Dmci Holdings Inc. · PSE:DMC
Dmci — Q3 2022 Earnings Presentation
62 slides from Dmci's earnings presentation, Nov 8, 2022
Slide 1: Q3/9M 2022 Analysts' Briefing
Q3/9M 2022 Analysts’ Briefing 8 November 2022 Makati City via remote communication (Zoom)
Slide 2: Contents
CONTENTS 3 CONSOLIDATED 7 DMCI 9 DMCI HOMES 11 SMPC 20 SUMMARY 21 OUTLOOK 14 DMCI POWER 16 DMCI MINING 18 MAYNILAD 22 ANNEX
Slide 3: Highest-ever Q3 driven by energy and real estate
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Highest-ever Q3 driven by energy and real estate CONTRIBUTION HIGHLIGHTS In Php mn Q3 2022 Q3 2021 Change • Best-ever third-quarter net income SMPC (56%) 5,750 2,282 152% • SMPC and DMCI Homes contribut
Slide 4: 9M 2022 surpasses FY2013 profit record
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK 9M 2022 surpasses FY2013 profit record CONTRIBUTION HIGHLIGHTS In Php mn 9M 2022 9M 2021 Change • 9M results 1.5x better than FY2021 (Php 18.4 bn); breaks ATH earnings record of Php SMPC (56%) 20,381 5,
Slide 5: Elevated prices propel revenues to record high
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Elevated prices propel revenues to record high CONSOLIDATED HIGHLIGHTS In Php mn Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change • Record-high Q3 and 9M revenues, Revenues 32,835 26,365 25% 114,301 80,025
Slide 6: Key takeaways: balance sheet
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK KEY TAKEAWAYS In Php mn Sep 2022 Dec 2021 Change • Total assets up by 17% mostly on higher SMPC Cash and cash equivalents 43,172 18,342 135% cash and receivables (Php 26.6 bn), DMCI Receivables and cont
Slide 7: Construction slowdown dampen topline, margins
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Construction slowdown dampen topline, margins KEY TAKEAWAYS Standalone Financial 9M 2022 9M 2021 Change Q3 2022 Q3 2021 Change Highlights (in Php mn) • Revenues dropped mainly due to construction slowdo
Slide 8: New projects provide some order book relief
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK New projects provide some order book relief KEY TAKEAWAYS Revenue Breakdown Q3 2022 Q3 2021 Change • Building SBU biggest revenue (in Php mn) contributor (48%) Building* 1,941 1,388 40% Infrastructure 1
Slide 9: Higher prices, cost control offset lower accomplishments
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Higher prices, cost control offset lower accomplishments KEY TAKEAWAYS Standalone Financial Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change Highlights (in Php mn) • Revenues fell on lower construction 17,
Slide 10: Sales get a triple-digit boost on new launches
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Sales get a triple-digit boost on new launches KEY TAKEAWAYS Key Metrics Q3 2022 Q3 2021 Change • Sales and reservations more than doubled following 2,613 1,128 132% Sales and reservations (units) the l
Slide 11: Blockbuster revenues, earnings, cash and special dividends
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Blockbuster revenues, earnings, cash and special dividends KEY TAKEAWAYS Standalone Financial Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change Highlights (in Php mn) § Highest Q3 revenues and earnings; 9M
Slide 12: Better-than-expected production and inventory amid weather
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Better-than-expected production and inventory amid weather KEY TAKEAWAYS Key Metrics Q3 2022 Q3 2021 Change § Strip ratio down and production up on controlled water seepage and easier access to coal in
Slide 13: Spot sales soar on higher plant output, lower contracts
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Spot sales soar on higher plant output, lower contracts KEY TAKEAWAYS Key Metrics Q3 2022 Q3 2021 Change • Total plant availability rose on continuous SCPC Unit 1 operations, lower SLPGC unplanned Total
Slide 14: Q3 and 9M results expand to historic highs
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Q3 and 9M results expand to historic highs KEY TAKEAWAYS In Php mn Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change • ATH Q3 and 9M topline on strong Revenues 2,133 1,392 53% 5,489 3,415 61% sales COS 1,77
Slide 15: Historic selling prices and robust demand growth
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Historic selling prices and robust demand growth KEY TAKEAWAYS Key Metrics Q3 2022 Q3 2021 Change • Gross generation and energy sales improved Gross Generation (in GWh) 118.0 106.8 10% double digits lar
Slide 16: Sharp drop in Q3 revenues and earnings
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Sharp drop in Q3 revenues and earnings KEY TAKEAWAYS Standalone Financial Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change Highlights (in Php mn) • Topline drop mainly due to lower Revenues 240 338 -29% 2,
Slide 17: Elevated prices soften blow of lower shipment
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Elevated prices soften blow of lower shipment Key Metrics Q3 2022 Q3 2021 Change KEY TAKEAWAYS Production (in WMT ‘000) 149 268 -44% • Total shipments halved on poor weather BNC - 196 - 100% conditions
Slide 18: Higher costs outweigh topline growth
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Higher costs outweigh topline growth KEY TAKEAWAYS Standalone Financial Q3 2022 Q3 2021 Change 9M 2022 9M 2021 Change Highlights (in Php mn) • Revenues grew on higher billed volume, improved average tar
Slide 19: Billed volume recover on easing COVID restrictions
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Billed volume recover on easing COVID restrictions KEY TAKEAWAYS Key Metrics Q3 2022 Q3 2021 Change • Higher billed volume attributable to easing Production (in MCM) 188.0 192.6 -2% COVID-19 restriction
Slide 20: Summary
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Summary CONSOLIDATED DMCI DMCI HOMES Highest-ever Q3 driven Construction Higher prices, cost by energy and real slowdown dampen control offset lower estate topline, margins accomplishments SMPC DMCI POW
Slide 21: Outlook
CONSOLIDATED • DMCI • DMCI HOMES • SMPC • DMCI POWER • DMCI MINING • MAYNILAD • SUMMARY • OUTLOOK Outlook CONSOLIDATED DMCI DMCI HOMES Value engineering Conservative bidding Strategic launches expertise and strong to sustain order book and more incentives balance sheet to soften and protect margins
Slide 22: Annex
Page Title 23 2022 Capex Update 24 Market Forecasts Annex 25 (coal, WESM and nickel) ESG Highlights and Updates 34 Consolidated Income Statement 35 Parent Balance Sheet Operating Highlights and Unaudited Results of Subsidiaries and Affiliate 36 DMCI 45 DMCI Homes 47 SMPC 56 DMCI Power 58 DMCI Mining
Slide 23: Capex Update
Capex Update In Php bn 9M 2022 9M 2021 Change 2022F 2021 Change DMCI 0.1 0.6 -83% 0.2 0.7 -71% DMCI Homes 12.0 11.8 2% 18.2 15.8 15% SMPC 3.6 3.6 0% 5.1 3.9 31% DMCI Power 1.6 1.0 60% 1.9 1.4 35% DMCI Mining 0.3 0.3 0% 0.3 0.3 0% Maynilad 10.3 5.2 98% 12.4 9.8 27% Total 27.9 22.5 24% 38.1 31.9 19% 2
Slide 24: Market Forecasts
421 398 Newcastle 393 Market 377 356 335 Prices In USD/MT Forecasts 264 As of October 21, 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 PH FOB Year NEWC WESM LME Nickel* WESM 2019 77.8 4.66 14,089 22 8.02 7.90 8.49 8.59 Spot Prices 6.58 6.96 6.54 2020 60.4 2.27 13,773 41 In Php/KWh 20
Slide 25: Awards
Awards EMAP In recognition of his business acumen and management qualities in transformung a private construction firm into one of the Philippines’ biggest and most resilient conglomerates, leadership role in the OMC! group's substantial contributions to national development. among others. CONSOLIDA
Slide 26: Awards
Awards DMCI Holdings, SMPC among outstanding companies in Asia Diversified engineering conglomerate DMCI Holdings (PSE: DMC) and its integrated energy subsidiary Semirara Mining and Power Corporation (PSE: SCC) were among the listed companies recognized in the Asiamoney 2022 Asia’s Outstanding Compa
Slide 27: Awards
Awards CCLEX is Best Building in the World - Infrastructure The Cebu-Cordova Link Expressway (CCLEX), a DMCI project for client Metro Pacific Tollways Corporation, won the 2022 CEMEX Building Award for Best Building in the World for Infrastructure category. 2022 CEMEX Building Award is a competition
Slide 28: ESG Highlights
ESG Highlights Employee Vaccination as of September 30, 2022 35,217 14,081 99.8% of workforce 40% of workforce full dose Booster 28 CONSOLIDATED
Slide 29: ESG Highlights
ESG Highlights Lend A Hand to Save Trees Project Project Duration: July 16, 2022 Sitio San Ysiro, Antipolo Twenty-five (25) DMCI Employees volunteered for the planting of one thousand two hundred fifty (1,250) seedlings composed of coffee, cacao, berries and acacia, and handed out five (5) boxes of
Slide 30: ESG Highlights
ESG Highlights Green Village Project (Partnership with LP4Y) Project Duration: January to September 2022 Calauan, Laguna DMCI provided support to Life Project 4 Youth (LP4Y)’s Green Village in Calauan, Laguna, by preparing the Design Drawings including Architectural, Civil, Structural, Sanitary, Plu
Slide 31: ESG Highlights
ESG Highlights Balik-Eskwela Program 2022 Project Duration: October 6 to 7, 2022 Calapan City, Oriental Mindoro Mobo, Masbate Aborlan, Narra, Puerto Princesa, Palawan DMCI Power Corporation implemented its annual Balik- Eskwela project. For 2022, a total of 1,100 elementary school students were give
Slide 32: ESG Highlights
ESG Highlights Doktor ng Barangay Program / Pedia Health Check-Up Project Project Duration: September to November 2022 Brgy. Tugbo, Mobo, Masbate DMCI Masbate Power Corporation (DMPC implemented its Doktor ng Barangay project to provide basic health services to residents in its host communities in M
Slide 33: ESG Highlights
ESG Highlights Adopt-A-River Project Project Duration: September 14 to 15, 2022 Brgy. Tugbo, Mobo, Masbate In celebration of the National Environment Month, DMPC took part in the implementation of its Adopt-A- River project by engaging local community groups for river clean-up operations. The Adopt-
Slide 34: DMCI Holdings and Subsidiaries Income Statement
DMCI Holdings and Subsidiaries Income Statement in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % Revenues 32,835 26,365 25% 114,301 80,025 43% Cost of Sales (14,497) (15,521) -7% (46,833) (47,886) -2% Operating Expenses (1,739) (1,694) 3% (5,453) (4,774) 14% Government share (Coal) (3,595) (1,520
Slide 35: Parent Balance Sheet
Parent Balance Sheet In Php millions Sep 2022 Dec 2021 % Cash and cash equivalents 2,534 2,616 -3% Receivables 156 903 -83% Investments in subsidiaries and assoc. 15,450 15,450 0% Other assets 64 63 1% Total Assets 18,204 19,032 -4% Accounts payable 35 44 -22% Other liabilities 9 9 10% Total Liabili
Slide 36: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results STANDALONE INCOME STATEMENT in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % Revenues 4,071 4,672 -13% 15,331 16,478 -7% Cost of Sales (3,995) (4,136) -3% (13,399) (14,685) -9% Operating Expenses (114) (110) 4% (353) (402) -12% Total Cash Cost (4,109) (4,245) -3% (13,
Slide 37: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results CONDENSED BALANCE SHEET Total, Total, In Php millions DMCI JV DMCI JV % Sep 2022* Dec 2021* Cash and cash equivalents 716 630 1,345 1,052 923 1,976 -32% Receivables 8,050 2,449 9,512 6,921 2,095 8,341 14% CIE 1,087 1,785 2,872 1,246 1,583 2,828 2% Inventories 1,158 1 1,1
Slide 38: 9M 2022 Revenue Breakdown and Order Book
9M 2022 Revenue Breakdown and Order Book Revenue Breakdown Historical Order Book 9M 2022 9M 2021 Change (in Php mn) (in Php bn) Buildings* 6,052 4,596 32% 68.2 Infrastructure 4,956 5,570 -11% 58.7 Joint Ventures 3,139 4,445 -29% Project Support and others 1,183 1,867 -37% 26.6 49.3 Total 15,331 16,4
Slide 39: Project Completion Status
Project Completion Status As of September 30, 2022 Total Buildings Infrastructure (Php 21.9 bn) (Php 17.1 bn) (Php 4.8 bn) 1% 14% 14% 14% 27% 21% 4% 3% 55% 85% 62% 39 D.M. CONSUNJI, INC.
Slide 40: Ongoing and Prospect Bids and Estimates
Ongoing and Prospect Bids and Estimates Buildings, Data Center, Railways, Bridges, Roads, Piers, Power Plant, Industrial Plant, Water Transmission Lines, Fuel Type of Projects Import Facility, Berthing and Jetty Facilities, LPG Terminal, Water Treatment Plant, Water Reclamation Facilities, Pipelayin
Slide 41: BBB Prospects
BBB Prospects Allied Services for North-South Metro Manila Subway Project South Commuter Railway Project Commuter Railway Contractors (Phase 1) (Phase 3) Source: DOTR • Concrete Products • 37-km from Valenzuela • 64.2-km from • Steel Fabrication Projects Projects to Pasay City Blumentritt to Calamba
Slide 42: Newly-Awarded Project Feature
Newly-Awarded Project Feature METRO MANILA SUBWAY PROJECT – PHASE 1 Contract Package (CP) 102 Location: Quezon City Client: Department of Transportation (DOTr) Project Description: The project includes the construction of a 3-kilometer tunnel, 2 Underground Stations at Quezon Avenue and East Avenue
Slide 43: Newly-Awarded Project Feature
Newly-Awarded Project Feature PIONEER HOUSE BGC Location: 5th Ave. Cor 26th Street, BGC Client: Pioneer Insurance & Surety Corporation Project Description: A 27-storey office building with three basement floors., The project has a total construction floor area (CFA) of 41,873 m2 and includes around
Slide 44: Newly-Awarded Project Feature
Newly-Awarded Project Feature PIPELAYING OF WATERLINE AND SEWERLINE Location: Muntinlupa City Client: Maynilad Water Services, Inc. Project Description: Pipelaying of 1800mm waterline and 450mm sewerline along Amparo and Rizal Streets in Poblacion. The project is 200m from the Poblacion WTP project
Slide 45: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % in Php millions Sep 2022 Dec 2021 % Revenues 5,371 5,851 -8% 17,818 18,862 -6% Cash and cash equivalents 4,557 4,472 2% Cost of Sales (3,622) (4,222) -14% (12,152) (13
Slide 46: 9M 2022 Operational highlights and 2022 Projects Update
9M 2022 Operational highlights and 2022 Projects Update Key Metrics 9M 2022 9M 2021 Change Ongoing 6,151 3,970 No. of No. of Sales and reservations (units) 55% Sales Value % Sold 3,434 2,258 52% Projects Units Residential units Parking slots 2,717 1,712 59% 6.82 6.19 10% 20 29,937 170.9 bn 78% Ave.
Slide 47: Q3 2022 Financial Results
Q3 2022 Financial Results STANDALONE INCOME STATEMENT Q3 2022 Q3 2021 In Php millions COAL SCPC SLPGC Others Combined COAL SCPC SLPGC Others Combined % Revenues 16,582 3,931 2,119 67 22,699 10,877 2,481 1,742 56 15,156 50% COS (4,465) (1,137) (1,418) (53) (7,073) (4,662) (1,693) (952) (51) (7,358) -
Slide 48: 9M 2022 Financial Results
9M 2022 Financial Results STANDALONE INCOME STATEMENT 9M 2022 9M 2021 In Php millions COAL SCPC SLPGC Others Combined COAL SCPC SLPGC Others Combined % Revenues 61,761 9,752 5,871 164 77,548 29,765 5,542 5,537 195 41,039 89% COS (14,241) (3,532) (3,363) (146) (21,282) (13,162) (3,119) (2,624) (186)
Slide 49: 9M 2022 Financial Results
9M 2022 Financial Results CONSOLIDATED INCOME STATEMENT 9M 2022 9M 2021 In Php millions COAL SCPC SLPGC Others Conso COAL SCPC SLPGC Others Conso % Revenues 57,380 9,752 5,871 164 73,167 26,759 5,542 5,537 195 38,033 92% COS (13,116) (1,557) (2,278) (146) (17,097) (11,844) (1,818) (2,524) (186) (16,
Slide 50: Q3 2022 Financial Results
Q3 2022 Financial Results CONSOLIDATED INCOME STATEMENT Q3 2022 Q3 2021 In Php millions COAL SCPC SLPGC Others Conso COAL SCPC SLPGC Others Conso % Revenues 15,042 3,931 2,119 67 21,159 9,720 2,481 1,741 56 13,998 51% COS (4,008) (437) (886) (53) (5,384) (4,124) (989) (934) (51) (6,098) -12% OPEX (1
Slide 51: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results CONSOLIDATED BALANCE SHEET In Php millions SMPC SCPC SLPGC Others Sep 2022 SMPC SCPC SLPGC Others Dec 2021 % Cash and cash equivalents 28,276 1,975 2,718 177 33,146 4,610 1,745 1,684 174 8,213 304% Receivables 5,383 2,494 859 38 8,774 4,307 1,748 853 29 6,937 26% Invento
Slide 52: 9M 2022 Operational Highlights
9M 2022 Operational Highlights Key Metrics 9M 2022 9M 2021 Change Key Metrics 9M 2022 9M 2021 Change Strip Ratio Total 62% 59% 5% Plant Availability Aggregate* 8.3 11.1 -25% SCPC 48% 41% 17% (in %) 8.3 11.1 -25% SLPGC 77% 76% 1% Effective** Production (in MMT) 13.7 10.8 27% Total 695 786 -12% Averag
Slide 53: Coal Segment Updates
Coal Segment Updates 2022 Targets (in MMT) Water Seepage Updates (in m3/hr) Production 6,846 2022 Beg. Inventory: 1.2 MMT 14.5 to 15 9M 2022 End. Inventory: 2.7 MMT 2,847 3,000 94% achieved Strip Ratio: 10.79 932 648 Sales Domestic: 51% Dec 2020 Mar 2021 Jun Sep Dec Mar 2022 Jun Sep 15.0 Exports: 49
Slide 54: Power Segment Updates
Power Segment Updates SCPC Unit 2 Planned Outages* *proposed Target Commercial Synchronized to grid: Q4 2022: 2023 *proposed operation October 9, 2022 80 days 155 days November 2022 Average commissioning SLPGC Unit 1: SLPGC Unit 2: capacity: SCPC Unit 1: SCPC Unit 1: SCPC Unit 2: 80 days 15 days 60
Slide 55: 2022 Plant Outages Summary
2022 Plant Outages Summary Unit 1 Unit 2 Planned Unplanned Planned Unplanned • October 1 (ongoing) § April 9 to 20 § n/a § Nov 18, 2021 to October 9, 2022 Unit 1 Unit 2 Planned Unplanned Planned Unplanned § September 1 to 30 § January 23 to 31 § December 30, 2021 to § April 13 to 18 § June 17 to 28
Slide 56: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % in Php millions Sep 2022 Dec 2021 % Revenues 2,133 1,392 53% 5,489 3,415 61% Cost of Sales (1,777) (1,097) 62% (4,532) (2,619) 73% Cash and cash equivalents 218 227 -4
Slide 57: 9M 2022 Operating Highlights
9M 2022 Operating Highlights Key Metrics 9M 2022 9M 2021 Change Gross Generation (GWh) 336.0 294.2 14% Masbate 124.5 112.9 10% Palawan 80.6 57.2 41% Oriental Mindoro 131.0 124.1 6% Energy Sales (GWh) 319.8 279.0 15% Masbate 111.3 100.0 11% Palawan 131.0 124.0 6% Oriental Mindoro 77.5 55.0 41% Overal
Slide 58: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % in Php millions Sep 2022 Dec 2021 % Revenues 240 338 -29% 2,877 2,998 -4% Cash and cash equivalents 1,354 800 69% Cost of Sales (75) (98) -23% (512) (592) -14% Operati
Slide 59: 9M 2022 Operating Highlights
9M 2022 Operating Highlights Selling Prices, Nickel Grade and Forex Key Metrics 9M 2022 9M 2021 Change Production (in WMT ‘000) 716 1,420 -50% 60 1.80% BNC - 745 -100% 1.70% 1.60% ZDMC 716 675 6% 50 1.46% 50 Shipment (in WMT ‘000) 1,092 1,450 -25% 1.36% 1.40% BNC 361 821 -56% 1.33% 1.33% ZDMC 731 62
Slide 60: Q3/9M 2022 Financial Results
Q3/9M 2022 Financial Results STANDALONE INCOME STATEMENT CONDENSED BALANCE SHEET in Php millions Q3 2022 Q3 2021 % 9M 2022 9M 2021 % in Php millions Sep 2022 Dec 2021 % Revenues 5,923 5,442 9% 17,128 16,618 3% Cash and cash equivalents 2,850 7,966 -64% Cost of Sales (1,204) (928) 30% (3,373) (3,002)
Slide 61: 9M 2022 Operating Highlights
9M 2022 Operating Highlights Population Served & Availability Key Metrics 9M 2022 9M 2021 Change 10 97.5 120.0 Production (in MCM) 563.4 571.6 -1% 97.6 58.8 98.0 78.6 100.0 9.8 80.0 Billed Volume (in MCM) 393.7 390.7 1% 9.6 60.0 9.9 9.8 40.0 Customer Mix 9.4 9.5 9.7 9.5 20.0 Domestic 83.0% 84.0% -1%
Slide 62: Investor Relations Office and Disclaimer
Investor Relations Office DISCLAIMER 3rd Floor Dacon Building Neither DMCI Holdings, Inc. (DMCI), nor its advisors make any 2281 Don Chino Roces Avenue representation regarding, and assumes no responsibility or liability Makati City, Philippines for, the accuracy or completeness of, or any errors or