Slide 1: H1 2016 Results Presentation
H1 2016 Results Presentation 6 September 2016
Slide 2: H1 2016 Results Highlights
H1 2016 Results Highlights Total fertilizer & chemicals volume sold reached 4.1 million metric tons, an 11.8% increase over the first half of 2015: o OCI N.V. production volumes sold reached 3.1 million metric tons, an increase of 24.2% over H1 2015 o Lower margin third party traded volumes decrea
Slide 3: First Half 2016 Results Financial Highlights
First Half 2016 Results Financial Highlights $ million unless otherwise stated H1 2016 H1 20151) %Δ Revenue 982.0 1,149.5 -14.6% EBITDA 498.0 354.9 40.3% Adjusted EBITDA 291.5 392.8 -25.8% Adjusted EBITDA margin 29.7% 34.2% Operating profit 346.9 208.5 66.4% Adjusted net income from continued operat
Slide 4: Consolidated Results from Continued Operations: EBITDA Bridge
Consolidated Results from Continued Operations EBITDA Bridge | Non-Operating Events & One-off Items $ million H1 2016 H1 2015 One-off item in P&L Operating profit as reported 346.9 208.5 Depreciation and amortization 151.1 146.4 EBITDA 498.0 354.9 Adjustments for: Termination fee -150.0 - Other inco
Slide 5: Consolidated Results from Continued Operations: Net Income Bridge
Consolidated Results from Continued Operations Net Income Bridge | Non-Operating Events & One-off Items One-off items in the first half of 2016 are mainly related to the termination of the combination agreement, the agreement with Consolidated Energy AG (‘CEL‘) for an investment in a 50% stake in
Slide 6: H1 2016 Results Debt Overview
H1 2016 Results Debt Overview As at 30 June 2016, OCI N.V. had total gross debt outstanding of $ 4,868.4 million Net debt of $ 4,293.3 million as at 30 June 2016 is a 1.3% decrease over 31 Dec. 2015 Consolidated Debt Breakdown as at 30 June 2016 $ million Description Companies Gross Debt Cash1)
Slide 7: H1 2016 Results Debt Overview
H1 2016 Results Debt Overview In the second and third quarters of 2016, OCI N.V. received cash proceeds in excess of $ 1.3 billion, significantly strengthening OCI N.V.’s balance sheet settling all due short-term obligations and providing financing for the pursuit of its growth initiatives:: o Mon
Slide 8: Operational Highlights: Product Sales Volumes
Operational Highlights Product Sales Volumes '000 metric tons Q2 2016 Q2 2015 %Δ H1 2016 H1 2015 %Δ Own Product Ammonia 391.2 439.5 -11.0% 718.9 751.7 -4.4% Urea 405.6 392.6 3.3% 985.8 703.3 40.2% Calcium Ammonium Nitrate (CAN) 319.5 281.5 13.5% 412.0 565.8 -27.2% Urea Ammonium Nitrate (UAN) 102.2 7
Slide 9: Operational Highlights: Benchmark Prices
Operational Highlights Benchmark Prices Q2 2016 Q2 2015 % change Q1 2016 % change H1 2016 H1 2015 % change Granular Urea Egypt, FOB US$/t 206 295 -30% 231 -11% 218 315 -31% Ammonia North West Europe, FOB US$/t 357 481 -26% 354 1% 355 493 -28% Ammonia US Gulf Tampa US$/t 315 468 -33% 323 -2% 319 483
Slide 10: 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 OFFER TO SELL SECURITIES OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN
Slide 11: For OCI N.V. investor relations enquiries contact
For OCI N.V. investor relations enquiries contact: Hans Zayed hans.zayed@oci.nl T +31 (0) 6 18 25 13 67 OCI N.V. corporate website: www.oci.nl