Ocean Yield ASA — Q1 2021 Earnings Presentation
11 slides from Ocean Yield ASA's earnings presentation, May 5, 2021
Slide 1: Q1 2021 Presentation
Q1 2021 PRESENTATION 5th May 2021
Slide 2: Q1 2021 Financial Highlights
Q1 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 4th May 2021
Slide 3: Business Update
BUSINESS UPDATE 1) Shipping market 2 OCEAN YIELD Expects continued strong market for container vessels and dry bulk carriers Relatively weak market for tankers in Q1, but expects a stronger market later in the year Increased ordering activity for container vessels, but still a low orderbook for tank
Slide 4: Long-term charters secures stable cash flow
LONG-TERM CHARTERS SECURES STABLE CASH FLOW Adj. EBITDA backlog1 per year Adj. EBITDA backlog1 per segment Charter status as (USDm) % of book value of portfolio LONG-TERM CASH FLOW VISIBILITY, 94% OF PORTFOLIO EMPLOYED ON EBITDA BACKLOG OF USD 2.9BN 9.6 YEARS AVERAGE DURATION LONG-TERM CHARTERS 1) E
Slide 5: Financial Snapshot
FINANCIAL SNAPSHOT Adjusted net profit Q1 2021 Key financials USD million
Slide 6: Income Statement
INCOME STATEMENT INCOME STATEMENT
Slide 7: Adjusted EBITDA and Net Profit
ADJUSTED EBITDA AND NET PROFIT ADJUSTMENTS
Slide 8: Balance Sheet
BALANCE SHEET BALANCE SHEET Q4 Qu Q4 Qu Amounts in USD million 2020 2021 2020 2021 ASSETS EQUITY AND LIABILITIES Common equity 513 530 Vessels and equipment 550 544 Hybrid capital 125 125 Investments in associates 178 186 Total equity 638 655 Finance lease receivables 1,220 1,092 Restricted cash dep
Slide 9: ESG | Strong Commitments
ESG | STRONG COMMITMENTS LINK TO ESG REPORT
Slide 10: Outlook
OUTLOOK 1) Based on share price as of close 4th May 2021
Slide 11: Investor Relations
INVESTOR RELATIONS Marius Magelie, SVP Finance & Investor Relations +47 24 13 01 82 mm@oceanyield.no www.oceanyield.no/IR