Profile and Organization

Names Figures Facts

Bayer is a research-based, growth-oriented global enterprise with core competencies in the fields of health care, nutrition and high-tech materials. Our products and services are designed to benefit people and improve their quality of life. At the same time we want to create value through innovation, growth and improved earning power.

Organization

The subgroups and service companies operate independently under the leadership of the management holding company Bayer AG.

Business operations are the responsibility of the subgroups:

Bayer HealthCare AG researches, develops, manufactures and markets innovative products for disease prevention, diagnosis and treatment.
Bayer CropScience AG is a global leader in crop protection and non-agricultural pest control.
Bayer MaterialScience AG is a renowned supplier of high-performance materials and innovative system solutions used in a wide range of products for everyday life.

Central service functions are combined into three service companies:

Bayer Business Services GmbH is the Bayer Group's international competence center for IT-based services.
Bayer Technology Services GmbH, the technological backbone of the Bayer Group, is engaged in process development and in process and plant engineering, construction and optimization.
Bayer Industry Services GmbH & Co. OHG is the operator of Germany's largest chemical park network, with sites at Leverkusen, Dormagen and Krefeld-Uerdingen.

Corporate Governance

Dual governance system with the following governance bodies:

Board of Management:	four members, Chairman: Werner Wenning
Supervisory Board:	20 members, Chairman: Dr. Manfred Schneider

Products

The Bayer Group markets some 5,000 products. Best-sellers include:

in the health care field: Ascensia® product line, Kogenate®, Adalat®, Aspirin®
in the nutrition field: Confidor®/ Gaucho®/Admire®/Merit®, Folicur®/Raxil®
in the field of high-tech materials: Makrolon®, Baydur®, Bayflex® Footwear, Desmodur®/Desmophen®

Locations

Bayer is represented around the world by 350 companies. Global headquarters are in Leverkusen, Germany.

Workforce

110,200 employees worldwide (as of June 30, 2006), including:

61,300 in Europe (of which Germany: 44,100)

18,000 in North America

16,900 in Asia/Pacific

14,000 in Latin America/Africa/Middle East

Bayer Stock

included in nearly all the major share indices
traded on all German stock exchanges
dividend per share: EUR 0.95

Financial data

2005 fiscal year, in EUR million:

Net sales:	27,383	Stockholders' equity:	11,157
EBITDA:	4,647	Total assets:	36,722
Operating result (EBIT)	2,812	Capital expenditures:	1,388
Income before income taxes:	2,199	Personnel expenses:	5,912
Net income:	1,597	Research and development expenses:	1,886
Gross cash flow:	3,477
Net cash flow	3,542

Current Financial Reports