Business Segments of the K+S Group

Potash and Magnesium Products Business Segment

Variance analysis in % Q4/08 12M/08
Change in revenues + 29.1 + 70.3
- volume/structure (85.5) (33.1)
- prices + 112.0 + 106.
1
- exchange rates + 2.6 (2.7)
- consolidation – –
     
Potassium chloride + 18.7 + 74.3
Fertilizer specialities + 16.2 + 59.6
Industrial products + 92.1 + 86.4
   
€ million Q4/08 Q4/07 % 12M/08 12M/07 %
Revenues 498.7 386.3 + 29.1 2,397.4 1,408.0 + 70.3
Earnings before interest, taxes, depreciation & amortisation (EBITDA) 299.5 25.4 + 1,079.1 1,286.3 255.1 + 404.2
Operating earnings (EBIT I) 275.3 4.2 + 6,454.8 1,203.2 177.9 + 576.3
Capital expenditure 44.2 30.8 + 43.5 111.1 79.7 + 39.4
Employees as of 31 December (number) – – – 7,800 7,626 + 2.3
             

 

 

 

COMPO Business Segment

Variance analysis in % Q4/08 12M/08
Change in revenues (20.9) + 21.6
- volume/structure (36.8) (3.9)
- prices + 16.2 + 25.1
- exchange rates (0.3) (0.3)
- consolidation – + 0.7
     
Consumer business (3.4) + 0.8
Professional/
industrial business		 (25.5) + 32.1
   
€ million Q4/08 Q4/07 % 12M/08 12M/07 %
Revenues 100.8 127.5 (20.9) 750.9 617.4 + 21.6
Earnings before interest, taxes, depreciation & amortisation (EBITDA) (11.7) 6.5 – 90.7 42.2 + 114.9
Operating earnings (EBIT I) (10.7) 3.8 – 79.0 32.0 + 146.9
Capital expenditure 3.6 4.5 (20.0) 10.4 12.6 (17.5)
Employees as of 31 December (number) – – – 1,245 1,252 (0.6)
             

 

 

 

fertiva Business Segment

Variance analysis in % Q4/08 12M/08
Change in revenues (36.6) + 39.1
- volume/structure (89.5) (30.2)
- prices + 54.6 + 73.2
- exchange rates (1.7) (3.9)
- consolidation – –
     
Complex fertilizers (53.4) + 18.9
Straight nitrogen
fertilizers		 (39.0) + 39.4
Ammonium sulphate (11.5) + 66.7
   
€ million Q4/08 Q4/07 % 12M/08 12M/07 %
Revenues 113.8 179.5 (36.6) 901.5 648.0 + 39.1
Earnings before interest, taxes, depreciation & amortisation (EBITDA) 5.7 10.6 (46.2) 43.2 26.0 + 66.2
Operating earnings (EBIT I) 5.5 10.2 (46.1) 42.4 25.3 + 67.6
Capital expenditure 0.0 0.4 – 0.3 4.2 (92.9)
Employees as of 31 December (number) – – – 73 59 + 23.7
             

 

 

 

Salt Business Segment

Variance analysis in % Q4/08 12M/08
Change in revenues + 23.9 + 13.5
- volume/structure + 6.2 + 10.3
- prices + 17.9 + 5.7
- exchange rates (0.2) (2.5)
- consolidation – –
     
Food grade salt + 10.4 + 5.3
Industrial salt + 7.2 + 5.6
Salt for chemical use + 31.4 + 14.7
De-icing salt + 42.3 + 18.4
Other (33.4) + 34.8
   
€ million Q4/08 Q4/07 % 12M/08 12M/07 %
Revenues 209.3 168.9 + 23.9 618.6 545.1 + 13.5
Earnings before interest, taxes, depreciation & amortisation (EBITDA) 35.9 25.5 + 40.8 77.6 76.5 + 1.4
Operating earnings (EBIT I) 26.2 17.9 + 46.4 45.2 47.8 (5.4)
Capital expenditure 13.7 27.9 (50.9) 58.6 47.9 + 22.3
Employees as of 31 December (number) – – – 2,394 2,294 + 4.4
             

 

 

 

 

Complementary Business Segments

Variance analysis in % Q4/08 12M/08
Change in revenues + 4.5 + 0.2
- volume/structure (1.9) –
- prices + 7.7 + 2.1
- exchange rates – –
- consolidation (1.3) (1.8)
     
Waste Management and Recycling + 7.4 + 0.8
Logistics (14.2) (11.4)
Granulation + 6.8 + 10.4
Trading + 27.4 + 14.6
   
€ million Q4/08 Q4/07 % 12M/08 12M/07 %
Revenues 32.8 31.4 + 4.5 125.3 125.1 0.2
Earnings before interest, taxes, depreciation & amortisation (EBITDA) 7.5 9.4 (20.2) 31.2 42.4 (26.4)
Operating earnings (EBIT I) 5.8 7.8 (25.6) 25.1 37.7 (33.4)
Capital expenditure 1.4 6.3 (77.8) 10.0 17.2 (41.9)
Employees as of 31 December (number) – – – 285 273 + 4.4
             

 

 

 

 


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