BASF Report 2024

Statement of Changes in Equity

The content of this section is not part of the statutory audit of the annual financial statements but has undergone a separate limited assurance by our auditor.

The content of this section is voluntary, unaudited information, which was critically read by the auditor.

BASF Group

Statement of changes in equitya

Million €

Subscribed
capital

Capital
reserves

Retained
earnings

Remea­surement of defined benefit plans

Currency
translation

Measurement
of securities
at fair value

Cash flow
hedges

Other compre­hensive
income

Equity attributable to share­holders of BASF SE

Non­controlling
interests

Equity

January 1, 2024

1,142

3,139

32,517

–1,739

320

–167

65

–1,521

35,277

1,368

36,646

Dividends paid

–

–

–3,035

–

–

–

–

–

–3,035

–249b

–3,284

Income after taxes

–

–

1,298

–

–

–

–

–

1,298

155

1,453

Other comprehensive income after taxes

–

–

–

1,477

782

–1

–151

2,107

2,107

54

2,161

Gains and losses on cash flow hedges and hedging costs, eliminated from other comprehensive income not affecting profit and loss

–

–

–

–

–

–

38

38

38

–

38

Changes in scope of consolidation and other changes

–

–

103

–188

–

–

–

–188

–86

–17

–103

Changes in noncontrolling interests

–

–

–

–

–

–

–

–

–

–26

–26

December 31, 2024

1,142

3,139

30,883

–451

1,102

–168

–48

435

35,599

1,285

36,884

a

For more information on the items relating to equity, see Notes 18 and 19.

b

Including profit and loss transfers
Statement of changes in equitya

Million €

Subscribed
capital

Capital
reserves

Retained
earnings

Remea­surement of defined benefit plans

Currency
translation

Measurement
of securities
at fair value

Cash flow
hedges

Other compre­hensive
income

Equity attributable to share­holders of BASF SE

Non­controlling
interests

Equity

January 1, 2023

1,144

3,147

35,453

–1,207

1,540

–

–504

–171

39,573

1,350

40,923

Treasury shares

–2

2

–70

–

–

–

–

–

–70

–

–70

Dividends paid

–

–

–3,035

–

–

–

–

–

–3,035

–60b

–3,095

Income after taxes

–

–

225

–

–

–

–

–

225

154

379

Other comprehensive income after taxes

–

–

–

–591

–1,220

–172

506

–1,477

–1,477

–74

–1,551

Gains and losses on cash flow hedges and hedging costs, eliminated from other comprehensive income not affecting profit and loss

–

–

–

–

–

–

64

64

64

–

64

Changes in scope of consolidation and other changes

–

–9

–58

59

–

5

–

64

–3

–

–3

December 31, 2023

1,142

3,139

32,517

–1,739

320

–167

65

–1,521

35,277

1,368

36,646

a

For more information on the items relating to equity, see Notes 18 and 19.

b

Including profit and loss transfers

This content fulfills the Disclosure Requirements of the European Sustainability Reporting Standards (ESRS). The  ESRS Index gives an overview of the references to the ESRSs in this report.

Published on March 21, 2025