EXMAR : Half year report 2020

HALF YEAR REPORT

EXMAR

20

20

YEARHALF 2020REPORT

2

FINANCIAL

OVER-

VIEW

CONSOLIDATED KEY FIGURES
International Financial	Management reporting based
	Reporting Standards (IFRS 11) (Note 1)	on proportionate consolidation (Note 2)
	30/06/2020	30/06/2019	30/06/2020	30/06/2019

CONSOLIDATED STATEMENT OF PROFIT OR LOSS (IN MILLION USD)

Turnover

EBITDA

Depreciations and impairment losses Operating result (EBIT)

Net finance result

Share in the result of equity accounted investees (net of income tax) Result before tax

Tax

Consolidated result after tax of which group share

85.4	57.0	135.4	99.5
37.7	22.2	69.7	48.5
-33.3	-15.4	-50.5	-32.1
4.5	6.8	19.2	16.4
-5.2	-14.5	-12.4	-23.5
7.0	1.2	-0.5	0.7
6.3	-6.5	6.3	-6.4
-1.9	-1.3	-1.9	-1.4
4.4	-7.8	4.4	-7.8
4.4	-7.8	4.4	-7.8

INFORMATION PER SHARE (IN USD PER SHARE)

Weighted average number of shares of the period	57,226,737	57,226,737	57,226,737	57,226,737
EBITDA	0.66	0.39	1.22	0.85
EBIT (operating result)	0.08	0.12	0.34	0.29
Consolidated result after tax	0.08	-0.14	0.08	-0.14
INFORMATION PER SHARE (IN EUR PER SHARE)
Exchange rate
1.1039	1.1326	1.1039	1.1326
EBITDA	0.60	0.34	1.10	0.75
EBIT (operating result)	0.07	0.10	0.30	0.25
Consolidated result after tax	0.07	-0.12	0.07	-0.12

Note1: The figures in these columns have been prepared in accordance with IFRS as adopted by the EU.

Note2: The figures in these columns show joint ventures applying the proportionate consolidation method instead of applying the equity method. The amounts in these columns correspond with the amounts in the 'Total' column of Note 4 Segment Reporting in the Financial Report per 30 June 2020. A reconciliation between the amounts applying the proportionate method and the equity method is shown in Note 5 in the Financial Report per 30 June 2020.

Key ratio's

in MUSD on 30.06.2020 (based on proportionate consolidation method)

39.17%	69.7
EQUITY RATIO	EBIDTA

1,152.1	537.1	66.0
TOTAL ASSETS	NET DEBT	REBIDTA
$	$	$

REBITDA CONTRIBUTION PER SEGMENT
Shipping	Infrastructure	Services
35
30
25
20
15
10
5
0
-5	2019	2020

REBITDA: recurring ear­ nings before interests, taxes, depreciations and amortizations (including impairment). Following items are excluded from EBITDA in 2020: license fee (Infrastructure: USD 0.1 million) and cancellation fee Excelerate (Services:USD 3.6 million).

Following items are excluded from EBITDA in 2019: license fee (Infrastructure: USD 1.6 million) and sale RESLEA (Ser- vices: USD 19.3 million).

YEARHALF 2020REPORT

4

#01

ACTIVITY

REPORT