1998 Annual Report BASF Group
Excellence in chemistry 1998 Annual Report BASF Group Million DM 1998 1997 Change % Sales 54,065 55,780 – 3.1 Income from operations 5,132 5,342 – 3.9 Profit before taxes 5,419 5,331 + 1.7 Net income after taxes and minority interests 3,324 3,236 + 2.7 Cash flow 7,258 7,225 + 0.5 Capital expenditures 5,671 4,359 + 30.1 Research and development expense 2,561 2,549 + 0.5 Dividend paid by BASF Aktiengesellschaft 1,355 1,244 + 8.9 Dividend per share in DM 2.20 2.00 + 10.0 Number of employees (December 31) 105,945 104,979 + 0.9 Segments Sales 1998 1997 Change Million DM % Health & Nutrition 9,970 8,972 + 11.1 Colorants & Finishing Products 12,104 12,791 – 5.4 Chemicals 10,141 10,675 – 5.0 Plastics & Fibers 14,812 14,463 + 2.4 Oil & Gas 5,251 6,255 – 16.1 Other* 1,787 2,624 – 31.9 54,065 55,780 – 3.1 Income from operations 1998 1997 Change Million DM Million DM Health & Nutrition 750 680 + 70 Colorants & Finishing Products 1,256 939 + 317 Chemicals 1,861 2,203 – 342 Plastics & Fibers 1,054 720 + 334 Oil & Gas 540 926 – 386 Other* – 329 –126 – 203 5,132 5,342 – 210 Regions (location of customers) Sales 1998 1997 Change Million DM % Europe 32,607 34,112 – 4.4 • thereof Germany (13,713) (14,380) – 4.6 North America (NAFTA) 12,222 11,668 + 4.7 Presented to the 47th Annual Meeting on Thursday, April 29, 1999, South America 3,209 3,278 – 2.1 10.00 a.m., at BASF Feierabend- haus, Leuschnerstrasse 47, Asia, Pacific Area, Africa 6,027 6,722 – 10.3 Ludwigshafen am Rhein, Germany.
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