BASF Group H1 2020

(XLS:) XLS

 

 

Q2

H1

 

 

2020

2019

+/–

2020

2019

+/–

a

The statement of income for 2019 was adjusted retroactively on presentation of the construction chemicals activities as a discontinued operation from December 21, 2019, onward. For more information, see the BASF Report 2019, Note 1.4.

b

In the second half of 2019, the gain on the disposal of the oil and gas business was adjusted retroactively as of May 1, 2019.

c

The 2019 figures have been restated to reflect the reclassification of income from non-integral companies accounted for using the equity method to net income from shareholdings. For more information, see Note 1

d

Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

e

Additions to property, plant and equipment and intangible assets

Salesa

Million €

12,680

14,478

(12%)

29,433

30,074

(2%)

Income from operations before depreciation, amortization and special itemsa, c

Million €

1,229

1,885

(35%)

3,808

4,527

(16%)

Income from operations before depreciation and amortization (EBITDA)a, c

Million €

1,070

1,546

(31%)

3,498

4,316

(19%)

EBITDA margin

%

8.4

10.7

−

11.9

14.4

−

Depreciation and amortizationd

Million €

1,011

1,039

(3%)

1,983

2,030

(2%)

Income from operations (EBIT)a, c

Million €

59

507

(88%)

1,515

2,286

(34%)

Special items

Million €

(167)

(488)

66%

(351)

(459)

24%

EBIT before special itemsa, c

Million €

226

995

(77%)

1,866

2,745

(32%)

Income before income taxesa

Million €

(923)

293

.

277

1,849

(85%)

Income after taxes from continuing operations

Million €

(888)

243

.

(7)

1,406

.

Income after taxes from discontinued operationsb

Million €

14

5,686

(100%)

36

5,963

(99%)

Net incomeb

Million €

(878)

5,954

.

7

7,360

(100%)

Earnings per sharea, b

€

(0.95)

6.48

.

0.01

8.01

(100%)

Adjusted earnings per sharea, b

€

0.25

0.83

(70%)

1.51

2.47

(39%)

 

 

 

 

 

 

 

 

Research and development expenses

Million €

480

518

(7%)

974

1,021

(5%)

Personnel expenses

Million €

2,679

2,865

(6%)

5,505

5,768

(5%)

Number of employees (June 30)

 

117,563

118,705

(1%)

117,563

118,705

(1%)

 

 

 

 

 

 

 

 

Assets (June 30)

Million €

90,369

88,397

2%

90,369

88,397

2%

Investments including acquisitionse

Million €

654

1,060

(38%)

2,790

1,775

57%

 

 

 

 

 

 

 

 

Equity ratio (June 30)

%

42.5

45.6

−

42.5

45.6

−

Net debt (June 30)

Million €

20,519

18,872

9%

20,519

18,872

9%

Cash flows from operating activities

Million €

2,242

1,946

15%

1,212

2,319

(48%)

Free cash flow

Million €

1,516

965

57%

(83)

597

.