Segment and Quarterly Overview

Reference values calculated on the basis of the definition of the core business effective March 31, 2020.

Covestro applied a simplification rule in calculating the income taxes paid as a component of operating cash flows at the segment level (see note 4 “Segment and Regional Reporting” in the Consolidated Financial Statements in the 2019 Annual Report). The difference between the income tax payments of the reportable operating segments and the actual income taxes paid by the Covestro Group are taken into account in the Others/consolidation column.

Trade working capital comprises inventories plus trade accounts receivable, less trade accounts payable, as of June 30, 2020, or June 30, 2019.