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Ten-year Summary

Million € 2012a 2013b 2014 2015 2016 2017 2018 2019 2020 2021
Statement of income                      
Sales 72,129 73,973 74,326 70,449 57,550 61,223c 60,220d 59,316 59,149 78,598
Income from operations (EBIT) 6,742 7,160 7,626 6,248 6,275 7,587c 5,974d 4,201 –191 7,677
Income before income taxes 5,977 6,600 7,203 5,548 5,395 6,882c 5,233d 3,302 –1,562 7,448
Income after taxes from continuing operations 5,592 4,116d 2,546 –1,471 6,018
Income after taxes from discontinued operations 760 863d 5,945 396 −36
Income after taxes 5,067 5,113 5,492 4,301 4,255 6,352 4,979 8,491 –1,075 5,982
Net income 4,819 4,792 5,155 3,987 4,056 6,078 4,707 8,421 –1,060 5,523
Income from operations before depreciation and amortization (EBITDA)
10,009 10,432 11,043 10,649 10,526 10,765c 8,970d 8,185 6,494 11,355
EBIT before special items 6,647 7,077 7,357 6,739 6,309 7,645c 6,281d 4,643 3,560 7,768
 

 

 

 

 

 

 

       
Capital expenditures, depreciation and amortization                    
Additions to property, plant and equipment and intangible assets 5,263 7,726 7,285 6,013 7,258 4,364 10,735 4,097 4,869 4,881

of which property, plant and equipment

4,084 6,428 6,369 5,742 4,377 4,028 5,040 3,842 4,075 4,410
Depreciation and amortization of property. plant and equipment and intangible assets 3,267 3,272 3,417 4,401 4,251 4,202 3,750d 4,146 6,685 3,678

of which property, plant and equipment

2,594 2,631 2,770 3,600 3,691 3,586 3,155d 3,408 5,189 3,064
 

 

 

 

 

 

 

       

Employees at year-end

110,782 112,206 113,292 112,435 113,830 115,490 122,404 117,628 110,302 111,047
 

 

 

 

 

 

 

       
Personnel expenses 8,963 9,285 9,224 9,982 10,165 10,610 10,659 10,924 10,576 11,097
 

 

 

 

 

 

 

       
Research and development expenses 1,732 1,849 1,884 1,953 1,863 1,843c 1,994d 2.158 2,086 2,216

a We have applied International Reporting Standards IFRS 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Figures for 2012 have been restated; no restatement was made for 2011 and earlier.

b Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group.

c Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements.

d Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements.

Million € 2012a 2013b 2014 2015 2016 2017c 2018 2019 2020 2021
Total assets 62,726 64,204 71,359 70,836 76,496 78,768 86,556 86,950 80,292 87,383
Noncurrent assets 35,259 38,253 43,939 46,270 50,550 47,623 43,335 55,960 50,424 52,332

of which intangible assets

12,193 12,324 12,967 12,537 15,162 13,594 16,554 14,525 13,145 13,499

of which property, plant and equipment

16,610 19,229 23,496 25,260 26,413 25,258 20,780 21,792 19,647 21,553
Current assets 27,467 25,951 27,420 24,566 25,946 31,145 43,221 30,990 29,868 35,051

of which inventories

9,581 10,160 11,266 9,693 10,005 10,303 12,166 11,223 10,010 13,868

of which accounts receivable, trade

9,506 10,233 10,385 9,516 10,952 10,801 10,665 9,093 9,466 11,942

of which cash and cash equivalents

1,647 1,827 1,718 2,241 1,375 6,495 2,300 2,427 4,330 2,624
Equity 25,621 27,673 28,195 31,545 32,568 34,756 36,109 42,350 34,398 42,081
Total liabilities 37,105 36,531 43,164 39,291 43,928 44,012 50,447 44,600 45,894 45,301

of which financial indebtedness

12,798 14,407 15,384 15,197 16,312 18,032 20,841 18,377 19,214 17,184
 

 

 

 

 

 

 

       
Key data

 

 

 

 

 

 

       
Earnings per share (€) 5.25 5.22 5.61 4.34 4.42 6.62c 5.12 9.17 –1.15 6.01
Adjusted earnings per share (€) 5.64 5.31 5.44 5.00 4.83 6.44c 5.87 4.00 3.21 6.76
Cash flows from operating activities 6,602 8,100 6,958 9,446 7,717 8,785 7,939 7,474 5,413 7,245
EBITDA margin (%) 13.9 14.1 14.9 15.1 18.3 17.6c 14.9d 13.8 11.0 14.4
Return on assets (%) 11.0 11.5 11.7 8.7 8.2 9.5c 7.1 4.5 –1.2 9.5
Return on equity after tax (%) 19.9 19.2 19.7 14.4 13.3 18.9 14.1 21.6 –2.8 15.6
Return on capital employed (ROCE) (%) 15.4 12.0d 7.7 1.7 13.5
 

 

 

 

 

 

 

       
Appropriation of profits                    
Net income of BASF SEe 2,880 2,826 5,853 2,158 2,808 3,130 2,982 3,899 3,946 3,928
Dividend 2,388 2,480 2,572 2,664 2,755 2,847 2,939 3,031 3,031 3,123f
Dividend per share (€) 2.60 2.70 2.80 2.90 3.00 3.10 3.20 3.30 3.30 3.40
 

 

 

 

 

 

 

       
Number of shares at year-end (Million) 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5

a We have applied International Reporting Standards IFRS 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Figures for 2012 have been restated; no restatement was made for 2011 and earlier.

b Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group.

c Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements.

d Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements.

e Calculated in accordance with German GAAP

f Based on the number of outstanding shares as of December 31, 2021 (918,478,694)

Last Update February 25, 2022