Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — CEFC International — FY2016 Earnings Presentation
21 slides from Singapore Exchange's earnings presentation, March 2017
Slide 1: CEFC International FY2016 Results Presentation
1 CEFC INTERNATIONAL LIMITED CEFC INTERNATIONAL (SGX: Y35) LIMITED (SGX: Y35) FY2016 RESULTS PRESENTATION CORPORATE PRESENTATION MARCH MARCH 2017 2017
Slide 2: Disclaimer
2 Disclaimer The presentation is prepared by CEFC International (the “Company”) and is intended solely for your personal reference and is strictly confidential. The information contained in this presentation is subject to change without notice, its accuracy is not guaranteed and it may not contain a
Slide 3: I. Company Overview
3 I. Company Overview
Slide 4: Company Overview
4 Company Overview • Building on its foundation on energy trading business, actively looking for investment opportunities to achieve diversity in income sources – Dyneff acquisition as a start to such a diversified investment strategy • For the energy industry, we prefer the mid to downstream energy
Slide 5: Business Structure
5 Business Structure AnAn Group (Singapore) Pte. Ltd. 63.82% CEFC International Limited (SGX code: Y35) Dyneff Trading business (Oil and gas distributor in Europe) 5
Slide 6: II. Financial Analysis
6 II. Financial Analysis
Slide 7: Financial Highlights - Balance Sheet
7 Financial Highlights - Balance Sheet 31 Dec 2016 31 Dec 2015 Financial Highlights US$'000 US$'000 Change % Non-current Assets 93,847 26,927 248.5% Cash & Cash Equivalents 36,446 43,606 (16.4) Trade and other Receivables 292,778 200,752 45.8 Total Assets 472,414 271,285 74.1 Total Liabilities 255,8
Slide 8: Financial Highlights – P&L
8 Financial Highlights – P&L Full year Ended Quarter Ended Consolidated (US$’000) 31-Dec-16 31-Dec-15 31-Dec-16 31-Dec-15 (Unaudited) (Audited) % (Unaudited) (Audited) % Revenue 999,465 474,471 111 198,294 285,996 (31) Gross Profit 12,177 27,435 (56) 3,862 11,664 (67) Finance Costs 349 81 331 - 6 (1
Slide 9: III. Dyneff In a Nutshell
9 III. Dyneff In a Nutshell
Slide 10: About Dyneff
10 About Dyneff Dyneff’s business Oil terminals - Fuel, domestic heating oil and natural gas Primary owned terminals Le Havre supplier for retail, small & medium size enterprises Primary minority owned & wholesale customers. terminals Paris Primary leased Strasbourg terminals Secondary oil terminals
Slide 11: Oil Terminals and Storage Facilities
11 Oil Terminals and Storage Facilities Primary terminals in France 2 directly owned terminals 3 oil terminals where Dyneff is shareholder 9 oil terminals where Dyneff rents capacities Approximately 290,000 cbm of operated storage capacities in France Primary terminals in Spain 16 oil term
Slide 12: A Comprehensive Distribution Network
A Comprehensive Distribution Network RETAIL Gas stations 100+ gas stations in France and Spain DETAIL Commercial branches 14 commercial branches in France and Spain WHOLESALE Wholesale branches 2 wholesale branches in France and Spain 12 12
Slide 13: Retail Distribution
Retail Distribution Convenience Stores 100+ gas stations in France and Spain Out of these, 36 are company-owned Convenience stores and cafeterias within the gas-stations network, which contributes part of revenue streams within Retail Business Cafeterias Segment 13 13
Slide 14: Detail Distribution
Detail Distribution Commercial 12 commercial branches in France and 2 in Spain branches Small and medium sized companies Customer categories : farmers, carriers, construction companies, local authorities… 11 200 customers delivered every month 420 000 cbm delivered every year 14 14
Slide 15: Wholesale Distribution
Wholesale Distribution Wholesale 2 wholesale branches branches in France and Spain In charge of the Trading activity and Major customers Customer categories: GMS, buying groups, gas stations, retailers, carriers… 2.2 million cbm delivered every year National expansion favoured by important i
Slide 16: Dyneff’s Key Management
16 Dyneff’s Key Management Emmanuel Riu, Chief Executive Officer More than 13 years of experience in the Oil & Gas Sector Has been working exclusively for Dyneff taking on top management positions, CEO of Dyneff Spain (2007 – 2008), then CEO of Dyneff France (2008 – today) Vice-President of th
Slide 17: Dyneff’s Shareholding Structure
17 Dyneff’s Shareholding Structure CEFC International - Listed on SGX-ST, SGX Code: Y35 100% CEFC Assets Management & Equity Investment (Hong Kong) Co., Ltd. (“CEFCAM”) - Incorporated in Hong Kong 51% Rompetrol France SAS (“RPF”) - Incorporated in France 100% Dyneff SAS (“Dyneff”) - Incorporated in
Slide 18: Post-Acquisition Benefits From Dyneff
18 Post-Acquisition Benefits From Dyneff Diversification of income streams through investment and acquisition strategy Fits in with the Company’s strategic plans to enhance its market position in Europe’s mid to downstream oil and gas industry assets as well as logistics and storage business Pooling
Slide 19: IV. Future Plans
19 IV. Future Plans
Slide 20: Future Plans
20 Future Plans Continue to explore New growth driver New vitality from new financing brought by the new management, Realize strategy channels. New corporate inclusion of Dyneff’s bringing onboard using investments Acquisition of identity, to revamp assets and business, new expertise for and acquisi
Slide 21: Q&A Thank You
21 Q&A Thank You CEFC INTERNATIONAL LIMITED (SGX: Y35) CORPORATE PRESENTATION 中华能源国际(新加坡)有限公司 CEFC International Limited MARCH 2017 1 Raffles Place, #11-61 One Raffles Place Tower 2, Singapore 048616 Tel.: 6222 2298 Fax: 6222 2021