Statement of Income

BASF Group

Statement of income (Million €)

 

 

Explanations in Note

2018

2017 restated1

2017 previous

1

Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see Note 1.4

Sales revenue

 

[1][4]

62,675

61,223

64,475

Cost of sales

 

[6]

(44,319)

(41,591)

(43,929)

Gross profit on sales

 

 

18,356

19,632

20,546

 

 

 

 

 

 

Selling expenses

 

[6]

(8,588)

(8,182)

(8,262)

General administrative expenses

 

[6]

(1,426)

(1,330)

(1,412)

Research and development expenses

 

[6]

(2,028)

(1,843)

(1,888)

Other operating income

 

[7]

1,815

1,569

1,916

Other operating expenses

 

[8]

(2,365)

(2,582)

(2,949)

Income from companies accounted for using the equity method

 

[9]

269

323

571

Income from operations

 

[4]

6,033

7,587

8,522

 

 

 

 

 

 

Income from other shareholdings

 

 

36

27

31

Expenses from other shareholdings

 

 

(78)

(57)

(60)

Net income from shareholdings

 

 

(42)

(30)

(29)

Interest income

 

 

174

177

226

Interest expenses

 

 

(540)

(492)

(560)

Interest result

 

 

(366)

(315)

(334)

Other financial income

 

 

32

39

70

Other financial expenses

 

 

(369)

(399)

(429)

Other financial result

 

 

(337)

(360)

(359)

Financial result

 

[10]

(745)

(705)

(722)

 

 

 

 

 

 

Income before income taxes

 

 

5,288

6,882

7,800

Income taxes

 

[11]

(1,138)

(1,290)

(1,448)

Income after taxes from continuing operations

 

 

4,150

5,592

Income after taxes from discontinued operations

 

[2]

829

760

Income after taxes

 

 

4,979

6,352

6,352

 

 

 

 

 

 

Noncontrolling interests

 

[12]

(272)

(274)

(274)

Net income

 

 

4,707

6,078

6,078

 

 

 

 

 

 

Earnings per share from continuing operations (€)

 

[5]

4.29

5.84

Earnings per share from discontinued operations (€)

 

[5]

0.83

0.78

Earnings per share (€)

 

[5]

5.12

6.62

6.62

Dilution effect (€)

 

[5]

(0.01)

(0.01)

(0.01)

Diluted earnings per share (€)

 

[5]

5.11

6.61

6.61