Financial Statements

Bayer Group Consolidated Statements
of Changes in Equity

	Capital stock of Bayer AG	Capital reserves of Bayer AG	Other reserves incl. OCI	Equity attributable to Bayer AG stock- holders	Equity attributable to non- controlling interest incl. OCI	Equity
	€ million	€ million	€ million	€ million	€ million	€ million
Dec. 31, 2007	1,957	4,028	10,749	16,734	87	16,821
Equity transactions with owners
Capital contributions
Dividend payments					(9)	(9)
Other changes
Total comprehensive income			794	794	(1)	793
March 31, 2008	1,957	4,028	11,543	17,528	77	17,605

Dec. 31, 2008	1,957	4,028	10,278	16,263	77	16,340
Equity transactions with owners
Capital contributions
Dividend payments					(3)	(3)
Other changes
Total comprehensive income			756	756	1	757
March 31, 2009	1,957	4,028	11,034	17,019	75	17,094
OCI = Other comprehensive income