2 quarter 2015 and first half year 2015 15 July 2015
Business segments as of 15 July 2015 62.7% Bonheur ASA (listed OSE) Ganger Rolf ASA (listed OSE) 20.7% Offshore drilling Renewable energy Shipping/Offshore wind Cruise Other investments 51,9% 100% 100% 100% Fred. Olsen…
Bonheur ASA - Group of companies - Summary 2Q 2015 (2Q 14 in brackets) Operating revenues were NOK 3 918 million (NOK 2 771 million) Operating result before depreciation (EBITDA) was NOK 1 884 million (NOK 845 million)…
Bonheur ASA - Group of companies - Consolidated summary 1 half year 1 half year 2Q 15 2Q 14 2015 2014 Revenues 3 918 2 771 7 625 5 471 EBITDA 1 884 845 3 519 1 720 EBIT -2 316 158 -1 592 504 Share of result from associates 0 114…
Bonheur ASA - Group of Companies - Segment analysis EBITDA 6
Bonheur ASA - Group of companies - Segment analysis EBITDA 1 half year 1 half year Change (NOK million) 2015 2014 Offshore drilling 2 838 1 261 1 577 Renewable energy 444 288 156 Shipping /Offshore wind 133 215 -82 Cruise 116…
Bonheur ASA - Group of companies - Segment analysis EBITDA 8
Bonheur ASA - Group of companies - Condensed statement of Financial position (NOK million) Per 30.06.15 Per 31.12.14 Per 30.06.15 Per 31.12.14 Intangible fixed assets 1 126 1 060 Deferred tax asset 291 275 Equity owned by…
Bonheur ASA - Group of companies - Cash flow statement 1 half year 2014 (NOK million) 2015 Net cash flow from operating activities 2 866 3 109 Net cash flow from investing activities -2 471 -6 483 Net cash flow from financing…
Ganger Rolf ASA - Group of companies - Consolidated summary 1 half year 1 half year 2Q 15 2Q 14 2015 2014 Revenues 0 0 0 0 EBITDA -13 -17 -28 -33 EBIT -13 -17 -29 -34 Share of result from associates -743 29 -518 101 Net…
Ganger Rolf ASA - Group of companies - Segment analysis - Net result Net result per segment 2Q 15 2Q 14 Change Offshore drilling -671 11 -682 Renewable energy 12 -19 31 Shipping/Offshore wind 19 51 -32 Cruise 12 -28 40 Other -78…
Ganger Rolf ASA - Group of companies - Condensed statement of Financial Position (NOK million) Per 30.06.15 Per 31.12.14 Deferred tax asset 0 0 Property, plant and equipment 34 34 Investments in associates 7 964 6 848 Other…
Offshore drilling Fred. Olsen Energy ASA
Offshore drilling - Financial summary 2Q 2015 (2Q 2014 in brackets) Revenues were USD 326 million (USD 273 million) EBITDA were USD 209 million (USD 107 million) Impairment of USD 419 million Operating profit (EBIT) was USD…
Offshore drilling - Key financials As per first half year (NOK million) 2015 2014 Revenues 4 730 3 331 EBITDA 2 838 1 261 NOK mill. EBIT -1 869 352 3 000 EBT -1 945 247 Non-current assets 21 416 17 633 2 000 Current assets 4 210 3 294…
Renewable energy Fred. Olsen Renewables AS
Renewable energy - Overview Total production capacity of 504.1 MW Six operating wind farms in Scotland (432.8MW) One operating wind farm in Norway (71.3 MW) Construction: Fbodliden (78 MW) in Sweden is under construction with…
Business Model and Project Portfolio Site Investigation Development Consented Construction Operation Scotland Scotland 100-180 MW Scotland Sweden Scotland Crystal Rig extension Crystal Rig III 14 MW Fbodliden - 78 MW Crystal Rig…
Projects in the UK and Ireland
Projects in Scandinavia
Renewable energy - Key financials As per first half year (NOK million) 2015 2014 Revenues 625 396 NOK mill. EBITDA 444 288 450 EBIT 245 144 400 EBT 193 65 350 Non-current assets 4 855 4 033 300 Current assets 5 063 1 532…
Renewable energy - Wind farms 25
Shipping / Offshore wind Fred. Olsen Ocean Ltd. - Fred. Olsen Windcarrier AS - Universal Foundation Norway AS
Shipping / Offshore wind - Overview Fred. Olsen Windcarrier Two transport and installation jack-up vessels for offshore wind turbines; Brave Tern (2012) and Bold Tern (2013) Contracts: Commissioning support contract for Brave Tern at…
Shipping / Offshore wind Key financials As per first half year (NOK million) 2015 2014 Revenues 578 705 NOK mill. EBITDA 133 215 500 EBIT 67 147 450 EBT -4 116 400 Non-current assets 2 410 2 448 Current assets 758 911 350 Total…
Shipping / Offshore wind - Vessels 29
Cruise Fred. Olsen Cruise Lines Ltd.
Cruise - Overview Owns and operates four cruise ships; MV Black Watch MV Braemar MV Boudicca MV Balmoral Offers a diverse range of cruise holidays from long round the world trips to ex UK cruises to Scandinavia,…
Cruise - Key financials As per first half year (NOK million) 2015 2014 Revenues 1 013 795 NOK mill. EBITDA 116 7 600 EBIT 3 -82 EBT 18 -102 500 Non-current assets 1 606 1 426 Current assets 431 389 400 Total assets 2 037 1 815…
Cruise Ships Boudicca Braemar Balmoral Black Watch 33 33
Other Investments NHST Media Group AS - Koksa Eiendom AS - Various
Other investments - Overview NHST Media Group AS (54.0%) Comprising four main business segments; Dagens Nringsliv, Digital & Nordic (New Media, Europower, TDN), Global (Tradewinds, Upstream, Intrafish and Recharge) and Nautical…