Other

Q3 2021

Sales in Other rose considerably compared with the third quarter of 2020. This was due primarily to sales growth in commodity trading.

Income from operations (EBIT) before special items was considerably above the level of the prior-year quarter. This was mainly attributable to adjustments to provisions for variable compensation components (bonus) due to their divisional allocation in the third quarter of 2021.

Financial data – Other (Million €)

 

Q3

January–September

 

2021

2020

+/–

2021

2020

+/–

Sales

976

484

102%

2,552

1,693

51%

Income from operations before depreciation, amortization and special items

25

–199

.

–702

–494

–42%

Income from operations before depreciation and amortization (EBITDA)

–4

–588

99%

–798

–948

16%

Depreciation and amortizationa

38

57

–33%

105

146

–28%

Income from operations (EBIT)

–42

–645

93%

–903

–1,094

17%

Special items

–31

–408

92%

–96

–478

80%

EBIT before special items

–11

–237

95%

–807

–616

–31%

of which costs for cross-divisional corporate research

–76

–95

20%

–223

–251

11%

costs of corporate headquarters

–65

–53

–23%

–184

–164

–12%

other businesses

40

21

90%

144

72

100%

foreign currency results, hedging and other measurement effects

–41

–15

.

–72

–4

.

miscellaneous income and expenses

131

–95

.

–472

–269

–75%

Assets (September 30)b

23,759

30,327

–22%

23,759

30,327

–22%

Investments including acquisitionsc

48

38

26%

117

112

4%

Research and development expenses

83

99

–16%

242

266

–9%

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