Ultrapetrol (bahamas) Limited · OTC:ULTRF
Ultrapetrol (bahamas) — FBR Energy & Industrials Conference 2011
25 slides from Ultrapetrol (bahamas)'s conference presentation, May 12, 2011
Slide 1: FBR Energy & Industrials Conference
May 12, 2011 Waldorf Astoria, NY, USA FBR Energy & Industrials Conference
Slide 2: Forward-Looking Statements
Our disclosure and analysis in this presentation concerning our operations, cash flows and financial position, including, in particular, the likelihood of our success in developing and expanding our business, include forward-looking statements. Statements that are predictive in nature, that depend u
Slide 3: HL Aeeereres
| HL Aeeereres
Slide 4: Ultrapetrol - Diversified transport & logistics company
(1) Scheduled delivery dates as informed by shipyards; should not be considered as final. Ultrapetrol - Diversified transport & logistics company • River Business : Transport of commodities through the Hidrovia River System by means of Barges & Pushboats • Offshore Supply Business : Supplies provisi
Slide 5: River 2010 Revenue distribution
River 2010 Revenue distribution Historical strong focus on South America
Slide 6: Ultrapetrol River Business
ULTRAPETROL
Slide 7: Hidrovia Region and Mississippi River Region Number of Barges
Hidrovia Region Number of Barges: ~1,900 Mississippi River Region Number of Barges (1) : ~21,000 (1) Source: ACL 10-K filed on March 10, 2010. Corumba Tres Fronteras Hub Km 1,200 Hub Km 1,928 Dos Fronteras Buenos Aires Asunción Hub Km 2,770 Illinois Kentucky Tennessee Mississippi Louisiana Arkansas
Slide 8: River Business Summary
3 Fronteras Paraguay 2 Fronteras Paraguay Punta Alvear Shipyard Rosario, Argentina Alianza G2 Transshipment Station Km 456, Santa Fe, Argentina River Business Summary
Slide 9: Typical Cargo Mix and Market Share
Our Average Typical Cargo Mix (1 ) UABL’s Market Share (2) (1) Average for 2010, 2009 and 2008 (2) Source: Doll Shipping Consultancy Typical Cargo Mix and Market Share
Slide 10: Paraguayan Soybean & Brazilian Iron Ore Production Trend & Outlook
Paraguayan Soybean & Brazilian Iron Ore Production Trend & Outlook USDA soy production estimate for 2011: 8.1 million tons (1) Source: USDA Foreign Agricultural Service - Updated May 4, 2011 (2) Industry Sources
Slide 11: (1) Source: Doll Shipping Consultancy as of 9/30/10.- Barges that have been reskinned are
(1) Source: Doll Shipping Consultancy as of 9/30/10.- Barges that have been reskinned are considered to have 5 to 10 years added to their lifespan.
Slide 12: Most Modern Automated Barge Building Shipyard in South America
Building jumbo-sized barges estimated to be 40% cheaper than alternative cost of acquiring barges Pro-Forma Static Capacity Potential Growth (1) (Capacity in DWT) (1) Pro-forma static capacity growth is based on the assumption of the production of one dry barge per week. There can be no assurance th
Slide 13: Estimated Pro-Forma EBITDA
g < a [E a ir] * ° $ = 2 3 4 200 180 120 100 Estimated Pro-Forma EBITDA 185.5 Pro-Forma 2015 "Revenues "EBITDA JLTRAPETROL,
Slide 14: Offshore Supply
i ULTRAPETROL Offshore Supply
Slide 15: Young and hi-spec Offshore Supply Fleet
Fleet under construction Fleet in Operation Young and hi-spec Offshore Supply Fleet Presently uncommitted expected to be placed on long-term charters Operating under long-term charters with Petrobras
Slide 16: Brazilian & Petrobras' Growth Context
Brazilian & Petrobras’ Growth Context (1) Source: Petrobras’ website (2) Financial Times: http://www.ft.com/cms/s/0/fa11320c-4f48-11e0-9038-00144feab49a.html#ixzz1If9PYsdc
Slide 17: Well positioned to profit from booming Brazilian market
Well positioned to profit from current & future developments in booming brazilian market: $224 Bn CAPEX Source: Petrobras Website (1) O’Keefe Consultancy as of February 17, 2011 (2) PFC Energy (3) Petrobras’ Press Release dated April 29, 2011
Slide 18: Gross Profit Contribution of PSV Fleet - Illustrative TCE
Gross Profit Contribution (1) of PSV Fleet - Illustrative TCE ($/day) ($ in millions) (1) Gross profit contribution calculated as net revenues less voyage expenses (assumed at 6.1% of revenues) and running costs ($11,000 per day) based on historical averages (i.e. vessel EBITDA before overhead expen
Slide 19: Estimated Pro-Forma EBITDA - Offshore Supply Business
Estimated Pro-Forma EBITDA - Offshore Supply Business Estimated Pro-Forma EBITDA Assumptions
Slide 20: Ultrapetrol Ocean Business
ULTRAPETROL
Slide 21: Ultrapetrol
\ ULTRAPETROL
Slide 22: TEUs Transported
li TEUs Transported » 8 8 Feeder Container Line Monthly Loadings “? 4,851 3,946, 2,689, 2,203 : 2,006; ‘ 1,916 geo tf i i" 7 il il 4333 RH ap rscineeassu NB ireaersos:
Slide 23: Estimated Pro-Forma EBITDA Assumptions
Estimated Por-Forma EBITDA Assumptions
Slide 24: Aggregate 2015 Estimated Pro-Forma EBITDA
Note: The estimated pro-forma revenues and EBITDA (Total and per segment) shown in this page are estimated on the basis of assumptions related to future volumes, pricing, availability of employment for our vessels, etc, which are not guaranteed. Real results could vary substantially from these estim
Slide 25: Ultrapetrol Estimated CAPEX
In thousands of dollars 2014 2012 Total River Business Barge Building/Repowering/Rebottoming 37,510 37,840 75,350 Purchase & Transportation of Pushboats 4,450 : 4,450 Total River Business 41,960 37,840 79,800 Offshore Supply Business 5 PSVs Under Construction 31,678 13,209 44,887 Dry docks 1,800 1,8
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