Marine Capability
8 BESIX GROUP IN 2015 CONSOLIDATED KEY FIGURES 2015 RETURN ON EQUITY 0.7% SOLVENCY RATIO 24.4% NET CASH POSITION 26.4 TOP-LINE GROWTH 8.0% in EUR million IN EUR MILLION 2010 2011 2012 2013 2014 2015 P&L ACCOUNT Turnover 1,802.5 1,712.8 2,132.0 2,314.4 2,000.5 2,159.7 EBITDA 142.8 137.4 130.9 121.9 102.7 46.1 EBITDA margin (%) 7.9% 8.0% 6.1% 5.3% 5.1% 2.1% EBIT 88.9 95.2 83.4 78.5 65.1 0.4 EBIT margin (%) 4.9% 5.6% 3.9% 3.4% 3.3% 0.0% Earnings before taxes 89.5 100.5 100.5 95.6 79.3 15.4 Consolidated profit 83.1 91.3 92.0 83.4 62.9 3.8 Net result margin (%) 4.6% 5.3% 4.3% 3.6% 3.1% 0.2% Cash flow 158.9 139.4 111.7 124.1 84.6 75.8 Cash flow margin (%) 8.8% 8.1% 5.2% 5.4% 4.2% 3.1% BALANCE SHEET Equity 373.6 431.6 450.0 499.7 527.3 518.3 Net cash position 388.8 348.7 301.6 194.3 160.6 26.4 Solvency ratio 22.0% 25.3% 27.1% 27.5% 26.4% 24.4% Liquidity ratio 1.24 1.26 1.31 1.43 1.43 1.40 Return on equity 26.7% 24.4% 21.3% 18.5% 12.6% 0.7% ORDER BOOK (31 DEC) 3,118 3,592 3,073 2,716 2,962 3,229
KEY FIGURES BESIX GROUP IN 2015 9 EVOLUTION OF ORDER BOOK in EUR million EVOLUTION OF TURNOVER in EUR million Benelux-France International Total 935 2,183 1,060 2,532 1,051 2,022 1,190 1,526 1,264 1,698 1,146 2,083 771 1,031 849 864 971 1,161 1,044 1,270 989 1,011 984 1,176 3,118 3,592 3,073 2,716 2,962 3,229 1,802 1,713 2,132 2,314 2,000 2,160 10 11 12 13 14 15 10 11 12 13 14 15 ORDER BOOK BY REGION in % ORDER BOOK BY SECTOR in % 23.5% 22.8% 16.5% 12.0% 7.3% 6.9% 3.9% 3.5% 1.8% 1.4% 0.4% Belgium UAE Qatar The Netherlands - GD Luxembourg - France Saudi Arabia North Africa Bahrain Switzerland Eastern Europe Central Africa Asia 64.0% 23.1% 10.9% 1.1% 0.9% Buildings Civil works Marine works Environment Foundations
04 Proven skills Port and Marine projects have been one of BESIX s most dynamic areas of work since the company was first established. BESIX focuses on the design and construction of onshore and offshore marine projects: locks, seawater intakes, breakwaters, quay walls, jetties and oil and gas terminals. Investors are not only attracted by BESIX s international experience, technical skill and innovative solutions, but also by the marine equipment which the Company owns, enabling work to get started quickly. Tanger Med I, morocco Bioko LNG Terminal, EQUATORIAL GUINEA
marine works 05 South Hook LNG Terminal, united kingdom Fujairah Naval base, united arab emirates Sokhna Seawater Intake, egypt
06 Development & innovation The Engineering Department has been one of the pillars of the BESIX organization for decades. BESIX Engineering Department is a 140 people-strong in-house engineering team, solely dedicated to the BESIX Group. It provides sustainable tailormade solutions for clients according to the highest engineering standards. This is obtained by having a close integration between the Design and Methods Department and the site s technical office, strongly focusing on Constructability and Innovation. The Department uses the latest top-of-the-range calculation software, including Business Information Modelling, and also works closely with International Consultants and Hydraulic Institutes. Building Information Modelling (BIM) helps to better control the generation and management of project information during the entire life cycle of a project. This approach strengthens the collaboration among all stakeholders involved (promoter, engineering office, contractor, subcontractor...) and results in a more integrated and efficient project development process. Thanks to the rich visual information provided by BIM, interface issues are identified and resolved at an early stage. BESIX Engineering Department uses the latest BIM software applications to facilitate streamlined information generation and exchange. Constructability is the process by which a project, from its start through construction to final commissioning, develops and adopts a cost-effective design in order to construct the project safely for the lowest practical cost, on schedule, and allowing for factors such as quality, sustainability, operability and maintainability. For BESIX, constructability is based on a continuous, forward-looking and integrated planning approach. This minimises design rework and results in a higher-quality design. Floodgate Heumen, the netherlands Simandou Project, GUINEA
marine works 07 Equipment With its specialized plant and equipment, BESIX brings added value to the construction of Marine Projects. BESIX owns an extensive fleet of marine equipment: two large Self-Elevating Platforms (jack-up barges), two dipper dredgers, split hopper barges, crane and transport barges, tugs and workboats. This investment in a modern and efficient fleet leads to significant cost savings for clients, as we are not dependent on external hiring.