Investor Presentaiton
CAPEX and Cash Flows (2021 - 2025)
。 CAPEX/PUD spend of QR 5.2 billion across
all segments doe 2021-2025 ▪ No capacity
☐
related CAPEX and mostly related to reliability Catalysts
and HSE
PUD/Investments QR 2.0 billion; Turnaround Capex
QR 1.5 billion;
IT/Technical Road Map QR 0.7 billion; Other Capex QR 1.2
billion.
Qapco (Capex of QR 1.2 billion)
■ QR 0.5 billion of routine CAPEX primarily related to HSE;
■ Turnaround/reliability related CAPEX of QR 0.7 billion;
■ No CAPEX related to PUD / Investments
。 Qafac (Capex of QR 0.5 billion)
38
■ Turnaround & annual maintenance (2023) QR 0.1 billion, other
routine CAPEX of QR 0.4 billion ▪ no capacity related CAPEX;
"
Qafco (Capex of QR 3.2 billion)
■
Projects include (investment projects QR 1.6 billion, capital
spares QR 0.2 billion, catalysts QR 0.1 billion, shutdown QR 1.1
billion, and others QR 0.2 billion)
Qatar Steel (Capex of QR 0.3 billion)
■ CAPEX mainly related to maintenance replacement, HSE, and
other minor projects;
Additional borrowing of only QR 0.1 billion to
finance operations of QAFAC
CAPITAL EXPENDITURE (in QR Billion)
2020
2021
2022
2023 2024 2025
Capital Spares
0.0
0.1
0.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Turnaround CAPEX
0.1
0.3
0.5
0.3
0.2
0.3
Investments / PUD
0.4
0.5
0.9
0.4
0.1
0.1
IT/Technical
0.1
0.3
0.1
0.1
0.1
0.1
Other Routine
0.2
0.2
0.1
0.1
0.0
0.0
CAPEX
Total CAPEX
0.7
1.5
1.8
0.9
0.5
0.5
CASH FLOWS (in QR Billion)
2020
2021
2022
2023
2024 2025
Cash Flows:
- Operating
+4.2
+2.8
+3.5
+4.1 +4.6 +4.8
- Investing
-3.3
-1.4
-1.6
-0.6
-0.2
-0.2
- Financing
-2.9
-0.0
-0.1
-0.1
-0.1
-0.1
FCFF
+3.6
+1.3
+1.7
+3.2 +4.1 +4.3
FCFE
+3.6
+1.4
+1.7
+3.2 +4.1 +4.3
FCFE = FCFF +/- Net Debt - Finance Charges
Note: The cash flow & CAPEX figures for the years 2021-25 are based on
the 2021 approved budget and business plan, based on the expectations of
the market conditions and commodity prices forecasted at the time of
finalizing the 2021 budget & business plan.
With current market conditions and commodity price trends, the forecasts as
disclosed in the above table cannot be relied on with absolute certainty,
where, the actual realization of these figures might significantly differ as
compared to these projections, subject to the macroeconomic conditions,
including, among other factors, business environment, market dynamics,
product prices etc. prevailing in that specific year. The Board may defer,
delay or cancel projects based on market outlook and economics.
Industries Qatar, IR Presentation, YE 2020View entire presentation