Siemens Aktiengesellschaft · XETR:SIE
Siemens Aktiengesellschaft — Siemens — Investor Day (June 2010)
20 slides from Siemens Aktiengesellschaft's investor day presentation, Jun 29, 2010
Slide 1: Siemens Energy: Oil & Gas Division
Siemens Energy: Oil & Gas Division Tom Blades CEO Oil & Gas © Siemens AG 2010. All rights reserved. Nuremberg, June 29, 2010 Capital Market Day Energy © Siemens AG 2010. All rights reserved.
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document contains forward-looking statements and information – that is, statements related to future, not past, events. These statements may be identified by words such as "expects," "looks forward to", "anticipates", "intends", "plans", "believes", "seeks", "estimates",
Slide 3: Comprehensive coverage of all relevant markets
For Industrial Power and Oil & Gas: Comprehensive coverage of all relevant markets Municipalities, Industries, engineering, National (NOC) & international Customers independent power procurement & oil and gas companies (IOC) producers construction companies Service Industrial & municipal power Oil a
Slide 4: Strong order backlog assures sustainability in performance
Strong order backlog assures sustainability in performance Order intake and revenue (€bn) +16.7% +5.9% Increased focus on 5.6 -5.3% solutions 4.7 4.5 4.3 4.0 3.4 Growing proportion of service 2.3 2.1 2.2 2.0 Globalization - regionalization FY 07 FY 08 FY 09 H1 09 H1 10 Early SG&A program Ove
Slide 5: Industrial Power: Widest range, highest efficiency small / medium steam and gas turbines
Industrial Power: Widest range, highest efficiency small / medium steam and gas turbines Combined heat and power Products: - Gas turbines from 5 to 50 MW. - Steam turbines to 250 MW - Operations and maintenance services Solutions: - Simple and combined cycle Solar thermal power - Combined heat and p
Slide 6: Compression & Solutions: Most complete portfolio of compressors, drives & electricals technology
Compression & Solutions: Most complete portfolio of compressors, drives & electricals technology Floating & fixed production units Products & solutions: - Power generation, transmission & distribution - Compression & pumping processes - Drive systems, automation & control systems / IT - Water treatm
Slide 7: Continuing investment in BRIC countries: Hand-in-hand localization & globalization
Continuing investment in BRIC countries: Hand-in-hand localization & globalization India China CAGR 2010-15 CAGR 2010-15 ~ 11 % p.a. Today ~ 500 employees ~ 16 % p.a. Today ~ 400 employees Steam turbines localized Compressors localized Facility expansion 2010 Pipeline co-operation Glob
Slide 8: Energy supply in the future: Global trends support our business
Energy supply in the future: Global trends support our business Depletion CO2 Mitigation Unconventional Gas Mexico – declining production Cantarell ‚peaked‘ in 2004 North Sea, FSU* and non-OPEC Flaring now banned in many Disruptive drilling & producing production has peaked countries; technolo
Slide 9: Depletion solutions extending field life
Depletion solutions extending field life Groningen field Netherlands: NAM* – Exxon & Shell JV Supergiant gas field producing since 1963 296 wells 29 production clusters 1,700 bn m³ of gas produced ~ 60% depleted 1,000 – 1,100 bn m³ remaining – subject to pressure boosting Consortium ar
Slide 10: Reducing emissions – CO2 free pipeline
Reducing emissions – CO2 free pipeline Green energy All-electric Green pipeline Ref: El Paso - Ruby pipeline Three all-electric compressor trains Electricity from renewable energy sources (~50 MW p.a.) Zero emission Increased efficiency First carbon-neutral pipeline project in the USA Page 10
Slide 11: Comprehensive pipeline technologies
Comprehensive pipeline technologies TransCanada pipelines Canada / US Hardisty Wood River Platte Junction Patoka Cushing Longest pipeline worldwide (3,456 km) State-of-the-art solution including 38 pumping stations & e-houses 133 e-drives, pumps, cabling & lighting, 19 electrical-substations
Slide 12: Oil & Gas integrated solution opportunities
Oil & Gas integrated solution opportunities Re-furbishment of large oil & gas field in UAE Page 12 June 29, 2010 Capital Market Day Energy © Siemens AG 2010. All rights reserved.
Slide 13: Subsea Power Grid: Switching on the subsea lights
Subsea Power Grid: Switching on the subsea lights Subsea production will grow (Golf of Mexico, Brazil, W-Africa, Strong subsea growth India …) # of new subsea wells (1980 – 2015) Optimizing subsea production & safety will drive 651 seabed processing Full seabed processing requires a mid-sized
Slide 14: Significant R&D investments ahead
Significant R&D investments ahead Innovation Subsea technology development Seal-less compression High pressure compression Competiveness Turbine performance Manufacturing technology Service upgrade technology Remote sensing & diagnostics Sustainability All electric concepts ‘Water-
Slide 15: Oil & Gas: Focused on accelerating growth
Oil & Gas: Focused on accelerating growth Best performing small & mid-sized turbines, e-motors and compressors Drive top-line Broad portfolio for unique solutions Global foot-print Grow faster than the market Push high margin content Service business Subsea Continue to deliver with
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (I)
Reconciliation and Definitions for Non-GAAP Measures (I) To supplement Siemens’ Consolidated Financial Statements presented in accordance with International Financial Reporting Standards, or IFRS, Siemens presents the following supplemental financial measures: New orders and order backlog Adjust
Slide 17: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) New orders and order backlog (continued) New orders are generally recognized immediately when the relevant contract becomes legally effective and binding. The only exception are orders with short overall contract terms. In this case, a separa
Slide 18: Reconciliation and Definitions for Non-GAAP Measures (III)
Reconciliation and Definitions for Non-GAAP Measures (III) Return on equity, or ROE In line with common practice in the financial services industry, Siemens Financial Services (SFS) uses return on equity, or ROE, as one of its key profitability measures. Siemens defines ROE as annualized Income befo
Slide 19: Reconciliation and Definitions for Non-GAAP Measures (IV)
Reconciliation and Definitions for Non-GAAP Measures (IV) EBITDA (adjusted) and EBIT (adjusted) Siemens defines EBITDA (adjusted) as EBIT (adjusted) before amortization (which in turn is defined as Amortization and impairments of intangible assets other than goodwill) and Depreciation and impairment
Slide 20: Reconciliation and Definitions for Non-GAAP Measures (V)
Reconciliation and Definitions for Non-GAAP Measures (V) Limitations Associated with Siemens’ Supplemental Financial Measures The supplemental financial measures reported by Siemens may be subject to limitations as analytical tools. In particular: With respect to adjusted or organic growth rates o