Petronas Chemicals Group Bhd. · MYX:PCHEM

Petronas Chemicals Group Bhd — PETRONAS Gas Berhad — Q4 2014 Earnings Presentation

18 slides from Petronas Chemicals Group Bhd's earnings presentation, Feb 18, 2015

  1. Slide 1: PETRONAS Gas Berhad Quarterly Results Briefing

    PETRONAS Gas Berhad . Quarterly Results Briefing Highlights for the 4th Quarter ended 31 December 2014 18 February 2015 © 2015 PETROLIAM NASIONAL BERHAD (PETRONAS) All rights reserved. No part of this document may be reproduced, stored in a retrieval system or transmitted in any form or by any means

  2. Slide 2: Disclaimer

    Disclaimer Warranties and Exclusion of Liability PETRONAS Gas Berhad (PGB), its subsidiaries and related corporations confirm that reasonable care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appear

  3. Slide 3: Agenda

    Agenda  Welcoming Remarks  Opening Remarks  Presentation  Q&A ©Petroliam Nasional Berhad (PETRONAS) 2015 3

  4. Slide 4: PGB Management

    PGB Management Yusa’ bin Hassan Aida Aziza Harris bin Harun Managing binti Mohd Head Director/Chief Jamaludin Investor Relations Executive Head Officer Finance ©Petroliam Nasional Berhad (PETRONAS) 2015 4

  5. Slide 5: Key Highlights

    Key Highlights Gas Processing & Gas Transportation • Implementation of the new Gas Processing Agreement (GPA) and Gas Transportation Agreements (GTA) have strengthen PGB’s revenue base through higher Reservation Charge (RC) and higher capacity booking, respectively. Utilities • Upward revision of fu

  6. Slide 6: Key Highlights

    Key Highlights Regasification • Full year contribution from LNG Regasification Terminal Sg Udang (RGTSU) operations as compared to corresponding period (FY2014: 12 months vs FY2013: 6 months). • Revision of Regasification Service Agreement (RSA) tariff, post one year of its commercial operations. •

  7. Slide 7: Key Highlights (Quarter Corresponding & Preceding)

    Key Highlights (Quarter Corresponding & Preceding) Solid performance for Q4, FY2014 contributed by Gas Processing and Gas Transportation segments coupled with higher share of profit from KPSB. RM million Revenue Gross Profit Profit After Tax 1% 3% 4% 44% 3% Excluding DTA 8% 1,123.5 1,111.6 555.5 538

  8. Slide 8: Key Highlights (Year-to-date)

    Key Highlights (Year-to-date) Excluding the one-off DTAs, our profit surged by 16% (RM235.1M) underpinned by full year contribution from Regasification segment and Gas Transportation segment as well as higher share of profit from KPSB. RM million Revenue Gross Profit Profit After Tax 11% 13% 16% 4,3

  9. Slide 9: Segmental Performance – Revenue Q4 FY14 vs. Q4 FY13

    Segmental Performance – Revenue Q4 FY14 vs. Q4 FY13 Higher revenue attributed by Utilities business resulting from higher offtake by customers and upward revision of electricity tariff. RM Million 83.5 4% 4% 9% 24% 8% 48.8 6.7 1,111.6 1,028.1 14.5 26.9 152.3 Revision of RSA 159.0 Higher capacity • H

  10. Slide 10: Segmental Performance – Revenue Q4 FY14 vs. Q3 FY14

    Segmental Performance – Revenue Q4 FY14 vs. Q3 FY14 PGB Revenue was lower by 1% mainly due to lower utilities revenue as a result of price adjustment. RM Million 11.9 0.2% 0.1% 5% 1% 1% 1,123.5 0.9 0.3 12.2 1.5 1,111.6 150.8 152.3 Lower OEE plant Lower revenue Price revision on steam Higher storage

  11. Slide 11: Segmental Performance – Revenue YTD Q4 FY14 vs. YTD Q4 FY13

    Segmental Performance – Revenue YTD Q4 FY14 vs. YTD Q4 FY13 Higher revenue primarily contributed by Regasification, Utilities and Gas Transportation segments. RM Million 499.6 82% 16% 8% 1% 13% 97.4 17.2 4,391.7 141.4 278.0 616.2 3,892.1 • Higher capacity Lower OEE 338.2 • Higher product plant liqui

  12. Slide 12: Segmental Performance – Results Q4 FY14 vs. Q4 FY13

    Segmental Performance – Results Q4 FY14 vs. Q4 FY13 Gross Profit (GP) was higher by 24% mainly attributable to contribution by Gas Transportation, Utilities and Gas Processing segments. RM Million 103.3 24 % 0.1 538.9 35.8 27.1 40.5 435.6 Downwards Higher revision of RSA Higher revenue reservation t

  13. Slide 13: Segmental Performance – Results Q4 FY14 vs. Q3 FY14

    Segmental Performance – Results Q4 FY14 vs. Q3 FY14 GP was lower by 3% against preceding quarter mainly due to lower contribution from Gas Transportation and Gas Processing segments. RM Million 16.6 3% 555.5 11.5 6.3 0.8 2.0 538.9 • Higher repair • Higher repair and Higher repair and Downward revisi

  14. Slide 14: Segmental Performance – Results YTD Q4 FY14 vs. YTD Q4 FY13

    Segmental Performance – Results YTD Q4 FY14 vs. YTD Q4 FY13 GP was higher by 14% mainly contributed by Regasification, Gas Transportation and Utilities segments. RM Million 267.4 14% 68.2 49.6 104.3 2,212.3 144.5 1,944.9 Higher revenue • Lower OEE plant • Higher capacity from all liquid extraction F

  15. Slide 15: Shareholders Fund and Cash & Cash Equivalents

    Shareholders Fund and Cash & Cash Equivalents Stronger shareholders’ fund on the back of higher profit for the year. Lower cash & cash equivalents due to higher dividends payment and capital expenditure. RM million 3% 10,533.9 912.1 30% 10,265.7 637.7 31-Dec-13 31-Dec-14 31-Dec-13 31-Dec-14 Sharehol

  16. Slide 16: ©Petroliam Nasional Berhad (PETRONAS) 2015

    ©Petroliam Nasional Berhad (PETRONAS) 2015 16

  17. Slide 17: Thank you

    Thank you www.petronasgas.com ©Petroliam Nasional Berhad (PETRONAS) 2015 17

  18. Slide 18: Questions & Answer

    Questions & Answer ©Petroliam Nasional Berhad (PETRONAS) 2015 18

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