	basf basf f says results affected by dlr basf ag said the volatile currency situation last year particularly the fall of the dollar led to sharp drops in turnover denominated in marks and to price reductions for exports from domestic production but in a statement accompanying year end figures the group said it expected satisfactory business development over the next months at the moment we do not expect any extraordinary influences such as there were last year it said orders in hand and incoming orders were steady at a high level basf reported pct lower world group pre tax profit at billion marks compared to the unusual situation on the crude oil market last year also produced a clear sales slide in the oil and gas sector and forced price declines for petrochemical products basf said the fall in pre tax profit corresponded to the losses on stocks in the oil and gas sector at the beginning of in the parent company the positive ings development continued it said where pre tax profit rose by pct to billion marks the decline in parent company turnover was balanced out by increased capacity use and price declines in raw materials in world group turnover was off pct at billion marks compared to basf said parent turnover fell pct to billion turnover increases with the exceptions of the sectors fine chemicals and informations systems had only been achieved in those areas widened last year through acquisition in results from these had been taken only partly into the fourth quarter of that year but fully included in data so far in the current year the investment volume of the parent company and the world group is exceeding that in basf said without giving concrete figures reuter 
