BASF Report 2021

Other

Sales in Other rose by €1,306 million compared with 2020 to €3,666 million. This was primarily the result of higher sales in commodity trading.

At –€643 million, income from operations before special items in Other was €126 million above the prior-year figure. This was largely attributable to lower miscellaneous income and expenses, as well as a higher contribution from other businesses.

EBIT rose by €562 million to –€641 million. This included special income, mainly from the partial release of provisions for the restructuring of the Global Business Services unit. In the previous year, special charges arose for their recognition.

Financial data – Othera (Million €)

 

2021

2020

+/–

Sales

3,666

2,360

55.3%

Income from operations before depreciation, amortization and special items

–489

–609

19.7%

Income from operations before depreciation and amortization (EBITDA)

–484

–1,032

53.1%

Depreciation and amortizationb

157

171

–8.2%

Income from operations (EBIT)

–641

–1,203

46.8%

Special items

3

–434

.

EBIT before special items

–643

–769

16.4%

of which costs for cross-divisional corporate research

–355

–364

2.5%

costs of corporate headquarters

–255

–214

–19.2%

other businesses

180

143

25.9%

foreign currency results, hedging and other measurement effects

–62

–58

–6.9%

miscellaneous income and expenses

–151

–276

45.3%

Assetsc

23,121

24,131

–4.2%

Investments including acquisitionsd

183

156

17.0%

Research and development expenses

378

385

–1.8%

a

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

b

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

c

Contains assets of businesses recognized under Other as well as reconciliation to assets of the BASF Group

d

Additions to property, plant and equipment and intangible assets