Global
Investors

Statement of Income

Quarterly Statement Q1 2023

Million € 2023 2022 +/–
Sales revenue 19,991 23,083 –13.4%
Cost of sales −14,744 −17,081 13.7%
Gross profit on sales 5,247 6,003 –12.6%
       
Selling expenses −2,231 −2,220 –0.5%
General administrative expenses −366 −366 0.2%
Research and development expenses −538 −569 5.5%
Other operating income 310 311 –0.1%
Other operating expenses −636 −505 –25.9%
Income from integral companies accounted for using the equity method 80 132 –39.3%
Income from operations (EBIT) 1,867 2,785 –33.0%
       
Income from non-integral companies accounted for using the equity method 179 −792 .
Income from other shareholdings 18 10 77.3%
Expenses from other shareholdings −14 −15 6.3%
Net income from shareholdings 183 −797 .
       
Interest income 60 41 44.7%
Interest expenses −179 −121 –48.5%
Interest result
−119 −79 –50.5%
Other financial income 33 13 149.8%
Other financial expenses −32 −44 26.0%
Other financial result 1 −31 .
Financial result −119 −110 –8.0%
       
Income before income taxes 1,930 1,878 2.8%
Income taxes −326 −557 41.4%
Income after taxes 1,604 1,321 21.4%

of which attributable to shareholders of BASF SE (net income)

1,562 1,221 27.9%

of which attributable to noncontrolling interests

42 100 –57.7%
       
Earnings per share (€) 1.75 1.34 30.6%

Diluted earnings per share (€)

1.75 1.34 30.6%
Last Update April 27, 2023