Ten-Year Summary

Million €

 

 

2009

2010

2011

20122

20133

2014

2015

2016

2017

2018

1

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

2

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.

3

Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group.

4

Calculated in accordance with German GAAP

Sales and earnings

 

 

 

 

 

 

 

 

 

 

 

 

Sales

 

 

50,693

63,873

73,497

72,129

73,973

74,326

70,449

57,550

61,2231

62,675

Income from operations (EBIT)

 

 

3,677

7,761

8,586

6,742

7,160

7,626

6,248

6,275

7,5871

6,033

Income before income taxes

 

 

3,079

7,373

8,970

5,977

6,600

7,203

5,548

5,395

6,8821

5,288

Income after taxes from continuing operations

 

 

5,592

4,150

Income after taxes from discontinued operations

 

 

760

829

Income after taxes

 

 

1,655

5,074

6,603

5,067

5,113

5,492

4,301

4,255

6,352

4,979

Net income

 

 

1,410

4,557

6,188

4,819

4,792

5,155

3,987

4,056

6,078

4,707

Income from operations before depreciation and amortization (EBITDA)

 

 

7,388

11,131

11,993

10,009

10,432

11,043

10,649

10,526

10,7651

9,166

EBIT before special items

 

 

4,852

8,138

8,447

6,647

7,077

7,357

6,739

6,309

7,6451

6,353

EBIT after cost of capital

 

 

(226)

3,500

2,551

1,164

1,768

1,368

194

1,136

2,9021

825

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital expenditures, depreciation and amortization

 

 

 

 

 

 

 

 

 

 

 

 

Additions to property, plant and equipment and intangible assets

 

 

5,972

5,304

3,646

5,263

7,726

7,285

6,013

7,258

4,364

10,735

of which property, plant and equipment

 

 

4,126

3,294

3,199

4,084

6,428

6,369

5,742

4,377

4,028

5,040

Depreciation and amortization of property, plant and equipment and intangible assets

 

 

3,711

3,370

3,407

3,267

3,272

3,417

4,401

4,251

4,202

3,750

of which property, plant and equipment

 

 

2,614

2,667

2,618

2,594

2,631

2,770

3,600

3,691

3,586

3,155

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of employees

 

 

 

 

 

 

 

 

 

 

 

 

At year-end

 

 

104,779

109,140

111,141

110,782

112,206

113,292

112,435

113,830

115,490

122,404

Annual average

 

 

103,612

104,043

110,403

109,969

111,844

112,644

113,249

111,975

114,333

118,371

 

 

 

 

 

 

 

 

 

 

 

 

 

Personnel expenses

 

 

7,107

8,228

8,576

8,963

9,285

9,224

9,982

10,165

10,610

10,659

 

 

 

 

 

 

 

 

 

 

 

 

 

Research and development expenses

 

 

1,398

1,492

1,605

1,732

1,849

1,884

1,953

1,863

1,8431

2,028

 

 

 

 

 

 

 

 

 

 

 

 

 

Key data

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per share

 

1.54

4.96

6.74

5.25

5.22

5.61

4.34

4.42

6.62

5.12

Adjusted earnings per share

 

3.01

5.73

6.26

5.64

5.31

5.44

5.00

4.83

6.44

5.87

Cash flows from operating activities

 

 

5,693

6,460

7,105

6,602

8,100

6,958

9,446

7,717

8,785

7,939

EBITDA margin

 

%

14.6

17.4

16.3

13.9

14.1

14.9

15.1

18.3

17.61

14.6

Return on assets

 

%

7.5

14.7

16.1

11.0

11.5

11.7

8.7

8.2

9.51

7.1

Return on equity after tax

 

%

8.9

24.6

27.5

19.9

19.2

19.7

14.4

13.3

18.9

14.1

Return on capital employed (ROCE)

 

%

15.4

11.4

 

 

 

 

 

 

 

 

 

 

 

 

 

Appropriation of profits

 

 

 

 

 

 

 

 

 

 

 

 

Net income of BASF SE4

 

 

2,176

3,737

3,506

2,880

2,826

5,853

2,158

2,808

3,130

2,982

Dividend

 

 

1,561

2,021

2,296

2,388

2,480

2,572

2,664

2,755

2,847

2,939

Dividend per share

 

1.70

2.20

2.50

2.60

2.70

2.80

2.90

3.00

3.10

3.20

 

 

 

 

 

 

 

 

 

 

 

 

 

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

Balance sheet (IFRS)

Million €

 

2009

2010

2011

20121

20132

2014

2015

2016

2017

2018

1

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.

2

Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group

3

As of January 1, 2018, receivables from bank acceptance drafts are no longer reported under trade accounts receivable, but under the item other receivables and other assets. The 2017 figures have been restated accordingly.

Intangible assets

 

10,449

12,245

11,919

12,193

12,324

12,967

12,537

15,162

13,594

16,554

Property, plant and equipment

 

16,285

17,241

17,966

16,610

19,229

23,496

25,260

26,413

25,258

20,780

Investments accounted for using the equity method

 

1,340

1,328

1,852

3,459

4,174

3,245

4,436

4,647

4,715

2,203

Other financial assets

 

1,619

1,953

848

613

643

540

526

605

606

570

Deferred taxes

 

1,042

1,112

941

1,473

1,006

2,193

1,791

2,513

2,118

2,342

Other receivables and miscellaneous noncurrent assets

 

946

653

561

911

877

1,498

1,720

1,210

1,332

886

Noncurrent assets

 

31,681

34,532

34,087

35,259

38,253

43,939

46,270

50,550

47,623

43,335

 

 

 

 

 

 

 

 

 

 

 

 

Inventories

 

6,776

8,688

10,059

9,581

10,160

11,266

9,693

10,005

10,303

12,166

Accounts receivable, trade

 

7,738

10,167

10,886

9,506

10,233

10,385

9,516

10,952

10,8013

10,665

Other receivables and miscellaneous current assets

 

3,223

3,883

3,781

3,455

3,714

4,032

3,095

3,078

3,4943

3,139

Marketable securities

 

15

16

19

14

17

19

21

536

52

344

Cash and cash equivalents

 

1,835

1,493

2,048

1,647

1,827

1,718

2,241

1,375

6,495

2,300

Assets of disposal groups

 

614

295

3,264

14,607

Current assets

 

19,587

24,861

27,088

27,467

25,951

27,420

24,566

25,946

31,145

43,221

 

 

 

 

 

 

 

 

 

 

 

 

Total assets

 

51,268

59,393

61,175

62,726

64,204

71,359

70,836

76,496

78,768

86,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Subscribed capital

 

1,176

1,176

1,176

1,176

1,176

1,176

1,176

1,176

1,176

1,176

Capital reserves

 

3,229

3,216

3,203

3,188

3,165

3,143

3,141

3,130

3,117

3,118

Retained earnings

 

12,916

15,817

19,446

23,708

26,102

28,777

30,120

31,515

34,826

36,699

Other comprehensive income

 

156

1,195

314

(3,461)

(3,400)

(5,482)

(3,521)

(4,014)

(5,282)

(5,939)

Noncontrolling interests

 

1,132

1,253

1,246

1,010

630

581

629

761

919

1,055

Equity

 

18,609

22,657

25,385

25,621

27,673

28,195

31,545

32,568

34,756

36,109

 

 

 

 

 

 

 

 

 

 

 

 

Provisions for pensions and similar obligations

 

2,255

2,778

3,189

5,421

3,727

7,313

6,313

8,209

6,293

7,434

Other provisions

 

3,289

3,352

3,335

2,925

3,226

3,502

3,369

3,667

3,478

1,860

Deferred taxes

 

2,093

2,467

2,628

2,234

2,894

3,420

3,381

3,317

2,731

1,787

Financial indebtedness

 

12,444

11,670

9,019

8,704

11,151

11,839

11,123

12,545

15,535

15,332

Other liabilities

 

898

901

1,142

1,111

1,194

1,197

869

873

1,095

705

Noncurrent liabilities

 

20,979

21,168

19,313

20,395

22,192

27,271

25,055

28,611

29,132

27,118

 

 

 

 

 

 

 

 

 

 

 

 

Accounts payable, trade

 

2,786

4,738

5,121

4,502

5,153

4,861

4,020

4,610

4,971

5,122

Provisions

 

3,276

3,324

3,210

2,628

2,670

2,844

2,540

2,802

3,229

3,252

Tax liabilities

 

1,003

1,140

1,038

870

968

1,079

1,082

1,288

1,119

695

Financial indebtedness

 

2,375

3,369

3,985

4,094

3,256

3,545

4,074

3,767

2,497

5,509

Other liabilities

 

2,240

2,802

3,036

2,623

2,292

3,564

2,520

2,850

3,064

2,998

Liabilities of disposal groups

 

195

87

1,993

5,753

Current liabilities

 

11,680

15,568

16,477

16,710

14,339

15,893

14,236

15,317

14,880

23,329

 

 

 

 

 

 

 

 

 

 

 

 

Total equity and liabilities

 

51,268

59,393

61,175

62,726

64,204

71,359

70,836

76,496

78,768

86,556