Welcome to LANXESS Annual Report 2011!

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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)       (1)
March 31, 2012 20 12 8 6 17 63
             
Companies accounted for using the equity method
Jan. 1, 2012   1     2 3
Changes           0
March 31, 2012 0 1 0 0 2 3
             
Non-consolidated companies
Jan. 1, 2012 5 2 1 3 0 11
Changes           0
March 31, 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) 0 0 0 (1)
March 31, 2012 25 15 9 9 19 77

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.

The Darmex group, acquired last year and comprising all the shares of Darmex S.A., Buenos Aires, Argentina, and Werlind Chile S.A., Santiago, Chile, along with their subsidiaries, was consolidated for the first time as of January 11, 2011. In the twelve-month period following the acquisition date, there were no new findings or information warranting an adjustment of the provisional purchase price allocation. That allocation is therefore final.

As of March 31, 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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