BASF Group 2014 at a glance

At BASF, we create chemistry – and have been doing so for 150 years. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through research and innovation, we support our customers in nearly every industry in meeting the current and future needs of society. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future.

Economic data

 

 

 

2014

20131

Change in %

1

The figures for the 2013 business year have been restated following BASF’s and Gazprom’s agreement on December 18, 2014, not to proceed with an asset swap planned for the end of 2014. This required the dissolution of the disposal group created at the end of 2012 to which the affected assets and liabilities had been reclassified in the financial statements. A detailed overview of the resulting adjustments to 2013 and 2014 can be found at basf.com/publications.

2

For more information, see Adjusted earnings per share.

3

Including acquisitions

Sales

 

million €

74,326

73,973

0.5

Income from operations before depreciation and amortization (EBITDA)

 

million €

11,043

10,432

5.9

Income from operations (EBIT) before special items

 

million €

7,357

7,077

4.0

Income from operations (EBIT)

 

million €

7,626

7,160

6.5

Income from operations (EBIT) after cost of capital

 

million €

1,368

1,768

(22.6)

Income before taxes and minority interests

 

million €

7,203

6,600

9.1

Net income

 

million €

5,155

4,792

7.6

Earnings per share

 

5.61

5.22

7.5

Adjusted earnings per share2

 

5.44

5.31

2.4

Dividend per share

 

2.80

2.70

3.7

Cash provided by operating activities

 

million €

6,958

8,100

(14.1)

Additions to property, plant and equipment and intangible assets3

 

million €

7,285

7,726

(5.7)

Depreciation and amortization3

 

million €

3,417

3,272

4.4

Return on assets

 

%

11.7

11.5

Return on equity after tax

 

%

19.7

19.2

Value added

Value added 2014

Value added 2014 (graphic)

1 The figures for the 2013 business year have been restated following BASF’s and Gazprom’s agreement on December 18, 2014, not to proceed with an asset swap planned for the end of 2014. This required the dissolution of the disposal group created at the end of 2012 to which the affected assets and liabilities had been reclassified in the financial statements. A detailed overview of the resulting adjustments to 2013 and 2014 can be found at basf.com/publications.

4 Value added results from the company’s performance minus goods and services purchased, depreciation and amortization. Business performance includes sales revenues, other operating income, interest income and net income from shareholdings. Value added shows the BASF Group’s contribution to both private and public income as well as its distribution among all stakeholders.

Innovation

 

 

 

2014

2013

Change in %

Research expenses

 

million €

1,884

1,849

1.9

Number of employees in research and development at year-end

 

 

10,697

10,631

0.6

Employees and society

 

 

 

2014

2013

Change in %

Employees at year-end

 

 

113,292

112,206

1.0

Apprentices at year-end

 

 

3,186

3,060

4.1

Personnel expenses

 

million €

9,224

9,285

(0.7)

Donations and sponsorship

 

million €

45.4

49.2

(7.7)

Supply chain management and Responsible Care

 

 

2014

2013

Change in %

Number of on-site sustainability audits of raw material suppliers

 

120

155

(22.6)

Number of environmental and safety audits

 

121

132

(8.3)

Number of short-notice audits

 

73

22

231.8

Number of occupational medicine and health protection audits

 

48

44

9.1

Safety and health

 

 

 

2014

2013

Change in %

5

For more information, see Production.

Transportation accidents

 

per 10,000 shipments

0.20

0.22

(9.1)

Product spillages during transportation

 

per 10,000 shipments

0.23

0.23

0

Lost-time injuries

 

per million working hours

1.5

1.4

2.8

Health Performance Index5

 

 

0.91

0.89

2.2

Environment

 

 

 

2014

2013

Change in %

6

Primary energy used in BASF’s plants as well as in the plants of our energy suppliers to cover energy demand for production processes

7

Excluding emissions from oil and gas production

Primary energy usage6

 

million MWh

59.0

59.2

(0.3)

Energy efficiency in production processes

 

metric tons of sales product/MWh

0.588

0.592

(0.7)

Total water withdrawal

 

million cubic meters

1,877

1,781

5.4

Withdrawal of drinking water

 

million cubic meters

22.7

22.6

0.4

Emissions of organic substances to water7

 

thousand metric tons

18.7

19.7

(5.1)

Emissions of nitrogen to water7

 

thousand metric tons

3.2

2.9

10.3

Emissions of heavy metals to water7

 

metric tons

21.5

21.9

(1.8)

Emissions of greenhouse gases

 

million metric tons of CO2 equivalents

22.4

23.0

(2.6)

Emissions to air (air pollutants)7

 

thousand metric tons

31.5

32.4

(2.8)

Waste

 

million metric tons

2.1

2.5

(16.0)

Operating costs for environmental protection facilities

 

million €

897

893

0.4

Investments in environmental protection

 

million €

349

325

7.4