Bayer Group Consolidated Statements
of Changes in Equity

 

 

Capital stock

 

Capital reserves

 

Retained earnings incl. net income

 

Exchange differences

 

Fair-value measurement of securities

 

Cash flow hedges

 

Revaluation surplus

 

Equity attributable to Bayer AG stockholders

 

Equity attributable to noncontrolling interest

 

Equity

 

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

 

€ million

1

The capital increase resulted from the issuance of the mandatory convertible notes in the amount of €4,000 million on November 22, 2016. After deduction of €48 million in transaction costs and recognition of €191 million in deferred taxes, €3,491 million were allocated to capital reserves and €652 million to financial liabilities.

Dec. 31, 2014

 

2,117

 

6,167

 

12,974

 

(1,172)

 

30

 

(36)

 

26

 

20,106

 

112

 

20,218

Equity transactions with owners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital increase

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend payments

 

 

 

 

 

(1,861)

 

 

 

 

 

 

 

 

 

(1,861)

 

(8)

 

(1,869)

Other changes

 

 

 

 

 

582

 

(155)

 

 

 

 

 

(5)

 

422

 

1,055

 

1,477

Other comprehensive income

 

 

 

 

 

776

 

705

 

(6)

 

13

 

 

 

1,488

 

33

 

1,521

Income after income taxes

 

 

 

 

 

4,110

 

 

 

 

 

 

 

 

 

4,110

 

(12)

 

4,098

Dec. 31, 2015

 

2,117

 

6,167

 

16,581

 

(622)

 

24

 

(23)

 

21

 

24,265

 

1,180

 

25,445

Equity transactions with owners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capital increase1

 

 

 

3,491

 

 

 

 

 

 

 

 

 

 

 

3,491

 

 

 

3,491

Dividend payments

 

 

 

 

 

(2,067)

 

 

 

 

 

 

 

 

 

(2,067)

 

(58)

 

(2,125)

Other changes

 

 

 

 

 

129

 

53

 

 

 

 

 

(4)

 

178

 

157

 

335

Other comprehensive income

 

 

 

 

 

(781)

 

614

 

57

 

45

 

 

 

(65)

 

(10)

 

(75)

Income after income taxes

 

 

 

 

 

4,531

 

 

 

 

 

 

 

 

 

4,531

 

295

 

4,826

Dec. 31, 2016

 

2,117

 

9,658

 

18,393

 

45

 

81

 

22

 

17

 

30,333

 

1,564

 

31,897