BASF Group 1st Quarter 2018

 

 

 

1st quarter

 

 

 

2018

2017

Change in %

1

Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and reversals of impairments)

2

Additions to intangible assets and property, plant and equipment

Sales

 

million €

16,646

16,857

(1)

Income from operations before depreciation, amortization and special items

 

million €

3,439

3,507

(2)

Income from operations before depreciation and amortization (EBITDA)

 

million €

3,448

3,502

(2)

Amortization and depreciation1

 

million €

927

1,051

(12)

Income from operations (EBIT)

 

million €

2,521

2,451

3

Special items

 

million €

9

(6)

.

EBIT before special items

 

million €

2,512

2,457

2

Financial result

 

million €

(186)

(152)

(22)

Income before taxes and minority interests

 

million €

2,335

2,299

2

Net income

 

million €

1,679

1,709

(2)

EBIT after cost of capital

 

million €

1,120

987

13

Earnings per share

 

1.83

1.86

(2)

Adjusted earnings per share

 

1.93

1.97

(2)

 

 

 

 

 

 

Research and development expenses

 

million €

428

424

1

Personnel expenses

 

million €

2,616

2,641

(1)

Number of employees (March 31)

 

 

115,770

113,873

2

 

 

 

 

 

 

Assets (March 31)

 

million €

80,453

79,074

2

Investments including acquisitions2

 

million €

666

806

(17)

 

 

 

 

 

 

Equity ratio (March 31)

 

%

45.2

43.7

3

Net debt (March 31)

 

million €

10,482

14,933

(30)

Cash flows from operating activities

 

million €

1,231

833

48

Free cash flow

 

million €

604

66

.