16 – Liabilities

Liabilities (Million €)

 

 

June 30, 2019

December 31, 2018

June 30, 2018

 

 

Current

Noncurrent

Current

Noncurrent

Current

Noncurrent

Accounts payable, trade

 

4,835

5,122

5,032

Bonds and other liabilities to the capital market

 

4,091

13,816

4,603

13,841

2,875

14,883

Liabilities to credit institutions

 

986

2,144

906

1,491

775

1,756

Financial indebtedness

 

5,077

15,960

5,509

15,332

3,650

16,639

Tax liabilities

 

763

695

1,217

Advances received on orders

 

207

903

100

Negative fair values from derivatives and liabilities for precious metal obligations

 

419

240

342

230

937

273

Liabilities related to social security

 

88

57

85

58

106

72

Miscellaneous liabilities

 

2,461

1,529

1,633

394

2,459

724

Deferred income

 

59

25

35

23

58

22

Other liabilities

 

3,234

1,851

2,998

705

3,660

1,091

Liabilities

 

13,909

17,811

14,324

16,037

13,559

17,730

The increase in miscellaneous liabilities compared with December 31, 2018, and as of June 30, 2018, was mainly attributable to the initial application of IFRS 16.

Financial indebtedness (Million €)

 

 

 

 

 

Carrying amounts based on effective interest method

 

 

 

Currency

Nominal valuea

Effective interest rate

June 30, 2019

December 31, 2018

June 30, 2018

a

Million in issuing currency as of the balance sheet date

BASF SE

 

 

 

 

 

 

 

Commercial paper

 

USD

2,836

 

2,488

2,549

1,094

1.500%

Bond 2012/2018

 

EUR

1,000

1.51%

999

1.375%

Bond 2014/2019

 

EUR

750

1.44%

750

750

variable

Bond 2017/2019

 

EUR

1,250

variable

1,251

1,252

1,258

variable

Bond 2013/2020

 

EUR

300

variable

300

300

300

1.875%

Bond 2013/2021

 

EUR

1,000

1.47%

1,006

1,008

1,008

2.500%

Bond 2017/2022

 

USD

500

2.65%

438

435

427

1.375%

Bond 2018/2022

 

GBP

250

1.52%

278

278

281

2.000%

Bond 2012/2022

 

EUR

1,250

1.93%

1,253

1,254

1,252

0.925%

Bond 2017/2023

 

USD

850

0.83%

713

703

688

0.875%

Bond 2016/2023

 

GBP

250

1.06%

277

277

279

2.500%

Bond 2014/2024

 

EUR

500

2.60%

498

498

498

1.750%

Bond 2017/2025

 

GBP

300

1.87%

332

333

336

0.875%

Bond 2018/2025

 

EUR

750

0.97%

746

745

745

3.675%

Bond 2013/2025

 

NOK

1,450

3.70%

149

146

152

0.875%

Bond 2017/2027

 

EUR

1,000

1.04%

987

986

985

2.670%

Bond 2017/2029

 

NOK

1,600

2.69%

165

161

168

0.875%

Bond 2019/2029

 

EUR

250

1.01%

247

1.500%

Bond 2018/2030

 

EUR

500

1.63%

494

494

493

1.500%

Bond 2016/2031

 

EUR

200

1.58%

198

198

198

0.875%

Bond 2016/2031

 

EUR

500

1.01%

493

492

492

2.370%

Bond 2016/2031

 

HKD

1,300

2.37%

146

145

142

1.450%

Bond 2017/2032

 

EUR

300

1.57%

296

296

296

3.000%

Bond 2013/2033

 

EUR

500

3.15%

492

492

491

2.875%

Bond 2013/2033

 

EUR

200

3.09%

198

198

198

4.000%

Bond 2018/2033

 

AUD

160

4.24%

96

96

1.625%

Bond 2017/2037

 

EUR

750

1.73%

737

737

737

3.250%

Bond 2013/2043

 

EUR

200

3.27%

200

199

199

1.025%

Bond 2018/2048

 

JPY

10,000

1.03%

81

79

3.890%

U.S. private placement series A 2013/2025

 

USD

250

3.92%

219

218

214

4.090%

U.S. private placement series B 2013/2028

 

USD

700

4.11%

614

610

599

4.430%

U.S. private placement series C 2013/2034

 

USD

300

4.45%

263

261

257

BASF Finance Europe N.V.

 

 

 

 

 

 

 

0.000%

Bond 2016/2020

 

EUR

1,000

0.14%

998

997

997

3.625%

Bond 2018/2025

 

USD

200

3.69%

175

174

171

0.750%

Bond 2016/2026

 

EUR

500

0.88%

495

495

495

Other bonds

 

 

 

 

584

588

559

Bonds and other liabilities to the capital market

 

 

 

 

17,907

18,444

17,758

Liabilities to credit institutions

 

 

 

 

3,130

2,397

2,531

Financial indebtedness

 

 

 

 

21,037

20,841

20,289