Task : BMW financial statements

Have a look at the BMW financial statements in the learning room.

Over the lunch break (or now if we have time), see if you can answer the following questions:

Review accounts for BMW for 2020 in the learning room.

From the table of contents, see how many pages are there in the full set of financial statements!?

Can you find the auditors opinion? Why is this important?

Review the Cash Flow Statement

Can you spot the adjustments from accruals based profit to cash?

Why do you think the cash flow statement is split into the three sections?

What do you notice about the cash and cash equivalents line on the Statement of Financial Position?