Cash flow BASF SE

Equities

BAS

DE000BASF111

Diversified Chemicals

Market Closed - Xetra Other stock markets 11:35:18 2024-09-06 am EDT			5-day change	1st Jan Change
43.42 ^EUR	-2.89%		-5.31%	-11.00%

Sep. 06	Barclays rates BASF at 'Equal Weight' - Target 57 euros	DP
Sep. 06	BASF SE : Barclays remains Neutral	ZD

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Published financial data: BASF SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	59.32B	59.15B	78.6B	87.33B	68.9B
Total Revenues	59.32B	59.15B	78.6B	87.33B	68.9B
Cost of Goods Sold, Total	43.35B	44.38B	59.09B	66.7B	52.51B
Gross Profit	15.97B	14.77B	19.51B	20.63B	16.4B
Selling General & Admin Expenses, Total	9.38B	8.84B	9.9B	11.2B	10.38B
Exploration / Drilling Costs, Total	-	-	-	-	-
Stock-Based Compensation (IS)	39M	35M	37M	-	-
R&D Expenses	2.16B	2.09B	2.22B	2.3B	2.13B
Other Operating Expenses	704M	709M	-115M	275M	1.02B
Other Operating Expenses, Total	12.28B	11.66B	12.04B	13.77B	13.53B
Operating Income	3.69B	3.1B	7.47B	6.86B	2.87B
Interest Expense, Total	-648M	-557M	-506M	-631M	-868M
Interest And Investment Income	216M	356M	257M	354M	453M
Net Interest Expenses	-432M	-201M	-249M	-277M	-415M
Income (Loss) On Equity Invest.	116M	-705M	960M	-4.5B	78M
Currency Exchange Gains (Loss)	-162M	-120M	-109M	-152M	-327M
Other Non Operating Income (Expenses)	-72M	40M	-72M	-20M	-93M
EBT, Excl. Unusual Items	3.14B	2.12B	8B	1.91B	2.11B
Restructuring Charges	-654M	-1.1B	-433M	-486M	-628M
Merger & Related Restructuring Charges	-43M	-90M	-28M	-	-
Gain (Loss) On Sale Of Investments	-86M	-175M	-114M	-107M	-112M
Gain (Loss) On Sale Of Assets	806M	11M	129M	250M	43M
Asset Writedown	6M	-2.37B	-103M	-375M	6M
Insurance Settlements	44M	-	-	-	-
Legal Settlements	-18M	-116M	-	-	-
Other Unusual Items	111M	157M	-	-	-
EBT, Incl. Unusual Items	3.3B	-1.56B	7.45B	1.19B	1.42B
Income Tax Expense	756M	-91M	1.43B	1.58B	1.04B
Earnings From Continuing Operations	2.55B	-1.47B	6.02B	-391M	379M
Earnings Of Discontinued Operations	5.94B	396M	-36M	-	-
Net Income to Company	8.49B	-1.08B	5.98B	-391M	379M
Minority Interest	-70M	15M	-459M	-236M	-154M
Net Income - (IS)	8.42B	-1.06B	5.52B	-627M	225M
Net Income to Common Incl Extra Items	8.42B	-1.06B	5.52B	-627M	225M
Net Income to Common Excl. Extra Items	2.48B	-1.46B	5.56B	-627M	225M
Per Share Items
Net EPS - Basic	9.17	-1.15	6.01	-0.7	0.25
Basic EPS - Continuing Operations	2.7	-1.59	6.05	-0.7	0.25
Basic Weighted Average Shares Outstanding	918M	918M	918M	902M	893M
Net EPS - Diluted	9.15	-1.15	6	-0.7	0.25
Diluted EPS - Continuing Operations	2.69	-1.59	6.04	-0.7	0.25
Diluted Weighted Average Shares Outstanding	920M	920M	920M	902M	895M
Normalized Basic EPS	2.06	1.46	4.94	1.06	1.31
Normalized Diluted EPS	2.05	1.45	4.93	1.06	1.3
Dividend Per Share	3.3	3.3	3.4	3.4	3.4
Payout Ratio	34.9	-285.94	54.88	-489.95	1.35K
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	7.07B	6.97B	11.01B	10.23B	6.21B
EBITA	3.69B	3.1B	7.47B	7.48B	3.45B
EBIT	3.69B	3.1B	7.47B	6.86B	2.87B
EBITDAR	7.28B	7.16B	11.2B	10.42B	6.41B
Effective Tax Rate - (Ratio)	22.9	5.83	19.2	132.86	73.31
Total Current Taxes	1.05B	398M	1.44B	1.28B	1.1B
Total Deferred Taxes	-297M	-489M	-6M	301M	-61M
Normalized Net Income	1.89B	1.34B	4.54B	956M	1.17B
Interest Capitalized	35M	30M	29M	40M	80M
Interest on Long-Term Debt	39M	36M	36M	40M	53M
Non-Cash Pension Expense	377M	538M	505M	438M	316M
Supplemental Operating Expense Items
Selling and Marketing Expenses	7.91B	7.5B	8.41B	9.61B	8.79B
General and Administrative Expenses	1.31B	1.23B	1.41B	1.52B	1.51B
Research And Development Expense From Footnotes	2.16B	2.09B	2.22B	2.3B	2.13B
Exploration/Drilling Costs	-	-	-	-	-
Net Rental Expense, Total	207M	186M	186M	191M	197M
Imputed Operating Lease Interest Expense	54.09M	42.02M	39.48M	51.15M	70.65M
Imputed Operating Lease Depreciation	153M	144M	147M	140M	126M
Stock-Based Comp., Other (Total)	72M	63M	64M	20M	26M
Total Stock-Based Compensation	72M	63M	64M	20M	26M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	2.43B	4.33B	2.62B	2.52B	2.62B
Short Term Investments	444M	207M	208M	232M	53M
Trading Asset Securities, Total	977M	1.6B	1.55B	1.94B	1.14B
Total Cash And Short Term Investments	3.85B	6.14B	4.39B	4.69B	3.82B
Accounts Receivable, Total	9.1B	9.47B	11.95B	12.06B	10.42B
Other Receivables	1.29B	1.59B	2.19B	2.48B	1.76B
Notes Receivable	275M	123M	149M	103M	182M
Total Receivables	10.66B	11.18B	14.28B	14.64B	12.36B
Inventory	11.22B	10.01B	13.87B	16.03B	13.88B
Prepaid Expenses	310M	257M	327M	285M	225M
Other Current Assets, Total	4.94B	2.28B	2.19B	1.78B	1.2B
Total Current Assets	30.99B	29.87B	35.05B	37.42B	31.47B
Gross Property Plant And Equipment	62.5B	62.85B	67.3B	70.01B	71.18B
Accumulated Depreciation	-43.56B	-46.19B	-49.42B	-52.1B	-53.54B
Net Property Plant And Equipment	18.94B	16.66B	17.87B	17.91B	17.64B
Long-term Investments	15.64B	13.33B	12.96B	8.12B	7.67B
Goodwill	8.1B	6.96B	7.52B	7.7B	7.5B
Other Intangibles, Total	6.42B	6.19B	5.98B	5.58B	4.72B
Accounts Receivable Long-Term	20M	41M	40M	32M	30M
Loans Receivable Long-Term	165M	127M	93M	45M	57M
Deferred Tax Assets Long-Term	2.89B	3.39B	2.6B	880M	617M
Other Long-Term Assets, Total	3.78B	3.73B	5.27B	6.79B	7.69B
Total Assets	86.95B	80.29B	87.38B	84.47B	77.4B
Liabilities
Accounts Payable, Total	5.09B	5.29B	7.83B	8.43B	6.74B
Accrued Expenses, Total	1.7B	1.18B	2.37B	2.05B	1.41B
Short-term Borrowings	861M	1.29B	248M	654M	-
Current Portion of Long-Term Debt	3.04B	2.69B	3.68B	3.62B	2.6B
Current Portion of Leases	381M	334M	334M	329M	350M
Current Income Taxes Payable	756M	988M	1.16B	995M	801M
Unearned Revenue Current, Total	623M	757M	1.02B	1.02B	853M
Other Current Liabilities	4.17B	3.75B	3.44B	3.34B	3.12B
Total Current Liabilities	16.6B	16.28B	20.08B	20.44B	15.87B
Long-Term Debt	15.06B	15.86B	13.8B	15.19B	17.1B
Long-Term Leases	1.04B	1.03B	1.08B	1.16B	1.3B
Unearned Revenue Non Current	272M	217M	218M	192M	160M
Pension & Other Post Retirement Benefits	7.68B	8.57B	6.16B	2.81B	2.9B
Deferred Tax Liability Non Current	1.76B	1.45B	1.5B	1.54B	1.14B
Other Non Current Liabilities	2.17B	2.5B	2.47B	2.21B	2.28B
Total Liabilities	44.6B	45.89B	45.3B	43.55B	40.75B
Common Stock, Total	1.18B	1.18B	1.18B	1.14B	1.14B
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	42.06B	37.91B	40.36B	35.45B	32.52B
Comprehensive Income and Other	-1.74B	-5.36B	-749M	2.98B	1.62B
Total Common Equity	41.5B	33.73B	40.79B	39.57B	35.28B
Minority Interest	853M	670M	1.29B	1.35B	1.37B
Total Equity	42.35B	34.4B	42.08B	40.92B	36.64B
Total Liabilities And Equity	86.95B	80.29B	87.38B	84.47B	77.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	918M	918M	918M	894M	893M
ECS Total Common Shares Outstanding	918M	918M	918M	894M	893M
Book Value / Share	45.18	36.72	44.41	44.27	39.53
Tangible Book Value	26.97B	20.58B	27.29B	26.3B	23.06B
Tangible Book Value Per Share	29.37	22.41	29.72	29.42	25.84
Total Debt	20.38B	21.19B	19.14B	20.95B	21.35B
Net Debt	16.53B	15.05B	14.75B	16.26B	17.53B
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.56B	8.44B	5.5B	1.59B	2.33B
Debt Equivalent Oper. Leases	1.66B	1.49B	1.49B	1.53B	1.58B
Minority Interest, Total (Incl. Fin. Div)	853M	670M	1.29B	1.35B	1.37B
Equity Method Investments, Total	15.01B	12.75B	12.38B	7B	6.57B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	3.38B	3.1B	4.41B	5.26B	4.54B
Inventories - Work In Process, Total	7.74B	6.78B	9.34B	10.69B	9.26B
Inventories - Others	102M	121M	117M	87M	75M
Land - (BS)	950M	947M	905M	939M	878M
Buildings, Total	10.76B	10.75B	11.5B	11.86B	12.14B
Machinery, Total	48.59B	48.68B	51.84B	53.83B	54.47B
Full Time Employees	115K	108K	109K	109K	110K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	324M	299M	310M	319M	269M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	8.42B	-1.06B	5.52B	-627M	225M
Depreciation & Amortization - CF	3.73B	3.87B	3.54B	3.18B	3.19B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	621M	582M
Depreciation & Amortization, Total	3.73B	3.87B	3.54B	3.8B	3.77B
Amortization of Deferred Charges, Total - (CF)	-	-	-	27M	29M
(Gain) Loss From Sale Of Asset	-634M	-15M	-611M	-1M	-103M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	324M	2.88B	144M	373M	1.14B
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-78M
Net Cash From Discontinued Operations	162M	-	-	-	-
Other Operating Activities, Total	-	-	-1M	1M	627M
Change In Accounts Receivable	25M	-2.18B	-1.27B	2.14B	1.44B
Change In Inventories	479M	849M	-3.3B	-1.99B	1.9B
Change In Accounts Payable	-	-	-	-	-1.54B
Change in Other Net Operating Assets	-5.04B	1.06B	3.22B	3.98B	704M
Cash from Operations	7.47B	5.41B	7.24B	7.71B	8.11B
Capital Expenditure	-3.82B	-3.13B	-3.53B	-4.38B	-5.4B
Cash Acquisitions	-239M	-1.24B	-600M	-13M	-5M
Divestitures	2.6B	2.52B	1.03B	691M	32M
Investment in Marketable and Equity Securities, Total	-1.13B	-877M	-994M	-1.27B	-1.1B
Other Investing Activities, Total	1.4B	822M	1.47B	1.19B	1.48B
Cash from Investing	-1.19B	-1.9B	-2.62B	-3.78B	-4.99B
Long-Term Debt Issued, Total	10.36B	15.14B	7.63B	10.9B	9.5B
Total Debt Issued	10.36B	15.14B	7.63B	10.9B	9.5B
Long-Term Debt Repaid, Total	-13.7B	-13.56B	-10.77B	-10.33B	-9.24B
Total Debt Repaid	-13.7B	-13.56B	-10.77B	-10.33B	-9.24B
Issuance of Common Stock	1M	3M	-	-	-
Repurchase of Common Stock	-	-	-	-1.33B	-70M
Common Dividends Paid	-2.94B	-3.03B	-3.03B	-3.07B	-3.03B
Common & Preferred Stock Dividends Paid	-2.94B	-3.03B	-3.03B	-3.07B	-3.03B
Other Financing Activities, Total	-125M	-108M	-281M	-176M	-60M
Cash from Financing	-6.4B	-1.56B	-6.46B	-4.01B	-2.9B
Foreign Exchange Rate Adjustments	37M	-81M	131M	-19M	-106M
Miscellaneous Cash Flow Adjustments	20M	8M	-8M	-7M	-1M
Net Change in Cash	-64M	1.88B	-1.71B	-108M	108M
Supplemental Items
Cash Interest Paid	655M	487M	469M	544M	648M
Cash Income Tax Paid (Refund)	1.28B	595M	1.71B	1.51B	760M
Levered Free Cash Flow	9.47B	5.45B	1.34B	1.31B	1.84B
Unlevered Free Cash Flow	9.88B	5.8B	1.66B	1.71B	2.38B
Change In Net Working Capital	-7.59B	-3.06B	3.08B	2.05B	-2.16B
Net Debt Issued / Repaid	-3.34B	1.58B	-3.14B	566M	259M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.66	2.32	5.57	4.99	2.21
Return on Total Capital	3.83	3.28	7.99	6.96	2.99
Return On Equity %	6.49	-3.83	15.74	-0.94	0.98
Return on Common Equity	6.47	-3.87	14.92	-1.56	0.6
Margin Analysis