Fuji Oil Co. Ltd. · TSE:2607
Fuji Oil — AOC Holdings — FY2010 Earnings Presentation
14 slides from Fuji Oil's earnings presentation, May 17, 2011
Slide 1: Report on Performance in FY2010
AOC Holdings, Inc. （TSE:5017) Report on Performance in FY2010 (April 1, 2010 - March 31, 2011) May 17, 2011 AOC Holdings, Inc. 1
Slide 2: The Effects of the Great East Japan Earthquake and the Company's Response
The Effects of the Great East Japan Earthquake and the Company’s Response Effects caused by the Earthquake No Shutdown of Refining Facilities Continued normal operation after safety inspection No Damage to the Refinery No damage to refining facilities, tanks and shipping facilities No Effects on Ope
Slide 3: Consolidated Financial Results for FY2010
AOC Holdings, Inc. （TSE:5017) Consolidated Financial Results for FY2010 www.aochd.co.jp 3
Slide 4: Consolidated Financial Results for FY2010
Consolidated Financial Results for FY2010 - Changes from FY2009 - （¥Billion） FY2010 FY2009 Change $84.2/Bbl ￥86/$ $69.6/Bbl ￥93/$ $ 14.6/Bbl -￥7/$ Down- Down- Down- Upstream Total Upstream Total Upstream Total (%) stream stream stream Net Sales 93.1 477.9 571.1 189.8 404.9 594.7 - 96.6 72.9 -23.6 (-
Slide 5: Sales Volume and Prices of Crude Oils
Sales Volume and Prices of Crude Oils Sales Volume Sales Prices ($/Bbl) (Thousand Bbls/day) FY2010 FY2009 Change FY2010 FY2009 Crude Oil under Crude Oil Sales and 36.9 81.4 -55％ 79.71 68.15 Purchase Agreement with Kuwait Khafji crude oil 36.9 77.6 -52％ 79.71 68.17 Hout crude oil 0 3.8 - 67.82 Intere
Slide 6: Sales Volume of Petroleum Products
Sales Volume of Petroleum Products (Thousand Kiloliters) FY2010 FY2009 Change Gasoline 1,982 1,907 4% Naphtha 352 356 -1% Jet fuel 1,186 1,137 4% Kerosene 252 186 35% Diesel fuel (Gas oil) 1,642 1,310 25% Heavy fuel oil A 91 154 -41% Heavy fuel oil C 734 640 15% (incl. for electric power) (624) (455
Slide 7: Net Sales by Segment and Segment Income
Net Sales by Segment and Segment Income FY2010 FY2009 Change Oil/Gas Oil Oil/Gas Oil Oil/Gas Oil Development Refinery and Development Refinery and Development Refinery and （¥Billion） and Sales and Sales and Sales Sales Sales Sales Net Sales 93.1 477.9 189.8 404.9 -96.6 72.9 Segment -4.5 6.0 -3.3 -3.
Slide 8: Increase and Decrease in Consolidated Balance Sheet
Increase and Decrease in Consolidated Balance Sheet Mar. 31, 2011 Mar. 31, 2010 Change Major Factors of Increase / Decrease Current assets Inventories ＋32.9 206.8 188.1 18.6 Accounts receivable-trade -15.7 Noncurrent assets 163.7 188.0 -24.3 Property, plant and Purchase of assets +7.5 equipment 127.
Slide 9: Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows （¥Billion） FY2010 FY2009 Major Factors in FY2010 Profit before income taxes 1.3 Depreciation 13.4 Net cash provided by (used in) operating activities 28.1 -41.0 Decrease in accounts receivable-trade 13.5 Increase in accounts payable-trade: 26.7 Increase in inven
Slide 10: Forecast on Consolidated Financial Results for FY2011
AOC Holdings, Inc. （TSE:5017) Forecast on Consolidated Financial Results for FY2011 www.aochd.co.jp 10
Slide 11: Assumptions and Business Plan for FY2011
Assumptions and Business Plan for FY2011 Assumptions Dubai crude oil price: $105/Bbl Heavy-Light Crude Oil Price Gaps: $4.50/Bbl （Price differential between Arabian heavy and Arabian light crude oil） Exchange rate（yen/USD） ¥83/$ Business Plan Upstream Early implementation of ongoing developm
Slide 12: Forecast on Sales of Crude Oils and Petroleum Products for FY2011
Forecast on Sales of Crude Oils and Petroleum Products for FY2011 FY2011 (Plan) FY2010 (Actual) Change Crude Oil Khafji crude oil* 40.0 36.9 8％ (Thousand Barrels/day) Ekofisk crude oil 1.2 0.2 600％ (Norwegian North Sea) Total 41.2 37.2 11％ Gasoline 1,840 1,982 -7％ Petroleum Products Naphtha 334 352
Slide 13: Forecast on Consolidated Profit and Loss for FY2011
Forecast on Consolidated Profit and Loss for FY2011 FY2011 FY2010 Change $105.0/Bbl ￥83/$ $84.2/Bbl ￥86/$ $ 20.8/Bbl -￥3/$ Down- Down- Down- （¥Billion） Upstream stream Total Upstream stream Total Upstream stream Total (%) Net Sales 128.0 546.0 674.0 93.1 477.9 571.1 34.8 68.0 102.8 (18) Operating In
Slide 14: Cautions with respect to Forward-Looking Statement
AOC Holdings, Inc. （TSE:5017) ■ Cautions with respect to Forward-Looking Statement ■ The financial forecasts, management targets, and any other estimates and projections of the Company presented in this report are based on information available to management as of the date set forth within. Please n