Covestro Group key data

Earnings before interest, taxes, depreciation and amortization (EBITDA): EBIT plus depreciation, amortization, and impairment losses; less impairment loss reversals on intangible assets and property, plant and equipment.

Earnings before interest and taxes (EBIT): income after income taxes plus financial result and income taxes.

Net income: income after income taxes attributable to the shareholders of Covestro AG.

Cash flows from operating activities according to IAS 7 (Statement of Cash Flows).

Free operating cash flow (FOCF): cash flows from operating activities less cash outflows for additions to property, plant, equipment and intangible assets.

As of December 31 in each case.

Return on capital employed (ROCE): ratio of EBIT after imputed income taxes to capital employed. Since the year 2022, imputed income taxes have been calculated by multiplying an imputed tax rate (previously: effective tax rate) of 25% by EBIT.

Weighted average cost of capital (WACC): weighted average cost of capital reflecting the expected return on the company’s equity and debt capital.