Home About This Report Content and Structure Data External Audit Forward-Looking Statements Functions in the Online Report Shareholders Letter from the Chairman Board of Executive Directors BASF on the Capital Market Share Performance Dividend Share Buyback Program Shareholder Base Sustainable Investment Analysts’ Recommendations Investor Relations Methane Pyrolysis Circular Economy Climate-Friendly Mobility Renewable Energies Management’s Report Overview Nonfinancial Statement TCFD Recommendations BASF Group Sites, Markets, Environment Organization of the BASF Group How We Create Value Our Strategy In Focus: Our Journey to Climate Neutrality Our Strategic Action Areas Global Standards In Focus: Global Trends Business Models of the Segments Our Targets Material Investments and Portfolio Measures Steering Concept In Focus: Circular Economy Sustainability Concept Innovation In Focus: From the Lab to Real-World Applications BASF Group Business Year Economic Environment Results of Operations Net Assets Financial Position Forecast/Actual Comparison Segments Chemicals Materials Industrial Solutions Surface Technologies Nutrition & Care Agricultural Solutions Other Oil and Gas Business Regional Results E.U. Taxonomy Sustainability Along the Value Chain Valuing and Respecting People Responsible Procurement Safe and Efficient Production Sustainable Solutions Forecast Economic Environment Outlook 2022 Opportunities and Risks Corporate Governance Corporate Governance Report Board of Executive Directors Supervisory Board Compensation of Board Members Participation of Women in Leadership Positions Shareholders’ Rights German Corporate Governance Code Disclosures Share Ownership by Board Members Compliance Management and Supervisory Boards Report of the Supervisory Board Declaration of Conformity Declaration of Corporate Governance Financial Statements Statement by the Board of Executive Directors Audit Auditor’s Report Auditor’s Report Regarding the Integrated Non-Financial Group Statement Sustainability Performance Information Statement of Income Statement of Income and Expense Recognized in Equity Balance Sheet Statement of Cash Flows Statement of Changes in Equity Notes 1. Accounting Policies 2. Scope of Consolidation 3. Acquisitions and Divestitures 4. List of Shares Held 5. Reporting by Segment and Region 6. Earnings per Share 7. Sales Revenue 8. Functional Costs 9. Other Operating Income and Expenses 10. Equity-Accounted Companies 11. Financial Result 12. Income Taxes 13. Noncontrolling Interests 14. Intangible Assets 15. Property, Plant and Equipment 16. Leases 17. Inventories 18. Receivables and Assets 19. Capital, Reserves and Retained Earnings 20. Other Comprehensive Income 21. Liabilities 22. Provisions for Pensions 23. Other Provisions 24. Risks from Litigation 25. Other Obligations 26. Financial Instruments 27. Cash Flows and Capital Structure 28. Personnel Expenses and Employees 29. Share Price-Based Compensation Program 30. Compensation of Board Members 31. Related Parties 32. Services Provided by the External Auditor 33. Declaration of Conformity with the German Corporate Governance Code 34. Non-Adjusting Events After the Balance Sheet Date Overviews GRI and Global Compact Index Universal Standards Topic-Specific Standards Ten-Year Summary Glossary and Trademarks Financial Calendar