The Integrated Gas Major - BG Group
The Integrated Gas Major - BG Group
The Integrated Gas Major - BG Group
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2007 results<br />
LNG: Outlook<br />
Liquefaction<br />
Shipping<br />
and<br />
Marketing<br />
* Pre-tax nominal return on capital invested<br />
Capital invested<br />
2009 – £0.8bn<br />
2008 – 13.5 mtpa<br />
2009 – 13.5 mtpa<br />
** EBITDA margin:<br />
• 1 mtpa = 51.7 tbtu<br />
• Portfolio average expressed as a percentage of sales at $7.25/mmbtu Henry Hub<br />
• Exchange rate assumption $2:£1<br />
• Excludes business development expenditure<br />
EBITDA margin raised from 18% to 30%<br />
Return *<br />
2008 – 15%<br />
2009 – 16% (was 13%)<br />
Volumes EBITDA margin **<br />
2008 – 30%<br />
2009 – 30% (was 18%)<br />
24
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