The proceeds with the Nitrogen Fertilizer ABL could be utilized to fund Functioning cash, capital expenditures and for other typical corporate needs.

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- Earnings (decline) for each share modified for selected sizeable non-cash items and products that administration thinks are not attributable to or indicative of our on-going functions or that will obscure our fundamental benefits and tendencies.

We record our commodity inventories on the very first-in-initial-out foundation. Subsequently, sizeable latest period of time fluctuations in market place rates as well as the volumes we hold in stock can have favorable or unfavorable impacts on our refining margins when compared with similar metrics employed by other publicly-traded firms within the refining industry.

- Whole personal debt and net financial debt and finance lease obligations is calculated as being the consolidated personal debt and net financial debt and finance lease obligations a lot less the Nitrogen Fertilizer Phase’s debt and Internet financial debt and finance lease obligations as of The latest time period ended divided by EBITDA unique with the Nitrogen Fertilizer Phase for The newest twelve-thirty day period interval.

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