assets Page 76 Comments on Financial Statements of BMW AG Page 82 Report on Outlook,Risks and Opportunities Page 82 Outlook Page 88 Risks and Opportunities Page 101 Internal Control System and Risk Management System Relevant for the Financial Reporting Process Page 103 Disclosures Relevan

4、t for Takeovers Page 107 BMW Stock and Capital Markets in 20163GROUP FINANCIAL STATEMENTS Page 112 Income Statements for Group and Segments Page 112 Statement of Comprehensive Income for Group Page 114 Balance Sheets for Group and Segments Page 116 Cash Flow Statements for Group and Segments Page 11

5、8 Group Statement of Changes in Equity Page 120 Notes to the Group Financial Statements Page 120 Accounting Principles and Policies Page 133 Notes to the Income Statement Page 139 Notes to the Statement of Comprehensive Income Page 140 Notes to the Balance Sheet Page 161 Other Disclosures Page 175 S

6、egment Information Page 180 List of Investments at 31 December 20164 CORPORATE GOVERNANCE Page 190 Statement on Corporate Governance(289 a HGB)(Part of the Combined Management Report)Page 190 Information on the Companys Governing Constitution Page 191 Declaration of the Board of Management and of th