Pkp Cargo Spolka Akcyjna · GPW:PKP

Pkp Cargo Spolka Akcyjna — PKP Cargo — H1 2021 Earnings Presentation

23 slides from Pkp Cargo Spolka Akcyjna's earnings presentation, 2021

  1. Slide 1: PKP CARGO Group H1 2021

    <> PIKPCARGO PKP CARGO GROUP H1 2021 ¢() PRPCARCO =— LEADING FREIGHT CARRIER

  2. Slide 2: Financial and operating results in H1 2021

    Financial and operating results in H1 2021 & © ww 2 GRUPA PKP CARGO2021 PKPCARGO

  3. Slide 3: Results of the PKP CARGO Group in H1 2021

    € Results of the PKP CARGO Group in H1 2021 > 3 GRUPA PKP CARGO2021 ay Financial data H1 2021 PLN 2,046.0 million in revenues from contracts with customers PLN 226.8 million EBITDA PLN -128.3 million EBIT Operational data H1 2021 Em, 12.4 billion tkm freight turnover 48.6 million tons freight volume

  4. Slide 4: Market environment in key cargo categories in H1 2021

    In H1 2021, the market environment determined the situation in key >» cargo categories Solid fuels increase in the significance of electricity generation in hard coal-fired commercial power plants, decrease in the significance of wind and gas-fired energy declining share of electricity imports incre

  5. Slide 5: 30 June 2020 31 December 2020 30 June 2021

    -7% 23,003 21,766 21,390 6 224 5 995 5 917 16 779 15 771 15 473 30 June 2020 31 December 2020 30 June 2021

  6. Slide 6: Freight turnover by quarter (million tkm)

    million tkm 6,527 6,538 5,990 5,902 5,327 1 998 1 951 1 716 1 924 1 436 1 192 1 398 1 319 847 1 114 1 204 1 066 1 172 1 045 1 160 579 546 533 508 432 1 224 1 363 1 554 1 519 1 484 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 To facilitate the reading of this presentation, some figures have been rounded o

  7. Slide 7: Freight volume by quarter (thousand tons)

    thousand tons 25,782 25,278 23,918 23,308 20,877 12 088 11 069 10 777 11 119 8 931 4 617 5 344 5 167 3 341 4 599 2 785 2 329 2 492 2 269 2 583 1 683 1 724 1 901 1 510 1 376 3 568 4 015 4 610 4 794 4 472 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 To facilitate the reading of this presentation, some figu

  8. Slide 8: Revenues by quarter (PLN million)

    PLN million +13.0%   1 101,4 1 050,0 928,9 1 009,6 996,0 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 To facilitate the reading of this presentation, some figures have been rounded off, which may cause negligible deviations in the presented data.

  9. Slide 9: EBITDA by quarter (PLN million)

    PLN million +4.9%   226,9 146,6 116,7 122,4 104,4 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 To facilitate the reading of this presentation, some figures have been rounded off, which may cause negligible deviations in the presented data.

  10. Slide 10: EBIT bridge, 6 months 2020 to 2021

    PLN million 33.6 -13,6 -46,5 39.5 -34,1 -6.6 -128,3 81.4 +53.7 -182,0 EBIT Revenues Depreciation, Variable Employee Transport Anti-Crisis Other EBIT 6 months from amortization costs* benefits services Shield changes 6 months of 2020 contracts and of 2021 with impairment customers losses To facilitat

  11. Slide 11: Unit revenues and costs, Q2 2020 vs Q2 2021

    PLN / thousands tkm PLN / thousands tkm -13.8% -7.9% 195.8 174.4 168.9 160.6 77,3 -21% 61,1 138,5 -6.5% 20,9 1.1% 129,5 21,2 21,8 -2.6% 21,2 36,2 -24.2% 27,5 28,5 27,7 -2.8% 35,9 31,1 -13.3% 11,1 10.2 -8.3% Change Change Q2 Q2 % yoy Q2 2020 Q2 2021 % yoy 2020 2021 1 Revenues from contracts with cust

  12. Slide 12: Balance sheet and financial ratios

    1. Calculated as the ratio of total equity and non-current liabilities to non-current assets 2. Calculated as the ratio of net result for the last 12 months to total assets 3. Calculated as the ratio of net profit for the last 12 months to equity 4. Calculated as the ratio of the operating result pl

  13. Slide 13: Freight turnover and market share

    billion tkm 7.84 18,1% 18,0% 17,3% 7.07 6.44 15,1% 42.7% 5.57 13,0% 49.1% 4.70 54.3% 10,4% 3.72 51.7% 8,7% 3.40 51.0% 6,8% 50.4% 6,3% 51.6% 57.3% 50.9% 48.3% 45.7% 49.0% 48.4% 49.6% 2014 2015 2016 2017 2018 2019 2020 2014 2015 2016 2017 2018 2019 2020 6M 6M 2020 2021 PKP CARGO Others To facilitate t

  14. Slide 14: Freight turnover by cargo category, Q2

    million tkm +1.1% 360 364 • • 132 144 • • 91 108 77 49 16 30 10 11 34 22 Q2 2020 Q2 2021 Intermodal transport Chemicals Solid fuels Metals and ores Liquid fuels Other To facilitate the reading of this presentation, some figures have been rounded off, which may cause negligible deviations in the pres

  15. Slide 15: Connect Operator - domestic and international operator connections

    15 € CONNECT OPERATOR - pioneering development of domestic and >» international operator connections in Central Europe PKP CARGO CONNECT handles operator connections in Poland and abroad As part of Connect Operator's offering, international transport services are provided on various routes, includin

  16. Slide 16: Appendices

    Appendices Bp a Gi 16 1, eek. | crt mn, \! ae Mi; » PKPCARGO y

  17. Slide 17: Freight turnover and volume by cargo category, 6M 2021

    6M 2021 6M 2020 Change % change Share – 6M 2021 Share – 6M 2020 Solid fuels, including: 4,797 4,125 672 16.3% 39% 37% hard coal 3,875 3,398 476 14.0% 31% 31% Aggregates and construction 2,245 1,998 246 12.3% 18% 18% materials Metals and ores 1,078 969 110 11.3% 9% 9% Chemicals 1,107 901 206 22.9% 9%

  18. Slide 18: Consolidated statement of profit or loss

    CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME [PLN million] 6M 2021 6M 2020 Revenues from contracts with customers 2,046.0 1,964.6 Consumption of electricity and traction fuel (258.6) (234.6) Infrastructure access services (266.1) (243.6) Transport services (174.2) (160.6)

  19. Slide 19: Assets

    As at 31 December ASSETS [PLN million] As at 30 June 2021 2020 Rolling stock 4,336.2 4,245.0 Other property, plant and equipment 858.5 875.6 Right-of-use assets 965.1 1,008.6 Investments in entities accounted for under the equity method 34.4 42.0 Trade receivables 3.5 3.0 Lease receivables 9.7 10.3

  20. Slide 20: Equity and liabilities

    As at 31 December EQUITY AND LIABILITIES [PLN million] As at 30 June 2021 2020 Share capital 2,239.3 2,239.3 Supplementary capital 760.8 782.4 Other items of equity (114.8) (160.2) Exchange differences resulting from conversion of financial statements of foreign operations 113.4 104.8 Retained earni

  21. Slide 21: Cash flow

    Cash flow [PLN million] 6M 2021 6M 2020 Cash flows from operating activities Profit / (loss) before tax (155.0) (231.0) Adjustments Depreciation, amortization and impairment losses 355.1 388.7 (Profit) / loss on the sale and liquidation of non-financial non-current assets (4.1) (4.2) Foreign exchang

  22. Slide 22: Disclaimers

    22 Z x4 Disclaimers This presentation has been prepared by PKP CARGO S.A. (“Company”, “PKP CARGO”) solely for information purposes. This presentation may not be copied, distributed or transmitted directly or indirectly to any person, for any purpose whatsoever without PKP CARGO’s knowledge and expli

  23. Slide 23: Investor relations contact

    To obtain additional information about PKP CARGO, please contact the Strategy, Investor Relations and Promotion Department: PKP CARGO S.A. Strategy, Investor Relations and Promotion Department ul. Grójecka 17 02-021 Warsaw Telephone: +48 22 391-47-09 Fax: +48 22 474-29-53 e-mail : relacje.inwestorsk

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