BASF Report 2021 Overviews – Ten-Year Summary 287 Ten-Year Summary Million € 2012a 2013b 2014 2015 2016 2017 2018 2019 2020 2021 Statement of income c d Sales 72,129 73,973 74,326 70,449 57,550 61,223 60,220 59,316 59,149 78,598 Income from operations (EBIT) 6,742 7,160 7,626 6,248 6,275 7,587c 5,974d 4,201 −191 7,677 Income before income taxes 5,977 6,600 7,203 5,548 5,395 6,882c 5,233d 3,302 −1.562 7,448 d Income after taxes from continuing operations – – – – – 5,592 4,116 2,546 −1.471 6,018 d Income after taxes from discontinued operations – – – – – 760 863 5,945 396 −36 Income after taxes 5,067 5,113 5,492 4,301 4,255 6,352 4,979 8,491 −1.075 5,982 Net income 4,819 4,792 5,155 3,987 4,056 6,078 4,707 8,421 −1.060 5,523 c d Income from operations before depreciation and amortization (EBITDA) 10,009 10,432 11,043 10,649 10,526 10,765 8,970 8,185 6,494 11,355 EBIT before special items 6,647 7,077 7,357 6,739 6,309 7,645c 6,281d 4,643 3,560 7,768 Capital expenditures, depreciation and amortization Additions to property, plant and equipment and intangible assets 5,263 7,726 7,285 6,013 7,258 4,364 10,735 4,097 4,869 4,881 of which property, plant and equipment 4,084 6,428 6,369 5,742 4,377 4,028 5,040 3,842 4,075 4,410 d Depreciation and amortization of property, plant and equipment and intangible assets 3,267 3,272 3,417 4,401 4,251 4,202 3,750 4,146 6,685 3,678 of which property, plant and equipment 2,594 2,631 2,770 3,600 3,691 3,586 3,155d 3,408 5,189 3,064 Employees at year-end 110,782 112,206 113,292 112,435 113,830 115,490 122,404 117,628 110,302 111,047 Personnel expenses 8,963 9,285 9,224 9,982 10,165 10,610 10,659 10,924 10,576 11,097 c 1,994d 2,158 2,086 2,216 Research and development expenses 1,732 1,849 1,884 1,953 1,863 1,843 a We have applied International Reporting Standards IFRS 10 and 11 as well as International Accounting Standard 19 (revised) since January 1, 2013. Figures for 2012 have been restated; no restatement was made for 2011 and earlier. b Figures for 2013 have been adjusted to reflect the dissolution of the natural gas trading business disposal group. c Figures for 2017 were restated with the presentation of the oil and gas activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements from page 203 onward d Figures for 2018 were restated with the presentation of the construction chemicals activities as discontinued operations. For more information, see Note 1.4 to the Consolidated Financial Statements from page 203 onward