THE MOSAIC COMPANY (NASDAQ:INFO) Files An 8-K Results of Operations and Financial Condition

THE MOSAIC COMPANY (NASDAQ:INFO) Files An 8-K Results of Operations and Financial Condition

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Item 2.02. Results of Operations and Financial Condition.

The following information in this Current Report on Form 8-K/A is
being furnished in accordance with General Instruction B.2. of
Form 8-K and shall not be deemed filed for purposes of Section 18
of the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that section,
nor shall it be deemed to be incorporated by reference in any
filing under the Securities Act of 1933, as amended (the
Securities Act), or the Exchange Act, except as expressly set
forth by specific reference in such filing.
The sole purpose of this Current Report on Form 8-K/A is to correct
the errors described below in the original performance data
furnished as Exhibit 99.2 to the Current Report on Form 8-K
furnished by The Mosaic Company with the Securities and Exchange
Commission on the morning of May 2, 2017.
The following corrections have been made to the performance data
for Q1 2017:
In the consolidated data, cash flow from investments is
$(245) million, rather than $(249) million;
In the consolidated data, net cash flow is $6 million, rather
than $2 million;
For the Potash segment:
Freight included in revenue cost of goods sold is $56
million, rather than $66 million;
Net sales less freight is $358 million, rather than $348
million; and
Cost of Goods Sold less freight is $289 million, rather than
$279 million;
For the Phosphates segment:
Freight included in revenue cost of goods sold is $79
million, rather than $132 million;
Net sales less freight is $760 million, rather than $708
million; and
Cost of Goods Sold less freight is $704 million, rather than
$651 million.
The following corrections have been made in the consolidated data
for Q1 2016:
Cash flow from operations for Q1 2016 is $266 million, rather
than $265 million; and
Cash flow from financing for Q1 2016 is $(280) million,
rather than $279 million.
Furnished herewith as Exhibit 99.2 and incorporated by reference
herein is the corrected performance data for the period ended
March 31, 2017, to be published on Mosaic’s website. Other than
the correction of the errors discussed in this Current Report on
Form 8-K/A, no other changes have been made to the original Form
8-K or the exhibits furnished therewith.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Reference is made to the Exhibit Index hereto with respect to the
exhibit furnished herewith. The exhibit listed in the Exhibit Index
hereto is being furnished in accordance with General Instruction
B.2. of Form 8-K and shall not be deemed filed for purposes of
Section 18 of the Exchange Act, or otherwise subject to the
liabilities of that section, nor shall it be deemed to be
incorporated by reference in any filing under the Securities Act or
the Exchange Act, except as expressly set forth by specific
reference in such filing.


About THE MOSAIC COMPANY (NASDAQ:INFO)

IHS Markit Ltd., formerly Markit Ltd., is a provider of critical information and analytics for the major industries, financial markets and governments. The Company operates through four segments: Resources, Transportation, Consolidated Markets & Solutions (CMS) and Financial Services. The Resources segment includes its energy and chemicals product offerings. Its energy offerings are focused on upstream, midstream, downstream and power/gas/coal/renewables (PGCR) services. The Transportation segment includes its aerospace, defense and security (AD&S); automotive, and maritime and trade (M&T) product offerings. The CMS segment includes its product design; technology, media and telecommunication, and economics and country risk (ECR) product offerings. The Company’s Financial Services segment provides pricing and reference data, indices, valuation and trading services, trade processing, enterprise software and managed services.

THE MOSAIC COMPANY (NASDAQ:INFO) Recent Trading Information

THE MOSAIC COMPANY (NASDAQ:INFO) closed its last trading session up +0.05 at 43.71 with 1,669,958 shares trading hands.

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