Global
Investors

Statement of Income

BASF Report 2018

Million € Explanations in Note 2018 2017
restated 1
2017
previous
Sales revenue [1],[4] 62,675 61,223 64,475
Cost of sales [6] (44,319) (41,591) (43,929)
Gross profit on sales   18,356 19,632 20,546
         
Selling expenses [6]

(8,588) (8,182) (8,262)
General administrative expenses [6]

(1,426) (1,330) (1,412)
Research and development expenses [6]

(2,028) (1,843) (1,888)
Other operating income [7] 1,815 1,569 1,916
Other operating expenses [8] (2,365) (2,582) (2,949)
Income from companies accounted for using the equity method [9] 269 323 571
Income from operations [4] 6,033 7,587 8,522
         
Income from other shareholdings   36 27 31
Expenses from other shareholdings   (78) (57) (60)
Net income from shareholdings   (42) (30) (29)
Interest income   174 177 226
Interest expenses   (540) (492) (560)
Interest result
  (366) (315) (334)
Other financial income   32 39 70
Other financial expenses   (369) (399) (429)
Other financial result   (337) (360) (359)
Financial result [10] (745) (705) (722)
         
Income before income taxes   5,288 6,882 7,800
Income taxes [11] (1,138) (1,290) (1,448)
Income after taxes from continuing operations   4,150 5,592
Income after taxes from discontinued operations [2] 829 760
Income after taxes   4,979 6,352 6,352
         
Noncontrolling interests [12] (272) (274) (274)
Net income   4,707 6,078 6,078
         
Earnings per share from continuing operations (€) [5] 4.29 5.84
Earnings per share from discontinued operations (€) [5] 0.83 0.78
Earnings per share (€) [5] 5.12 6.62 6.62

Dilution effect (€)

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

Diluted earnings per share (€)

[5] 5.11 6.61 6.61

1 Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. More information.

Last Update 26 February 2019