Eidesvik Offshore Asa · OSL:EIOF

Eidesvik Offshore Asa — Shareholder Meeting (May 2017)

12 slides from Eidesvik Offshore Asa's shareholder meeting presentation, May 22, 2017

  1. Slide 1: Eidesvik Offshore ASA – Annual General Meeting

    Eidesvik Offshore ASA – Annual General Meeting 22.05.2017

  2. Slide 2: Supply, Seismic, Subsea fleet overview

    Supply Seismic Subsea 7 vessels 6 vessels 5 vessels Revenues MNOK 784 479 employees Operates 23 ships

  3. Slide 3: Entering the offshore wind market

    Entering the offshore wind market Entered into an agreement with Siemens Wind Power for another contract for the vessel «Acergy Viking» on German sector. An offshore gangway system has been aquired.

  4. Slide 4: Battery installations

    Battery installations Installation of Energy Storage System on several vessels.

  5. Slide 5: New Seismic Vessel Joint Venture (2017)

    New Seismic Vessel Joint Venture (2017) Entered into an agreement with CGG to establish a new ownership set‐up for 7 seismic vessels. This new set‐up is based on the creation of a new Holding Company that will hold the shares in two entities. One of the entities will own the two vessels formerly co‐

  6. Slide 6: LTI pr 30.04.2017

    Eidesvik LT! pr 30.04.2017 MLost Time Restricted Work Medical Treatment M First Aid 26 tui:-t Bi aaa our Partner in Shipping

  7. Slide 7: Results

    Results (in million NOK) 1 500 500 Revenues Operating profit 1 000 500 0 0 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 ‐500 Operating revenue Gain on sale EBIT Gain on sale 1 000 600 EBITDA 400 Profit 500 200 0 ‐200 2012 2013 2014 2015 2016 0 ‐400 2012 2013 2014 2015 2016 ‐600 EBITDA Gain on s

  8. Slide 8: Balance

    Balance (in million NOK) 7 000 6 000 Current assets Short‐term liab. 5 000 Current assets Short‐term liab. 4 000 Long‐term liabilities 3 000 Long‐term liabilities Fixed assets Fixed assets 2 000 1 000 Equity Equity 0 Assets Equity and Assets Equity and 31.12.16 Liabilities 31.12.15 Liabilities 31.12

  9. Slide 9: Vessel employment status 31.03.2017

    31.03.2017 SPOT LAY UP LAY UP LAY UP

  10. Slide 10: Contract Backlog 31.03.17

    500 Contract Backlog 31.03.17 Millions 450 400 119 350 300 250 200 419 150 314 158 158 100 158 50 83 42 29 24 0 Rest 2017 2018 2019 2020 2021 From 2022 Consolidated Share of JV's

  11. Slide 11: Debt maturity profile 31.03.2017

    1 400 Debt maturity profile 31.03.2017 Millions 1 200 1 000 800 600 1 148 400 411 200 312 316 246 200 0 58 Rest 2017 2018 2019 2020 2021 Instalments Balloons

  12. Slide 12: Thank you for the attention

    Thank you for the attention www.vikinglady.no

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