BMW Group Investor Presentation
THE BMW GROUP IS COMMITTED TO PLAYING A KEY ROLE IN TOMORROW'S
MOBILITY AND IS INVESTING SUBSTANTIAL AMOUNTS IN NEW TECHNOLOGIES.
R&D Expenditure* R&D Ratio**
[in m€, HGB]
6.5
5.6
[in %, HGB]
6.3
5.7
5.6
6.2
6.1
5.5.6,108. 5.5
Target ratio:
5%-5.5%
5,164
4,454
5,169
4,058
4,566
51
5.4
4.9
4,792
4.8
4.6
3,952
3,208 3,144
2,864
2,773 3,373
2,448
HITL
2006
2007
2008
2009
2010 2011 2012 2013***
2014
2015
2016
2017 9M-2017 9M-2018
BMW Group Investor Presentation, December 2018
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.
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