BASF Report 2021 Management’s Report – Agricultural Solutions 90 At €715 million, income from operations (EBIT) before special EBIT amounted to €696 million, €114 million higher than in the Good to know items was €255 million below the 2020 figure. This was primarily previous year. This figure included special income from the sale of attributable to significantly higher fixed costs, mainly from much non-capitalized know-how. Special charges in connection with We are committed to sustainable farming and focus on four areas to higher bonus provisions, significantly higher raw materials prices streamlining the global glufosinate-ammonium production network help farmers not only produce more, but also better. and logistics costs, and a low-margin product mix. Earnings were had an offsetting effect but were well below the special charges Climate-smart farming: We help farmers tackle pressing climate also weighed down by negative currency effects. incurred in the previous year. challenges with the right combination of technologies designed to For the outlook for 2022, see page 148 onward increase yield, make farm management easier and more effective, and reduce the impact on the environment. Our technologies include nitrogen management products to improve fertilizer efficiency and lower greenhouse gas emissions, no-till herbicides, seeds and traits Agricultural Solutions sales by region for more stress-resilient crops, digital solutions and bacteria that (Location of customer) Division South America, Total improve nitrogen availability to plants. Europe North America Asia Pacific Africa, Middle East (million €) Sustainable solutions: We systematically steer our innovation Agricultural Solutions 26% 38% 12% 24% 8,162 pipeline according to sustainability criteria from an early stage on. This enables us to continually develop innovations that offer added value for farmers, the environment and society. We also assess each Products and applications product in our existing portfolio with respect to its contribution to Indications and sectors Applications Selected products sustainability. In this way, we systematically steer our portfolio to annually increase the sales share from solutions that make a sub- ® ® Fungicides Protecting crops against harmful fungal diseases; improving plant health, Boscalid, dimethomorph, F500 , Initium , metiram, securing yield and harvest quality with chemical and biological solutions ® ® ® stantial sustainability contribution. metrafenone, Revysol , Serifel , Xemium ® ® ® Herbicides Reducing competition from weeds for nutrients, water and sunlight to secure Basta , dimethenamid-p, Engenia , Finale , imazamox, Digital farming: Digitalization has the power to transform agriculture ® ® ® yield and harvest quality Kixor , Liberty , pendimethalin, Tirexor , topramezone and make it more efficient and sustainable. Our digital solutions help Insecticides Combating insect pests in agriculture and beyond with chemical and Alpha-cypermethrin, Broflanilide, chlorfenapyr, fipronil, farmers to produce more with less and grow their business profitably ® ® ® ® biological solutions, such as in the areas of public health, professional pest Inscalis , Interceptor , Nealta , teflubenzuron, Termidor control and landscape maintenance while reducing their environmental footprint. ® ® ® ® ® Seed Treatment Improving seeds’ potential with chemical and biological protection as well as Flo Rite , ILEVO , Integral , Nodulator PRO, Poncho , Smart stewardship: Our stewardship tools and services are tailored ® ® ® ® inoculants Serifel , Systiva , Vault HP, Velondis to farmers’ daily work. Farmers get the support they need to use our ® ® ® ® ® Seeds & Traits Seeds and traits for key field crops such as canola (oilseed rape), cotton, Credenz , FiberMax , InVigor , LibertyLink , Nunhems , soybean and wheat, as well as vegetable seeds Stoneville® products safely: access to tools and services, protective equipment, customized training, digital solutions and new and future-oriented application technologies such as drones.