Statement of income and expense recognized in equity

BASF Group

Income before minority interests and income and expense recognized in equity1 (in million €)

 

 

2014

2013
restated

1

For more information on other comprehensive income, see Note 20.

2

For more information, see Note 22, “Provisions for pensions and similar obligations”.

3

For more information, see Note 27, “Supplementary information on financial instruments”.

Income before minority interests

 

5,492

5,113

 

 

 

 

Remeasurement of defined benefit plans2

 

(3,491)

1,531

Remeasurement due to acquisition of majority shares

 

(1)

Deferred taxes for items that will not be reclassified to the statement of income

 

1,095

(404)

Income and expense recognized in equity that will not be reclassified to the statement of income at a later date

 

(2,396)

1,126

 

 

 

 

Unrealized gains/losses from fair value changes in available-for-sale securities

 

7

(1)

Reclassifications of realized gains/losses recognized in the income statement

 

(1)

Fair value changes in available-for-sale securities, net3

 

6

(1)

Unrealized gains/losses from cash flow hedges

 

(510)

(46)

Reclassifications of realized gains/losses recognized in the income statement

 

47

59

Cash flow hedges, net3

 

(463)

13

Foreign currency translation adjustment

 

668

(1,098)

Deferred taxes for items that will be reclassified to the statement of income

 

103

21

Income and expense recognized in equity that will be reclassified to the statement of income at a later date

 

314

(1,065)

 

 

 

 

Minority interests

 

(163)

(34)

Total income and expense recognized in equity

 

(2,245)

27

 

 

 

 

Income before minority interests and income and expense recognized in equity

 

3,247

5,140

Thereof attributable to shareholders of BASF SE

 

3,073

4,853

attributable to minority interests

 

174

287

Development of income and expense recognized in equity of shareholders of BASF SE (in million €)

 

 

Other comprehensive income

 

 

Remeasurement of defined benefit plans

Foreign currency translation adjustment

Measurement of securities at fair value

Cash flow hedges

Remeasurement due to acquisition of majority shares

Total income and expense recognized in equity

1

Restated figures

As of January 1, 20141

 

(2,444)

(917)

15

(54)

(3,400)

Additions

 

(3,491)

6

(463)

(3,948)

Releases

 

668

668

Deferred taxes

 

1,095

(10)

(1)

114

1,198

As of December 31, 2014

 

(4,840)

(259)

20

(403)

(5,482)

 

 

 

 

 

 

 

 

As of January 1, 20131

 

(3,571)

165

17

(73)

1

(3,461)

Additions

 

Releases

 

1,531

(1,098)

(1)

13

(1)

444

Deferred taxes

 

(404)

16

(1)

6

(383)

As of December 31, 20131

 

(2,444)

(917)

15

(54)

(3,400)