Example 1 BASF Group - Forecast 2005

	BASF Group		BASF Group		BASF Group		BASF Group
	2005		2005		2005		2005
	9-month		Forecast		Pension fund		buyback
01 Capital turnover inventories	5,79		7,73		7,73		7,73
02 Capital turnover receivables	4,92		6,56		6,56		6,56
03 Trade receivable-sales ratio	73,17		54,88		54,88		54,88
04 Trade liabilities-sales ratio	27,06		20,29		20,29		20,29
	%		%		%		%
05 Return on stockholders equity	14,66		18,07		17,95		18,18
06 Equity-to-fixed-assets ratio	45,68		44,58		49,33		50,02
07 Non-current assets ratio	35,92		34,99		38,72		39,26
08 Return on total assets	12,87		17,93		18,74		18,86
09 Equity ratio	47,35		48,23		53,30		52,65
10 Gearing	1,11		1,07		0,88		0,90
		Mill. EUR		Mill. EUR		Mill. EUR		Mill. EUR
11 Net debt	-432,00		-1.209,48		2.513,78		2.995,80
12 EBITDA	6.011,00		8.434,51		8.434,51		8.434,51
	%		%		%		%
13 Growth rate total assets	8,07		9,92		-0,66		-2,03
14 EBITDA margin	19,37		20,39		20,39		20,39
15 Debt paybacktime		-0,07		-0,14		0,30		0,36

9-month according to quaterly report, schematic forecast and two variations including the pensions fund and continuing share buybacks. 2005/11/10