NACCO INDUSTRIES INC - FORM 8-K - EX-99 - EXHIBIT 99

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8-K - 8-K - NACCO INDUSTRIES INC	dataschedule123120198-k.htm



																		EXHIBIT 99
NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)

	Revenues
	Q1		Q2		Q3		Q4		FY
2018	31,200		33,681		31,440		39,054		135,375
2019	40,097		41,352		32,603		26,938		140,990

	Operating Profit
	Q1		Q2		Q3		Q4		FY
2018	9,721		7,802		10,547		15,554		43,624
2019	16,373		9,161		8,663		4,623		38,820

	Interest (Income) Expense
	Q1		Q2		Q3		Q4		FY
2018	533		450		327		(177	)	1,133
2019	(322	)	(359	)	(1,648	)	(415	)	(2,744	)

	Other (Income) Expense
	Q1		Q2		Q3		Q4		FY
2018	208		(229	)	(438	)	787		328
2019	(643	)	(243	)	(1,310	)	361		(1,835	)

	Income Before Taxes											Effective income tax rate
	Q1		Q2		Q3		Q4		FY			Q1		Q2		Q3		Q4		FY
2018	8,980		7,581		10,658		14,944		42,163		2018	9.0	%	15.7	%	13.7	%	26.3	%	17.5	%
2019	17,338		9,763		11,621		4,677		43,399		2019	13.4	%	18.3	%	11.7	%	n.m.		8.7	%

	Net Income
	Q1		Q2		Q3		Q4		FY
2018	8,176		6,393		9,200		11,016		34,785
2019	15,018		7,975		10,264		6,375		39,632

	Depreciation, depletion and amortization expense
	Q1		Q2		Q3		Q4		FY
2018	3,397		3,723		3,815		3,748		14,683
2019	3,813		4,238		4,044		4,145		16,240

	Capital Expenditures
	Q1		Q2		Q3		Q4		FY
2018	2,452		6,730		5,450		6,298		20,930
2019	4,252		1,715		7,297		11,400		24,664

	Net cash provided by (used for) operating activities
	Q1		Q2		Q3		Q4		FY
2018	(8,029	)	26,725		20,155		15,771		54,622
2019	(544	)	22,632		25,176		5,520		52,784

	Net cash used for investing activities
	Q1		Q2		Q3		Q4		FY
2018	(2,088	)	(6,192	)	(5,142	)	(4,965	)	(18,387	)
2019	(4,247	)	(1,705	)	(2,857	)	(11,453	)	(20,262	)



NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)

		Cash flow before financing activities (1)
		Q1		Q2		Q3		Q4		FY
2018		(10,117	)	20,533		15,013		10,806		36,235
2019		(4,791	)	20,927		22,319		(5,933	)	32,522

		Net cash (used for) provided by financing activities
		Q1		Q2		Q3		Q4		FY
2018		(8,080	)	(23,984	)	(11,915	)	(8,599	)	(52,578	)
2019		(1,408	)	(1,562	)	(5,681	)	13,764		5,113

		Dividends Paid to Shareholders
		Q1		Q2		Q3		Q4		FY
2018		1,144		1,145		1,144		1,145		4,578
2019		1,153		1,327		1,328		1,324		5,132

		Total debt (2)
		Q1		Q2		Q3		Q4		FY
2018		50,768		27,983		17,496		11,021		11,021
2019		12,021		12,002		7,678		24,943		24,943

		Equity
		Q1		Q2		Q3		Q4		FY
2018		224,882		230,972		240,201		250,704		250,704
2019		264,267		272,150		283,255		289,392		289,392

(1	)	Cash flow before financing activities is equal to net cash provided by (used for) operating activities plus net cash provided by (used for) investing activities.
(2	)	Total debt presented excludes the obligations of the unconsolidated mines. The unconsolidated mines' customers arrange and guarantee the financing of the unconsolidated mines. These obligations are without recourse to and are not guaranteed by North American Coal or NACCO.




Coal Mining
(in thousands, except tons of coal delivered)

	Tons of coal delivered - Unconsolidated mines
	Q1	Q2	Q3	Q4		FY
2018	8.5	8.0	9.8	9.2		35.5
2019	8.6	6.9	8.7	7.8		32.0

	Tons of coal delivered - Consolidated mines
	Q1	Q2	Q3	Q4		FY
2018	0.7	0.8	0.7	0.8		3.0
2019	0.6	0.9	0.7	0.4		2.6

	Revenues
	Q1	Q2	Q3	Q4		FY
2018	17,597	20,860	18,583	24,509		81,549
2019	16,750	22,570	18,799	10,582		68,701

	Gross Profit (Loss)
	Q1	Q2	Q3	Q4		FY
2018	1,519	792	2,493	6,633		11,437
2019	826	1,316	2,416	(1,287	)	3,271

	Earnings of unconsolidated operations
	Q1	Q2	Q3	Q4		FY
2018	15,277	15,333	17,004	16,775		64,389
2019	15,781	13,529	16,211	15,157		60,678

	Operating Expenses
	Q1	Q2	Q3	Q4		FY
2018	8,099	8,227	9,683	11,547		37,556
2019	9,002	10,152	11,286	10,241		40,681

	Operating Profit
	Q1	Q2	Q3	Q4		FY
2018	8,697	7,898	9,814	11,861		38,270
2019	7,605	4,693	7,341	3,629		23,268



	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	2,841	3,092	3,097	3,087	12,117
2019	2,874	3,276	3,102	3,157	12,409

	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	576	3,850	2,162	2,228	8,816
2019	2,740	1,511	2,291	8,550	15,092




North American Mining
(in thousands, except tons of limerock delivered)

	Tons of limestone delivered - Unconsolidated mines
	Q1	Q2		Q3		Q4	FY
2018	1.9	1.6		1.7		1.8	7.0
2019	1.9	2.5		1.7		2.2	8.3

	Tons of limestone delivered - Consolidated mines
	Q1	Q2		Q3		Q4	FY
2018	10.1	9.4		9.7		9.8	39.0
2019	9.8	9.3		8.5		8.8	36.4

	Revenues
	Q1	Q2		Q3		Q4	FY
2018	10,213	9,067		9,092		8,578	36,950
2019	10,775	10,728		8,993		12,327	42,823

	Operating Profit (Loss)
	Q1	Q2		Q3		Q4	FY
2018	634	157		281		846	1,918
2019	32	(483	)	(391	)	146	(696	)



	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	395	427	441	246	1,509
2019	545	566	588	524	2,223

	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	674	2,557	3,121	3,471	9,823
2019	1,129	113	4,971	2,611	8,824



	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2018	134	177	250	389	950
2019	366	367	324	305	1,362

	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2018	1,032	150	—	224	1,406
2019	241	50	—	226	517

NACCO INDUSTRIES INC - FORM 8-K - EX-99 - EXHIBIT 99 - March 4, 2020