PTT Analyst Meeting 2006 Performance 27 February 2007
Activities & Operational Results Growing the Future Conclusion 3
Summary 2006 PTT Payment of interim dividend at 5 Baht/share (25% payout ratio) on August 23, 2006 To propose for shareholders approval the dividend payment of 10.50 Baht/share (31% payout ratio) GAS BUSINESS 3rd Pipeline 1st phase…
Performance Highlights : Record 2006 results 2006 Total Gas PTTEP Refining Petrochem Oil Revenues 1,213,985 Bt mm +31% 1,213,985 5 mth. +24% Conso. Gas Group 926,269 RRC 995,443 22% Conso. 805,263 PTTCH Petchem +17% - 46% 10%…
Pipeline Business : Stable Incomes & Solid Growth 1ST & 2nd Pipeline are fully utilized while 3rd Pipeline will start commissioning in March 2007 Gas sales volumes (mmcfd) heat 1,000 + 3% 3,084 2,996 Customer Profile 301 +14% 264…
Gas Separation Plants : Strategic Value Creators Natural gas is utilized to the fullest potential through gas separation separation plants Sales Volume (x 1,000 tons) Product Prices (/ton) 1,343 + 6% 1,275 PP 3,668 1,186 3,462…
PTTEP : Growth Engine & Cash Generator PTT holds 66.09% in PTTEP (as of 31 December 2006). In 2006, Avg. sales price has rose more than 20% Liquid with sales volume growth 10% 17% Oversea 29% Unit : Bt mm Maintain solid financials…
Oil Business : Strong Leadership Position with No.1 market share PTT is a market leader in oil retails at 35% market share with 1,238 gas stations nationwide. Oil Marketing : sales volume 247 kboe/d - 3% Unit : Baht/Litre Avg. Gross…
Refining Subsidiaries : 2006 Resulted from low GRM and stock loss Cooperation among refineries improves security of supply and helps helps manage supply chain efficiently. PTT Group represents 34% of total refining capacity by equity…
Petrochemical Affiliates : Better performance from volume & price PTT focuses on gas- gas-based petrochemical business to create more values from natural gas assets. Capacity expansion and diversified portfolio Ethane, Propane,…
Consolidated Income Statements : Year ended 2006 Unit : Bt mm 2005 2006 Change %Change Sales 926,269 1,213,985 287,716 31 S&A expenses 21,344 28,668 7,324 34 EBITDA 114,045 142,675 28,630 25 DD&A 17,479 26,755 9,276 53 EBIT 96,566…
Balance Sheets : Strong Financial Position with Low Gearing PTT is fully committed to maintain solid & secure financial position. position. Balance Sheets Increased in PP&E and Unit : Bt mm recognized RRC, BCP, Financial Ratios…
Debt Profile : Control Cost & Manage Risk Debt portfolio is structured to minimize financial risks. Debt Portfolio Consolidated debt Bt219bn (6bn) Unit : Bt mm Yen USD 219,282 219,168 THB 201,526 7,033 PTTEP (3%) 4% 176,072 PTT…
Activities & Operational Results Growing the Future Conclusion 15
CAPEX & Investments : Growing the Future PTT plans to invest Bt210bn (5.5bn) during 2007- 2007-2011, mostly into expanding gas business. Gas Oil JV Others PTTEP PTTCH PTT PTTs CAPEX Bt209,151m (5.5bn) 85,000 Unit : Bt mn during…
Strategic Roadmap : Core Value Creators Infrastructure is under expansion to enhance capability to meet rising gas demand. Gas Demand Outlook Unit : mmscfd 6,000.00 0 1 1 ) 11% A G R (2006-2 5,000.00 C Industry 19% 4,000.00…
Strategic Roadmap : Integrated Value Enhancers - Refinery New businesses are under development to utilize assets, enhance competitiveness, and diversify risks. 2006 2008 2009 2010 2011 Total 2007 (MM) CDU-3 Debot Refining…
Strategic Roadmap : Integrated Value Enhancers - Petrochemical New businesses are under development to utilize assets, enhance competitiveness, and diversify risks. 2007 2008 2009 2010 Total (MM) Debot I 140MM Debot II 75MM Ethylene…
Activities & Operational Results Growing the Future Conclusion 20
Outlook 2007 With Geopolitics and Macroeconomics back to normal, world oil prices should sustain at current level; Dubai crude oil price is expected to range between 50-55/bbl. FX for 2007 is expected to average 36 Baht/US PTTs…
Thank you PTT Public Company Limited Capital Market & Investor Relations Department Tel. +66 2 537-2792, Fax. +66 2 537-2791, Email: irpttplc.com, http://www.pttplc.com/
Supplement 23
Hydrocarbon Value Chain PTT Group has strong presence in various sectors throughout the hydrocarbon value chain. Upstream Intermediate Downstream End Customers Natural Gas Mix Electricity Power Plants Natural Gas Industry…
Group Gas Business Group Oil Business Group Petrochemical & Refining Subsidiaries Consolidate Subsidiaries Consolidate Petrochemical PTT Exploration & Production Plc. PTTEP 66.13% PTT International Trading Pte. PTTT 100.00%…
PTT : The Largest Public Company in Thailand Ownership : Ministry of Finance Direct and Indirect Indirect 68%, Public 32% Total Market Cap. Bt5.24tr (146bn) TPI 9.5% PTTCH 6.0% TOP 8.4% RRC 3.8% PTT 11%% PTT Group PTTEP 25.1%…
Recognition : Confidence & Credibility PTT is widely recognized among business community both local and international. PTT ratings are comparable to sovereign ratings Foreign : Moodys (A2) / S&P (BBB+) Local : Moodys (A2) / S&P (A-)…
Strategic Intents Drive Specific Sector Actions Roles in Portfolio Business Areas Strategic Intents Strategic actions Grow aggressively Create value & achieve international revenue in Thailand Plus and E&P target beyond 20% of total…
Energy Consumption : Growing along with Economic Expansion Oil and gas are major sources of energy and likely to remain so for many years. Energy consumption forecast (CAGR during 2007-2015) kboed : Total 5% 3,000 : Gas 6% : Oil…
Natural Gas : Strong and Increasing Demand over Long Term Natural gas is a fuel of choice for power producers and increasingly increasingly transportation industry. Gas demand forecast (CAGR during 2007-2015) mmscfd : Total 8% :…
Natural Gas Price Structure Gas prices are mostly agreed under long- long-term contracts and volatility pass- pass-through to ensure stable returns. Sales Price Structure Customers Gas Pool Price + Supply Margins + Pipeline…
Schedule : Major Projects Key projects are strategically linked and timely corresponding to to meet demand. PTTs Natural Gas Pipeline Network 3rd Pipeline (Onshore & Offshore) Onshore: completed in March 2006 Offshore: COD March…
Refining Industry Strong leadership position ensures stable supply to downstream and and related businesses. PTT Group represents 34% of total refining capacity by equity portion Total refining capacity 1,012 kbpd RPC 2% ESSO…
Dividend Policy & Historical Payments PTT is firmly committed to pay dividend at no less than 25% of net net income. EPS DPS % Dividend Payout 32.4% 32.6% 30.1% 30.3% 30.9% 29.8% PTTs minimum payout ratio 25% 34.02…
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