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Division Review

The world of Vopak Asia: 26 terminals in 10 countries

Terminals : 26
Capacity : 6.25 million cbm
Main products : Chemicals and Oil products
Countries : Australia, China, Indonesia, Japan, Korea, Malaysia, Pakistan, Singapore, Thailand, Vietnam


Performance of Asia in 2008
As regional demand for storage services rapidly increases, Vopak remains the leader in Singapore’s independent storage market.

Key Figures In € millions.
  2008 2007

Income from rendering of services 166.3 136.8
EBITDA 121.9 103.6
Operating profit (EBIT) 95.5 78.8
Average gross capital employed 811.7 658.7
Average capital employed 550.9 439.7
ROCE 16.5% 17.9%
Storage Capacity 5,818,800 4,817,900
Occupancy Rate * 94% 97%

*Our occupancy rate of 94% is somewhat lower than last year due to the many new storage tanks and extra maintenance. Our increase in storage capacity to serve our customers remains the main reason for the continuous growth in our operating profit. We will continue to support governments and our customers in developing state-of-the-art storage infrastructure to support regional growth.

Review by division
(Extracted from Annual Report 2008)

Division Capacity Number of terminals Income from rendering of services

Oil Europe, Middle East & Africa 11,067,100 33 € 251.7 million
Chemicals Europe, Middle East & Africa 3,984,200 € 313.1 million
Asia 5,818,800 24 € 166.3 million
North America 5,315,000 10 € 118.2 million
Latin America 881,700 13 € 69.9 million

Total 27,067,400 cmb 80 € 923.5 million


Capacity


Oil Europe, Middle and Africa  
North America
Chemicals Europe, Middle and Africa  
Latin America
Asia      



Income from rendering of services in Euros Millions


Oil Europe, Middle and Africa  
North America
Chemicals Europe, Middle and Africa  
Latin America
Asia      

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