Key financial figures

Financial figures of the K+S Group

Here you will find the most important financial figures of the K+S Group

K+S key facts (new structure)

The new structure of the K+S key facts includes an overview of the business figures for the past five years. Here you can download the figures in PDF format:
K+S key facts (new structure)

    Q1/2018 Q2/2018 H1/2018 Q3/2018 9M/2018 Q4/2018 FY/2018
Revenues by operating unit (million €)1
Europe+ operating unit   662.0 572.0 1,234.0 567.9 1,801.9 783.3 2,585.2
Americas operating unit   507.2 239.3 746.5 271.0 1,017.5 433.5 1,451.0
Reconciliation   0.6 0.6 1.2 1.2 2.4 0.5 2.9
K+S Group   1,169.8 811.9 1,981.7 840.1 2,821.8 1,217.3 4,039.1
Revenues by customer segments (million €)2
Agriculture   430.8 383.1 813.9 372.3 1,186.2 555.1 1,741.3
Industry   275.4 277.3 552.7 276.3 829.0 303.8 1,132.8
Consumer   110.1 102.7 212.8 108.5 321.3 132.4 453.7
Communities   352.9 48.2 401.1 81.8 482.9 225.5 708.4
Reconciliation   0.6 0.6 1.2 1.2 2.4 0.5 2.9
K+S Group   1,169.8 811.9 1,981.7 840.1 2,821.8 1,217.3 4,039.1
EBITDA by operating unit (million €)
Europe+ operating unit   155.6 99.8 255.4 22.2 277.6 165.7 443.3
  Margin (%)   23.5 17.4 20.7 3.9 15.4 21.2 17.1
Americas operating unit   95.9 22.1 118.0 28.9 146.9 74.9 221.8
  Margin (%)   18.9 9.2 15.8 10.7 14.4 17.3 15.3
Reconciliation   -14.7 -16.8 -31.5 -14.7 -46.2 -12.6 -58.8
K+S Group   236.8 105.1 341.9 36.4 378.3 228.0 606.3
EBITDA by customer segment (million €)
Agriculture   94.7 64.5 159.2 -7.7 151.5 123,0 274,5
  Margin (%)   22.0 16.8 19.6 -2.1 12.8 22.2 15.8
Industry   64.0 60.5 124.5 46.6 171.1 54.4 225.5
  Margin (%)   23.2 21.8 22.5 16.9 20.6 17.9 19.9
Consumer   10.1 7.5 17.6 10.6 28.2 15.1 43.3
  Marge (%)   9.2 7.3 8.3 9.8 8.8 11.4 9.5
Communities   82.7 -10.6 72.1 1.6 73.7 48.1 121.8
  Margin (%)   23.4 -22.0 18.0 1.9 15.3 21.3 17.2
Reconciliation   -14.7 -16.8 -31.5 -14.7 -46.2 -12.6 -58.8
K+S Group   236.8 105.1 341.9 36.4 378.3 228.0 606.3
Depreciation by operating unit (million €)
Europe+ operating unit   74.5 75.9 150.4 78.4 228.8 86.9 315.7
Americas operating unit   13.7 14.1 27.8 14.5 42.3 14.4 56.7
Reconciliation   1.6 1.7 3.3 1.6 4.9 1.8 6.7
K+S Group   89.8 91.7 181.5 94.5 276.0 103.1 379.1
CapEx by operating unit (million €)
Europe+ operating unit   51.8 76.1 127.9 97.5 225.4 126.1 351.5
Americas operating unit   10.0 14.0 24.0 24.0 48.0 35.1 83.1
Reconciliation   0.7 1.2 1.9 2.8 4.7 3.9 8.6
K+S Group   62.5 91.3 153.8 124.3 278.1 165.1 443.2

1Segments as defined by IFRS 8.
2No segments as defined by IFRS 8.
3Including brine and excluding supplementary paragraphs.

K+S key facts (old structure)

The K+S key facts contain an overview of the financial figures for the past five years according to the old structure.



    2018 2017 2016 2015 2014
Profit and Loss
Revenues m€ 4,039.1 3,627.0 3,456.6 4,175.5 3,821.7
  - thereof potash and magnesium products business unit m€ 1,973.0 1,703.5  1,531.6 2,091.3 1,884.0
  - thereof salt products business unit m€ 1,890.8 1,762.0  1,762.2 1,925.2 1,778.5
Earnings before interest, taxes, depreciation, and amortization (EBITDA)1 m€ 606.3 576.7  519.1 1,057.5 895.5
  - thereof potash and magnesium products business segments m€ 359.3 268.8  184.8 689.2 618.5
  - thereof salt products business unit m€ 274.5 325.2  322.3 381.0 276.0
EBITDA margin % 15.0 15.9  15.0 25.3 23.4
  - thereof potash and magnesium products business unit % 18.2 15.8 12.1 33.0 32.8
  - thereof salt products business unit % 14.5 18.5 18.3 19.8 15.5
Depreciation 2 m€ 379.1 305.9  289.8 275,9 254.3
Operating earnings (EBIT I) m€ 227.2 270.8  229.3 781.6 641.3
  - thereof potash and magnesium products business unit m€ 69.6 81.4  33.6 546.1 488.8
  - thereof salt products business unit m€ 196.8 223.0  203.7 266.3 172.9
EBIT I  margin % 5.6 7.5  6.6 18.7 16.8
Group earnings from continued operations, adjusted 3 m€ 85.4 145.0  130.5 542.3 366.6
Earnings per share from continued operations, adjusted 3 0.45 0.76  0.68 2.83 1.92
Cash flow
Operating cash flow m€ 308.7 306.8  445.4 669.4 719.1
Capital expenditure 2 m€ 443.2 810.8  1,170.8 1,278.8 1,153.2
Adjusted free cash flow m€ -206.3 -389.8  -776.8 -635.9 -306.3
Balance sheet
Balance sheet total m€ 9,966.2 9,754.4  9,645.5 8,273.6 7,855.2
Equity m€ 4,144.1 4,160.7  4,552.2 4,295.6 3,974.5
Equity ratio % 41.6 42.7  47.2 51.9 50.6
Net debt as of Dec. 31 m€ 4,443.6 4,140.5  3,583.8 2,399.8 1.626,2
Net debt/EBITDA x-fold 7.3 7.2  6.9 2.3 1.8
Working capital m€ 1,126.7 968.1  894.6 945.9 768.1
Return on Capital Employed (ROCE) % 2.6 3.2  3.0 12.5 12.7
Employees
Employees as of Dec. 31 4 number 14,931 14,793  14,530 14,383 14,295
Average number of employees 4 number 14,904 14.654  14,446 14,276 14,295
Share
Book value per share 21.65 21.74  23.78 22.44 20.77
Dividend per share 5 0.25 0.35  0.30 1.15 0.90
Dividend yield 5 % 1.6 1.7  1.3 4.9 3.9
Closing price as of Dec. 31 XETRA,€ 15.72 20.76  22.69 23.62 22.92
Market capitalization b € 3.0 4.0  4.3 4.5 4.4
Enterprise value as of Dec. 31 b € 7.4 8.1  7.9 6.9 6.1
Average number of shares 6 million 191.40 191.40  191.40 191.40 191.40

1EBITDA is defined as earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted for depreciation and amortization recognized directly in equity on own work capitalized, the result of market value fluctuations of operating forecast hedges still outstanding, market value fluctuations of realized operating forecast hedges recognized in prior periods and, in the prior year, the result of hedging investments in Canadian dollars.
2Refers to cash-effective investments and depreciation for property, plant and equipment and intangible assets, taking into account reimbursement claims from subsequent claim management.
3The adjusted key figures include the result from operating forecast hedges for the respective reporting period, which eliminates the effects of fluctuations in the fair value of hedges and the effects of hedging investments in Canadian dollars. The effects on deferred and cash taxes are also eliminated; tax rate 2018: 30.0% (2017: 29.9%).
4FTE: Full-time equivalents; part-time positions are weighted according to their respective share of working hours. The term "employee" applies equally to women and men and should therefore be regarded as gender-neutral. 
5In 2018, the figure corresponds to the proposed dividend; dividend yield based on year-end closing price.
6Total number of shares less the average number of own shares held by K+S.

1The information relates to the continuing operations of the K+S Group. 
2The adjusted key figures only include the earnings from operating forecast hedges contained in EBIT I for the respective reporting period, which eliminate effects from market fluctuations in hedging transactions as well as effects from hedging investments in Canadian dollars. The effects on deferred and cash taxes attributable to this are also eliminated; tax rate 2018: 30.0% (2017: 29.9%). 
3The figures relate to the continuing and discontinued operations of the K+S Group.

 

Rating

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Earnings performance

Multi-period overview of the earnings performance¹

Key figures in million € 2018 2017 2016 2015 2014
EBIT I margin 5.6 7.5 6.6 18.7 16.8
EBITDA  margin 15.0 15.9 15.0 25.3 23.4
Return on sales 2
2.1 4.0 3.8 13.0 9.6
Equity return after taxes 2,3 2.1 3.3 2.9 13.1 9.9
Total return on investment 2,3 2.4 3.1 2.7 10.4 9.0
Return on Capital Employed (ROCE) 2.6 3.2 3.0 12.5 12.7
Financial position

Multi-period overview of the financial situation

Key figures in million €  2018 2017 2016 2015 2014
Working capital 1,126.7 968.1 894.6 945.9 768.1
Cash flow from continued operations 308.7 306.8 445.4 669.4 719.1
Free cash flow -204.0 -356.7 -756.0 -106.4 134.2
Cash flow from financing activities 187.3 411.5 769.1 -151.5 -787.8
Equity ratio (%) 41.6 42.7 47.2 51.9 50.6
Share of long-term provisions in balance sheet total (%) 12.1 12.0 12.3 12.5 15.2
Debt-equity ratio I (%) 79.2 72.6 55.7 35.9 39.0
Debt-equity ratio II (%) 107.2 99.5 78.7 55.9 40.9
Financial position

Multi-period overview of the financial situation

Key figures in millions €  2018 2017 2016 2015 2014
Property, plant and quipment, intagible assets 7,670.2 7,655.4 7,540.4 6,123.1 5,128.3
Financial assets, long-term securites and other financial investments 96.1 28.0 34.4 14.1 47.0
Inventories 691.5 690.9 710.4 705.3 578.8
Receivables from deliveries and services 836.7 714.9 656.5 708.6 732.9
Cash, and cash equivalents, short-term securites and other financial investments 178.8 194.0 154.5 163.1 910.0
Contact

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K+S Aktiengesellschaft Investor Relations Manager
Janina Rochell
Investor Relations Manager
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