Ten-year summary

Million €

 

 

2005

2006

2007

2008

2009

2010

2011

20121

20132

2014

1

We have applied International Financial Reporting Standards 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.

2

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

3

We conducted a two-for-one stock split in the second quarter of 2008. The previous year’s figures for earnings per share, dividend per share and number of shares have been adjusted accordingly.

4

Adjusted for special items and impairment of intangible assets, earnings per share were €5.44 in 2014 and €5.31 in 2013.

5

Includes the change in reporting from 2009 onward of the effects of regular extensions of U.S. dollar hedging transactions

6

Before external financing of pension obligations

7

Calculated in accordance with German GAAP

8

After deduction of repurchased shares earmarked for cancellation

Sales and earnings

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

 

42,745

52,610

57,951

62,304

50,693

63,873

73,497

72,129

73,973

74,326

Income from operations before depreciation and amortization (EBITDA)

 

 

8,233

9,723

10,225

9,562

7,388

11,131

11,993

10,009

10,432

11,043

Income from operations (EBIT)

 

 

5,830

6,750

7,316

6,463

3,677

7,761

8,586

6,742

7,160

7,626

Income before taxes

 

 

5,926

6,527

6,935

5,976

3,079

7,373

8,970

5,977

6,600

7,203

Income before minority interests

 

 

3,168

3,466

4,325

3,305

1,655

5,074

6,603

5,067

5,113

5,492

Net income

 

 

3,007

3,215

4,065

2,912

1,410

4,557

6,188

4,819

4,792

5,155

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures, depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

Additions to property, plant and equipment and intangible assets

 

 

2,523

10,039

4,425

3,634

5,972

5,304

3,646

5,263

7,726

7,285

Thereof property, plant and equipment

 

 

2,188

4,068

2,564

2,809

4,126

3,294

3,199

4,084

6,428

6,369

Depreciation and amortization of property, plant and equipment and intangible assets

 

 

2,403

2,973

2,909

3,099

3,711

3,370

3,407

3,267

3,272

3,417

Thereof property, plant and equipment

 

 

2,035

2,482

2,294

2,481

2,614

2,667

2,618

2,594

2,631

2,770

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees

 

 

 

 

 

 

 

 

 

 

 

 

At year-end

 

 

80,945

95,247

95,175

96,924

104,779

109,140

111,141

110,782

112,206

113,292

Annual average

 

 

80,992

88,160

94,893

95,885

103,612

104,043

110,403

109,969

111,844

112,644

 

 

 

 

 

 

 

 

 

 

 

 

 

Personnel expenses

 

 

5,574

6,210

6,648

6,364

7,107

8,228

8,576

8,963

9,285

9,224

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expenses

 

 

1,064

1,277

1,380

1,355

1,398

1,492

1,605

1,732

1,849

1,884

 

 

 

 

 

 

 

 

 

 

 

 

 

Key data

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share3,4

 

2.87

3.19

4.16

3.13

1.54

4.96

6.74

5.25

5.22

5.61

Cash provided by operating activities5

 

 

5,2506

5,940

5,807

5,023

5,693

6,460

7,105

6,602

8,100

6,958

EBITDA margin

 

%

19.3

18.5

17.6

15.3

14.6

17.4

16.3

13.9

14.1

14.9

Return on assets

 

%

17.7

17.5

16.4

13.5

7.5

14.7

16.1

11.0

11.5

11.7

Return on equity after tax

 

%

18.6

19.2

22.4

17.0

8.9

24.6

27.5

19.9

19.2

19.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Appropriation of profits

 

 

 

 

 

 

 

 

 

 

 

 

Net income of BASF SE7

 

 

1,273

1,951

2,267

2,982

2,176

3,737

3,506

2,880

2,826

5,853

Dividends

 

 

1,015

1,484

1,831

1,791

1,561

2,021

2,296

2,388

2,480

2,572

Dividend per share3

 

1.00

1.50

1.95

1.95

1.70

2.20

2.50

2.60

2.70

2.80

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of shares as of December 313,8

 

million

1,028.8

999.4

956.4

918.5

918.5

918.5

918.5

918.5

918.5

918.5

Balance Sheet (IFRS)

Million €

 

2005

2006

2007

2008

2009

2010

2011

20121

20132

2014

1

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

2

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

Intangible assets

 

3,720

8,922

9,559

9,889

10,449

12,245

11,919

12,193

12,324

12,967

Property, plant and equipment

 

13,987

14,902

14,215

15,032

16,285

17,241

17,966

16,610

19,229

23,496

Investments accounted for using the equity method

 

244

651

834

1,146

1,340

1,328

1,852

3,459

4,174

3,245

Other financial assets

 

813

1,190

1,952

1,947

1,619

1,953

848

613

643

540

Deferred taxes

 

1,255

622

679

930

1,042

1,112

941

1,473

1,006

2,193

Other receivables and miscellaneous noncurrent assets

 

524

612

655

642

946

653

561

911

877

1,498

Noncurrent assets

 

20,543

26,899

27,894

29,586

31,681

34,532

34,087

35,259

38,253

43,939

 

 

 

 

 

 

 

 

 

 

 

 

Inventories

 

5,430

6,672

6,578

6,763

6,776

8,688

10,059

9,581

10,160

11,266

Accounts receivable, trade

 

7,020

8,223

8,561

7,752

7,738

10,167

10,886

9,506

10,233

10,385

Other receivables and miscellaneous current assets

 

1,586

2,607

2,337

3,948

3,223

3,883

3,781

3,455

3,714

4,032

Marketable securities

 

183

56

51

35

15

16

19

14

17

19

Cash and cash equivalents

 

908

834

767

2,776

1,835

1,493

2,048

1,647

1,827

1,718

Assets of disposal groups

 

614

614

295

3,264

Current assets

 

15,127

18,392

18,908

21,274

19,587

24,861

27,088

27,467

25,951

27,420

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

35,670

45,291

46,802

50,860

51,268

59,393

61,175

62,726

64,204

71,359

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subscribed capital

 

1,317

1,279

1,224

1,176

1,176

1,176

1,176

1,176

1,176

1,176

Capital surplus

 

3,100

3,141

3,173

3,241

3,229

3,216

3,203

3,188

3,165

3,143

Retained earnings

 

11,928

13,302

14,556

13,250

12,916

15,817

19,446

23,708

26,102

28,777

Other comprehensive income

 

696

325

174

(96)

156

1,195

314

(3,461)

(3,400)

(5,482)

Minority interests

 

482

531

971

1,151

1,132

1,253

1,246

1,010

630

581

Equity

 

17,523

18,578

20,098

18,722

18,609

22,657

25,385

25,621

27,673

28,195

 

 

 

 

 

 

 

 

 

 

 

 

Provisions for pensions and similar obligations

 

1,547

1,452

1,292

1,712

2,255

2,778

3,189

5,421

3,727

7,313

Other provisions

 

2,791

3,080

3,015

2,757

3,289

3,352

3,335

2,925

3,226

3,502

Deferred taxes

 

699

1,441

2,060

2,167

2,093

2,467

2,628

2,234

2,894

3,420

Financial indebtedness

 

3,682

5,788

6,954

8,290

12,444

11,670

9,019

8,704

11,151

11,839

Other liabilities

 

1,043

972

901

917

898

901

1,142

1,111

1,194

1,197

Noncurrent liabilities

 

9,762

12,733

14,222

15,843

20,979

21,168

19,313

20,395

22,192

27,271

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable, trade

 

2,777

4,755

3,763

2,734

2,786

4,738

5,121

4,502

5,153

4,861

Provisions

 

2,763

2,848

2,697

3,043

3,276

3,324

3,210

2,628

2,670

2,844

Tax liabilities

 

887

858

881

860

1,003

1,140

1,038

870

968

1,079

Financial indebtedness

 

259

3,695

3,148

6,224

2,375

3,369

3,985

4,094

3,256

3,545

Other liabilities

 

1,699

1,824

1,976

3,434

2,240

2,802

3,036

2,623

2,292

3,564

Liabilities of disposal groups

 

17

195

87

1,993

Current liabilities

 

8,385

13,980

12,482

16,295

11,680

15,568

16,477

16,710

14,339

15,893

 

 

 

 

 

 

 

 

 

 

 

 

Total equity and liabilities

 

35,670

45,291

46,802

50,860

51,268

59,393

61,175

62,726

64,204

71,359