San Miguel Food & Beverage, Inc. · PSE:FB
San Miguel Food & Beverage — San Miguel Pure Foods Company — Q1 2015 Earnings Presentation
20 slides from San Miguel Food & Beverage's earnings presentation, May 14, 2015
Slide 1: SEC Form 17-C Current Report
Page 1 of 2 C02608-2015 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) May 14, 2015 2. SEC Identification Number 11840 3. BIR Tax Identification No.
Slide 2: PSE Disclosure Form 4-30 - Material Information/Transactions
Page 2 of 2 San Miguel Pure Foods Company, Inc. PF PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules Subject of the Disclosure Investors' Briefing Materials of the SMC Group, including the Com
Slide 3: Cover letter to the Philippine Stock Exchange
San Miguel Pure Foods May 14, 2015 Philippine Stock Exchange, Inc. Disclosure Department Philippine Stock Exchange Plaza Ayala Triangie, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head — Disclosure Department Gentlemen: Attached are the materials for the Investors’ Briefing of the
Slide 4: Investors' Briefing First Quarter 2015 Results
INVESTORS’ BRIEFING FIRST QUARTER 2015 RESULTS 14 May 2015
Slide 5: Series 1 Preferred Shares Re-issuance and Private Placement
SERIES 1 PREFERRED SHARES RE-ISSUANCE AND PRIVATE PLACEMENT OF 279,406,667 SHARES • ISSUE PRICE OF P75 • DIVIDEND RATE OF 5.635%
Slide 6: San Miguel Corporation
SAN MIGUEL CORPORATION FIRST QUARTER 2015 IN BILLION PESOS 2015 2014 CHANGE Net Sales 159.2 194.9 -18% Income from Operations 16.6 15.6 6% Reported Net Income 6.0 6.0 0% EBITDA 22.4 21.6 4%
Slide 7: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 18,883 17,561 8% Income from Operations 5,166 4,678 10% Net Income 3,265 2,730 20% Volume (in million cases) 47.4 46.6 2%
Slide 8: Acquisition of NAB Assets
ACQUISITION OF NAB ASSETS TOTAL PURCHASE PRICE PAID FOR THE NON- ALCOHOLIC BEVERAGE (NAB) ASSETS: P397.89 MILLION (VAT-EX)
Slide 9: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 3,667 3,595 2% Income from Operations 94 44 115% Volume (in million cases) 5.0 5.1 -3%
Slide 10: San Miguel Pure Foods Company Inc.
SAN MIGUEL PURE FOODS COMPANY INC. FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 25,091 24,229 4% Income from Operations 1,468 1,335 10% Net Income 911 851 7%
Slide 11: San Miguel Pure Foods: Revenues by Major Segments
SAN MIGUEL PURE FOODS COMPANY INC. FIRST QUARTER 2015 Revenues- Major Segments AGRO-INDUSTRIAL & BRANDED MILLING VA L U E - A D D E D 4% 11% 19,893 5,408 4,880 19,137 2014 2015 2014 2015
Slide 12: San Miguel Yamamura Packaging Group
SAN MIGUEL YAMAMURA PACKAGING GROUP FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 5,811 5,573 4% Income from Operations 479 439 9%
Slide 13: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 19,757 19,959 -1% Income from Operations 6,834 6,640 3% Offtake Volume (in ‘000 GWh) 3.8 4.1 -7%
Slide 14: Greenfield Power Projects
GREENFIELD POWER PROJECTS M A L I TA 2 X 1 5 0 M W POWER PLANT L I M AY 2 X 1 5 0 M W POWER PLANT
Slide 15: Petron Corporation
PETRON CORPORATION FIRST QUARTER 2015 IN MILLION PESOS 2015 2014 CHANGE Net Sales 86,744 125,174 -31% Income from Operations 2,967 3,423 -13% Net Income 257 2,225 -88% Volume (MBD) 22.9 20.8 10%
Slide 16: Petron Projects
PETRON PROJECTS RMP 2: Ongoing stabilization and optimization at ~150KBD utilization SERVICE STATION EXPANSION AND UPGRADE: PH: approximately 2,200 stations MA: 550 stations rebranded; 20 service stations under construction
Slide 17: San Miguel Holdings Corp. - Infrastructure
SAN MIGUEL HOLDINGS CORP. - INFRASTRUCTURE FIRST QUARTER CONTRIBUTION REVENUES: P2.9 BILLION* AVERAGE DAILY TRAFFIC NO. OF VEHICLES 1Q2015 SLEX 266,769 SKYWAY STAGES 1 AND 2 239,584 STAR TOLLWAYS 39,152 TPLEX 11,671 *Contribution of SLEX and Skyway 1 and 2 is only for the month of March
Slide 18: San Miguel Holdings Corp. - Infrastructure Project Updates
SAN MIGUEL HOLDINGS CORP. - INFRASTRUCTURE PROJECT UPDATES: NAIA EXPRESSWAY 240 of 478 columns completed SKYWAY STAGE 3 Ongoing construction of Sections 1-4 BORACAY AIRPORT Substantial completion of runway extension
Slide 19: SMC Financial Position
SMC FINANCIAL POSITION IN BILLION PESOS Mar 2015 Dec 2014 Total Assets 1,242 1,217 Cash 235 259 Interest-bearing Debt 511 483 Current Ratio 1.47x 1.52x Debt-to-Equity Ratio 2.19x 2.12x Interest-bearing Debt to Equity Ratio 1.31x 1.24x Net-Debt-to-EBITDA 2.54x 2.36x
Slide 20: 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 Contact us: SMC Investor Relation
San Miguel Pure Foods Company — Q1 2015 Earnings Presentation on 6ix