Bw Lpg Limited · OSL:BWLPG

Bw Lpg — Aurora LPG Holding — Q4 2015 Earnings Presentation

8 slides from Bw Lpg's earnings presentation, Feb 29, 2016

  1. Slide 1: Aurora LPG Fourth quarter 2015 presentation

    AURORA LPG Fourth quarter 2015 presentation February 29, 2016 CEO Børge Johansen & CFO Nikolai Jebsen

  2. Slide 2: Disclaimer

    DISCLAIMER THE PRESENTATION AND ITS APPENDICES (JOINTLY THE “PRESENTATION”) HAVE BEEN PREPARED BY AURORA LPG HOLDING ASA (THE “COMPANY”) FOR INFORMATION PURPOSES ONLY. THE RECEIPT OF THIS PRESENTATION IS PERSONAL, AND THE PRESENTATION MAY NOT REPRODUCED, REDISTRIBUTED OR PASSED ON, IN WHOLE OR IN PA

  3. Slide 3: Summary

    SUMMARY  Time Charter Equivalent revenue USD 16 million  Spot pool result USD 62,000  Net Income USD 8 million  Earnings per share USD 0.28  Dividend declared USD 0.10 – total dividends and repurchases to date of approximately USD 0.65  Cash and net operating/financial assets USD 36 million 

  4. Slide 4: Profit & Loss

    PROFIT & LOSS  Total revenue USD 16 million  Ship Opex USD 7,150/day  Loss on receivables relates to 2014 business and is not related to Atlantic Tankers  Net Income USD 8 million  2015 net income of USD 2.02 per share  Dividend USD 0.10 per share 4 © Aurora LPG

  5. Slide 5: Cash Flow

    CASH FLOW  Operating cash flow close to flat Q/Q  USD 10 million invested in new builds  Bond offering concluded in Q4  Cash end of period USD 31 million 5 © Aurora LPG

  6. Slide 6: Balance Sheet

    BALANCE SHEET  Book value of sailing fleet USD 74 million on average per vessel  USD 155 million invested in newbuilds  Cash and net operating/financial assets USD 36 million  Book equity USD 280 million or 67% of total assets  Company remains well withing all covenants 6 © Aurora LPG

  7. Slide 7: US Propane Production ('000 bpd)

    US PROPANE PRODUCTION (‘000 BPD) 7 © Aurora LPG

  8. Slide 8: Aurora LPG Holding ASA

    AURORA LPG HOLDING ASA Address Aurora LPG Holding ASA Dronningen 1 0287 Oslo Norway Contact CEO: Børge F. Johansen mobile +47 41 41 44 44 [email protected] CFO: Nikolai C.H. Jebsen mobile +47 46 28 22 22 [email protected] COO: Sujoy K. Seal mobile +47 94 81 66 76 [email protected] 8 © Aurora LPG

Aurora LPG Holding — Q4 2015 Earnings Presentation on 6ix