Bayer AG 2020 Financial Statements.pdf

Bayer-AG-Financial-Statements-2020.pdf
Preview of Bayer AG 2020 Financial Statements
🔗 Source: bayer.com
📊 Size: 602 KB
👤 Author: IMGEH
⬇️ Downloads: 22

Summary

€13.985 billion (2020), €15.386 billion (2019)
- Gross profit: €7.224 billion (2020), €6.952 billion (2019)
- Operating income: -€2.190 billion (2020), -€902 million (2019)
- Nonoperating income: €220 million (2020), €5.797 billion (2019)
- Income after taxes/net income: -€2.547 billion (2020), €4.583 billion (2019)
- Distributable profit: €1.965 billion (2020), €2.777 billion (2019)

Statements of Financial Position:
- Total assets: €84.586 billion (2020), €84.479 billion (2019)
- Equity: €28.305 billion (2020), €33.629 billion (2019)
- Liabilities: €56.281 billion (2020), €50.850 billion (2019)

Significant Events:
- Transfer of operational business of Pharmaceuticals and Crop Science divisions to Bayer AG in 2017
- Sale of Animal Health business unit to Elanco Animal Health Incorporated in 2020, resulting in a divestment gain of €4.132 billion
- Merger of Bayer Business Services GmbH with Bayer AG in 2020

Accounting Policies:
- Prepared in accordance with German Commercial Code (HGB), Stock Corporation Act (AktG), and German Energy Industry Act (EnWG)

Description

Income Statements present Bayer AG's revenue and expenses for 2020, with sales and other operating income totaling €46.7 billion. Net income from investments in affiliated companies and interest income/expense also contributed to the financial performance.

Technical Information

  • File Format: PDF
  • File Size: 602 KB
  • Pages: 53
  • Language: EN
  • Author: IMGEH
  • Total Downloads: 22
  • Last Updated: 1 week ago

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