Service
General
Information
 
Last Update: 03/12/2009
previous pageend of pagenext page
Part of the audited Consolidated Financial Statements and Management´s Analysis

10 -- Other information

Additional information related to the Consolidated Statements of Cash Flows

Cash provided by operating activities includes the following cash flows:

  Download (Download XLS xls, 16 kB)

Million €

2008

2007

Income tax payments

3,322

2,432

Interest payments

466

502

Dividends received

68

57

Information related to subsidiaries

German subsidiaries which are either joint-stock companies or partnerships make use of the exemptions according to Section 264 (3) and Section 264b of the German Commercial Code (HGB). The individual companies are listed in the List of Shares Held.

List of Shares Held

A list of companies included in the Consolidated Financial Statements and a list of all companies in which BASF SE has a participation as required by Section 313 (2) (in connection with Section 313 (4)) of the German Commercial Code is provided separately in the List of Shares Held. The List of Shares Held together with the Consolidated Financial Statements have been submitted to the electronic Federal Gazette as required by Section 325 of the German Commercial Code and are available from BASF SE. It is also published on the internet at:
basf.com/cg_reports

Statement of compliance according to Section 161 of the German Stock Corporation Act

The annual statement of compliance with the German Corporate Governance Code according to Section 161 of the German Stock Corporation Act was signed by the Board of Executive Directors and the Supervisory Board of BASF SE on December 3, 2008, and is published on the internet at:
basf.com/governance_e

Personnel costs and number of employees

On December 31, 2008, the number of employees was 96,924 and on December 31, 2007, 95,175.

The number of employees in proportionally-consolidated companies is included in full in the table below. Considered pro-rata, the average number of employees in the BASF Group was 95,885 in 2008 and 94,893 in 2007.

Personnel costs decreased by 4.3% from €6,648 million in 2007 to €6,364 million in 2008 due to the reversal of provisions for the BASF option program that resulted from decreased obligations under these options. Furthermore, there were lower expenses for variable compensation as the return on assets was below the previous year’s level.

  Download (Download XLS xls, 16 kB)

Personnel costs (million €)

 

 

2008

2007

Wages and salaries

5,158

5,379

Social security contributions and expenses for pensions
and assistance

1,206

1,269

Thereof for pension benefits

310

359

 

6,364

6,648

  Download (Download XLS xls, 18 kB)

Average number of employees

 

 

 

 

 

 

 

 

Consolidated companies

 

Proportionally consolidated companies

 

BASF Group

 

2008

2007

 

2008

2007

 

2008

2007

Europe

61,042

60,754

 

440

428

 

61,482

61,182

Thereof Germany

46,902

46,738

 

22

24

 

46,924

46,762

North America

14,992

15,088

 

452

454

 

15,444

15,542

Asia Pacific

12,446

12,080

 

1,906

1,814

 

14,352

13,894

South America, Africa, Middle East

6,006

5,623

 

 

6,006

5,623

BASF Group

94,486

93,545

 

2,798

2,696

 

97,284

96,241

Thereof with trainee contracts

1,907

1,936

 

2

3

 

1,909

1,939

employees with limited-term contracts

2,337

2,268

 

31

37

 

2,368

2,305

previous pageto topnext page