1. Company Overview The Leading Pure-play Land & Transition Zone Seismic Company in Russia & the CIS Leading pure-play land and transition zone seismic company servicing clients primarily in Russia and the CIS Offers seismic…
1. Company Overview The Leading Pure-play Land & Transition Zone Seismic Company in Russia & the CIS The largest seismic business in Russia (1) Number of Crews in Russia Units Bases and data processing facilities in all the major…
1. Company Overview Geographic Footprint as of 30 June 2014 Key Hydrocarbon Provinces Timano-Pechora Operational Bases / Production Facilities Field Seismic Crews 11 Operational Bases 8 DPI Facilities 67 South Russia YaNAD Field…
1. Company Overview Diversified and Blue Chip Customer Base Key Clients Diversified customer base Strong relationships with all key customers for seismic services including local NOCs, IOCs, international consortia and state…
2. 1H 2014 Highlights Important Events (1/2) Buyout Complted, IGSS Announced Change in Shareholders At the end of 2013 U.C.E. Synttech Holdings Limited (a company owned by the IGSS CEO Nikolay Levitskiy, the February principal…
2. 1H 2014 Highlights Important Events (1/2) IGSS Announced Transition to the New Company Structure The IGSS BOD decided at their meeting to further optimize the Companys corporate ownership and business units management structure.…
2. 1H 2014 Highlights Key Financial Results Revenue Gross Profit RUR MM RUR MM and as % of Revenue 25 000 6 000 19,340 4,146 18,113 18,920 3,690 20 000 21% 4 000 2,746 20% 15 000 11,995 15% 1,887 2,247 10,716 10,398 1,993 16% 21%…
2. 1H 2014 Highlights Order Book Overview As of September 13, 2014, the Companys seismic Seismic Order Book as of 13 September 2012, 2013 and 2014 (1) services order book amounted to approximately RUR RUR MM 28.6BN, of which approx.…
2. 1H 2014 Financial Results Cost Analysis 1H2014 Revenue to Operating Profit Bridge Cost of Sales RUR MM RUR MM 8,405 Other 12 000 10,398 (8,405) 96 382 289 Operating Lease 10 000 1,314 Transportation Services 8 000 983 6 000 D&A…
2. 1H 2014 Financial Results EBITDA to Net Profit Bridge 1H2014 Adjusted EBITDA to Net Income Bridge RUR MM 3 000 2 500 2,154 (1,459) 2 000 1 500 1 000 695 (144) (760) 500 (47) (5) (74) (335) 0 -500 D&A and Current Deferred Net…
2. 1H 2014 Financial Results CAPEX Analysis Capital Expenditures RUR MM Capital expenditures consist primarily of purchases of equipment and software used in our operations, 1800 1,629 repayment of liabilities under finance lease…
3. Russian Seismic Market Overview (1/7) Russias Oil Reserves, Consumption and Production Russia is the second largest crude oil producer after Top-10 Countries by Oil Production 000 bpd Saudi Arabia. Russia in the eighth in the…
3. Russian Seismic Market Overview (2/7) Historical Dynamics of Oil Production and Oil Reserves in Russia Dynamics of Oil Production in Russia In 2013 year oil production volumes in Russia MM Tonnes continued to increase - they grew…
3. Russian Seismic Market Overview (3/7) Russian Oil Reserves Life and Availability of Deposits Reserves Replacement and Availability of Hydrocarbon Deposits Oil Reserves Life: Russia vs Key Regions of the World Years…
3. Russian Seismic Market Overview (4/7) Maintaining Production Key Priority for Russian Government Maintaining or growing production at the rates envisaged by the Russian Energy Strategy will require exploration and development of…
3. Russian Seismic Market Overview (5/7) Oil Extraction Increasingly Complex Oil extraction becoming more complex with only 31% of Russian recoverable reserves characterized as conventional Vast majority of Russian production comes…
3. Russian Seismic Market Overview (6/7) Growing Market Key Market Trends Forecast Growth in Russian Seismic Market MM shot points Strong demand outlook both in greenfield and 1 3D land Total seismic incl. offshore brownfield 2D…
3. Russian Seismic Market Overview (7/7) Strong Demand Growth for High Tech / High Density Surveys Strong growth in 3D activity in recent years as producers Upside to Global Market Standards seek to optimise development and production…
Corporate Governance - Board of Directors Cumulative voting 4 experienced Independent Directors Sergey Generalov Boris Aleshin BOD Committees Chairman, Non-executive Director Independent Non-Executive Director Holds position of…
Appendix B: Detailed Financials for 6 months period ended 30 June 2014 (unaudited) 29 www.igseis.com
Detailed Financials IG Seismic Service Plc Interim Condensed Consolidated Statement of Comprehensive Income For six months ended 000 RUB 30 June 2014 30 June 2013 unaudited unaudited Revenue 10,398,232 10,716,216 Cost of Sales…
Detailed Financials IG Seismic Service Plc Interim Condensed Consolidated Statement of Financial Position At 30 June 2014 At 31 December 2013 000 RUB unaudited audited Assets Non-current assets Property, plant and equipment…
Detailed Financials IG Seismic Service Plc Interim Condensed Consolidated Statement of Cash Flows At 30 June 2014 At 30 June 2013 unaudited unaudited Cash flows from operating activities (Loss)/profit before tax from continuing…
Appendix C: Changes in Shareholder Structure 33 www.igseis.com
Changes in Shareholder Structure Shareholder Structure November 2013 In November 2013 Nyala Investments Limited (formerly Volga Resources), sold its 13% stake in IGSS Free float Nikolay Levitskiy to Industrial Investors Group,…
Historical Stock Performance 12 December 2012 IGSS GDRs commence trading at LSE Main Market 18 September 2014 The issued share capital of IGSS: 20,833,400 shares Nominal value: US 0.01 per share 1 GDRs = 2 ordinary shares IGSS…
Loading...
