Statement of Income

Statement of income (Million €)

 

 

Q1

 

 

2021

2020

+/–

Sales revenue

 

19,400

16,753

16%

Cost of sales

 

–14,302

–12,226

–17%

Gross profit on sales

 

5,098

4,527

13%

 

 

 

 

 

Selling expenses

 

–1,908

–1,971

3%

General administrative expenses

 

–326

–324

–1%

Research and development expenses

 

–511

–494

–3%

Other operating income

 

336

500

–33%

Other operating expenses

 

–516

–788

35%

Income from integral companies accounted for using the equity method

 

138

6

.

Income from operations (EBIT)

 

2,311

1,456

59%

 

 

 

 

 

Income from non-integral companies accounted for using the equity method

 

82

–166

.

Income from other shareholdings

 

12

12

Expenses from other shareholdings

 

–26

–14

–86%

Net income from shareholdings

 

68

–168

.

 

 

 

 

 

Interest income

 

38

46

–17%

Interest expenses

 

–123

–150

18%

Interest result

 

–85

–104

18%

Other financial income

 

15

88

–83%

Other financial expenses

 

–62

–72

14%

Other financial result

 

–47

16

.

Financial result

 

–132

–88

–50%

 

 

 

 

 

Income before income taxes

 

2,247

1,200

87%

Income taxes

 

–437

–319

–37%

Income after taxes from continuing operations

 

1,810

881

105%

Income after taxes from discontinued operations

 

22

Income after taxes

 

1,810

903

100%

of which attributable to shareholders of BASF SE (net income)

 

1,718

885

94%

attributable to noncontrolling interests

 

92

18

411%

 

 

 

 

 

Earnings per share from continuing operations

1.87

0.95

97%

Earnings per share from discontinued operations

0.02

Basic earnings per share

1.87

0.97

93%

Diluted earnings per share

1.87

0.97

93%