INPEX Holdings Inc. Financial Results for the six months ended September 30, 2006 Tokyo November 16, 2006 1
Agenda 1. Financial Results for the six months ended September 30, 2006 Mutsuhisa Fujii, Director, INPEX Holdings 2. Corporate Activities Updates Naoki Kuroda, Representative director and President, INPEX Holdings Masatoshi…
Subsidiaries and Affiliates 57 consolidated subsidiaries Major subsidiaries Country/region Ownership Stage INPEX Indonesia 100% Production Teikoku Oil Japan 100% Production INPEX Natuna Indonesia 100% Production INPEX Sahul Timor…
Highlights of the Consolidated Financial Results for the six months ended September 30, 2006 (Billions of yen) Net Sales 500.8 Operating Income 298.4 Ordinary Income 294.0 Net Income 64.6 Net Income per share 27,647.74 Average…
Net Sales (by Region, by Products) by Region (Billions of yen) by Products (Billions of yen) 7% 3% 42% 33.5 34% 13.8 208.1 170.2 196.6 316.7 39% 62.4 63% 12% Japan Asia/Oceania NIS(Caspian Sea) Middle East/Africa Oil…
INPEX Holdings Statements of Income (Billions of yen) Apr.Sep. 06 Net Sales 500.8 INPEX(consolidated) : 457.7 Teikoku Oil(consolidated) : 53.4 Cost of Sales 170.3 Adjustment of the oil stock terminal business: (10.3) Exploration…
INPEX CORPORATION Natural Gas Sales Apr.Sep. 05 Apr.Sep. 06 Change %change Natural gas sales * (Billions of yen) 114.0 150.8 36.7 32.2% Natural gas sales 144,654 159,931 15,277 10.6% volume (MMcf) Average sales price 6.81 7.98…
Teikoku Oil Natural Gas Sales Apr.Sep. 05* Apr.Sep. 06 Change %change Natural gas sales** (Billions of yen) 16.9 19.6 2.7 16.0% Overseas Natural gas sales volume (MMcf) 12,831 (12,831) Average sales price (/Mcf) 0.73 Average…
INPEX CORPORATION Analysis of Net Sales Increase (Billions of yen) 23.1 77.7 400 46.3 300 457.7 200 310.6 100 0 Sales Volume Increase in Depreciation Apr.-Sep. 05 Apr.-Sep. 06 Increase Unit Price of the yen 12
Teikoku Oil Analysis of Net Sales Increase (Billions of yen) 60 2.3 3.5 3.4 50 (3.4) 40 30 53.4 47.6** 20 10 0 Crude Oil Venezuela Petroleum Domestic Gas Apr.-Sep. 05 (Price, Depreciation (No sales products,…
INPEX Holdings Balance Sheets (Billions of yen) Sep. 30, 2006 Current assets 437.7 Tangible fixed assets 214.1 Intangible assets 271.6 Recoverable accounts under production sharing 308.4 Other investments 346.5 Less allowance…
INPEX Holdings Statements of Cash Flows (Billions of yen) Apr.Sep. 06 Income before income taxes and minority interests 294.0 Depreciation and amortization 12.5 Recovery of recoverable accounts under production sharing (capital…
INPEX Holdings Consolidated Financial Forecasts for the year ending March 31, 2007 Assumptions (Sep. 15, 2006) 1Q Actual 2Q Actual 2nd Half* Brent crude oil price (/bbl) 70.4 70.6 57.5 Exchange rate(yen/US) 114.52 115.45 110.0 *no…
Corporate Activities Updates 17
Progress of business integration Transition to an operating holding company through a merger of the INPEX holdings with INPEX CORPORATION and Teikoku Oil is planned in October 2008 Improving infrastructure of holding company, such…
ACG Oil Fields Caspian Sea, Azerbaijan INPEXs working interest: 10% (Operator: BP) PSC: Until 2024 Production : approx.532,000bbl/d (all field base, average of September 2006) Developing Deep Water Gunashli/Wast Chirag(Phase 3):…
Azadegan Oil Field Iran Service Contract (Buyback Contract) Two Phase Oil Field Development Project* In phase 1, planned to reach 150,000 bbl/d in 200910 In case we move onto phase 2, planned to reach 260,000 bbl/d in 201314…
WA285P (Ichthys) Western Australia INPEXs Working Interest: 100.0%* Operator: INPEX Concession Agreement: Exploration Period until September 2009 Production Period for 21 years from the grant of the production license Drilled…
Masela (Abadi) Timor Sea, Indonesia INPEXs Working Interest: 100.0% Operator: INPEX PSC: until 2028 10 years exploration period (until 2008) Drilled and discovered gascondensate by the first exploration well in 2000…
Domestic Natural Gas Business Building the Domestic Infrastructure Additional processing train at Minami Nagaoka : Completion (Output capacity : Boosted 1.5 times) Shizuoka Line/Minamifuji Line : Completion (Additional Gas sales…
Historical Prices of Domestic Natural Gas 55 Crude Oil Japan (Delivery and sales cost, etc. are added to the CIF price for domestic sales) 45 Teikokus Domestic Gas (Weighted Average Price) 35 25 Japan (Regasified,…