Sales of "Sovcomflot" IFRS in the I half of 2012 increased by 6.2% — to $ 777.7 million as reported by the press service of the company’s net profit for the period, despite the negative charter market was $ 50.9 million . EBITDA for the six months increased by 1.9% — to $ 267, 9 million
Results of financial-economic activity of the company in the I half-year 2012 were reviewed on 11 September meeting of the Board of Directors.
On 30 June 2012 the company’s cash was $ 319, 6 million, up 21% from the same period in 2011. The ratio of net debt to capital was 48.3% at the end of the reporting period, compared with 47.6% as at 31 December 2011.
At the end of the reporting period, capital expenditure on shipbuilding program group companies totaled $ 1,000,000,000 579,600,000, of which at June 30, 2012 were $ 1,000,000,000 138.1 million
June 30, 2012, the company paid dividends of $ 420.6 million rubles., Or 0.21 rubles. per share (in the first half of 2011 — one billion rubles., or 0.51 rubles. per share).
"At the end of the first half of 2012, a group of" SCF "continued the implementation of the objectives of the development strategy up to 2017, to further expand the company’s involvement in the maintenance of large Russian industrial projects on the continental shelf and in the specialized transportation of energy resources, such as marine transport Liquefied natural gas (LNG). During the reporting period were concluded important contracts with key customers, implemented a number of technically complex engineering projects ", — said the results of the enterprise CEO of JSC" Sovcomflot "Mr. Frank.
Among the major events marked the next six months. In the past six months the company had signed long-term time-charter agreement with Shell Trading & Shipping company (STASCO) for rent 2 ice-class LNG carriers of 170,000 cubic meters. m each. Signed long-term time-charter agreement with Sibur to rent 2 LNG LPG (liquefied petroleum gas) of 20.6 thousand cubic meters. m each. Fleet joint venture with Glencore International AG added 4 product tankers 74 tonnes each, taken into operation in the I quarter of 2012.
In the II quarter of tanker NS Parade first stepped into the pickup to a new deep-water berths for the handling of light and dark oil products, built by JSC "NK" Rosneft "in the framework of the modernization of the Tuapse refinery. Tanker Nevsky Prospekt was the first vessel of class "Aframax" Immerse yourself in a new oil terminal at the port of Ust-Luga, which is part of the second phase of the Baltic Pipeline System (BPS-2).
Completed a complex engineering operation to tow and installation of the production platform base "Golden Eagle" for the field A-D (the "Sakhalin-1").
Signed a credit agreement with the banks Citi and Bank of America Merrill Lynch to finance the construction of two VLCC tankers in the amount of $ 140 million Tankers will be employed on long-term time-charter agreements with one of the world’s leading oil and gas companies — PetroChina International.
The group of companies "SCF" — one of the world’s leading shipping companies, specializing in the transportation of petroleum products and liquefied gas. The fleet includes 155 vessels with a total deadweight of 11.8 million tons. The company is registered in St. Petersburg with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid and Singapore.