Factbook

Other

Activities that are not allocated to any of the divisions are recorded under Other. These include commodity trading, engineering and other services, as well as rental income and leases. Discontinued operations and certain activities remaining after divestitures are also reported here.

The following activities and transactions are presented under Other:

Cross-divisional corporate research working on long-term topics and technologies of strategic importance to the BASF Group.
The BASF Group’s steering by corporate headquarters.
Other businesses which include commodity trading, engineering and other services, as well as rental income and leases. In addition, discontinued operations and certain activities remaining after divestitures as well as remanent fixed costs resulting from organizational changes or restructuring that are not allocated to the operating divisions are reported here.
Foreign currency results not allocated to the segments and measurement effects from the hedging of raw materials price and foreign currency exchange risks as well as gains and losses from the long-term incentive programs (LTI programs).
Trade with renewable energies as well as the activities of the Net Zero Accelerator unit, in which cross-company Projects to achieve climate protection targets were bundled until December 31, 2024.
Idle capacity costs from internal human resource platforms as well as consolidation effects that cannot be allocated to a division.

In 2024, sales in Other amounted to €3,312 million, €92 million above the prior-year figure. This was mainly due to an increase in commodity and energy trading.

EBITDA before special items declined by €112 million year on year to –€578 million. This resulted from currency effects, hedging and other measurement effects included in other expenses as well as lower earnings contributions from other businesses.

EBITDA in Other included special items amounting to –€601 million in 2024. This included special charges in the amount of €301 million for the class settlement, which does not constitute any admission of liability, in connection with AFFF multidistrict litigation in the United States.

Financial data – Other¹

Million €	2024	2023	+/–
Sales	3,312	3,220	2.8%
Income from operations before depreciation, amortization and special items	–578	–466	–24.0%
of which costs for cross-divisional corporate research	–183	–227	19.4%
costs of corporate headquarters	–232	–222	–4.4%
other businesses	171	200	–14.6%
miscellaneous income and expenses	–334	–218	–53.6%
Income from operations before depreciation and amortization (EBITDA)	–1,179	–626	–88.5%
Depreciation and amortization²	161	153	5.5%
Income from operations (EBIT)	–1,340	–778	–72.2%
Special items in EBIT	–622	–164	–279.1%
EBIT before special items	–718	–614	–16.9%
Investments including acquisitions³	241	195	23.2%
Assets (December 31)⁴	15,609	14,393	8.4%
Research and development expenses	276	356	–22.5%

1 Information on the composition of Other can be found in the BASF Report 2024.

2 Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

3 Additions to property, plant and equipment and intangible assets

4 Includes assets of businesses recognized under Other and reconciliation to assets of the BASF Group

Other

Financial data – Other1

Financial data – Other¹