Abbreviated Company Names and Sources*
Agrium Inc. (TSX and NYSE: AGU), Canada
Arab Potash Company (Amman: ARPT), Jordan
PA Belaruskali, Belarus
Bloomberg L.P., USA
Blue, Johnson Associates Inc., USA
Canpotex Limited, Canada
CF Industries Holdings, Inc. (NYSE: CF), USA
Canadian National Railway Co. (TSX: CNR and NYSE: CNI), Canada
Canadian Pacific Railway Ltd. (TSX and NYSE: CP), Canada
CRU International Limited, UK
CVR Partners, L.P., USA
Dominion Bond Rating Service, Canada
FactSet Research Systems Inc., USA
Food and Agriculture Organization of the United Nations
Fertecon Limited, UK
Israel Chemicals Ltd. (Tel Aviv: ICL), Israel
International Fertilizer Industry Association, France
Innophos Holdings, Inc. (NASDAQ: IPHS), USA
Intrepid Potash, Inc. (NYSE: IPI), USA
International Plant Nutrition Institute, USA
K+S Group (Xetra: SDF), Germany
Koch Industries, Inc., USA
LSB Industries, Inc. (NYSE: LXU), USA
Moody’s Corporation (NYSE: MCO), USA
The Mosaic Company (NYSE: MOS), USA
New York Mercantile Exchange, USA
New York Stock Exchange, USA
OCI N.V., (NYSE Euronext: OCI), The Netherlands
J.R. Simplot Company, USA
Sinofert Holdings Limited (HKSE: 0297.HK), China
Sociedad Química y Minera de Chile S.A. (Santiago Bolsa de Comercio Exchange, NYSE: SQM), Chile
Standard & Poor’s Financial Services LLC, USA
Toronto Stock Exchange, Canada
JSC Uralkali (LSE and RTS: URKA), Russia
United States Department of Agriculture
US Department of Commerce, USA
Yara International ASA (Oslo: YAR), Norway
- *Where PotashCorp is listed as a source in conjunction with external sources, we have supplemented the external data with internal analysis.
Terms and Measures
ammonia (anhydrous), 82.2% N
nitric acid, 22% N (liquid)
nitrogen solutions, 28-32% N (liquid)
merchant grade acid, 54% P2O5 (liquid)
diammonium phosphate, 46% P2O5 (solid)
monoammonium phosphate, 52% P2O5 (solid)
superphosphoric acid, 70% P2O5 (liquid)
monocalcium phosphate, 48.1% P2O5 (solid)
dicalcium phosphate, 42.4% P2O5 (solid)
defluorinated phosphate, 41.2% P2O5 (solid)
potassium chloride, 60-63.2% K2O (solid)
Measures the potassium content of products having different chemical analyses
Measures the nitrogen content of products having different chemical analyses
Measures the phosphorus content of products having different chemical analyses
Standard measure of the weights of all types of potash, nitrogen and phosphate products
United States dollar
CDN per USD at December 31, 2016 – 1.3427
Increase in operational capability at existing operation
Compound annual growth rate
An export company owned by all Saskatchewan producers of potash (PotashCorp, Mosaic and Agrium)
Consumption vs demand
Product applied vs product purchased
Free on Board – cost of goods on board at point of shipment
Former Soviet Union
Gross Domestic Product
New operation built on undeveloped site
South America, Central America, Caribbean and Mexico
Liquefied natural gas
Million British thermal units
Million metric tonnes
Estimated theoretical capacity based on design specifications or Canpotex entitlements – does not necessarily represent operational capability
The North American market includes Canada and the US
Offshore markets include all markets except Canada and the US
Estimated annual achievable production level
Potash Corporation of Saskatchewan Inc. (PCS) and its direct or indirect subsidiaries, individually or in any combination, as applicable
A port situated in Ukraine
The arrangement agreement between PotashCorp and Agrium Inc. (Agrium) dated September 11, 2016.
Represents cash disbursements, matching of employee gifts and in-kind contributions of equipment, goods, services and employee volunteerism (on corporate time).
Community survey score
Survey conducted annually by an independent third party in the communities where PotashCorp has significant operations; each community is generally surveyed every three years. Community leaders and representatives are asked to provide a ranking in three broad areas: perception of community involvement, business practices and economic issues. Each question is rated on a scale of 1 (low) to 5 (high) and results are determined by taking a simple average of the metrics described above.
Customer survey score
Online survey conducted by an independent third party measuring performance in product quality and customer service, which includes a selection of top customers from each sales segment. Results are determined by taking a simple average of individual product quality and customer service scores in fertilizer, feed, industrial nitrogen and purified phosphate.
Employee engagement score
Represents the proportion of employee responses of “Agree” or “Strongly Agree” to four best practice employee engagement statements.
Employee turnover rate
The number of permanent employees who left the company (due to deaths and voluntary and involuntary terminations, and excluding retirements and announced workforce reductions) as a percentage of average total employees during the year. Retirements and terminations of temporary employees are excluded.
Number of incidents includes reportable quantity releases, permit non-compliance and Canadian reportable releases. Calculated as: reportable quantity releases (a release whose quantity equals or exceeds the US Environmental Protection Agency’s notification level and is reportable to the National Response Center (NRC)) + permit non-compliance (an exceedance of a federal, state, provincial or local permit condition or regulatory limit) + Canadian reportable releases (an unconfined spill or release into the environment).
Greenhouse gas (GHG) emissions
Based on 2007 United Nations International Panel on Climate Change Fourth Assessment Report (UN IPCC Fourth AR).
The pending merger of equals transaction between PotashCorp and Agrium pursuant to which the company and Agrium have agreed to combine their businesses pursuant to a statutory plan of arrangement under the Canada Business Corporations Act.
Taxes and royalties
Includes tax and royalty amounts on an accrual basis calculated as: current income tax expense (which was already reduced by the realized excess tax benefit related to share-based compensation under previous Canadian GAAP) - investment tax credits - realized excess tax benefit related to share-based compensation (under IFRS) + potash production tax + resource surcharge + royalties + municipal taxes + other miscellaneous taxes.
Total lost-time injury rate
Total lost-time injuries for every 200,000 hours worked for all PotashCorp employees, contractors and others on site. Calculated as the total lost-time injuries multiplied by 200,000 hours worked divided by the actual number of hours worked.
Total recordable injury rate
Total recordable injuries for every 200,000 hours worked for all PotashCorp employees, contractors and others on site. Calculated as the total recordable injuries multiplied by 200,000 hours worked divided by the actual number of hours worked.
Total severity injury rate
Total of lost-time injuries (a lost-time injury occurs when the injured person is unable to return to work on his/her next scheduled workday after the injury) + modified work injuries (a work-related injury where a licensed health care professional or the employer recommends the employee not perform one or more of the routine functions of the job or not work the full workday that he/she would have otherwise worked) for every 200,000 hours worked for all PotashCorp employees, contractors and others on site.
Comprised of waste or byproducts from mining, including: coarse and fine tailings from potash mining, salt as brine to injection wells and gypsum (related to phosphate operations).