Skip to main content Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa Investor Presentation | Shale Experts
Loading...
Pm

Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa

Eidesvik Offshore Asa · Aug 13, 2013 · 15 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. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 1
    Presentation 2nd Quarter 2013 Oslo 13.08.2013 CFO Svein Ove Enerstvedt
  2. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 2
    News in 2nd Quarter Shares in the associated company ResQ sold. A gain of MNOK 30 is recorded. The company placed a MNOK 300 unsecured bond with maturity in May 2018 at a margin of 450.
  3. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 3
    News after 2nd Quarter Statoil declared their option for a one year extension of the charter of Viking Queen.
  4. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 4
    News after 2nd Quarter Entered into agreement for sale of Viking Forcados. Delivery to new owners and recording of gain of approximately MNOK 40 expected to take place in 3rd Quarter 2013.
  5. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 5
    2nd Quarter 2013 results Revenues MNOK 242,9 (315,3) (2nd Quarter 2012 in brackets) EBITDA: MNOK 124,6 (198,9) Operating profit MNOK 67,4 (139,2) Pre-tax profit: MNOK 34,1 (49,8) A gain of MNOK 78,2 from sale of the vessels…
  6. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 6
    Results 2nd Quarter 2013 (in million NOK, Gain on sale excluded) Operating revenues The results in 2nd quarter compared to last 300 year are influenced of: 250 -Viking Princess delivered in Q3-12 and operated 200 on contract 150…
  7. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 7
    Cash flow (in million NOK) 2nd Quarter 2nd Quarter 2013 2012 2012 Net cashflow from operating activities 175,3 89,4 491,4 Net cashflow from investment activities 51,7 180,4 (738,3) Net cashflow from finance activities 141,9…
  8. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 8
    Balance (in million NOK) 7 000 6 000 Current assets Short-term liabilities 5 000 Current assets Short-term liabilities 4 000 Long-term liabilities Long-term liabilities 3 000 Fixed assets Fixed assets 2 000 1 000 Equity…
  9. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 9
    Segments Incl. Share of Joint Ventures Excluded gain on sale (MNOK) 2nd Quarter 2013 Seismic Subsea Supply Other Revenues 61,5 108,4 107,6 5,7 Revenues Q2 2013 EBITDA 60,0 62,6 49,1 -13,7 EBIT 32,6 36,1 17,2 -14,0 EBITDA margin 98%…
  10. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 10
    Contract backlog (per 12.08.2013) 10
  11. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 11
    Contract status seismic Viking Vanquish Viking Vision Veritas Viking Viking 2 Veritas Vantage Geo Searcher Oceanic Vega Oceanic Sirius 2013 2014 2015 2016 2017
  12. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 12
    Contract status subsea Subsea Viking Acergy Viking Viking Poseidon Viking Forcados European Supporter Seven Viking Kleven no 365 2013 2014 2015 2016 2017
  13. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 13
    Contract status supply Viking Queen Viking Lady Viking Athene Viking Energy Viking Avant Viking Nereus Viking Prince Viking Princess 2013 2014 2015 2016 2017
  14. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 14
    Market The market for platform supply vessels improved trough second quarter, and we expect the market to be strong in long term for large and vessels with high specification. The Subsea market remains strong with high tender…
  15. Q2 2013 EARNINGS CALL – Eidesvik Offshore Asa – slide 15
    Thanks for Your attention

From the store

Browse maps, data & reports in the Shale Experts store