BASF Report 2025

24. Other Financial Obligations

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.

The figures listed below are stated at nominal value:

Other financial obligations

Million €

December 31, 2025

December 31, 2024

Bills of exchange

2

1

Guarantees

20

20

Warranties

29

32

Collateral granted on behalf of third-party liabilities

0

Initiated investment projects

4,243

7,027

of which purchase commitments

952

2,158

for the purchase of intangible assets

6

7

Payment and loan commitments and other financial obligations

396

430

The table does not include financial guarantees (for more information on financial guarantees, see Note 25). Of the initiated investment projects, companies allocated to the coatings disposal group accounted for €79 million as of December 31, 2025.

Obligations arising from purchase contracts

Obligations from purchase contracts resulted primarily from long-term purchase obligations for raw materials. Starting from December 31, 2025, obligations arising from supply agreements for energy from renewable sources are shown in Note 25.2.

Obligations arising from purchase contracts

Million €

December 31, 2025

December 31, 2024

Following year 1

7,391

7,169

Following year 2

3,120

3,341

Following year 3

1,801

2,798

Following year 4

1,734

2,433

Following year 5

1,646

2,322

Following year 6 and maturities beyond this year

5,163

11,228

Total

20,854

29,292

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