Press Release: ADAMA Reports Results of Third -4-
Press Release: ADAMA Reports Results of Third -4-
In US dollar terms, sales in the region grew by 31.6% in the third quarter and by 36.3% in the first nine months of the year, compared to the corresponding periods last year, reflecting the impact of the strengthening of regional currencies, most notably the Australian Dollar and Chinese Renminbi.
以美元计算，该地区第三季度的销售额同比增长31.6%，今年前九个月同比增长36.3%，反映了地区货币走强的影响，其中最明显的是澳元和人民币。
India, Middle East & Africa: Sales grew by 2.9% in the quarter and by 10.9% in the first nine months of the year, in CER terms, compared to the corresponding periods last year.
印度、中东和非洲：与去年同期相比，本季度销售额增长了2.9%，按CER计算，今年前9个月的销售额增长了10.9%。
The moderate growth in the region in the quarter was led by a noteworthy performance in South Africa, where the Company is benefiting from favorable cropping conditions and new product launches. However, growth in India is slowing as farmers missed some applications due to volatile weather conditions following a previously strong start to the monsoon season.
该地区本季度的温和增长是由南非的显著表现带动的，该公司在南非受益于有利的种植条件和新产品的推出。然而，印度的增长正在放缓，因为在雨季之前强劲的开局之后，由于动荡的天气状况，农民错过了一些申请。
In US dollar terms, sales in the region grew by 4.6% in the quarter and by 12.2% in the first nine months of the year, compared to the corresponding periods last year, reflecting the impact of the strengthening of regional currencies compared to the USD, most notably the Israeli Shekel.
以美元计算，与去年同期相比，该地区本季度的销售额增长了4.6%，今年前9个月增长了12.2%，反映了地区货币相对于美元走强的影响，其中最引人注目的是以色列谢克尔。
Table 3. Revenues by operating segment
表3.按运营部门划分的收入
Third quarter sales by segment
按细分市场划分的第三季度销售额
Q3 2021 Q3 2020
USD (m) % USD (m) %
Crop Protection 1,041 90.7% 881 90.0%
Intermediates and Ingredients 106 9.3% 98 10.0%
Total 1,147 100% 978 100%
2021年第三季度2020第三季度美元(M)%美元(M)%农作物保护1,041 90.7%881 90.0%中间体及配料106 9.3%98 10.0%总计1147 100%978 100%
Third quarter sales by product category
按产品类别划分的第三季度销售额
Q3 2021 Q3 2020
USD (m) % USD (m) %
Herbicides 441 38.4% 345 35.2%
Insecticides 360 31.4% 329 33.6%
Fungicides 241 21.0% 207 21.1%
Intermediates and Ingredients 106 9.3% 98 10.0%
Total 1,147 100% 978 100%
2021年第三季度2020第三季度美元(M)%美元(M)%除草剂441 38.4%345 35.2%杀虫剂360 31.4%329 33.6%杀菌剂241 21.0%207 21.1%中间体及配料106 9.3%98 10.0%总计1147 100%978 100%
Note: the sales split by product category is provided for convenience purposes only and is not representative of the way the Company is managed or in which it makes its operational decisions.
注：按产品类别划分的销售额仅为方便起见，并不代表公司的管理方式或运营决策方式。
Nine-month sales by segment
按细分市场划分的九个月销售额
9M 2021 9M 2020
USD (m) % USD (m) %
Crop Protection 3,152 90.7% 2,706 90.6%
Intermediates and Ingredients 324 9.3% 280 9.4%
Total 3,476 100% 2,987 100%
2021年900万2020年900万美元(M)%美元(M)%农作物保护3,152 90.7%2,706 90.6%中间体及配料324 9.3%280 9.4%总计3,476 100%2,987 100%
Nine-month sales by product category
按产品类别划分的九个月销售额
9M 2021 9M 2020
USD (m) % USD (m) %
Herbicides 1,390 40.0% 1,231 41.2%
Insecticides 1,066 30.7% 859 28.8%
Fungicides 696 20.0% 617 20.6%
Intermediates and Ingredients 324 9.3% 280 9.4%
Total 3,476 100% 2,987 100%
2021年900万2020年900万美元(M)%美元(M)%除草剂1,390 40.0%1,231 41.2%杀虫剂1,066 30.7%859 28.8%杀菌剂696 20.0%617 20.6%中间体及配料324 9.3%280 9.4%总计3,476 100%2,987 100%
Note: the sales split by product category is provided for convenience purposes only and is not representative of the way the Company is managed or in which it makes its operational decisions.
注：按产品类别划分的销售额仅为方便起见，并不代表公司的管理方式或运营决策方式。
Further Information
进一步资料
All filings of the Company, together with a presentation of the key financial highlights of the period, can be accessed through the Company website at www.adama.com.
该公司的所有文件以及这一时期的主要财务亮点介绍都可以通过公司网站www.adama.com查阅，网址是：http：//www.adama.com/www.adama.com/www.adama.com。
About ADAMA
关于ADAMA
ADAMA Ltd. is a global leader in crop protection, providing solutions to farmers across the world to combat weeds, insects and disease. ADAMA has one of the widest and most diverse portfolios of active ingredients in the world, state-of-the art R&D, manufacturing and formulation facilities, together with a culture that empowers our people in markets around the world to listen to farmers and ideate from the field. This uniquely positions ADAMA to offer a vast array of distinctive mixtures, formulations and high-quality differentiated products, delivering solutions that meet local farmer and customer needs in over 100 countries globally. For more information, visit us at www.ADAMA.com and follow us on Twitter(R) at @ADAMAAgri.
阿达玛有限公司是一家全球领先的农作物保护公司，为世界各地的农民提供防治杂草、虫害和疾病的解决方案。阿达玛拥有世界上最广泛和最多样化的活性成分组合之一，最先进的研发、制造和配方设施，以及使我们在世界各地的市场上的人们能够倾听农民的意见和从田间发想的文化。这一独特定位使ADAMA能够提供大量独特的混合物、配方和高质量差异化产品，提供满足全球100多个国家当地农民和客户需求的解决方案。欲了解更多信息，请访问我们的网站www.adama.com，并在Twitter(注册商标)上关注我们，电子邮件地址为@ADAMAAgri。
Contact
Wayne Rudolph Zhujun Wang
Global Investor Relations China Investor Relations
Email: ir@adama.com Email: irchina@adama.com
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联系人韦恩·鲁道夫·朱骏王健林全球投资者关系中国投资者关系电子邮件：ir@adama.com电子邮件：irChina@adama.com------------------------- ------------------------
Abridged Adjusted Consolidated Financial Statements
经删节的调整后合并财务报表
The following abridged consolidated financial statements and notes have been prepared as described in Note 1 in this appendix. While prepared based on the principles of Chinese Accounting Standards (ASBE), they do not contain all of the information which either ASBE or IFRS would require for a complete set of financial statements, and should be read in conjunction with the consolidated financial statements of both ADAMA Ltd. and Adama Agricultural Solutions Ltd. as filed with the Shenzhen and Tel Aviv Stock Exchanges, respectively.
以下简略综合财务报表及附注已按本附录附注1所述编制。虽然它们是根据中国会计准则(ASBE)的原则编制的，但它们并不包含ASBE或IFRS编制完整财务报表所需的全部信息，应与ADAMA有限公司和ADAMA农业解决方案有限公司分别提交给深圳证券交易所和特拉维夫证券交易所的合并财务报表一起阅读。
Relevant income statement items contained in this release are also presented on an "Adjusted" basis, which exclude items that are of a one-time or non-cash/non-operational nature that do not impact the ongoing performance of the business, and reflect the way the Company's management and the Board of Directors view the performance of the Company internally. The Company believes that excluding the effects of these items from its operating results allows management and investors to effectively compare the true underlying financial performance of its business from period to period and against its global peers.
本新闻稿中包含的相关损益表项目也是在“调整后”的基础上列报的，其中不包括一次性或非现金/非运营性质的项目，这些项目不影响业务的持续业绩，反映了公司管理层和董事会对公司内部业绩的看法。该公司认为，在经营业绩中剔除这些项目的影响，使管理层和投资者能够有效地比较不同时期其业务的真实基本财务表现，并与其全球同行进行比较。
Abridged Consolidated Income Statement for the Third Quarter
第三季简略综合收益表
Q3 2021
USD Q3 2020 Q3 2021 Q3 2020
Adjusted([1]) (m) USD (m) RMB (m) RMB (m)
Revenues 1,147 978 7,425 6,769
Cost of Sales 829 691 5,366 4,785
Other costs 5 6 32 40
Gross profit 313 281 2,027 1,943
% of revenue 27.3% 28.7% 27.3% 28.7%
Selling & Distribution expenses 181 155 1,174 1,071
General & Administrative expenses 54 30 352 208
Research & Development expenses 18 17 114 116
Other operating expenses 1 2 5 11
Total operating expenses 254 203 1,645 1,406
% of revenue 22.2% 20.8% 22.2% 20.8%
Operating income (EBIT) 59 78 382 537
% of revenue 5.1% 7.9% 5.1% 7.9%
Financial expenses and investment
income 53 47 344 325
Income before taxes 6 31 38 212
Taxes on Income 36 2 233 14
Net Income -30 29 -195 198
Attributable to:
Non-controlling interest 0 0 0 0
Shareholders of the Company -30 29 -195 198
% of revenue -2.6% 2.9% -2.6% 2.9%
Adjustments -27 -26 -175 -177
Reported Net income attributable to the
shareholders of the Company -57 3 -371 20
% of revenue -5.0% 0.3% -5.0% 0.3%
Adjusted EBITDA 122 137 788 950
% of revenue 10.6% 14.0% 10.6% 14.0%
Adjusted EPS[2] -- Basic -0.0130 0.0120 -0.0839 0.0832
--
Diluted -0.0130 0.0120 -0.0839 0.0832
Reported EPS(2) -- Basic -0.0246 0.0012 -0.1592 0.0086
-- Diluted -0.0246 0.0012 -0.1592 0.0086
Q3 2021 美元2020年第三季度2021第三季度调整后([1](M)美元(M)人民币(M)人民币(M)收入1,147 978 7,425 6,769销售成本829 691 5,366 4,785其他成本5 6 32 40毛利313 281 2,027 1,943收入占比27.3%28.7%27.3%28.7%销售及分销费用181 155 1 174 1 071一般及行政费54 30 352 208研发费用18 17 114 116其他运营费用1 2 5 11总运营费用254 203 1,645 1,406占收入的百分比22.2%20.8%22.2%20.8%营业收入(息税前利润)59 78 382 537占收入的百分比5.1%7.9%5.1%7.9%财务费用和投资收入53 47 344 325税前收入6 31 38 212所得税36 2233 14净收入-30 29-195 198归因于：非控股权益0 0 0公司股东-30 29-195 198占收入的百分比-2.6%2.9%-2.6%2.9%调整-27-26-175-177报告的净收入可归因于公司股东-573-37120收入占比-5.0%0.3%-5.0%0.3%调整后的EBITDA 122 137 788 950占收入的百分比10.6%14.0%10.6%14.0%调整后每股收益[2]--基本-0.0130 0.0120-0.0839 0.0832 -- 稀释-0.0130 0.0120-0.0839 0.0832报告每股收益(2)--基本-0.0246 0.0012-0.1592 0.0086--稀释-0.0246 0.0012-0.1592 0.0086
Abridged Consolidated Income Statement for the First Nine Months
首九个月简略综合收益表
9M 2021 9M 2020 9M 2021 9M 2020
Adjusted([3]) USD (m) USD (m) RMB (m) RMB (m)
Revenues 3,476 2,987 22,488 20,890
Cost of Sales 2,459 2,082 15,909 14,565
Other costs 17 16 110 111
Gross profit 1,000 888 6,469 6,213
% of revenue 28.8% 29.7% 28.8% 29.7%
Selling & Distribution expenses 545 465 3,528 3,253
General & Administrative expenses 125 89 811 624
Research & Development expenses 53 51 341 354
Other operating expenses -6 -4 -37 -28
Total operating expenses 718 601 4,643 4,203
% of revenue 20.6% 20.1% 20.6% 20.1%
Operating income (EBIT) 282 287 1,827 2,010
% of revenue 8.1% 9.6% 8.1% 9.6%
Financial expenses and investment
income 144 121 930 844
Income before taxes 139 166 897 1,166
Taxes on Income 52 42 338 298
Net Income 86 124 559 868
Attributable to:
Non-controlling interest 1 0 7 0
Shareholders of the Company 85 124 552 868
% of revenue 2.5% 4.1% 2.5% 4.2%
Adjustments -86 -92 -556 -643
Reported Net income attributable to
900万2021年900万2020年900万2021年1900万调整后([3]美元(M)美元(M)人民币(M)人民币(M)收入3,476 2,987 22,488 20,890销售成本2,459 2,082 15,909 14,565其他费用17 16 110 111毛利1,000 888 6,469 6,213收入占比28.8%29.7%28.8%29.7%销售和分销费用545 465 3,528 3,253一般及行政开支125 89 811 624研发费用53 51 341 354其他运营费用-6-4-37-28总运营费用718 601 4,643 4,203占收入的比例20.6%20.1%20.6%20.1%营业收入(息税前利润)282 287 1,827 2,010收入占比8.1%9.6%8.1%9.6%财务费用和投资收入144 121 930 844税前收入139 166 897 1 166所得税52 42 338 298净收入86 124 559 868归因于：非控股权益1 0 7 0公司股东85 124 552 868占收入的百分比2.5%4.1%2.5%4.2%调整-86-92-556-643报告的净收入可归因于