BASF Report 2021 Consoli dated Financial Statements – Notes 270 Carrying amounts and fair values of financial instruments as of December 31, 2021 Million € Total carrying amount Valuation category within scope of in accordance Of which Of which Of which b c d e Carrying amount application of IFRS 7 with IFRS 9 Fair value fair value level 1 fair value level 2 fair value level 3 a Shareholdings 514 514 FVTPL 0 – 0 – Receivables from finance leases 44 44 n/a 44 – – – Accounts receivable, trade 11,723 11,723 AC 11,723 – – – Accounts receivable, trade 219 219 FVTPL 219 – 219 – Derivatives – no hedge accounting 729 729 FVTPL 729 13 716 – g Derivatives – hedge accounting 287 287 n/a 296 0 216 80 f Other receivables and miscellaneous assets 6,211 1,351 AC 1,351 – – – f Other receivables and miscellaneous assets 90 90 FVTPL 90 – 90 – Securities 9 9 AC 9 – – – Securities 0 0 FVTOCI 0 – 0 – Securities 260 260 FVTPL 260 207 53 – Cash equivalents 236 236 FVTPL 236 236 – – Cash and cash equivalents 2,388 2,388 AC 2,388 – – – Total assets 22,710 17,850 17,345 456 1,294 80 Bonds 13,489 13,489 AC 14,617 12,819 1,798 – Commercial paper 248 248 AC 248 – – – Liabilities to credit institutions 3,447 3,447 AC 3,447 – – – Liabilities from leases 1,412 1,412 n/a 1,412 – – – Accounts payable, trade 7,826 7,826 AC 7,826 – – – h Derivatives – no hedge accounting 568 568 FVTPL 557 2 566 –11 Derivatives – hedge accounting 1 1 n/a 1 0 1 – f Other liabilities 3,298 2,267 AC 2,267 – – – Total liabilities 30,289 29,258 30,375 12,821 2,365 –11 a In general, only significant shareholdings are measured at fair value. All insignificant shareholdings are measured at cost (carrying amount: €514 million). Fair value level 1 is applied to publicly listed shareholdings. Level 2 is applied to shar eholdings for which valuation is based on parameters observable in the market to the greatest extent possible. These may be adjusted to reflect valuation-relevant characteristics of the respective shareholding in the fair value. b AC: amortized cost; FVTOCI: fair value through other comprehensive income; FVTPL: fair value through profit or loss; a more detailed description of the categories can be found in Note 26.1 from page 263 onward. c Fair value was determined based on quoted, unadjusted prices on active markets. d Fair value was determined based on parameters for which directly or indirectly quoted prices on active markets were available. e Fair value was determined based on parameters for which there was no observable market data. f Does not include separately shown derivatives or receivables and liabilities from finance leases. If miscellaneous receivables are valued at fair value through profit or loss, their valuation is generally based on parameters observable on the market. These are adjusted to reflect valuation-relevant characteristics of the respective assets in the fair value. g The carrying amount of the physical PPAs reported in the balance sheet under assets of disposal groups is €71 million after subtracting the differences of €14 million and –€5 million described on page 269. h The carrying amount of the contract for difference for electricity reported in the balance sheet under other liabilities is €1 million after subtracting the difference of €12 million described on page 269.