13. Noncontrolling Interests
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.
Million € |
2025 |
2024 |
|---|---|---|
Noncontrolling interests in profits |
144 |
199 |
Noncontrolling interests in losses |
–38 |
–44 |
Total |
107 |
155 |
Noncontrolling interests in profits decreased versus the prior year, in particular due to a lower earnings contribution from BASF TotalEnergies Petrochemicals LLC, Houston, Texas, which also generated the largest share of noncontrolling interests in profits. In each of the years 2025 and 2024, noncontrolling interests in profits included €21 million from the discontinued coatings business.
Income and expenses recognized in equity that were attributable to noncontrolling interests totaled -€134 million in 2025 and €54 million in 2024. These effects mainly resulted from currency translation in both years.
|
|
December 31, 2025 |
December 31, 2024 |
||
|---|---|---|---|---|---|
|
|
Equity interest |
Equity interest |
||
Group company |
Partner |
% |
Million € |
% |
Million € |
BASF India Limited, Mumbai, India |
Free float |
26.67 |
99 |
26.67 |
110 |
BASF PETRONAS Chemicals Sdn. Bhd., Kuala Lumpur, Malaysia |
PETRONAS Chemicals Group Berhad, Kuala Lumpur, Malaysia |
40.00 |
180 |
40.00 |
214 |
BASF Shanghai Coatings Co., Ltd., Shanghai, China |
Shanghai Huayi Fine Chemical Co., Ltd, Shanghai, China |
40.00 |
106 |
40.00 |
129 |
BASF Shanshan Battery Materials Co., Ltd., Changsha, China |
Ningbo Yongxiang Investment Co., Ltd., Ningbo, China |
49.00 |
241 |
49.00 |
275 |
BASF TODA Battery Materials LLC, Yamaguchi, Japan |
TODA KOGYO CORP., Hiroshima, Japan |
34.00 |
25 |
34.00 |
33 |
BASF TotalEnergies Petrochemicals LLC, Houston, Texas |
TotalEnergies Petrochemicals & Refining USA, Inc., Houston, Texas |
40.00 |
249 |
40.00 |
240 |
Shanghai BASF Polyurethane Company Ltd., Shanghai, China |
Shanghai Huayi Holdings Group Co., Ltd, Shanghai, China, and SINOPEC Shanghai Gaoqiao Petrochemical Company Limited, Shanghai, China |
30.00 |
116 |
30.00 |
128 |
Other |
|
|
127 |
|
154 |
Total |
|
|
1,143 |
|
1,284 |