Statement of Cash Flows
Half-Year Financial Report 2021
|Depreciation and amortization of property, plant and equipment and intangible assets||883||1,050||1,748||2,049|
|Changes in net working capital||9||1,190||–2,764||–1,810|
|Cash flows from operating activities||2,537||2,242||2,012||1,212|
|Payments made for property, plant and equipment and intangible assets||–767||–726||–1,223||–1,295|
|Changes in financial assets and miscellaneous items||–35||21||–7||15|
|Cash flows from investing activities||323||–705||–112||–2,525|
|Capital increases/repayments and other equity transactions||−||3||−||4|
|Changes in financial and similar liabilities||–999||3,470||–282||7,799|
|Cash flows from financing activities||–4,144||373||–3,434||4,667|
|Cash-effective changes in cash and cash equivalentsa||–1,284||1,910||–1,534||3,354|
|Cash and cash equivalents at the beginning of the period and other changesb||4,153||3,852||4,403||2,408|
|Cash and cash equivalents at the end of the periodb||2,869||5,762||2,869||5,762|
a In the first quarter of 2020, BASF SE transferred securities in the amount of €80 million to BASF Pensionstreuhand e.V., Ludwigshafen am Rhein, Germany. This transfer was not cash effective and therefore had no effect on the statement of cash flows.
b In 2021 and 2020, cash and cash equivalents presented in the statement of cash flows deviate from the figures in the balance sheet, as the relevant amounts were reclassified in the balance sheet to assets of disposal groups. The disposal group for the pigments business contained cash and cash equivalents of €5 million as of January 1, 2021, and March 31, 2021. As of January 1, 2020, cash and cash equivalents deviate from the figure in the balance sheet due to the reclassification of cash and cash equivalents to the disposal groups for the construction chemicals business (€21 million) and the pigments business (€7 million). As of March 31, 2020, €24 million was reclassified in the balance sheet to the disposal group for the construction chemicals business, and €12 million to the disposal group for the pigments business.