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Sustainable Development Report 2009
With our Sustainable Development Report we would like to give our stakeholders a transparent and comprehensive description of the economic, ecological and social challenges that are linked to our operations and show them the strategies and solutions that we are applying tomeet them.
This publication is aimed at business partners, employees, stockholders, non-governmental organizations, suppliers, authorities and the general public. The concerns of our stakeholders form the basis of our reporting and our sustainability strategy, which we updated in 2009. With this strategy we set the focus of our sustainability commitment on health care, security of food supply andclimate and resource protection. These are the areas in which we can provide the most efﬁcient and effective approaches as they reﬂect our ﬁelds of expertise. At the same time they have a high social relevance to our company. We feature detailed information on the Bayer sustainability strategy and its new areas of focus in the “Strategy & Management” section and in the focus issue articles. Youcan ﬁnd up-to-date information on the subject of water featured as a focus issue last year in the “Ecology” section. Our Performance Report gives an overview of all other facts and ﬁgures that are relevant to sustainability management in the Group, allowing the reader quick and easy access to data on our Group-wide sustainability performance. In this Sustainable Development Report we have endeavoredto ensure maximum transparency, clarity of layout and ease of veriﬁcation. The statements pro-
vided here apply to all sites and activities of the Bayer Group. All data in the focus issue articles and in the Performance Report were subjected to an assurance process by Ernst & Young (see page 113). The report is published in German, English and Spanish. The editorial deadline was April 30,2010. Our next Sustainable Development Report is due to be published in 2011. Designations such as manager and employee refer equally to men and women; the masculine form of personal pronouns is used in such cases solely to simplify the text.
An important orientation for our reporting is provided by the guidelines of the Global Reporting Initiative (gri), with which, in this report, we complyfully. The gri has checked and conﬁrmed that level a+, the highest reporting level, has been maintained. An index at the end of the report lists the pages on which information is provided on the individual gri indicators.
Further information on the Internet
The report is supplemented by further information given on our website. The report contains references to enable easier access: atwww.sustainability2009.bayer.com you will ﬁnd a page entitled “Additional Info Links.” Here, all references are listed with a corresponding code number. By clicking on these you will go to the desired information.
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BAYER GROUP KEY DATA
2008 € million Bayer Group Sales EBITDA1 EBITDA before special items EBITDA margin before special items EBIT2 EBIT before special itemsIncome before income taxes Net income Earnings per share (€) 3 Core earnings per share (€) 4 Gross cash ﬂow 5 Net cash ﬂow 6 Net ﬁnancial debt Capital expenditures as per segment table in the Annual Report 2009 Research and development expenses Dividend per Bayer AG share (€) Bayer HealthCare Sales EBITDA1 EBITDA before special items EBITDA margin before special items EBIT 2 EBIT before special itemsGross cash ﬂow 5 Net cash ﬂow 6 Bayer CropScience Sales EBITDA1 EBITDA before special items EBITDA margin before special items EBIT 2 EBIT before special items Gross cash ﬂow 5 Net cash ﬂow 6 Bayer MaterialScience Sales EBITDA1 EBITDA before special items EBITDA margin before special items EBIT 2 EBIT before special items Gross cash ﬂow 5 Net cash ﬂow 6
2009 € million 31,168 5,815 6,472...