The net financial result improved to EUR (129) mn (2018: EUR (226) mn). 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. 302. ("the Company") and its subsidiaries (together referred to as "the Group") with official head office in 22 Coralilor. Basis of Preparation and Accounting Policies 1 – Basis of preparation. Morgan Stanley European Utilities and Energy Summit. 50% of the cash payments due in 2020 under the LTIP 2017 for the active Executive Board members (for the cash portion, if applicable) have been postponed to January 2021. Natural gas sales volumes to third parties reached 38. 2. Notes to the Statement of Financial Position 22 – Non-controlling interests. en de. Chemicals & Materials. Calculated as the average of the month’s end numbers of employees during the year. Annual Report view report. An icon of a circle with a diagonal line across. 354. 2019. For the period 2020 to 2025, OMV plans to make annual investments averaging EUR 2. Download OMV Petrom Financial Calendar 2022 (PDF, 143,9 KB) Share on. The complete financial calendar and confirmation of the dates can be found at: Strategy, key figures and highlights. 30%. OMV AG Financial Overview. OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 43 million boe in. As of December 31, 2021, one other proceeding was pending against OMV related to local service contractors in one of the subsidiaries. Annual Report view report. 2019. 02. 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. Earnings Calendar Dividend Calendar Economic Calendar IPO Calendar Market Holidays. 2021. 5 bn. Significant non-cash items. The calculation of diluted Earnings per Share took into account the weighted average number of shares in issue following the conversion of all potentially diluting ordinary shares. On January 12, 2023: Borealis acquires a majority stake in Renasci signalling on-going commitment to leading. 903. 1,953. 6% (2019: 55. OMV is selling trade receivables in a securitization program to Carnuntum DAC, based in Dublin, Ireland. Equity-accounted investments decreased by EUR 1,434 mn to EUR 6,887 mn driven by EUR 1,876 mn dividend distributions from Abu Dhabi. OMV Petrom S. The consolidated financial statements for 2020 have been prepared in million EUR (EUR mn, EUR 1,000,000 ). Key Figures Comparison; Downloads. Sustainability Reports. To the extent that information refers to financial. Organic capital expenditure in 2021 was predominantly related to investments in the European refineries and retail stations. 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. November 14-15, 2023 - Morgan Stanley Global Chemicals Conference - Boston Marie-José Donsion - CFO. As of December 31, 2022, OMV held seller participation notes amounting to EUR 168 mn (2021: EUR 95 mn) and complementary notes amounting to EUR 105 mn (2021: EUR 89 mn) in Carnuntum DAC shown in other financial assets. OMV’s Annual General Meeting on May 14, 2019, elected a total of five new members – based on the proposal of ÖBAG – to the Supervisory Board: Thomas Schmid, Stefan Doboczky, Elisabeth Stadler, Christoph Swarovski, and Cathrine Trattner. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. Bhd. 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. com. 149. 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 in 2020. OMV Petrom te încurajează să crezi în viitorul tău. 65. 11. Commercial margins are forecast to be above those in 2022. OMV Annual Report 2020. Borealis bond 18-25. Published April 29, 2022 OMV Group Report January – March 2022 including condensed consolidated interim financial statements as of March 31, 2022 Key Performance Indicators 1 Group Clean CCS Operating. Dec 05, 23 Berenberg Pennyhill Conference, London. OMV Group. The clean Operating Result rose sharply from EUR 2,892 mn to EUR 7,396 mn in 2022. Jefferies 2023 Industrials Conference, New York. Impairment losses are part of the income statement line “Depreciation, amortization, impairments and write-ups”, except for impairment losses related to exploration and appraisal assets which are shown in “Exploration expenses”. Financial events 2023. OMV Annual Report 2020. Commerzbank and ODDO BHF Corporate Conference, Frankfurt. 2 clicks for more privacy: The 1st click establish the connection to Facebook. 23,544. 29 – Fair value hierarchy. Strategy, key figures and highlights. Other financial liabilities. OMV Annual Report 2020. Published October 27, 2021 Financial Calendar 2022 On October 27, 2021, OMV Petrom published its Financial Calendar for 2022. OMV regularly analyzes the impact of interest rate changes on interest income and expense from floating rate deposits and borrowings. Explore the 2021 OMV Annual Report. 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. The financial year corresponds to the calendar year. Other financial and non-financial assets mainly included late payment interest income in relation to successful arbitration in Romania in 2020, while 2019 primarily contained late payment interest income in relation to clarification of a tax related topic in Romania. Outer membrane vesicles (OMV) derived from Bordetella pertussis—the etiologic agent of the resurgent disease called pertussis—are safe and effective in preventing bacterial colonization in the lungs of immunized mice. portal. Strategy, key figures and highlights. Notes to the Income Statement 5 – Sales revenues. 26 – Statement of cash flows; 27 – Contingent liabilities; 28 – Risk management; 29 – Fair value hierarchy;. OMV participates in several supplier finance programs under which its suppliers may elect to receive early. 2021. Key Figures Comparison; Compare to last year. Johann Pleininger started his professional career at OMV in 1977 and later studied mechanical and. 1 – Basis of preparationAt 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. We are auditors without cease since 2011. As of December 31, 2022, assets held for sale and liabilities associated with assets held for sale in Chemicals & Materials were related mostly to the nitrogen business unit of Borealis Group. Meanwhile, OMV shares rose by almost 7. 30 per share for the financial year 2021. Higher net expenses for personnel reduction schemes in 2021 were mainly related to restructuring expenses from outsourcing activities in Romania. ensures the functionality, operation and login to internal tools such as CMS, internal gateways and. Other stock markets. Annual Reports. 2020. 18 High-Power chargers covered by a. Financial Calendar; Glossary. OMV Petrom S. Annual Report 2023. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. On April 19, 2022, Bayport Polymers LLC, which is accounted for using the equity method, partially repaid the loan towards the Group in the. OMV Aktiengesellschaft (WBAG:OMV) are exploring a combination of Borouge plc (ADX:BOROUGE) and Borealis AG to create a chemicals and plastics company worth more than $30 billion, people familiar with the matter said. 0 to 2. 2021. m. Explore the 2022 OMV Annual Report. Calendar OMV AG OTC Markets Equities OMVJF AT0000743059 Delayed OTC Markets. Financial Calendar ; Financial Calendar . 3 Mt of oil products sold in 2021. noiembrie 17, 2023. Perioada de tacere ("Quiet period") (1) 19 ianuarie – 1 februarie 2023. Financial calendar 2017, (PDF, 89,2 KB)11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. Add to calendar Google Yahoo! iCal Outlook. Explore the 2021 OMV Annual Report. The OMV Annual Report 2019 – 20,000 reasons why we’re excited about tomorrow. The composition of the Supervisory Board was also comprehensively renewed. 2021. 491. The dividend payout ratio is 52. Notes to the Statement of Financial Position 23 – Provisions. Notes to the Income Statement 12 – Taxes on income and profit. 2022. July. Sustainability is an integral part of OMV’s corporate strategy. All shares are entitled to dividends for the financial year 2022, with the exception of treasury shares held by OMV Aktiengesellschaft. Annual Report current report. Notes to the Income Statement 12 – Taxes on income and profit. October 29, 2020. We would like to show you a description here but the site won’t allow us. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. 9 bn in 2020, mainly due to the full consolidation of Borealis. 392. Purchases (net of inventory variation) In EUR mn. K. OMV AG's market cap is. A gas project in the Black Sea is caught up in a diplomatic spat over Austria’s opposition to allowing Romania into Europe’s border-free Schengen area. 2019. Hence, OMV’s mid term plan (MTP) assumptions, which are used for estimates in different areas of the group financial statements, including impairment of assets, useful lives and decommissioning provisions, are based on a scenario which is based on the IEA Stated Policies Scenario (STEPS) taken from the World Economic Outlook and adjusted. Financial performance. Notes to the Income Statement 10 – Personnel expenses. Annual Report view report. 2,818. The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal. 2024-01-10. Total assets increased by EUR 3,414 mn to EUR 40,375 mn. Notes to the Income Statement 8 – Exploration expenses. 225. Other stock markets. The state owned Libyan national oil corporation is entitled to 88–90% of the production (“primary split”). About OMV. Jefferson Parish 'Global' hack exposed 6 million Louisiana driver's license and other OMV records, state says. 6, and it has a dividend yield of 6. 24/2017 Adhoc report in compliance with Law no. About Us; Staff Directory; Careers in OTS; Services We Provide; Policies and Forms;. OMV Group Websites. 326,989,851. The bill stipulates the reduction in corporate income tax rate from 25% to 24% in 2023 and further to 23% from 2024 onward. Financial Review of the Year; Capital Expenditure (CAPEX) Notes to the Cash Flow Statement;OMV Petrom S. OMV produces and markets oil and gas, as well as chemical solutions in a responsible way. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity and introducing new energy and. More about "Investor Relations" About our stock. CDP request for cities, states and regions. 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). 000 economic indicators, actual values, consensus figures and proprietary forecasts. Negative effects of COVID-19 on demand as well as on refining margins could not be fully offset by a strong natural gas and retail business and a significant. Annual Report view report. ADPINV is a holding company for its 40% interest in PARCO. Annual Report view report. The new IONITY station is located right off the A22/E45 motorway exit “Lago di Garda Sud” and hence at a strategic crossroads between continental Europe, the lakes of Northern Italy and the South of Italy. 50. 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. State Holiday Calendar. 53,798. Notes to the Income Statement 8 – Exploration expenses. 26. 74; its P/E ratio is 8. Notes to the Income Statement 5 – Sales revenues. OMV recognizes provisions for litigations if these are more likely than not to result in obligations. Explore the 2022 OMV Annual Report. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. Reversal of temporary differences, including additions to and use of loss carryforwards. 2008 Production of 100 mn tons of OMV oil in Austria. EUR 1. 88%). The purchase price of the transaction. Financial performance. 1. 20. During 2021 OMV decided to sell the nitrogen business unit in Borealis Group (75% held by OMV) including fertilizer, technical. If you have any questions regarding Eurogrid's business or financials do not hesitate to contact us . The transfers were mainly referring to the shift of the intangible assets related to Maui in New Zealand to tangible assets as the status of proved reserves was achieved. OMV Group’s operational liquidity management is mainly handled via cash pooling systems, which enable optimum use of existing cash and liquidity reserves to the benefit of every individual member of cash pooling system and the Group as a whole. 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 Group. 5/2018 regarding issuers of financial. Explore the 2022 OMV Annual Report. EG Group Q2 2023 Quarterly Financial Report. Date of initial appointment: April 1, 2021. Note. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. The OMV Investor Relations team is always available for stakeholders with information, publications and events. While natural gas accounted for 59% of total. Notes to the Income Statement 8 – Exploration expenses. Principal targets are a positive free cash flow after dividends and a strong investment-grade credit rating on the basis of a healthy balance sheet and a mid/long-term leverage ratio of below 30%. 2021. 2024-01. Organic CAPEX for Exploration & Production is anticipated to come in at around EUR 1. Basis of Preparation and Accounting Policies 3 – Changes in group structure. In the Middle East, it owns 15% of ADNOC Refining and ADNOC Global Trading. Dashboard. Excluding Avanti GmbH, Borealis Group, DUNATÀR Köolajtermék Tároló és Kereskedelmi Kft. Exceptionally strong market effects of EUR 5,280 mn as a consequence of substantially higher oil and gas prices were partially offset by negative operational effects of EUR (679) mn due to the missing contribution of Russia following the change in the consolidation method, and a. 2010 Highest production level for OMV Austria since 1980. 04. Download OMV Petrom Financial Calendar 2022 (PDF, 143,9 KB) Includes regular and special dividend. Cash and cash equivalents presented in the consolidated statement of financial position. Auditor’s Report Consolidated Statement of Comprehensive Income for 2021. 10. The classification depends both on the Group’s business model for managing the financial assets as well as the contractual cash flow characteristics of the. Property, plant and equipment with a total carrying amount of EUR 34 mn (2021: EUR 745 mn) were transferred to assets held for sale, mainly related to OMV’s relevant operating entities in Yemen, the Avanti retail business in Germany and the planned sale of Borealis’ share of Rosier fertilizer business. On October 31, 2019, OMV Petrom published its Financial Calendar for 2020. com. Explore the 2022 OMV Annual Report. In 2021 the intangible assets transferred to assets held for sale amounted to EUR 74 mn, mainly related to OMV’s 25% stake in the Norwegian oil field Wisting, which was sold in Q4/21. 9548. Notes to the Income Statement 5 – Sales revenues. Jump to content [AK + s] Jump to navigation [AK + 3] Annual Report 2019. Annual Report current report. 2022. The current proposal envisions OMV injecting about €1. Sustainability Reports. Explore the 2022 OMV Annual Report. Search. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. Since October 29, 2020 Borealis Group is fully-consolidated, following the increase of the stake from 36% to 75%. Financial Calendar; Glossary. OMV enters in the normal course of business into various master. 2019. Most liabilities remain within trade payables and other financial liabilities until payment. Supplementary Information on the Financial Position. OMV Petrom S. 2022. 03. Chemicals & Materials. Notes to the Income Statement 8 – Exploration expenses. 21,074. OMVPetrom. 2020. Strategy, key figures and highlights. 20,127. Strategy, key figures and highlights. 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. E-Mail Contact . June 29, 2023. 08. Notes to the Income Statement 11 – Net financial result. 3,095. Contact . OMV produces and markets oil and gas as well as chemical products and solutions in a responsible way and develops innovative solutions for a circular economy. OMV holds 55. Management is of the opinion that litigations, to the extent not covered by provisions or insurance, there is either no present obligation and/or the outflow is remote and/or they will not materially affect the Group’s financial position. This included 421,342 (2020: 159,581) contingently issuable bonus shares related to Long Term Incentive Plans and the Equity Deferral. Quiet period (1) January 19 - February 1, 2023. Fair value. dashboard; Key Figures Comparison. Directors' Report on OMV Petrom S. 16 May 2023. Skip Navigation. The consolidated financial statements comprise the financial statements of OMV Aktiengesellschaft and the entities it controls (its subsidiaries) as at December 31, 2022. 5,050. ) Limited resulting from a delay of expected date of final investment decision. Notes to the Income Statement 9 – Other operating expenses. Annual Report view report. Upcoming events on OMV Petrom S. 2019. 15. -. 2 clicks for more privacy: The 1st click establish the connection to Facebook. The clean Operating Result declined in 2022 by 34% to EUR 1,457 mn (2021: EUR 2,224 mn). Net cash used in investing activities 1. As of 2021, the Downstream segment was split in Refining & Marketing and Chemicals & Materials. Skip Navigation. 6 – Other operating income and net income from equity-accounted investments. The release says that the "OMV established a dedicated, toll-free call center to answer questions that individuals may have and is offering twelve (12) months of free credit monitoring and. Explore the 2022 OMV Annual Report. 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. Economic Reports & Fed Speakers. Financial Calendar; Glossary. 2024. user_device_id. 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. After the initial price slide of more than eight percent, the shares of the plastics group were last quoted at 47. OMV plans to invest EUR 5 billion by 2030 to lower the CO2 footprint of its. Q4 2023 Earnings Release. Baader Investment Conference. Notes to the Income Statement 10 – Personnel expenses. 30M. Annual Report view report. Annual Reports. 600. en de. 2,009. From 2035 onwards, OMV applied a Brent oil price of USD 60/bbl. The classification depends both on the Group’s business model for managing the financial assets as well as the contractual cash flow characteristics of the. From OMV’s perspective, these arrangements do not significantly extend. OMV Group. 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. reports. 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. September 27, 2023 - Capital Markets Day at 11:00 a. Preliminary financial statements as at December 31, 2022 and resolution on distribution of reserves for and in place of the 2022 dividend (third tranche) Meeting of the Board of Directors and press release on dividend - February 22, 2023. and. For further details refer to Note 2 – Accounting policies, judgements and estimates, section. In 2021, Group sales amounted to EUR 36 bn. Our independence affords us the freedom to pursue the very best life insurance, estate planning, wealth management & pension solutions for our clients. Gains on the disposal of businesses, subsidiaries, tangible and intangible assets. Chris Office Extension: 223 Fr. 1,529. 50% of the cash payments due in 2020 under the Annual Bonus 2019 for the active Executive Board members were postponed to January 2021. Download OMV Petrom Financial Calendar. 05 per share approved, thereof EUR 2. 3. Sustainability Reports. 877. 1. Explore the 2021 OMV Annual Report. Strategy, key figures and highlights. Financial Calendar; Glossary. The reversal of inventories write-downs in 2020 were related to the gas business resulting from increased prices. Publication: 8:30 (local time) January 12, 2023. Impairment losses are part of the income statement line “Depreciation, amortization, impairments and write-ups”, except for impairment losses related to exploration and appraisal assets which are shown in “Exploration expenses”. 2022. At EUR 1,514 mn, the clean CCS Operating Result declined by 10% compared to the same period of the previous year (2019: EUR 1,677 mn). 2024-01-10 - Q4 2023 Sales and Revenue Release. Excluding financial assets that were reclassified to assets held for sale, which are described in Note 20 – Assets and Liabilities held for sale. This financial calendar represents only an extract of the planned dates in 2021. 47,619 2022. Notes to the Income Statement 5 – Sales revenues. 2 februarie 2023. Based on the agreed purchase price of USD 4,68 bn the cash-out for OMV was EUR 3,87 bn considering adjustments (dividends, currency effects, acquired cash position of Borealis). 22,334. 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. dashboard; Key Figures Comparison. Foreign exchange gains from operating activities were mainly impacted in 2022 and 2021 by USD foreign exchange rate development. Following the reorganization and starting from Q1/23, the Group will report on the following business segments: Chemicals & Materials, Fuels & Feedstock (former Refining & Marketing) and Energy. Sustainability Reports. Spin-off and transfer agreement of E. For further information please refer to Note 32 – Share-based payments. 6. 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. OMV News, February 28, 2018 - 16:30 pm (CET) OMV Group. A. 2023-09-12. 24% in Block. We confirm that the audit opinion in the Section “Report on the consolidated financial statements” is consistent with the additional report to the audit committee referred to in article 11 of the EU regulation. 8 mn t). Notes to the Income Statement 10 – Personnel expenses. Toate Știrile. Annual Financial Report; Memoranda; Accounts Receivable; Office of Technology Services. OMV expects total production to be around 470 kboe/d in 2022 (2021: 486 kboe/d). Download OMV Petrom Financial Calendar. Quarterly Report – Q4. 7 mn t in 2022, and a European market. 20 Nov Mon. Disbursement is made in cash or in shares. Notes to the Income Statement 5 – Sales revenues. Proposed regular dividend of EUR 2. Upcoming events on OMV AG. Group Clean CCS Operating Result came in at EUR 524 mnAt the end of 2020, OMV employed 25,291 persons (including Borealis).