Potash Results
| Dollars (millions) | % Increase (Decrease) |
Tonnes (thousands) |
% Increase (Decrease) | Average Price per Tonne | % Increase (Decrease) | ||||||||||||||||
| 2007 | 2006 | 2005 | 2007 | 2006 | 2007 | 2006 | 2005 | 2007 | 2006 | 2007 | 2006 | 2005 | 2007 | 2006 | |||||||
| Sales | $ | 1,797.2 | $ | 1,227.5 | $ | 1,341.1 | 46 | (8) | |||||||||||||
| Freight | 178.1 | 130.5 | 129.7 | 36 | 1 | ||||||||||||||||
| Transportation and distribution | 39.1 | 38.8 | 34.5 | 1 | 12 | ||||||||||||||||
| Net sales | $ | 1,580.0 | $ | 1,058.2 | $ | 1,176.9 | 49 | (10) | |||||||||||||
| Manufactured product | |||||||||||||||||||||
Net sales |
|||||||||||||||||||||
North American |
$ | 656.9 | $ | 470.5 | $ | 495.6 | 40 | (5) | 3,471 | 2,785 | 3,144 | 25 | (11) | $ | 189.26 | $ | 168.95 | $ | 157.64 | 12 | 7 |
Offshore |
909.6 | 576.0 | 668.3 | 58 | (14) | 5,929 | 4,411 | 5,020 | 34 | (12) | $ | 153.41 | $ | 130.56 | $ | 133.13 | 18 | (2) | |||
| 1,566.5 | 1,046.5 | 1,163.9 | 50 | (10) | 9,400 | 7,196 | 8,164 | 31 | (12) | $ | 166.65 | $ | 145.42 | $ | 142.57 | 15 | 2 | ||||
Cost of goods sold |
658.8 | 489.3 | 459.6 | 35 | 6 | $ | 70.09 | $ | 67.99 | $ | 56.30 | 3 | 21 | ||||||||
Gross margin |
907.7 | 557.2 | 704.3 | 63 | (21) | $ | 96.56 | $ | 77.43 | $ | 86.27 | 25 | (10) | ||||||||
| Other miscellaneous and purchased product | |||||||||||||||||||||
Net sales |
13.5 | 11.7 | 13.0 | 15 | (10) | ||||||||||||||||
Cost of goods sold |
8.9 | 7.8 | 9.9 | 14 | (21) | ||||||||||||||||
Gross margin |
4.6 | 3.9 | 3.1 | 18 | 26 | ||||||||||||||||
| Gross Margin | $ | 912.3 | $ | 561.1 | $ | 707.4 | 63 | (21) | $ | 97.05 | $ | 77.97 | $ | 86.65 | 24 | (10) | |||||
Note 19 to the consolidated financial statements provides information pertaining to our business segments.