1 / 10

Financial Highlights (US$)

Financial Highlights (US$) 1H00 1H99 Change Turnover $2,035 m 8% $2,191 m Core EBITDA $145 m 71% $247 m Depreciation & Amortization ($119 m) ($126 m) Core EBIT $19 m 574% $128 m Interest Expense ($63 m) ($87 m) Tax ($12 m) ($28 m) Profit/(Loss) before NRI * ($96 m) n.m.

adamdaniel
Télécharger la présentation

Financial Highlights (US$)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Financial Highlights (US$) 1H00 1H99 Change • Turnover $2,035 m 8% $2,191 m • Core EBITDA $145 m 71% $247 m • Depreciation & Amortization ($119 m) ($126 m) • Core EBIT $19 m 574% $128 m • Interest Expense ($63 m) ($87 m) • Tax ($12 m) ($28 m) • Profit/(Loss) before NRI * ($96 m) n.m. $53 m • Non-Recurring Items ($4 m) $104 m • Overall Profit/(Loss) $8 m 478% $49 m * NRI = Non-Recurring Items

  2. Chartering 7% Logistics 9% Other Investments 2% 1H99 Revenue Breakdown : (Total = US$2.03b) Container Shipping: 72% Logistics : 8% Chartering : 6% Other Investments* : 14% Container Shipping 82% * includes revenue from APL Stacktrain business which was divested in May 1999 Turnover Breakdown Total Revenue : US$2.19 billion, up 8% Excluding stacktrain, up 22%

  3. Container Volume 1H00 Volume (675,000 FEUs) • Americas 319,000 • Europe 139,000 • Asia / Middle East 217,000 1H99 Volume (583,000 FEUs) • Americas 285,000 • Europe 134,500 • Asia / Middle East 163,500 Overall change : up by 16%

  4. Container Shipping - Trade Imbalance For every 10 feus Full Headhaul Full Backhaul Trade 1H98 1H99 1H00 • Trans-Pacific 4 5 6 • Asia/Europe/Asia 5 8 8 • Transatlantic 4 7 9 • Latin America 3 5 7

  5. Container Shipping - Average Freight Rates 1H99 FY99 1H00 Average freight rates US$2,386 US$2,450 US$2,441 • Average freight rates include all trades • Peak season surcharges for Transpacific in the second half of 1999 positively impacted the full year average for 1999

  6. Container Shipping - Cost Trend Analysis for Cost (Indexed)

  7. Logistics - Revenue Growth Growth : 22%

  8. 1-YEAR TIME-CHARTER RATES 170 Aframax Tanker Panamax Bulk Carrier 150 Rate Index 130 110 90 70 Jul-99 Jan-99 Jan-00 Sep-99 Mar-99 Mar-00 Nov-99 May-99 May-00 Source : Tradewinds • Improved Aframax tanker rates from Jan 2000 • Overall improvement in bulk carrier rates, but Group’s exposure in this sector is small Chartering - Rates

  9. 1H99 Container Logistics Chartering Others* Total Turnover $1,458 m $167 m $123 m $287 m $2,035 m Core EBIT ($9 m) $12 m $7 m $9 m $19 m Container Logistics Chartering Others Total Turnover $1,808 m $203 m $145 m $35 m $2,191m Core EBIT $97 m $14 m $13 m $4 m $128 m 1H00 Segmental Results in US$ (1H00 vs 1H99) * includes revenue/ earnings from APL Stacktrain business which was divested in May 1999

  10. 1H00 • Loss on sale of vessels ($5m) • Profit on sale of other assets $5m • Provision for quoted investment ($4m) Total non-recurring items ($4m) TOTAL NON- RECURRING ITEMS FOR 1H99 $104m Non-Recurring Items (US$)

More Related