QUARTERLY IR UPDATES 4th Quarter 2014 Financial Results & Updates 5th February 2015 Transformation for Success
3 Topic 1 Operational Review 2 Financial Updates 3 New Projects 4 Yard Optimisation 5 Business Environment Quarterly IR Updates 4th Quarter 2014
Overall Project Is 72% Completed After 5.1 Million Manhours 4 TLP Malikai Deepwater Project
Overall Project Is 49% Completed After 3.0 Million Manhours 5 SK316
Overall Project Is 15% Completed After 77.8 Thousand Manhours 6 Besar A
Ongoing Detail Planning 7 Bergading NMB
Refurbishment and Conversion 8 MOPU EP7
Financial Updates 9 Income Statement, QoQ Revenue Income Statement RM m 4Q 2014 3Q 2014 OBU, lesser number of projects in progress Revenue 508.3 539.8 Offshore 422.6 507.3 MBU, higher number of vessels repaired Marine 85.7 32.5…
Financial Updates 10 Income Statement, YoY Revenue Income Statement RM m 12mth Dec14 12mth Dec13 OBU, projects completed and sailed away Revenue 2,700.5 2,884.5 Offshore 2,447.7 2,599.9 MBU, lower value per vessel for Rig/Support…
Financial Updates 11 Balance Sheet Total assets of RM4.5bn Balance Sheet RM m Dec 2014 Dec 2013 Receivables include lower work in progress Non-Current Assets 2,005.5 1,901.6 Inventories 11.7 12.6 Cash balance decrease reflects:…
Financial Updates 12 Order Intake & Backlog Backlog RM million 1,430 Backlog RM million 1,270 5,827 TLP Malikai 919 3,727 SK316 2,937 2,556 2,180 1,772 1,575 Mar09 Mar10 Mar11 Dec11 Dec12 Dec13 Dec14 Dec 2014…
Corporate Updates 13 Shareholding Information 1-Year Share Price RM Technip SA Technip SA 8.50% 8.50% 4.5 0.00% 0.00% 4 Lembaga Lembaga Tabung Haji Tabung Haji 6.13% 6.09% 3.5 PNB & PNB PNB & PNB 3 As At As At Unit Trust…
15 Oil Price and MYR Trending Downward trend for Brent Crude Oil price Weakening MYR vs USD 95.00 MYR vs US dollar 90.00 85.00 3.60 Jan 23 80.00 75.00 RM3.6005 70.00 3.40 65.00 60.00 55.00 3.20 48.47 45.00 40.00 Jan14…
16 Impact to MHB OBU Affect OBUs ability to secure and replenish its current orderbook Overall backlog is RM1.6 billion as at 31 Dec 2014 OBUs backlog is sustainable up to FY2016 with projects such as Malikai TLP, SK316 EPCIC,…
Transformation for Success Thank You Terima Kasih MALAYSIA MARINE AND HEAVY ENGINEERING HOLDINGS BERHAD Level 31, Menara Dayabumi, Jalan Sultan Hishamuddin 50050, Kuala Lumpur, Malaysia Investor Relations Contacts Telephone: +60 (3)…