Ocean Yield ASA — Q2 2021 Earnings Presentation
10 slides from Ocean Yield ASA's earnings presentation, Jul 13, 2021
Slide 1: Q2 2021 Presentation
Q2 2021 PRESENTATION 13th July 2021
Slide 2: Q2 2021 Financial Highlights
Q2 2021 FINANCIAL HIGHLIGHTS 1) USD 2.1m of the net profit / adjusted net profit is attributable to the hybrid capital, and the remaining is attributable to common shares 2) Based on share price as of close 12th July 2021
Slide 3: Business Update
BUSINESS UPDATE 2 OCEAN YIELD + Box Holdings, a JV where OCY owns 49.9%, will acquire one 15,300 TEU dual-fuel newbuilding e Investments container vessel with 18-year charter to a major European container line + Acquisition of 50% equity interest in three Suezmax tankers with long-term charter from
Slide 4: Long-term charters secures stable cash flow
LONG-TERM CHARTERS SECURES STABLE CASH FLOW Adjusted EBITDA backlog1 per year Adjusted EBITDA backlog1 per segment Charter status as (USDm) % of book value of portfolio LONG-TERM CASH FLOW VISIBILITY, 93% OF PORTFOLIO EMPLOYED EBITDA BACKLOG OF USD 2.8BN 8.3 YEARS AVERAGE DURATION ON LONG-TERM CHART
Slide 5: Financial Snapshot
FINANCIAL SNAPSHOT Adjusted net profit Q2 2021 Key financials USD million
Slide 6: Income Statement
INCOME STATEMENT INCOME STATEMENT 1) Other revenue of USD 3.0m in Q2 2021 is related to sale of vessels and amendment to charter parties
Slide 7: Adjusted EBITDA and Net Profit
ADJUSTED EBITDA AND NET PROFIT ADJUSTMENTS
Slide 8: Balance Sheet
BALANCE SHEET BALANCE SHEET ql Q2 qu Q2 Amounts in USD million 2021 2021 2021 2021 ASSETS EQUITY AND LIABILITIES Common equity 530 543 Vessels and equipment 544 537 Hybrid capital 125 125 Investments in associates 186 186 Total equity 655 668 Finance lease receivables 1,092 976 Restricted cash depos
Slide 9: Outlook
OUTLOOK 1) Based on share price as of close 12th July 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