Air Products and Chemicals, Inc. (NYSE:APD) Q1 2023 Earnings Conference Call February 2, 2023 8:30 AM ET Company Participants Seifi Ghasemi - Chairman, President and CEO Dr. Samir Serhan - Chief Operating Officer Melissa Schaeffer - SVP and CFO Sean Major - EVP, General Counsel and Secretary Sidd Manjeshwar - VP of Investor Relations and Corporate Treasurer Conference Call Participants Christopher Parkinson - Mizuho John McNulty - BMO Capital Markets John Roberts - Credit Suisse Steve Byrne - Bank of Americ ...

Moving forward Create Shareholder Value Q1 FY23 Earnings Conference Call February 2, 2023 Moving forward 2 Forward-looking statements This presentation contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about earnings guidance, business outlook and investment opportunities. These forward-looking statements are based on management's expectations and assumptions as of the date of this presentation and are not gu ...

净收入和现金流 - 2022年12月31日，Air Products的净收入为583.8亿美元，较2021年同期增长6.3%[9] - 2022年12月31日，Air Products的现金流量表显示，经营活动提供的现金为719.3亿美元[11] 资产和股东权益 - 2022年12月31日，Air Products的现金及现金等价物为3131.0亿美元，较2022年9月30日增长420.0亿美元[10] - 2022年12月31日，Air Products的股东权益为14517.4亿美元，较2022年9月30日增长815.0亿美元[12] - 2022年12月31日，Air Products的资产总额为28278.3亿美元，较2022年9月30日增长1085.7亿美元[10] 其他综合收益和损失 - 2022年12月31日，Air Products的其他综合收益为580.5亿美元，较2021年同期增长676.4%[9] - 2022年12月31日，Air Products的累计其他综合损失为2218.3亿美元，较2021年同期减少333.8亿美元[12] 债务管理和利率互换 - 公司的债务组合管理政策旨在评估公司对债务资本的需求，并管理债务组合和对冲计划，以减少借款的融资风险[43] - 公司通过利率互换来改变债务组合的固定/浮动利率比例，以维持固定和浮动利率债务在管理设定的参数内的百分比[44] - 公司当前的跨货币利率互换合同主要是固定-固定互换，主要涉及美元与人民币、印度卢比和智利比索之间的互换[46] 环境准备金 - 公司在2023财年的环境损失准备金范围估计为70至83美元[74] - 公司在Pace设施的环境准备金为37.9美元[76] - 公司在Piedmont设施的环境准备金为7.1美元[81] - 公司在Pasadena设施的环境准备金为10.7美元[85] 股权报酬和激励计划 - 公司的税前股权报酬成本为16.9美元，税后股权报酬成本为12.8美元[89] - 公司在2022年12月31日的长期激励计划（LTIP）下还有120万股股票可供未来授予[88] 其他 - 公司与ACWA Power和NEOM Company合作的NEOM Green Hydrogen项目预计将于2026年投产[96] - 公司在2022财年第三季度开始了NEOM项目的建设，并计划成为绿色氨的独家购买方[97] - 公司在2023财年首三个月的项目成本估计变化对运营收入产生了约25亿美元的不利影响[100]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 30 September 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________________ to ______________________ Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact name of registrant as specified i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 30 June 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 23-1274455 (State or ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 31 March 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 23-1274455 (State o ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 31 December 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 23-1274455 (Stat ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended 30 September 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identif ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 30 June 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact Name of Registrant as Specified in Its ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ___________________________ FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended 31 March 2019 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-04534 AIR PRODUCTS AND CHEMICALS, INC. (Exact Name of Registrant as Specified in It ...