Data

  • International Financial Reporting Standards (IFRSs) 10 and 11 and International Accounting Standard (IAS) 19 (revised) applied since January 1, 2013; figures for 2012 restated accordingly
  • Relevant information included up to editorial deadline of February 19, 2014

All information and bases for calculation in this report are based on national and international standards for financial and sustainability reporting. All of the data and information for the reporting period were sourced from the responsible units using representative methods. The reporting period was the financial year 2013.

We have applied International Financial Reporting Standards (IFRSs) 10 and 11 and International Accounting Standard (IAS) 19 (revised) since January 1, 2013. We have adjusted the figures for the 2012 business year accordingly in order to ensure comparability. These restated prior-year figures also take into account the new segment structure as of January 1, 2013.

BASF Group’s scope of consolidation for its financial reporting comprises BASF SE, with its headquarters in Ludwigshafen, Germany, as well as all of its fully consolidated material subsidiaries. Joint operations are proportionally consolidated. Following the application of IFRSs 10 and 11, four companies which had previously been fully consolidated, along with 14 which had been proportionally consolidated, are accounted for in the BASF Group Financial Statements using the equity method. This resulted in lower reported 2012 sales and income from operations for the BASF Group, especially in the Oil & Gas segment. IAS 19 (revised) describes accounting for employee benefits. Through the application of IAS 19 (revised), net income was slightly reduced for 2012.

The chapter “Working at BASF” shows employees within the BASF Group scope of consolidation as of December 31, 2013. Our data collection methods for environmental protection and occupational safety are based on the recommendations of the European Chemical Industry Council (CEFIC). In the “Environment” chapter, with its subsections on Energy and Climate Protection, Water, and Air and Soil, we align our reporting with the accounting standards IFRSs 10 and 11, effective January 1, 2013. We report on all emissions and waste from our fully consolidated companies’ production sites worldwide. The emissions, waste, energy and water use of consolidated joint operations are included pro rata, based on our stake. To ensure comparability between reporting years, we have restated the figures for the 2012 business year. We compile information on work-related accidents at all Group company sites worldwide. Accidents at joint venture sites are also compiled and reported in full. Further data on social responsibility and transportation safety apply to all consolidated Group companies, unless otherwise indicated.

To make this report as current as possible, we have included relevant information available up to the editorial deadline of February 19, 2014. The report is published each year in English and German.