Bond BASF SE 0.875% ( XS1718418103 ) in EUR

Issuer BASF SE
Market price 100 %  ▲ 
Country  Germany
ISIN code  XS1718418103 ( in EUR )
Interest rate 0.875% per year ( payment 1 time a year)
Maturity 15/11/2027 - Bond has expired



Prospectus brochure of the bond BASF XS1718418103 in EUR 0.875%, expired


Minimal amount 1 000 EUR
Total amount 1 000 000 000 EUR
Detailed description BASF is a multinational chemical company and the world's largest chemical producer by revenue, headquartered in Ludwigshafen, Germany.

The Bond issued by BASF SE ( Germany ) , in EUR, with the ISIN code XS1718418103, pays a coupon of 0.875% per year.
The coupons are paid 1 time per year and the Bond maturity is 15/11/2027








Debt Issuance Program Prospectus
September 11, 2017
This document constitutes two base prospectuses for the purposes of Art. 5.4 of Directive 2003/71/EC of the European
Parliament and of the Council of November 4, 2003, as amended, (the "Prospectus Directive"): (i) the base prospectus of
BASF SE in respect of non-equity securities within the meaning of Art. 22 No. 6 (4) of the Commission Regulation (EC)
No. 809/2004 of April 29, 2004, as amended, ("Non-Equity Securities") and (ii) the base prospectus of BASF Finance Europe
N.V. in respect of Non-Equity Securities (together, the "Debt Issuance Program Prospectus" or the "Prospectus").

BASF SE
(Ludwigshafen am Rhein, Federal Republic of Germany)
as Issuer and, in respect of Notes issued by
BASF Finance Europe N.V., as Guarantor
BASF Finance Europe N.V.
(Arnhem, The Netherlands)
as Issuer
EUR 20,000,000,000
Debt Issuance Program
(the "Program")
The payments of all amounts due in respect of Notes issued by BASF Finance Europe N.V. will be unconditionally and
irrevocably guaranteed by BASF SE.
Application has been made to the Luxembourg Commission de Surveillance du Secteur Financier (the "Commission"), which
is the Luxembourg competent authority for the purpose of the Prospectus Directive, for its approval of this Prospectus.
Application has been made to list Notes issued under the Program on the official list of the Luxembourg Stock Exchange and
to trade Notes on the regulated market "Bourse de Luxembourg". The Luxembourg Stock Exchange's regulated market is a
regulated market for the purposes of the Directive on markets in financial instruments 2004/39/EC, as amended, (the
"Regulated Market"). Notes issued under the Program may also not be listed at all.
Each Issuer has requested the Commission in its capacity as competent authority under the Luxembourg act relating to
prospectuses for securities, as amended (Loi relative aux prospectus pour valeurs mobilières), which implements the
Prospectus Directive into Luxembourg law (the "Luxembourg Law") to provide the competent authorities in the Federal
Republic of Germany ("Germany"), the Republic of Austria, the Republic of Ireland, The Netherlands and the United Kingdom
of Great Britain and Northern Ireland with a certificate of approval attesting that the Prospectus has been drawn up in
accordance with the Loi relative aux prospectus pour valeurs mobilières ("Notification"). Each Issuer may request the
Commission to provide competent authorities in additional Member States within the European Economic Area with a
Notification. By approving a prospectus, the Commission shall give no undertaking as to the economic and financial
soundness of the operation or the quality or solvency of each issuer pursuant to Article 7(7) Luxembourg Law.
Arranger
Deutsche Bank
Dealers
Banco Bilbao Vizcaya Argentaria,
Barclays BayernLB
S.A.
BNP PARIBAS
BofA Merrill Lynch
Citigroup
Commerzbank Crédit
Agricole
CIB Credit
Suisse
Deutsche Bank
DZ BANK AG
Goldman Sachs International
HSBC ING
J.P.
Morgan
Landesbank Baden-Württemberg
MUFG
Mizuho Securities
Morgan Stanley
NatWest Markets
RBC Capital Markets
Société Générale
Santander Global Corporate Banking
SMBC Nikko
Corporate & Investment Banking
TD Securities
UBS Investment Bank
UniCredit Bank
This Prospectus will be published in electronic form on the website of the Luxembourg Stock Exchange (www.bourse.lu) and
on the website of BASF Group (www.basf.com). This Prospectus is valid for a period of twelve months after its approval.



2
RESPONSIBILITY STATEMENT
BASF SE ("BASF" or the "Guarantor", together with its consolidated group companies, the "BASF
Group") with its registered office in Ludwigshafen am Rhein, Germany and BASF Finance Europe N.V.
("BASF Finance") with its registered office in Arnhem, The Netherlands (herein each also called an
"Issuer" and together the "Issuers") accept responsibility for the information given in this Prospectus and
for the information which will be contained in the Final Terms (as defined herein).
Each Issuer hereby declares that, having taken all reasonable care to ensure that such is the case, the
information contained in this Prospectus for which it is responsible is, to the best of its knowledge, in
accordance with the facts and contains no omission likely to affect its import.
NOTICE
This Prospectus should be read and understood in conjunction with any supplement hereto and with any
other documents incorporated herein by reference. Full information on the Issuers and any tranche of
Notes is only available on the basis of the combination of the Prospectus and the relevant Final Terms (as
defined herein).
Each Issuer has confirmed to the Dealers (as defined herein) that this Prospectus contains all information
which is necessary to enable investors to make an informed assessment of the assets and liabilities,
financial position, profit and losses and prospects of the Issuers and the rights attaching to the Notes
which is material in the context of the Program; that the information contained herein with respect to the
Issuers and the Notes is accurate and complete in all material respects and is not misleading; that any
opinions and intentions expressed herein are honestly held and based on reasonable assumptions; that
there are no other facts with respect to the Issuers or the Notes, the omission of which would make this
Prospectus as a whole or any of such information or the expression of any such opinions or intentions
misleading; that the Issuers have made all reasonable enquiries to ascertain all facts material for the
purposes aforesaid.
Each Issuer and the Guarantor has undertaken with the Dealers (i) to supplement this Prospectus or
publish a new Prospectus in the event of any significant new factor, material mistake or inaccuracy relating
to the information included in this Prospectus in respect of Notes issued on the basis of this Prospectus
which is capable of affecting the assessment of the Notes and which arises or is noted between the time
when this Prospectus has been approved and the final closing of any tranche of Notes offered to the public
or, as the case may be, when trading of any tranche of Notes on a regulated market begins, and (ii) to
have such document approved by the Commission.
No person has been authorized to give any information which is not contained in or not consistent with this
Prospectus or any other document entered into in relation to the Program or any information supplied by
any Issuer or any other information in the public domain and, if given or made, such information must not
be relied upon as having been authorized by the Issuers, the Dealers or any of them.
Neither the Arranger (as defined herein) nor any Dealer nor any other person mentioned in this
Prospectus, excluding the Issuers and the Guarantor, is responsible for the information contained in this
Prospectus or any supplement hereto, or any Final Terms or any document incorporated herein by
reference, and accordingly, and to the extent permitted by the laws of any relevant jurisdiction, none of
these persons accepts any responsibility for the accuracy and completeness of the information contained
in any of these documents. This Prospectus is valid for 12 months after its approval and this Prospectus
and any supplement hereto as well as any Final Terms reflect the status as of their respective dates of
issue. The delivery of this Prospectus or any Final Terms and the offering, sale or delivery of any Notes
may not be taken as an implication that the information contained in such documents is accurate and
complete subsequent to their respective dates of issue or that there has been no adverse change in the
financial situation of the Issuers since such date or that any other information supplied in connection with
the Program is accurate at any time subsequent to the date on which it is supplied or, if different, the date
indicated in the document containing the same.
The distribution of this Prospectus and any Final Terms and the offering, sale and delivery of Notes in
certain jurisdictions may be restricted by law. Persons into whose possession this Prospectus or any Final
Terms come are required to inform themselves about and observe any such restrictions. For a description
of the restrictions applicable in the United States of America, the European Economic Area in general, the
United Kingdom and Japan see "Selling Restrictions". In particular, the Notes have not been and will not
be registered under the United States Securities Act of 1933, as amended, (the "Securities Act") and are




3
subject to tax law requirements of the United States of America; subject to certain exceptions, Notes may
not be offered, sold or delivered within the United States of America or to U.S. persons.
The language of the Prospectus is English. The German versions of the English language sets of Terms
and Conditions and Guarantee are shown in the Prospectus for additional information. As to form and
content, and all rights and obligations of the Holders (as defined herein) and the Issuer under the Notes to
be issued, German is the controlling legally binding language if so specified in the relevant Final Terms. In
respect of the Guarantee, the German language version is always controlling and legally binding as to
form and content, and all rights and obligations of the Holders and the Guarantor thereunder.
Each Dealer and/or each further financial intermediary subsequently reselling or finally placing
Notes issued under the Program is entitled to use the Prospectus as set out in "Consent to the Use
of the Prospectus" below.
This Prospectus may only be used for the purpose for which it has been published.
This Prospectus and any Final Terms may not be used for the purpose of an offer or solicitation by
anyone in any jurisdiction in which such offer or solicitation is not authorized or to any person to
whom it is unlawful to make such an offer or solicitation.
This Prospectus and any Final Terms do not constitute an offer or an invitation to subscribe for or
purchase any Notes.
In connection with the issue of any Tranche of Notes under the Program, the Dealer or Dealers (if
any) named as stabilizing manager(s) in the applicable Final Terms (or persons acting on behalf of
a stabilizing manager) may over-allot Notes or effect transactions with a view to supporting the
price of the Notes at a level higher than that which might otherwise prevail. However, stabilization
may not necessarily occur. Any stabilization action may begin on or after the date on which
adequate public disclosure of the terms of the offer of the relevant Tranche of Notes is made and,
if begun, may cease at any time, but it must end no later than the earlier of 30 days after the Issue
Date of the relevant Tranche of Notes and 60 days after the date of the allotment of the relevant
Tranche of Notes. Any stabilization action or over-allotment must be conducted by the relevant
stabilizing manager(s) (or person(s) acting on behalf of any stabilizing manager(s)) in accordance
with all applicable laws and rules.
Any websites included in the Prospectus, except for the website www.bourse.lu in the context of the
documents incorporated by reference, are for information purposes only and do not form part of the
Prospectus.
FORWARD-LOOKING STATEMENTS
This Prospectus contains certain forward-looking statements. A forward-looking statement is a statement
that does not relate to historical facts and events. They are based on analyses or forecasts of future
results and estimates of amounts not yet determinable or foreseeable. These forward-looking statements
are identified by the use of terms and phrases such as "anticipate", "believe", "could", "estimate", "expect",
"intend", "may", "plan", "predict", "project", "will" and similar terms and phrases, including references and
assumptions. This applies, in particular, to statements in this Prospectus containing information on future
earning capacity, plans and expectations regarding BASF Group's business and management, its growth
and profitability, and general economic and regulatory conditions and other factors that affect it.
Forward-looking statements in this Prospectus are based on current estimates and assumptions that the
Issuers make to the best of their present knowledge. These forward-looking statements are subject to
risks, uncertainties and other factors which could cause actual results, including BASF Group's financial
condition and results of operations, to differ materially from and be worse than results that have expressly
or implicitly been assumed or described in these forward-looking statements. BASF Group's business is
also subject to a number of risks and uncertainties that could cause a forward-looking statement, estimate
or prediction in this Prospectus to become inaccurate. Accordingly, investors are strongly advised to read
the following sections of this Prospectus: "Risk Factors", "BASF SE as Issuer and Guarantor" and "BASF
Finance Europe N.V. as Issuer". These sections include more detailed descriptions of factors that might
have an impact on BASF Group's business and the markets in which it operates.
In light of these risks, uncertainties and assumptions, future events described in this Prospectus may not
occur. In addition, neither the Issuers nor the Dealers assume any obligation, except as required by law, to
update any forward-looking statement or to conform these forward-looking statements to actual events or
developments.




4
TABLE OF CONTENTS
Page
Summary
..................................................................................................................................... 6

Section A
Introduction and Warnings .......................................................................................... 6

Section B
Issuer and Guarantor .................................................................................................. 7

Section B
Issuer ........................................................................................................................... 9

Section C
Securities ................................................................................................................... 11

Section D
Risks .......................................................................................................................... 14


Risks specific to BASF SE as Issuer and Guarantor ................................................ 14


Risks specific to BASF Finance Europe N.V. ............................................................ 15


Risks specific to the Securites ................................................................................... 15

Section E
Offer of the Securities ................................................................................................ 17
German Translation of the Summary .................................................................................................. 18

Abschnitt A Einleitung und Warnhinweise .................................................................................... 18

Abschnitt B Emittentin und Garantin ............................................................................................. 19

Abschnitt B Emittentin ................................................................................................................... 22

Abschnitt C Wertpapiere ............................................................................................................... 23

Abschnitt D Risiken ....................................................................................................................... 27


Risiken, die der BASF SE als Emittentin und Garantin eigen sind ........................... 27


Risiken, die der BASF Finance Europe N.V. eigen sind ........................................... 28


Risiken, die den Wertpapieren eigen sind ................................................................. 28

Abschnitt E Angebot von Schuldverschreibungen........................................................................ 30
Risk Factors
................................................................................................................................... 31

Risk Factors regarding BASF SE and BASF Group ...................................................................... 31

Risk Factors regarding BASF Finance Europe N.V. ...................................................................... 36

Risk Factors regarding the Notes ................................................................................................... 36
Consent to the use of the Prospectus ................................................................................................. 41
General Description of the Program .................................................................................................... 42
General
................................................................................................................................... 42
Issue Procedures ................................................................................................................................. 43
BASF SE as Issuer and Guarantor ..................................................................................................... 45
BASF Finance Europe N.V. as Issuer ................................................................................................. 76
Terms and Conditions of the Notes (English Language Version) ....................................................... 79

OPTION I ­ Terms and Conditions that apply to Notes with fixed interest rates ........................... 79

OPTION II ­ Terms and Conditions that apply to Notes with floating interest rates .................... 100
Terms and Conditions of the Notes (German Language Version) .................................................... 116

OPTION I ­ Anleihebedingungen für Schuldverschreibungen mit fester Verzinsung .................. 117

OPTION II ­ Anleihebedingungen für Schuldverschreibungen mit variabler Verzinsung ............ 141
Guarantee (German Language Version) ........................................................................................... 159
Guarantee (English Translation) ....................................................................................................... 162
Form of Final Terms .......................................................................................................................... 164
Description of Rules Regarding Resolutions of Holders ................................................................... 179
Use of Proceeds ................................................................................................................................ 181
Taxation
................................................................................................................................. 182
Selling Restrictions ............................................................................................................................ 192
General Information ........................................................................................................................... 195

Interest of Natural and Legal Persons involved in the Issue/Offer ............................................... 195

Authorization ................................................................................................................................. 195




5

Listing and Admission to Trading ................................................................................................. 195

Clearing Systems ......................................................................................................................... 195

Documents on Display ................................................................................................................. 196
Documents Incorporated by Reference ............................................................................................. 197

Documents incorporated by Reference ........................................................................................ 197

Cross-reference list of Documents incorporated by Reference ................................................... 197

Availability of Incorporated Documents ........................................................................................ 199
Names and Addresses ...................................................................................................................... 200





6

SUMMARY
Summaries are made up of disclosure requirements known as "Elements". These elements are numbered
in Sections A ­ E (A.1 ­ E.7).
This summary (the "Summary") contains all the Elements required to be included in a summary for this
type of Notes and Issuer. Because some Elements are not required to be addressed, there may be gaps in
the numbering sequence of the Elements.
Even though an Element may be required to be inserted in the Summary because of the type of Notes and
Issuer, it is possible that no relevant information can be given regarding the Element. In this case, a short
description of the Element is included in the Summary with the mention of "not applicable".
[The Summary contains options, characterized by square brackets or typesetting in italics (other than the
respective translations of specific legal terms), and placeholders regarding the Notes to be issued under
the Program. The summary of the individual issue of Notes will include the options relevant to this issue of
Notes as determined by the applicable Final Terms and will contain the information, which had been left
blank, as completed by the applicable Final Terms.]1
Element
Section A ­ Introduction and warnings


A.1
Warnings
Warning that:
this Summary should be read as an introduction to the
Prospectus;
any decision to invest in the Notes should be based on
consideration of the Prospectus as a whole by the investor;
where a claim relating to the information contained in the
Prospectus is brought before a court, the plaintiff investor
might, under the national legislation of the Member State,
have to bear the costs of translating the Prospectus, before
the legal proceedings are initiated; and
civil liability attaches only to the Issuers which have tabled
the Summary including any translation thereof, but only if the
Summary is misleading, inaccurate or inconsistent when
read together with the other parts of the Prospectus or it
does not provide, when read together with the other parts of
the Prospectus, key information in order to aid investors
when considering whether to invest in the Notes.
A.2
Consent to the use of
[Each Dealer and/or each further financial intermediary
the Prospectus
subsequently reselling or finally placing the Notes is entitled to
use the Prospectus for the subsequent resale or final placement
of the Notes during the offer period for the subsequent resale or
final placement of the Notes from [] to [], provided however,
that the Prospectus is still valid in accordance with Article 11(2)
of the Luxembourg act relating to prospectuses for securities, as
amended, (Loi relative aux prospectus pour valeurs mobilières)
which implements Directive 2003/71/EC of the European
Parliament and of the Council of November 4, 2003 (as
amended).
The Prospectus may only be delivered to potential investors
together with all supplements published before such delivery.
Any supplement to the Prospectus is available for viewing in
electronic form on the website of the Luxembourg Stock
Exchange (www.bourse.lu) and on the website of BASF Group
(www.basf.com).
When using the Prospectus, each Dealer and/or relevant further
financial intermediary must make certain that it complies with all
applicable laws and regulations in force in the respective
jurisdictions.
In the event of an offer being made by a Dealer and/or a

1 To be deleted for the summary of an individual issue of Notes.




7
further financial intermediary the Dealer and/or the further
financial intermediary shall provide information to investors
on the terms and conditions of the Notes at the time of that
offer.][Not applicable. No consent has been given.]

Element
Section B ­ [Issuer] [Guarantor]

B.1
Legal and commercial
BASF SE ("BASF", together with its consolidated group
name
companies, the "BASF Group")
B.2
Domicile / Legal form /
BASF is incorporated and operating under the laws of Germany
Legislation / Country of
in Ludwigshafen am Rhein, Germany as a European Company
incorporation
(Societas Europaea, SE). Its registered office is located at Carl-
Bosch-Straße 38, 67056 Ludwigshafen am Rhein, Germany.
B.4b
Known trends affecting
The development in the global economy generally affects BASF
the Issuer and the
Group's sales and earnings and cyclicality may adversely affect
industries in which it
operating margins. In addition, significant variations in the cost
operates
and availability of raw materials, energy, precursors and
intermediates may adversely affect BASF Group's operating
results. Some industries, in which BASF operates, are
characterized by overcapacities, which could put pressure on
operating margins. BASF operates in regulated industries and
changes in regulatory controls and associated implementation of
measures to comply with regulations could affect earnings.
B.5 Description
of
the BASF is the ultimate parent company of the BASF Group. BASF
Group and the Issuer's
Group is a transnational chemical company. As per
position within the
December 31, 2016, BASF Group has more than 114,000
Group
employees and counts in its consolidated financial statement
286 fully consolidated companies.
B.9
Profit forecast or
Not applicable. No profit forecast or estimate are made.
estimate
B.10 Nature
of
any
Not applicable. The audit report does not include any
qualifications in the
qualifications.
audit report on
historical financial
information




8
B.12
Selected historical key financial information


January 1, 2016 ­
January 1, 2015 ­
December 31, 2016
December 31, 2015
million
EUR
Sales
57,550
70,449
Income from operations before
depreciation and amortization
(EBITDA)1
10,526
10,649
Income from operations (EBIT)2
6,275
6,248
Net income
4,056
3,987
Cash provided by operating
activities
7,717
9,446




December 31, 2016
December 31, 2015
million
EUR
Total assets
76,496
70,836
Stockholders' equity
32,568
31,545
Noncurrent liabilities
28,611
25,055
Current liabilities
15,317
14,236


January 1, 2017 -
January 1, 2016 -
June 30, 2017
June 30, 2016
million
EUR
Sales
33,121
28,691
Income from operations before
depreciation and amortization
(EBITDA)1
6,735
5,602
Income from operations (EBIT)2
4,632
3,584
Net income
3,205
2,479
Cash provided by operating
activities
3,802
3,339




June 30, 2017
June 30, 2016
million
EUR
Total assets
75,651
72,159
Stockholders' equity
32,442
28,968
Noncurrent liabilities
28,723
27,546
Current liabilities
14,486
15,645
1 "EBITDA" is defined as income from operations before interest, taxes, depreciation and amortization.
Depreciation and amortization includes amortization and depreciation of, and valuation allowances
(impairments and write-ups) on intangible assets and property, plant and equipment.
2 "EBIT" is defined as income from operations before interest and taxes.


Material adverse change There has been no material adverse change in the prospects of
in the prospects of the BASF since the date of the last published audited financial
Issuer
statements as of December 31, 2016.
Significant change in Not applicable. There has been no significant change in the
the financial and trading financial or trading position of BASF since June 30, 2017.
position
B.13 Recent
events
Not applicable. There are no recent events particular to BASF
which are to a material extent relevant to BASF's solvency.




9
B.14
Please see Element B.5
Statement of
Not applicable. BASF SE is not dependent upon other entities
dependency upon other
within the BASF Group.
entities within the group
B.15 Principal
activities
BASF is a global company and is engaged in chemistry and
related areas, agriculture and nutrition, extraction and production
of and dealing in oil, mineral oil products and energies,
development and production of and dealing in products and the
provision of services in the area of environmental technology.
B.16 Controlling
Persons To BASF's knowledge, BASF is not directly or indirectly
controlled or owned by another cooperation, by any government,
or by any other natural or legal person, acting severally or jointly,
and there are no arrangements which may result in a change of
control.
B.17 Credit
ratings
of
the Standard & Poor's Credit Market Services Europe Limited
Issuer or its debt
("Standard & Poor's") 1 ,3 has assigned the long-term credit
securities
rating A4 (outlook stable) and Moody's Investors Service Ltd.
("Moody's") 2,3 has assigned an A14 rating (outlook stable) to
BASF SE. Scope Ratings AG ("Scope Ratings")5 assigned to
BASF SE a long-term credit rating of "A"6 (outlook stable).
[B.18
Nature and scope of the Notes issued by BASF Finance Europe N.V. will have the benefit
Guarantee
of a Guarantee (the "Guarantee") given by BASF (the
"Guarantor"). The Guarantee constitutes an irrevocable,
unsecured and unsubordinated obligation of the Guarantor
ranking pari passu with all other unsecured and unsubordinated
obligations of the Guarantor. The terms of the Guarantee contain
a negative pledge of the Guarantor. The Guarantee will be
governed by German law. The Guarantee constitutes a contract
for the benefit of the Holders from time to time as third party
beneficiaries pursuant to § 328 paragraph 1 German Civil Code
(Bürgerliches Gesetzbuch ­ BGB).]

[Element
Section B ­ Issuer

B.1
Legal and commercial
BASF Finance Europe N.V. ("BASF Finance")
Name
B.2
Domicile / Legal form /
BASF Finance Europe N.V. is incorporated and operating under
Legislation / Country of
the laws of The Netherlands as a public limited liability company
incorporation
(naamloze vennootschap). The company has its corporate seat
in Arnhem, The Netherlands. Its registered office is:
Groningensingel 1, 6835 EA Arnhem, The Netherlands.
B.4b Known
trends
affecting
Not applicable. There are no known trends affecting BASF
the Issuer and the
Finance and the industries in which it operates.

1 Standard & Poor's is established in the European Community and is registered under Regulation (EC) No 1060/2009 of
the European Parliament and of the Council of September 16, 2009 on credit rating agencies, as amended (the "CRA
Regulation").
2
Moody's is established in the European Community and is registered under the CRA Regulation.
3
The European Securities and Markets Authority publishes on its website (https://www.esma.europa.eu/supervision/credit-
rating-agencies/risk) a list of credit rating agencies registered in accordance with the CRA Regulation. That list is updated
within five working days following the adoption of a decision under Article 16, 17 or 20 CRA Regulation. The European
Commission shall publish that updated list in the Official Journal of the European Union within 30 days following such
update.
4 A credit rating assesses the creditworthiness of an entity and informs an investor therefore about the probability of the
entity being able to redeem invested capital. It is not a recommendation to buy, sell or hold securities and may be revised
or withdrawn by the rating agency at any time.
5
Scope Ratings is established in the European Community and is registered under the CRA Regulation.
6 Scope Ratings assigned a long-term credit rating of "A" reflecting the opinion of a strong credit quality with a very low risk
of default-like event. The "stable" outlook indicates that Scope is not likely to change the rating within the following 12-18
months.




10
Industries in which it
operates
B.5
Description of the
BASF Finance is a wholly owned subsidiary of BASF and has
Group and the Issuer's
no subsidiaries of its own. BASF is a stock corporation
position within the
incorporated and organized under the laws of Germany and the
Group
ultimate parent company of the BASF Group.
B.9
Profit forecast or
Not applicable. No profit forecast or estimate are made.
estimate
B.10 Nature
of
any
Not applicable. The audit report does not include any
qualifications in the
qualifications.
audit report on
historical financial
information
B.12
Selected historical key financial information


January 1, 2016 -
January 1, 2015 -
December 31, 2016
December 31, 2015
thousand
EUR
Sales 0
0
Financial result
1,947
3,183
Other operating expenses
(1,581)
(1,826)
Net income
273
1,016




December 31, 2016
December 31, 2015
thousand
EUR
Total assets
4,525,250
3,026,793
Stockholders' equity
15,041
6,804
Noncurrent liabilities
3,147,408 1,654,500
Current liabilities
1,360,239
1,365,489


January 1, 2017 -
January 1, 2016 -
June 30, 2017
June 30, 2016
thousand
EUR
Sales 0
0
Financial result
4,145
412
Other operating expenses
(5,017)
(58)
Net income
(656)
265




June 30, 2017
June 30, 2016
thousand
EUR
Total assets
4,526,278
3,020,584
Stockholders' equity
14,385
7,068
Noncurrent liabilities
3,148,391 1,654,500
Current liabilities
1,361,265
1,359,016

Material adverse change There has been no material adverse change in the prospects of
in the prospects of the BASF Finance since the date of the last published audited
Issuer
financial statements as of December 31, 2016.
Significant change in Not applicable. There has been no significant change in the
the financial and trading financial or trading position of BASF Finance since June 30,
position
2017.
B.13 Recent
events
Not applicable. There are no recent events particular to BASF
Finance which are to a material extent relevant to BASF