Other

1st Quarter 2018

Sales in Other were down considerably on the prior-year quarter due, among other things, to lower sales of technical materials and workshop and engineering services. Income from operations before special items increased considerably, primarily as a result of valuation effects from our long-term incentive program.

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Data on Other (million €)

 

 

1st quarter

 

 

2018

2017

Change in %

1

Amortization of intangible assets and depreciation of property, plant and equipment (including impairments and reversals of impairments)

2

Contains assets of businesses recognized under Other as well as reconciliation to assets of the BASF Group (see also the remarks on the BASF Group’s assets)

3

Additions to intangible assets and property, plant and equipment

Sales

 

557

610

(9)

Income from operations before depreciation and amortization (EBITDA)

 

(192)

(216)

11

Amortization and depreciation1

 

29

27

7

Income from operations (EBIT)

 

(221)

(243)

9

Special items

 

(8)

7

.

EBIT before special items

 

(213)

(250)

15

of which Costs for cross-divisional corporate research

 

(80)

(81)

1

Costs of corporate headquarters

 

(53)

(52)

(2)

Other businesses

 

(8)

5

.

Foreign currency results, hedging and other measurement effects

 

41

(31)

.

Miscellaneous income and expenses

 

(113)

(91)

(24)

Assets (March 31)2

 

15,017

9,793

53

Investments including acquisitions3

 

15

31

(52)

Research and development expenses

 

80

85

(6)