Welcome to LANXESS Interim Report 2012!

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Scope of consolidation

The consolidated interim financial statements of the LANXESS Group include the parent company LANXESS AG along with all of its domestic and foreign subsidiaries.

             
  EMEA (excl. Germany) Germany North America Latin America Asia-Pacific Total
             
Fully consolidated companies (incl. parent company)
Jan. 1, 2012 20 13 7 6 17 63
Additions     1     1
Mergers   (1) (2)     (3)
June 30, 2012 20 12 6 6 17 61
             
Companies accounted for using the equity method
Jan. 1, 2012   1     2 3
Changes           0
June 30, 2012 0 1 0 0 2 3
             
Non-consolidated companies
Jan. 1, 2012 5 2 1 3 0 11
Changes           0
June 30, 2012 5 2 1 3 0 11
             
Total
Jan. 1, 2012 25 16 8 9 19 77
Additions 0 0 1 0 0 1
Mergers 0 (1) (2) 0 0 (3)
June 30, 2012 25 15 7 9 19 75

On March 14, 2012, LANXESS acquired all of the shares of Tire Curing Bladders, LLC, of Little Rock, United States. The company was assigned to the Rhein Chemie business unit in the Performance Chemicals segment and has substantially broadened the product portfolio. The acquisition had no material impact on the Group’s financial position or results of operations.

First-time consolidation of the Darmex group, which was acquired in the previous year, was effected as of January 11, 2011. The material protection business acquired from Syngenta AG was consolidated effective April 13, 2011. First-time inclusion of the elastomers business acquired from Dutch company Royal DSM N.V. was effected as of May 2, 2011. In the respective twelve-month periods since the dates of these three acquisitions, there were no new findings or information warranting adjustment of the provisional purchase price allocations. These allocations are therefore final.

As of June 30, 2012, it had not proven necessary to adjust the purchase price allocations for any of the other acquisitions made in 2011.

Details of these acquisitions and their effects on the LANXESS Group’s consolidated statement of financial position are provided in the section entitled “Companies Consolidated” in the notes to the consolidated financial statements as of December 31, 2011.

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