Other

Sales in Other rose by €57 million compared with 2018 to €2,898 million. This was mainly due to the remaining activities of BASF’s paper and water chemicals business, which were not part of the transfer to Solenis and are reported under Other.

At minus €688 million, income from operations before special items in Other was down €227 million from the prior-year figure. This was largely attributable to valuation effects for our long-term incentive program.

Financial data – Othera (Million €)

 

2019

2018

+/–

a

Information on the composition of Other can be found in the Notes to the Consolidated Financial Statements.

b

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

c

Contains assets of businesses recognized under Other as well as reconciliation to assets of the BASF Group including the disposal groups for the oil and gas business and the construction chemicals business

d

Additions to intangible assets and property, plant and equipment

Sales

2,898

2,841

2%

Income from operations before depreciation and amortization and special items

(521)

(335)

(56%)

Income from operations before depreciation and amortization (EBITDA)

(483)

(378)

(28%)

Depreciation and amortizationb

184

128

44%

Income from operations (EBIT)

(667)

(506)

(32%)

Special items

21

(45)

.

EBIT before special items

(688)

(461)

(49%)

of which costs for cross-divisional corporate research

(397)

(414)

4%

costs of corporate headquarters

(231)

(249)

7%

other businesses

73

25

192%

foreign currency results, hedging and other measurement effects

(89)

324

.

miscellaneous income and expenses

(44)

(147)

70%

Assetsc

27,585

26,856

3%

Investments including acquisitionsd

299

759

(61%)

Research and development expenses

411

414

(1%)