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Innophos Holdings, Inc. Reports Second Quarter 2009 Results
Date:8/3/2009

trates for the three months ended June 30, 2009 the percentage changes in net sales by major product lines compared with the same period of the prior year, including the effect of price and volume/mix changes upon revenue:

                                         Price   Volume/Mix   Total
                                         -----   ----------   -----
    Purified Phosphoric Acid               4.3%     (60.5%)  (56.2%)
    Specialty Salts and Specialty Acids   36.5%     (35.1%)    1.4%
    STPP & Other Products                (44.3%)    (26.2%)  (70.5%)

Summary Cash Flow Statement

                     INNOPHOS HOLDINGS, INC. AND SUBSIDIARIES
           Condensed Consolidated Statements of Cash Flows (Unaudited)
                              (Dollars in thousands)

                                                       Six months   Six months
                                                          ended        ended
                                                         June 30,    June 30,
                                                            2009        2008
                                                            ----        ----
    Cash flows from operating activities
      Net income                                         $47,853     $68,543
      Adjustments to reconcile net income to net cash
       provided from operating activities:
        Depreciation and amortization                     23,849      27,139
        Amortization of deferred financing charges         2,269       1,365
        Deferred income tax provision (benefit)            3,473      (1,351)
        Deferred profit sharing                             (230)        462
        Share-based compensation                           1,219       1,453
        Gain on retirement of bonds                       (3,500)          -
      Changes in assets
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SOURCE Innophos Holdings, Inc.
Copyright©2009 PR Newswire.
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