Strategy

Key Data

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Bayer Group Key Data
Category Key Data 2012 2013
Economic Indicators (€ million)
Sales 39,741 40,157
EBIT1 3,928 4,934
EBIT before special items2 5,639 5,773
EBITDA3 6,916 7,830
EBITDA before special items2 8,280 8,401
EBITDA margin before special items4 20.8% 20.9%
Income before income taxes 3,176 4,207
Net income 2,403 3,189
Earnings per share (€)5 2.91 3.86
Core earnings per share (€)6 5.30 5.61
Gross cash flow7 4,556 5,832
Net cash flow8 4,530 5,171
Net financial debt 7,022 6,731
Capital expenditures as per segment table 2,012 2,155
Research and development expenses 3,013 3,190
Dividend per Bayer AG share (€) 1.90 2.10
Personnel expenses (incl. pension plans) 9,194 9,430
Employee Indicators
Diversity and opportunities Percentage of women in senior management 23 25
Number of nationalities in the Group Leadership Circle 23 31
Proportion of employees with health insurance (%) 94 94
Proportion of employees covered by collective agreements on pay and conditions (%) 53 55
Safety Lost Time Recordable Incident Rate for Bayer employees (LTRIR) 0.27 0.26
Recordable Incident Rate for Bayer employees (RIR) 0.49 0.47
Environmental Protection
Emissions Direct greenhouse gas emissions (CO2 equivalents in million t) 10 4.24 4.09
Indirect greenhouse gas emissions (CO2 equivalents in million t)10 4.12 4.29
Volatile organic compounds (VOC) (thousand metric tons per year) 2.60 2.27
Total phosphorus in wastewater (thousand metric tons per year) 0.15 0.11
Total nitrogen in wastewater (thousand metric tons per year) 0.70 0.69
Waste Hazardous waste generated (thousand metric tons per year) 603 467
Hazardous waste landfilled (thousand metric tons per year) 175 53
Use of resources Water use (million m³ per year) 384 361
Primary energy consumption (petajoules [1015 joules] per year) ** 49.05 47.58
Secondary energy consumption (petajoules [1015 joules] per year) ** 34.14 33.27
Environmental incidents Environmental incidents 5 10

1 EBIT = earnings before financial result and taxes

2 EBIT(DA) before special items is not defined in the International Financial Reporting Standards and should therefore be regarded only as supplementary information. The company considers EBITDA before special items to be a more suitable indicator of operating performance since it is not affected by depreciation, amortization, impairments or special items. By reporting this indicator, the company aims to give readers a clearer picture of the results of operations and ensure greater comparability of data over time.

3 EBITDA = EBIT plus amortization and impairment losses on intangible assets and depreciation and impairment losses on property, plant and equipment, minus impairment loss reversals

4 The EBITDA margin before special items is calculated by dividing EBITDA before special items by sales.

5 Earnings per share as defined in IAS 33 = net income divided by the average number of shares

6 Core earnings per share are not defined in the International Financial Reporting Standards and should therefore be regarded only as supplementary information. The company considers that this indicator gives readers a clearer picture of the results of operations and ensures greater comparability of data over time.

7 Gross cash flow = income after income taxes, plus income taxes, plus non-operating result, minus income taxes paid or accrued, plus depreciation, amortization and impairment losses, minus impairment loss reversals, plus / minus changes in pension provisions, minus gains / plus losses on retirements of noncurrent assets, minus gains from the remeasurement of already held assets in step acquisitions. The change in pension provisions includes the elimination of non-cash components of the operating result (EBIT). It also contains benefit payments during the year.

8 Net cash flow = cash flow from operating activities according to IAS 7

10 Portfolio-adjusted in accordance with the Greenhouse Gas Protocol

** Since 2011 we have reported our energy consumption differentiated according to type of origin.

Last updated: August 19, 2014 Copyright © Bayer AG
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