BMW Group Investor Presentation
THE BMW GROUP IS COMMITTED TO PLAYING A KEY ROLE IN TOMORROW'S
MOBILITY.
R&D Expenditure.*
[in m €, HGB]
R&D Ratio.**
[in %, HGB]
The R&D ratio is expected to remain at prior year's level in 2021.
The capitalization ratio in 2021 is expected to be within a corridor of 35-40%.
8.000
7.000
6.000
5.6
5.4
5.1
4.8
4.9
5.000
4.6
4.000
6.3
6.2
5.7
5.6
5.5
7.1
6.2
6.3
6,890
3.000
6,108
6,419
6,279
5,169
5,164
4,792
4,566
2.000
3,952
3,144
3,373
2,864
2,773
2,448
1.000
2007
2008
2009
2010
2011
2012
2013***
2014
2015
2016
HGB: German Commercial Code. | *R&D Expenditure: Research and development expenses plus capitalized research and development cost minus amortization of capitalized development
costs. **R&D Ratio: R&D expenditure divided by Group revenues. | *** 2013 figures have been adjusted in accordance with IAS 8.
BMW Group Investor Presentation | December 2021
2017
2018
2019
2020
Long-term
target ratio:
5% -5.5%.
48.View entire presentation