BASF : Factbook

BASF Factbook

Information for investors and analysts

Published June 2021

Cautionary note regarding forward-looking statements

This publication contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of fac- tors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. Such risk factors include those discussed in Opportunities and Risks on pages 158 to 166 of the BASF Report 2020. BASF does not assume any obligation to update the forward-looking statements contained in this publication above and beyond the legal requirements.

The new acetylene plant at the BASF Verbund site in Ludwigshafen has an annual capacity of 90,000 metric tons and replaces an almost 60-year-old plant. Around 20 plants at the Ludwigshafen site use acetylene as a chemical building block and starting material for manufacturing many everyday products, including pharmaceuticals, plastics, solvents, electronic chemicals and highly elastic textile fibers. BASF customers use these products in the automotive, pharma, construction, consumer goods and textile industries. The integration of the plant into BASF's Verbund system offers advantages such as efficient use of resources, excellent production synergies and short supply routes. In this way, BASF is further enhancing the long-term competitiveness of the Ludwigshafen site.

1	BASF Group						2	Business Segments					3	Financials
At a Glance										3	Business Segments							28		BASF on the Capital Market				68
Management Board						5	Chemicals													30		Business Review by Segment			71
Board of Executive Directors of BASF SE				5	Petrochemicals													32
Supervisory Board of BASF SE						6	Intermediates													34	Regional Results				72
BASF Verbund							7	Materials													36	Factors Influencing Sales and Currency Impact		73
																Performance Materials							38
Strategy													9	Monomers												40		Financing			74
Corporate Strategy					9
Innovation						13	Industrial Solutions							42		Ten-Year Summary		75
Sustainability				16	Dispersions & Pigments						44
Portfolio			22	Performance Chemicals							46
People												25	Surface Technologies				48
																Catalysts										50
																Coatings										52
																Nutrition & Care					54
																Care Chemicals								56
																Nutrition & Health							58
																Agricultural Solutions			60
																Agricultural Solutions				62
																Other																		64
																Non-Integral Shareholding in Wintershall Dea		65

BASF Factbook 2021

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Chapter

1	At a Glance	3
Management Board	5
Board of Executive Directors of BASF SE	5
Supervisory Board of BASF SE	6
BASF Verbund	7
Strategy	9
Corporate Strategy	9
Innovation	13
Sustainability	16
Portfolio	22
People	25

BASF

Group

BASF Group

Business Segments

Financials

At a Glance

At a Glance

At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions.

Smart Verbund concept

production, technology, market, digitalization

With companies in ~90 countries

we contribute to our customers' success

Broad portfolio

6 segments, 11 operating divisions, 75 strategic business units

Organizational development

for greater customer proximity, increased competitiveness and profitable growth

Structure of BASF
Percentage of total sales in 2020				7
		- Petrochemicals			1
1	Chemicals	14%		6
- Intermediates
2	Materials	- Performance Materials	18%
- Monomers
3	Industrial Solutions	- Dispersions & Pigments	13%
- Performance Chemicals
		- Catalysts		5	Sales 2020:	2
4	Surface Technologies	28%
		- Coatings			€59,149 million
5	Nutrition & Care	- Care Chemicals	10%
- Nutrition & Health
6	Agricultural Solutions	- Agricultural Solutions	13%
7	Other		4%			3
					4

Key figures

Million €
			2016	2017	2018	2019			2020
Sales			57,550	61,2231	60,2202	59,316			59,149
Income from operations before depreciation, amortization and special items			10,327	10,7381	9,2712	8,3244		7,435
Income from operations before depreciation and amortization (EBITDA)			10,526	10,7651	8,9702	8,1854		6,494
Income from operations (EBIT) before special items			6,309	7,6451	6,2812	4,6434		3,560
Income from operations (EBIT)			6,275	7,5871	5,9742	4,2014		-191
Net income			4,056	6,078	4,707	8,421		-1,060
Return on capital employed (ROCE)	%		-	15.4	12.02	7.7		1.7
Earnings per share (EPS)	€	4.42	6.62	5.12	9.17		-1.15
Adjusted earnings per share (EPS)	€	4.83	6.44	5.87	4.00		3.21
Dividend per share	€	3.00	3.10	3.20	3.30		3.30
Dividend yield 3	%		3.4	3.4	5.3	4.9		5.1
Cash flows from operating activities			7,717	8,785	7,939	7,474		5,413
Free cash flow			3,572	4,789	4,045	3,650		2,284

1. Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations.
2. Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations.
3. Based on year-end share price
4. The 2019 figures have been restated to reflect the reclassification of income from non-integral companies accounted for using the equity method to net income from shareholdings. For more information, see the BASF Report 2020, pages 232 to 234.

BASF Factbook 2021

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