Other

Q2 2021

Sales in Other rose considerably compared with the prior-year quarter. This primarily reflected the sales growth in commodity trading.

Income from operations (EBIT) before special items was considerably below the figure from the prior-year quarter. This was mainly due to higher additions to provisions for variable compensation components (bonus) as a result of the strong second quarter of 2021.

Financial data – Other (Million €)

 

Q2

H1

 

2021

2020

+/–

2021

2020

+/–

Sales

793

507

56%

1,576

1,209

30%

Income from operations before depreciation, amortization and special items

–201

–41

.

–727

–295

.

Income from operations before depreciation and amortization (EBITDA)

–253

–89

.

–794

–360

.

Depreciation and amortizationa

32

39

–18%

67

89

–25%

Income from operations (EBIT)

–285

–128

.

–861

–449

–92%

Special items

–49

–48

–2%

–65

–70

7%

EBIT before special items

–236

–80

.

–796

–379

.

of which costs for cross-divisional corporate research

–78

–81

4%

–147

–156

6%

costs of corporate headquarters

–61

–57

–7%

–119

–111

–7%

other businesses

75

24

213%

104

51

104%

foreign currency results, hedging and other measurement effects

22

–43

.

–31

11

.

miscellaneous income and expenses

–194

77

.

–603

–174

.

Assets (June 30)b

22,118

29,893

–26%

22,118

29,893

–26%

Investments including acquisitionsc

40

34

18%

69

74

–7%

Research and development expenses

83

87

–5%

159

167

–5%

a

Depreciation and amortization of property, plant and equipment and intangible assets (including impairments and reversals of impairments)

b

Contains assets of businesses recognized under Other as well as reconciliation to assets of the BASF Group

c

Additions to property, plant and equipment and intangible assets