Statement of Income

BASF Group

Statement of income (Million €)
Explanations in Note		2023	2022
Sales revenue	7	68,902	87,327
Cost of sales	8	–52,200	–66,260
Gross profit on sales		16,702	21,067

Selling expenses	8	–8,788	–9,613
General administrative expenses	8	–1,506	–1,520
Research and development expenses	8	–2,130	–2,298
Other operating income	9	1,990	1,808
Other operating expenses	9	–4,221	–3,283
Income from integral companies accounted for using the equity method	10	192	386
Income from operations	5	2,240	6,548

Income from non-integral companies accounted for using the equity method		–114	–4,885
Income from other shareholdings		55	34
Expenses from other shareholdings		–141	–89
Net income from shareholdings	10	–200	–4,939

Interest income		322	196
Interest expenses		–860	–629
Interest result		–538	–433
Other financial income		199	182
Other financial expenses		–281	–168
Other financial result		–82	15
Financial result	11	–620	–418

Income before income taxes		1,420	1,190
Income taxes	12	–1,041	–1,581
Income after taxes		379	–391
of which attributable to shareholders of BASF SE (net income)		225	–627
attributable to noncontrolling interests	13	154	236

Earnings per share (€)	6	0.25	–0.70
Dilution effect (€)	6	–	–
Diluted earnings per share (€)	6	0.25	–0.70

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