IR Presentation SAMSUNG ENGINEERING 2

Transcription

1 IR Presentation SAMSUNG ENGINEERING

2 1 Introduction CONTENTS 2 Business Update 3 Appendix

3 Introduction Business Portfolio Hydrocarbon Refinery Gas Petrochemical Upstream CDU/VDU HDS Aromatics Alkylation Heavy Oil Upgrading Gas Processing Liquefaction LNG Terminal Reforming Ethylene EO/EG Polymers Polysilicon PDH Fertilizers Coal Gasification Fine Chemicals GOSP Pipeline Offshore Non Hydrocarbon Power Industrial Facility Water Treatment CCPP Coal-fired Oil-fired IGCC Co-gen IT Industrial Manufacturing Bio-pharmaceutical Metallurgy Desalination Water Reuse Ultrapure Water Solid Water Air Pollution Prevention Water & Wastewater Treatment 3/14

4 Business Results (\ billion) New Order Sales Operating Profit 6,288 6,377 9,806 8, % 66% 71% 60% 37% 34% 29% 40% (\ billion) 1,028 Hydrocarbon Non Hydrocarbon 4/14

5 Business Outlook (\ billion) New Order Sales 6,377 7,000 8,912 8,000 66% 60% 60% 65% 34% 40% 40% 35% Hydrocarbon 15(E) 15(E) Non Hydrocarbon 5/14

6 Order Backlog Breakdown Year Awarded Major Ongoing Projects Before 3% % Yr. Awarded 2011 Category Project Award ($ million) Completion Gas Shaybah PKG #1, #2 1, Power Shaybah PKG # Upstream Shaybah PKG #4 1, Upstream Banyu Urip (GOSP) % % Petrochemical UGCC PKG #B(GSP, PE/PP) Upstream Iraq West Qurna Ph.2 (GOSP) 1, Power Balkash Thermal Power Plant 1, Upstream Senoro Gas Petrochemical Bolivia YPFB Ammonia and Urea \12.8 trillion Refinery UAE Carbon Black & Delayed Coker 2, Power Yanbu Power Plant Phase 3 1, Gas Iraq Badra CPF Phase Petrochemical Azerbaijan Ammonia & Urea % % 2013 Refinery Riyadh Clean Transportation Fuel Power Cogen IPP Gas Malaysia TGAST Power Chile Kelar BHP 442 ' Upstream Algeria Timimoun 802 ' Upstream Iraq Eni Zubair Oil Field 840 ' Refinery KNPC Clean Fuel 1,634 ' /14

7 Order Backlog Breakdown Product Refinery 19% Upstream 6% Power 28% Upstream 15% Power 25% \15.6 trillion Refinery 25% \12.8 trillion Petrochemical 17% Non Hydrocarbon 19% Non Hydrocarbon 16% Gas 11% Petrochemical 10% Gas 9% Region Domestic 15% CIS 22% America 5% CIS 15% Domestic 11% America 7% \15.6 trillion Asia 10% \12.8 trillion Asia 7% GCC 41% MENA 7% GCC 30% MENA 30% (MENA : Iraq + Africa) 7/14

8 Debt & Credit Line (\ billion) Debt Net Debt (\ billion) (\ billion) Credit Line 2,600 1,500 1,100 2,500 1, % 41% 56% 59% Available In Use 8/14

9 Manpower Update Manpower Trend 8,414 8,255 7,550 Manpower Breakdown Non Hydrocarbon 27% Admin 10% Product 8,255 Support 10% Procurement 7% Division RM 2% 8,255 Marketing 2% PM 16% Quality/Safe 4% SECL Subsidiary Hydrocarbon 63% Engineering 35% Construction 24% 15(E) Foreigner Ratio & Per Capita Sales Global Operation % 18.8% 16.4% SEI(India) SESA(Saudi) SET(Thai) SEA(USA) Foreigner Ratio Per Capita Sales (\ billion) 15(E) 15(E) 15(E) 15(E) 15(E) 9/14

10 Statement of Profit or Loss (\ billion) Revenue 11,440 9,806 8,912 Gross Profit 1, Operating Profit 737 1, Pre-tax Profit Net Income Gross Profit(%) 11.3 % 5.6 % 6.1 % Operating Profit(%) 6.4 % 10.5 % 1.8 % Pre-tax Profit(%) 6.2 % 9.4 % 0.7 % Net Income(%) 4.6 % 7.2 % 0.6 % 10/14

11 Statement of Financial Position Total Assets 5,674 5,929 6,152 Current Assets 4,188 4,266 4,557 Non-current Assets 1,486 1,663 1,595 Total Liabilities 3,985 5,023 5,199 Current Liabilities 3,554 4,277 4,722 Long-term Liabilities Total Equities 1, Capital Stock Capital Surplus Retained Earnings 1, ,013 Capital Adjustment /14 (\ billion)

12 Financial Index & Capex Financial Index Capex (\) (\ billion) (E) Gross Profit Margin 11.3% 5.6% 6.1% Facilities Pre-tax Profit Margin 6.2% 9.4% 0.7% Capital Expenditure ROE 31% 78% 6% EPS 14,264 19,128 1,487 R&D DPS 3, Total DPS from separated financial statement 12/14

13 Appendix Major Ongoing Projects Yr. Awarded Category Project Region Client Award ($ million) Completion Gas Shaybah PKG #1, #2 Saudi Arabia Saudi Aramco 1, Power Shaybah PKG #3 Saudi Arabia Saudi Aramco Upstream Shaybah PKG #4 Saudi Arabia Saudi Aramco 1, Upstream Banyu Urip (GOSP) Indonesia MCL(Exxon Mobil) Petrochemical UGCC PKG #B(GSP, PE/PP) Uzbekistan UZ-Kor Gas Chemicals LLC Upstream Iraq West Qurna Ph.2 (GOSP) Iraq Lukoil(Russia) 1, Power Balkash Thermal Power Plant Kazahstan Samruk-Energy 1, Upstream Senoro Gas Indonesia Pertamina Petrochemical Bolivia YPFB Ammonia and Urea Bolivia YPFB Refinery UAE Carbon Black & Delayed Coker UAE Takreer 2, Power Yanbu Power Plant Phase 3 Saudi Arabia SWCC 1, Gas Iraq Badra CPF Phase 2 Iraq Gazprom Petrochemical Azerbaijan Ammonia & Urea Azerbaijan SOCAR Refinery Riyadh Clean Transportation Fuel Saudi Arabia Saudi Aramco Power Cogen IPP Saudi Arabia Saudi Aramco Gas Malaysia TGAST Malaysia Petronas Power Chile Kelar BHP Chile Kelar 442 ' Upstream Algeria Timimoun Algeria Groupement Timimoun 802 ' Upstream Iraq Eni Zubair Oil Field Iraq Eni 840 ' Refinery KNPC Clean Fuel Kuwait KNPC 1,634 ' /14

14 Appendix Global Operations Italy Russia Head Office United States Mexico Europe CIS Asia North America Middle East & Africa Saudi Arabia UAE Kuwait Iraq Algeria India Vietnam Indonesia Thailand Malaysia China Japan Venezuela Latin America Brazil Subsidiary & Branch Office (18) Global Engineering Center(4) 14/14