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Financial Results for the three months ended June 30 2014 – Inpex Corp

Inpex Corp · Aug 6, 2014 · 16 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. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 1
    Financial Results for the three months ended June 30, 2014 INPEX CORPORATION August 6, 2014
  2. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 2
    Subsidiaries and Affiliates 65 consolidated subsidiaries Major subsidiaries Country/region Ownership Stage Accounting term March (provisional Japan Oil Development UAE 100% Production settlement of account) INPEX Natuna Indonesia…
  3. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 3
    Highlights of the Consolidated Financial Results for the three months ended June 30, 2014 Apr.Jun. 13 Apr.Jun. 14 Change %Change Net Sales (Billions of yen) 302.5 341.1 38.6 12.8% Crude Oil Sales 190.6 226.4 35.8 18.8% Natural Gas…
  4. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 4
    Crude Oil Sales Apr.Jun. 13 Apr.Jun. 14 Change %Change Net Sales (Billions of yen) 190.6 226.4 35.8 18.8% Sales volume (Mbbl) 18,689 20,319 1,629 8.7% Average unit price of overseas 103.06 108.84 5.78 5.6% production (/bbl)…
  5. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 5
    Natural Gas Sales (excluding LPG) Apr.Jun. 13 Apr.Jun. 14 Change %Change Net Sales (Billions of yen) 101.9 103.8 1.8 1.8% Sales volume (MMcf) 81,348 75,512 (5,836) (7.2%) Average unit price of overseas 12.59 13.10 0.51 4.1%…
  6. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 6
    Analysis of Net Sales Increase (Billions of Yen) Crude Oil +12.1 Natural Gas (including LPG) +6.5 Crude Oil +7.1 Natural Gas (including LPG) +2.9 400 Crude Oil +16.5 Natural Gas (including LPG) (7.6) 10.1 0.9 18.6 8.9 300…
  7. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 7
    Statement of Income Crude Oil sales : 226.4 (Billions of Yen) Apr.Jun. 13 Apr.Jun. 14 Change %Change (Change) +35.8 Net Sales 302.5 341.1 38.6 12.8% Natural Gas sales* : 109.7 (Change) +1.8 Cost of Sales 118.0 131.8 13.7 11.7%…
  8. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 8
    Other Income/Expenses (Billions of Yen) Apr.Jun. 13 Apr.Jun. 14 Change %Change Other income 8.4 19.0 10.5 124.5% Interest income 4.7 2.3 (2.3) (50.7%) Dividend income 1.2 1.4 0.1 15.4% Equity in earnings of affiliates 3.5 3.5…
  9. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 9
    Analysis of Net Income Increase () (Billions of Yen) 80 22.1 70 10.1 0.9 60 18.6 (13.7) 50 (1.6) (18.9) (2.0) (1.9) 40 8.9 Main Factor Foreign exchange gain +18.5 Equity in earnings of affiliates +5.6 30 52.4 20 29.9…
  10. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 10
    Revised Financial Forecasts for the year ending March 31, 2015 Assumptions (May 9, 2014) 1st half 2nd half Full year Crude oil price (Brent) (US/bbl) 105.0 105.0 105.0 Exchange rate (yen/US) 100.0 100.0 100.0 (Aug. 6, 2014) 1st…
  11. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 11
    Appendix
  12. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 12
    LPG Sales Apr.Jun. 13 Apr.Jun. 14 Change %Change Net Sales (Billions of yen) 5.9 5.9 0.0 0.7% Sales volume (Mbbl) 797 735 (62) (7.7%) Average unit price of overseas 76.58 79.26 2.68 3.5% production (/bbl) Average unit price of…
  13. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 13
    Balance Sheet (Billions of yen) Mar. 14 Jun. 14 Change %Change Available fund (Billions of yen) 1,340.9* Current assets 1,140.2 1,165.6 25.4 2.2% Breakdown Cash and deposits : 635.2 Tangible fixed assets 951.7 1,035.1 83.4 8.8%…
  14. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 14
    Statement of Cash Flows (Billions of Yen) Apr.Jun. 13 Apr.Jun. 14 Change %Change Income before income taxes and minority interests 150.6 194.0 43.4 28.9% Depreciation and amortization 11.8 12.8 1.0 8.9% Recovery of recoverable…
  15. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 15
    Net Production* (Apr. 2014 Jun. 2014) Oil/Condensate/LPG 1% 1% 17% 231Mbbl/day 3 2 38 25 11% Japan Total Asia/Oceania 162 397MBOE/day Eurasia Middle East/Africa 5% 6% 70% Americas 20 24 Natural Gas 11% 13% 885MMcf/day…
  16. Financial Results for the three months ended June 30 2014 – Inpex Corp – slide 16
    Crude Oil Prices USD/bbl 130.00 Brent WTI Dubai 120.00 110.00 100.00 90.00 80.00 70.00 60.00 Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. 2013 2014 1Q 1Q 2013 (Apr. 2014 (Apr. Jun.) Jun.) Apr.…

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