Conference call 9.30 am CET Webcast available at www.maersk.com A.P. Mller Mrsk A/S Interim Report 17 August 2011
Forward-looking Statements This presentation contains forward-looking statements. Such statements are subject to risks and uncertainties as various factors, many of which are beyond A.P. Mller - Mrsk A/S control, may cause actual…
Highlights Challenging markets with excess capacity within tanker and liner shipping Satisfaction with operational performance in H1 as business units are competitive Future growth enhanced through more than USD 12bn in…
Financial Highlights H1 2011 Group result Financial highlights H1 2011 USD million 4,073 H1 2010 H1 2011 5,000 2,733 Improved operational performance in most 4,000 3,000 2,000 business units relative to peers 1,000 -2,877 0…
Container Activities (USD million) H1 2011 H1 2010 Index Highlights H1 2011 Revenue 13,244 12,575 105 Volume increased by 6%. Rates declined by 3% EBITDA 1,088 2,115 51 despite a 26% increase in bunker price Sales gains 118 21 562 Unit…
Oil & Gas Activities (USD million) H1 2011 H1 2010 Index Highlights H1 2011 Revenue 6,583 5,036 131 11% lower production share as the natural Exploration costs 355 180 197 decline was accelerated by high oil price and EBITDA 5,434…
Oil & Gas Activities Maersk Oils pipeline of major field developments Field (Country) Planned production start Equity share Share of production Dunga (Kazakhstan) 2012 60% 15,000 boepd El Merk (Algeria) 2012 11% 10,000 boepd…
Terminal Activities (USD million) H1 2011 H1 2010 Index Highlights H1 2011 Revenue 2,212 2,093 106 3% volume growth and 8% on a like-for-like EBITDA 513 419 122 basis in line with market Profit 304 528 58 ROIC reached 12.2% improved…
Tankers, Offshore & Other Shipping (USD million) H1 2011 H1 2010 Index Highlights H1 2011 Revenue 2,796 2,898 96 Strong performance in Maersk Drilling: EBITDA 887 764 116 Almost full contract coverage for 2011 Sales gains 11 81 14…
Other Segments Retail activities Highlights H1 2011 (DKK million) H1 2011 H1 2010 Index Revenue increased by 2% adjusted for the Revenue 27,639 28,496 97 divestment of 195 retail outlets in UK EBITDA 1,323 1,575 84 27 new stores were…
Consolidated Financial Information Profit & Loss H1 2011 H1 2010 Index (USD million) Revenue 29,927 27,359 109 EBITDA 8,205 7,790 105 Depreciation, amortisation 2,645 2,937 90 and impairment losses Gain on sale of non-current…
Consolidated Financial Information Key figures H1 2011 H1 2010 Index (USD million) Cash flow from operating activities 4,073 4,371 93 - changes in working capital -715 -625 115 Cash flow used for capital expenditure -2,877 -1,923…
Development in Net Interest-bearing Debt USD billion 14 12.4 8.2 12 0.9 11.7 2.9 10 8 2.6 6 0.5 0.7 4 2 0 Net interest EBITDA Change in Financial items Taxes paid CAPEX Dividends and Net interest bearing…
Outlook for 2011 The Group still expects a result lower than the 2010 result, as stated in the interim management statement in May 2011, including the USD 0.7bn gain from the divestment of Netto Foodstores Limited, UK. The Group…
Final Remarks Challenging times we have the financial strength to navigate through volatile markets Container shipping is hurt by excess capacity, however, we will strengthen our service concepts and focus on building a sustainable…
APPENDIX
Consolidated Financial Information Profit & Loss H1 2011 H1 2010 Index (DKK million) Revenue 159,229 153,533 104 EBITDA 43,654 43,714 100 Depreciation, amortisation 14,069 16,478 85 and impairment losses Gain on sale of…
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