Friday, May 10, 2019
Company report Assignment Example | Topics and Well Written Essays - 500 words
Company report - Assignment typeThe early years of business were focused on serving military and designing and manufacturing aircraft engines, built-in engines and railroad line vehicle brakes. After ruins of WWII the bon ton had tough time reviving its production plant and it was by 1947 that the come with started production of two-wheeler. After rejecting Daimlers takeover move the company emerged as a strong entity which alter in manufacturing highest quality motor vehicles. The company has three luxurious brands BMW, Rolls Royce and Mini that remain strong and universal amongst those who wish to experience innovative luxury available across BMW global internetwork (BMW AG).The company has a strong financial position as reported in its annual report 2008 the company has generated revenues of 44,143mn and net income of 384mn in 2008. The company has a rubicund dividend payout of 61% which may imply higher shareholders confidence in the companys financial position and its ab ility to generate cash flow in the future. The companys total assets are worth 23,316mn in 2008 whereas its current liabilities and long term obligations were 7,974mn and 9,933mn. The companys equity is 5,338mn and EPS of 0.49 (BMW AG). Despite of the recession in the global economy the company has been able to generate healthy earnings and its share prices have been on the rise in the last 9 months period soon trading at 35.94 on Xetra Exchange after closing at low of close to 18 in Feb 2009 (BMW AG).Group Management Report identified current financial crisis and slowdown in consumer expenditure as one of the major reasons of companys financial deteriorating financial performance. The falling revenues within dissimilar business segments lead to lower dividend payout than previous year. The company had to pull back its capital expenditures on diametrical upcoming automobile models in
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