Stock Code: 000553(200553) Stock Abbreviation: ADAMA A(B) Announcement No.2021-45
The Company and all members of its board of directors hereby confirm that all
information disclosed herein is true, accurate and complete with no false or misleading
statement or material omission.
ADAMA LTD.
THIRD QUARTER REPORT 2021
ADAMA Ltd. (hereinafter referred to as “the Company”) 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.
Please see important additional information and further details included in the
Annex.
October 2021
Important Notice
The Company’s Board of Directors, Board of Supervisors, directors, supervisors and
senior managers confirm that the content of the Report is true, accurate and
complete and contains no false statements, misleading presentations or material
omissions, and assume joint and several legal liability arising therefrom.
Ignacio Dominguez, the person leading the Company (President and Chief Executive
Officer) as well as its legal representative and the person leading the accounting
function (acting Chief Financial Officer), hereby assert and confirms the truthfulness,
accuracy and completeness of the Financial Report.
All of the Company’s directors attended the board meeting for the review of this
Report.
This Report and its abstract have been prepared in both Chinese and English.
Should there be any discrepancy between the two versions, the Chinese version
shall prevail.
I. Main accounting and financial results
1. Whether the Company performs any retroactive adjustments to, or restatements of, its accounting data of last year due
to change in accounting policies or correction of accounting errors
□ Yes√ No
End of Reporting Period End of last year +/- (%)
Total assets (RMB’000) 49,513,607 46,801,034 5.80%
Net assets attributable to shareholders 21,154,363 21,353,752 -0.93%
(RMB’000)
January -
July - September 2021 YoY +/- (%) September YoY +/- (%)
2021
Operating revenues 7,424,584 9.69% 22,488,364 7.65%
(RMB’000)
Net profit attributable to
shareholders of the (370,952) -1917.59% (3,916) -101.74%
Company (RMB’000)
Net profit attributable to
shareholders of the
Company excluding
non-recurring profit and loss (384,112) -3989.35% (61,989) -126.99%
(RMB’000)
Net cash flow from
operating activities
(RMB’000) 690,694 338.62% 2,181,987 56.75%
Basic EPS (RMB/share) (0.1592) -1951.39% (0.0017) -101.83%
Diluted EPS (RMB/share) N/A N/A N/A N/A
Weighted average return on -1.73% -1.83% -0.02% -1.03%
net assets
Please see key additional information and further details included in the Annex
2. Non-Recurring profit/loss
√ Applicable □ Not applicable
Unit: RMB’000
Item July - September 2021 January - September Note
2021
Gains/losses on the disposal of non-current assets (6,813) 8,051
(including the offset part of asset impairment provisions)
Government grants recognized through profit or loss
(excluding government grants closely related to business of 11,138 31,768
the Company and given at a fixed quota or amount in
accordance with government’s uniform standards)
Recovery or reversal of provision for bad debts which is 14,604 27,077
assessed individually during the years
Other non-operating income and expenses other than the (1,852) 4,897
above
Less: Income tax effects 3,917