Ocean Yield ASA — Q4 2020 Earnings Presentation
10 slides from Ocean Yield ASA's earnings presentation, Feb 16, 2021
Slide 1: Q4 2020 Presentation
Q4 2020 PRESENTATION 16th February 2021
Slide 2: Q4 2020 Financial Highlights
Q4 2020 FINANCIAL HIGHLIGHTS 1) Based on share price as of close 15th February 2021 2) Includes total loss from Connector of USD 74m 3) Adjusted net profit from continuing operations
Slide 3: Portfolio Update
PORTFOLIO UPDATE & ocean vier + Acquisition of two suezmax newbuildings for a total price of up to $88m « 10 year bareboat charters to Nordic American Tankers 1) Investments * Scorpio Bulkers declared sales options on three vessels for $62m with 2) Purchase/sales delivery in Q1 2021 options « Navig8
Slide 4: Long-term charters secures stable cash flow
LONG-TERM CHARTERS SECURES STABLE CASH FLOW EBITDA charter backlog1 per year EBITDA charter backlog1 per segment Charter status as (USDm) % of book value of portfolio LONG-TERM CASH FLOW VISIBILITY, 94% OF PORTFOLIO EMPLOYED ON EBITDA BACKLOG OF USD 2.9BN 9.8 YEARS AVERAGE DURATION LONG-TERM CHARTER
Slide 5: Financial Snapshot
FINANCIAL SNAPSHOT Adjusted net profit from continuing operations Q4 2020 Key financials USD million 16.6 17.0 13.9
Slide 6: Income Statement
INCOME STATEMENT INCOME STATEMENT
Slide 7: Adjusted EBITDA and Net Profit
ADJUSTED EBITDA AND NET PROFIT ADJUSTMENTS
Slide 8: Balance Sheet
BALANCE SHEET BALANCE SHEET Q3 Q4 Q3 Q4 Amounts in USD million 2020 2020 2020 2020 ASSETS EQUITY AND LIABILITIES Common equity 573 513 Vessels and equipment 700 550 Hybrid capital 125 125 Investments in associates 175 178 Total equity 698 638 Finance lease receivables 1,257 1,220 Restricted cash dep
Slide 9: Outlook
OUTLOOK 1) Based on share price as of close 15th February 2021
Slide 10: Investor Relations
INVESTOR RELATIONS Marius Magelie, SVP Finance & Investor Relations +47 24 13 01 82 mm@oceanyield.no www.oceanyield.no/IR