Bayer AG - Stockholders' Newsletter Third Quarter 2006 - Statements of Recognized Income and Expense

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Financial Statements

Bayer Group Consolidated Statements of Recognized Income and Expense

	3rd Quarter 2005	3rd Quarter 2006	First Nine Months 2005	First Nine Months 2006
€ million
Changes in fair values of hedging instruments and available-for-sale securities, recognized in stockholders’ equity	40	(39)	32	(51)
Actuarial gains/losses on defined benefit obligations for pensions and other post-employment benefits	34	(852)	(1,100)	335
Exchange differences on translation of operations outside the euro zone	7	47	686	(428)
Deferred taxes on valuation adjustments, recognized directly in stockholders’ equity	(17)	353	430	(108)
Valuation adjustments recognized directly in stockholders’ equity	64	(491)	48	(252)
Income after taxes	496	320	1,553	1,372
Total income and expense recognized in the financial statements	560	(171)	1,601	1,120
of which attributable to minority interest	2	(3)	(6)	(6)
of which attributable to Bayer AG stockholders	558	(168)	1,607	1,126