2nd quarter 2011 21st July 2011 1 Business segments as of 21st July 2011 62.1% Bonheur ASA Ganger Rolf ASA (listed OSE) (listed OSE) 20.7% Offshore drilling Floating production Renewable energy Cruise Shipping Other…
Bonheur ASA - Highlights 2Q 11 (2Q 10 in brackets) Operating revenues were NOK 2 425 million (NOK 2 397 million) Operating result before depreciation (EBITDA) was NOK 1 127 million (NOK 1 123 million) Operating profit (EBIT) was…
Bonheur ASA Group of Companies Segment analysis EBITDA NOK million EBITDA per segment 2Q 11 2Q 10 Change Offshore Drilling 930 971 -42 Floating Production 70 93 -23 Renewable Energy 84 21 63 Cruise 64 58 7 Shipping -2 -7 5…
Bonheur ASA Group of companies Cash flow statement (NOK million) Per Per 2Q 11 2Q 10 Net cash flow from operating activities 788 1 080 Net cash flow from investing activities -1 525 -2 554 Net cash flow from financing…
Ganger Rolf ASA - Group of companies Consolidated summary NOK million Per Per 2Q 11 2Q 10 2Q 11 2Q 10 Revenues 2 2 4 4 EBITDA -8 -7 -18 -16 EBIT -8 -8 -19 -17 Share of net result from associates 170 -7 287 17 Net finance -18…
Ganger Rolf ASA Group of companies Condensed statement of Financial Position NOK million 30.06 31.03 NOK million 30.06 31.03 2011 2011 2011 2011 Deferred tax asset 36 30 Total equity 4 657 4 872 Property, plant and equipment 44 44…
Fred. Olsen Energy Highlights 2Q 11 (2Q 10 in brackets) Revenues were NOK 1 629 million (NOK 1 634 million) EBITDA was NOK 929 million (NOK 971 million) Operating profit (EBIT) was NOK 633 million (NOK 654 million) Profit before…
Fred. Olsen Energy Contract schedule as per 21st July 2011 2010 2011 2012 2013 2014 Belford Anadarko Blackford Reliance Undiscl. Karoon Bideford Statoil Statoil Borgland Consortium Bredford AGR 2) 2) Lundin 3) Lundin…
Fred. Olsen Production ASA FPSO Knock Allan 17 Fred. Olsen Production Highlights 2Q 11 (2Q 10 in brackets) Revenues USD 29.6 million (USD 30.2 million) 100% commercial up-time in 2Q 2011 EBITDA was USD 12.9 million…
Contract status per 21st July 2011 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 P t l Nautipa Petrolo N ti V l Vaalco - Gabon G b 2 option 2y ti Knock Adoon Addax Petroleum - Nigeria 8y option…
Fred. Olsen Renewables AS Windfarm Pauls Hill, Scotland 21 Fred. Olsen Renewables Overview Four windfarms in Scotland (315.5 MW) and two turbines in Sweden (1.2 MW) in operation during the quarter. The cooperation…
Fred. Olsen Renewables Project Portfolio wind power Site Investigation Development Consented Construction Operation Scotland Scotland 40-50 MW Scotland Sweden Scotland Crystal Rig III Mid Hill 75 MW Kiaby 6 MW Crystal Rig 62.5…
Fred. Olsen Renewables Projects in the UK and Ireland Rothes 50.6 MW Pauls Hill 64.4 MW Rothes II 40 MW Mid Hill 75 MW Mid Hill II 18 MW Crystal Rig 62.5 MW Crystal Rig II 138 MW Crystal Rig III 28 MW Brockloch Rig 90 MW…
Fred. Olsen Cruise Lines Overview Owned and operated four cruise ships during 2Q 2011; MV Black Watch,, MV Braemar,, MV Boudicca,, MV Balmoral Higher prices on fuel- and bunker oil impacted the result negatively 29…
Shipping Suezmax tanker Knock Clune 31 Shipping Overview Ownership of 2 suezmax vessels (Knock Sheen and Knock Clune) and 1 reefer vessel. Fred. Olsen Windcarrier AS has under construction two transport -and installation…
Other investments GenoMar AS (60.6%) GenoMar AS is a life science aquaculture company focusing on breeding the white fish Tilapia Operations mainly in the Far-East with breeding, hatchery, grow out and sale of the fish as a verifiable…