BMW - How much do they spend on R&D?

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Sat 10 Nov 2007 23:40
How much do they spend on R&D? - Blue {P}
Hi all, I bet someone can help me answer this question. I need to do a project on BMW group and their approach to R&D and Innovation.

The very first question that I need to answer is how much they spend each year on R&D as a proportion of total turnover, I've been scouring their annual report and looking at the cash flow statements but I can't find this figure anywhere!

Go on, you know you want to help! :-)

Blue
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Sun 11 Nov 2007 08:26
How much do they spend on R&D? - rjr
From the 2006 BMW Group Annual Report:

"Research and development costs were 3.2% higher than in 2005, and represented 5.2% of revenues (2005: 5.3%). Research and development costs include amortisation of capitalised development costs amounting to euro 872 million (2005: euro 745 million). Total research and development costs amounted to euro 3,208 million (2005: euro 3,115 million). This figure comprises research costs, development costs not recognised as assets and capitalised development costs. The research and development expenditure ratio for 2006 was 6.5%
(2005: 6.7%)."
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Sun 11 Nov 2007 11:48
How much do they spend on R&D? - Blue {P}
Thank you! Thank you! Thank you!

I don't know quite how I missed that, I honestly thought that it ould be in the cash flow statements somewhere, guess I should have done another accountancy module!

Blue
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Sun 11 Nov 2007 15:27
How much do they spend on R&D? - Westpig
Blimey rjr impressive reply..........and next week's lottery numbers?
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Sun 11 Nov 2007 23:31
How much do they spend on R&D? - MichaelR
Sounds an awful lot like the question for coursework in a module I did last year Blue!
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Mon 12 Nov 2007 00:06
How much do they spend on R&D? - Blue {P}
Fancy sending it to me? lol :-)

Blue
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Mon 12 Nov 2007 00:14
How much do they spend on R&D? - MichaelR
Unfortunately it wasn't on BMW! But this year I've got to use Strategic Group Analysis to compare BMW and Mercedes..
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Mon 12 Nov 2007 01:19
How much do they spend on R&D? - Blue {P}
Close enough, once I've managed to fill up 2,500 words on BMW I need to cram another 500 in about another company for comparison! Merc's as good as any company i suppose!

So far I'm at 172, so just a few more to go and then I'm done then, I do wish there was somewhere I could just buy this degree/piece of paper from, the stuff that I seem to be learning has so far had very little bearing on my actual job and I can't help but wonder why I am sat here at 1:20am trying to spew words into my laptop!

Blue
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