2020. See Note 21 – OMV equity of the parent. 40. 2 clicks for more privacy: The 1st click establish the connection to Facebook. Annual General Meeting. Notes to the Income Statement 8 – Exploration expenses. 1. Internal reporting and the relevant information provided to the chief operating decision-maker in order to. com. For your recommendation a second click is necessary. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. Net income from equity-accounted investments. Financial Calendar; Glossary. 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. 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. Our independence affords us the freedom to pursue the very best life insurance, estate planning, wealth management & pension solutions for our clients. 3. Financial Calendar; Glossary. Sustainability Reports. Notes to the Income Statement 5 – Sales revenues. OMV Petrom is the largest integrated energy company in South-Eastern Europe, with an annual Group hydrocarbon production of approximately 43 million boe in. ssm_ (ID) Cloudflare. The Downstream Oil clean CCS Operating Result increased in 2019 by EUR 56 mn to EUR 1,495 mn. The consolidated financial statements comprise the financial statements of OMV Aktiengesellschaft and the entities it controls (its subsidiaries) as at December 31, 2021. In 2020 and in 2019 the contractual commitments were mainly related to exploration and production activities in Upstream. For further details on lease contracts please refer to Note 15 –. Strategy, key figures and highlights. OMV is selling trade receivables in a securitization program to Carnuntum DAC, based in Dublin, Ireland. Sustainability Reports. Transparency is the basis for trust. At 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. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. Income Statement Evolution More financial data Analysis / Opinion OMV : Weaker medium-term outlook prompts our cuts . OMV AG company earnings calendar and analyst expectations - Upcoming and past events | Deutsche Boerse AG: OMVI | Deutsche Boerse AG250. In 2020, OMV increased its shareholding in Borealis to 75%. Update Financial Calendar 2017. ) Limited. 7/bbl). VIE) : Stock quote, stock chart, quotes, analysis, advice, financials and news for Stock OMV AG | Wiener Boerse: OMV | Wiener Boerse. On April 19, 2022, Bayport Polymers LLC, which is accounted for using the equity method, partially repaid the loan towards the Group in the. Hence, OMV’s mid term plan (MTP) assumptions, which are used for estimates in different areas of the group financial statements, including impairment of assets, useful lives and decommissioning provisions, are based on a scenario which is based on the IEA Stated Policies Scenario (STEPS) taken from the World Economic Outlook and adjusted. Strategy. 2,009. 9 bn. Explore the 2021 OMV Annual Report. We are auditors without cease since 2011. Publication: 8:30 (local time) January 12, 2023. . 22,334. Expenses from equity-accounted investments. Strategy, key figures and highlights. 13,608. By 2030, OMV aims to invest around EUR 5 bn in low-carbon geothermal energy, Carbon Capture and Storage ( CCS ), and further renewable power solutions like photovoltaic or onshore and offshore wind power generation. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. 50% of the cash payments due in 2020 under the Annual Bonus 2019 for the active Executive Board members were postponed to January 2021. 7,753. 6. Further Information Financial Calendar Further Information Glossary Topics Filter. The Group has adopted the following amendments to standards from January 1, 2021: Amendment to IFRS 16 Leases: Covid-19-Related Rent Concessions. 2024. All. ON Kraftwerke GmbH (HGB) Spin-off Documents. Strategy, key figures and highlights. Annual Financial Report; Memoranda; Accounts Receivable; Office of Technology Services. Annual Report current report. Annual Reports. This, together with stringent cost and capital. Adhoc report - Reporting of transactions pursuant to art. 4 TWh, an increase of 31% over 2019. The financial statements of all consolidated companies are prepared in accordance with uniform group-wide accounting. Diluted Earnings Per Share in EUR. OMV News, April 26, 2018 - 09:30 am (CEST) OMV Group. Contact. Q3 2023 Sales and Revenue Release - Trading Update. REPORT FRAUD, WASTEThe present value of the provision as at December 31, 2022, was EUR 32 mn (2021: EUR 390 mn). Changes in segment reporting. Notes to the Income Statement. The clean Operating Result decreased from EUR 2,027 mn to EUR 1,951 mn in 2019. 26. 2023-09-12. Annual Report current report. Explore the 2021 OMV Annual Report. OMV’s gas business is operated in strict adherence with the applicable gas unbundling rules. Calendar. E-Mail Contact . OMV’s Annual General Meeting on May 14, 2019, elected a total of five new members – based on the proposal of ÖBAG – to the Supervisory Board: Thomas Schmid, Stefan Doboczky, Elisabeth Stadler, Christoph Swarovski, and Cathrine Trattner. The deadline for responding is 15 November 2023. Calendar. Cash and cash equivalents presented in the consolidated statement of financial position. OMV Group. Here you can find all the news, information on the share and details on the finance strategy along with the Financial Calendar. 302. 4/bbl). Diluted Earnings Per Share in EUR. The purchase price of the transaction. 2020. At year end 2022, proven reserves amounted to 1,037 mn boe. In 2021, daily production was 486 kboe/d (equal to 177. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. Annual Report view report. Notes to the Statement of Financial Position 22 – Non-controlling interests. Annual Report view report. Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures. The following tables provide a reconciliation to the amounts reported in the income statement. In the Middle East, it owns 15% of ADNOC Refining and ADNOC Global Trading. Annual Report view report. Notes to the Income Statement 7 – Depreciation, amortization, impairments and write-ups. The proportion of ownership corresponds to the proportion of voting rights of the non-controlling interests in all cases. Notes to the Income Statement 10 – Personnel expenses. Strategy, key figures and highlights. Contractual obligations. 37 – Subsequent events. Fr. OMV produces and markets oil and gas, as well as chemical solutions in a responsible way. Lease liabilities increased mainly due to the new leasing contracts for storage infrastructure related to the propane dehydrogenation plant (PDH) in Kallo, Belgium. 7 mn t in 2022, and a European market. In the last years, a number of acquisitions in Upstream and Downstream have substantially strengthened the portfolio and its profitability. Quarterly Report – Q4. Therefore, the investment is accounted for as an associated company. OMV AG (OMV. . en ro. , subsurface storage of hydrogen. Q2 2023 Earnings Call. 1. 2020. Commerzbank and ODDO BHF Corporate Conference, Frankfurt. com. Strategy, key figures and highlights. Management is of the opinion that litigations, to the extent not covered by provisions or insurance, will not. Capital expenditure in Refining & Marketing amounted to EUR 654 mn (2020: EUR 570 mn). 19 Nov Sun. 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). Other financial liabilities. 2020: as proposed by the Executive Board and confirmed by the Supervisory Board, subject to confirmation by the Annual General Meeting 2021. We were appointed by the Supervisory Board on June 22, 2021. 4, 5. 1. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Annual Reports. Proposed regular dividend of EUR 2. Notes to the Statement of Financial Position 23 – Provisions. The clean Operating Result rose sharply from EUR 2,892 mn to EUR 7,396 mn in 2022. Annual Report view report. The OMV Group’s reported Operating Result slightly rose to EUR 3,582 mn (2018: EUR 3,524 mn). On January 20, 2022, the government bill for the Eco Social Tax Reform Act passed the third reading of the National Parliament of Austria. Notes to Statement of Financial. 10:56:03 2023-11-22 am EST 5-day change 1st Jan Change. Contact. Financial Calendar. 2020. Chris Uhl, OMV was born in Cleveland, OH and comes from a family of eight. 23,544. 157. OMV Annual Report 2020. 2021. ensures the functionality, operation and login to internal tools such as CMS, internal gateways and. Explore the 2021 OMV Annual Report. 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. Results January – September and Q3 2023 Download selected Conference Call Group Clean CCS Operating Result lessened to EUR 1,334 mn due to a lower contribution from. Quarterly Report - Q3 2023. In 2021, OMV transferred trade receivables amounting in total. September 18, 2023. Before your consent,. 3. Notes to the Income Statement 11 – Net financial result. Management is of the opinion that litigations, to the extent not covered by provisions or insurance, there is either no present obligation and/or the outflow is remote and/or they will not materially affect the Group’s financial position. Nov 22, 23 DZ Bank Equity Conference, Frankfurt. 909. 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). The increase of contractual obligations in 2020 is mainly related to additional commitments of Borealis group. 30M. These mainly consisted of financial assets held for trading. Financial Calendar; Investor News; Find out more. EG Group Q 2023 Financial Databook. Annual Reports. Notes to the Consolidated Financial Statements Notes to the Income Statement. 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 in 2020. Dashboard. Strategy, key figures and highlights. Meanwhile, OMV shares rose by almost 7. com. Key Figures Comparison; Downloads. Interest income from loans included EUR 84 mn (2019: EUR 70 mn). 6 bn compared to EUR 1. There were no major acquisitions during 2021. Following the reorganization of the OMV Group, starting with Q1/21 OMV will change its reporting. 2022. The OMV Investor Relations team is always available for stakeholders with information, publications and events. We are auditors without cease since 2011. 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. (XLSX:) Download. Strategy, key figures and highlights. 85. 16 – Equity-accounted investments 18 – Financial assets. EG Group Q 2023 Financial Databook. Notes to the Income Statement 10 – Personnel expenses. OMV has ceased to fully consolidate YRGM and to equity account for SNGP in the consolidated financial statements. 3 bn in 2022 (2021: EUR 1. 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 sale1,308. Date. Annual Report view report. This financial calendar represents only an extract of the planned dates. 491. 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. Statement of Financial Position. Key Figures Comparison; Compare to last year. The balance of other finished products is mainly attributable to the finished products of Borealis Group, i. 74; its P/E ratio is 8. The new entity, SapuraOMV Upstream Sdn. Inventories increased from EUR 3,150 mn in 2021 to EUR 4,834 mn in 2022 mainly impacted by the filling of our natural gas storage facilities and increased natural gas prices as well as increased balances for finished petroleum products. Quiet period begins on October 16, 2023. Sustainability Reports. Notes to the Income Statement 9 – Other operating expenses. Explore the 2022 OMV Annual Report. Excluding financial assets that were reclassified to assets held for sale, which are described in Note 20 – Assets and Liabilities held for sale. Notes to the Statement of Financial Position 20 – Assets and liabilities held for sale. FRANKFURT (dpa-AFX) - The possible merger of activities of Adnoc and OMV hardly hurt takeover fantasies for Covestro on Tuesday. 06:00:00 2023-10-25 pm EDT 5-day change. OMV Annual Report 2020. Executive Board members have to fulfill the shareholding requirement within five years after the initial respective appointment. 7 KB) The information shown above is subject to final confirmation. As of 2021, the Downstream segment was split in Refining & Marketing and Chemicals & Materials. Sustainability Reports. 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. In 2021 as well as in 2020, non-cash additions to fixed assets included mainly effects related to the reassessment of decommissioning and restoration obligations. OMV covers its financing needs. Contact . 2024-01-10 - Q4 2023 Sales and. 11 – Net financial result; 12 – Taxes on income and profit; 13 – Earnings Per Share; Notes to the Statement of Financial Position. Basis of Preparation and Accounting Policies 3 – Changes in group structure. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Notes to the Income Statement 5 – Sales revenues. 2019. 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. 2008 Production of 100 mn tons of OMV oil in Austria. Investors. 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. 2019. 2021. 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. Annual Reports. Borealis bond 18-25. Other sundry financial assets included expenditure recoverable from Romanian State amounting to EUR 326 mn (2021: EUR 372 mn) related to obligations for decommissioning and environmental costs in OMV Petrom SA. February. Details of OMV Group’s financial liabilities are shown in Note 24 – Liabilities. Notes to the Income Statement 8 – Exploration expenses. For your recommendation a second click is. 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. 19,899. On September 1, 2021, Alfred Stern became Chairman of the Executive Board of OMV Aktiengesellschaft, having already. Downloads; to page top. This included 239,035 (2021: 421,342) contingently issuable bonus shares related to Long Term Incentive Plans and the Equity Deferral. Notes to the Income Statement 9 – Other operating expenses. Financial Calendar; Glossary. Annual Report current report. Significant non-cash items. 20. Total assets increased by EUR 3,414 mn to EUR 40,375 mn. Add to calendar Google Yahoo! iCal Outlook. Note. 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. email and financial accounts as a precaution. 23,544. OMV’s Supervisory Board consists of ten members elected by the General Meeting (shareholders’ representatives) and five members* delegated by the Group’s Works Council. Strategy and targets of debt financing. 2024-01-10. The Group tax rate was significantly affected by income coming from tax synergies from the acquisition of additional shares in Borealis that led to a write-up of. 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. The reversal of inventories write-downs in 2020 were related to the gas business resulting from increased prices. Annual Reports. Calendar OMV AG OTC Markets Equities OMVJF AT0000743059 Delayed OTC Markets. Calendar. 1) Changes in accounting policies. is one of the Romanian largest oil and gas groups. Notes to the Income Statement 8 – Exploration expenses. With a year-end market capitalization of around EUR 16 bn, OMV is one of Austria’s largest listed industrial companies. Explore the 2021 OMV Annual Report. 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. BofA Securities Materials & Infrastructure Conference 2021 (virtual) Monday, November 29, 2021. 85. With a Group tax rate of 38% (2018: 40%) the net income amounted to EUR 2,147 mn. Other liabilities. OMV holds 55. Auditor’s Report Consolidated Statement of Comprehensive Income for 2021. Interest income from loans included EUR 92 mn (2020: EUR 84 mn) related to the Nord Stream 2. Internal reporting and the relevant information provided to the chief operating decision. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. Annual Reports. On September 29, 2020, OMV’s Annual General Meeting approved a dividend of EUR 1. All shares are entitled to dividends for the financial year 2022, with the exception of treasury shares held by OMV Aktiengesellschaft. The OMV Investor Relations team is always available for stakeholders with information, publications and events. Cash and cash equivalents presented in the consolidated statement of financial position. 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. Notes to the Statement of Financial Position 23 – Provisions. In spite of holding the majority of voting rights in the general assembly, OMV. 7 billion euros for the fourth quarter of 2021. Before your consent,. 000 economic indicators, actual values, consensus figures and proprietary forecasts. Annual Report view report. Strategy, key figures and highlights. Final Results for the year to 31 March 2023. Disbursement is made in cash or in shares. Annual Report view report. Annual Report current report. 6,304 Employees. FINANCIAL CALENDAR April 12, 2023 Trading Update Q1 2023 April 28, 2023 Results January–March 2023OMV Annual Report 2020. Download OMV Petrom Financial Calendar 2022 (PDF, 143,9 KB) Share on. 11. Topics filter Strategy Executive and Supervisory Board Corporate Responsibility Results. OMV AG company earnings calendar and analyst expectations - Upcoming and past events | Berne Stock Exchange: OMV | Berne Stock Exchange. 6 – Other operating income and net income from equity-accounted investments. Search. 8,090. Group Report January–September and Q3 2023 including condensed. Financial Calendar 2020. 2010 Highest production level for OMV Austria since 1980. 30%. 2024. com. 454. In 2023, fuels and other sales volumes in OMV’s markets in Europe are projected to be slightly higher than in 2022 (2022: 15. 852. On October 31, 2016 OMV Petrom published the Financial Calendar for 2017. 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. Austrian energy company OMV is a part. In 2021 the intangible assets transferred to assets held for sale amounted to EUR 74 mn, mainly related to OMV’s 25% stake in the Norwegian oil field Wisting, which was sold in Q4/21. Baader Investment Conference. Annual Reports. 8 TWh in 2020. Explore the 2022 OMV Annual Report. A. Annual Report view report. About OMV. 85. Notes to the Consolidated Financial Statements Notes to the Statement of Financial Position. 50% of the cash payments due in 2020 under the Annual Bonus 2019 for the active Executive Board members were postponed to January 2021. 1. Borealis Bonds. 65. In data de 27 octombrie 2021, OMV Petrom a publicat Calendarul financiar pentru 2022. 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 saleEARNINGS/SALES RELEASESAnother challenging quarter for OMV due to softening chemicals margins and the natural decline in oil and gas fields. Dividend payment date on June 12, 2023. 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. 9. Introduction We have reviewed the interim condensed consolidated financial statements of OMV Petrom S. dashboard; Key Figures Comparison. On October 29, 2020, OMV acquired an additional 39% stake in Borealis AG from Mubadala Investment Company and holds now a 75% interest in Borealis AG. Annual Report view report. Financial Calendar; Glossary. Financial Calendar 2014. IONITY AND ITALIAN CITY OF AFFI ENABLE SUSTAINABLE MOBILITY IN LAKE GARDA REGION . 1) Changes in accounting policies. Logout. Interest income from other financial and non-financial assets in 2020 primarily contained late payment interest income in relation to successful arbitration in Romania and positive effects of discounting of receivables from the Romanian State. OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. Strategy, key figures and highlights. On October 31, 2019, OMV Petrom published its Financial Calendar for 2020. 3. (13) din Legea nr. Consolidated Statement of Comprehensive Income for 2022 Consolidated Statement of Changes in Equity for 2022. 25. andBRD - Groupe Société Générale - the selected payment agent - starting with June. Nov 28, 23 EKF Deutsches Eigenkapitalforum, Frankfurt. Consolidated Income Statement; In EUR mn . Digitalization Business Overview. Annual Report current report. The decrease in the number of employees in the OMV Group, excluding OMV Petrom Group and Borealis Group, was impacted by the sale of Gas Connect Austria in 2021. OMV Yemen also has a 34% stake in Block 3 and 19. Other stock markets.