Financial

  • You have reached the company's contribution to gross national product over the last ten years more than four billion and 747 million pounds. The net value of more than one billion and 897 million pounds.
  • Noting that the value added and net value added calculated for nitrate and urea fertilizer on the basis of the social price of fertilizers and these numbers doubled in the case of valuation prices.

 

It is known that GDP is affected by two primary factors:

  • The quantity of production (or the quantity of sales to impose the stability of stock).
  • Products selling prices.


(In addition to other factors  such as non-operating and services sold and the profits of the sale of waste) was reaching:
 

  • Production of nitrates 2,000,066 tons.
  • Urea production 5,000,046 tons.

With regard to the sale price of products .It is clear that the development in sales prices is the largest share in bringing about progressive development in the value of GDP, despite the decline in the production of nitrates in the 2002/2003 and subsequent years in the following.

VAT:

  • If we review the net value added achieved by the company over the last ten years, we find that value achieved in the fiscal year 2008/2009 amounted to 202 million m pounds.

 

The net value-added item includes the following:

  • GNP.
  • Taxes and fees
  • The cost of intermediate goods and services involved in the production.
  • Depreciation and amortization.

 

We note that the rate of growth in net value-added does not fit with the development of the value of GDP (285%) for the corresponding outcome (215%) of the value added during the last ten years.

Mainly due to the sequential rise in the cost of intermediate goods and services involved in the production notes, where the sharp rise of costs as of fiscal year 2006 / 2007 sequential view of the high prices of natural gas, electricity.

As can be seen that the cost of goods and services amounted to 556 million pounds in 2008 / 2009 with a growth rate (352%) for the year 99-2000 m.

While the rate of growth in gross capacity (285%) over the past ten years, so the rate of evolution in the net value added which reached (215%) had pursued development in the GDP because of the steady rise in the cost of intermediate goods and services involved in the production process.

 

It is clear to us:

  • Been the rapid rise in natural gas prices approaching evolution of development in the cost of goods and services.
  • Thus, the high price of one cubic meter of natural gas is the greatest influence in the higher cost of goods and services.
  • It should be noted that the company is consumed during the fiscal year 2008/2009 m alone 680 million cubic meters a total value of 417 million pounds, 75% of the cost of intermediate goods and services.

Financial