347 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information Notes to the Group Financial Statements Segment information by operating segment is as follows: Automotive Motorcycles Financial Services Other Entities Reconciliation to Group figures Group in € million 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 2024 2023 Revenues 124,917 132,277 3,220 3,214 38,562 36,227 14 11 – 24,333 – 16,231 142,380 155,498 thereof external revenues 103,524 118,266 3,259 3,255 35,595 33,976 2 1 – – 142,380 155,498 thereof inter-segment revenues 21,393 14,011 – 39 – 41 2,967 2,251 12 10 – 24,333 – 16,231 – – Cost of sales – 107,729 – 109,920 – 2,721 – 2,656 – 34,183 – 31,548 – – Selling and administrative expenses – 9,357 – 9,195 – 296 – 303 – 1,675 – 1,559 – 41 – 34 Other operating income 1,335 967 4 6 59 63 23 13 Other operating expenses – 1,273 – 1,148 – 9 – 2 – 252 – 128 – 21 – 3 Segment result Automotive and Motorcycles 7,893 12,981 198 259 – – – – Interest and similar income 10 5 4,593 3,403 Interest and similar expenses – 20 – 11 – 3,214 – 2,372 Other financial result 37 – 87 – 517 – 1,118 Segment result Financial Services and Other Entities 2,538 2,962 837 – 100 Result from equity accounted investments – 14 – 159 – – – – – – – – – 14 – 159 Capital expenditure on non-current assets 12,371 11,239 183 184 31,478 24,896 – – – 7,280 – 5,952 36,752 30,367 Depreciation and amortisation on non-current assets 8,504 8,826 118 116 10,705 9,759 – – – 4,699 – 4,136 14,628 14,565 Automotive Motorcycles Financial Services Other Entities Reconciliation to Group figures Group in € million 31.12.2024 31.12.2023 31.12.2024 31.12.2023 31.12.2024 31.12.2023 31.12.2024 31.12.2023 31.12.2024 31.12.2023 31.12.2024 31.12.2023 Segment assets 70,804 66,168 1,298 1,190 16,954 16,573 108,181 95,145 70,495 71,814 267,732 250,890 Investments accounted for using the equity method 553 443 – – – – – – – – 553 443 Write-downs on inventories to their net realisable value amount- ing to € 522 million (2023: € 189 million) were recognised by the Automotive segment in the financial year 2024. The reversal of impairment losses had a positive impact of € 15 million (2023: € 13 million) on the segment result of the Automotive segment. The result of the Financial Services segment was negatively im- pacted by impairment losses totalling € 607 million (2023: € 616 million) recognised on leased products. Income from the reversal of impairment losses on leased products amounted to € 311 million (2023: € 289 million). Revenues with other segments result mainly from the sale of ve- hicles, for which the Financial Services segment has concluded a financing or lease contract.