Explanatory Notes

Segment Reporting

As of September 30, 2018, the Bayer Group comprises the four reportable segments Pharmaceuticals, Consumer Health, Crop Science and Animal Health.

The following table shows the reconciliation of EBITDA before special items of the above-mentioned segments and the reconciliation to income before income taxes of the Group from continuing operations:

Reconciliation of Segments’ EBITDA Before Special Items to Group Income Before Income Taxes

 

 

Q3 2017

 

Q3 2018

 

9M 2017

 

9M 2018

 

 

€ million

 

€ million

 

€ million

 

€ million

1

For definition see Annual Report 2017, Chapter “Alternative Performance Measures Used by the Bayer Group.”

EBITDA before special items of segments

 

2,320

 

2,340

 

7,855

 

7,807

EBITDA before special items of Corporate Functions and Consolidation

 

(116)

 

(138)

 

(350)

 

(374)

EBITDA before special items1

 

2,204

 

2,202

 

7,505

 

7,433

Depreciation, amortization and impairment losses before special items of segments

 

(565)

 

(899)

 

(1,623)

 

(2,020)

Depreciation, amortization and impairment losses before special items of Corporate Functions and Consolidation

 

(2)

 

(3)

 

(9)

 

(11)

Depreciation, amortization and impairment losses before special items

 

(567)

 

(902)

 

(1,632)

 

(2,031)

EBIT before special items of segments

 

1,755

 

1,441

 

6,232

 

5,787

EBIT before special items of Corporate Functions and Consolidation

 

(118)

 

(141)

 

(359)

 

(385)

EBIT before special items1

 

1,637

 

1,300

 

5,873

 

5,402

Special items of segments

 

(249)

 

3,140

 

(592)

 

2,715

Special items of Corporate Functions and Consolidation

 

 

(17)

 

(3)

 

(33)

Special items1

 

(249)

 

3,123

 

(595)

 

2,682

EBIT of segments

 

1,506

 

4,581

 

5,640

 

8,502

EBIT of Corporate Functions and Consolidation

 

(118)

 

(158)

 

(362)

 

(418)

EBIT1

 

1,388

 

4,423

 

5,278

 

8,084

Financial result

 

(403)

 

(678)

 

(1,068)

 

(870)

Income before income taxes

 

985

 

3,745

 

4,210

 

7,214

Compare to Last Year