OMV Aktiengesellschaft Move & More. OMV Group – facts & figures
OMV Aktiengesellschaft
Move & More.
OMV Group –facts & figures
2 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Growth story
1956
1960
1968
1985
„Österreichische Mineralölverwaltung Aktiengesellschaft“ founded
Start-up of the new Schwechat refinery
First Natural Gas Supply Contract with the former USSR
Start of the international E&P business (Libya)
3 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Growth story
1987
1989
1990
1991
Acquisition of Burghausen Refinery; Issue of the 1st tranche of ÖMV shares (15%)
Takeover of PCD Polymere; Issue of the 2nd tranche of ÖMV shares (10%)
Opening of the 1st ÖMV filling station;Acquisition of the chemical group
Start of the international filling station business (Hungaria)
4 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Growth story
1994
1995
1996
1998
Strategic partnership with IPIC/Abu Dhabi (19.6%)
Company name changed from ÖMV to OMV
Secondary offering of OMV shares
Integration of PCD into Borealis; Interest of 25% in Borealis (IOB 50%)
5 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Growth story
1999
2003 Important acquisitions:- International portfolio of Preussag Energie- 45% of Bayernoil-Raffinerieverbund
2004 Greatest acquisition in the company’s history:51% of the Rumanian Oil and Gas Group Petrom
Takeover of the Australian exploration and production company „CULTUS Petroleum NL“
2005 OMV and IPIC acquire 100% of Borealis;OMV sells 50% AMI stake to IPIC
6 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Growth story
2006 Acquisition of 34% of Petrol Ofisi from Dogan Holding
2006 Foundation from OMV Future Energy Fund GmbH
7 |OMV Aktiengesellschaft, Corporate Communications, September 2007
ÖIAG31.5%
Free f loat50.9%
IPIC/Abu Dhabi 17.6%
Stockholder structure
Austria 20.0%UK 10.0%USA 9.0%Rest of Europe 8.0%Rest of world 3.9%
8 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Boards of the OMV AktiengesellschaftExecutive Board:Wolfgang Ruttenstorfer (middle)Chairman
Gerhard Roiss (2nd from right)Refining & Marketing, Plastics, Chemicals
Helmut Langanger (left)Exploration & Production
Werner Auli (2nd from left)Gas
David C. Davies (right)CFO, Service Network
Supervisory Board:Rainer Wieltsch (President), Mohamed N. Al Khaily (Managing Director, 1st Deputy Chairman), Peter Michaelis (2nd Deputy Chairman), Helmut Draxler, Murtadha M. Al Hashemi (Finance Manager), Wolfram Littich, Gerhard Mayr (ExecutiveVice President), Herbert Stepic, Herbert Werner, Norbert Zimmermann
Delegates of the Central Works Council:Leopold Abraham (President), Wolfgang Baumann, Franz Kaba, Ferdinand Nemesch, Markus Simonovsky
9 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Business segments of the OMV Group
Exploration undProduction
GasRefining and Marketing incl. Petrochemicals
10 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Key companies and key subsidiariesof OMV Aktiengesellschaft
OMV Aktiengesellschaft
OMV Refining & Marketing GmbH (100%)
Petrom SA (51%)
OMV Exploration & Production GmbH (100%)
OMV Gas International GmbH (100%)
OMV Solutions GmbH (100%)
MOL (20,2%)
Petrol Ofisi (36,4%)
OMV Deutschland (10%)
11 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Key companies and key subsidiaries
Refining and Marketing incl. Petrochemicals
OMV Deutschland (90%)
OMV Supply & Trading (100%)
OMV Wärme VertriebsGmbH (100%)OMV Ceska republika (100%)OMV Slovensko (100%)OMV Hungaria (100%)OMV Slovenija (92.25%)OMV Hrvatska (100%)OMV Bosnia Hercegovina (100%)OMV Italia (100%)
Refining & Marketing GmbH (100%)
OMV Trading Services (100%)
Adria Wien Pipeline (69.5 %)
Borealis (36%)Bayernoil Raffinerie GmbH (45%)
12 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Key companies and key subsidiaries
Exploration and Production
OMV Austria Exploration & Production GmbH
OMV (BULGARIA) offshoreExploration GmbH
OMV (IRAN) onshore Exploration GmbH
OMV of Libya Limited
OMV New Zealand Ltd.
OMV (PAKISTAN) Exploration GmbH
OMV (Russland) E&P GmbH
OMV (TUNESIEN) Production GmbH
OMV (TUNESIEN) Exploration GmbH
OMV (YEMEN BLOCK S 2)Exploration GmbHOMV (YEMEN)Exploration GmbH
OMV (U.K.) Limited
OMV (IRELAND) Exploration GmbH
OMV (FAROE ISLANDS) Exploration GmbHOMV Oil Exploration GmbHOMV Oil Production GmbHOMV Oil & Gas Exploration GmbHPEI Venezuela GmbHPreussag Energie Internat. GmbH
OMV E&P Ltd.
OMV (YEMEN) Al MabarExploration GmbHOMV (YEMEN) South HoodExploration GmbH
OMV (NORGE) ASOMV Petroleum Exploration GmbH
OMV (EGYPT) Exploration GmbHOMV (YEMEN) South SanauExploration GmbH
13 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Key companies and key subsidiaries
Gas
OMV Gas International GmbH (100%)
OMV Gas GmbH (100%)
GWH GmbH (25.1%)
Nabucco International GmbH (20%)
Adria LNG Ltd. (28.4%)
Central European Gashub GmbH (100%)
EconGas (50%)
AGGM Austrian Gas Grid Management AG (100%)
BOG Baumgarten Oberkappel Gasleitungsges.mbH (51%)
OÖFerngas AG (34.1%)
AGCS Gas Clearing and Settlement AG (23.1%)
TAG Trans Austria Gasleitung GmbH (11%)
14 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Group sales 2006 by segments: EUR 18.97 bn
Refining andMarketing incl. Petrochemicals85%
Exploration & Production4%
Gas 10%
15 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Financial overview 2006
in EUR mn
1) Sales excluding petroleum excise tax
EBITClean EBITIncome from ordinary activitiesNet incomeNet cash provided by operating activitiesBalance sheet totalStockholders‘ equityNumber of employees 2)
Group sales 1)
1,958
1,9481,496
7,69449,919
15,580
2,305
15,4512,108
2005
2,0612,2572,1561,6582,027
17,804
40,993
18,970
9,176
2006
2) OMV Employees (without Petrom): 5,180
16 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Financial overview – 2nd quarter 2007
1.) excluding petroleum excise tax2.) OMV employees (exkl. Petrom): 5,353 Employees
-46,73437,910Employees 2) 46,73437,910
5%1,0701,126Cashflow565455
3%8,9449,176Sales 1)4,6464,581
3%719743Net income400411
0%1,1691,173Income ord. act.643628
(8)%1,1531,064Clean EBIT662584
(8)%1,1621,074EBIT621562
+/−1-6/061-6/07in EUR mnQ2/06Q2/07
17 |OMV Aktiengesellschaft, Corporate Communications, September 2007
135
121
2,156
1,908
95
(103)
2,061
Financial result 2006
E & P
R & M
Gas
Corporate & Other
Group EBIT
Financial items
Income from ordinary activities
in EUR mn
18 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Capital expenditure 2006
732
1,648
102
2,518
36
E & P
R & M
Gas
Corporate & Other
OMV Group
in EUR mn
19 |OMV Aktiengesellschaft, Corporate Communications, September 2007
CAPEX Program for 2007 to 2010
Co & O4%Gas
12%
E&P42%
R&M42%
Approx. EUR 2 bn CAPEX per year on average excluding majoracquisitions – around EUR 900mn dedicated to Petrom
Total CAPEX per segment CAPEX running business/growth
Petrom43%
Growth37%
Running business
20%
20 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Refining and Marketing incl. Petrochemicals Refining
DE
AT
PL
SK
HR
CZ
SI
HU
IT
RO
ViennaSchwechat
St. Valentin
IngolstadtNeustadtVohburg
Munich
Burghausen
Product pipelineOMV refinery Refinery with OMV interest
PetrobraziArpechim
21 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Refining and Marketing incl. Petrochemicals Refining: key figures 2006
Crude oil processing
in 1,000 t
Schwechat BurghausenOMV crude oil 3,346Semi-finished products 185Total feedstock 3,531
8,494
9,083
BAYERNOIL5,486
1555,641
589
22 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Refining and Marketing incl. Petrochemicals Refining: key figures 2006Total sales
in 1,000 t
Schwechat BurghausenPetrochemicalsGasolines
941
Jet fuelDiesel fuel
483564
Home heating oil 922
8391,619
628
801
BAYERNOIL
3811,6321,118
2,733
Fuel oilsBitumenCokeOthers
197159
Total sales 3,265
981390
8,141
225
1965,104
151
1,307
196
49
23 |OMV Aktiengesellschaft, Corporate Communications, September 2007
OMV market leader in Central Europe
AT
Poland
Ukraine
Turkey
Burghausen Schwechat
PetrobraziArpechim
Bayernoil
2,528
88
20 43
53
103111
564
407 219
91
169
6601
~3,6302
Status End of June 20071: including Petrom2: OMV holds 34 % of Petrol Ofisi stakes
24 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Refining and Marketing incl. Petrochemicals Marketing / Key figures
Overall market share in Austria approx. 34%Austrian filling station brands: OMV, Avanti, Strohmarket share 2006 approx. 20%Filling stations (June 2007): 2,528
Integrated commercial business including end-consumer, market share approx. 24%Commercial business via subsidiaries in AT, DE, CZ, SK, HU, IT, SI, HR, BA, RO, BG and RSIncreasing international lubricants businessEurope-wide card-business for commercial customers (about 20,000 accepting points in 36 different countries of europe)
25 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Refining and Marketing incl. Petrochemicals Borealis
Capacity: 3.9 mtpa POSales: EUR 5,74 bnApprox. 4,500 EmployeesProprietary Borstar technology
Production in (including Joint Ventures):Austria, Belgium, Brazil, Germany, Finland, Italy, Norway, Sweden, USA, U.A.E
Borealis
Film & Fibre
Hydrocarbons: Feedstock/Olefins/
PhenolPolyolefins
Moulding Engineering & Applications Pipe Wire &
Cable
The OMV has a 36% share of Borealis
26 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Exploration and ProductionWorldwide activities
27 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Exploration and ProductionKey figures
Proved Reserves as of December 31st, 2006
Austria 7.56 14.59 146.77
Oil and NGLin mn t
Natural Gasin bcm
Oil equivalentin mn boe
Production in 2006
Austria 0.86 1.25 14.01
Oil and NGLin mn t
Natural Gasin bcm
Oil equivalentin mn boe
International
Total 100.79 85.57 1,289.26
Petrom
17.34
75.49
10.25
60.73
202.09
940.41
Total 8.42 8.83 118.41
InternationalPetrom
2.624.94
1. 615.98
29.7574.64
28 |OMV Aktiengesellschaft, Corporate Communications, September 2007
OMV Gas Relevant market
CZSK
H
SLO(North) Italy
(South)Germany
TAG
WAG
Nabucco 2012
RO
BG
YU
HR
BA
Baumgarten
Sales and trading:Core marketEconGas sales clusterPetrom/OMV Gas sales cluster
Adria LNG
SOL
HAG
29 |OMV Aktiengesellschaft, Corporate Communications, September 2007
OMV Gas Key figures 2006
Russia 5,851Norway 1,272Others 1,922OMV/Petrom Production 5,385Total 14,430
Supply
OMV Gas International 1,436EconGas 7,710Petrom 4,969
Total 14,115
Sales
Working gas volume 2,120
Storage
Sold transmission volume:North-South-System 32,792East-West-System 14,106Total 46,898
Transport
in mn cbm
Working gas volume 2,120
Storage
Title Transfer 7,707
CEGH
30 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Struktur Business Unit OMV Gas
31 |OMV Aktiengesellschaft, Corporate Communications, September 2007
Contact
OMV AktiengesellschaftP.O. Box 15Otto-Wagner-Platz 51091 Vienna
Corporate Communicationsphone: +43 (1) 40 440-21660fax: +43 (1) 40 440-20999 [email protected]