General
Information
Last Update:
March 1, 2012

We create chemistry
for a sustainable future.

  • sticky loves wet (Foto) Enlarge image

    sticky loves wet

    We encounter innovations in chemistry every day – even where we don’t expect to. They improve our quality of life. ACRESIN® is a smart chemical that stays sticky in wet conditions – it doesn’t matter if you are at the beach, in the swimming pool or in the shower. We are always improving our existing product portfolio. In 2011, around
    1,050 newly registered patents attested to this power of innovation.

    For more on innovation, see

    Strategy and values Innovation
  • kids love chemistry (Foto) Enlarge image

    kids love chemistry

    In our society, education is a key resource around the world for economic and social progress. BASF is committed to introducing the next generation to the world of chemistry.
    In 2011, the International Year of Chemistry, 54,813 young people in
    33 countries conducted experiments in BASF’s Kids’ Labs and Teens’ Labs, exploring the scientific phenomena of everyday life.

    For more on vocational training and career development, see

    Vocational and further training Social commitment
  • warm houses love energy bills (Foto) Enlarge image

    warm houses love energy bills

    We at BASF have made it our business to develop sustainable solutions for the construction industry. We offer our customers solutions that help them to build energy-saving, long-lasting structures. BASF’s materials and construction solutions are more effective than conventional insulation systems, which saves money in the long term. With products like Neopor® and Elastopor®, houses stay warmer in the winter and waste less energy.

    For more on climate protection, see
  • ecology loves economy (Foto) Enlarge image

    ecology loves economy

    With resources becoming scarcer and greenhouse gas emissions increasing, we need a fundamental change in how we approach mobility. Whether subway, automobile or airplane – sustainable transportation solutions are in demand. BASF has recognized this potential and offers, for example, numerous innovations as a development partner for the automotive industry. Whether in the form of advanced plastics for lightweight design, modern emissions control catalysts, materials for safe high-performance batteries in electric cars or innovative concepts for temperature management, BASF makes an essential contribution to the energy efficiency of tomorrow.

    For more on mobility, see

    Innovation Plastics
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Supplementary information on oil and gas producing activities

(unaudited)

Overview

Supplemental information on the Exploration & Production business sector of the Oil & Gas segment

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Reserves

Proven oil and gas reserves are the estimated volumes of crude oil, natural gas and natural gas liquids that are shown by geological and engineering data with reasonable certainty to be recoverable in future years from known reserves under existing economic and operating conditions.

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Operating Results of Operations

This represents only those revenues and expenses directly associated with Wintershall’s oil and gas production.

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Costs

Costs incurred represent amounts capitalized or charged against income as incurred in connection with oil and gas property acquisition, exploration and development activities.

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Capitalized Costs

Capitalized costs represent total expenditures on proven and unproven oil and gas properties with related accumulated depreciation, depletion and amortization.

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Capitalized Exploration Costs

Exploratory drilling costs are capitalized until the drilling of the well is complete.

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Net Cash Flows

Standardized measure of discounted future net cash flows relating to proven oil and gas reserves (SMOG)

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