| BASF Group | BASF Group | BASF Group | BASF Group |
 2005 |  2005 | 2005 | 2005 |
| 9-month | Forecast | Pension fund | buyback |
| 01 Operating result | | -16,06 | 4.348,00 | 20,03 | 6.217,51 | 20,03 | 6.217,51 | 20,03 | 6.217,51 |
| 02 Income taxes paid | | -47,89 | -1.788,00 | -151,82 | -3.044,48 | -149,89 | -3.021,22 | -149,64 | -3.018,20 |
| 03 Depreciation | | -33,53 | 1.663,00 | -11,39 | 2.217,00 | -11,39 | 2.217,00 | -11,39 | 2.217,00 |
| 04 C.Provisions for pensions | | 101,76 | 2,00 | 101,76 | 2,00 | -3.161,02 | -3.698,00 | -3.161,02 | -3.698,00 |
| 05 Result on retirements of noncurrent assets | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 06 Gross cash flow | | -33,57 | 4.225,00 | -15,21 | 5.392,03 | -73,03 | 1.715,29 | -72,98 | 1.718,31 |
| 07 C.Inventories | | -43,55 | -709,00 | -43,55 | -709,00 | -43,55 | -709,00 | -43,55 | -709,00 |
| 08 C.Trade accounts receivable | | 50,94 | -445,00 | 50,94 | -445,00 | 50,94 | -445,00 | 50,94 | -445,00 |
| 09 C.Trade accounts payable | | -112,67 | -40,00 | -112,67 | -40,00 | -112,67 | -40,00 | -112,67 | -40,00 |
| 10 C.Other working capital | | 1.124,73 | 1.793,00 | 1.124,73 | 1.793,00 | 1.124,73 | 1.793,00 | 1.124,73 | 1.793,00 |
| 11 Change Working Capital | | 163,80 | 599,00 | 163,80 | 599,00 | 163,80 | 599,00 | 163,80 | 599,00 |
| 12 Net cash flow (continuing) | | -11,01 | 4.824,00 | 10,52 | 5.991,03 | -57,31 | 2.314,29 | -57,25 | 2.317,31 |
| 13 Cash used in operating activities D.O. | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 14 Net cash flow (total) | | -11,01 | 4.824,00 | 10,52 | 5.991,03 | -57,31 | 2.314,29 | -57,25 | 2.317,31 |
| 15 Cash outflows for additions to PPE | | 35,97 | -1.385,00 | 16,18 | -1.813,00 | 16,18 | -1.813,00 | 16,18 | -1.813,00 |
| 16 Cash inflows from sales of PPE | | -1.008,72 | -1.030,00 | -1.008,72 | -1.030,00 | -1.008,72 | -1.030,00 | -1.008,72 | -1.030,00 |
| 17 Addition to financial assets | | -43,55 | 851,00 | -43,55 | 851,00 | -43,55 | 851,00 | -43,55 | 851,00 |
| 18 Acquisitions/Disinvestments | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 19 Income from interest and dividends | | 188,75 | 423,99 | 197,20 | 464,36 | 187,46 | 417,82 | 186,20 | 411,80 |
| 20 Net cash from marketable securities | | -212,32 | -165,00 | -212,32 | -165,00 | -212,32 | -165,00 | -212,32 | -165,00 |
| 21 Net cash from investing activities | | -20,93 | -1.305,01 | -56,85 | -1.692,64 | -61,16 | -1.739,18 | -61,72 | -1.745,20 |
| 22 of which Cash used in investing activities D.O. | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 23 Capital contributions | | 1,75 | -1.075,00 | 1,75 | -1.075,00 | 1,75 | -1.075,00 | -42,02 | -1.554,00 |
| 24 Dividends | | -0,10 | -947,00 | -0,10 | -947,00 | -0,10 | -947,00 | -0,10 | -947,00 |
| 25 Retirements of debt | | 378,39 | 581,00 | 378,39 | 581,00 | 378,39 | 581,00 | 378,39 | 581,00 |
| 26 Interest paid | | 21,00 | -222,99 | 20,32 | -224,90 | 20,32 | -224,90 | 20,32 | -224,90 |
| 27 Net cash from financing activities | | 34,26 | -1.663,99 | 34,19 | -1.665,90 | 34,19 | -1.665,90 | 15,26 | -2.144,90 |
| 28 of which Cash used in financing activities D.O. | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 29 C.Cash and cash equivalents | | 2,46 | 1.855,00 | 45,41 | 2.632,48 | -160,25 | -1.090,78 | -186,88 | -1.572,80 |
| 30 Change due to consolidation/exchange rates | | ! | 0,00 | ! | 0,00 | ! | 0,00 | ! | 0,00 |
| 31 Cash and cash equivalents | | 80,97 | 4.146,00 | 114,91 | 4.923,48 | -47,61 | 1.200,22 | -68,65 | 718,20 |
| 32 Commercial paper | | ! | 165,00 | ! | 165,00 | ! | 165,00 | ! | 165,00 |
| 33 Liquid assets end of year | | 88,17 | 4.311,00 | 122,11 | 5.088,48 | -40,41 | 1.365,22 | -61,45 | 883,20 |
Example 1 BASF Group - Forecast 2005
