Slide 1: H1 2014 Results Presentation
H1 2014 Results Presentation 27 August 2014
Slide 2: H1 2014 Results Presentation agenda
H1 2014 Results Presentation Financial Highlights H1 2014 3 Fertilizer & Chemicals Group Highlights 5 Engineering & Construction Group Highlights 7 Consolidated Financials and Debt Overview 9
Slide 3: Consolidated Results: Financial Highlights
Consolidated Results1) Financial Highlights $ Million H1 2014 H1 2013* %Δ 2013* Revenue 2,320.3 2,252.7 3.0% 4,460.7 EBITDA 412.5 330.9 24.7% 637.9 EBITDA Margin 17.8% 14.7% 14.3% Net Income Attributable to Shareholders 39.5 55.9 -29.3% 295.2 Net Income Margin 1.7% 2.5% 6.6% Total Assets 10,714.5 10
Slide 4: Performance by Group
Performance by Group
Slide 5: Fertilizer & Chemicals Group Highlights: Financial Snapshot
Fertilizer & Chemicals Group Highlights Financial Snapshot $ Million H1 2014 H1 2013* %Δ 2013* Revenue 1,298.1 1,307.6 -0.7% 2,516.0 EBITDA 403.5 308.4 30.8% 635.0 EBITDA Margin 31.1% 23.6% 25.2% * H1 2013 and 2013 results have been restated to comply with IFRS 11 Operational performance: On a com
Slide 6: Fertilizer & Chemicals Group Highlights: Q2 and H1 2014 Sales Volumes
Fertilizer & Chemicals Group Highlights Q2 and H1 2014 Sales Volumes Product – Sales Volumes Q2 2014 Q2 2013 %Δ Q1 2014 Q1 2013 %Δ H1 2014 H1 2013 %Δ Granular Urea OCI Product Sold 315.7 116.1 171.8% 429.7 158.5 171.1% 745.4 274.7 171.4% Third Party Traded 0.9 36.7 -97.6% 25.6 343.6 -92.6% 26.5 380.
Slide 7: Engineering & Construction Group Highlights: Financial Snapshot
Engineering & Construction Group Highlights Financial Snapshot $ Million H1 2014 H1 2013* %Δ 2013* Revenue 1,022.2 945.1 8.2% 1,976.5 EBITDA 41.1 46.7 -12.0% 28.0 EBITDA Margin 4.0% 4.9% 1.4% * The 2013 results have been restated and now equity account for BESIX and certain other construction JVs (I
Slide 8: Engineering & Construction Group Highlights: Backlog and New Awards
Engineering & Construction Group Highlights Backlog and New Awards Snapshot as at 30 June 2014 Consolidated backlog stood at $ 5.0 billion as at 30 June 2014, a 28% increase compared with the backlog of $ 3.9 billion as at 31 March 2014 Infrastructure and industrial work constitute 89% of the ba
Slide 9: Consolidated Financials and Debt Overview
Consolidated Financials and Debt Overview
Slide 10: Debt Overview
Debt Overview Total gross debt outstanding of $ 5,939 million as at 30 June 2014, a small (0.8%) increase over 31 December 2013 The majority of OCI N.V’s total debt outstanding is held at the operating company level and is financed through operating cash flows OCI N.V.’s debt profile is detail
Slide 11: Consolidated Income Statement
Consolidated Income Statement US$ million H1 2014 H1 2013* Revenue 2,320.3 2,252.7 Cost of sales -1,920.7 -1,884.2 Gross Profit 399.6 368.5 Selling, General and Admin Expenses -179.9 -179.6 Other operating income 28.0 21.7 Other operating expense -3.2 -7.1 Transaction costs 0.0 -80.0 Operating profi
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet US$ million 30 June 2014 31 December 2013* ASSETS Non-current assets Property, plant and equipment (net) 5,098.6 4,773.4 Goodwill 996.5 984.3 Investment in associated companies 528.5 525.7 Other investments 50.1 51.0 Deferred tax assets 64.4 67.6 Long - term receivables 72
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet US$ million 30 June 2014 31 December 2013* EQUITY Share capital 272.1 272.1 Share premium 1,441.8 1,441.8 Reserves 89.8 87.6 Retained earnings -40.7 -80.2 Total shareholders' equity 1,763.0 1,721.3 Minority interest in subsidiary companies 380.9 366.3 Total equity 2,143.9
Slide 14: Disclaimer
Disclaimer NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS DOCUMENT IS NOT AN EXTENSION INTO THE UNITED STATES OF THE OFFER MENTIONED BELOW AND IS NOT AN OF
Slide 15: Investor relations contacts
For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@oci.nl M +31 (0)6 18 25 13 67 Erika Wakid erika.wakid@oci.nl M +44 (0)7740 175 117 OCI N.V. corporate website: www.ocinv.nl