Statement of Income

BASF Group

Statement of income (Million €)

Explanations in Note

2020

2019

Sales revenue

[7]

59,149

59,316

Cost of sales

[7]

–44,040

–43,061

Gross profit on sales

 

15,109

16,255

 

 

 

 

Selling expenses

[8]

–7,497

–7,912

General administrative expenses

[8]

–1,228

–1,310

Research and development expenses

[8]

–2,086

–2,158

Other operating income

[9]

1,399

2,095

Other operating expenses

[9]

–6,108

–3,034

Income from integral companies accounted for using the equity method

[10]

220

265

Income from operations

[5]

–191

4,201

 

 

 

 

Income from non-integral companies accounted for using the equity method

[10]

–925

–149

Income from other shareholdings

 

157

33

Expenses from other shareholdings

 

–141

–78

Net income from shareholdings

 

–909

–194

 

 

 

 

Interest income

 

164

183

Interest expenses

 

–537

–648

Interest result

 

–373

–465

Other financial income

 

118

81

Other financial expenses

 

–207

–321

Other financial result

 

–89

–240

Financial result

[11]

–462

–705

 

 

 

 

Income before income taxes

 

–1,562

3,302

Income taxes

[12]

91

–756

Income after taxes from continuing operations

 

–1,471

2,546

Income after taxes from discontinued operations

[3]

396

5,945

Income after taxes

 

–1,075

8,491

 

 

 

 

Noncontrolling interests

[13]

15

–70

Net income

 

–1,060

8,421

 

 

 

 

Earnings per share from continuing operations (€)

[6]

–1.58

2.72

Earnings per share from discontinued operations (€)

[6]

0.43

6.45

Earnings per share (€)

[6]

–1.15

9.17

Dilution effect (€)

[6]

0.00

–0.02

Diluted earnings per share (€)

[6]

–1.15

9.15