Statement of Income

BASF Group

Statement of income (Million €)

Explanations
in Note

2019

2018
restateda

2018
previous

a

Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see Note 1.4 of these Notes.

Sales revenue

[6]

59,316

60,220

62,675

Cost of sales

[6]

(43,061)

(42,914)

(44,319)

Gross profit on sales

 

16,255

17,306

18,356

 

 

 

 

 

Selling expenses

[7]

(7,912)

(7,715)

(8,588)

General administrative expenses

[7]

(1,310)

(1,356)

(1,426)

Research and development expenses

[7]

(2,158)

(1,994)

(2,028)

Other operating income

[8]

2,095

1,812

1,815

Other operating expenses

[8]

(3,034)

(2,348)

(2,365)

Income from companies accounted for using the equity method

[9]

116

269

269

Income from operations

[4]

4,052

5,974

6,033

 

 

 

 

 

Income from other shareholdings

 

33

35

36

Expenses from other shareholdings

 

(78)

(78)

(78)

Net income from shareholdings

 

(45)

(43)

(42)

Interest income

 

183

174

174

Interest expenses

 

(648)

(537)

(540)

Interest result

 

(465)

(363)

(366)

Other financial income

 

35

33

32

Other financial expenses

 

(275)

(368)

(369)

Other financial result

 

(240)

(335)

(337)

Financial result

[10]

(750)

(741)

(745)

 

 

 

 

 

Income before income taxes

 

3,302

5,233

5,288

Income taxes

[11]

(756)

(1,117)

(1,138)

Income after taxes from continuing operations

 

2,546

4,116

4,150

Income after taxes from discontinued operations

[2]

5,945

863

829

Income after taxes

 

8,491

4,979

4,979

 

 

 

 

 

Noncontrolling interests

[12]

(70)

(272)

(272)

Net income

 

8,421

4,707

4,707

 

 

 

 

 

Earnings per share from continuing operations (€)

[5]

2.72

4.26

4.29

Earnings per share from discontinued operations (€)

[5]

6.45

0.86

0.83

Earnings per share (€)

[5]

9.17

5.12

5.12

Dilution effect (€)

[5]

(0.02)

(0.01)

(0.01)

Diluted earnings per share (€)

[5]

9.15

5.11

5.11