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Statement of Income

BASF Report 2019

Million € Explanations in Note 2019 2018
restated a
2018
previous
Sales revenue [6] 59,316 60,220 62,675
Cost of sales [6] (43,061) (42,914) (44,319)
Gross profit on sales   16,255 17,306 18,356
         
Selling expenses [7]

(7,912) (7,715) (8,588)
General administrative expenses [7]

(1,310) (1,356) (1,426)
Research and development expenses [7]

(2,158) (1,994) (2,028)
Other operating income [8] 2,095 1,812 1,815
Other operating expenses [8] (3,034) (2,348) (2,365)
Income from companies accounted for using the equity method [9] 116 269 269
Income from operations [4] 4,052 5,974 6,033
         
Income from other shareholdings   33 35 36
Expenses from other shareholdings   (78) (78) (78)
Net income from shareholdings   (45) (43) (42)
Interest income   183 174 174
Interest expenses   (648) (537) (540)
Interest result
  (465) (363) (366)
Other financial income   35 33 32
Other financial expenses   (275) (368) (369)
Other financial result   (240) (335) (337)
Financial result [10] (750) (741) (745)
         
Income before income taxes   3,302 5,233 5,288
Income taxes [11] (756) (1,117) (1,138)
Income after taxes from continuing operations   2,546 4,116 4,150
Income after taxes from discontinued operations [2] 5,945 863 829
Income after taxes   8,491 4,979 4,979
         
Noncontrolling interests [12] (70) (272) (272)
Net income   8,421 4,707 4,707
         
Earnings per share from continuing operations (€) [5] 2.72 4.26 4.29
Earnings per share from discontinued operations (€) [5] 6.45 0.86 0.83
Earnings per share (€) [5] 9.17 5.12 5.12

Dilution effect (€)

[5] (0.02) (0.01) (0.01)

Diluted earnings per share (€)

[5] 9.15 5.11 5.11

a Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. More information.

Last Update February 28, 2020