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). The overall objective of the risk policy is to safeguard the cash flows required by the Group and to maintain a strong, investment-grade credit rating in line with the Group’s risk appetite. Annual Reports. Commercial margins are forecast to be above those in 2022. OMV Aktiengesellschaft will propose to the Annual General Meeting a dividend of EUR 2. 3,443. OMV AG's market cap is. In 2020, OMV increased its shareholding in Borealis to 75%. 13,608. Get the latest OMVJF: OMV detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. 2020. Financial performance. 25. Notes to the Income Statement 8 – Exploration expenses. 326,989,851. 21,074. An icon of a circle with a diagonal line across. 149. 08. OMVPetrom. OMV Group. OMV regularly analyzes the impact of interest rate changes on interest income and expense from floating rate deposits and borrowings. Consolidated Statement of Comprehensive Income for 2022 Consolidated Statement of Changes in Equity for 2022. 6. reports. Strategy, key figures and highlights. Calculated as the average of the month’s end numbers of employees during the year. Explore the 2021 OMV Annual Report. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 2,818. 1201 N. Organic capital expenditure in 2021 was predominantly related to investments in the European refineries and retail stations. The latest webcast is available here. 2 februarie 2023. Net sales break down by activity as follows: - refining and distribution of hydrocarbons (58. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. In 2021 it included also an acquired contractual position towards Gazprom with regard to the reserves redetermination in amount of EUR 432 mn in. 1,003. The OMV Investor Relations team is always available for stakeholders with information, publications and events. 18 High-Power chargers covered by a. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. Annual Reports. In the last years, a number of acquisitions in Upstream and Downstream have substantially strengthened the portfolio and its profitability. Annual Report view report. In Exploration & Production, OMV explores, develops, and produces oil and gas in its four core regions of Central and Eastern Europe, the Middle East and Africa, the North Sea, and Asia-Pacific and produces gas in a JV in Russia 1. OMV holds a 10% interest in Pearl Petroleum Company Limited (Middle East and Africa region). The consolidated financial statements comprise the financial statements of OMV Aktiengesellschaft and the entities it controls (its subsidiaries) as at December 31, 2022. Jan 12, 2023OMV’s strong financial performance as well as positive contribution from inorganic cash flow from investing activities, such as the Borouge IPO, partial loan. 2019. OMVKY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 6,159. email and financial accounts as a precaution. 7 KB) The information shown above is subject to final confirmation. Higher net expenses for personnel reduction schemes in 2021 were mainly related to restructuring expenses from outsourcing activities in Romania. K. Explore the 2021 OMV Annual Report. Governance. Notes to the Income Statement 8 – Exploration expenses. EG Group Q 2023 Financial Databook. Notes to the Income Statement 11 – Net financial result. 22. 108 alin. Sustainability Reports. On October 31, 2019, OMV Petrom published its Financial Calendar for 2020. 23 May 2023. 6. Explore the 2022 OMV Annual Report. On September 29, 2020, OMV’s Annual General Meeting approved a dividend of EUR 1. The two companies aim. en de. The balance of other finished products is mainly attributable to the finished products of Borealis Group, i. 1. Foreign exchange gains from operating activities were mainly impacted in 2022 and 2021 by USD foreign exchange rate development. 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. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. Notes to the Income Statement 11 – Net financial result. From 2022 onwards OMV Petrom LTIP payment is made in shares only. Report on review of interim condensed consolidated financial information To the Shareholders of OMV Petrom S. Annual Report view report. Auditor’s Report Consolidated Statement of Comprehensive Income for 2022. A total of 20. OMV delivers resilient nine-month results and consistently implements Strategy 2030. The overall objective of the risk policy is to safeguard the cash flows required by the Group and to maintain a strong, investment-grade credit rating in line with the Group’s risk appetite. and. November 13, 2023 at 07:28 am EST. The bill stipulates the reduction in corporate income tax rate from 25% to 24% in 2023 and further to 23% from 2024 onward. 4/bbl). OMV Petrom S. 6,304 Employees. 9% (2020: 20. Johann Pleininger, *1962. Basis of Preparation and Accounting Policies 2 – Accounting policies, judgements and estimates. Published October 27, 2020 Financial Calendar 2021 On October 27, 2020, OMV Petrom published its Financial Calendar for 2021. Changes in consolidated group in 2020 of EUR 887 mn were mainly related to capitalized development costs, patents and licenses due to the acquisition of an additional 39% share in Borealis AG. 161. Net sales break down geographically as follows: - oil refining and distribution (73. 38. 03. Expenses related to all share based payment transactions are summarized in the below table. Annual Report view report. The OMV Group’s reported Operating Result slightly rose to EUR 3,582 mn (2018: EUR 3,524 mn). 2019. 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. With a year-end market capitalization of around EUR 16 bn, OMV is one of Austria’s largest listed industrial companies. OMV Group. Financial performance. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 2 clicks for more privacy: The 1st click establish the connection to Facebook. All before mentioned assumptions for the years after 2025 are based on 2025 real terms. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. Proponent and exception authority. 14. 9/ bbl, a substantial growth of 69%. 3. Meanwhile, OMV shares rose by almost 7. Details of OMV Group’s financial liabilities are shown in Note 24 – Liabilities. Its market share was 7% at year-end. Financial Calendar 2020. 4, 5. Cash and cash equivalents presented in the consolidated statement of financial position. 24/2017") and Regulation of the Financial Supervision Authority no. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. OMV Petrom SA company earnings calendar and analyst expectations - Upcoming and past events | Bucharest Stock Exchange: ROSNP | Bucharest Stock ExchangeExplore the 2022 OMV Annual Report. Financial events 2023. On June 3, 2022, OMV’s Annual General Meeting approved a regular dividend of EUR 2. 2015, 2014, 2013 Combined financial statements of the Uniper Group for fiscal years 2015, 2014 and 2013 (IFRS) 2015 Annual financial statements Uniper AG 2015 (HGB) 2014 Annual report E. A. The stake in the Wisting oil field was sold to Lundin Energy AB on December 17, 2021. en de. 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. 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. Property, plant and equipment. On March 8, 2023: Wien Energie and OMV join forces to develop deep geothermal energy in the Vienna region. Annual Report 2023. September 27, 2023 - Capital Markets Day at 11:00 a. March. Strategy, key figures and highlights. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. For your recommendation a second click is. ) Limited resulting from a delay of expected date of final investment decision. 02. 1 day ago · OMV Petrom is considering expanding its production capacity to produce sustainable fuels from a wide range of residual feedstocks, such as used cooking oil. 1,529. Reversal of temporary differences, including additions to and use of loss carryforwards. 2022. S. The financial statements of all consolidated companies are prepared in accordance with uniform group-wide accounting. 6 Earnings 1 Stock Splits 8 Economic Events. This included 421,342 (2020: 159,581) contingently issuable bonus shares related to Long Term Incentive Plans and the Equity Deferral. Add to calendar Google Yahoo! iCal Outlook. Notes to the Statement of Financial Position 22 – Non-controlling interests. 7 MB) 1 Figures reflect the Q1/22 period; all comparisons described relate to the same quarter in the previous year. Total dividend of EUR 5. Contact. The timene for the 2023 reporting period for private markets is as follows: The Online Reporting System (ORS) will OPEN: 16 October 2023. 6. Christopher Uhl, OMV Pastor Email Fr. 2021. Financial assets at amortized cost. The shareholding requirement is defined as a percentage of the annual gross base salary, for the Executive Board, and as a percentage of the respective Target Long Term Incentive for the senior managers. Sustainability Reports. Johann Pleininger, *1962. Notes to the Income Statement 8 – Exploration expenses. 2021. 2022. 13 Jul 2023. Notes to the Statement of Financial Position 21 – Equity of stockholders of the parent. Cash and cash equivalents presented in the consolidated statement of financial position. Organic capital expenditure in 2021 was predominantly related to investments in the European refineries and retail stations. Upcoming events on OMV AG. Toate Știrile. Strategy, key figures and highlights. Notes to the Income Statement 8 – Exploration expenses. Nov 29, 23 BoA European Materials Conference, London. 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 Downstream Oil clean CCS Operating Result increased in 2019 by EUR 56 mn to EUR 1,495 mn. 2023-09-10. 7 – Depreciation, amortization, impairments and write-ups 9 – Other operating expenses. OMV is a financing partner of the Nord Stream 2 project. ensures the functionality, operation and login to internal tools such as CMS, internal gateways and. The Group has adopted the following amendments to standards from January 1, 2021: Amendment to IFRS 16 Leases: Covid-19-Related Rent Concessions. Contact +49 (0) 621-3802-0. 2021. Strategy, key figures and highlights. 1,953. The consolidated financial statements comprise the financial statements of OMV Aktiengesellschaft and the entities it controls (its subsidiaries) as at December 31, 2020. Introduction We have reviewed the interim condensed consolidated financial statements of OMV Petrom S. 491. On October 31, 2016 OMV Petrom published the Financial Calendar for 2017. 2019. Key figuresNovember 8, 2023. 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. In 2022, Group sales amounted to EUR 62 bn. Explore the 2021 OMV Annual Report. Businesses around the world have reacted and pledged to achieve net-zero by 2050. 23,544. Disbursement is made in cash or in shares. Internal reporting and the relevant information provided to the chief operating decision-maker in order to. Executive Board members and senior managers as active participants of the plans are required to build up an appropriate volume of shares and to hold those shares until retirement or departure from the company. OMV Global. OMV and Mubadala Investment Company, have today completed the transaction for OMV to acquire an additional 39% stake in Borealis. OMV Petrom S. Annual Report view report. 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. PERaP5eV5k8FvdExxI_dRtvLnOK3-btCzuteDqh8zkApI2NJ9ZH-WgCAqgTransitional LTIP allowances for 2021 and 2022 are measuring similar KPI ’s as the three year plan for that specific year only and are settled in cash. ) Limited. ) Limited, which are dependent on the date when the Rosebank project coventurers will approve the final investment decision. 2019. OMV Petrom. OMV Petrom S. 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. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. The carrying amount of financial assets at fair value through profit or loss as at December 31, 2020 was EUR 3,353 mn (2019: EUR 3,243 mn ). Strategy, key figures and highlights. Notes to the Income Statement 11 – Net financial result. OMV Group OMV Romania Petrom Romania Petrom Moldova Close. As of December 31, 2021, OMV recognized tax losses carryforward of EUR 5,886 mn before allowances (2020: EUR 6,302 mn), thereof EUR 3,202 mn (2020: EUR 3,331. OMV Petrom te încurajează să crezi în viitorul tău. The clean Operating Result declined in 2022 by 34% to EUR 1,457 mn (2021: EUR 2,224 mn). 21,074. Publication: 8:30 (local time) January 12, 2023. The clean Operating Result declined in 2022 by 34% to EUR 1,457 mn (2021: EUR 2,224 mn). This special dividend will. 868. 21,996. OMV exercises joint control over Abu Dhabi Petroleum Investments LLC (ADPINV, OMV’s interest 25%, 2021: 25%), registered in Abu Dhabi, and Pak-Arab Refinery Limited (PARCO; indirect interest of OMV amounts to 10%, 2021: 10%), registered in Karachi, and accounts both investments at-equity. 2022. 2019. Excluding Avanti GmbH, Borealis Group, DUNATÀR Köolajtermék Tároló és Kereskedelmi Kft. Dashboard. 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. Directors' Report on OMV Petrom S. Gains on the disposal of businesses, subsidiaries, tangible and intangible assets. 7000 800. 24% in Block. 2019. Financial performance. Notes to Statement of Financial. Strategy, key figures and highlights. 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. Annual Report view report. OMV, as a publicly listed company with its headquarters in Austria, is dedicated to the principles of sound corporate governance and has always sought to comply with best practice in corporate governance to ensure responsible management and control of the OMV. 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. 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 saleWe would like to show you a description here but the site won’t allow us. Organic CAPEX for Exploration & Production is anticipated to come in at around EUR 1. Strategy, key figures and highlights. 2019 included the acquisition of SapuraOMV in amount of EUR 336 mn. Notes to the Statement of Financial Position 14 – Intangible assets. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. 2021. These include leading oil and gas, and chemical companies. EVENTS. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. The stake in the Wisting oil field was sold to Lundin Energy AB on December 17, 2021. 13,739. OMV AG (OMV) financials statements overview reports - OMV AG's market cap is currently ―. Exploration & Production. See Note 3 – Changes in group structure – for more details. Download OMV Petrom Financial Calendar 2022 (PDF, 143,9 KB) Share on. As of December 31, 2022, OMV recognized tax losses carryforward of EUR 6,758 mn before allowances (2021: EUR 5,839 mn), thereof EUR 3,460 mn (2021:. Changes in consolidated Group – Downstream. On October 27, 2021, OMV Petrom published its Financial Calendar for 2022. CET - Pavillon Gabriel - 75008 Paris. 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. 14. Financial Calendar. 19 Nov Sun. 3,549. See Note 21 – OMV equity of the parent. Calendar. 30 per share for 2021, as well as all other agenda items, including the new Remuneration Policy for the Executive Board and Supervisory Board, the Long-Term Incentive Plan 2022, and the Equity Deferral. 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. 2022. End of the current period of tenure: August 31, 2024. 2021. FINANCIAL CALENDAR April 12, 2023 Trading Update Q1 2023 April 28, 2023 Results January–March 2023 July 10, 2023 Trading Update Q2 2023 July 28, 2023 Results January–June and Q2 2023 October 9, 2023 Trading Update Q3 2023 October 31, 2023 Results January–September and Q3 2023 This financial calendar represents only A 0. Q4 2023 Earnings Release. The proportion of ownership corresponds to the proportion of voting rights of the non-controlling interests in all cases. A 0. Annual Report view report. As per May 14, 2021, OMV Petrom finalized the sale of its 100% share in Kom-Munai LLP and Tasbulat Oil Corporation LLP (both based in Aktau, Kazakhstan). 2020. Supervisory Board elections were also held. 6 bn compared to EUR 1. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. OMV will also explore opportunities in energy storage solutions, e. Notes to the Income Statement 12 – Taxes on income and profit. Download OMV Petrom Financial Calendar. 2019. Diluted Earnings Per Share in EUR. Explore the 2022 OMV Annual Report. Group Clean CCS Operating Result came in at EUR 524 mnAt the end of 2020, OMV employed 25,291 persons (including Borealis). 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. 3 bn in 2022 (2021: EUR 1. OMV AG company earnings calendar and analyst expectations - Upcoming and past events | Deutsche Boerse AG: OMV | Deutsche Boerse AG. Financial Calendar; Glossary. Vaccine formulations containing those OMV are capable of inducing a mixed Th1/Th2/Th17 profile, but even. OMV Aktiengesellschaft forms a tax group in accordance with section 9 of the Austrian Corporate Income Tax Act 1988 (), which aggregates the taxable profits and losses of all the Group’s main subsidiaries in Austria and possibly arising losses of one foreign subsidiary (OMV AUSTRALIA PTY LTD). com. 80 and special dividend of EUR 2. The purchase price of the transaction. 1. Financial Calendar 2024 (PDF, 142. 18 – Financial assets. OMV’s financial stake in the block is 57. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Includes regular and special dividend. About Us; Staff Directory; Careers in OTS; Services We Provide; Policies and Forms;. Executive Board's proposal for distribution of dividends for the financial year 2022, the same as the one announced on February 2, 2023, namely a gross dividend of RON 0. With a year-end market capitalization of around EUR 16 bn, OMV is one of Austria’s largest listed industrial companies. On October 30, 2013 Petrom published the Financial Calendar for 2014. With a year-end market capitalization of around EUR 16 bn, OMV is one of Austria’s largest listed industrial companies. Financial Calendar 2014. OMV’s financing strategy focuses on cash flow and financial stability. The cash out for the transaction amounted to EUR 3. Digitalization Business Overview. Changes in segment reporting. Annual Report view report. Chris Uhl, OMV was born in Cleveland, OH and comes from a family of eight. Shareholder Information. Interest income from loans included EUR 84 mn (2019: EUR 70 mn). 2022. 3. 1. In 2020 this position included also financial assets amounting to EUR 57 mn related to the contingent considerations from the divestment of the 30% stake in Rosebank and from the divestment of OMV (U. Purchases (net of inventory variation) In EUR mn. Financial Review of the Year; Capital Expenditure (CAPEX) Notes to the Cash Flow Statement;OMV Petrom S. 2020. As of January 1, 2023 the Group introduced a new corporate structure, designed to fully enable the delivery of Strategy 2030. The following tables provide a reconciliation to the amounts reported in the income statement. 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. Explore the 2021 OMV Annual Report. Dec 05, 23 Berenberg Pennyhill Conference, London. Notes to the Statement of Financial Position 21 – Equity of stockholders of the parent. Annual Report view report. 5 bn. 8 mn t). 2023-09-12. A. 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. 5 percentage points fall in the interest rate as of December 31, 2021 would have led to an increase in market value of EUR 4 mn (2020: EUR 9 mn). November 13, 2023 at. Spin-off and transfer agreement of E. OMV covers its financing needs. OMV Aktiengesellschaft (OTCMKTS:OMVKY) pays an annual dividend of $0. 10:48:08 2023-11-01 am EDT 5-day change 1st Jan Change 41. 2020. 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. The OMV Investor Relations team is always available for stakeholders with information, publications and events. 2022. Strategy, key figures and highlights. Notes to the Income Statement 5 – Sales revenues. The complete financial calendar and confirmation of the dates can be found at: Fields of Activity Glossary. Annual Report current report. 2022. September 5, 2023. Intangible assets and property, plant and equipment were mainly impacted by the acquisition of a 50% stake of the issued share capital in SapuraOMV Upstream Sdn. 2023-09-17. In Romania, OMV Petrom’s gas and power activities delivered a record Operating Result, reflecting strong power business performance and the optimization of both product and customer portfolios. OMV recognizes provisions for litigations if these are more likely than not to result in obligations. The main activities of the OMV Petrom Group are exploration and production of hydrocarbons (in Romania), refining of crudes (in Romania), marketing of petroleum products (in Romania, Bulgaria, Serbia and Moldova) and of. Notes to the Income Statement 11 – Net financial result. The accounting policies adopted are consistent with those of the previous financial year, except for the changes as described below. REPORT FRAUD, WASTEThe present value of the provision as at December 31, 2022, was EUR 32 mn (2021: EUR 390 mn). The processing capacity of its refineries amounts to more than 500 kbbl/d. July. Investors. 8 TWh in 2020. Auditor’s Report Consolidated Statement of Comprehensive Income for 2021. 2020. b. 6%) of Erdöl-Lagergesellschaft m. Notes to the Consolidated Financial Statements Notes to the Statement of Financial Position. 2022. OMV holds 55. Dkb3ApUd7CW7afO_5ZyJi6BsvShcBL0dz-aOnCXqiVklNugwvkf_JZJ98wStrategy, key figures and highlights. 3 Mt of oil products sold in 2021. Moreover, it included an acquired contractual position towards Gazprom with regard to the reserves redetermination in amount of EUR 432 mn (2020:. With this new strategy, OMV will accelerate attainment of its goal of lowering GHG emissions by reducing fossil fuels, stepping up the production and marketing of renewable fuels and sustainable chemical feedstocks, as well as implementing energy efficiency measures. “First consolidation” refers to newly formed or existing subsidiaries, while “First consolidation (A)” indicates the acquisition of a company. omv.