San Miguel Corporation · PSE:SMC
San Miguel — H1 2021 Earnings Presentation
19 slides from San Miguel's earnings presentation, Aug 5, 2021
Slide 1: SEC Form 17-C Current Report
C05397-2021 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Aug 5, 2021 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: Petron Corporation PSE Disclosure Form 4-30
PCOR SERIES C BONDS DUE 2024 (IN MIL 13,200 PESO) PCOR SERIES D BONDS DUE 2025 (IN MIL 6,800 PESO) TOTAL DEBT AS OF JUNE 30, 2021 (IN MIL 186,644 PESO-CONSO) 11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts a
Slide 3: Filed on behalf by
Filed on behalf by: Name Jhoanna Jasmine Javier-Elacio Designation Legal Manager and Assistant Corporate Secretary
Slide 4: Letter to Philippine Stock Exchange
August 5, 2021 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 5th Avenue corner 28th Street Bonifacio Global City, Taguig City Attention: Ms.Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 29th Floor, BDO Equitable Tower 8751 Paseo de
Slide 5: Analysts' Briefing 2021 First Semester Results
ANALYSTS’ BRIEFING 2021 FIRST SEMESTER RESULTS August 05, 2021
Slide 6: San Miguel Corporation
SAN MIGUEL CORPORATION FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 410,124 352,796 16% Income from Operations 61,016 14,928 309% Net Income 29,570 (3,988) 841% EBITDA 80,660 42,186 91% 2
Slide 7: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 146,791 122,815 20% Income from Operations 23,042 11,363 103% Net Income 17,363 7,338 137% 3
Slide 8: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 54,332 42,793 27% Income from Operations 12,077 7,359 64% Net Income 9,507 5,023 89% 4
Slide 9: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 20,228 14,843 36% Income from Operations 2,614 1,807 45% Net Income 2,087 1,257 66% 5
Slide 10: San Miguel Foods
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 72,236 65,180 11% Income from Operations 8,359 2,246 272% Net Income 6,178 1,338 362% 6
Slide 11: San Miguel Foods New Products
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) ‘The SMC Hub’ New Products Purefoods Ready-to-Eat Seafood Line Plant-based Magnolia Ready-to-Cook chicken products 7
Slide 12: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 14,617 14,512 1% Income from Operations 614 318 93% 8
Slide 13: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 60,279 57,177 5% Income from Operations 17,158 18,120 -5% Net Income 12,219 9,063 35% 9
Slide 14: Petron Corporation
PETRON CORPORATION FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 174,131 152,357 14% Income from Operations 8,948 (14,543) 162% Net Income 3,873 (14,236) 127% 10
Slide 15: SMC Infrastructure
SMC INFRASTRUCTURE FIRST SEMESTER 2021 IN MILLION FIRST SEMESTER 2021 PESOS 1H2021 1H2020 CHANGE Net Sales 8,485 6,675 27% Income from Operations 2,319 951 144% 11
Slide 16: Latest Developments
SAN MIGUEL CORPORATION FIRST SEMESTER 2021 L AT E S T D E V E L O P M E N T S - SMC successfully issued and listed in PDEx its Series I fixed-rate bonds amounting to Php30 billion, with an interest rate of 3.3832% per annum due 2027 - SMC Global Power issued and listed in the SGX last June 09, 2021
Slide 17: SMC Financial Position
SMC FINANCIAL POSITION FIRST SEMESTER 2021 As of June As of December IN BILLION PESOS 2021 2020 Total Assets 1,953 1,912 Cash 347 347 Interest –bearing Debt 912 908 3.47x 1.92x 2.44x 1.60x 1.39x 1.78x 1.50x 1.30x 0.71x 0.69x Current Ratio Total Liabilities to Interest-bearing Debt EBITDA-to-Total Ne
Slide 18: San Miguel Corporation First Semester 2021
SAN MIGUEL CORPORATION FIRST SEMESTER 2021 14
Slide 19: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.smfb.com.ph Petron Corporation - www.petron.com SMC Global Power Holdings Corp