Cleveland Potash Limited had a reported turnover of £194 million in 2013, up from £162 million the year before. However, despite the increased turnover, the company suffered a total pre-tax loss of £194 million. This was the result of a huge £200 million impairment charge arising from a significant fall in potash prices. In the 2017–18 financial year, the company made £92 million, down from £205 million from the previous financial year. During the same period they also incurred losses of £162 million due to an investment in ICL Iberia a sister company. Taking into account redundancies, impairment of assets and disposal of unrequired assets, the loss was adjusted to £38 million.