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November 2011 Financial Results – Inpex Corp

Inpex Corp · Nov 7, 2011 · 22 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. November 2011 Financial Results – Inpex Corp – slide 1
    Financial Results f th i for the six months end th d ded September 30, 2011 d S t b 30 2011 INPEX COR RPORATION Novemb ber 7, 2011
  2. November 2011 Financial Results – Inpex Corp – slide 2
    Ageenda 1. Corporate Overview Representtative Director, President & CEO i Di P id & CEO Toshiaki Kitamura 2. Financial Financial Results for th Results for th he six months ended he six months ended September 30, 2011…
  3. November 2011 Financial Results – Inpex Corp – slide 3
    Corporate Overview Corporate Toshiaki K Kitamura Representative Directtor, President & CEO Representative Directtor President & CEO
  4. November 2011 Financial Results – Inpex Corp – slide 4
    Corporate Highlights Corporate Halfyear Half year results : Net sales in results : Net sales in ncreased by 32% to 573 1 billion ncreased by 32% to 573.1 billion, Net profit increased by 47% to o 74.3 billion. Ichthys LNG…
  5. November 2011 Financial Results – Inpex Corp – slide 5
    Ichthys LNG Ichthys LNG G Project(1/2) G Project(1/2) Onnshore (LNG plant) and Offshore (Offshore nshore (LNG plant) and Offshore (Offshore faccilities & pipeline) FEED works Engineering works completed Preparation work…
  6. November 2011 Financial Results – Inpex Corp – slide 6
    Ichthys LNG Ichthys LNG G Project(2/2) G Project(2/2) Gas Marketing Activities Gas Marketing Activities All LNG volumes of 8.4 MM t/y will havee been sold with a large part to be delivered to Japan Negotiating with buyers to…
  7. November 2011 Financial Results – Inpex Corp – slide 7
    Abadi LN NG Project NG Project Agreed to transfer a 30% participating interest to a subsidiary of Shell in July 2011 *The transaction is subject to the satisfaction of certain conditions such as the approval of the Indonesian…
  8. November 2011 Financial Results – Inpex Corp – slide 8
    Progress of the G g Gas Supply Chain pp y Construction of the Naoetsu LNG Receiv Construction of the Naoetsu LNG Receiv ving Terminal ving Terminal Construction work progressing to start operration in 2014 Current status of…
  9. November 2011 Financial Results – Inpex Corp – slide 9
    Top pics Oil production s p started at Kitan (JPDA06105) ( ) - Final Developmment Plan approved in April 2010 - Production starrted in October 2011 - Peak productioon capacity : 40,000 bbl/d Kitan (production test) MMade…
  10. November 2011 Financial Results – Inpex Corp – slide 10
    Net Production* (A Net Production (A April September 2011) April September 2011) 430 430 5% 405 Main increase factor 400 4% Increase in production in g Middle East / Africa region 31% mainly in ADMA Block, Abu Dhabi 300…
  11. November 2011 Financial Results – Inpex Corp – slide 11
    Financial Results for tthe six months ended S Septemb b 30 2011 ber 30, 2011 Masahiro M Murayama Director Managing Director, Managing g Executive Officer g Executive Officer Head of Finance & A Accounting Division
  12. November 2011 Financial Results – Inpex Corp – slide 12
    Highlights of the Consoliidated Financial Results for the six months endeed September 30, 2011 for the six months endeed September 30 2011 Apr.Sep. 10 S 10 A Apr.Sep. 11 S 11 Ch Change %Ch %Change Net Sales (Billions of yen)…
  13. November 2011 Financial Results – Inpex Corp – slide 13
    Crude Oil Sales Crude O O Sales Oil Apr.Sep. 10 Apr.Sep. 11 Change %Change Net Sales (Billions of yen) 249.2 352.1 102.8 41.2% Sales volume (Mbbl) 36,496 39,139 2,643 7.2% Average unit price of overseas 75.70 111.77 36.07…
  14. November 2011 Financial Results – Inpex Corp – slide 14
    Natural Gas Saless (excluding LPG) Natural Gas Sales s (excluding LPG) Apr.Sep. 10 Apr.Sep. 11 Change %Change ( y ) Net Sales (Billions of yen) 160.3 201.5 41.2 % 25.7% Sales volume (MMcf) 200,495 184,454 (16,041) (8.0%) Average…
  15. November 2011 Financial Results – Inpex Corp – slide 15
    Analysis of Net y t Sales Increase (Billions of Yen) Crude Oil (41.6) 700 700 Natural Gas (including LPG) (19.8) () 200.3 Crude Oil +17.8 600 Natural Gas (including LPG) (18.7) 2.1 (61.4) 500 Crude Oil +126.5 400 (0.8)…
  16. November 2011 Financial Results – Inpex Corp – slide 16
    Statementss of Income s of Income (Billions of Yen) ll fY A Apr.Sep. 10 A Sep. 11 Apr. Change h % h %Change Crude Oil sales : 352.1 (Change) +102.8 Natural Gas sales* : 205.8 Net Sales 432.9 573.1 140.1 32.4% (Change) +35.2…
  17. November 2011 Financial Results – Inpex Corp – slide 17
    Other Incom me/Expenses p Apr. Apr. Apr. Apr. (B ll (Billions of Yen) fY ) Ch Change %Ch %Change Sep. 10 Sep. 11 Other income 10.4 19.8 9.3 89.1% Interest income Interest income 20 2.0 20 2.0 00 0.0 3 9% 3.9% Dividend…
  18. November 2011 Financial Results – Inpex Corp – slide 18
    Analysis of Nett Profit Increase Analysis of Nett Profit Increase Main Factors Increase in royalty due to increased sales in ADM MA block (Billions of Yen) (Billions of Yen) Increase of the amount of cost recovery in ACG a I f th…
  19. November 2011 Financial Results – Inpex Corp – slide 19
    Balancee Sheets e Sheets (Billi (Billions of yen) f ) M 11 Mar.11 S Sep. 11 11 Ch Change %Ch %Change Current assets 2.9 492 523.1 30.2 6.1% Tangible fixed assets Tangible fixed assets 3799.8 98 379 6 379.6 (0 2) (0.2)…
  20. November 2011 Financial Results – Inpex Corp – slide 20
    Statements off Cash Flows Statements of f Cash Flows (Billions of Yen) Apr.Sep. 10 Apr.Sep. 11 Change %Change Income before income taxes and minority interests Income before income taxes and minority interests 220 1 220.1 332 4…
  21. November 2011 Financial Results – Inpex Corp – slide 21
    Differences between Consolid dated Financial Forecasts and Actual Results for the six mon Actual Results for the six mon nths ended September 30 2011 nths ended September 30, 2011 Assumptions (August 3, 2011) 1st half (Previous…
  22. November 2011 Financial Results – Inpex Corp – slide 22
    Revisions of Fin nancial Forecasts for the year endin for the year endin ng March 31 2012 ng March 31, 2012 Assumptions (August 3, 2011) 1st half 2nd half Full year Crude oil price (Brent) (US/bbl) 106.1 95.0 100.5 Exchange…

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