Slide 1: Letter to Philippine Stock Exchange
November 14, 2012 PHILIPPINE STOCK EXCHANGE, INC. (PSE) Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Subject: SMC Investors’ Briefing (2012 Third Quarter Results) Gentlemen:
Slide 2: Investors' Briefing 2012 September YTD Results
Investors’ Briefing 2012 September - yd Resulty food beverage packaging & power & energy oil refining infrastructure mining property telecommunications aviation
Slide 3: Updates: preferred shares and secondary offering
Updates anmes, * 1,067,000,000 Series “2” preferred shares * Price: P75.00 © Date of listing of Series “2” preferred shares: September 28, 2012 * Date of redemption of Series “1” preferred shares: October 5, 2012 * To meet 10% minimum float requirement of PSE * Secondary shares offering with size of
Slide 4: Consolidated Financial Highlights
Consolidated Financial Highlights a. Net Sales 509.2 393.5 29% Income from Operations 37.8 41.5 -9% Net Income before minority interest 26.4 20.2 31% Net Income attributable to equity holders of the parent company Recurring EBITDA 55.4 56.7 -2% January — September 2012 oO
Slide 5: San Miguel Brewery Inc.
San Miguel Brewery Inc. svtncue a Net Sales 53,849 52,084 3% Income from Operations 15,439 14,654 5% Volume (mil cases) 164.0 165.8 -1% Domestic 133.2 134.8 -1% International 30.7 30.9 -1% January — September 2012 oO
Slide 6: Ginebra San Miguel Inc.
Ginebra San Miguel Inc. apices, a ~:~»): Net Sales 10,923 11,509 -5% Income from Operations (393) (532) 26% Volume (mil cases) 17.8 19.2 -7% January — September 2012 oO
Slide 7: San Miguel Food Group
San Miguel Food Group Perce a January — September 2012 Net Sales 69,354 64,286 8% I fi re) ti ncome from Operations 3,274 4,254 23% In million pesos al Q2 Q3 Income from Operations 659 1,203 1,412 a O
Slide 8: San Miguel Packaging Group
San Miguel Packaging Group A. a | Net Sales 17,927 17,728 1% Income from Operations 1,654 1,575 5% January — September 2012 |
Slide 9: SMC Global Power
SMC Global Power . Net Sales 57,351 53,534 7% Income from Operations 13,851 10,986 26% Net Generation (GWH) 11,654 10,729 9% January — September 2012
Slide 10: Petron Corporation
Petron Corporation somes, ee Net Sales 307,341 201,929 52% Income from Operations 6,540 13,435 -51% Fuel (‘000 barrels) 53,156 34,284 55% January — September 2012 EO
Slide 11: Other Businesses
Other Businesses mcs, a _ _*?!/ * Signing of aircraft deal with Airbus * Manila-Toronto flights starting November 30 ¢ Extension of Boracay Airport’s runway underway * TPLEX construction progressing as planned
Slide 12: Financial Position
Financial Position ems, TOTAL ASSETS CASH BALANCE INTEREST-BEARING DEBT CURRENT RATIO DEBT-TO-EQUITY RATIO INTEREST-BEARING-DEBT-TO UITY RATIO NET DEBT TO 12-MONTH ROLLING EBITDA * Cash net of Preferred shares Series “1” payment in Oct. 5 oO
Slide 13: Thank you
Thank you Visit our websites: San Miguel Corporation www.sauniguel.com.ph San Miguel Brewery Inc. www.sanniguelbrewery.com.ph Ginebra San Miguel Inc. www.ginebrasanmiguel.com San Miguel Pure Foods Company Inc. www.sammiguelpurefoods.com Petron Corporation www.petron.com Contact us: SMC Investor Rela