Mercedes-benz Group Ag · XETR:MBG
Mercedes-benz — Daimler Financial Services — Investor Day (February 2017)
17 slides from Mercedes-benz's investor day presentation, Feb 14, 2017
Slide 1: Daimler Financial Services Capital Market Day 2017
Daimler Financial Services Capital Market Day 2017 London – February 14, 2017 Daimler AG Daimler Financial Services Capital Market Day 2017 1
Slide 2: Capital Market Day
CAPITAL MARKET DAY Stephan Unger Member of the Board of Management, Daimler Financial Services Daimler AG Daimler Financial Services Capital Market Day 2017 2
Slide 3: Our Performance, Our Risk Management, Our Way Forward
01 02 Our Performance Our Risk Management 03 Our Way Forward Strong track record of With our Governance, our We are extending our profitable growth balanced funding strategy customer base with expected to continue in and active portfolio steering innovative solutions as a the future we are continuin
Slide 4: Performance 2016: Another record year for Daimler Financial Services
Performance 2016: Another record year for Daimler Financial Services! 47.7% Penetration Rate Excellent cooperation with our brand partners High efficiency 0.93% Operating Ratio 133bn € Portfolio Portfolio growth in all regions along with growing sales Excellent risk management 0.31% Net Credit Losse
Slide 5: Our portfolio is growing considerably year over year
Our portfolio is growing considerably year over year 15.9% CAGR Wholesale 133 117 Loan 99 Lease 84 80 72 63 64 62 Others 58 58 Portfolio Trucks (in bn €) 48 38 41 Buses 34 29 29 Vans Acquisitions 25 (in bn €) Passengers Cars 2008 2009 2010 2011 2012 2013 2014 2015 2016 Daimler Financial Services AG
Slide 6: We operate in over 40 Countries with growth in all regions
We operate in over 40 Countries with growth in all regions Europe China CAGR CAGR 42% 15% 361 9 Americas 2,175 53 CAGR 12% 1,306 54 Africa & Units (k) Euro (bn) Asia Pacific Units (k) Euro (bn) CAGR 21% 463 16 Units (k) Euro (bn) Units (k) Euro (bn) All figures Actuals 2016 Passenger Cars Trucks Bus
Slide 7: Over the last years we have substantially increased our efficiency
1.48 OVER THE LAST YEARS WE HAVE SUBSTANTIALLY 1.36 INCREASED OUR 1.34 EFFICIENCY 1.28 1.28 1.26 1.14 Operating Ratio [%] 0.98 1.0 0.94 0.93 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Daimler Financial Services AG Daimler AG Daimler Financial Services Capital Market Day 2017 07
Slide 8: Our Portfolio performs on an excellent level
Our Portfolio performs on an excellent level 1.03% 0.97% Credit 0.91% Reserves 0.31% Net Credit 0.31% Losses 0.24% 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Daimler Financial Services AG Daimler AG Daimler Financial Services Capital Market Day 2017 08
Slide 9: DFS applies a comprehensive risk governance covering the full range of our business
DFS applies a comprehensive risk governance covering the full range of our business Policies & Guidelines RISK TYPES Business Strategy Risk & Planning Provisioning Credit Risk Interest/ Liquidity Risk Residual Value Risk Operational Risk Political/Legal Risks GOVERNANCE Hard Currency Risk Rating / C
Slide 10: We mitigate risk and volatility through a balanced mix of funding instruments
We mitigate risk and volatility through a balanced mix of funding instruments and clear principles Strengthen our global footprint Capital Markets and use market opportunities Deepen our excellent Bank Loans bank relationships Bank loans Bank loans Globally expand our highly ABS competitive ABS issu
Slide 11: We utilize less than 60% of our risk bearing capacity
We utilize less than 60% of our risk bearing capacity 7.4% 7.2% 8.0% 7.4% Equity Ratio 10.448 Equity (in bn €) 9.872 7.616 t/o Risk Buffer EQUITY RATIO IN LINE 6.596 WITH REGULATORY REQUIREMENTS AND WELL ABOVE RISK t/o PROFILE. CONSERVATIVE Economic Capital RISK STRATEGY AND HIGH ACQUISITION QUALITY
Slide 12: Our acquisition quality is very favorable and the share of excellent acquisitions has increased
Our acquisition quality is very favorable and the share of excellent acquisitions has constantly increased over time Quality of Acquisitions* by category Q-cat 4 Q-Cat 3 WE SYSTEMATICALLY INCREASE THE Q-cat 2 CREDIT QUALITY High share of excellent & OF OUR ACQUISITIONS very good acquisition FOCUSING
Slide 13: With Full Speed into DIGITAL – Expanding our Customer Base
With Full Speed into DIGITAL – Expanding our Customer Base and Creating a Unique Customer Experience CAR2GO PILOT MOOVEL INVESTMENT INVESTMENT INVESTMENT MYTAXI MYTAXI MERGE LAUNCH OF START OF IN ULM APP INTO MYTAXI INTO FLIXBUS INTO BLACKLANE ACQUISITION WITH HAILO AUTOGRAVITY MERCEDES PAY Mercedes
Slide 14: Auto Finance is undergoing rapid digital transformation
Auto Finance is undergoing rapid digital transformation - Our first FinTech is live and operative since 2016 WITH AUTOGRAVITY WE HARNESS THE POWER OF THE SMARTPHONE TO PROVIDE A FULLY DIGITAL AND SEAMLESS CUSTOMER EXPERIENCE WITH AUTOGRAVITY WE EXPAND OUR CUSTOMER BASE BY INTEGRATING MULTIPLE LENDER
Slide 15: With Mercedes Pay we enable our customers to purchase all our services via smartphone
With Mercedes Pay we enable our customers to purchase all our services via smartphone FULL MOBILE ONE PAYMENT EXPERIENCE eWALLET in-app Maximize customer value on-board Minimize payment risk at the gas pump Optimize customer analytics Daimler Financial Services AG Daimler AG Daimler Financial Servic
Slide 16: We continue to fuel our excellent performance today and tomorrow
WE CONTINUE TO FUEL OUR EXCELLENT PERFORMANCE TODAY AND TOMORROW offer mobility at engage customer your fingertips for life successfully create value manage growth for our shareholder Daimler AG Daimler Financial Services Capital Market Day 2017 16
Slide 17: Disclaimer
Disclaimer The figures in this document are preliminary and have neither been approved yet by the Supervisory Board nor audited by the external auditor. This document contains forward-looking statements that reflect our current views about future events. The words “anticipate,” “assume,” “believe,”
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