Inspiring Tomorrow - Corporate Presentation
بروج
דיי
BRIDGING 2021 STANDALONE TO PRO-FORMA FINANCIALS
2021A to 2021PF Bridges
Revenues
(in $m)
Basis for calculation of Average
Sales Price and hence implied
premia over benchmark prices
As Reported
405
102
(247)
247
(14)
5,723
5,477
6,216
ADP Gross
Revenues
PTE Commission
on ADP Volumes
ADP Net
Revenues
PTE Commission
on ADP Volumes
PTE CMP
Revenues
Other (1)
PTE Third Party PF Combined
Revenues
Revenues
Commentary
Revenue Bridge
Borouge
■ PTE charges commission on ADP
sales volumes and third-party sales
on behalf of Borealis
Further, PTE consolidates the
revenues of the compounding plant
in China
EBITDA Bridge
■ Additional costs at PTE mainly
include general & administrative
and sales & distribution costs
Adjusted EBITDA (5)
(in $m) As Reported
(2,731)
5,477
(112)
247
44
(40)
(126)
(35)
2,633
2,723
ADP Net
Revenues
ADP
Operating
Costs
ADP Other
Items(2)
(5)
ADP
PTE
Standalone Commission
Adj. EBITDA
on ADP
Volumes
PTE
Commission
PTE G&A
PTE S&D
Other PTE
Cost Items(4)
PF Adj.
EBITDA (5)
on Third Party
Volumes(3)
Sources: Company Information
1)
2)
3)
76
CMP raw material
Includes Pension Recharge, Other Income and Impairment Loss on PP&E
Also includes gross profit on compounding volumes
Corporate Presentation | April 2022
4
5)
Net effect of Pension Cost Recharge, Other Income and Asset Impairment
Depreciation includes depreciation on property, plant & equipment and amortization of intangible assets and right
of use assets.
INSPIRING TOMORROWView entire presentation