Omv Petrom Sa · BVB:SNP
Omv Petrom Sa — Shareholder Meeting (April 2021)
14 slides from Omv Petrom Sa's shareholder meeting presentation, Apr 27, 2021
Slide 1: General Meeting of Shareholders OMV Petrom 2020 Full Year Results
General Meeting of Shareholders OMV Petrom 2020 Full Year Results Alina Popa, Chief Financial Officer April 27, 2021 OMV Upstream
Slide 2: Today's Agenda
Today’s Agenda Market Capitalization OMV Petrom SA Separate Financial Statements (IFRS) OMV Petrom Group Consolidated Financial Statements (IFRS) 2
Slide 3: OMV Petrom - largest Romanian company listed on BSE by market capitalization
OMV Petrom - largest Romanian company listed on BSE by market capitalization Market capitalization end of 2020 20.6 (≈13% of the total market cap of bn RON companies listed on BSE) Shareholder structure OMV AG 21.35% Fondul Proprietatea 20.64% 51.01% Romanian State 6.99% Free Float 3
Slide 4: Today's Agenda
Today’s Agenda Market Capitalization OMV Petrom SA Separate Financial Statements (IFRS) OMV Petrom Group Consolidated Financial Statements (IFRS) 4
Slide 5: Income Statement - Key Indicators
Income Statement - Key Indicators OMV Petrom S.A. 2019 2020 (RON bn) (RON bn) Sales revenues (-23%) Lower commodity prices and lower sales volumes of petroleum products 19.9 15.4 and electricity Operating result (-63%) 4.0 1.5 Unfavorable market environment Net impairments triggered by the revision
Slide 6: Financial Position - Key Indicators
Financial Position - Key Indicators OMV Petrom S.A. December 31, 2019 December 31, 2020 (RON bn) (RON bn) 34.7 34.4 Non-current assets (-1%) Current assets (+6%) 11.7 12.4 Higher mainly due to assets reclassified as assets held for sale for subsidiaries in Kazakhstan Total Equity (-1%) 32.4 32.0 Div
Slide 7: Actual figures vs. 2020 Budget
Actual figures vs. 2020 Budget OMV Petrom S.A. Actual Budget (RON bn) (RON bn) Sales revenues (-15%) Lower sales volumes for petroleum products and lower selling prices for 15.44 18.09 natural gas and electricity, partially counterbalanced by higher sales volumes for electricity and natural gas Oper
Slide 8: Today's Agenda
Today’s Agenda Market Capitalization OMV Petrom SA Separate Financial Statements (IFRS) OMV Petrom Group Consolidated Financial Statements (IFRS) 8
Slide 9: Consolidated Income Statement - Key Indicators
Consolidated Income Statement - Key Indicators OMV Petrom Group 2019 2020 (RON bn) (RON bn) Sales revenues (-23%) 25.5 19.7 Lower commodity prices and lower sales volumes of petroleum products and electricity Operating result (-65%) 4.2 1.5 Unfavorable market environment - lower prices and COVID-19
Slide 10: Consolidated Financial Position
Consolidated Financial Position OMV Petrom Group December 31, 2019 December 31, 2020 (RON bn) (RON bn) 34.9 34.5 Non-current assets (-1%) Current assets (+4%) 12.6 13.1 Reclassification as assets to held for sale for subsidiaries in Kazakhstan Total equity (-1%) 33.5 33.1 Dividends distributed by OM
Slide 11: Contribution to the State Budget in Romania
Contribution to the State Budget in Romania OMV Petrom Group Decrease in excise mainly due to decrease in excise duty*) rate, lower deliveries of diesel and gasoline and 2019 2020 lower diesel imports. (RON bn) (RON bn) Decrease in VAT mainly due to lower local taxable 3.6 1.3 Net Income sales
Slide 12: Back up slides
Back up slides @ OMV Petrom The energy for a better life.
Slide 13: Sensitivities in 2021
Sensitivities in 2021 OMV Petrom Group main sensitivities Operating Result impact Brent oil price USD +1/bbI ~EUR +20 mn Equity gas price EUR +1/MWh ~EUR +20 mn OMV Petrom indicator refining margin USD +1/bblI ~EUR +25 mn nge rates (EUR/USD) CSD ER eaE AIO Us ~EUR +35 mn =
Slide 14: Abbreviations
Abbreviations BSE Bucharest Stock Exchange bn Billion CEGH Central European Gas Hub in Vienna IFRS International Financial Reporting Standards mn Million OMV OMV Aktiengesellschaft RON Romanian leu SA, SRL Joint-stock company; Limited liability company VAT Value Added Tax 14