Slide 1: Investor Presentation: Interim Results - 2012
Investor Presentation: Interim Results - 2012 Scott McGregor, CEO Jonathan Marren, CFO September 2012
Slide 2: Overview
Overview About Camco Core capabilities are to reduce emissions and develop clean energy projects 20 yrs experience with 120+ local staff, market leading technical and commercial skills Focused on Asia and North America, where we are market leaders in our sectors Existing operating plant in North Ame
Slide 3: Unaudited Interim results - 6 months to June 2012
Unaudited Interim results - 6 months to June 2012 Camco – Transforming Emissions to Energy and Policy to Business Action 2
Slide 4: 2012 Interim Results
2012 Interim Results Camco Carbon Camco Projects Corporate • Revenues €10.2m • Revenues €1.9m • Return to profit of €1.1m • 4.5MW biogas assets • Further carbon price fair value • Net adjusted cash of €11.7m operational in US adjustment €2.1m • Impact from H2 2012 • 5p cash • Opex reduced to €1.9m (
Slide 5: Consolidated Statement of Comprehensive Income
Consolidated Statement of Comprehensive Income H1 2012 H1 2012 H1 2012 H1 2011 H2 2011 FY 2011 (unaudited) vs vs (unaudited) (unaudited) (audited) Continuing operations €’000 H1 2011 H2 2011 €’000 €’000 €’000 Revenue: Earned in the year 12,176 71% 294% 7,101 3,094 10,195 • Significant increase in re
Slide 6: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position H1 2012 H1 2012 H1 2012 H1 2011 FY 2011 (unaudited) vs vs (unaudited) (audited) €’000 H1 2011 H2 2011 €’000 €’000 • PPE increased by €1.8m Non-current assets Property, plant and equipment 17,794 364% 11% 3,837 15,988 • Final capex on US project Goodwill o
Slide 7: CER carbon portfolio update and sensitivity to carbon price
30 June 2012 Acceleration CER carbon in issuance portfolio update CER carbon credits Pre 2012 Post 2012 Pre 2012 Post 2012 production production CER Discount Discount To Deliver after 30 Carbon ed ed 3 June 2012 Total Sensitivity to carbon price €m Contracted price Future Future 14.8m 70.3m Revenue
Slide 8: Acceleration in issuance: 2012 Delivery Schedule
30 June Acceleration 2012 Delivery in issuance Schedule CERs issued (before margin) from projects Camco develops Year Carbon ** Cash ** Total ** 7.00 H1 2012 - Pre 2012* 1.35 1.87 3.23 6.00 H2 2012 - Pre 2012 2.00 2.14 4.14 5.00 2013 - Pre 2012 6.39 4.29 10.68 4.00 2013 - Post 2012 0.30 - 0.30 3.00
Slide 9: Multiple Value building blocks
Multiple Value building blocks Cash • Net adjusted cash at 30 June 2012 €11.7m (5.0p per share) • Additional €7.3m of net with Camco South East Asia (3.1p per share) US project • Largest biogas project generating power; 4.5MW (capex >$20m) development • Further portfolio of biogas projects Camco • 2
Slide 10: Growth plans
Growth plans Clean Energy Projects • Build out clean energy projects in North America, Asia and Africa – $200m target • Commence energy efficiency business development in China – ESCO model • Distributed renewable energy projects in Africa • Clean energy projects business expansion in Australia Carb
Slide 11: Camco – Transforming Emissions to Energy and Policy to Business Action
Camco – Transforming Emissions to Energy and Policy to Business Action 10