Yara International ASA · OSL:YAR
Yara International ASA — Shareholder Meeting (May 2013)
11 slides from Yara International ASA's shareholder meeting presentation, May 13, 2013
Slide 1: Yara International ASA Annual General Meeting
0 Yara International ASA Annual General Meeting 13 May 2013 IR-Date: 2013-04-22
Slide 2: Safe operations is our first priority
1 Safe operations is our first priority 20.0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 TRI LTI IR – Date: 2013-05-13
Slide 3: Safe by Choice – our journey towards an incident-free work environment
2 Safe by Choice – our journey towards an incident-free work environment IR – Date: 2013-05-13
Slide 4: Strong full-year underlying results
3 Strong full-year underlying results NOK per share Urea price, USD/t 40 600 36.28 34.94 35.52 35 500 30 400 25 20.69 20 300 15.91 15 11.54 200 9.80 10 8.82 100 5 0 0 2005 2006 2007 2008 2009 2010 2011 2012 IR – Date: 2013-05-13
Slide 5: Continued strong fertilizer demand drivers…
4 Continued strong fertilizer demand drivers… FAO price index Index 300 250 200 150 100 50 0 1/2004 1/2005 1/2006 1/2007 1/2008 1/2009 1/2010 1/2011 1/2012 1/2013 Cereals Price Index Cereals 5 year avg. Food Price Index Food 5 year avg. Source: FAO IR – Date: 2013-05-13
Slide 6: …met by strong supply response from China
5 …met by strong supply response from China Chinese urea exports, Kilotons Urea price, USD/t 1,800 550 1,600 500 1,400 450 400 1,200 350 1,000 300 800 250 600 200 400 150 200 100 0 50 -200 0 Jul Oct Jan Apr Jul Oct Jan Apr Jul Oct Jan 10 10 11 11 11 11 12 12 12 12 13 Urea, fob Yuzhny Chinese urea ex
Slide 7: Strong NPK development
6 Strong NPK development Yara-produced compound NPK volumes Realized prices on Yara-produced NPK compounds Kilotons Index* +4% 2,500 130 +2% 120 2,000 +16% 110 -3% 1,500 100 90 1,000 80 500 70 0 60 Europe Overseas Europe Overseas Jan-Dec 2011 Jan-Dec 2012 * 100 = European price in 2011 IR – Date: 20
Slide 8: Strong cash generation and solid balance sheet
7 Strong cash generation and solid balance sheet NOK billion 5.5 1.0 0.6 0.4 11.0 3.3 4.0 1.0 1.5 1.9 NIBD Cash Dividends NOC Yara Pilbara Other Share FX gain/loss Other NIBD Dec 2011 earnings from transaction investments buy back/ Dec 2012 investees (net) Dividends IR – Date: 2013-05-13
Slide 9: Proposed dividend of NOK 13 per share
8 Proposed dividend of NOK 13 per share NOK per share 13.00 7.00 5.50 4.50 4.50 4.00 2.25 2.35 2.50 2004 2005 2006 2007 2008 2009 2010 2011 2012 IR – Date: 2013-05-13
Slide 10: Growth options: de-bottlenecking and regional M&A most attractive
9 Growth options: de-bottlenecking and regional M&A most attractive Reconfiguration/expansion at existing sites, potential for 1 increased NPKs, nitrates and CN Pursue medium-size/regional M&A, likely highest probability 2 of success in current environment Secure longer term partnerships with access
Slide 11: Securing competitiveness through differentiation
10 Securing competitiveness through differentiation IR – Date: 2013-05-13