Standardpräsentation Investor Relations - K+S Aktiengesellschaft

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Potash and Magnesium Products Prices for Agricultural Products – Spot vs. Future Prices for Agricultural Products – spot Prices for Agricultural Products – future 2005 2006 2007 2008 2009 2010 2011 2012 July ’13 Sep. ‘14 March ’14 2013 Corn Wheat Soybeans Palmoil • High price level for agricultural products in 2012, despite slight decreases towards the end of the year Source: Bloomberg; as of 11 June 2013 • Future prices of agricultural products show that capital markets expect price levels to be attractive for the next two years June 2013 <strong>K+S</strong> Group 15
Potash and Magnesium Products Profitability of Winter Wheat in Europe 2009 2010 2011 2012 2013e 2.000 Costs Sales 1,213 964 Costs Sales 1,067 1,595 Costs Sales 1,116 1,405 Costs Sales 1,205 1,909 Costs Sales 1,196 1,632 1.500 1.000 500 0 Risk of loss: -249 € Profit potential: 528 € Profit potential: 289 € Profit potential: 704 € 326 248 242 175 225 82 82 69 75 75 101 101 101 121 121 189 157 157 162 162 513 541 541 567 567 Profit potential: 436 € Wheat price: 123 €/t Wheat price: 220 €/t Wheat price: 199 €/t Wheat price: 258 €/t Wheat price: 220 €/t 2009 2010 2011 2012 2013e Yield: 7.84 t/ha Yield: 7.25 t/ha Yield: 7.06 t/ha Yield: 7.40 t/ha Yield: 7.42 t/ha Year 2009 2010 2011 2012 2013e Fertilizer share of total costs 27% fertilizer costs (4% K) 16% fertilizer costs (3% K) 20% fertilizer costs (2% K) 21% fertilizer costs (3% K) 20% fertilizer costs (3% K) Fertilization Other costs (e.g. insurance, water) Seeds/plants Plant protection agents Variable costs Fixed costs (inkl. lease) June 2013 The current future curve of the wheat price should enable the farmer to realize a profit potential of around € 700 per hectare (excl. subsidies) in 2012 and around € 440 in 2013e. This is a high level compared to the last years; the application of fertilizers is profitable. Assumptions: without agricultural subsidies, incl. interest expenses for pre-financing costs, 100% use of mineral fertilizers (no organic fertilizing), straw stays in the field (straw fertilizing); fertilizer use for 8 t/ha yield: 80 kg/ha MOP, 536 kg/ha KAS and 139 kg/ha TSP; for lower yields, lower fertilizer requirement adjusted accordingly; Sources: costs (20 ha) according to Kuratorium für Technik und Bauwesen in der Landwirtschaft e. V. (KTBL) for winter wheat – bread quality, rotating crop growing system; yield according to statistical year book for food nutrition, agriculture and forestry 2011 and 2012, 2013e: 10-year average; nutrient extractions according to Guidelines for Fertilizer Use in Germany; fertilizer prices taken from LAND & Forst at the point of the upcoming fertilization (general fertilization with potash and phosphate in September; nitrogen fertilization in September, February, April and June); wheat price (bread quality B) according to LAND & Forst (average delivery from the yard from July to February), 2012e and 2013e: Euronext price less transportation cost assumption. <strong>K+S</strong> Group 16
Page 1 and 2: K+S Aktiengesellschaft · Compendiu
Page 3 and 4: K+S Group Content A. Corporate Stru
Page 5 and 6: K+S Group Why invest in K+S? K+S…
Page 7 and 8: K+S Group History 1889 Formation of
Page 9 and 10: K+S Group K+S is the Leading Player
Page 11 and 12: K+S Group Corporate Strategy Differ
Page 13 and 14: Potash and Magnesium Products Why F
Page 15: 1982/83 1987/88 1992/93 1997/98 200
Page 19 and 20: Potash and Magnesium Products Meat
Page 21 and 22: Potash and Magnesium Products Potas
Page 23 and 24: 1.000 t K 2 O 1.000 t K 2 O 1.000 t
Page 25 and 26: Potash and Magnesium Products World
Page 33 and 34: Potash and Magnesium Products MOP P
Page 35 and 36: Potash and Magnesium Products Suppl
Page 37 and 38: Potash and Magnesium Products Marke
Page 39 and 40: Potash and Magnesium Products Loade
Page 41 and 42: Potash and Magnesium Products Extra
Page 43 and 44: Potash and Magnesium Products Busin
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Page 47 and 48: Potash and Magnesium Products K+S f
Page 49 and 50: Potash and Magnesium Products Non-f
Page 51 and 52: Potash and Magnesium Products Devel
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Page 55 and 56: Legacy Project Expansion of Global
Page 57 and 58: Legacy Project Ramp-up Curve Produc
Page 59 and 60: Legacy Project Specific Cash Costs*
Page 61 and 62: Legacy Project Project Progress •
Page 63 and 64: Legacy Project Primary and Secondar
Page 65 and 66: Salt Key Drivers of the Salt Busine
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Salt Salt is a fundamental componen
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Salt Executing Our Salt Strategy 5
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Salt Presence in the most attractiv
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Salt Revenues, Earnings and Sales V
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Salt Seasonality of the De-icing Sa
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Salt Mining Chamber in Germany June
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Salt K+S Production Sites in Europe
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purchaser vendor Salt Details of De
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Salt Comparison of portfolios with
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K+S Group Complementary Activities
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K+S Group Development of Revenues a
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K+S Group Operating EBIT Margins 20
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K+S Group Capital Expenditure and D
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K+S Group Value Creation, Cash Gene
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K+S Group Key Figures for the Manag
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K+S Group Our Aim is to maintain ou
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Attractive Prospects Potash and Mag
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Attractive Prospects Revenue and ea
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K+S Group Content A. Corporate Stru
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K+S Group Key Data of the K+S Share
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K+S Group K+S Share Price compared
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K+S Group K+S Share Price - Monthly
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K+S Group Dividend Policy and Outlo
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K+S Group Financial Calendar 13 Aug
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K+S Group Forward-looking Statement
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K+S Aktiengesellschaft · Bertha-vo
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Standardpräsentation Investor Relations - K+S Aktiengesellschaft

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