Decarbonizing Maritime Transport
Segment information
Segment overview Q4 2020
$ million
Nitrogen
US
Europe
Fertiglobe*
Elim.
Total
Nitrogen
Methanol US
Europe
Elim.**
Total
Methanol
Other
Elim.
Total
Total revenues
149.4
190.5
498.4
(30.1)
808.2
137.8
127.0
(19.3)
245.5
0.3
(18.3)
1,035.7
Gross profit
10.7
4.5
101.5
(1.5)
115.2
(15.9)
(7.3)
35.3
12.1
0.4
127.7
Operating profit
7.6
(1.9)
81.8
(1.5)
86.0
8.9
(4.4)
7.0
11.5
(41.1)
56.4
D&A
(37.9)
(22.5)
(67.3)
(127.7)
(48.0)
(7.6)
30.8
(24.8)
(1.0)
(153.5)
EBITDA
45.5
20.6
149.1
(1.5)
213.7
56.9
3.2
(23.8)
36.3
(40.1)
209.9
Adj. EBITDA
45.5
20.6
149.1
(1.5)
213.7
62.1
2.6
2.3
67.0
(14.8)
265.9
Segment overview Q4 2019
Nitrogen
Methanol
Total
$ million
Europe
Fertiglobe*
Elim.
Total Nitrogen
US
US***
Europe
Elim.
**
Total Methanol
Other
Elim.
Total revenues
134.0
194.2
357.8
(13.6)
672.4
87.7
93.7
(2.8)
178.6
(3.2)
847.8
Gross profit
30.4
30.3
59.3
2.2
122.2
(45.8)
(5.7)
3.9
(47.6)
14.7
89.3
Operating profit
26.3
21.2
27.8
2.2
77.5
(51.6)
(6.6)
5.9
(52.3)
(12.1)
13.1
D&A
(34.5)
(20.1)
(90.7)
(145.3)
(57.7)
(4.9)
21.9
(40.7)
(1.0)
(187.0)
EBITDA
60.8
41.3
118.5
2.2
222.8
6.1
(1.7)
(16.0)
(11.6)
(11.1)
200.1
Adj. EBITDA
60.8
41.3
128.9
2.2
233.2
10.7
(1.7)
(1.0)
8.0
(4.4)
236.8
*
Previously Nitrogen MENA segment. Fertil consolidated from Q4 2019
** Mainly related to elimination of Natgasoline, which is included in Methanol US segment
*** Until 2019 OCI Fuels Ltd. was included in segment Methanol US. Effective 1 January 2020, OCI Fuels Ltd. will be combined with OCI Fuels B.V. in the segment Methanol Europe.
The comparative numbers of Q1 2019 are restated to reflect that change.
OCI
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