BASF Group Q3 2020

(XLSX:) XLS

 

 

Q3

January–September

 

 

2020

2019

+/–

2020

2019

+/–

Salesa

Million €

13,811

14,556

(5%)

43,244

44,630

(3%)

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

Million €

1,542

1,980

(22%)

5,350

6,507

(18%)

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

Million €

1,044

2,259

(54%)

4,542

6,575

(31%)

EBITDA margin

%

7.6

15.5

–

10.5

14.7

–

Depreciation and amortizationd

Million €

3,682

923

299%

5,665

2,953

92%

Income from operations (EBIT)a, c

Million €

(2,638)

1,336

.

(1,123)

3,622

.

Special items

Million €

(3,219)

280

.

(3,570)

(179)

.

EBIT before special itemsa, c

Million €

581

1,056

(45%)

2,447

3,801

(36%)

Income before income taxesa

Million €

(2,786)

1,177

.

(2,509)

3,026

.

Income after taxes from continuing operations

Million €

(2,177)

917

.

(2,184)

2,323

.

Income after taxes from discontinued operationsb

Million €

13

18

(28%)

49

5,981

(99%)

Net incomeb

Million €

(2,122)

911

.

(2,115)

8,271

.

Earnings per sharea, b

€

(2.31)

1.00

.

(2.30)

9.01

.

Adjusted earnings per sharea, b

€

0.60

0.89

(33%)

2.11

3.36

(37%)

 

 

 

 

 

 

 

 

Research and development expenses

Million €

518

532

(3%)

1,492

1,553

(4%)

Personnel expenses

Million €

2,590

2,584

0%

8,095

8,352

(3%)

Number of employees (September 30)

 

117,922

118,648

(1%)

117,922

118,648

(1%)

 

 

 

 

 

 

 

 

Assets (September 30)

Million €

86,973

89,229

(3%)

86,973

89,229

(3%)

Investments including acquisitionse

Million €

811

1,018

(20%)

3,601

2,793

29%

 

 

 

 

 

 

 

 

Equity ratio (September 30)

%

39.8

45.8

–

39.8

45.8

–

Net debt (September 30)

Million €

15,702

17,804

(12%)

15,702

17,804

(12%)

Cash flows from operating activities

Million €

2,100

1,998

5%

3,312

4,317

(23%)

Free cash flow

Million €

1,364

1,072

27%

1,281

1,669

(23%)

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 in the Half-Year Financial Report. 

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