Skip to main content Third Quater Financial Results – Keppel Corporation Limited Investor Presentation | Shale Experts
Loading...
Pm

Third Quater Financial Results – Keppel Corporation Limited

Keppel Corporation Limited · Oct 21, 2014 · 28 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. Third Quater Financial Results – Keppel Corporation Limited – slide 1
    Third Quarter and Nine Months 2014 Financial Results 21 October 2014 1 Scope of Briefing Address by CEO Group Financial Highlights by CFO 2
  2. Third Quater Financial Results – Keppel Corporation Limited – slide 2
    Address by CEO 3 Global Economy Encouraging signals from US Lacklustre recovery in Eurozone Slowdown in emerging economies China settling into acceptable rate of growth 4
  3. Third Quater Financial Results – Keppel Corporation Limited – slide 3
    Performance Highlights 3Q 2014 net profit was S414m 9M 2014 net profit was S1,159m 9M 2014 EVA was S1,032m Annualised ROE was 14.5% 5 Offshore & Marine Net orderbook as at 30 September 2014 Newbuild Newbuild…
  4. Third Quater Financial Results – Keppel Corporation Limited – slide 4
    Offshore & Marine Execution excellence in Brazil DSSTM38E semis 1st unit: over 75% completed 2nd unit: over 40% completed First DSSTM38E semi 3rd unit: almost 20% completed FPSOs Cidade de Mangaratiba: safety and early delivery…
  5. Third Quater Financial Results – Keppel Corporation Limited – slide 5
    Infrastructure Doha North Sewage Treatment Works, Qatar Senoko WTE Plant, Singapore Doha North Sewage Treatment Works testing and commissioning underway. Greater Manchester EfW Plant Phase 1 close to completion; Phase 2 on…
  6. Third Quater Financial Results – Keppel Corporation Limited – slide 6
    Property About 1,900 homes sold in Asia in 9M14. Sold more than a quarter of 500 homes at Highline Residences, Singapore. Potential new launches: Hill Crest Villa, Chengdu Waterfront Residence, Nantong Highline Residences,…
  7. Third Quater Financial Results – Keppel Corporation Limited – slide 7
    Group Financial Highlights by CFO 13 3Q 2014 Financial Performance Net Profit 9% to S414m EPS 9% to 22.9cts EVA from S332m to S620m Free Cash Flow from outflow of S83m to inflow of S655m 14
  8. Third Quater Financial Results – Keppel Corporation Limited – slide 8
    3Q 2014 Financial Highlights Sm 3Q 2014 3Q 2013 % Change Revenue 3,185 2,947 8 EBITDA 632 633 - Operating Profit 565 568 (1) Profit Before Tax 642 670 (4) Net Profit 414 457 (9) EPS (cents) 22.9 25.3 (9) 15 3Q 2014…
  9. Third Quater Financial Results – Keppel Corporation Limited – slide 9
    3Q 2014 Pre-tax Profit by Segments Sm 3Q 2014 % 3Q 2013 % % Change Offshore & Marine 359 56 282 42 27 Infrastructure 54 8 48 7 13 Property 198 31 316 47 (37) Investments 31 5 24 4 29 Total 642 100 670 100 (4) 17 3Q 2014…
  10. Third Quater Financial Results – Keppel Corporation Limited – slide 10
    9M 2014 Financial Performance Net Profit from 1,161m to S1,159m EPS 63.9cts Annualised ROE from 16.3% to 14.5% EVA from S736m to S1,032m Cash Outflow from S1,022m to S127m Net Gearing from net gearing of 0.11x to 0.19x…
  11. Third Quater Financial Results – Keppel Corporation Limited – slide 11
    9M 2014 Revenue by Segments Sm 9M 2014 % 9M 2013 % % Change Offshore & Marine 6,180 66 5,055 58 22 Infrastructure 2,259 24 2,484 28 (9) Property 896 10 1,230 14 (27) Investments 23 - 13 - 77 Total 9,358 100 8,782 100 7…
  12. Third Quater Financial Results – Keppel Corporation Limited – slide 12
    9M 2014 Net Profit by Segments Sm 9M 2014 % 9M 2013 % % Change Offshore & Marine 753 65 660 57 14 Infrastructure 105 9 124 11 (15) Property 221 19 340 29 (35) Investments 80 7 37 3 116 Total 1,159 100 1,161 100 - 23 Net…
  13. Third Quater Financial Results – Keppel Corporation Limited – slide 13
    Free Cash Flow 9M 2014 9M 2013 Sm Sm Operating profit 1,447 1,388 Depreciation & other non-cash items 90 127 1,537 1,515 Working capital changes (1,673) (1,832) Interest & tax paid (335) (547) Net cash used in operating…
  14. Third Quater Financial Results – Keppel Corporation Limited – slide 14
    3Q & 9M 2014 Results Q&A 27 Additional Information 28
  15. Third Quater Financial Results – Keppel Corporation Limited – slide 15
    Revenue by Geography 9M 2014 Total Overseas Singapore Sm Customers Customers % % Offshore & Marine 6,180 92 8 Infrastructure 2,259 13 87 Property 896 45 55 Investments 23 18 82 Total 9,358 68 32 68% of total revenue came from…
  16. Third Quater Financial Results – Keppel Corporation Limited – slide 16
    Capital/Gearing/ROE Sm 30 Sep 2014 31 Dec 2013 Shareholders Funds 10,057 9,701 Capital Employed 14,105 13,689 Net Debt 2,738 1,535 Net Gearing Ratio 0.19x 0.11x ROE 14.5% 19.5% 31 31 OFFSHORE & MARINE 32
  17. Third Quater Financial Results – Keppel Corporation Limited – slide 17
    Financial Highlights Offshore & Marine Sm 3Q 2014 3Q 2013 % Change Revenue 2,199 1,535 43 EBITDA 365 287 27 Operating Profit 329 253 30 Profit Before Tax 359 282 27 Net Profit 252 215 17 33 33 Financial Highlights…
  18. Third Quater Financial Results – Keppel Corporation Limited – slide 18
    Offshore & Marine Review S471 million contracts secured in 3Q 2014: 1 Jackup, 1 FPSO Conversion, 1 Submersible Barge, 1 Jackup Repair, 1 Semi Repair and 1 Platform Repair. Major contract completions in 3Q 2014: 3 Jackups, 1 Semi…
  19. Third Quater Financial Results – Keppel Corporation Limited – slide 19
    INFRASTRUCTURE 37 Financial Highlights - Infrastructure Sm 3Q 2014 3Q 2013 % Change Revenue 762 877 (13) EBITDA 84 70 20 Operating Profit 57 46 24 Profit Before Tax 54 48 13 Net Profit 38 34 12 38 38
  20. Third Quater Financial Results – Keppel Corporation Limited – slide 20
    Financial Highlights - Infrastructure Sm 9M 2014 9M 2013 % Change Revenue 2,259 2,484 (9) EBITDA 239 215 11 Operating Profit 161 159 1 Profit Before Tax 149 169 (12) Net Profit 105 124 (15) 39 39 PROPERTY 40
  21. Third Quater Financial Results – Keppel Corporation Limited – slide 21
    Financial Highlights - Property Sm 3Q 2014 3Q 2013 % Change Revenue 219 532 (59) EBITDA 160 269 (41) Operating Profit 155 262 (41) Profit Before Tax 198 316 (37) Net Profit 92 193 (52) 41 41 Financial Highlights -…
  22. Third Quater Financial Results – Keppel Corporation Limited – slide 22
    INVESTMENTS 43 Financial Highlights - Investments Sm 3Q 2014 3Q 2013 % Change Revenue 5 3 67 EBITDA 23 7 229 Operating Profit 24 7 243 Profit Before Tax 31 24 29 Net Profit 32 15 113 44 44
  23. Third Quater Financial Results – Keppel Corporation Limited – slide 23
    Financial Highlights - Investments Sm 9M 2014 9M 2013 % Change Revenue 23 13 77 EBITDA 51 22 132 Operating Profit 51 22 132 Profit Before Tax 81 59 37 Net Profit 80 37 116 45 45 This release may contain…
  24. Third Quater Financial Results – Keppel Corporation Limited – slide 24
    ADDRESS BY KEPPEL CORPORATION LIMITEDS CHIEF FINANCIAL OFFICER, CHAN HON CHEW AT THE 9M 2014 RESULTS PRESENTATION TUESDAY, 21 OCTOBER 2014 1. Group Financial Highlights by CFO (Slide 13) 2. 3Q 2014 Financial Performance (Slide…
  25. Third Quater Financial Results – Keppel Corporation Limited – slide 25
    4. 3Q 2014 Revenue by Segments (Slide 16) Overall revenue rose by 8%, driven largely by the revenue growth in the Offshore & Marine division, which continues to be the main contributor to the Groups revenue at 69%. Offshore &…
  26. Third Quater Financial Results – Keppel Corporation Limited – slide 26
    7. 9M 2014 Financial Performance (Slide 19) Now I shall take you through the performance for the first nine months of the year. Net profit for the first nine months of 2014 of 1.16 billion is the same level as that for the same…
  27. Third Quater Financial Results – Keppel Corporation Limited – slide 27
    10. 9M 2014 Pre-tax Profit by Segments (Slide 22) Higher revenues in the Offshore & Marine division drove an 18% increase in pre- tax profit for the first nine months of the year. Net investment and interest income was higher, partly…
  28. Third Quater Financial Results – Keppel Corporation Limited – slide 28
    13. Free Cash Flow (Slide 25) In the first nine months of 2014, the Group continued to generate strong cash flows from its operations. 1.54 billion of cash flow was generated from operations, 22 million more than the previous year.…

From the store

Browse maps, data & reports in the Shale Experts store