Saga Falabella Sa · BVL:SAGAC1

Saga Falabella Sa — Falabella Peru — Investor Presentation (September 2017)

22 slides from Saga Falabella Sa's investor presentation, September 2017

  1. Slide 1: Falabella Peru Corporate Presentation

    Falabella Peru Corporate Presentation September 2 0 1 7

  2. Slide 2: Contents

    CONTENTS FALABELLA GROUP FALABELLA PERU:  GENERAL INFORMATION  BUSINESS UNITS OVERVIEW  CONSOLIDATED FINANCIALS

  3. Slide 3: Falabella Group

    —- Jelabella, Dormitorio Muebles SELECCIONE UNA opciéy PARA avanzpp

  4. Slide 4: Presence in 7 Countries in Latin America

    Presence In 7 Countries In Latin America DEPARTMENT HOME FINANCIAL SUPERMARKETS REAL ESTATE STORES IMPROVEMENT SERVICES US$ 4.2 billion US$ 5.6 billion US$ 2.1 billion US$ 6.9 billion 2.0 million GLA1 Revenues Revenues Revenues Loan Book 19/21 5 million CMR Malls/power centers accounts 44 Stores 85

  5. Slide 5: Key Figures

    Key Figures Main Figures TOTAL LOAN CMR SHOPPING STORES REVENUES (LTM) BOOK ACCOUNTS CENTERS 479 40 US$ 13.2 billion US$ 6.9 billion + 4,950,000 2,868,000 m2 2,011,000 m2 sales area GLA Mix by Country (LTM) Total Employees: BRAZIL ARGENTINA COLOMBIA ARGENTINA 2% URUGUAY 15,700 6% 3% 3,200 4% <1% 6%

  6. Slide 6: Investment Plan 2017-2020

    Invesment Plan 2017 - 2020 Investment Plan 2017-2020 As of January 2017 114 stores Remodeling and expansion of existing New stores & stores & malls malls 42% US$ 4.0 bn 27% 9 malls Investment over the next 4 years IT, logistics & others 31% Investment (US$ million) Store and Mall Openings 2 2 3 2 1,

  7. Slide 7: Falabella Peru: General Information

    FALABELLA PERU: GENERAL INFORMATION

  8. Slide 8: Solid Country Macroeconomic Outlook

    Solid Country Macroeconomic Outlook Average Real GPD Growth (‘17E-’21E) Average Inflation Rate (’17E-’21E) 4.2% 12.4% 3.2% 3.2% 2.5% 2.3% 2.1% 4.5% 3.7% 3.4% 3.1% 2.6% Source: Latin Focus Concesus Forecast January 2017 Source: Latin Focus Concesus Forecast January 2017 Formal and Informal Retail Pen

  9. Slide 9: Falabella Peru 2Q17

    Falabella Peru 2Q17 Falabella Peru — GLA: 316,000 m2 1.01 MM CMR Tarjetas con saldo — GLA: 201,000 m2 Other Businesses: Corporate Revenues (US$ Millions) Corporate EBITDA (US$ Millions) 3,046 3,174 3,246 354 2,957 2,654 2,757 337 335 335 326 309 2012 2013 2014 2015 2016 LTM 2Q17 2012 2013 2014 2015

  10. Slide 10: Evolution of Falabella Peru

    Evolution of Falabella Peru 1995 2Q17 Tumbes Tumbes Amazonas Amazonas Piura Loreto Piura Loreto Lambayeque Lambayeque Cajamarca Cajamarca San Martín San Martín La Libertad La Libertad Áncash Áncash Huánuco Huánuco Ucayali Ucayali Pasco Pasco Lima y Callao Madre de Dios Lima y Callao Madre de Dios Ju

  11. Slide 11: Samples of Openings / Acquisitions

    Samples of Openings / Acquisitions Maestro Home Center - Acquisition Saga Falabella – Centro Cívico Hiperbodega Precio Uno Open Plaza - Huancayo 12

  12. Slide 12: Falabella Peru: Business Units Overview

    FALABELLA PERU: BUSINESS UNITS OVERVIEW 16

  13. Slide 13: Department Stores

    Department Stores Business Overview Highlights • Over 50 years of strong performance with world-class • Industry leader by market share** >50% operating techniques. • Strong brand recognition across the country, with 29 stores* • Number of workers, # 8 GPTW 2016 8.2 M (13 out of Lima). • #1 in Avera

  14. Slide 14: Supermarkets

    Supermarkets Business Overview Highlights • Started operating in 2002 as part of Saga until it was spun off in • Market share* as of 2Q17** 28% June 2004. HT is dedicated to grocery retailing, consumer goods, household appliances, among others. • Number of workers, #13 GPTW 2016 10.2 M • 61 stores s

  15. Slide 15: Home Improvement

    Home Improvement Business Overview Highlights • Items for construction, repair, equipment and decoration of • Industry leader by market share of homes. formal market • 56 stores strategically located across the country (27 out of Lima)* • Number of workers*, 2016 GPTW • 26 Sodimac stores (14 out of

  16. Slide 16: Real Estate

    Real State Business Overview Locations • Open Plaza and Mall Plaza are dedicated to the development and management of malls, with at least a couple of stores from the retail businesses. • There are two types of formats of Open Plaza: Piura Chiclayo • 07 Power Centers Trujillo • 06 Shopping Malls Puc

  17. Slide 17: Financial Services

    Financial Services Business Overview Highlights • Banco Falabella arises from the transformation of Financiera • % of total sales paid with CMR for SF, HT, CMR into a commercial bank. 37.3% SD as of 2Q17 • CMR cards are its main product; however, the bank is fostering new products and expanding card

  18. Slide 18: Falabella Peru: Consolidated Financials

    FALABELLA PERU: CONSOLIDATED FINANCIALS 22

  19. Slide 19: Consolidated Statements: Income Statement

    Consolidated Statements Income Statement USD Million 2Q17 % Rev. 2Q16 % Rev. Var.% Revenues 1,612 100% 1,540 100% 5% COGS ( 1,107) -69% ( 1,059) -69% 4% Gross Profit 505 31% 481 31% 5% SG&A ( 338) -21% ( 333) -22% 1% Operational Income 167 10% 148 10% 13% Depreciation + Amortization 55 3% 49 3% 11%

  20. Slide 20: Consolidated Statements: Balance Sheet

    Consolidated Statements Balance Sheet USD Million 2Q17 2016 USD Million 2Q17 2016 Cash & Cash Equivalents 260 303 Accounts Payable 359 368 Loans 757 709 Others Financial Liabilities 951 985 Accounts Receivable 72 58 Others 66 66 Inventories 510 509 Others 221 136 Total Current Assets 1,820 1,716 Tot

  21. Slide 21: Financial Situation

    Financial Situation Leverage (times) Debt By Type1 Debt By Maturity1 w/ Banking Operations w/o Banking Operations w/o Banking Operations 26% 26% 1.69x 1.50x 1.43x 74% 74% Financial Institutions Public Bonds Short Term Long Term Jun-16 dic-16 Jun-17 Financial Debt w/o Banks1: Duration1: US$ 1,048 MM

  22. Slide 22: Falabella Peru

    Falabella Peru Corporate Presentation September 2 0 1 7

Falabella Peru — Investor Presentation (September 2017) on 6ix