Nmtp · RUS:NMTP

Nmtp — NCSP Group — H1 2013 Earnings Presentation

13 slides from Nmtp's earnings presentation, Aug 29, 2013

  1. Slide 1: NCSP Group IFRS Financial Results for 1H 2013

    NCSP Group IFRS Financial Results for 1H 2013 29 August 2013

  2. Slide 2: Disclaimer

    Disclaimer All statements in this presentation, other than historical facts, that address company’s business are forward looking statements. Although NCSP believes that expectations expressed in such forward looking statements are based on reasonable assumptions, such statements should not in any wa

  3. Slide 3: 1. Market Context 2. 1H 2013 Performance

    1. Market Context 2. 1H 2013 Performance

  4. Slide 4: Global trade – slow and slowing

    0 5 -5 -10 10 15 20 25 30 35 40 45 01.03.2011 01.04.2011 01.05.2011 01.06.2011 01.07.2011 01.08.2011 01.09.2011 01.10.2011 01.11.2011 US, % change YoY 01.12.2011 India, % change YoY China, % change YoY 01.01.2012 01.02.2012 01.03.2012 -2 0 2 4 6 8 10 12 01.04.2012 01.03.2011 01.05.2012 01.04.2011 01

  5. Slide 5: Russian Economy and Exports

    1 2 Russian Economy and Exports Market context Oil Exports – Total vs. Ports • 1H 2013 Oil Export declined 2.5% year-on-year to 300 80% 115.8 mln tonnes 70% 250 60% • Russian GDP grew just 1.2% year-on-year in the mln tonnes 200 50% second quarter of 2013 150 40% • Industrial output rose just 0.1% y

  6. Slide 6: 1H 2013 Performance

    1. Market Context 2. 1H 2013 Performance

  7. Slide 7: Cargo turnover analysis

    1 2 Cargo turnover analysis 1H 2013 performance Cargo Turnover, 1H 2012 vs 1H 2013 1H 2012 1H 2013 1,4% 0,7% 1,2% 5,1% 3,5% 3,2% 4,1% 3,5% 6,3% 5,8% Crude oil Oil products Ferrous metals 72 11,2% 82 17,7% mln tonnes Other mln tonnes Containers Iron ore and ore concentrate 66,3% 70,0% Grain Source: m

  8. Slide 8: Financial performance in 1H 2013

    1 2 Financial performance in 1H 2013 1H 2013 performance Key IFRS indicators 1H 2013, US$ mln 1H 2013 1H 2012 Change Change, % Revenue 467.8 541.1 (73.3) (13.5%) Cost of services (219.2) (220.7) (1.5) (0.7%) Gross profit 248.6 320.3 (71.8) (22.4%) SG&A (39.8) (39.9) (0.1) (0.2%) Operating profit 209

  9. Slide 9: Revenue bridge 1H 2012 – 1H 2013

    1 2 Revenue bridge 1H 2012 – 1H 2013 1H 2013 performance 540,0 520,0 61,8 500,0 480,0 18,6 541,1 0,8 3,9 0,7 1,4 460,0 24,9 440,0 467,0 467,0 467,8 420,0 400,0 1H 2012 Grain Crude oil Oil Products Other Fleet services Additional Other 1H 2013 Revenue stevedoring port services Revenue revenue  Lower

  10. Slide 10: Revenue analysis

    1 2 Revenue analysis 1H 2013 performance Revenue breakdown by cargo & services 1H 2012 1H 2013 0,8% 12,2% 1,9% 1,1% 5,1% 0,9% 1,6% 6,1% 27,2% 26,1% 4,6% 8,2% 4,9% US$ 541.1 US$ 467.8 mln mln 7,5% 9,7% 15,0% 16,8% 8,6% 10,9% 9,5% 8,0% 13,3% Crude oil Bunkering Oil products Fleet services Additional p

  11. Slide 11: Costs analysis

    1 2 Costs analysis 1H 2013 performance 1H 2012 1H 2013 Fuel 15.2% 15,4% Personnel Expenses 0.7% 30,0% 0,9% 1.9% 1,5% 29,2% 1.6% D&A 1,5% 3.8% CoGS 2,3% CoGS US$ 221 mln Rent 2,5% US$ 219 mln 1.9% SG&A Subcontractors SG&A US$ 40 mln US$ 40 mln Repairs and maintenance 12,7% 13,0% Energy and utilities

  12. Slide 12: EBITDA bridge 1H 2012 – 1H 2013

    1 2 3 EBITDA bridge 1H 2012 – 1H 2013 1H 2013Financial performance performance 350 300 6,4 250 66,0 7,3 200 318,6 150 251,7 100 50 0 EBITDA 1H 2012 Change in stevedoring Net change in expenses Other EBITDA 1H 2013 revenue (excl. bunkering and BCS) 12

  13. Slide 13: Contacts

    Contacts: www.nmtp.info Investor relations: Mshchur@ncsp.com Public relations: Ksenko@ncsp.com

NCSP Group — H1 2013 Earnings Presentation on 6ix