NOL FY2018 Report - APL
NOL FY2018 Report22 April 20191
Key FY2018 Financial and Operational Highlights Volume increased to 5,409 thousand TEUs, up 7% over 2017 Revenue increased to US 6,357m, up 8% over FY2017 Core EBITDA of US 110m, a decline of US 310m over FY2017 Core EBIT loss of US 66m, a decline of US 313m against FY2017 Net Loss after tax of US 134m2
2018 EBITDA HighlightsCore EBITDA Bridge, USDmComments Negative impact on EBITDA (USD -310m) due to : Overall Revenue increase was mainly due to the higher volume growthin Intra-Asia and Transpacific trade. Increase of Bunker cost was due to an average rate increase in bunkercosts during the year (FY18: USD405 per tonne versus FY17:USD315 pertonne) where the rate of increase did not commensurate with the freightrates charged. Increase of Chartering/slot purchase cost was due to an increase ofslot purchases as a result of service reconfiguration (start up of OceanAlliance from April 2017). Increase of Operation cost (stevedoring, transportation, port and canalexpenses) was mainly due to the increase in inland transportation in US &Europe and stevedoring costs as a result of more volumes in US & Europe. Increase of Logistic cost due to significant lift of inland volumes onimport side as compared to export side in the US.* Note: APL is the trading name of NOL Ltd3
Key Financial Highlights*The figures have not been audited or reviewed by the auditors of the Company.4
Balance Sheet Highlights*The figures have not been audited or reviewed by the auditors of the Company.5
Cash Flow HighlightsNote 1Note 2Note 3*The figures have not been audited or reviewed by the auditors of the Company.Note 1 : Decrease is mainly due to the reduction in profits earned for the year (excluding NRIs) and reduction in cash inflow arising from payables (US 456m).Note 2 : The decrease was mainly due to additional loan made to holding company in FY18 (US 430m) and no cash inflow from disposal of a subsidiary (FY17:US 821m).Note 3 : Net cash inflow was mainly due to lesser repayment of borrowings (US 1,680m) and no dividend payout to holding company (US 666m) during the year.
Capital ExpenditureNote 1*The figures have not been audited or reviewed by the auditors of the Company.Note 1 : Decrease in vessels capital expenditure as compared to FY17 was due mainly to the acquisition of 6 vessels in FY17 (US 106m) while there was none in FY18 whichwas offset by more vessel modification costs incurred in FY18.7
Liner Operational UpdateVolume ('000 ia1,9421,7769Asia-Europe942951(1)Latin 409Note1Note 1: FY2017 volumes has been restated to align with the new method of computing, based on voyage endings rather than laden containers.8
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2018 EBITDA Highlights Core EBITDA Bridge,USDm Comments 3 * Note:APLis thetradingnameof NOL Ltd Negative impact on EBITDA (USD -310m) due to : Overall Revenue increase was mainly due to the higher volume growth in Intra-Asia and Transpacific trade. Increase of Bunker cost was due to an average rate increase in bunker costs during the year (FY18:
"A" SERIES Pom pe sin go le / Sin gle pumps 1.4 001 Pom pa tipo Pump type A B C Mas sa Mass mm mm kg APL 61 B 0-43 T0-L GF/GF-N 178,5 116,5 G 1 10,7 APL 82 191,5 122,5 G 1 11 APL 100 218 136 G 1 11,5 APL 125 B 0-43 T0-L GG/GG-N 234 152 G 1 1/4 12,3 Come or di na re (How to or der) APL 61 B0 - 43 T0 - L GF/GF -
038-010 "A" SERIES Pom pe sin go le / Sin gle pumps Pom pa tipo Pump type AB CMas sa Mass mm mm kg APL 61 B 0-43 T0-L GF/GF-N 178,5 116,5 G 1 10,7 APL 82 191,5 122,5 G 1 11 APL 100 218 136 G 1 11,5 APL 125 B 0-43 T0-L GG/GG-N 234 152 G 1 1/4 12,3 Come or di na re (How to or der) APL 61 B0 - 43 T0 - L GF/GF - N
Mechanical Deva Ponnusamy / Derick Fuller APL Mission Design Justin Atchison / Jackson Shannon APL Mission Operations Don Mackey APL Landing Benjamin Villac APL Payload Rachel Klima / David Gibson APL Power Dan Gallagher / Doug Crowley APL Pro
Tony Zasimovich Global Vertical Leader, Retail / SVP APL Logistics Kurt Breinlinger Chief Commercial Officer APL Logistics Ltd Bettina Csekme Sr. Pricing & Procurement Manager APL Logistics LTD Beat Simon President APL Logistics Ltd Joe Donlin Senior Director Southern Region APL, LTD Hans Christian Bean Director APM Terminals
Department of General Services FY2018 FY2018 Performance Accountability Report The Performance Accountability Report (PAR) measures each agency's performance for the fiscal year against the agency's performance plan and includes major accomplishments, updates on initiatives, and key performance indicators (KPIs). Mission The goal of the Department of General Services is to ensure the delivery .
Corporate Business Plan 8 Change & Innovation 3.0 For a Sustainable Future Current Corporate Business Plan: FY2018 Target vs. Forecast Naphtha Price 49,900/kl 45,000/kl Exchange Rate 110.86/ 120.00/ FY2018 Forecast FY2018 Target Change Sales Revenue Core Operating Income 220.0 240.0 -20.0 Operating Income (IFRS) 190.0 190.0 0 Net Income
1961 as the APL Technical Digest, is published quarterly under the auspices of The Johns Hopkins University Ap plied Physics Laboratory (JHU/ APL), Johns Hopkins Road, Laurel, Md. 208lO. The objective of the publication is to provide a s
Bridge is a game for four people playing in two partnerships. A standard pack of 52 cards is used. There are four Suits: z Spades, y Hearts, x Diamonds and w Clubs. Each suit has thirteen cards in the order: A,K,Q,J,10,9,8,7,6,5,4,3,2. Ace is high. THE PLAY The cards are dealt so that each player receives 13 cards. It is best to arrange them in your hand with alternating red suits and black .
