Mosaic Company (the) · NYSE:MOS

Mosaic Company (the) — Q1 FY2009 Earnings Presentation

24 slides from Mosaic Company (the)'s earnings presentation, Oct 7, 2008

  1. Slide 1: Mosaic's 1st Quarter Fiscal Year 2009 Earnings and Conference Call

    Mosaic’s 1 Quarter Fiscal Year 2009 Earnings and Conference Call Thursday, October 2, 2008 st Jim Prokopanko, President and CEO Mike Rahm, Vice President - Market Analysis and Strategic Planning Christine Battist, Director - Investor Relations Exhibit 99.2

  2. Slide 2: 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 financial and operating results. Such statements are based upon the current

  3. Slide 3: Mosaic's 1st Quarter Fiscal Year 2009

    Mosaic’s 1 Quarter Fiscal Year 2009 st

  4. Slide 4: Slide 4

  5. Slide 5: Financial Highlights

    Financial Highlights 8/31/2008 8/31/2007 (In millions, except per share amounts) Net Sales Gross Margin (% of net sales) Net Earnings (% of net sales) Diluted EPS Effective Tax Rate Cash Flow from Operations Three Months Ended $4,322.5 $2,003.3 $1,648.6 $521.8 38.1% 26.0% $1,184.7 $305.5 27.4% 15.2%

  6. Slide 6: Another record crop in 2008

    Another record crop in 2008 World Grain and Oilseed Production 16 Leading Crops 2.0 2.1 2.2 2.3 2.4 2.5 2.6 2.7 Bil Tonnes Source: USDA

  7. Slide 7: But another record crop still is needed in 2009

    But another record crop still is needed in 2009 World Grain and Oilseed Stocks L M H Mil Tonnes 10% 13% 16% 19% 22% 25% 28% 31% 34% Percent Stocks Percent of Use Source: USDA and Mosaic (for 09/10 estimates) 2009/10 Scenario Assumptions Low Medium High Increase in Harvested Area (Mil HA) 6.7 6.7 6.7

  8. Slide 8: $11.0-$7.5-$5.5 new crop prices bolster the outlook

    $11.0-$7.5-$5.5 new crop prices bolster the outlook New Crop Prices Daily Close of 2009 New Crop Options Jan 1 to Oct 1 Jan Feb Mar Apr May Jun Jul Aug Sep Oct $ BU Dec 09 Corn Nov 09 Soybeans Jul 09 Wheat Source: CBOT and KCBOT

  9. Slide 9: Record U.S. net cash farm income

    Record U.S. net cash farm income U.S. Net Cash Farm Income Bil $ Market Government Payments Source: USDA The U.S. Department of Agriculture estimates that U.S. net cash farm income will climb to a record $101.3 billion in 2008, despite the sharp increase in crop input costs. That is up 16% from $87.

  10. Slide 10: DAP/MAP producer stocks climb

    DAP/MAP producer stocks climb U.S. DAP and MAP Producer Total Stocks 1000 1200 1400 1600 1800 2000 JUL AUG SEP OCT NOV DEC JAN FEB MAR APR MAY JUN MIN MAX Range (2002/03-2006/07) 07/08 Actaul 3-Yr Avg Source: TFI and Mosaic U.S. DAP and MAP Producer Total Stocks 1000 1200 1400 1600 1800 2000 JUL AUG

  11. Slide 11: Sulphur prices turn south

    Sulphur prices turn south Sulphur Prices c&f India $ MT Source: Fertecon

  12. Slide 12: Processed phosphate import demand

    Processed phosphate import demand World Less China Processed Phosphate Import Demand by Region MMT Asia less China L Amer Europe Oceania Other Source: Fertecon, IFA and Mosaic

  13. Slide 13: Brazil is working down pipeline stocks

    Brazil is working down pipeline stocks . . . Brazilian Processed Phosphate Imports 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 Source: ANDA and Mosaic MMT TSP DAP MAP

  14. Slide 14: . . . as is the United States

    . . . as is the United States U.S. DAP and MAP Domestic Shipments 3.0 3.5 4.0 4.5 5.0 5.5 6.0 6.5 7.0 7.5 8.0 Fertilizer Year Ending June 30 Mil Tons DAP MAP

  15. Slide 15: Indian DAP/MAP imports at 5.3 mmt in 2008!

    Indian DAP/MAP imports at 5.3 mmt in 2008! Indian Processed Phosphate Imports 0.0 1.0 2.0 3.0 4.0 5.0 6.0 Source: Fertecon, IFA and Mosaic MMT DAP MAP

  16. Slide 16: China curtails DAP/MAP exports

    China curtails DAP/MAP exports China Monthly DAP and MAP Exports Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1000 MT 2007 2008 Source: China Customs

  17. Slide 17: Record low producer potash inventories

    Record low producer potash inventories NA Potash Stocks at Month End 1100 1300 1500 1700 1900 2100 2300 2500 JUL AUG SEP OCT NOV DEC JAN FEB MA APR MAY JUN 1000 ST K O MIN MAX Range (1998/99-2007/08) 2008/09 3 Year Average Source: IPNI and Mosaic NA Potash Stocks at Month End 1100 1300 1500 1700 190

  18. Slide 18: Record import demand again in 2008 and 2009

    Record import demand again in 2008 and 2009 World Potash Import Demand MMT K O Asia US Latin America Europe Other Source: IFA and Mosaic

  19. Slide 19: Decline in China offset by increases elsewhere

    Decline in China offset by increases elsewhere Changes in Potash Shipments: 1H 2008 vs. 1H 2007 -2,903 1,272 1,366 -4,000 -3,000 -2,000 -1,000 1,000 2,000 China India SE Asia Brazil Rest of World Total 1000 tonnes KCL Source: IFA

  20. Slide 20: Mosaic's 1st Quarter Fiscal Year 2009

    Mosaic’s 1 Quarter Fiscal Year 2009 st

  21. Slide 21: Slide 21

  22. Slide 22: Mosaic's 1st Quarter Fiscal Year 2009

    Mosaic’s 1 Quarter Fiscal Year 2009 st

  23. Slide 23: Key Points…Looking Ahead

    Key Points…Looking Ahead Earnings growth Potash fundamentals are strong Phosphate outlook is positive Focus and discipline

  24. Slide 24: Thank you

    Mosaic’s 1 Quarter Fiscal Year 2009 Thank you st

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