Kln Logistics Group Limited · HKEX:636

Kln Logistics — Kerry Logistics Network — FY2014 Earnings Presentation

16 slides from Kln Logistics's earnings presentation, 2015

  1. Slide 1: Annual Results 2014: Deepening Strengths for the New Silk Road

    A N N U A L R E S U LT S 2 0 1 4 DEEPENING STRENGTHS FOR THE NEW SILK ROAD Stock code: 636

  2. Slide 2: Disclaimer

    Disclaimer This presentation was prepared by Kerry Logistics Network Limited (the “Company”) for reference and general information purposes only. This presentation is not intended to and does not constitute investment advice, recommendation, invitation or offer to enter into, any agreement to purcha

  3. Slide 3: Financial Highlights

    Financial Highlights 2

  4. Slide 4: Results Overview

    Results Overview Turnover(1) Segment Profit 21% 54% HK$21,115m HK$1,787m 46% (+6%) (+12%) 79% IL IL IFF IFF (1) Turnover after elimination of inter-segment transactions 3

  5. Slide 5: Results Overview

    Results Overview Turnover(1) Segment Profit HK$ m HK$ m 25,000 2,000 21,115 1,787 20,000 19,295 19,969 1,600 1,500 1,441 15,000 933 823 1,000 730 10,000 LOP 500 435 476 LOP 5,000 411 HKW HKW 300 342 378 IFF IFF 2012 2013(2) 2014 2012 2013(2) 2014 Core Profits Profit Attributable to Shareholders HK$

  6. Slide 6: Turnover

    Turnover IL IFF HK$ m HK$ m 2% 12,658 10% 10,141 12,380 10,000 12,000 9,180 7,500 80,000 5,000 40,000 2,500 LOP HKW IFF 2013(2) 2014 2013(2) 2014 Figures presented above are before elimination of inter-segment transactions, Integrated Logistics (IL) consists of Logistics Operations (LOP) and Hong Ko

  7. Slide 7: Segment Profit

    Segment Profit IL IFF HK$ m HK$ m 1,600 12% 400 378 1,409 11% 342 1,258 1,200 300 933 800 823 200 LOP + 13% 400 100 HKW + 9% IFF 435 476 2013(2) 2014 2013(2) 2014 Integrated Logistics (IL) consists of Logistics Operations (LOP) and Hong Kong Warehouse (HKW) IL - Geographical Area IFF – Geographical

  8. Slide 8: Segment Profit and Core Net Profit

    Segment Profit and Core Net Profit Segment Profit – Geographical Area Core Net Profit 1% HK$ m YoY 4% YoY Segment Profit 1,787 + 12% 18% Greater China + 9% Less Unallocated Expenses (175) - 7% South & SE Asia + 13% HK$ 1,787m Europe + 87% Core Operating Profit 1,612 + 14% (+ 12%) Others + 93% Net fi

  9. Slide 9: Delivering Our Promises

    Delivering Our Promises Use of IPO Proceeds Delivered Committed Performance in FY2014 HK$ M Original planned Actual utilised Sustain profitable growth • Core operating profit and core net profit increased 14%  allocation of net proceeds as at 31 December 2014 and 10% respectively HK$ 2,378m HK$ 1,9

  10. Slide 10: Cash, Debt & Equity

    Cash, Debt & Equity Cash & Debt Shareholders’ Equity HK$ m 4,303 HK$ m 4,228 4,190 16,000 14,671 4,000 3,816 13,426 9% 3,000 12,000 Cash (3) 2,000 8,000 Debt (4) 1,000 4,000 31 Dec 2013 31 Dec 2014 31 Dec 2013 31 Dec 2014 (3) Cash and bank balances (4) Total bank loans and overdrafts Debt Maturity G

  11. Slide 11: Highlights in 2014

    Highlights in 2014 IL IFF GREATER CHINA ASEAN • Launched Kerry Pharma in Hong Kong • Increased controlled interests in KART Malaysia and Thailand to 100% • Extended pharmaceutical logistics services to Taiwan • Acquired a parcel of land in Shanghai OCEANIA • Formed Kerry Logistics (Oceania) in Austr

  12. Slide 12: Outlook and Strategy

    Outlook and Strategy 1 To deepen strengths for the New Silk Road To maintain sustainable growth despite stagnant global 2 demand in 2015 Greater China remains key contributor delivering strong 3 growth with our leading position in HK and Taiwan ASEAN continues to post robust growth riding on the 4 e

  13. Slide 13: Appendix

    APPENDIX LOGISTICS

  14. Slide 14: Appendix I – Consolidated Income Statement

    Appendix I – Consolidated Income Statement Year ended 31 December 2014 2013 HK$’000 HK$’000 Turnover 21,115,249 19,968,743 Direct operating expenses (17,975,806) (17,090,773) Gross profit 3,139,443 2,877,970 Other income and net gains 89,452 419,629 Administrative expenses (1,587,063) (1,491,252) Op

  15. Slide 15: Appendix II – Consolidated Statement of Financial Position

    Appendix II – Consolidated Statement of Financial Position As at 31 December ASSETS AND LIABILITIES 2014 2013 Non-current assets HK$’000 HK$’000 Intangible assets 1,834,776 1,968,950 Investment properties 7,456,242 6,379,282 Leasehold land and land use rights 580,941 541,348 Property, plant and equi

  16. Slide 16: Appendix II – Consolidated Statement of Financial Position (cont’d)

    Appendix II – Consolidated Statement of Financial Position (cont’d) As at 31 December 2014 2013 Non-current liabilities HK$’000 HK$’000 Loans from non-controlling interests 248,342 235,632 Long-term bank loans 3,010,101 2,864,332 Deferred taxation 541,527 508,138 Retirement benefit obligations 283,0

Kerry Logistics Network — FY2014 Earnings Presentation on 6ix