Bumi Armada Bhd. · MYX:ARMADA
Bumi Armada Bhd — Q3 2012 Earnings Presentation
6 slides from Bumi Armada Bhd's earnings presentation, Nov 21, 2012
Slide 1: Q3 2012 Results
Q3 2012 Results 21 November 2012 “Knots Ahead of the Rest”
Slide 2: Results Overview – Q3 YTD 2012 vs. Q3 YTD 2011
Results Overview – Q3 YTD 2012 vs. Q3 YTD 2011 Improved key performance indicator despite delay in FPSO awards +0.7% +18.2% Increase revenue mainly due to higher OSV utilization and new +17.8% charters, Apache FPSO contract, and LukOil contribution Higher EBITDA as a result of higher margins from it
Slide 3: Revenue composition by business units
Revenue composition by business units Improved performance in established sectors +11.7% +22.1% Increasing FPSO performance due to Apache Contract (D1 recorded as part of Increase in fleet size and utilization share of results of JCE) +37.8% Installer guarantee days and higher Completion of Sepat in
Slide 4: Revenue composition by geographical %
Revenue composition by geographical % Malaysia based international company , expansion across key regions YTD 2011 YTD 2012 5.5% 6.7% 17.4% 25.7% 37.2% 28.2% 47.7% 31.6% 4
Slide 5: Leverage and capitalization
Leverage and capitalization Financial capacity to undertake more projects Net Debt / EBITDA(1) Gearing ratio 6.0x 4.5x 5.1x 4.0x 4.9x 3.9x 5.0x 4.8x 4.0x 3.5x 3.4x 4.0x 3.0x 2.5x 3.0x 2.0x 2.0x 2.0x 2.1x 1.9x 2.0x 1.5x 1.0x 0.8x 0.8x 0.8x 1.0x 0.7x 0.5x 0.0x 0.0x 2008 2009 2010 2011 Q1 2012 Q2 2012
Slide 6: Order book
Order book As at 30 Sep 2012, the Group’s order book stood at RM7.3 billion compared to RM7.6 billion as at 30 June 2012. Upon expiration of the firm contract period, certain contracts contain extension options which are renewable on annual basis with a total potential contract sum of RM3.2billion o
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