Ten-Year Summary (XLS:) XLS Million € 2010 2011 2012a 2013b 2014 2015 2016 2017c 2018 2019 a We have applied International Reporting Standards IFRS 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. b Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group. c Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements. d Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see the Notes to the Consolidated Financial Statements. e Calculated in accordance with German GAAP Statement of income Sales 63,873 73,497 72,129 73,973 74,326 70,449 57,550 61,223 60,220d 59,316 Income from operations (EBIT) 7,761 8,586 6,742 7,160 7,626 6,248 6,275 7,587 5,974d 4,052 Income before income taxes 7,373 8,970 5,977 6,600 7,203 5,548 5,395 6,882 5,233d 3,302 Income after taxes from continuing operations – – – – – – – 5,592 4,116d 2,546 Income after taxes from discontinued operations – – – – – – – 760 863 d 5,945 Income after taxes 5,074 6,603 5,067 5,113 5,492 4,301 4,255 6,352 4,979 8,491 Net income 4,557 6,188 4,819 4,792 5,155 3,987 4,056 6,078 4,707 8,421 Income from operations before depreciation and amortization (EBITDA) 11,131 11,993 10,009 10,432 11,043 10,649 10,526 10,765 8,970d 8,036 EBIT before special items 8,138 8,447 6,647 7,077 7,357 6,739 6,309 7,645 6,281d 4,536 Capital expenditures, depreciation and amortization Additions to property, plant and equipment and intangible assets 5,304 3,646 5,263 7,726 7,285 6,013 7,258 4,364 10,735 4,097 of which property, plant and equipment 3,294 3,199 4,084 6,428 6,369 5,742 4,377 4,028 5,040 3,842 Depreciation and amortization of property, plant and equipment and intangible assets 3,370 3,407 3,267 3,272 3,417 4,401 4,251 4,202 3,750d 4,146 of which property, plant and equipment 2,667 2,618 2,594 2,631 2,770 3,600 3,691 3,586 3,155d 3,408 Number of employees At year-end 109,140 111,141 110,782 112,206 113,292 112,435 113,830 115,490 122,404 117,628 Annual average 104,043 110,403 109,969 111,844 112,644 113,249 111,975 114,333 118,371 119,200 Personnel expenses 8,228 8,576 8,963 9,285 9,224 9,982 10,165 10,610 10,659 10,924 Research and development expenses 1,492 1,605 1,732 1,849 1,884 1,953 1,863 1,843 1,994d 2,158 Key data Earnings per share € 4.96 6.74 5.25 5.22 5.61 4.34 4.42 6.62 5.12 9.17 Adjusted earnings per share € 5.73 6.26 5.64 5.31 5.44 5.00 4.83 6.44 5.87 4.00 Cash flows from operating activities 6,460 7,105 6,602 8,100 6,958 9,446 7,717 8,785 7,939 7,474 EBITDA margin % 17.4 16.3 13.9 14.1 14.9 15.1 18.3 17.6 14.9d 13.5 Return on assets % 14.7 16.1 11.0 11.5 11.7 8.7 8.2 9.5 7.1 4.5 Return on equity after tax % 24.6 27.5 19.9 19.2 19.7 14.4 13.3 18.9 14.1 21.6 Return on capital employed (ROCE) % – – – – – – – 15.4 12.0d 7.7 Appropriation of profits Net income of BASF SEe 3,737 3,506 2,880 2,826 5,853 2,158 2,808 3,130 2,982 3,899 Dividend 2,021 2,296 2,388 2,480 2,572 2,664 2,755 2,847 2,939 3,030 Dividend per share € 2.20 2.50 2.60 2.70 2.80 2.90 3.00 3.10 3.20 3.30 Number of shares as of December 31 million 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5 918.5 (XLS:) XLS Balance sheet (IFRS) Million € 2010 2011 2012a 2013b 2014 2015 2016 2017c 2018 2019 a We have applied International Reporting Standards IFRS 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. b Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group. c As of January 1, 2019, tax provisions are no longer reported under other provisions, but under tax provisions and deferred tax liabilities. Figures for 2018 have been restated; no restatement was made for 2017 and earlier. Intangible assets 12,245 11,919 12,193 12,324 12,967 12,537 15,162 13,594 16,554 14,525 Property, plant and equipment 17,241 17,966 16,610 19,229 23,496 25,260 26,413 25,258 20,780 21,792 Investments accounted for using the equity method 1,328 1,852 3,459 4,174 3,245 4,436 4,647 4,715 2,203 15,008 Other financial assets 1,953 848 613 643 540 526 605 606 570 636 Deferred taxes 1,112 941 1,473 1,006 2,193 1,791 2,513 2,118 2,342 2,887 Other receivables and miscellaneous assets 653 561 911 877 1,498 1,720 1,210 1,332 886 1,112 Noncurrent assets 34,532 34,087 35,259 38,253 43,939 46,270 50,550 47,623 43,335 55,960 Inventories 8,688 10,059 9,581 10,160 11,266 9,693 10,005 10,303 12,166 11,223 Accounts receivable, trade 10,167 10,886 9,506 10,233 10,385 9,516 10,952 10,801 10,665 9,093 Other receivables and miscellaneous assets 3,883 3,781 3,455 3,714 4,032 3,095 3,078 3,494 3,139 3,790 Marketable securities 16 19 14 17 19 21 536 52 344 444 Cash and cash equivalents 1,493 2,048 1,647 1,827 1,718 2,241 1,375 6,495 2,300 2,427 Assets of disposal groups 614 295 3,264 – − − − − 14,607 4,013 Current assets 24,861 27,088 27,467 25,951 27,420 24,566 25,946 31,145 43,221 30,990 Assets 59,393 61,175 62,726 64,204 71,359 70,836 76,496 78,768 86,556 86,950 Subscribed capital 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 1,176 Capital reserves 3,216 3,203 3,188 3,165 3,143 3,141 3,130 3,117 3,118 3,115 Retained earnings 15,817 19,446 23,708 26,102 28,777 30,120 31,515 34,826 36,699 42,056 Other comprehensive income 1,195 314 (3,461) (3,400) (5,482) (3,521) (4,014) (5,282) (5,939) (4,850) Noncontrolling interests 1,253 1,246 1,010 630 581 629 761 919 1,055 853 Equity 22,657 25,385 25,621 27,673 28,195 31,545 32,568 34,756 36,109 42,350 Provisions for pensions and similar obligations 2,778 3,189 5,421 3,727 7,313 6,313 8,209 6,293 7,434 7,683 Tax provisions and deferred tax liabilitiesc 2,467 2,628 2,234 2,894 3,420 3,381 3,317 2,731 2,346 2,280 Other provisionsc 3,352 3,335 2,925 3,226 3,502 3,369 3,667 3,478 1,301 1,340 Financial indebtedness 11,670 9,019 8,704 11,151 11,839 11,123 12,545 15,535 15,332 15,015 Other liabilities 901 1,142 1,111 1,194 1,197 869 873 1,095 705 1,678 Noncurrent liabilities 21,168 19,313 20,395 22,192 27,271 25,055 28,611 29,132 27,118 27,996 Accounts payable, trade 4,738 5,121 4,502 5,153 4,861 4,020 4,610 4,971 5,122 5,087 Provisions 3,324 3,210 2,628 2,670 2,844 2,540 2,802 3,229 3,252 2,938 Tax liabilities 1,140 1,038 870 968 1,079 1,082 1,288 1,119 695 756 Financial indebtedness 3,369 3,985 4,094 3,256 3,545 4,074 3,767 2,497 5,509 3,362 Other liabilities 2,802 3,036 2,623 2,292 3,564 2,520 2,850 3,064 2,998 3,427 Liabilities of disposal groups 195 87 1,993 – − − − − 5,753 1,034 Current liabilities 15,568 16,477 16,710 14,339 15,893 14,236 15,317 14,880 23,329 16,604 Equity and liabilities 59,393 61,175 62,726 64,204 71,359 70,836 76,496 78,768 86,556 86,950 back next