Keppel Infrastructure Trust · SGX:A7RU
Keppel Infrastructure Trust — Shareholder Meeting (April 2021)
12 slides from Keppel Infrastructure Trust's shareholder meeting presentation, Apr 20, 2021
Slide 1: Annual General Meeting 2021
Annual General Meeting 2021 20 April 2021
Slide 2: FY 2020 Key Highlights
FY 2020 Key Highlights Free Cash Flow to Equity (FCFE)2 Grew FY 2020 Group EBITDA1 by 17.4% YoY and and Payout Ratio free cash flow to equity (FCFE)2 by 19.6% YoY FCFE Payout ($m) Ratio (%) Delivered FY 2020 Group EBITDA and FCFE of 250 $376.0m1 and $225.7m respectively. 225.7 100 200 188.7 Achieved
Slide 3: Strategic Addition of Philippine Tank Storage International (Holdings) Inc.
Strategic Addition of Philippine Tank Storage International (Holdings) Inc. 1 Storage Capacity Strategically USD-denominated Blue Chip Customers 6 million barrels Located “take-or-pay” Contracts Government Agency Well-placed to captured No exposure to petroleum Oil & Gas Conglomerates demand from Me
Slide 4: Key Merits of Philippine Coastal
Key Merits of Philippine Coastal Strategically aligned with Key attributes of Philippine Coastal KIT’s investment focus Largest petroleum products storage facility in 1 the Philippines Strengthens Long-term KIT’s stable cash 2 Strategically located in the Subic Bay Freeport ‘Distribution & flows wit
Slide 5: Portfolio Breakdown
Portfolio Breakdown By Businesses and Assets (%) By Geography (%) As at 31 Mar 2021 As at 31 Mar 2021 18.7 Waste 11.9 & Water 8.1 53.3 $5.1 billion1 17.4 Distribution 46.7 $5.1 billion1 14.6 & Network Energy 3.9 25.4 City Gas Basslink Ixom Philippine Coastal Singapore KMC Waste & Water Australia, Ne
Slide 6: 1Q 2021 Operational Performance
1Q 2021 Operational Performance Healthy YoY Growth in Operational Cash Flows KIT continues to deliver resilient cash flows backed by its diversified portfolio of essential businesses and assets Completed the Acquisition of Philippine Coastal1 The strategic addition of Philippine Coastal will strengt
Slide 7: 1Q 2021 Business Updates - Distribution & Network
1Q 2021 Business Updates - Distribution & Network City Gas • Customer base grew 0.8% YoY to 870,000 as at end-Mar 2021 • Residential consumption of town gas remains healthy, while town gas volume from Commercial & Industrial customers remains below pre COVID-19 levels • OCF was lower YoY due to unde
Slide 8: 1Q 2021 Business Updates - Energy and Waste & Water
1Q 2021 Business Updates - Energy and Waste & Water Keppel Merlimau Cogen Plant • Achieved 100% contracted availability • KMC has no tariff exposure to the Singapore wholesale electricity market and has no exposure to fluctuations in fuel oil prices • KMC receives a fee for delivering the availabili
Slide 9: Free Cash Flow to Equity
Free Cash Flow to Equity 1Q 2021 1Q 2020 +/(-) S$’000 S$’000 % Distribution & Network 37,261 28,207 32.1 City Gas 10,965 11,857 (7.5) Ixom 24,458 16,350 49.6 Philippine Coastal 1,838 - 100.0 Energy 11,059 11,202 (1.3) Waste & Water 18,223 18,138 0.5 Operational Cash Flows 66,543 57,547 15.6 KIT and
Slide 10: Three-pronged Growth Strategy
Three-pronged Growth Strategy Value Operational Focused Creation Excellence Acquisition • Generate and grow cash flows • Achieve operational excellence • Seek leading businesses and from KIT’s well-diversified and asset optimisation to extract assets with the following portfolio of businesses and fu
Slide 11: Thank You
Thank You Constituent of: www.kepinfratrust.com MSCI Singapore FTSE ST Large Connect with us on: Small Cap Index & Mid-Cap Index City Gas
Slide 12: Important Notice
Important Notice The information contained in this presentation is for information purposes only and does not constitute or form part of, and should not be construed as, any offer or invitation to sell or issue or any solicitation of any offer or invitation to purchase or subscribe for any units (“U
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