Investor Relations

Quarterly Report 3Q 2016

Third quarter 2016 financial highlights
Millions, except where indicated otherwise 3Q 2016 3Q 2015
Revenue and other income NOK 23,924 30,479
Operating Income NOK 1,336 5,874
Share net income equity-accounted investees NOK (72) 165
EBITDA NOK 3,004 7,884
EBITDA excl. special items NOK 2,968 4,614
Net income after non-controlling interest NOK 821 4,004
Earnings per share 1) NOK 3.00 14.56
Earnings per share excl. currency and special items NOK 3.38 7.41
Average number of shares outstanding (millions) NOK 273.2 275.1
CROGI (12-month rolling average) 10.7% 15.5%
ROCE (12-month rolling average) 8.1% 16.0%
Production (Kt) 2)      
Ammonia kt 1,682 1,606
 of which equity accounted investees kt 248 284
Urea kt 1,171 1,081
 of which equity accounted investees kt 391 414
Nitrate kt 1,466 1,453
 of which equity accounted investees kt 0 0
NPK compounds 3) kt 1,120 1,182
 of which equity accounted investees kt 0 0
CN kt 357 389
UAN kt 202 221
SSP - based fertilizer 4) kt 433 357
Total production kt 6,432 6,289
       
Sales volumes (Kt)
Ammonia kt 593 664
 of which industrial products 5) kt 155 158
Urea kt 1,429 1,438
 of which fertilizer kt 913 998
 of which Yara-produced fertilizer kt 360 343
 of which Yara-produced Industrial products 6) kt 394 321
 of which equity-accounted investees kt 397 516
Nitrate kt 1,630 1,571
 of which fertilizer kt 1,448 1,413
 of which Yara-produced fertilizer kt  1,369 1,300
 of which Yara-produced Industrial products kt  150 105
NPK kt 3,169 2,708
 of which Yara-produced compounds kt 1,386 1,044
 of which Yara-produced blends kt 1,750 1,603
CN kt 382 333
 of which fertilizer kt 279 233
 of which Yara-produced fertilizer  kt 274 230
 of which Yara-produced Industrial products kt 102 92
UAN kt 229 236
 of which Yara-produced fertilizer  kt 204 201
SSP  kt 371 453
 of which Yara-produced fertilizer  kt 337 188
DAP/MAP kt 182 163
MOP/SOP  kt 416 438
Other products kt 738 900
 of which industrial products kt 229 290
Total sales kt 9,369 9,194
       
Realized European nitrate price 7) USD/t  

256

       
Energy cost 2)    
Oil & gas cost (weighted average) USD per MMBtu 4.0 5.3
Oil & gas cost Europe (weighted average) USD per MMBtu 4.9 7.0
1) Yara currently has no share-based compensation program that results in a dilutive effect on earnings per share
2) Including Yara share of production in equity-accounted investees. Tringen is from 2014 classified as "Joint operations" in line with IFRS 11, and is not any longer included as equity-accounted
3) Excluding NPK blends
4) Primarily an intermediate product used to make NPK blends
5) 82% ammonia equivalents
6) 46% urea equivalents      
7) Including feed phosphates and CO2 sales volumes as from 2014 reporting. 2013 has been restated accordingly
8) Per ton of CAN equivalents, excl Sulphur      
We use cookies on this website. If you continue to use the site without changing your settings, you agree that we may store and access these cookies on your device. To understand more about our use of cookies and to change cookie settings at any time please see
Cookie Preferences
I accept cookies