Slide 1: Earnings Conference Call - 3rd Quarter Fiscal 2011
Exhibit 99.1 The Mosaic Company Earnings Conference Call - 3rd Quarter Fiscal 2011 Thursday, March 31, 2011 Jim Prokopanko, President and Chief Executive Officer Larry Stranghoener, Executive VP and Chief Financial Officer Christine Battist, Director Investor Relations
Slide 2: Mosaic Named to Corporate Responsibility Magazine 100 Best Corporate Citizens List
Mosaic Named to Corporate Responsibility Magazine 12th Annual 100 Best Corporate Citizens List The 100 Best Corporate Citizens List is based on over 360 data points of publicly- available information in seven categories: Environment, Climate Change, Human Rights, Philanthropy, Employee Relations, Fi
Slide 3: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future strategic plans and other statements about future financial and operating r
Slide 4: Important Information
Important Information In connection with the proposed split-off transaction, GNS II (U.S.) Corp. (“M Holdings”) has filed with the SEC a Registration Statement on Form S-4 that includes a proxy statement of Mosaic that also constitutes a prospectus of M Holdings. Mosaic will deliver the final proxy
Slide 5: Financial Results
Financial Results Three Months Ended Nine Months Ended In millions, except per share amounts 2/28/2011 2/29/2010 2/28/2011 2/29/2010 Net Sales $2,214.3 $1,731.9 $7,077.4 $4,898.8 Gross Margin $853.6 $476.5 $2,126.6 $1,005.7 % of net sales 39% 28% 30% 21% Net Earnings $542.1 $222.6 $1,865.4 $431.0 %
Slide 6: Phosphates Segment Highlights
Phosphates Segment Highlights OPERATING EARNINGS BRIDGE Q3 FY11 Q2 FY11 Q3 FY10 $ IN MILLIONS IN MILLIONS, EXCEPT DAP PRICE 600 Net sales $1,458.0 $1,974.0 $1,020.7 500 Gross Margin $454.2 $476.3 $114.0 400 % of net sales 31% 24% 11% Operating earnings $371.8 $402.3 $52.9 300 Sales volumes 2.4 3.7 2
Slide 7: Potash Segment Highlights
Potash Segment Highlights Q3 FY11 Q2 FY11 Q3 FY10 OPERATING EARNINGS BRIDGE $ IN MILLIONS IN MILLIONS, EXCEPT MOP PRICE 450 Net sales $757.7 $699.0 $730.0 400 350 Gross Margin $411.6 $285.2 $352.0 % of net sales 54% 41% 48% 300 250 Operating earnings $413.9 $251.5 $326.0 200 Sales volumes 1.9 1.8 1.
Slide 8: Financial Guidance – Fiscal 2011
Financial Guidance – Fiscal 2011 Category Guidance Phosphates Record demand in 2011 Q4 Sales volume 2.5 – 2.9 million tonnes Higher sulfur and ammonia costs Q4 DAP selling price $560 - $590 per tonne Q4 Operating rate above 85% Potash Record demand in 2011 Q4 Sales volume 1.9 – 2.2 million tonnes No
Slide 9: The Mosaic Company
The Mosaic Company rd Earnings Conference Call - 3 Quarter Fiscal 2011 Thursday, March 31, 2011
Slide 10: Factors We Are Watching
Factors We Are Watching • Commodity prices – Outstanding underlying fundamentals – Sensitive to weather and geopolitical developments – Tight stock to use ratios • Weather and North American planting conditions • Supply uncertainties – Ma’aden timing – Raw material uncertainty – China export duties
Slide 11: Have We Been Here Before?
Have We Been Here Before? Key differences between 2008 and CROP NUTRIENT AFFORDABILITY IN THE U.S. now: CROP NUTRIENT PRICE INDEX/CROP PRICE INDEX 2.5 Less raw material price pressure 2.0 Lean distribution pipeline, cautious buying behavior 1.5 Relative cost of nutrients 1.0 well within historic nor
Slide 12: Mosaic: An Agricultural Leader
Mosaic: An Agricultural Leader Successful execution of our strategic priorities is paying off: • Balanced portfolio – Phosphate and Potash • Strong cash flow and balance sheet • Potash: – Growing volume through expansions • Phosphates: – Operational excellence – Global scale and reach – Premium prod
Slide 13: The Mosaic Company
The Mosaic Company rd Earnings Conference Call - 3 Quarter Fiscal 2011 Thursday, March 31, 2011
Slide 14: Earnings Sensitivity to Key Drivers
Appendix Earnings Sensitivity to Key Drivers(a) Estimated Change in Estimated Pre-Tax Earnings Change in Annual Change ($ in millions) EPS MOP Price ($/tonne) $50 $381 $0.61 Potash Volume (000 tonnes) 500 $124 $0.20 DAP Price ($/tonne) $50 $417 $0.67 Phosphates Volume (000 tonnes) 500 $114 $0.18 Sul