Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Noble Group — H1 2017 Earnings Presentation

12 slides from Singapore Exchange's earnings presentation, Aug 10, 2017

  1. Slide 1: Interim Results 2017

    Interim Results 2017 10 August 2017

  2. Slide 2: Priorities and Targets

    2 Priorities and Targets Progress on key strategic initiatives Initiatives Announced in May Status 1 Perform strategic review of business under direction of incoming Chairman Progress update announced 26 July 2017 – including sale of North American Gas & Power business, as well as start of process t

  3. Slide 3: Financial Highlights

    3 Financial Highlights Six months ended 30 June 2017  Operating environment continues to be difficult for the Group, in particular following announcement of a net loss for the first three months of 2017, as well as ongoing challenges in the commodities sector  Conservative liquidity management, sc

  4. Slide 4: Consolidated Income Statement Summary

    4 Consolidated Income Statement Summary Six months ended 30 June 2017 (US$ Millions / Million Tonnes) 30 June 2017 30 June 2016 Tonnage(1) 90.7 111.8 Revenue(1) 22,543 23,138 (1) Operating income from supply chains, net (269) 493 Operating income margin (%) - 2.13% Losses on supply chain assets(1) (

  5. Slide 5: Exceptional Items

    5 Exceptional Items Non-cash valuation adjustments and impairments  Board of Directors (the “Board”) mandated as part of the strategic review announced in May 2017 that a Net Fair Value Gains(1) 30 June 31 Dec detailed reassessment should be undertaken of the (US$ Millions) 2017 2016 Group’s balanc

  6. Slide 6: Segment Results

    6 Segment Results Energy  Oil Liquids volumes down almost 20% year-on-year on higher prices within the constrained liquidity environment. Revenue remained relatively flat year-on-year on higher prices. Solid Q1 2017 performance offset in Q2 2017 by challenging trading environment in Light Ends busi

  7. Slide 7: Segment Results

    7 Segment Results Metals, Minerals & Ores  Metals was impacted by liquidity constraints with a fall in volumes but profitability improved compared to the same period in 2016 due to the stronger performance of the aluminium business and the results of the cost reduction initiatives implemented at Ja

  8. Slide 8: Debt & Liquidity

    8 Debt & Liquidity Focus on debt reduction and managing liquidity  Net debt increased by US$945 million during the six months to 30 June 2017 primarily driven by normal course fluctuations in working capital, our reinvestment in Harbour Energy and negative cash flow from underlying activities due t

  9. Slide 9: Strategic Review and Update

    9 Strategic Review and Update

  10. Slide 10: Strategic Review Update – July 2017

    10 Strategic Review Update – 26 July 2017 Prioritise debt reduction with a view to maximise benefit for all stakeholders  Strategic review commenced May 2017 under the direction of the incoming Chairman, Mr. Paul Brough Decisions from Strategic Review(2)  Alternatives explored included sale of an

  11. Slide 11: Strategic Review Update – July 2017

    11 Strategic Review Update – 26 July 2017 Reinforced focus on Hard Commodities, Freight and LNG businesses  Strong competitive advantage from being the leading industrial and energy products supply chain manager in Asia Pacific – as global energy consumption is projected to see the largest growth i

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Noble Group — H1 2017 Earnings Presentation on 6ix