Eidesvik Offshore Asa · OSL:EIOF

Eidesvik Offshore Asa — Shareholder Meeting (May 2016)

11 slides from Eidesvik Offshore Asa's shareholder meeting presentation, May 25, 2016

  1. Slide 1: Eidesvik Offshore ASA – General Meeting 25.05.2016

    Eidesvik Offshore ASA – General Meeting 25.05.2016

  2. Slide 2: Supply, Seismic, Subsea fleet overview

    Supply Seismic Subsea 10 vessels 9 vessels 5 vessels Revenues MNOK 1.239 534 employees Operates 24 ships

  3. Slide 3: Entering the offshore wind market

    Entering the offshore wind market Entered into an agreement with Siemens Wind Power for a 9 month contract for the vessel «Acergy Viking» on German sector. An offshore gangway system will be installed on the vessel.

  4. Slide 4: Statoil has extended the contract for the PSV «Viking Energy»

    Statoil has extended the contract for the PSV «Viking Energy» with 2 years from April 2016, with options for further 1 year. An agreement for installation of Energy Storage System on the vessel has been entered into.

  5. Slide 5: Lost Time Injury Frequency

    Eidesvik 2,00 1,50 1,00 0,50 0,00 LTIF = Lost Time frequency (pr mill hours) 0,92 22 0,45 0,46 0 Ss” s = ” Ss

  6. Slide 6: Results

    Results (in million NOK) 1 500 400 Revenues Operating profit 1 000 300 200 500 100 0 0 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 Operating revenue Gain on sale EBIT Gain on sale 1 000 400 EBITDA Profit 200 500 0 0 -200 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 -400 EBITDA Gain on sal

  7. Slide 7: Balance

    Balance (in million NOK) 7 000 6 000 Current assets Short-term liab. Current assets Short-term liab. 5 000 4 000 Long-term liabilities Long-term liabilities 3 000 Fixed assets Fixed assets 2 000 Equity Equity 1 000 0 Assets Equity and Assets Equity and 31.12.15 Liabilities 31.12.14 Liabilities 31.12

  8. Slide 8: Contract coverage (per 31.03.2016)

    Contract coverage (per 31.03.2016) 8

  9. Slide 9: Contract Backlog 31.03.16

    800 Contract Backlog 31.03.16 Millions 700 600 157 500 208 400 300 523 208 200 407 208 209 302 100 139 116 97 0 Q2-Q4 2016 2017 2018 2019 2020 From 2021 Consolidated Share of JV's

  10. Slide 10: Debt maturity profile 31.03.2016

    800 Debt maturity profile 31.03.2016 Millions 700 600 500 300 423 400 300 200 365 320 360 293 100 226 0 Q2-Q4 2016 2017 2018 2019 2020 Instalments Balloons Bonds

  11. Slide 11: Thank you for the attention

    Thank you for the attention www.vikinglady.no

Eidesvik Offshore — Shareholder Meeting (May 2016) on 6ix