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Balance sheet

Half-Year Financial Report 2020

Assets

Million €

Explanations in note June 30, 2020
June 30, 2019 +/- December 31, 2019 +/-
Intangible assets   14,874 16,328 (9%) 14,525 2%
Property, plant and equipment   21,883 22,118 (1%) 21,792 0%
Integral investments accounted for using the equity methodb   1,761 1,860 (5%) 1,885 (7%)
Non-integral investments accounted for using the equity methoda, b   11,982 14,047 (15%) 13,123 (9%)
Other financial assets   628 638 (2%) 636 (1%)
Deferred tax assets   2,826 2,973 (5%) 2,887 (2%)
Other receivables and miscellaneous assets   1,202 974 23% 1,112 8%
Noncurrent assets [11] 55,156 58,938 (6%) 55,960 (1%)
             
Inventories   10,797 12,356 (13%) 11,223 (4%)
Accounts receivable, trade   9,403 11,233 (16%) 9,093 3%
Other receivables and miscellaneous assets   4,761 3,705 29% 3,790 26%
Marketable securities   350 47 . 444 (21%)
Cash and cash equivalentsc   5,212 2,118 146% 2,427 115%
Assets of disposal groups   4,690 4,013 17%
Current assets [12] 35,213 29,459 20% 30,990 14%
Total assets   90,369 88,397 2% 86,950 4%

a In the second half of 2019, the gain on the disposal of the oil and gas business was adjusted retroactively as of May 1, 2019.

b For more information on the classification of equity-accounted investments as integral and non-integral, see Note 1.

c For a reconciliation of the amounts in the statement of cash flows with the balance sheet item cash and cash equivalents.

Equity and liabilities

Million € Explanations in note June 30, 2020

June 30, 29

+/- December 31, 2019 +/-
Subscribed capital   1,176 1,176 1,176
Capital reserves   3,115 3,118 0% 3,115
Retained earnings   39,029 40,992 (5%) 42,056 (7%)
Other comprehensive income   (5,709) (5,784) 1% (4,850) (18%)
Equity attributable to shareholders of BASF SE   37,611 39,502 (5%) 41,497 (9%)
Noncontrolling interests   770 840 (8%) 853 (10%)
Equity [13] 38,381 40,342 (5%) 42,350 (9%)
             
Provisions for pensions and similar obligations [14] 7,871 9,063 (13%) 7,683 2%
Tax provisions and deferred tax liabilitiesa   2,636 2,349 12% 2,280 16%
Other provisions [15] 1,319 1,347 (2%) 1,340 (2%)
Financial indebtedness [16] 16,664 15,960 4% 15,015 11%
Other liabilities [16] 1,819 1,851 (2%) 1,678 8%
Noncurrent liabilities   30,309 30,570 (1%) 27,996 8%
             
Accounts payable, trade   3,820 4,835 (21%) 5,087 (25%)
Provisions   3,138 3,576 (12%) 2,938 7%
Tax liabilities   931 763 22% 756 23%
Financial indebtedness   9,417 5,077 85% 3,362 180%
Other liabilities   3,179 3,234 (2%) 3,427 (7%)
Liabilities of disposal groups   1,194 1,034 15%
Current liabilities   21,679 17,485 24% 16,604 31%
Total equity and liabilities   90,369 88,397 2% 86,950 4%

a In the second half of 2019, the gain on the disposal of the oil and gas business was adjusted retroactively as of May 1, 2019.

Last Update July 29, 2020