China Aviation Oil (singapore) Corporation Ltd · SGX:G92

China Aviation Oil (singapore) — Shareholder Meeting (April 2015)

24 slides from China Aviation Oil (singapore)'s shareholder meeting presentation, Apr 22, 2015

  1. Slide 1: AGM Presentation

    Title 22 April 2015 2015年4月22日 AGM Presentation 常年股东大会

  2. Slide 2: Cautionary note on forward-looking statements

    Title Cautionary note on forward-looking statements 关于预测表述的声明 This presentation slides may contain forward-looking statements that involve risks and uncertainties. These statements reflect management’s current expectations, beliefs, hopes, intentions or strategies regarding the future and assumption

  3. Slide 3: Focused on Sustainability

    3 Focused on Sustainability Title 专注可持续发展

  4. Slide 4: Focused on Value Creation: Building a Global, Integrated Value Chain

    Focused on Value Creation： Title a Global, Integrated Value Chain Building 专注价值创造： 打造全球一体化供应链

  5. Slide 5: 2010-2014: Achieved the "Three Transformations"

    5 2010-2014: Achieved the “Three Transformations” Title 2010-2014年：完成“三个转型” From Supply Assurance to Market-oriented Trading 供应保障型向市场贸易型转变 • Diversified procurement modes for better trading optimisation 采购多元化，更好地优化贸易 • Jet fuel trading volume in 2014 was close to 3 times that of 2010 – now the large

  6. Slide 6: Operational Highlights of FY2014

    Operational Highlights of FY2014 Title 2014年经营亮点  Healthy overall performance for FY2014, reflecting growth momentum on continued development of business expansion activities and total supply and trading volume increased 23.5%. 2014年全年运作良好，业务拓展持续取得成果，业务量同比增长 23.5%  Aviation marketing business made

  7. Slide 7: Sixth Consecutive Year of Record Revenue

    7 Sixth Consecutive Year of Record Revenue Title 连续第六年刷新收入记录  Sustaining growth momentum in revenue and volume amid a challenging trading environment 虽然贸易环境充满挑战，收入与业务量依然保持增长 - Revenue rose to a record US$17.1 billion on increased trading volumes for jet fuel and other oil products 收入增至171亿美元，主要由于航煤

  8. Slide 8: Diversification Drives Record Supply & Trading Volume

    Diversification Drives Record Supply & 8 Trading Title Volume 多元化发展推动供应与贸易量创新高  Total supply & trading volume increased to a new high of 20.4 million tonnes in FY2014 2014年供应与贸易总量增至2040万吨 million tonnes 25.0 Total Volume 业务总量 20.4 20.0 16.5 14.8 15.0 10.0 9.2 7.9 5.0 0.0 2010 2011 2012 2013 2014 Su

  9. Slide 9: Middle Distillates – Resilient Revenue Generator

    9 Middle Distillates – Resilient Revenue Generator Title 中馏分账户——收入贡献强劲  Supported by strong demand from China’s civil aviation industry and the Group’s growing international aviation marketing business, jet fuel supply and trading volumes grew 16% to 12.1 million tonnes 由于中国民航业需求旺盛，以及集团海外的航煤营销业务，航煤

  10. Slide 10: Revenue from Other Oil Products

    10 Revenue from Other Oil Products Title 其他油品收入  Trading volumes of other oil products increased 36.4% to 8.3 million tonnes 其他油品贸易量增加36.4%至830万吨 Revenue US$’million 4,000 Other Oil Products 3,500 其他油品 3,553.4 3,115.8 3,000 2,500 2,000 1,701.5 1,500 1,000 381.2 500 241.6 0 2010 2011 2012 2013 2014

  11. Slide 11: CAO's International Revenue Base

    11 CAO’s International Revenue Base Title CAO全球收入分布 FY 2010 FY 2014 Australia Other Regions Malaysia 2% Other Regions Singapore 6% 1% Europe 3% 9% 2% Middle East South Korea 3% 5% China Singapore 51% US$5.5 15% US$17.1 billion billion 55亿美元 Indonesia 171亿美元 9% China 80% Hong Kong 11% USA South Korea

  12. Slide 12: Difficult Oil Trading Environment Impacts Margins

    12 Difficult Oil Trading Environment Impacts Margins Title 利润受到艰难的油品贸易环境影响  Gross profit declined 47.8% to US$27.4 million due to lower optimisation gains from jet fuel and petrochemicals trading and higher storage costs for fuel oil 毛利降低47.8%至2740万美元，由于航煤和化工品贸易优化利润降低以及燃料油储罐费的增加  Net profit declin

  13. Slide 13: Riding on the Growth of the International Aviation Market

    13 Riding on the Growth of the International Aviation Market Title 借助国际航空营销市场的增长  Rapid expansion of CAO’s international Joined supply network in 3 years 全球供应网络 LAXFUEL 加入洛杉矶机 三年内快速扩张 场联盟  34 international airports Won third refuelling license in Hong Kong (outside mainland China) 获得香港国际机场第 中国大陆以外

  14. Slide 14: Sustainable Income Stream from Investments in Oil-Related Assets through Associates

    14 Sustainable Income Stream from Investments in Title Oil-Related Assets through Associates 联营公司提供稳定收入来源  Strategic oil-related investments continue to yield recurring returns 油品相关战略投资继续带来稳定回报 - Share of results of associates and joint venture declined 7% to US$43.2 million for FY2014 due mainly t

  15. Slide 15: FY2014 Profit & Loss Summary

    15 FY2014 Profit & Loss Summary Title 2014年利润一览 FY2014: US$17,061.0m 170.61亿美元 FY2013:US$15,571.9m 155.72亿美元  Total supply and trading volume increased 23.5% to 20.4m tonnes 供应与贸易总额增加23.5%至2040万吨 Revenue  Jet fuel supply and trading volume increased 16.0% to 12.1m tonnes +9.6% 收入 航煤供应与贸易量增加16.0%至1

  16. Slide 16: Balance Sheet Summary

    16 Balance Sheet Summary Title 资产负债表 31 Dec 2014: US$38.1m 31 Dec 2013: US$113.1m 3810万美元 1.13亿美元 Inventories  Decrease in inventories held for trading -66.3% 库存 贸易库存减少 31 Dec 2014: US$930.6m 31 Dec 2013: US$1,120.4m 9.31亿美元 11.20亿美元 Trade and Other  Higher collections in FY2014 compared to FY2013

  17. Slide 17: CAO: Focused on Growth

    17 CAO: Focused on Growth Title CAO: 专注发展  Strong Balance Sheet, strong cash-flows, strengthened credit profile 强健的资产负债表和现金流，信贷状况加强  Global supply and trading network spanning Asia Pacific, America and Europe 全球供应与贸易网络覆盖亚太、美国和欧洲  International revenue base; diversified product base 收入来自全球各地；多元化产品

  18. Slide 18: Outlook

    18 Outlook Title 展望  Volatile oil trading environment to persist which also presents trading opportunities 油品贸易环境波动性持续，同时也意味着贸易机会  Structural market shifts and changing dynamics of oil markets present new opportunities for CAO to further augment and expand its businesses globally and penetrate int

  19. Slide 19: Outlook

    19 Outlook Title 展望  CAO will sustain growth momentum as demand for jet fuel continues to be supported by: 航油需求受以下因素支撑，CAO会保持发展势头：  Growth in China’s civil aviation industry; 中国民航业发展;  Growth in CAO’s aviation marketing business as CAO continues to expand its supply network at overseas airports a

  20. Slide 20: Outlook

    20 Outlook Title 展望  CAO’s global supply and trading operations supported by a strengthening network of internal management expertise including financial discipline, marketing, risk management and corporate governance functions. 包括财务、市场、风险管理和公司治理等稳健的内部管理支持CAO的全球供应与 贸易业务  CAO will: CAO将：  Continue

  21. Slide 21: Summary: Key Elements of 2020 Strategy

    Summary: Key Elements of 2020 Strategy Title 2020年战略摘要  Building a global supply and trading network 打造全球化供应与贸易网络  Focus on transportation fuels 专注运输燃料  Identifying new business segment – future sustainable transportation fuels 新业务单元——可持续运输燃料  Asset investments to build up integrated supply chai

  22. Slide 22: Connecting China, Asia and the West – CAO's Global Supply & Trading Network

    22 Connecting China, Asia and the West – CAO’s Global Title & Trading Network Supply 全球供应与贸易网络链接中国、亚洲和西方 NORTH CAOE ASIA AMERICA EUROPE NAFCO ME CAOHK CAO has built an integrated value chain connecting China, Asia, Europe and North America; CAO this global network is set to expand as we work towards

  23. Slide 23: Vision

    Vision Title 愿景 To be a constantly innovating global top-tier integrated transportation fuels provider 成为富有创新精神的全球一流运输燃料一体化方案提供商

  24. Slide 24: Thank You

    China Aviation Oil (Singapore) Corporation Ltd HBA (STR) ARG ATER A) Thank You A Singapore-listed company and a member of the Global Trader Programme rarmess 36 EF rato sie HOLM SRE SAA LA

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