OMV AG's market cap is. Quiet period begins on October 16, 2023. 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. The complete financial calendar and confirmation of the dates can be found at: Strategy, key figures and highlights. Other sundry financial assets at fair value include an asset from reserves redetermination rights related to the acquisition of interests in the field Yuzhno Russkoye, 2020 included in addition a. OMV Annual Report 2020. email and financial accounts as a precaution. 23 May 2023. Financial Calendar; Glossary. OMV AG (OMV. 1 – Basis of preparationNotes to the Income Statement 5 – Sales revenues. Interest income from loans included EUR 92 mn (2020: EUR 84 mn) related to the Nord Stream 2. Financial events 2023. On October 27, 2020, OMV Petrom published its Financial Calendar for 2021. The current proposal envisions OMV injecting about €1. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. In this section, we will keep you informed about the latest events on the capital market and current business developments, as well as provide details of our strategy, financial calendar and current events. Financial Calendar; Glossary. 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. Strategy, key figures and highlights. 3 Mt of oil products sold in 2021. Johann Pleininger, *1962. 2024. Additions to intangible assets in 2021 included EUR 33 mn additions for internally generated assets mainly related to capitalized development costs. K. The following tables provide a reconciliation to the amounts reported in the income statement. 2020. Annual Report view report. This financial calendar represents only an extract of the planned dates. In an extremely challenging macroeconomic environment due to the COVID-19 pandemic, OMV managed to successfully access the financial markets and secure funding. 02. Explore the 2022 OMV Annual Report. 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). Notes to the Income Statement 9 – Other operating expenses. Notes to the Income Statement 12 – Taxes on income and profit. Annual Report view report. The clean Operating Result rose sharply from EUR 2,892 mn to EUR 7,396 mn in 2022. October. Total equity and liabilities. A. BofA Securities Materials & Infrastructure Conference 2021 (virtual) Monday, November 29, 2021. 37 – Subsequent events. Key Figures Comparison; Compare to last year. Results January–September and Q3 2021. 108 alin. omv. Annual Report view report. 2021 performance: Organic capital expenditure increased by 41% to EUR 2. 2,093. OMV AG company earnings calendar and analyst expectations - Upcoming and past events | Deutsche Boerse AG: OMVI | Deutsche Boerse AG250. 3. OMVKY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. November 14-15, 2023 - Morgan Stanley Global Chemicals Conference - Boston Marie-José Donsion - CFO. OMV Grup OMV România Petrom Romania Petrom Moldova Închide. Notes to the Income Statement 8 – Exploration expenses. From 2035 onwards, OMV applied a Brent oil price of USD 60/bbl. At year end 2022, proven reserves amounted to 1,037 mn boe. Chris Uhl, OMV was born in Cleveland, OH and comes from a family of eight. 6 bn compared to EUR 1. Event. 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. Other interest-bearing debts predominately referred to bank loans, but also included private placements and other funding instruments. Explore the 2022 OMV Annual Report. 1) Changes in accounting policies. ensures the functionality and usability of the page and is used to track errors. 2,818. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. Explore the 2022 OMV Annual Report. Calendar OMV AG OTC Markets Equities OMVJF AT0000743059 Delayed OTC Markets. 21,996. The net financial result improved to EUR (129) mn (2018: EUR (226) mn). The state owned Libyan national oil corporation is entitled to 88–90% of the production (“primary split”). OMV Petrom S. Morgan Stanley Global Chemicals, Agriculture and Packaging Conference (virtual) Monday, November 08, 2021. Contact +49 (0) 621-3802-0. 96% (2019: 3. 2 clicks for more privacy: The 1st click establish the connection to Facebook. Annual Reports. VIE) : Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock OMV AG | Wiener Boerse: OMV | Wiener Boerse. 157. Changes in consolidated Group – Downstream. For further details on project-related risks and their management, see the OMV EMTN Prospectus dated June 17, 2022. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. There were no major acquisitions during 2021. 1,134. Quarterly Report - Q3 2023. 05 per share approved, thereof EUR 2. OMV Global. Notes to the Income Statement 8 – Exploration expenses. Basis of Preparation and Accounting Policies 3 – Changes in group structure. OMV integrates risks and opportunities related to climate change impacts into the development of the Company’s business strategy and the planning of operational activities. Commercial margins are forecast to be above those in 2022. 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%. Basis of Preparation and Accounting Policies 1 – Basis of preparation. In OMV’s markets, retail margins are forecast to be lower than in 2020 and commercial margins are predicted to be higher than the prior. Financial assets at amortized cost. 85. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. 1201 N. Skip Navigation. At the end of 2021, OMV Group employed 22,434 persons. 000 economic indicators, actual values, consensus figures and proprietary forecasts. Bhd. 103 Consolidated Financial Statement and Notes 225 Further Information Part 2: Annual Report of OMV Aktiengesellschaft – containing: 240 Report of the Supervisory Board 244 Consolidated Corporate Governance Report 263 Directors’ Report 270 Auditor’s Report 275 Financial Statements 279 Notes 308 Abbreviations and DefinitionsOMV Group Report January-June and Q2 2020: July 29, 2020 OMV Ordinary Annual General Meeting: September 29, 2020; The entire OMV financial calendar and additional information can be found at OMV contacts Florian Greger, Vice President and Head of Investor RelationsThe following tables provide supplementary information in respect of the Group’s oil and gas activities. On January 12, 2023: Borealis acquires a majority stake in Renasci signalling on-going commitment to leading. Jump to content [AK + s] Jump to navigation [AK + 3] Annual Report 2019. About Us; Staff Directory; Careers in OTS; Services We Provide; Policies and Forms;. Q3 2023 Sales and Revenue Release - Trading Update. OMV is closely monitoring the development of the consequences of the COVID-19 pandemic and regularly evaluating the impact on the Group’s cash flow and. The clean Operating Result decreased from EUR 2,027 mn to EUR 1,951 mn in 2019. 30 per share for the financial year 2021. Notes to the Income Statement 6 – Other operating income and net income from equity-accounted investments. 9%): 4. 2022. Annual Reports. 5 percentage points fall in the interest rate as of December 31, 2020 would have led to an increase in market value of EUR 9 mn (2019: EUR 12 mn). In 2021, the average Brent price reached USD 70. On October 31, 2019, OMV Petrom published its Financial Calendar for 2020. Annual Report view report. 2022. 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. Final Results for the year to 31 March 2023. Reversal of inventories write-downs. A. 24/2017 on issuers of financial instruments and market operations, as republished ("Law no. Notes to the Income Statement 8 – Exploration expenses. Consolidated Statement of Financial Position as of December 31, 2021 Consolidated Statement of Cash Flows for 2021. Proposed regular dividend of EUR 2. 14. Back to Investor News. Meanwhile, OMV shares rose by almost 7. Annual Reports. Financial Calendar. 1 bn). Compared with 2020, the number of employees decreased by 11. Other financial liabilities. As the authorized capital granted by the Annual General Meeting on May 14, 2014 expired on May 14, 2019, the Annual General Meeting decided upon a new authorized capital on September 29, 2020. Perioada de tacere ("Quiet period") (1) 19 ianuarie – 1 februarie 2023. Explore the 2021 OMV Annual Report. 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. Explore the 2021 OMV Annual Report. 24% in Block. 56,429. Date of initial appointment: April 1, 2021. The dates of the events are available in the annual financial calendar. . Quarterly Report – Q4. ssm_ (ID) Cloudflare. Quiet period (1) January 19 - February 1, 2023. ) Limited. We are auditors without cease since 2011. 2021. 88%). 20 Nov Mon. Financial Calendar ; Financial Calendar . In order to sustain the above-mentioned production levels, ramp up the low-carbon business, and deliver strong cash generation, OMV Energy anticipates a total annual average CAPEX in 2022. 2 clicks for more privacy: The 1st click establish the connection to Facebook. 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 Annual Report 202012 ianuarie 2023. Calculated as the average of the month’s end numbers of employees during the year. Notes to the Income Statement 8 – Exploration expenses. Q4 2023 Sales and Revenue Release - Trading Update. OMV Yemen also has a 34% stake in Block 3 and 19. Explore the 2022 OMV Annual Report. 25. The clean Operating Result declined in 2022 by 34% to EUR 1,457 mn (2021: EUR 2,224 mn). 2024. 3,095. OMV Petrom S. For further details on lease contracts please refer to Note 15 –. The median forecasts in this calendar come from surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal. Financial performance. A. 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. 3. Cash and cash equivalents presented in the consolidated statement of financial position. Sustainability Reports. com. Borealis Group Close. 06:00:00 2023-10-25 pm EDT 5-day change. sfdc-stream. 11. Consolidated Income Statement; In EUR mn . Logout. 1,343. 2019. Financial Calendar; Glossary. Strategy, key figures and highlights. A total of 136 countries representing more than 77% of global carbon emissions and 80% of GDP have made some form of net-zero commitment as of November 2021. Basis of Preparation and Accounting Policies 3 – Changes in group structure. reports. Net sales break down by activity as follows: - refining and distribution of hydrocarbons (58. In the absence of detailed disclosure rules in this area under IFRS, the Group has elected to voluntarily disclose the data that would have been required under the ASC 932 as if it was reporting under US GAAP. In December 2020, OMV Petrom (51% subsidiary of OMV) signed a transaction for the sale of its assets in Kazakhstan to Magnetic Oil Limited, which led to the reclassification of assets and liabilities to held for sale. . Annual Report. Borealis increases its financial investment in Renasci to acquire a majority shareholding position of 50. com. The increase of contractual obligations in 2020 is mainly related to additional commitments of Borealis group. 65. 2021. 31. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Annual Report view report. 11. 14%. 2020. Read more. 2008 Production of 100 mn tons of OMV oil in Austria. 80 per share regular dividend and EUR 2. The financial year corresponds to the calendar year. The average realized gas price in EUR/ MWh advanced by 84%. 2019: EUR 1. Directors' Report on OMV Petrom S. For further details on health, safety, security, and environmental risks, please refer to the chapter Health, Safety, Security, and Environment in the Directors’ Report. 1%). 2020. announces its shareholders and investors about the updated Financial Calendar for 2017. 1. 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. 30. CDP request for cities, states and regions. OMV has unique knowledge of the existing geological formations in the Weinviertel region, which will benefit the joint venture. OMV’s financial stake in the block is 57. 1,813. Group Report January–September and Q3 2023 including condensed. Logout. 4%. Sustainability Reports. The financial statements of all consolidated companies are prepared in accordance with uniform group-wide accounting. 386. 9 bn in 2020, mainly due to the full consolidation of Borealis. The carrying amount of financial assets at fair value through profit or loss as at December 31, 2021 was EUR 4,941 mn (2020: EUR 3,353 mn). Notes to the Income Statement 9 – Other operating expenses. 1) Changes in accounting policies. 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. EG Group Q2 2023 Quarterly Financial Report. 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. OMV, the international, integrated oil, gas and chemicals company headquartered in Vienna, and Wood signed a Memorandum of Understanding (MoU) to enter into a mutually exclusive collaboration agreement for the commercial licensing of OMV’s proprietary ReOil® technology. This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Economic Calendar. OMV has ceased to fully consolidate YRGM and to equity account for SNGP in the consolidated financial statements. 02. Accordingly, there may be rounding differences. 86%. 1. Risk Management. OMV is closely monitoring the development of the consequences of the COVID-19 pandemic and regularly evaluating the impact on the Group’s cash flow and. ) Limited, which are dependent on the date when the Rosebank project coventurers will approve the final investment decision. Expenses related to all share based payment transactions are summarized in the below table. See Note 3 – Changes in group structure – for additional details. 2019. 23,544. An icon of a desk calendar. 6,304 Employees. 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. 40. Gains on the disposal of businesses, subsidiaries, tangible and intangible assets. FRANKFURT (dpa-AFX) - The possible merger of activities of Adnoc and OMV hardly hurt takeover fantasies for Covestro on Tuesday. Further Information Financial Calendar Further Information Glossary Topics Filter. Other stock markets. Daily production was 392 kboe/d* in 2022 (2021: 486 kboe/d), with a roughly equal share of natural gas and liquids production. -. 0375 per. com. Share-based payments were part of other employee benefits. Rezultatele preliminare pentru ianuarie-decembrie si T4 2022 (2) Publicare: 8:00 (ora locala) Teleconferinta si webcast pentru analisti si investitori (3) Conferinta de presa. Had the new tax rates been substantially enacted as of. Expenses from equity-accounted investments. The carrying amount of financial assets at fair value through profit or loss as of December 31, 2022, was EUR 3,063 mn (2021: EUR 4,941 mn). As per September 30, 2021, OMV finalized the sale of its 40% share in SMATRICS GmbH & Co KG (based in Vienna) and its 40% share in E-Mobility Provider Austria GmbH (based in Vienna) to VERBUND AG. Tuesday, November 30, 2021. Equity instruments designated as at fair value through other comprehensive income. Dividend payment date on June 12, 2023. 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. The financial year corresponds to the calendar year. 2021. 20,791. (13) din Legea nr. Q2 2023 Earnings Call. 5 mn t). 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. 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. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. In 2020, the remeasurement of the previously held 36% at-equity share in Borealis was included in the line “Other changes” in the statement of cash flows. Notes to the Statement of Financial Position 23 – Provisions. Notes to the Income Statement 12 – Taxes on income and profit. Johann Pleininger started his professional career at OMV in 1977 and later studied. H (ELG), registered in Lannach, which is holding the major part of the emergency stock of crude and petroleum products in Austria. 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 effects, lower sales volumes in Europe, and a. Annual Report current report. In Chemicals & Materials, OMV is one of the world’s leading providers of advanced and circular polyolefin solutions with total polyolefin sales of 5. In 2020, OMV increased its share in Borealis to 75%, strengthening its chemical business and extending the value chain into polymers. Organic capital expenditure in 2021 was predominantly related to investments in the European refineries and retail stations. About OMV. Explore the 2021 OMV Annual Report. Notes to the Consolidated Financial Statements Notes to the Statement of Financial Position. 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. The OMV Annual Report 2019 – 20,000 reasons why we’re excited about tomorrow. OMV AG company earnings calendar and analyst expectations - Upcoming and past events | BOERSE MUENCHEN: OMV | BOERSE MUENCHEN-- Oil and gas company OMV will make noncash impairment charges and value adjustments worth 1. Annual Report view report. September 5, 2023. OMV covers its financing needs. Explore the 2022 OMV Annual Report. 3,443. 2024-01-10 - Q4 2023 Sales and Revenue Release. There were no significant changes in group structure in 2021. Publication: 8:30 (local time) January 12, 2023. OMV Group. 08. Financial Calendar; Investor News; Find out more. A. A. Changes in segment reporting. Annual Report view report. dashboard; Key Figures Comparison. K. Significant non-cash items. 2020. As of December 31, 2022, the maximum exposure to loss from the securitization program was EUR 196 mn (2021: EUR. Notes to the Income Statement 11 – Net financial result. Annual General Meeting. K. Income Statement Evolution More financial data Analysis / Opinion OMV : Weaker medium-term outlook prompts our cuts . 15. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. The financial statements of all consolidated companies are prepared in accordance with uniform group-wide accounting. September 27, 2023 - Capital Markets Day at 11:00 a. Explore the 2021 OMV Annual Report. In 2023, fuels and other sales volumes in OMV’s markets in Europe are projected to be slightly higher than in 2022 (2022: 15. The OMV Annual Report 2019 – 20,000 reasons why we’re excited about tomorrow. May. Financial liabilities at amortized cost. We would like to show you a description here but the site won’t allow us. Borealis Bonds. 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. 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. OMV recognizes provisions for litigations if these are more likely than not to result in obligations. Financial Calendar; Glossary. Governance. 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). ) Limited resulting from a delay of expected date of final investment decision. 53,798. Strategy, key figures and highlights. The calculation is based on an interest rate of 3. 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. 2024-01-10 - Q4 2023 Sales and. 13. Sustainability Reports. Published October 27, 2020 Financial Calendar 2021 On October 27, 2020, OMV Petrom published its Financial Calendar for 2021. Higher net expenses for personnel reduction schemes in 2021 were mainly related to restructuring expenses from outsourcing activities in Romania. OMV expects production levels of ~370 kboe/d by 2025 and ~350 kboe/d by 2030, with a share of around 60% of natural gas, excluding any potential divestments. 6%. 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 2022 (PDF, 143,9 KB) Share on. Notes to the Income Statement 11 – Net financial result. Explore the 2021 OMV Annual Report. Add to calendar Google Yahoo! iCal Outlook. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 877. Businesses around the world have reacted and pledged to achieve net-zero by 2050. 7 mn t in 2022, and a European market. The OMV Group’s reported Operating Result decreased substantially to EUR 1,050 mn (2019: EUR 3,582 mn). Moreover the line contained impacts from the deconsolidation of JSC GAZPROM YRGM Development (YRGM) and OJSC Severneftegazprom (SNGP) as well as the fair value changes related. Annual Report current report. In the last years, a number of acquisitions in Upstream and Downstream have substantially strengthened the portfolio and its profitability. 22. The processing capacity of its refineries amounts to more than 500 kbbl/d. On March 8, 2023: Wien Energie and OMV join forces to develop deep geothermal energy in the Vienna region. Changes in segment reporting. Net income from equity-accounted investments. en de. (212) (6) Net income from equity-accounted investments. OMV Global. 2. 2. 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. OMV plans to invest EUR 5 billion by 2030 to lower the CO2 footprint of its. Suite 7-210 Baton Rouge, LA 70802 . Notes to the Income Statement 10 – Personnel expenses. 177. Trading Update Q4 2022. OMV Aktiengesellschaft (OTCMKTS:OMVKY) pays an annual dividend of $0. Net cash used in investing activities 1. 9 – Other operating expenses 11 – Net financial result. b. Strategy, key figures and highlights. 18 High-Power chargers covered by a.