Other

Data for Other1 (million €)

 

 

2016

2015

Change in %

1

Information on the composition of Other can be found in the Notes to the Consolidated Financial Statements.

2

Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and write-ups)

3

Contains assets of businesses recognized under Other as well as reconciliation to assets of the BASF Group

4

Additions to intangible assets and property, plant and equipment (including acquisitions)

Sales

 

2,018

2,790

(28)

Income from operations before depreciation and amortization (EBITDA)

 

(972)

(866)

(12)

Amortization and depreciation2

 

119

119

Income from operations (EBIT)

 

(1,091)

(985)

(11)

Special items

 

(41)

(97)

58

EBIT before special items

 

(1,050)

(888)

(18)

Assets3

 

9,374

9,632

(3)

Investments4

 

121

111

9

Research and development expenses

 

398

407

(2)

Sales in Other fell by €772 million to €2,018 million compared with 2015. Lower prices and volumes in the raw materials trading business were primarily responsible, along with the expiration of supply contracts in connection with the disposal of our share in the Ellba Eastern Private Ltd. joint operation in Singapore at the end of 2014.

Income from operations before special items in Other declined by €162 million to minus €1,050 million. This was largely attributable to valuation effects for our long-term incentive program. Positive currency effects helped slow the decline.