2025 Guidance Ranges 1 as of | ||||||
August 6, 2025 | May 7, 2025 | |||||
($ billions, except as otherwise noted) | Low | High | Low | |||
Retail adjusted EBITDA | 1.65 | 1.85 | 1.65 | |||
Potash sales volumes (million tonnes) 2 | 13.9 | 14.5 | 13.6 | |||
Nitrogen sales volumes (million tonnes) 2 | 10.7 | 11.2 | 10.7 | |||
Phosphate sales volumes (million tonnes) 2 | 2.35 | 2.55 | 2.35 | |||
Depreciation and amortization | 2.35 | 2.45 | 2.35 | |||
Finance costs | 0.65 | 0.75 | 0.65 | |||
Effective tax rate on adjusted net earnings (%) 3 | 24.0 | 26.0 | 22.0 | |||
Capital expenditures 4 | 2.0 | 2.1 | 2.0 |
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