2 – Scope of consolidation
In addition to BASF SE, all material subsidiaries are included in the BASF Group Financial Statements on a fully consolidated basis. Joint arrangements that are classified as joint operations according to IFRS 11 are proportionally consolidated. Changes in the number of fully and proportionally consolidated companies are shown in the table.
Since the beginning of the year, BASF Services Americas S.R.L., based in Montevideo, Uruguay, and the joint operation KOLON BASF innoPOM Inc., based in Gimcheon, South Korea, were included in the scope of consolidation for the first time.
|
|
|
2016 |
2015 |
|---|---|---|---|
|
As of January 1 |
|
258 |
281 |
|
Thereof proportionally consolidated |
|
7 |
7 |
|
First-time consolidations |
|
2 |
5 |
|
Thereof proportionally consolidated |
|
1 |
− |
|
Deconsolidations |
|
− |
6 |
|
Thereof proportionally consolidated |
|
− |
− |
|
As of March 31 |
|
260 |
280 |
|
Thereof proportionally consolidated |
|
8 |
7 |
|
|
|
2016 |
2015 |
|---|---|---|---|
|
As of January 1 |
|
32 |
34 |
|
As of March 31 |
|
32 |
35 |