BASF Group Q1 2022

 

 

2022

2021

+/–

Sales

Million €

23,083

19,400

19.0%

Income from operations before depreciation, amortization and special items

Million €

3,743

3,181

17.7%

Income from operations before depreciation and amortization (EBITDA)

Million €

3,709

3,176

16.8%

EBITDA margin

%

16.1

16.4

Depreciation and amortizationa

Million €

924

865

6.8%

Income from operations (EBIT)

Million €

2,785

2,311

20.5%

Special items

Million €

–34

–10

–237.1%

EBIT before special items

Million €

2,818

2,321

21.4%

Income before income taxes

Million €

1,878

2,247

–16.4%

Income after taxes

Million €

1,321

1,810

–27.0%

Net income

Million €

1,221

1,718

–28.9%

Earnings per shareb

1.34

1.87

–28.3%

Adjusted earnings per shareb

2.70

2.00

35.0%

 

 

 

 

 

Research and development expenses

Million €

569

511

11.4%

Personnel expenses

Million €

3,067

2,947

4.1%

Employees (March 31)

 

110,828

110,261

0.5%

 

 

 

 

 

Assets (March 31)

Million €

93,983

84,833

10.8%

Investments including acquisitionsc

Million €

741

545

36.0%

 

 

 

 

 

Equity ratio (March 31)

%

45.3

46.0

Net debt (March 31)

Million €

16,251

15,962

1.8%

Cash flows from operating activities

Million €

–290

–525

44.7%

Free cash flow

Million €

–893

–981

8.9%

a

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

b

Due to the current share buyback program, the weighted average number of outstanding shares in the first quarter of 2022 was 912,885,116.

c

Additions to property, plant and equipment and intangible assets