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Annual Report 2020
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Annual Report 2020
Shareholders
CEO Statement
Executive Board
Report of the Supervisory Board
OMV on the Capital Markets
Directors’ Report
Company
About OMV
Strategy
Market Outlook
Strategic Cornerstones
Finance
Sustainability
Sustainability Targets and Commitments
Carbon Efficiency
Business Principles and Social Responsibility
Health, Safety, Security, and Environment
HSSE Strategy
Health, Safety, and Security
Environmental Management
Employees
Business Year
Business Environment
Financial Review of the Year
Gearing Ratio
Capital Expenditure (CAPEX)
Notes to the Cash Flow Statement
Notes to the Income Statement
Notes to Statement of Financial Position
Upstream
Performance
Portfolio Developments
Key Projects
Exploration and Appraisal Highlights
Innovation, New Technologies, and Digitalization
Downstream
Performance
Business Overview
Innovation, New Technologies, and Digitalization
Outlook
Risk
Other Information
Governance
Executive Board
Supervisory Board
Women’s Advancement and Diversity Concept
External Evaluation of Corporate Governance
Financial Statements
Auditor’s Report
Income Statement
Comprehensive Income
Financial Position
Changes in Equity
Cash Flows
Notes
Notes to the Consolidated Financial Statements
Basis of Preparation and Accounting Policies
1 – Basis of preparation
2 – Accounting policies, judgements and estimates
3 – Changes in group structure
Segment Reporting
Notes to the Income Statement
5 – Sales revenues
6 – Other operating income and net income from equity-accounted investments
7 – Depreciation, amortization, impairments and write-ups
8 – Exploration expenses
9 – Other operating expenses
10 – Personnel expenses
11 – Net financial result
12 – Taxes on income and profit
13 – Earnings Per Share
Notes to the Statement of Financial Position
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 sale
21 – OMV equity of the parent
22 – Non-controlling interests
23 – Provisions
24 – Liabilities
25 – Deferred tax
Supplementary Information on the Financial Position
26 – Statement of cash flows
27 – Contingent liabilities
28 – Risk management
29 – Fair value hierarchy
30 – Offsetting of financial assets and financial liabilities
31 – Result on financial instruments
32 – Share based payments
Other Information
33 – Average number of employees
34 – Expenses Group auditor
35 – Related parties
36 – Unconsolidated structured entities
37 – Subsequent events
38 – Direct and indirect investments of OMV Aktiengesellschaft
Oil and Gas Reserve Estimation and Disclosures (unaudited)
Executive Board
Further Information
Payments Made to Governments
Five-Year Summary
Fields of Activity
Financial Calendar
Glossary
Key Figures Comparison
Key Figures Comparison
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Key Figures Comparison
Key Figures Comparison
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