Annual Reports. com. 6 – Other operating income and net income from equity-accounted investments. Q4 2023 Earnings Release. Financial performance. 47,619 2022. Fair value. (212) (6) Net income from equity-accounted investments. 9 bn in 2020, mainly due to the full consolidation of Borealis. We were appointed by the Supervisory Board on June 22, 2021. 21,074. Gas production from the Ebenthal field in Vienna Basin starts. Explore the 2021 OMV Annual Report. com. Notes to the Income Statement 5 – Sales revenues. Suite 7-210 Baton Rouge, LA 70802 . Aker BP. 2024-01-10 - Q4 2023 Sales and. Annual Report view report. 2022. 2023 Half-Year Financial report. 2022. OMV expects production levels of ~370 kboe/d by 2025 and ~350 kboe/d by 2030, with a share of around 60% of natural gas, excluding any potential divestments. When building its financial plan, OMV set a sound capital allocation policy: first, investing in its organic portfolio; second, paying attractive dividends; third, pursuing inorganic spending for an accelerated transformation; and fourth, deleveraging* Depending on the leverage ratio of OMV, the order between inorganic growth and deleveraging. 1,813. This included 421,342 (2020: 159,581) contingently issuable bonus shares related to Long Term Incentive Plans and the Equity Deferral. 2024-01-31. Other liabilities. The receivables consisted of EUR 318 mn (2021: EUR 352 mn) for costs relating to decommissioning and EUR 8 mn (2021: EUR 20 mn) for. Today, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) and its division of Florida Highway Patrol (FHP) honored the nation’s Veterans during our annual FLHSMV Veteran’s Day Event. Changes in segment reporting. OMV’s Stern told the Financial Times this month that chemicals are “the growth engine” of its strategy and that it is aiming for 50 per cent of its operating results to come from the sector. Notes to the Income Statement 9 – Other operating expenses. counts the number of sessions and assigns an anonymous identifier to each visitor. The consolidated financial statements for 2020 have been prepared in million EUR (EUR mn, EUR 1,000,000 ). 2,818. This included 239,035 (2021: 421,342) contingently issuable bonus shares related to Long Term Incentive Plans and the Equity Deferral. Date of initial appointment: April 1, 2021. 1. [email protected]. Downloads; to page top. Annual Report view report. A. 99%. Other financial liabilities. Upcoming events on OMV AG. Borealis is a leading provider of base chemicals, polyolefins, and fertilizers and is the second-largest polyolefin producer in Europe and among the top-ten producers globally. Calendar. The stake in the Wisting oil field was sold to Lundin Energy AB on December 17, 2021. Notes to the Income Statement 10 – Personnel expenses. en de. OMV has a 24. On October 27, 2021, OMV Petrom published its Financial Calendar for 2022. The calculation of diluted Earnings per Share took into account the weighted average number of ordinary shares in issue following the conversion of all potentially diluting ordinary shares. Financial Calendar 2018 (PDF, 95,1 KB) Sustainability Report 2017 (PDF, 5,7 MB) Share on. Basis of Preparation and Accounting Policies 1 – Basis of preparation. OMV AG is the leading oil and gas group in central Europe. February. ON. 2024-01-11 01:30 am Q4 2023 Sales and Revenue Release - Trading UpdatePositive CCS effects of EUR 110 mn (2018: EUR 27 mn) were recognized in 2019. Notes to the Income Statement 12 – Taxes on income and profit. Notes to the Statement of Financial Position 16 – Equity-accounted investments. Disbursement is made in cash or in shares. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 02. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. Strategy, key figures and highlights. Income Statement Evolution More financial data Analysis / Opinion OMV : Weaker medium-term outlook prompts our cuts . Annual Report current report. OMV’s Supervisory Board consists of ten members elected by the Annual General Meeting (shareholders’ representatives) and five members delegated by the Group’s Works Council. Dec 05, 23 Berenberg Pennyhill Conference, London. 2021. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Explore the 2022 OMV Annual Report. 86%. Intangible assets. Annual Report current report. Basis of Preparation and Accounting Policies 3 – Changes in group structure. Notes to the Statement of Financial Position 23 – Provisions. Strategy, key figures and highlights. In 2023, the OMV refining indicator margin Europe is expected to be between USD 10/bbl and USD 15/bbl (2022: USD 14. OMV Petrom S. Notes to the Income Statement 8 – Exploration expenses. The carrying amount of financial assets at fair value through profit or loss as at December 31, 2021 was EUR 4,941 mn (2020: EUR 3,353 mn). 14%. Stock Information Preference and Ordinary Shares ; Performance Calculator ; Information on the Securities ; Capital Measures ;Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 6. Calendar. Here you can find all the news, information on the share and. Financial Calendar 2020. A substantially higher contribution from the nitrogen business and the positive impact from stronger olefin margins were more than offset by considerably weaker European polyolefin margins, significantly lower positive inventory valuation. 14 – Intangible assets; 15 – Property, plant and equipment; 16 – Equity-accounted investments; 17 – Inventories; 18 – Financial assets; 19 – Other assets; 20 – Assets and liabilities held for saleCalendar OMV AG Borsa Italiana Equities 4OMV AT0000743059 End-of-day quote Borsa Italiana. OMV is a financing partner of the Nord Stream 2 project. Financial performance. Notes to the Income Statement 9 – Other operating expenses. Annual Report current report. portal. 02. Proponent and exception authority. S. Further Information Financial Calendar Further Information Glossary Topics Filter. Notes to the Income Statement 11 – Net financial result. Most liabilities remain within trade payables and other financial liabilities until payment. 7 MB) 1 Figures reflect the Q1/22 period; all comparisons described relate to the same quarter in the previous year. Daily production was 392 kboe/d* in 2022 (2021: 486 kboe/d), with a roughly equal share of natural gas and liquids production. A. OMVPetrom. There were no major acquisitions during 2021. Income Statement Evolution More financial data Analysis / Opinion OMV : Weaker medium-term outlook prompts our cuts . A. 2022. Financial performance. As of December 31, 2021, assets held for sale and liabilities associated with assets held for sale in Chemicals & Materials related entirely to the nitrogen business unit of Borealis Group. Risk Management. The dividend payout ratio is 52. The complete financial calendar and. Johann Pleininger started his professional career at OMV in 1977 and later studied. A total of 136 countries representing more than 77% of global carbon emissions and 80% of GDP have made some form of net-zero commitment as of November 2021. Executive Board members have to fulfill the shareholding requirement within five years after the initial respective appointment. Starting March 1, 2022, the investments in SNGP and YRGM are accounted for at fair value through profit or loss according to IFRS 9. Costs of goods and materials. 2022. Strategy and targets of debt financing. In Romania, OMV Petrom gas and power activities delivered an excellent operating result, reflecting strong power business performance and the optimization of both product and customer portfolios. Quarterly Report - Q3 2023. Chairman of the Executive Board and Chief Executive Officer, Executive Board member for the Chemicals & Materials division. In this section, we will keep you informed about the latest events on the capital market and current business developments, as well as provide details of our strategy, financial. Equity instruments designated as at fair value through other comprehensive income. 2024-01-10. 6. Notes to Statement of Financial. FINANCIAL CALENDAR April 12, 2023 Trading Update Q1 2023 April 28, 2023 Results January–March 2023At the end of 2022, the OMV Group employed 22,308 people. Strategy, key figures and highlights. These include leading oil and gas, and chemical companies. 26 – Statement of cash flows; 27 – Contingent liabilities; 28 – Risk management; 29 – Fair value hierarchy;. In the Gas Marketing Western Europe business, OMV markets and trades natural gas, operates natural gas storage facilities with a capacity of 30 TWh, and holds a 65% stake in the Central European Gas Hub (CEGH). “First consolidation” refers to newly formed or existing subsidiaries, while “First consolidation (A)” indicates the acquisition of a company. 2021. Annual Report view report. About OMV Petrom OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 43 million boe in. Further details on impairments and write-ups can be found in Note 7 – Depreciation, amortization, impairments and write-ups. Add to calendar Google Yahoo! iCal Outlook. A. This change led to a loss of EUR 658 mn. Annual Report view report. Corporate Responsibility. Explore the 2022 OMV Annual Report. -. The clean Operating Result rose sharply from EUR 2,892 mn to EUR 7,396 mn in 2022. Notes to the Income Statement 11 – Net financial result. At initial recognition, OMV classifies its financial assets as subsequently measured at amortized cost, fair value through other comprehensive income or fair value through profit or loss. OMV produces and markets oil and gas, as well as chemical solutions in a responsible way. 01% Investment will provide Borealis increasing access to chemically recycled feedstock, strengthening the Borcycle TM C portfolio of virgin-level grade recycled productsFurther Information Financial Calendar Further Information Glossary Topics Filter. 177. On September 1, 2021, Alfred Stern became Chairman of the Executive Board of OMV Aktiengesellschaft, having already. The financial statements of all consolidated companies are prepared in accordance with uniform group-wide accounting. Un viitor în care vom investi 11 miliarde de euro până în 2030. 9 – Other operating expenses 11 – Net financial result. Strategy, key figures and highlights. Management is of the opinion that litigations, to the extent not covered by provisions or insurance, will not. Download OMV Petrom Financial Calendar 2020 (PDF,. CDP request for cities, states and regions. Financial Calendar 2014. In the absence of detailed disclosure rules in this area under IFRS, the Group has elected to voluntarily disclose the data that would have been required under the ASC 932 as if it was reporting under US GAAP. HOME. Starting March 1, 2022, the investments in SNGP and YRGM are accounted for at fair value through profit or loss according to IFRS 9. Other stock markets. Investors. Third St. Back to Investor News. November 9, 2023 - Third quarter 2023 results. Basis of Preparation and Accounting Policies 3 – Changes in group structure. OMV’s financing strategy focuses on cash flow and financial stability. 7%; excluding Borealis) of employees in management and executive positions are female. OMV Yemen also has a 34% stake in Block 3 and 19. 14 – Intangible assets; 15 – Property, plant and equipment; 16 – Equity-accounted investments; 17 – Inventories; 18 – Financial assets; 19 – Other assets; 20 – Assets and liabilities held for saleOMV Annual Report 202012 ianuarie 2023. Update Financial Calendar 2017. This special dividend will. Interest income from loans included EUR 84 mn (2019: EUR 70 mn). OMV. 2021. Lease liabilities increased mainly due to the new leasing contracts for storage infrastructure related to the propane dehydrogenation plant (PDH) in Kallo, Belgium. 38. Berenberg & Goldman 12th German Corporate Conference, Munich. 2020. Notes to the Income Statement 8 – Exploration expenses. Businesses around the world have reacted and pledged to achieve net-zero by 2050. Consolidated Corporate Governance Report. More about "Investor Relations" About our stock. 23,544. OMV Global. This, together with stringent cost and capital. 4%. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Other stock markets. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. Introduction We have reviewed the interim condensed consolidated financial statements of OMV Petrom S. 2. On June 2, 2021, OMV’s Annual General Meeting approved a dividend of EUR 1. Quiet period begins on October 16, 2023. On September 29, 2020, OMV’s Annual General Meeting approved a dividend of EUR 1. Explore the 2021 OMV Annual Report. Notes to the Income Statement 10 – Personnel expenses. OMV holds a 10% interest in Pearl Petroleum Company Limited (Middle East and Africa region). The accounting policies adopted are consistent with those of the previous financial year, except for the changes as described below. Explore the 2022 OMV Annual Report. The clean CCS Operating Result rose slightly from EUR 1,643 mn to EUR 1,677 mn in 2019 mainly following a higher result in Downstream Oil, partially offset by a lower Downstream Gas result. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Explore the 2022 OMV Annual Report. 21,074. The consolidated financial statements comprise the financial statements of OMV Aktiengesellschaft and the entities it controls (its subsidiaries) as at December 31, 2022. For the years 2026 until 2029, OMV assumed a Brent oil price of USD 65/bbl which is expected to gradually decline to USD 60/bbl until 2035. 2024. 1%). Dividend income from domestic subsidiaries is in general. Notes to the Income Statement 5 – Sales revenues. Sustainability Reports. 135. 327,272,727. 2020. The net financial result improved to EUR (129) mn (2018: EUR (226) mn). September 27, 2023 - Capital Markets Day at 11:00 a. Increase in shares 2. A 50% decrease in either LNG volumes or margin would lead to an additional provision of EUR 173 mn. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 50. These mainly consisted of financial assets held for trading. In order to sustain the above-mentioned production levels, ramp up the low-carbon business, and deliver strong cash generation, OMV Energy anticipates a total annual average CAPEX in 2022. On April 19, 2022, Bayport Polymers LLC, which is accounted for using the equity method, partially repaid the loan towards the Group in the. Natural gas sales volumes to third parties reached 38. 9 percent. The OMV Investor Relations team is always available for stakeholders with information, publications and events. Overall amount reported in 2021 represents a net cash inflow due to the sale of OMV’s 25% stake in the Wisting oil field in Norway leading to a cash inflow of EUR 290 mn. OMV AG Financial Overview. In data de 27 octombrie 2021, OMV Petrom a publicat Calendarul financiar pentru 2022. The Downstream Oil clean CCS Operating Result increased in 2019 by EUR 56 mn to EUR 1,495 mn. Notes to the Income Statement 9 – Other operating expenses. 6,159. These mainly consisted of financial assets held for trading. 24/2017 on issuers of financial instruments and market operations, as republished ("Law no. Financial Calendar; Glossary. March. 2021. Consolidated Statement of Financial Position as of December 31, 2021 Consolidated Statement of Cash Flows for 2021. Calendar Financiar 2022. Six of the current shareholders’ representatives were elected at the 2019 Annual General Meeting ( AGM ), two at the 2020 AGM, and two at the 2021 AGM. Like the oil, natural gas, and chemical industry as a whole, OMV is exposed to a variety of risks – including market and financial risks, operational risks, and strategic risks. Furthermore, a 1 percentage point decrease in the discount rate would lead to an additional provision of EUR 23 mn. Download OMV Petrom Financial Calendar. Financial liabilities at amortized cost. Annual Report current report. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. Perioada de tacere ("Quiet period") (1) 19 ianuarie – 1 februarie 2023. OMV enters in the normal course of business into various master. Strategy, key figures and highlights. Strategy, key figures and highlights. 326,989,851. Moreover the line contained impacts from the deconsolidation of JSC GAZPROM YRGM Development (YRGM) and OJSC Severneftegazprom (SNGP) as well as the fair value changes related. April. Explore the 2021 OMV Annual Report. Final Results for the year to 31 March 2023. Chris Uhl, OMV was born in Cleveland, OH and comes from a family of eight. 1,953. 2022. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. company earnings calendar and analyst expectations - Upcoming and past events | Bucharest Stock Exchange: SNP | Bucharest Stock Exchangeportal. 2022. The net financial result decreased to EUR (175) mn (2019: EUR (129) mn). 000 economic indicators, actual values, consensus figures and proprietary forecasts. 9%): 4. Annual Report view report. On October 30, 2013 Petrom published the Financial Calendar for 2014. This, together with stringent cost and capital expenditure reduction. The purchase price of the transaction. Toate Știrile. Annual Report current report. Earnings Calendar Dividend Calendar Economic Calendar IPO Calendar Market Holidays. 20. Chris Office Extension: 223 Fr. In the Gas Marketing Western Europe business, OMV. Details on impairments and write-ups can be found in Note 7 – Depreciation. Annual Report view report. Notes to the Income Statement 8 – Exploration expenses. As of December 31, 2021, one other proceeding was pending against OMV related to local service contractors in one of the subsidiaries. 4 TWh, an increase of 31% over 2019. Sustainability Reports. 2019 included the acquisition of SapuraOMV in amount of EUR 336 mn. 39. Notes to the Income Statement 12 – Taxes on income and profit. 96% (2019: 3. 25. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Dashboard. 8 mn t). 10. Notes to the Income Statement 9 – Other operating expenses. Financial Calendar; Glossary. The clean Operating Result decreased from EUR 2,027 mn to EUR 1,951 mn in 2019. Total hydrocarbon sales volumes rose to 462 kboe/d (2020: 439 kboe/d), following the production development. OMV AG company earnings calendar and analyst expectations - Upcoming and past events | Wiener Boerse: OMV | Wiener BoerseOMV produces and markets oil and gas as well as chemical products and solutions in a responsible way and develops innovative solutions with a special focus on circular economy. For further details on project-related risks and their management, see the OMV EMTN Prospectus dated June 17, 2022. Notes to the Statement of Financial Position 21 – Equity of stockholders of the parent. Explore the 2022 OMV Annual Report. Results January–September and Q3 2021. A substantially higher contribution from the nitrogen business and the positive impact from stronger olefin margins were more than offset by considerably weaker European polyolefin margins, significantly lower positive inventory valuation effects, lower sales volumes in Europe, and a. 30M. Before your consent,. Financial Borealis delivers solid third quarter financial result in challenging yet improving market environment 04/11/2020. The divestment plan triggered a write-up. Contact . 88%). 75. Starting with Q1/21 the OMV Group structure was reorganized, which involved splitting and expanding former operating Business Segment Downstream into two areas: Refining & Marketing and Chemicals & Materials. 2020. 8 TWh in 2020. 85 per share for 2020 as well as all other agenda items including the new Remuneration Policy for the Executive Board and Supervisory Board, the Long Term Incentive Plan 2021, the Equity Deferral 2021. 24% in Block. 27 – Contingent liabilities. The code is publicly accessible at OMV’s compliance with the ACCG was evaluated externally by independent advisors for the 2022 financial year. At year end 2022, proven reserves amounted to 1,037 mn boe. A. Annual General Meeting. Contact. Explore the 2021 OMV Annual Report. Capital expenditure in Refining & Marketing amounted to EUR 654 mn (2020: EUR 570 mn). . OMV recognizes provisions for litigations if these are more likely than not to result in obligations. Capital expenditure in Refining & Marketing amounted to EUR 654 mn (2020: EUR 570 mn). Notes to the Consolidated Financial Statements Notes to the Statement of Financial Position. Annual Reports. SQ64ZtIkvhzxEYSNvcjbs9AE1hoRW_9sqpX32kKJ-mw. The complete financial calendar and confirmation of the dates can be found at: Fields of Activity Glossary. Sales revenues. 2. ON Kraftwerke GmbH (HGB) Spin-off Documents. Notes to the Statement of Financial Position 23 – Provisions. FINANCIAL CALENDAR April 12, 2023 Trading Update Q1 2023 April 28, 2023 Results January–March 2023OMV Annual Report 2020. OMV covers its financing needs. ON Kraftwerke GmbH (HGB) 2013 Annual report E. 2020. 7 – Depreciation, amortization, impairments and write-ups 9 – Other operating expenses. A total of 20. Published: 1 November 2022. Strategy, key figures and highlights. Net sales break down by activity as follows: - refining and distribution of hydrocarbons (58. Financial performance. 7 mn t in 2022, and a European market. Total assets increased by EUR 3,414 mn to EUR 40,375 mn. The OMV Annual Report 2019 – 20,000 reasons why we’re excited about tomorrow. Auditor’s Report Consolidated Statement of Comprehensive Income for 2021. BofA Securities Materials & Infrastructure Conference 2021 (virtual) Monday, November 29, 2021. 2020. OMV News, February 28, 2018 - 16:30 pm (CET) OMV Group. 14 – Intangible assets; 15 – Property, plant and equipment; 16 – Equity-accounted investments; 17 – Inventories; 18 – Financial assets; 19 – Other assets; 20 – Assets and liabilities held for sale1,308. 1. Annual Report view report. Annual Report current report. The Group’s risk management processes focus on identification, assessment, and evaluation of such risks and their impact on the Group’s financial. OMV integrates risks and opportunities related to climate change impacts into the development of the Company’s business strategy and the planning of operational activities. A. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. OMV Petrom S. Explore the 2022 OMV Annual Report. For further details on health, safety, security, and environmental risks, please refer to the chapter Health, Safety, Security, and Environment in the Directors’ Report. 53,798. Berenberg European Conference 2023 Manhattan. See Note 21 – OMV equity of the parent. 2019. Investors. Non-current assets: Intangible assets and property, plant and equipment decreased by EUR 916 mn compared to 2020 impacted by held for sale classifications, especially of the nitrogen business unit of Borealis. 3,549. With a Group tax rate of 38% (2018: 40%) the net income amounted to EUR 2,147 mn. Due to the acquisition as of October 29, 2020, the average of the month´s end numbers for October – December has been taken into account for the calculation. 1,529. Significant non-cash items. 108 alin. OMV Annual Report 2020. . 2024. 157. In 2019, OMV provided funds of EUR 113 mn, bringing OMV’s total current payments under the financing agreements for Nord Stream 2 to EUR 712 mn. Notes to the Income Statement 8 – Exploration expenses. (13) din Legea nr. 56,429. For previous financial reports and presentations from Elkem, please see here. Key Figures Comparison; Compare to last year. OMV Global. 6. 30 per share for 2021, as well as all other agenda items, including the new Remuneration. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. Strategy, key figures and highlights. As of December 31, 2022, the maximum exposure to loss from the securitization program was EUR 196 mn (2021: EUR. Nov 28, 23 EKF Deutsches Eigenkapitalforum, Frankfurt.