Integrated Report 2020
Braskem
INTEGRATED
CAPITAL PERFORMANCE
36
REPORT 2020
A MESSAGE FROM THE BUSINESS LEADER
BRASKEM
STRATEGIC PLANNING
ABOUT THE REPORT
CREDITS
Financial Capital
GRI 103-2, 103-3|201
DIMENSION 2:
Financial and economic results
Our strict financial discipline, careful capital allo-
cation and robust risk management are essential
elements to ensure healthy Financial Capital. In
2020, our recurring Operating Result was R$ 10,975
million and our positive Net Cash Flow totaled R$
1,276 million, with a leverage ratio of 2.94x, signifi-
cantly lower than in 2019.
$
Financial Performance
of Operations
RECURRING OPERATING RESULT
US$ 2,082 million
38% higher than 2019
Variation justified by:
•
Better spreads for resins and main petrochemicals in
Brazil, PP in Europe and PE in Mexico
• Increased resin sales volumes in Brazil with record high in
quarterly resin sales in the Brazilian market
•
Higher sales volumes in the United States, Europe
and Mexico
•In local currency, the Adjusted Operating Result was R$
10.975 million, 85% higher compared to 2019 due to the
devaluation of the Brazilian Real (BRL) against the US dollar
Signature of the UN Global
Compact's CFO Principles
In 2020, as a member of the CFO Task Force, an initiative promoted by the
UN Global Compact, we commited to implementing the CFO Principles for
integrating Sustainable Development Goals (SDGs) into our financial and
investment management. This initiative will involve the definition of goals
related to our commitments to the SDGs, and is in line with our global strategy
and with the objective of contributing to improving people's lives through
sustainable development.View entire presentation