Ultrapetrol (bahamas) Limited · OTC:ULTRF
Ultrapetrol (bahamas) — Investor Presentation (February 2011)
27 slides from Ultrapetrol (bahamas)'s investor presentation, Feb 22, 2011
Slide 1: Buenos Aires - February 21, 2011
Buenos Aires - February 21, 2011
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: AA, Be ee
AA, Be ee \ = f pe ? ~ ~
Slide 4: Slide 4
Slide 5: Ultrapetrol
ULTRAPETROL
Slide 6: Hidrovia: A Natural Highway That Feeds the World
Hidrovia Region Number of Barges: ~1,900 Mississippi River Region Number of Barges (1) : ~21,000 Hidrovia: A Natural Highway That Feeds the World (1) Source: ACL 10-K filed on March 10, 2010. Corumba Tres Fronteras Hub Km 1,200 Hub Hub Km 1,928 Dos Fronteras Buenos Aires Asunción Hub Km 2,770 Illino
Slide 7: River Business Summary - Hidrovia
River Business Summary Hidrovia
Slide 8: Typical cargo mix and Market Share
Our Average Typical Cargo Mix (1) UABL’s Market Share Typical cargo mix and Market Share Source: Doll Shipping Consultancy.
Slide 9: Historical Trend and Long Term Fundamentals
Historical Trend and Long Term Fundamentals • River Business results have been robust during 2010 • Soybean production in Paraguay has grown significantly for the last decade in line with the expansion of seeded area
Slide 10: Hidrovia Fleet Age Profile - Competitive Advantage
Hidrovia Fleet Age Profile - Competitive Advantage
Slide 11: We Own One of the Most Modern Automated Barge Building Shipyards in the World
Constructing jumbo-sized barges estimated to be 40% cheaper than alternative cost of acquiring barges Pro-Forma Static Capacity Potential Growth (1) We Own One of the Most Modern Automated Barge Building Shipyards in the World (Capacity in DWT)
Slide 12: Revenue & EBITDA Pro-Forma 2015
ir Revenue & EBITDA (In $ Mi Assumptions: Estimated Pro-Forma EBITDA 185.5 Pro-Forma 2015 = Revenues " EBMDA
Slide 13: Ultrapetrol Offshore Supply
i ULTRAPETROL Offshore Supply
Slide 14: Offshore Supply Business Overview
Offshore Supply Business Overview Operating under 2-4 year charters to Petrobras at a rate of $28,562, on average Presently uncommitted, expected to be placed on long- term charters, primarily in Brazil (1) Scheduled delivery dates as informed by shipyards; should not be considered as final. - 4-yea
Slide 15: Brazil pre-salt exploration
BM ranges from 1000 to 2000 meters, On account ofits Yeotogical charactariti, the pre-salt the beginning ofa new exploratory mode, one that Santer BacaTy l involve the use of technology that is more resistant P h temperatures and pressure. ——
Slide 16: Well positioned to profit from developments in booming Brazilian market
Well positioned to profit from current & future developments in booming Brazilian market: $224 Bn CAPEX
Slide 17: Offshore Supply Business Outlook - Growth Initiatives
Large PSV Charters Since 2006, Brazil (1) % of Local Content / Services In Brazilian Oil Block Auctions Offshore Supply Business Outlook - Growth Initiatives
Slide 18: Offshore Fleet Growth Impact
Gross Profit Contribution (1) of PSV Fleet - Illustrative TCE (US$/day) Potential to increase Offshore yearly gross profit contribution by $30-40 million based on current rates ($ in millions) (1) Gross profit contribution calculated as revenues less voyage expenses (assumed at 9.7% of revenues) and
Slide 19: Offshore Supply Business Pro-Forma
Offshore Supply Business Pro-Forma
Slide 20: Ultrapetrol
ULTRAPETROL
Slide 21: Feeder Container Line - Ocean Business
Feeder Container Line Ocean Business
Slide 22: Container Vessel Outlook
Container Vessel Outlook
Slide 23: Ocean Business Pro-Forma
Ocean Business Pro-Forma Assumptions:
Slide 24: $80MM Convertible Bond - Use of Proceeds
$80MM Convertible Bond - Use of Proceeds Opportunity to generate incremental value added to ongoing projects
Slide 25: Actual / As Adjusted Capitalization
Actual As Adjusted Cash and Cash Equivalents $37.4 $121.6 Debt 2014 Senior Notes $180.0 $180.0 Secured Debt 207.3 227.3 Unsecured Debt 10.0 15.0 Convertible Notes = 80.0 Total Debt $397.3 $502.3 Net Debt $359.9 $380.7 Non-controlling Interest a $5.2 $5.2 Total Shareholders’ Equity 269.2 269.2 Total
Slide 26: Compelling Investment Opportunities
Estimated Growth Capital Expenditures (Q4 2010-2011) Illustrative Annual Additional Gross Profit Contribution Incremental Growth Opportunities Compelling Investment Opportunities (1)
Slide 27: Thank You
Thank You
Ultrapetrol (Bahamas) — Investor Presentation (February 2011) on 6ix