Mosaic Company (MOS) 2019年年度报告「NYSE」.pdf

1、2019ANNUAL REPORTFinancial HighlightsWeather conditions negatively impacted 2019 North American spring and fall fertilizer applications driving lower phosphate prices and potash sales volumes,which negatively impacted cash from operating activities.In response to these conditions,the company made de

2、cisions to curtail phosphate and potash production to improve its cost structure longer-term and balance production with customer demand in the near-term.The resulting lower operating rates in both Potash and Phosphates temporarily raised Mosaics cash cost per tonne.*Includes acquisition of Vale Fer

3、tilizantes on January 8,2018.*Phosphate cash conversion costs are reflective of actual costs,excluding realized mark-to-market gains and losses.These costs are captured in inventory and are not necessarily reflective of costs included in costs of goods sold for the period.*MOP cash costs including b

4、rine management costs and royalties,excluding taxes and realized derivative gains/(losses).These costs are captured in inventory and are not necessarily reflective of costs included in costs of goods sold for the period.0246810201520162017201920188.97.17.48.9*9.6*NET SALES DOLLARS IN BILLIONS0.00.51

5、.01.52.0201520162017201920182.01.30.941.1*1.4*NET CASH PROVIDED BY OPERATING ACTIVITIES DOLLARS IN BILLIONS01020304050607080201520162017201920187165716563NORTH AMERICA PHOSPHATE CASH CONVERSION COSTS*DOLLARS PER TONNE020406080100201520162017201920189487888779NORTH AMERICA MURIATE OF POTASH CASHCOSTS

6、 OF PRODUCTION*DOLLARS PER TONNE01020304050607080201520162017201920187165716563NORTH AMERICA PHOSPHATE CASH CONVERSION COSTS*DOLLARS PER TONNE0.00.51.01.52.0201520162017201920182.01.30.941.1*1.4*NET CASH PROVIDED BY OPERATING ACTIVITIES DOLLARS IN BILLIONS0246810201520162017201920188.97.17.48.9*9.6*