Slide 1: SEC Form 17-C Current Report
C06831-2017 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) Nov 10, 2017 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 Material Information
11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing
Slide 3: Letter to Philippine Stock Exchange
November 10, 2017 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Mr. Jose Valeriano B. Zuño III OIC, Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterpr
Slide 4: Investors' Briefing 2017 September YTD Results
SAN MIGUEL CORPORATION INVESTORS’ BRIEFING 2017 SEPTEMBER YTD RESULTS 10 November 2017 SAN MIGUEL 2d San Miguel BREWERY INC. inl PETRON Foods
Slide 5: SMC Structure (Current and Post Transaction)
SAN MIGUEL CORPORATION SMC STRUCTURE SMC STRUCTURE (Current) (Post Transaction) San Miguel Corporation San Miguel Corporation 95.9% 51.2% 75.8% 85.4% San Miguel Food and Beverage, Inc. San Miguel Ginebra San Miguel (Subject to SMPFC shareholders and SEC Brewery San Miguel Pure Foods approval) Inc. I
Slide 6: San Miguel Corporation September YTD 2017
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 596,998 498,312 20% Income from Operations 82,760 73,237 13% Net Income 41,441 42,953 -4% Recurring Net Income* 43,783 36,259 21% EBITDA 108,786 96,272 13% * Excluding one-off gain and forex translation investors’
Slide 7: San Miguel Brewery Inc. September YTD 2017
SAN MIGUEL BREWERY INC. SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 80,656 69,298 16% Income from Operations 21,408 18,714 14% Net Income 14,394 12,204 18% investors’ briefing 2017 September-YTD results 4
Slide 8: Ginebra San Miguel Inc. September YTD 2017
GINEBRA SAN MIGUEL INC. SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 15,330 13,202 16% Income from Operations 947 654 45% Net Income 437 238 84% investors’ briefing 2017 September-YTD results 5
Slide 9: San Miguel Pure Foods Company Inc. September YTD 2017
SAN MIGUEL PURE FOODS COMPANY INC. SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 84,452 80,582 5% Income from Operations 6,750 5,613 20% Net Income 4,719 3,754 26% investors’ briefing 2017 September-YTD results 6
Slide 10: Pure Foods: Agro-Industrial Revenue
SAN MIGUEL PURE FOODS COMPANY INC. Agro-Industrial IN MILLION PESOS REVENUE +5% 59,335 56,265 3Q2016 3Q2017 investors’ briefing 2017 September-YTD results 7
Slide 11: Pure Foods: Milling Revenue
SAN MIGUEL PURE FOODS COMPANY INC. Milling IN MILLION PESOS REVENUE -3% 7,312 7,082 3Q2016 3Q2017 investors’ briefing 2017 September-YTD results 8
Slide 12: Pure Foods: Branded Value-Added Revenue
SAN MIGUEL PURE FOODS COMPANY INC. Branded Value-Added IN MILLION PESOS REVENUE +5% 19,654 18,670 3Q2016 3Q2017 investors’ briefing 2017 September-YTD results 9
Slide 13: Pure Foods: New Product Launches
SAN MIGUEL PURE FOODS COMPANY INC. New product launches investors’ briefing 2017 September-YTD results 10
Slide 14: San Miguel Packaging Group September YTD 2017
SAN MIGUEL PACKAGING GROUP SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 22,360 19,748 13% Income from Operations 2,162 1,919 13% investors’ briefing 2017 September-YTD results 11
Slide 15: SMC Global Power Holdings Corp. September YTD 2017
SMC GLOBAL POWER HOLDINGS CORP. SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 62,117 60,700 2% Income from Operations 19,668 22,838 -14% investors’ briefing 2017 September-YTD results 12
Slide 16: Greenfield Power Projects
GREENFIELD POWER PROJECTS M A L I T A 2 X 15 0 M W L I M A Y 4 X 15 0 M W POWER PLANT POWER PLANT investors’ briefing 2017 September-YTD results 13
Slide 17: Petron Corp. September YTD 2017
PETRON CORP. SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 313,505 247,770 27% Income from Operations 22,071 16,841 31% Net Income 11,761 7,427 58% Volume (in million barrels) 80,251 79,333 1% investors’ briefing 2017 September-YTD results 14
Slide 18: September YTD 2017 Results
SEPTEMBER-YTD 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 16,520 14,672 13% Income from Operations 8,086 7,441 9% investors’ briefing 2017 September-YTD results 15
Slide 19: Boracay Airport
SEPTEMBER-YTD 2017 BORACAY AIRPORT Terminal Area investors’ briefing 2017 September-YTD results 16
Slide 20: Skyway Stage 3
SEPTEMBER-YTD 2017 SKYWAY STAGE 3 Ongoing works on Section 1 Ongoing works on Section 3 Ongoing works on Section 4 investors’ briefing 2017 September-YTD results 17
Slide 21: Skyway Stage 4
SEPTEMBER-YTD 2017 SKYWAY STAGE 4 investors’ briefing 2017 September-YTD results 18
Slide 22: TPLEX
SEPTEMBER-YTD 2017 TPLEX Completed Lane markings @ Brgy. Baligi Completed Aloragat Bridge Pozzorrubio Interchange Bridge Pozzorrubio Interchange- Steel Column and Trusses investors’ briefing 2017 September-YTD results 19
Slide 23: SLEX TR4
SEPTEMBER-YTD 2017 SLEX TR4 investors’ briefing 2017 September-YTD results 20
Slide 24: MRT-7
SEPTEMBER-YTD 2017 MRT - 7 Excavation works on Quezon City Memorial Circle Clearing and Grubbing along Commonwealth Ave. investors’ briefing 2017 September-YTD results 21
Slide 25: Bulacan Bulk Water
SEPTEMBER-YTD 2017 BULACAN BULK WATER LIFT PUMPING STATION SLUDGE LAGOON PHASE 1 ADMIN BUILDING FLOCCULATION PH. 1 SEDIMENTATION PH. 1 RAPID FILTRATION PH1 POWER HOUSE TREATED WATER RESERVOIR PUMPING STATION Water Treatment Plant Construction investors’ briefing 2017 September-YTD results 22
Slide 26: SMC Financial Position
SMC FINANCIAL POSITION As of As of IN BILLION PESOS September 2017 December 2016 Total Assets 1,350 1,307 Cash 212 203 Interest –bearing Debt 531 518 Current Ratio 1.31x 1.26x Total Liabilities to Equity Ratio 1.93x 1.99x Interest-bearing Debt to Equity Ratio 1.15x 1.19x Net-Debt-to-EBITDA 1.64x 1.9
Slide 27: 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 Pure Foods Co. Inc. - www.sanmiguelpurefoods.com Petron Corporation - www.petron.com SMC Global Power Holdin