Management Report & Annexes | Basic Information About the Group

2. Corporate Structure

Bayer AG, headquartered in Leverkusen, Germany, is the strategic management holding company for the Bayer Group. Business operations are conducted by the HealthCare, CropScience and MaterialScience subgroups, supported by our three service companies.

The globally operating HealthCare subgroup is divided into two reporting segments: Pharmaceuticals and Consumer Health. The Pharmaceuticals segment focuses on prescription products, especially for women’s healthcare and cardiology and also on specialty therapeutics in the fields of oncology, hematology and ophthalmology. Our Consumer Health segment includes the Consumer Care, Medical Care and Animal Health divisions. The main focus of the Consumer Care Division is on non-prescription medicines, dietary supplements and dermatology products. The Medical Care Division comprises the Diabetes Care business unit, which markets blood glucose monitoring systems, and the Radiology & Interventional business unit, which offers contrast-enhanced diagnostic imaging equipment along with the necessary contrast agents, as well as mechanical systems for treating constricted or blocked blood vessels. The products of the Animal Health Division are destined for use in farm and companion animals.

CropScience has businesses in seeds, crop protection and non-agricultural pest control. It is organized into two operating segments: Crop Protection/Seeds and Environmental Science. Crop Protection/Seeds markets a portfolio of high-value seeds and traits along with chemical and biological pest management solutions, at the same time providing extensive customer service to the agriculture industry. Environmental Science focuses on non-agricultural applications, with a broad portfolio of pest control products and services for areas ranging from the home and garden sector to forestry.

MaterialScience develops, manufactures and markets high-tech polymer materials including polyurethane raw materials, polycarbonates, coating and adhesive raw materials and functional films. This subgroup also manufactures and markets selected inorganic basic chemicals. MaterialScience is organized into the Polyurethanes, Polycarbonates, and Coatings, Adhesives, Specialties business units, and the ­Industrial Operations area.

Our subgroups are supported by the Business Services, Technology Services and Currenta service companies, which are reported in the reconciliation under “All Other Segments.” The reconciliation also includes the Corporate Center and consolidation effects.

Key Data by Subgroup and Segment[Table 3.2.1]
Sales EBIT EBITDA before special items*
Full Year
2012
Full Year
2013
Full Year
2012
Full Year
2013
Full Year
2012
Full Year
2013
€ million € million € million € million € million € million
HealthCare 18,604 18,924 2,205 3,260 5,119 5,334
Pharmaceuticals 10,798 11,188 1,104 2,031 3,232 3,490
Consumer Health 7,806 7,736 1,101 1,229 1,887 1,844
CropScience 8,383 8,819 1,556 1,729 2,025 2,248
MaterialScience 11,491 11,238 581 435 1,263 1,072
Reconciliation 1,263 1,176 (414) (490) (127) (253)
Group 39,741 40,157 3,928 4,934 8,280 8,401

2012 figures restated

* For definition see Chapter 16.2 “Calculation of EBIT(DA) Before Special Items.”

Last updated: February 28, 2014  Copyright © Bayer AG
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