Thai Oil Public Co. Ltd. · SET:TOP
Thai Oil Public — Q1 2014 Earnings Presentation
8 slides from Thai Oil Public's earnings presentation, May 9, 2014
Slide 1: Q1/2014 Financial Result Conference Call
Thai Oil Public Company Limited Q1/2014 Financial Result Conference Call 9 May 2014 Dial-in number: +66 2 104 6000 , pin code 798845 #
Slide 2: Disclaimer
Disclaimer The information contained in this presentation is intended solely for your personal reference. Please do not circulate this material. If you are not an intended recipient, you must not read, disclose, copy, retain, distribute or take any action in reliance upon it.
Slide 3: Q1/14 Business Highlights
Q1/14 Business Highlights Macro-economies / Industry Highlights Improving Indonesian import demand & Improved Market GRM opportunities to export diesel to US during winter Soften Dubai crude price pressured by weak CN Stock Losses from softened Dubai demand & temporary Iran sanction relief New
Slide 4: Q1/2014: Improving Group's Net Profit
Q1/2014: Improving Group’s Net Profit Top Group Net Profit Gross Refining Margin - GRM Unit : million THB NP w/o Stock G/L Stock G/(L) LCM $/bbl Q1/14 Q4/13 Q1/13 Before tax Marketing GRM 5.1 1.9 6.6 Q1/14 Q4/13 R Q1/13R Stock Gain/(Loss) (1.7) 1.5 (1.1) 2,534* MB 10* MB 3,227* MB Accounting GRM 3.4
Slide 5: Q1/14: Performance Breakdown
Performance Breakdown Q1/14: Performance Breakdown Refinery Aromatic Lube Base IPT Plant TP Plant SAKC Ship Sapthip Mae Sod UBON Utilization Production Production Availability Utilization Utilization Utilization Utilization Utilization Utilization 133%127% 110% 105% 100% 95% 100% 97% 91% 98% 106% 88
Slide 6: Consolidated Financial Performance
Financial Consolidated Financial Performance (US$/bbl) Q1/14 Q4/13R Q1/13R QoQ+/(-) YoY+/(-) Marketing GRM 5.1 1.9 6.6 3.2 (1.5) Marketing GIM 6.1 4.9 8.8 1.2 (2.7) Accounting GIM 4.5 6.4 7.7 (1.9) (3.2) (million THB) Sales Revenue 112,228 107,952 104,890 4,276 7,338 EBITDA 3,500 4,257 4,373 (757) (
Slide 7: Strong Financial Position / Discipline
Financial Strong Financial Position / Discipline Statements of Financial Position Consolidated Long-Term Debt as at 31 Dec 13 1) (Unit: million THB) Total Long-Term Debt Net Debt 208,662 217,566 76,526 million THB 27,540 million THB Trade Payable 43,81539,482 50,039 43,474 / Others (US$ 2,349 millio
Slide 8: Thank You
Thank You Any queries, please contact: at email: ir@thaioilgroup.com Tel: 662-797-2999 / 662-797-2961 Fax: 662-797-2976
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