Ten-Year Summary

2012^a

2013^b

2014

2015

2016

2017

2018

2019

2020

2021

Statement of income

Sales

72,129

73,973

74,326

70,449

57,550

61,223^c

60,220^d

59,316

59,149

78,598

Income from operations (EBIT)

6,742

7,160

7,626

6,248

6,275

7,587^c

5,974^d

4,201

–191

7,677

Income before income taxes

5,977

6,600

7,203

5,548

5,395

6,882^c

5,233^d

3,302

–1,562

7,448

Income after taxes from continuing operations

–

5,592

4,116^d

2,546

–1,471

6,018

Income after taxes from discontinued operations

–

760

863^d

5,945

396

–36

Income after taxes

5,067

5,113

5,492

4,301

4,255

6,352

4,979

8,491

–1,075

5,982

Net income

4,819

4,792

5,155

3,987

4,056

6,078

4,707

8,421

–1,060

5,523

Income from operations before depreciation and amortization (EBITDA)

10,009

10,432

11,043

10,649

10,526

10,765^c

8,970^d

8,185

6,494

11,355

EBIT before special items

6,647

7,077

7,357

6,739

6,309

7,645^c

6,281^d

4,643

3,560

7,768

Capital expenditures, depreciation and amortization

Additions to property, plant and equipment and intangible assets

5,263

7,726

7,285

6,013

7,258

4,364

10,735

4,097

4,869

4,881

of which property, plant and equipment

4,084

6,428

6,369

5,742

4,377

4,028

5,040

3,842

4,075

4,410

Depreciation and amortization of property, plant and equipment and intangible assets

3,267

3,272

3,417

4,401

4,251

4,202

3,750^d

4,146

6,685

3,678

of which property, plant and equipment

2,594

2,631

2,770

3,600

3,691

3,586

3,155^d

3,408

5,189

3,064

Employees at year-end

110,782

112,206

113,292

112,435

113,830

115,490

122,404

117,628

110,302

111,047

Personnel expenses

8,963

9,285

9,224

9,982

10,165

10,610

10,659

10,924

10,576

11,097

Research and development expenses

1,732

1,849

1,884

1,953

1,863

1,843^c

1,994^d

2,158

2,086

2,216

a	We have applied International Reporting Standards IFRS 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Figures for 2012 have been restated; no restatement was made for 2011 and earlier.
b	Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group.
c	Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements
d	Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements

Balance sheet (IFRS) (Million €)

2012^a

2013^b

2014

2015

2016

2017

2018

2019

2020

2021

Total assets

62,726

64,204

71,359

70,836

76,496

78,768

86,556

86,950

80,292

87,383

Noncurrent assets

35,259

38,253

43,939

46,270

50,550

47,623

43,335

55,960

50,424

52,332

of which intangible assets

12,193

12,324

12,967

12,537

15,162

13,594

16,554

14,525

13,145

13,499

of which property, plant and equipment

16,610

19,229

23,496

25,260

26,413

25,258

20,780

21,792

19,647

21,553

Current assets

27,467

25,951

27,420

24,566

25,946

31,145

43,221

30,990

29,868

35,051

of which inventories

9,581

10,160

11,266

9,693

10,005

10,303

12,166

11,223

10,010

13,868

of which accounts receivable, trade

9,506

10,233

10,385

9,516

10,952

10,801

10,665

9,093

9,466

11,942

of which cash and cash equivalents

1,647

1,827

1,718

2,241

1,375

6,495

2,300

2,427

4,330

2,624

Equity

25,621

27,673

28,195

31,545

32,568

34,756

36,109

42,350

34,398

42,081

Total liabilities

37,105

36,531

43,164

39,291

43,928

44,012

50,447

44,600

45,894

45,301

of which financial indebtedness

12,798

14,407

15,384

15,197

16,312

18,032

20,841

18,377

19,214

17,184

Key data

Earnings per share

€

5.25

5.22

5.61

4.34

4.42

6.62^c

5.12

9.17

–1.15

6.01

Adjusted earnings per share

€

5.64

5.31

5.44

5.00

4.83

6.44^c

5.87

4.00

3.21

6.76

Cash flows from operating activities

6,602

8,100

6,958

9,446

7,717

8,785

7,939

7,474

5,413

7,245

EBITDA margin

13.9

14.1

14.9

15.1

18.3

17.6^c

14.9^d

13.8

11.0

14.4

Return on assets

11.0

11.5

11.7

8.7

8.2

9.5^c

7.1

4.5

–1.2

9.5

Return on equity after tax

19.9

19.2

19.7

14.4

13.3

18.9

14.1

21.6

–2.8

15.6

Return on capital employed (ROCE)

–

15.4

12.0^d

7.7

1.7

13.5

Appropriation of profits

Net income of BASF SE^e

2,880

2,826

5,853

2,158

2,808

3,130

2,982

3,899

3,946

3,928

Dividend

2,388

2,480

2,572

2,664

2,755

2,847

2,939

3,031

3,123^f

Dividend per share

€

2.60

2.70

2.80

2.90

3.00

3.10

3.20

3.30

3.40

Number of shares at year-end

Million

918.5

a	We have applied International Reporting Standards IFRS 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Figures for 2012 have been restated; no restatement was made for 2011 and earlier.
b	Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group.
c	Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements
d	Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements
e	Calculated in accordance with German GAAP
f	Based on the number of outstanding shares as of December 31, 2021 (918,478,694)