Factbook

Ten-Year Summary

Million €	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Statement of income
Sales	74,326	70,449	57,550	61,223¹	60,220²	59,316	59,149	78,598	87,327	68,902
Income from operations (EBIT)	7,626	6,248	6,275	7,587¹	5,974²	4,201	−191	7,677	6,548	2,240
Income before income taxes	7,203	5,548	5,395	6,882¹	5,233²	3,302	−1,562	7,448	1,190	1,420
Income after taxes from continuing operations	–	–	–	5,592¹	4,116²	2,546	−1,471	6,018	−391	379
Income after taxes from discontinued operations	–	–	–	760¹	863²	5,945	396	−36	−	−
Income after taxes	5,492	4,301	4,255	6,352	4,979	8,491	−1,075	5,982	−391	379
Net income	5,155	3,987	4,056	6,078	4,707	8,421	−1,060	5,523	−627	225
Income from operations before depreciation, amortization and special items (EBITDA before special items)	10,454	10,508	10,327	10,738¹	9,271²	8,324	7,435	11,348	10,762	7,671
EBIT before special items	7,357	6,739	6,309	7,645¹	6,281²	4,643	3,560	7,768	6,878	3,806

Capital expenditures, depreciation and amortization
Additions to property, plant and equipment and intangible assets	7,285	6,013	7,258	4,364	10,735	4,097	4,869	4,881	4,967	6,006
of which property, plant and equipment	6,369	5,742	4,377	4,028	5,040	3,842	4,075	4,410	4,842	5,864
Depreciation and amortization of property. plant and equipment and intangible assets	3,417	4,401	4,251	4,202	3,750	4,146	6,685	3,678	4,200	4,941
of which property, plant and equipment	2,770	3,600	3,691	3,586	3,155	3,408	5,189	3,064	3,549	4,062

Number of employees at year-end	113,292	112,435	113,830	115,490	122,404	117,628	110,302	111,047	111,481	111,991

Personnel expenses	9,224	9,982	10,165	10,610	10,659	10,924	10,576	11,097	11,400	10,950

Research and development expenses	1,884	1,953	1,863	1,843¹	1,994²	2,158	2,086	2,216	2,298	2,130

Balance sheet (IFRS)
Total assets	71,359	70,836	76,496	78,768	86,556	86,950	80,292	87,383	84,472	77,395
Noncurrent assets	43,939	46,270	50,550	47,623	43,335	55,960	50,424	52,332	47,050	45,923
of which intangible assets	12,967	12,537	15,162	13,594	16,554	14,525	13,145	13,499	13,273	12,216
of which property, plant and equipment	23,496	25,260	26,413	25,258	20,780	21,792	19,647	21,553	22,967	24,080
Current assets	27,420	24,566	25,946	31,145	43,221	30,990	29,868	35,051	37,422	31,472
of which inventories	11,266	9,693	10,005	10,303	12,166	11,223	10,010	13,868	16,028	13,876
of which accounts receivable, trade	10,385	9,516	10,952	10,801	10,665	9,093	9,466	11,942	12,055	10,414
of which cash and cash equivalents	1,718	2,241	1,375	6,495	2,300	2,427	4,330	2,624	2,516	2,624
Equity	28,195	31,545	32,568	34,756	36,109	42,350	34,398	42,081	40,923	36,646
Total liabilities	43,164	39,291	43,928	44,012	50,447	44,600	45,894	45,301	43,550	40,750
of which financial indebtedness	15,384	15,197	16,312	18,032	20,841	18,377	19,214	17,184	19,016	19,268

Key data
Earnings per share (€)	5.61	4.34	4.42	6.62¹	5.12	9.17	–1.15	6.01	-0.7	0.25
Adjusted earnings per share (€)	5.44	5.00	4.83	6.44¹	5.87	4.00	3.21	6.76	6.96	2.78
Cash flows from operating activities	6,958	9,446	7,717	8,785	7,939	7,474	5,413	7,245	7,709	8,111
EBITDA margin before special items (%)	14.1	14.9	17.9	17.5²	15.4²	14.0	12.6	14.4	12.3	11.1
Return on assets (%)	11.7	8.7	8.2	9.5²	7.1	4.5	–1.2	9.5	2.1	2.8
Return on equity after tax (%)	19.7	14.4	13.3	18.9	14.1	21.6	–2.8	15.6	-0.9	1.0
Return on capital employed (ROCE) (%)	–	–	–	15.4	12.0²	7.7	1.7	13.7	10	4.5

Appropriation of profits
Net income of BASF SE³	5,853	2,158	2,808	3,130	2,982	3,899	3,946	3,928	3,849	7,434
Dividend	2,572	2,664	2,755	2,847	2,939	3,031	3,031	3,072	3,035	3,035
Dividend per share (€)	2.80	2.90	3.00	3.10	3.20	3.30	3.30	3.40	3.40	3.40

Number of shares as of December 31	918.5	918.5	918.5	918.5	918.5	918.5	918.5	918.5	893.9	892.5

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

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

3 Calculated in accordance with German GAAP