KCA Deutag Deutsche Bank Annual European Leveraged Finance Conference June 2016 www.kcadeutag.com Private & Confidential Not for Onward Distribution
1 Company Overview www.kcadeutag.com Private & Confidential Not for Onward Distribution
Market-leading international drilling & engineering company Integrated Land Drilling Offshore Drilling Services & Design US186.4m LTM EBITDA to Q1 2016 (61.4% of total) US95.7m LTM EBITDA to Q1 2016 (31.6% of total) Land Drilling…
Operating across a balanced and diverse range of countries PRESENCE IN KEY AREAS 150 128 120 90 Years 57 52 60 42 17 30 0 Europe North Middle North Russia Canada Africa East Sea 1 Plat. North Sea Russia St. /Norway…
High-quality customer base Key customers by division Customer diversification LTM Q1 2016 Integrated Offshore Drilling Land Drilling Services & Design Others IOC IOC IOC NOC NOC NOC NOC NOC IOC NOC c.32% of…
Market Overview Oil price fell below 30 / bbl in January 2016 resulting in increased market uncertainty Significant reduction in capex spending since the peak in 2014 Analysts are expecting 2017 capex to decline by a further…
Operating in markets less impacted by the oil price reduction Themes KCAD relevance Supporting data KCAD operates in drilling environments with lower lifting costs Focused on Oil revenues are often critical to government budgets…
Health, safety and environmental performance IADC industry average 0.602 for 2015 KCAD TRIR at end of Q1 2016 KCA Deutag has continued to achieve satisfactory safety results was 0.441 injuries The group continues to perform…
High level of forward earnings visibility, with 5.9bn backlog Companys backlog1 (m) at 1 May 2016 including options Comments Current total backlog of 5.9bn1 including options Platform Services Long term contracts typically 3-5 years…
Robust platform services contract backlog 1 May 2016 11 Private & Confidential Not for Onward Distribution
Well invested land fleet supporting utilisation Rejuvenation of the land rig fleet Significant investment in the land rig fleet over recent years All are high specification rigs built for the premium land drilling market New…
Experienced management team supported by committed shareholders Senior management Comments Name, Title Biography Current consortium of investors acquired KCA Deutag in March 2011 Norrie McKay Shareholders have demonstrated…
2 Financials www.kcadeutag.com Private & Confidential Not for Onward Distribution
LTM Q1 2016 Business Unit Performance Land Utilisation remains soft in Nigeria, Europe and Kurdistan Increased market uncertainty with additional pricing pressure, indications of activity reduction and contract terminations New…
LTM Group margin performance 16 Private & Confidential Not for Onward Distribution
Q1 2016 Capital Structure Net debt / LTM EBITDA Available Liquidity Debt maturity profile (m) 17 Private & Confidential Not for Onward Distribution
Closing remarks: KCA Deutag summary 1. Market leading international drilling and engineering company Unique provider of end to end expertise across the drilling sector All four business units recognised by the global oil majors as…
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