Skip to main content 2015 Half Year Results – Modec Investor Presentation | Shale Experts
Loading...
Pm

2015 Half Year Results – Modec

Modec · Aug 6, 2015 · 18 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. 2015 Half Year Results – Modec – slide 1
    MODEC, Inc. 2015 Half-Year Financial Results Analysts Presentation August 6, 2015
  2. 2015 Half Year Results – Modec – slide 2
    2015 Half-Year Highlight Market Review & Outlook Financial Results 2
  3. 2015 Half Year Results – Modec – slide 3
    2015 Half-Year : Highlight Revenue Ordinary Profit (billion JPY) 1H 2H (billion JPY) 1H 2H 400 378.5 20 18.3 216.5 15.8 12.4 300 254.4 5.9 186.8 147.1 9.2 200 10 129.9 101.2 7.2 9.8 161.9 156.7 5.0 100 72.5 107.2 2.3 5.8…
  4. 2015 Half Year Results – Modec – slide 4
    2015 Half-Year : Highlight Recording of Expenses at MV11BV Increase in Equity Participation Production temporarily suspended due to Equity participation in MV26BV and failure; approx. 2 billion yen of impact at MV27BV increased;…
  5. 2015 Half Year Results – Modec – slide 5
    2015 Half-Year : FPSO Cidade de Itaguai MV26 Charter service to start in 3Q 2015 Rio de Janeiro Campos basin Santos basin Charter / O&M fleet in Brazil Santos Basin Campos Basin 2016 MV27 2017 MV29 MV26 MV18 MV24…
  6. 2015 Half Year Results – Modec – slide 6
    Units on Order FPSO FPSO FPSO FPSO Hess Cidade de Prof. John Evans Cidade de Cidade de Campos Stampede Itaguai Atta Mills Caraguatatuba dos Goytacazes TLP MV26 (MV25) MV27 MV29 Client Petrobras Tullow Petrobras Petrobras Hess…
  7. 2015 Half Year Results – Modec – slide 7
    As of August 2015 Time Charter (Own & Operate) Time Charter / O&M Period in operation 13 units 10 FPSOs 3 FSOs under construction 4 FPSOs Time Charter fixed period O&M (Operate) Time Charter option period in operation 4 FPSOs…
  8. 2015 Half Year Results – Modec – slide 8
    2015 Half-Year Highlight Market Review & Outlook Financial Results 8
  9. 2015 Half Year Results – Modec – slide 9
    2015 Half-Year : Market Review FPSO Awards (Actual + Forecast) Petrobras BMP 2015-2019 Year Installed/Fist Oil Production Units to be bid Production Units on order GOM Europe Pacific Asia Africa Brazil Petrobras Production Targets…
  10. 2015 Half Year Results – Modec – slide 10
    Prospective Projects UK GOM FSO (EPCI) FPSO (EPCI + Charter) TLP, Semi or FPSO (TBA) Norway TLP Europe North America Asia Africa & Pacific South Ghana America FPSO (TBD) TLP Angola FPSO (EPCI + O&M) Indonesia FPSO (EPC…
  11. 2015 Half Year Results – Modec – slide 11
    Exchange Rate on Closing Dates (/) FY2015 : Outlook 2011 2012 2013 2014 2015(F) 77.74 86.56 105.37 120.56 110.00 Revenue Operating Profit (billion JPY) (billion JPY) 400 378.5 10 8.5 300.0 254.4 186.8 200 5 3.7 129.9 3.4…
  12. 2015 Half Year Results – Modec – slide 12
    2015 Half-Year Highlight Market Review & Outlook Financial Results 12
  13. 2015 Half Year Results – Modec – slide 13
    Profit & Loss Variance 2014 1H 2015 1H 2014 1H 2014 (million JPY) 2015 1H Revenue 161,977 156,773 (5,204) 378,523 - FPSO construction on track - Recorded FPSO repair cost at a consolidated Gross Profit 9,112 5,136 (3,976) 21,958…
  14. 2015 Half Year Results – Modec – slide 14
    Revenue Revenue Project Timeline EPC(I) Period Time Charter Period (billion JPY) 400 378.5 MV29 300 254.4 MV27 200 186.8 156.7 MV25 129.9 100 MV26 0 2011 2012 2013 2014 2015 2016 2017 2011 2012 2013 2014 2015…
  15. 2015 Half Year Results – Modec – slide 15
    Operating Profit Equity Method Affiliates Influence of Deferred Profit & Deferred Profit Deferred/Realized Profit recorded during construction phase Operating Profit equivalent to MODEC's share in affiliates Deferred Realized…
  16. 2015 Half Year Results – Modec – slide 16
    New Orders & Order Backlogs New Orders Order Backlogs MODEC Group's share in the Lease, Charter and O&M services of the affiliates accounted for by the equity method (billion (billion (billion JPY) JPY) JPY) 987.9 1,000 1,000…
  17. 2015 Half Year Results – Modec – slide 17
    Balance Sheet 2014 2015 1H Variance (million JPY) - Decrease due to collection of loans receivable from Short-term Loans Receivable 41,008 36,131 (4,877) SPCs Total Current Assets 259,992 252,446 (7,546) Property and Equipment…
  18. 2015 Half Year Results – Modec – slide 18
    Key Financial Indicators Operating Profit & EBITDA Interest-Bearing Debt Operating profit (equity method portion) Total interest-bearing debt (after adjustment) EBITDA (after adjustment) Total interest-bearing debt/EBITDA (x times)…

From the store

Browse maps, data & reports in the Shale Experts store