Aker Solutions Asa · OSL:AKSO
Aker Solutions Asa — Shareholder Meeting (April 2009)
9 slides from Aker Solutions Asa's shareholder meeting presentation, Apr 2, 2009
Slide 1: Aker Solutions Annual General Meeting 2 April 2009
part of Aker Aker Solutions Simen Lieungh, President & CEO Annual General Meeting 2 April 2009 Agenda ■ Aker Solutions in brief ■ Update on the business ■ Concluding remarks Slide 2 © 2009 Aker Solutions part of Aker 1
Slide 2: Aker Solutions in brief / Highlights
Aker Solutions in brief Subsea Process & Construction ■ Leading global provider of engineering and construction, technology products, execution, service and integrated solutions within oil & gas and process industries ■ Approx. 23 000 employees and 10 000 contract staff in about 30 countries Product
Slide 3: Executive management team / The new Subsea and P&T business areas
Executive management team Aker Solutions President & CEO Simen Lieungh Chief of Staff & EVP CFO & EVP Niels Didrich Buch Leif Borge Energy Products & Development & Subsea Process & Technologies Construction Services Mads Andersen Per Harald Kongelf Gary Mandel Jarle Tautra Slide 5 © 2009 Aker Soluti
Slide 4: Key indicators / Order intake and backlog
Key indicators Operating revenues EBITDA Earnings per share (NOK million) (NOK million) (NOK) 60000 58 252 4000 9 3 382 8 50000 7 3000 40000 6 5.34 5 30000 2000 4 20000 3 1000 2 10000 1 0 0 0 2005 2006 2007 2008 2005 2006 2007 2008 2005 2006 2007 2008 Slide 7 © 2009 Aker Solutions part of Aker Order
Slide 5: Major contracts awarded in 2008
Major contracts awarded in 2008 Modification of the Troll C platform, Norway, for StatoilHydro Contract value ~ NOK 450 million 45 subsea trees, Brazil, for Petrobras EPC contract in joint venture with IHI, Contract value ~ USD 223 million USA for Gulf LNG Energy, LLC Contract value ~ USD 680 millio
Slide 6: Income statement consolidated / Cash flow
Income statement consolidated (NOK million) 2008 2007 Operating revenues 58 252 57 957 EBITDA 3 382¹ 3 913 Of which related to hedging 261 -68 Depreciation and amortisation -615 -431 EBIT 2 767 3 482 Net financial items -225 -106 FX on disqualified hedging instruments -439 162 Profit after financial
Slide 7: Balance sheet / Highlights
Balance sheet (NOK million) 2008 2007 Total non-current assets 13 150 8 650 Total current assets 29 574 19 866 Total assets 42 724 28 516 Equity attributable to shareholders 8 450 7 099 Minority interest 156 168 Total equity 8 606 7 267 Total non-current liabilities 8 946 4 122 Total current liabili
Slide 8: Copyright
Slide 15 © 2009 Aker Solutions part of Aker Copyright Copyright of all published material including photographs, drawings and images in this document remains vested in Aker Solutions and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be re
Slide 9: Disclaimer
Disclaimer This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections abo