Key Data

Five-Year Summary

[Table 1.2]
2009 2010 2011 2012 2013
€ million € million € million € million € million
Bayer Group
Sales 31,168 35,088 36,528 39,741 40,157
Sales outside Germany 86.7% 87.4% 87.3% 88.3% 87.9%
EBIT1 3,006 2,730 4,149 3,928 4,934
EBIT before special items2 3,772 4,452 5,025 5,639 5,773
EBITDA2 5,815 6,286 6,918 6,916 7,830
EBITDA before special items2 6,472 7,101 7,613 8,280 8,401
Income before income taxes 1,870 1,721 3,363 3,176 4,207
Income after income taxes 1,359 1,310 2,472 2,453 3,186
Earnings per share (€)3 1.70 1.57 2.99 2.91 3.86
Noncurrent assets 34,049 33,188 32,697 32,308 32,289
of which goodwill and other intangible assets 21,546 20,163 19,455 18,757 18,776
of which property, plant and equipment 9,409 9,835 9,823 9,898 10,015
Current assets 16,993 18,318 20,068 19,010 19,028
Inventories 6,091 6,104 6,368 6,991 7,129
Receivables and other current assets 8,177 9,374 11,846 10,321 10,237
Cash and cash equivalents 2,725 2,840 1,770 1,698 1,662
Financial liabilities 12,949 11,833 11,679 9,530 9,031
Noncurrent 11,460 9,944 7,995 6,962 5,590
Current 1,489 1,889 3,684 2,568 3,441
Interest expense – net (548) (499) (335) (252) (355)
Return on equity 7.7% 6.9% 13.0% 13.0% 16.2%
Gross cash flow4 4,658 4,771 5,172 4,556 5,832
Capital expenditures (total) 1,669 1,621 1,666 1,929 2,157
Depreciation and amortization 2,660 2,571 2,521 2,641 2,611
Research and development expenses 2,746 3,053 2,932 3,013 3,190
Equity including non-controlling interest (total) 18,951 18,896 19,271 18,551 20,804
Capital stock 2,117 2,117 2,117 2,117 2,117
Reserves 16,834 16,779 17,154 16,434 18,687
Net income 1,359 1,301 2,470 2,403 3,189
Non-controlling interest 54 63 59 100 86
Liabilities (total) 32,091 32,610 33,494 32,767 30,513
Total assets 51,042 51,506 52,765 51,318 51,317
Equity ratio 37.1% 36.7% 36.5% 36.1% 40.5%
Bayer AG
Net income 2,226 1,245 1,125 889 2,498
Allocation to (withdrawal from) retained earnings 1,068 5 (239) (682) 761
Total dividend payment 1,158 1,240 1,364 1,571 1,737
Dividend per share (€) 1.40 1.50 1.65 1.90 2.10
Employees
Personnel expenses (incl. pension plans) (€ million) 7,776 8,099 8,726 9,194 9,430
Employees5
(as of Dec. 31)
111,000 111,400 111,800 110,000 113,200
Percentage of women in senior management 20 21 22 23 25
Number of nationalities in the Group Leadership Circle 22 21 22 23 31
Proportion of employees with health insurance (%) 95 94 94 94 95
Proportion of employees covered by collective agreements on pay and conditions (%) 56 55 54 53 55
Safety
Recordable Incident Rate for Bayer employees (RIR) 0.62 0.62 0.56 0.49 0.47
Lost Time Recordable Incident Rate for Bayer employees (LTRIR) 0.40 0.34 0.31 0.27 0.26
Loss of Primary Containment Incident Rate (LoPC-IR)6 0.38 0.35
Number of transport incidents 10 8 7 6 11
Environmental Protection
Direct greenhouse gas emissions (CO2 equivalents in million t)7 4.57 4.80 4.23 4.24 4.09
Indirect greenhouse gas emissions (CO2 equivalents in million t)7 3.53 3.70 3.92 4.12 4.29
Volatile organic compounds (VOC) (thousand t/a)8 2.59 2.54 2.69 2.60 2.27
Ozone depleting substances (t/a)9 17.45 20.77 16.31 16.28 15.65
Total organic carbon (TOC) (thousand t/a) 1.35 1.42 1.50 1.42 1.53
Total phosphorus in wastewater
(thousand t/a)
0.74 0.09 0.08 0.15 0.11
Total nitrogen in wastewater
(thousand t/a)
0.64 0.49 0.53 0.70 0.69
Hazardous waste generated
(thousand t/a)
375 354 474 603 467
Hazardous waste landfilled (thousand t/a) 89 56 122 175 53
Water use (million m³/a) 407 474 411 384 361
Primary energy consumption
(petajoules
[1015 joules]/a)
48.12 51.63 50.10 49.05 47.58
Secondary energy consumption
(petajoules
[1015 joules]/a)
29.20 34.08 34.85 34.14 33.27
Energy efficiency (MWh/t)10 4.09 3.77 3.63 3.50 3.44
2012 figures restated; figures for 2009–2011 as last reported
1 EBIT = earnings before financial result and taxes
2 For definition see Combined Management Report, Chapter 16.2 “Calculation of EBIT(DA) Before Special Items.”
3 Earnings per share as defined in IAS 33 = net income divided by the average number of shares. For details see Note [16] to the consolidated financial statements.
4 For definition see Combined Management Report, Chapter 16.5 “Liquidity and Capital Expenditures of the Bayer Group.”
5 Full-time equivalents
6 LoPC-IR has been recorded since 2012.
7 Portfolio-adjusted in accordance with the Greenhouse Gas Protocol
8 Volatile organic compounds (VOC) excluding methane
9 Ozone-depleting substances (ODS) in CFC-11 equivalents
10 Energy efficiency: quotient of total energy consumption and manufactured sales volume. For MaterialScience, only manufactured sales volumes that also form the basis for calculating MaterialScience-specific emissions are taken into account.
Last updated: March 5, 2014  Copyright © Bayer AG
http://www.annualreport2013.bayer.com