NACCO Industries (NC) 8-K Results of Operations and Financial Condition

																		EXHIBIT 99
NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)
	Revenues
	Q1		Q2		Q3		Q4		FY
2019	40,097		41,352		32,603		26,938		140,990
2020	37,644
	Operating Profit
	Q1		Q2		Q3		Q4		FY
2019	16,373		9,161		8,663		4,623		38,820
2020	7,580
	Interest (Income) Expense
	Q1		Q2		Q3		Q4		FY
2019	(322	)	(359	)	(1,648	)	(415	)	(2,744	)
2020	2
	Other (Income) Expense
	Q1		Q2		Q3		Q4		FY
2019	(643	)	(243	)	(1,310	)	361		(1,835	)
2020	1,482
	Income Before Taxes											Effective income tax rate
	Q1		Q2		Q3		Q4		FY			Q1		Q2		Q3		Q4	FY
2019	17,338		9,763		11,621		4,677		43,399		2019	13.4	%	18.3	%	11.7	%	n.m.	8.7	%
2020	6,096										2020	(1.1	)%
	Net Income
	Q1		Q2		Q3		Q4		FY
2019	15,018		7,975		10,264		6,375		39,632
2020	6,166
	Depreciation, depletion and amortization expense
	Q1		Q2		Q3		Q4		FY
2019	3,813		4,238		4,044		4,145		16,240
2020	4,544
	Capital Expenditures
	Q1		Q2		Q3		Q4		FY
2019	4,252		1,715		7,297		11,400		24,664
2020	5,358
	Net cash provided by (used for) operating activities
	Q1		Q2		Q3		Q4		FY
2019	(544	)	22,632		25,176		5,520		52,784
2020	(31,122	)
	Net cash used for investing activities
	Q1		Q2		Q3		Q4		FY
2019	(4,247	)	(1,705	)	(2,857	)	(11,453	)	(20,262	)
2020	(5,342	)

NACCO Industries, Inc. - Consolidated
(in thousands, except percentage data)
		Cash flow before financing activities (1)
		Q1		Q2		Q3		Q4		FY
2019		(4,791	)	20,927		22,319		(5,933	)	32,522
2020		(36,464	)
		Net cash (used for) provided by financing activities
		Q1		Q2		Q3		Q4		FY
2019		(1,408	)	(1,562	)	(5,681	)	13,764		5,113
2020		7,298
		Dividends Paid to Shareholders
		Q1		Q2		Q3		Q4		FY
2019		1,153		1,327		1,328		1,324		5,132
2020		1,339
		Total debt (2)
		Q1		Q2		Q3		Q4		FY
2019		12,021		12,002		7,678		24,943		24,943
2020		34,582
		Equity
		Q1		Q2		Q3		Q4		FY
2019		264,267		272,150		283,255		289,392		289,392
2020		293,837
(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
2019	8.6		6.9	8.7	7.8		32.0
2020	7.6
	Tons of coal delivered - Consolidated mines
	Q1		Q2	Q3	Q4		FY
2019	0.6		0.9	0.7	0.4		2.6
2020	0.8
	Revenues
	Q1		Q2	Q3	Q4		FY
2019	16,750		22,570	18,799	10,582		68,701
2020	20,928
	Gross Profit (Loss)
	Q1		Q2	Q3	Q4		FY
2019	826		1,316	2,416	(1,287	)	3,271
2020	(346	)
	Earnings of unconsolidated operations
	Q1		Q2	Q3	Q4		FY
2019	15,781		13,529	16,211	15,157		60,678
2020	15,027
	Operating Expenses
	Q1		Q2	Q3	Q4		FY
2019	9,002		10,152	11,286	10,241		40,681
2020	7,496
	Operating Profit
	Q1		Q2	Q3	Q4		FY
2019	7,605		4,693	7,341	3,629		23,268
2020	7,185

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	2,874	3,276	3,102	3,157	12,409
2020	3,543
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	2,740	1,511	2,291	8,550	15,092
2020	823

North American Mining
(in thousands, except tons of limerock delivered)
	Tons of limestone delivered - Unconsolidated mines
	Q1	Q2		Q3		Q4	FY
2019	1.9	2.5		1.7		2.2	8.3
2020	2.2
	Tons of limestone delivered - Consolidated mines
	Q1	Q2		Q3		Q4	FY
2019	9.8	9.3		8.5		8.8	36.4
2020	10.3
	Revenues
	Q1	Q2		Q3		Q4	FY
2019	10,775	10,728		8,993		12,327	42,823
2020	11,624
	Operating Profit (Loss)
	Q1	Q2		Q3		Q4	FY
2019	32	(483	)	(391	)	146	(696	)
2020	731

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	545	566	588	524	2,223
2020	646
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	1,129	113	4,971	2,611	8,824
2020	4,023

Minerals Management
(in thousands)
	Revenues
	Q1	Q2	Q3	Q4	FY
2019	12,686	8,242	5,022	4,169	30,119
2020	5,241
	Operating Profit
	Q1	Q2	Q3	Q4	FY
2019	11,669	6,789	3,900	3,363	25,721
2020	4,267

	Depreciation, depletion and amortization expense
	Q1	Q2	Q3	Q4	FY
2019	366	367	324	305	1,362
2020	327
	Capital Expenditures
	Q1	Q2	Q3	Q4	FY
2019	241	50	—	226	517
2020	463