Asset and Capital Structure

Bayer Group Summary Statements of Financial Position

 

 

Dec. 31,
2015

 

June 30,
2016

Sep. 30,
2016

 

Change vs. June 30, 2016

 

 

€ million

 

€ million

€ million

 

in %

Noncurrent assets

 

50,096

 

50,811

51,364

 

+1.1

Current assets

 

23,624

 

24,663

25,160

 

+2.0

Assets held for sale

 

197

 

10

 

.

Total current assets

 

23,821

 

24,663

25,170

 

+2.1

Total assets

 

73,917

 

75,474

76,534

 

+1.4

Equity

 

25,445

 

24,035

24,788

 

+3.1

Noncurrent liabilities

 

31,492

 

34,383

35,069

 

+2.0

Current liabilities

 

16,868

 

17,038

16,663

 

–2.2

Liabilities directly related to assets held for sale

 

112

 

18

14

 

–22.2

Total current liabilities

 

16,980

 

17,056

16,677

 

–2.2

Liabilities

 

48,472

 

51,439

51,746

 

+0.6

Total equity and liabilities

 

73,917

 

75,474

76,534

 

+1.4

  • Between June 30, 2016, and September 30, 2016, total assets increased by €1.1 billion to €76.5 billion. Noncurrent assets and the carrying amount of current assets were almost level year on year at €51.4 billion and €25.2 billion, respectively.
  • Equity increased by €0.8 billion compared with June 30, 2016, to €24.8 billion. Income after income taxes of €1.3 billion was among the positive factors here and was offset mainly by the €0.5 billion increase after taxes – recognized outside profit or loss – in post-employment benefit obligations. The equity ratio (equity coverage of total assets) as of September 30, 2016, was 32.4% (June 30, 2016: 31.8%).
  • Liabilities were largely unchanged in the third quarter of 2016 at €51.7 billion. Provisions for pensions and other post-employment benefits rose by €0.7 billion and other provisions increased by €0.3 billion. Financial liabilities declined by €0.5 billion.

Net Defined Benefit Liability for Post-Employment Benefits

 

 

Dec. 31,
2015

 

June 30,
2016

Sep. 30,
2016

 

Change vs. June 30, 2016

 

 

€ million

 

€ million

€ million

 

in %

Provisions for pensions and other post-employment benefits

 

10,873

 

13,838

14,498

 

+4.8

Net defined benefit asset

 

(30)

 

(32)

(31)

 

–3.1

Net defined benefit liability for post-employment benefits

 

10,843

 

13,806

14,467

 

+4.8

  • The net defined benefit liability for post-employment benefits increased by €0.7 billion overall in the third quarter of 2016, to €14.5 billion, due mainly to the decrease in long-term capital market interest rates for high-quality corporate bonds in Germany and the United Kingdom.