Maersk Results Presentation Deck slide image

Maersk Results Presentation Deck

Maersk Group - Interim Report 03 2015 NOTE 2 DISCONTINUED OPERATIONS AND ASSETS HELD FOR SALE AMOUNTS IN USD MILLION PROFIT FOR THE PERIOD- DISCONTINUED OPERATIONS Revenue Expenses Gains/losses on sale of assets & businesses **************** Profit before tax, etc. Tax Profit for the period - discontinued operations A.P. Møller-Mærsk A/S' share hereof Earnings earnings per share Diluted earnings per share CASH FLOWS FROM DISCONTINUED OPERATIONS FOR THE PERIOD Cash flow from operating activities Cash flow used for investing activities Cash flow from financing activities Net cash flow from discontinued operations = Contents Notes / Financials 2015 9 months 2014 2,768 2,662 2,775 2,881 25 2,856 2,831 130 129 -94 1,914 689 2,509 Full year 2014 2,768 2,662 2,775 2,881 25 2,856 2,831 130 130 -94 1,914 689 2,509 BALANCE SHEET ITEMS COMPRISE: Non-current assets Current assets ..….…....... Assets held for sale Provisions Other liabilities Liabilities associated with assets held for sale 30 September 31 December 2014 2015 45 5 50 1 7 8 Discontinued operations and assets held for sale during the first nine months 2015 Assets held for sale primarily relate to various minor assets in APM Terminals. 2014 553 25 578 3 22 25 5,283 6 5,289 The shares in Danske Bank were held for sale at the end of 2014 and were divested in March 2015 through an offer to shareholders. Out of the 202,209,171 Danske Bank shares offered, 171,714,796 shares were acquired by A.P. Møller Holding A/S. The offer price which was determined as the volume weighted average price (VWAP) of Danske Bank shares traded on Nasdaq Copenhagen during the five trading days in the period from Friday 20 March 2015 to Thursday 26 March 2015 (both days incl.) amounted to DKK 177.27 per Danske Bank share. Discontinued operations and assets held for sale during the first nine months 2014 Dansk Supermarked Group was classified as discontinued operations and information of discontinued operations above solely relates to Dansk Supermarked Group. After the sale of the majority share in Dansk Supermarked Group, a 19% share was retained by the Group. This investment was classified as available-for-sale (other equity investments) in unallocated activities and measured at fair value. Assets held for sale at 30 September 2014 related primarily to five vessels in the VLCC segment in Maersk Tankers. 35/40 1 11 12
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