Yara International : Country-by-country Report 2020

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiariesMain business activities

1

Country-by-country report 2020

Yara is committed to transparency and accountability, with adherence to international agreements and national legislation where it operates.

Scope

Projects with an ownership of more than 50% are included in the report. All numbers shown are on 100% basis.

Yara welcomes initiatives to strengthen governance in resource-rich countries by improving transparency and accountability as to how natural resources wealth is generated and used.

Government

The country-by-country report for 2020 has been prepared in accordance with the Norwegian Accounting Act §3-3d and the Norwegian Security Trading Act §5-5a and the report is approved by the Board of Directors and included in their statement from the Board and the CEO of Yara International ASA on page 241 in the Yara integrated report.

Government is for the purpose of this report defined as any national, regional or local authority of a country and includes any department, agency or entity controlled by such an authority.

Reporting principles

Payments to governments is based on cash basis and all other financial data is based on IFRS as used for Group accounting purposes.

Basis of Preparation

Materiality

Payments done in other currencies than USD are reported with an average exchange rates of the year.

Payments constituting a single payment, or series of related payments that equal or exceed 100,000 USD during the year are reported. If payments are below the threshold in a given country, they will not be included in the overview of projects and payments.

The report may differ from statutory accounts due to local GAAP differences.

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiariesMain business activities

Provided below is the country-by-country reporting for 2020 for Yara's extractive industries, applicable for Yara's mining activities in Brazil and Finland 1)

USD thousands, except percentages and production volumes

Subsidiaries

Yara Brasil Fertilizantes S.A. 2)

Yara Suomi Oy

Ownership	100%	100%
Products	Phosphate	Phosphate	Phosphate
General information
Project	Serra do Salitre	Lagamar	Total legal entity	Silinjärvi	Total legal entity
Hosting Country	Brazil	Brazil	Finland
Industry	Mining	Mining	Mining
Stage	Extracting	Closed	Extracting
Investments	146,371	110,305
Revenues, total including internal sales	2,927,010	889,860
Production volumes (1,000 tons of phosphate concentrate)	268	-	-	995
Operating Costs and Expenses	2,704,801	735,708
Payment to each government	Authority
Country	Brazil	Brazil	Finland
Taxes imposed on the entity's income, production or profit	Regional Authority	3,453	80	-
Taxes imposed on the entity's income, production or profit	National Authority	23	68	1,915
Royalties	Municipal Authority	1,777	26	-
Royalties	Regional Authority	629	9	-
Royalties	National Authority	328	5	-
License-, rental-, entry- and other fees	Municipal Authority	924	346	-
License-, rental-, entry- and other fees	National Authority	449	145	12

• 1) Payments to government are not reported for Yara Dallol BV in Ethiopia in 2020 because the payments do not meet the threshhold of 100,000 USD for the year.

• 2) Due to the legal merge, activites in GICS Indústria, Comércio e Serviços S.A. have been transferred to Yara Brasil Fertilizantes S.A. in 2020.

Information about subsidiaries

Yara Country-by-country report 2020

Yara's extractive industriesMain business activities

Information about subsidiaries

Yara Argentina S.A. Chemical Holdings Pty Ltd. Yara Australia Pty Ltd. Yara Nipro Pty Ltd.

Argentina

170

-

120

5

(5) - (20)Australia - - - - - - 217

Yara Pilbara Fertilisers Pty Ltd

Australia Australia Australia

Yara Environmental Technologies GmbH Yara Barbados Inc.

Battaille S.A.

Austria Barbados Belgium

49 - 235 50 - -

(9) - (2) (1)

41

(3) - - (43)

19

- - - 16

138

(104) - - 596

- -

16 -

(12) - - (60)

1

-

-

-

10

(1) - - (1)

Société de Gestion d'Actifs S.A. Yara Belgium S.A./N.V.

Belgium - - - - - - (3)

Yara Tertre S.A.

Belgium Belgium

245 - - 2 - - 93

296

-

333

30

(2) - 124

Yara Bolivia Fertilizantes S.R.L

Bolivia

1 - - - - - 1

Amoniasul Serviços de Refrigeração Industrial Ltda. Brazil - - - - - - (1)GICS Indústria, Comércio e Serviços S.A. Indústria de Fertilizantes de Cubatão S.A. Yara Brasil Fertilizantes S.A.

Yara Bulgaria EOOD

Yara Cameroun S.A. Yara Belle Plaine Inc. Yara Canada Holding Inc. Yara Canada Inc.

Brazil Brazil Brazil Bulgaria Cameroon

- -(33)

5,813

- (51)

137 - 2,927

(29)

-

-

-- - - (6)

(32)

(2) - (547)

32

-

1 - - - (2)

30

-

Canada Canada Canada

213 -

(17) (18)

24

-15 419 - 149

- 170 233 13

- (45)

(1) (8)

(86) 319

- (5)

- (1)

(4) 66

Yara Chile Fertilizantes Ltda.

Chile

7

-

8 - - - (2)Yara China Ltd. China - - - - - - (13)

Yara Environmental Protection (Qingdao) Co. Ltd. China 3 - 1 - - - (5)

Yara Marine Technologies (Shanghai) Co. Ltd. China 33 - 4 - - - 1

Yara Trading (Shanghai) Co. Ltd Fertillanos S.A.S.

Yara Colombia S.A.

Yara Industrial Colombia S.A.S.

China Colombia Colombia Colombia

71 - 664 24

- - (1) -

343 - - - (13)

- 314 15

- 9 3

- (1) -- (1) -- 7 (1)

Information about subsidiaries

Yara Country-by-country report 2020

Yara's extractive industriesMain business activities

Yara Costa Rica S. de R.L. Yara Agri Czech Republic s.r.o. A/S Ammonia

Costa Rica Czech Republic

Flex Gødning A/S Yara Danmark A/S Yara Dallol Djibouti FZE Yarecuador Cia. Ltda. Yara Agri Trade Misr Yara Trade Misr Ltd. Yara Eesti OÜ

Denmark Denmark Denmark Djibouti Ecuador

Egypt

Yara Dallol B.V. Yara Phosphates Oy Yara Suomi Oy Yara France SAS Yara Besitz GmbH Yara Brunsbüttel GmbH

Egypt Estonia Ethiopia Finland Finland France

Yara Environmental Technologies GmbH Yara GmbH & Co. KG

Yara Investment GmbH

Yara Investments Germany SE Yara Verwaltungs GmbH

Germany Germany Germany Germany Germany Germany Germany

59 10 - - 33 - 27 127 - 3 7 - 842 587 - 248 - 562 - - -

- - - - - - - - - - - -

34

22 -

3

145 -

23

33 - - -

1 - (3) - 17 - 3 5 1 -(1)

- - - (4) - (1) (1)

- - - - (8)

1 -

1

- - (1)

35 -

5

4

- -

- -

1 -

(1) - - (43)

120

3 - - 26

(5) (2) - (1)

890

623

34 (11)

(4) -

(15) 233

(2) (55)

18

2 - - 73

- -

251 -

34 - - 18

- - - (10)

(2) (3) -

623 - -

1

125 16 88 -

(13) - 144

- (16)

-- - -

- (41)

-

Yara ZIM Plant Technology GmbH Yara Ghana Ltd

Germany - - - - - - (2)Ghana

53

Yara Hellas S.A.

Greece

Nutrientes y Nitratos Quetzales S.A Yara Guatemala S.A.

Guatemala Guatemala

30 -

68

Yara Hungaria Gyarto es Kereskedelmi Kft. Sainik Potash Pvt Ltd.

Hungary

Yara Environmental Technologies Pvt. Ltd.

India India

11 -

15

- - - - - - -

67

84

3

48

28 -

2

14 6 - 6 1 - -

(3) (1) - (2)

(3) 23

(1) 48

- (2)

-

22

- - -

- - -

(15)

1

Information about subsidiaries

Yara Country-by-country report 2020

Yara's extractive industriesMain business activities

Yara Fertilisers India Pvt. Ltd.

India

744

(8)

Yara Digital Farming India Pvt. Ltd. P.T. Yara Indonesia

India Indonesia

90

Yara Insurance DAC Yara Italia S.p.A.

Ireland

39 -

Yara Côte d'Ivoire S.A. Yara East Africa Ltd. Yara Latvija SIA UAB Movere Yara Lietuva, UAB Yara Malawi Ltd.

Italy Ivory Coast

364

39

Kenya

43

Latvia

Lithuania Lithuania

3 -

Yara Fertilizers Malaysia Sdn Bhd Yara International (M) Sdn Bhd Profesionistas AAL

Malawi Malaysia Malaysia

273 - -

50

Yara Mexico S. de R.L. de C.V. Operaciones BPT

Yara Mozambique Lda. Yara Myanmar Ltd. Yara Fertilizers (NZ) Ltd. Digital Farming Solutions AS Fertilizer Holdings AS

Mexico Mexico Mexico Mozambique

138

246 - -

- - - - - - - - - - - - - (1)

369 -(18)

27

43

444

44

- - 16 57 (1)

- - - (2) (15)

- - - (2)

(30)

-

94

80 -

6

1 - -

46 -

Myanmar New Zealand

28

Norway Norway

6 - -

- - - - - -

263 -

- - (1) 2 - - 1 - 20 -

- (1)

- - - - - - - (7) -

- - - - - - - - - - (2) -

225

(6)

14 - -

(3) -

(1)

1 -

14 -

14

(1) - - (14)

11

(2) - - (9)

8 - -

1 - - 2

(2) - - (2)

1,000

(4)

(12) 1,617

Herøya Nett AS Norway 26 - 12 6 - - 6

OFD Holding S. de R.L. Norway - - - 6 1 - 257

Stiftelsen for ansattes aksjer i Yara Yara AS

Yara Birkeland AS

Yara Environmental Technologies AS Yara LPG Shipping AS

Yara Marine Technologies AS

Norway Norway Norway Norway Norway Norway

- - - - - 11

- (4)

- -

(1) (1)

- - - - 44 139

-

56 -- (8)

- (6)

-

1

17

21

- - - (15)

- - - -

374 -

(10)

43

Information about subsidiaries

Yara Country-by-country report 2020

Yara's extractive industriesMain business activities

Yara Norge AS

Yara Panama S. de RL Yara Peru RL

Norway Panama

764 -(14)

Norteam Seatransport Services Inc. Pataba Holdings Inc.

Yara Fertilizers Philippines Inc. Yara Poland Sp. z o.o.

Peru Philippines Philippines Philippines

21 - -

49

Poland

57

Yara Digital Romania SRL AO Yara

Romania Russian Republic

4

Yara Rwanda Ltd. Yara Asia Pte Ltd.

Rwanda

6 -

Yara Africa Fertilizers (Pty) Ltd.

Yara Animal Nutrition South Africa (Pty) Ltd Yara Korea Ltd.

Singapore South Africa South Africa South Korea

149

74

- - - - - - - - - - (1)

1,198 -

33 - -

81

173 -

1

17

1,071

1,273 - (2) 1 - 2 4 - - - 98

(38)

- - - - - (2)

- - - - - - (1)

247 - (12)

- -

(1) (8)

- - - (4)

- - 1 13 - - (2) 1,135

105 1 - - 2

153

5

Yara Iberian S.A.U. Skogens Gödslings AB Yara AB

Yara Environmental Technologies AB Yara Marine Technologies AB Balderton Fertilisers S.A. Yara IEC AG

Spain Sweden Sweden Sweden Sweden Switzerland

62 -

230 -

- - (1) - (4)

59

(2) - - 8

1 - - - (1)

235

12

2

1

101 -

- - -

398 -

22

(3) - (9)

(3) 30

1

107 -

1 -

- - -

- (1) - (2) -

-

93

1

29

(4)Switzerland - - - - - - 2

Yara Switzerland Ltd Yara Tanzania Ltd. Yara (Thailand) Ltd.

Switzerland

54

Tanzania

57

Thailand

91

Yara Holding Netherlands B.V. Yara Nederland B.V.

Yara Sluiskil B.V.

Yara South America Investments B.V. Yara Technology B.V.

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands

1

24

661 - -

- (1) - (23) (20) (7)

3,466

65

171 -169 - 4 956

(23)

(18) 793

- (1) (7)

- (38)

(1) (30)

(56) 472

3

1,018 - - 4,165

- -

835 - -

141 - - 50

- -- -- -- -

Information about subsidiaries

Yara Country-by-country report 2020

Yara's extractive industriesMain business activities

Yara Vlaardingen B.V. Yara Caribbean Ltd. Yara Trinidad Ltd.

The Netherlands Trinidad and Tobago Trinidad and Tobago

Yara Turkey Tarimsal Gubre Urunleri Anonim Sirketi LLC Yara Ukraine

Turkey

89 - 222 -

- - - -

190 - 4 -

21 - - 54

- - - 57

(33) - - (128)

-

-

-

-Ukraine 11 - 1 - - - (1)

Yara Overseas Ltd. Yara UK Ltd.

United Kingdom - - - - - - 3

United Kingdom

Agronomic Technology Corp. Freeport Ammonia LLC Yara North America Inc.

Yara West Sacramento Terminal LLC Le Vang Trading Services Ltd.

United States United States United States United States

Yara Vietnam Co. Ltd.

Yara Fertilizer Zambia Ltd. Grand total

Vietnam Vietnam Zambia

239 - - 209 - - 107 28 16,210

(1)

591

35

(5)

(13) 95

- - (4) - - (11)

(1) - (8) - - (16)

(14)

715 (9) 36 17 385

- - - (2) (252)

3 - - - 2

- 21 30 19,159

- - (5) 5,499

- - -- - -

- 1 (40)

(221) (232)

Joint operations and equity accounted investees Parent company 5)

Group eliminations Grand total

- 608 - 16,818

-

(8) 261

244 248 (8,060)

(37) 1,264 (5,876)

(3) (29)

19 (2)

-

11,591 1)

850 1)

84 (121) 2)

- (264) 3)

• 1) Reconcilable against Group Consolidated Statement of Income.

• 2) Reconcilable against Group note 2.8 Income taxes.

• 3) Reconcilable against Group Consolidated statement of cash flows.

• 4) Accumulated earnings reflect retained earnings. This does not necessarily reflect group accumulated earnings and the amount includes legal reserves due to local regulations allocating retained earnings to legal reserves.

• 5) Reflects IFRS which deviate from the parent financial statements due to different timing of group contributions/dividends.

The table is based on IFRS figures used for Group accounting purposes. The report may differ from statutory accounts due to local GAAP differences.

Main business activities

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiaries

Main business activities

Tax jurisdiction

Yara Argentina S.A. Chemical Holdings Pty Ltd. Yara Australia Pty Ltd. Yara Nipro Pty Ltd.

Yara Pilbara Fertilisers Pty Ltd

Argentina Australia Australia Australia Australia

X

XX XX

Yara Environmental Technologies GmbH, Austria Battaille S.A.

Société de Gestion d'Actifs S.A. Yara Belgium S.A./N.V.

Yara Tertre S.A.

Austria Belgium Belgium Belgium Belgium

X

XX X X

X

XX

X

Yara Bolivia Fertilizantes S.R.L

Amoniasul Serviços de Refrigeração Industrial Ltda. Indústria de Fertilizantes de Cubatão S.A.

Yara Brasil Fertilizantes S.A.

Yara Bulgaria EOOD

Yara Cameroun S.A. Yara Belle Plaine Inc. Yara Canada Holding Inc. Yara Canada Inc.

Bolivia Brazil Brazil Brazil Bulgaria Cameroon

X XXX

X

CanadaX X X X

X

X

Canada

X

Canada

Yara Chile Fertilizantes Ltda. Yara China Ltd.

Yara Environmental Protection (Qingdao) Co. Ltd. Yara Marine Technologies (Shanghai) Co. Ltd. Yara Trading (Shanghai) Co. Ltd.

Fertillanos S.A.S.

Chile China China China China Colombia

X X X X X X X

Main business activities

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiaries

Tax jurisdiction

Yara Colombia S.A.

Yara Industrial Colombia S.A.S. Yara Costa Rica S. de RL.

Yara Agri Czech Republic s.r.o. A/S Ammonia

Colombia Colombia Costa Rica Czech Republic

Flex Gødning A/S Yara Danmark A/S Yara Dallol Djibouti FZE Yarecuador Cia. Ltda. Yara Agri Trade Misr Yara Trade Misr Ltd. Yara Eesti OÜ

Denmark Denmark Denmark Djibouti Ecuador

X X X X X X X

XX

X

X

X

X

Egypt

X

Yara Dallol B.V. Yara Phosphates Oy Yara Suomi Oy Yara France SAS Yara Besitz GmbH Yara Brunsbüttel GmbH

Egypt Estonia Ethiopia Finland Finland France

X

XX XX X X X

Yara Environmental Technologies GmbH Yara GmbH & Co. KG

Yara Investment GmbH

Yara Investments Germany SE Yara Verwaltungs GmbH

Yara ZIM Plant Technology GmbH Yara Ghana Ltd

Germany Germany Germany Germany Germany Germany Germany Germany

XX

XX

XX

X XXX

Ghana

X

Main business activities

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiaries

Yara Hellas S.A.

Nutrientes y Nitratos Quetzales S.A Yara Guatemala S.A.

Greece Guatemala Guatemala

Yara Hungaria Gyarto es Kereskedelmi Kft. Sainik Potash Pvt Ltd.

Hungary

Yara Environmental Technologies Pvt. Ltd. Yara Fertilisers India Pvt. Ltd.

Yara Digital Farming India Pvt. Ltd. P.T. Yara Indonesia

India India India India Indonesia

X X X X X X X X X

X

Yara Insurance DAC Yara Italia S.p.A.

Ireland

X

Italy

Yara Côte d'Ivoire S.A. Yara East Africa Ltd. Yara Latvija SIA Yara Lietuva, UAB Yara Malawi Ltd.

Ivory Coast (Cote D'Ivoire)

Kenya

Latvia Lithuania

Yara Fertilizers Malaysia Sdn. Bhd. Yara International (M) Sdn Bhd Operaciones BPT Profesionistas AAL

Malawi Malaysia MalaysiaX X X X X X X X

XX

Yara Mexico S. de R.L. de C.V. Yara Mozambique Lda.

Mexico Mexico Mexico Mozambique

X

Yara Myanmar Ltd. Yara Fertilizers (NZ) Ltd. Digital Farming Solutions AS

Myanmar New Zealand

X X X X X

X

X

NorwayX

X

Main business activities

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiaries

Fertilizer Holdings AS Herøya Nett AS

OFD Holding S. de RL Yara AS

Yara Birkeland AS

Yara Environmental Technologies AS Yara LPG Shipping AS

Yara Marine Technologies AS Yara Norge AS

Yara Panama S. de RL Yara Peru RL

Norway Norway Norway Norway Norway Norway Norway Norway Norway Panama

X

XXX

XXX

Norteam Seatransport Services Inc. Pataba Holdings Inc.

Yara Fertilizers Philippines Inc. Yara Poland Sp. z o.o.

Peru Philippines Philippines PhilippinesX X X X X

XX

X X

Poland

Yara Digital Romania SRL AO Yara

Romania Russian Federation

Yara Rwanda Ltd. Yara Asia Pte Ltd.

Rwanda

Yara Africa Fertilizers (Pty) Ltd.

Yara Animal Nutrition South Africa (Pty) Ltd Yara Korea Ltd.

Singapore South Africa South Africa South Korea

Yara Iberian S.A.U. Skogens Gödslings AB Yara AB

Spain Sweden SwedenX X X X X X X X X X

X XXX

X X

Main business activities

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiaries

12

Yara Environmental Technologies AB Yara Marine Technologies AB Balderton Fertilisers S.A. Yara IEC AG

Sweden

X

Sweden

XX

Yara Switzerland Ltd Yara Tanzania Ltd. Yara (Thailand) Ltd.

Switzerland Switzerland Switzerland

X

XX

Tanzania

ThailandX X X

X

Yara Holding Netherlands B.V. Yara Nederland B.V.

Yara Sluiskil B.V.

Yara South America Investments B.V. Yara Technology B.V.

Yara Vlaardingen B.V. Yara Caribbean Ltd. Yara Trinidad Ltd.

The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands Trinidad and Tobago

X XX XX

X

X XX

X

X

Trinidad and Tobago

X

Yara Turkey Tarımsal Gübre Ürünleri Anonim Şirketi LLC Yara Ukraine

Turkey

Yara Overseas Ltd. Yara Phosyn Ltd. Yara UK Ltd.

Ukraine United Kingdom United Kingdom United Kingdom

X XX X

Agronomic Technology Corp. Freeport Ammonia LLC Yara North America Inc.

Yara West Sacramento Terminal LLC Le Vang Trading Services Ltd.

United States United States United States United States

X XX

X

X

X

Vietnam

X

Yara Country-by-country report 2020

Yara's extractive industriesInformation about subsidiariesMain business activities

Yara Vietnam Co. Ltd.	Vietnam	X
Yara Fertilizer Zambia Ltd.	Zambia	X

13