- BASF Group’s financial contribution to private and public income
- Increase of 12% compared with 2010 to €18,652 million
Our value added statement shows the BASF Group’s contribution to both private and public income, and how our economic activities provide value to society.
Value added results from the company’s business performance minus goods and services purchased as well as depreciation and amortization. In contrast to the income statement, which is based on the perspective of the owners, the distribution statement takes into account all the stakeholders in this value-adding process: employees, the state, other companies, lenders and shareholders.
Value added statement BASF Group 2011
BASF Group’s value added amounted to €18,652 million in 2011. This was an increase of 12% compared with the previous year (2010: €16,658 million). The rise was primarily attributable to the increase in the business performance. The greatest share of value added was distributed to our employees, who received €8,576 million in the form of wages, salaries and social benefits. In addition, a significant share of value added was distributed to the state as taxes. This amounted to €2,711 million compared with €2,583 million in the previous year.
In 2011, BASF spent a total of €48.7 million on donations, sponsorship and funding for our own projects (2010: €49.8 million). This amount is reported in “other expenses.”
The remaining value added of €6,188 million was available to be paid out as a dividend to BASF SE shareholders or retained.
Use of value added
- €8,576 million for employees
- €2,711 million for taxes
- €6,188 million in remaining value added, to be paid as a dividend to BASF SE shareholders or retained