Annual Report 2025
Bayer Group Consolidated Statements of Changes in Equity

€ million

 

Capital
stock

 

Capital reserves

 

Retained earnings incl. net income

 

Exchange differences

 

Fair-value measurement of equity instruments

 

Cash flow hedges

 

Equity attributable to Bayer AG stockholders

 

Equity attributable to non­controlling interest

 

Equity

Jan. 1, 2024

 

2,515

 

18,261

 

12,175

 

(128)

 

81

 

23

 

32,927

 

151

 

33,078

Total comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income after income taxes

 

 

 

 

 

(2,552)

 

 

 

 

 

 

 

(2,552)

 

6

 

(2,546)

Other comprehensive income

 

 

 

 

 

370

 

1,385

 

(75)

 

(86)

 

1,594

 

3

 

1,597

Miscellaneous other changes

 

 

 

 

 

(65)

 

 

 

10

 

55

 

 

 

 

 

 

Equity transactions with owners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend payments

 

 

 

 

 

(108)

 

 

 

 

 

 

 

(108)

 

(23)

 

(131)

Other changes

 

 

 

 

 

47

 

 

 

 

 

 

 

47

 

 

 

47

Dec. 31, 2024

 

2,515

 

18,261

 

9,867

 

1,257

 

16

 

(8)

 

31,908

 

137

 

32,045

Total comprehensive income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income after income taxes

 

 

 

 

 

(3,620)

 

 

 

 

 

 

 

(3,620)

 

25

 

(3,595)

Other comprehensive income

 

 

 

 

 

595

 

(2,879)

 

(27)

 

19

 

(2,292)

 

(27)

 

(2,319)

Miscellaneous other changes

 

 

 

 

 

(67)

 

 

 

5

 

62

 

 

 

 

 

 

Equity transactions with owners

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dividend payments

 

 

 

 

 

(108)

 

 

 

 

 

 

 

(108)

 

(19)

 

(127)

Other changes

 

 

 

 

 

59

 

 

 

 

 

 

 

59

 

 

 

59

Dec. 31, 2025

 

2,515

 

18,261

 

6,726

 

(1,622)

 

(6)

 

73

 

25,947

 

116

 

26,063