Slide 1: SEC Form 17-C Current Report
C01729-2018 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) Mar 15, 2018 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 - Material Information/Transactions
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
March 15, 2018 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 28th Street corner 5th Avenue Bonifacio Global City Taguig City Attention: Mr. Jose Valeriano B. Zuño III OIC, Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise
Slide 4: Investors' Briefing 2017 Total Year Results
SAN MIGUEL CORPORATION INVESTORS’ BRIEFING 2017 TOTAL YEAR RESULTS 15 March 2018 SAN MIGUEL 2d San Miguel BREWERY INC. inl PETRON Foods
Slide 5: Recent Developments
SAN MIGUEL CORPORATION Recent Developments • SMC Global Power acquisition of the Masinloc Power plant • SMC Global Power issuance of P20 billion Fixed Rate Peso Bonds • Petron issuance of US$500 million Senior Perpetual Capital Securities • SMC issuance of P20 billion Fixed Rate Peso Bonds investors
Slide 6: San Miguel Corporation
SAN MIGUEL CORPORATION FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 826,086 685,314 21% Income from Operations 111,042 99,654 11% Income from continuing 54,814 40,422 36% operations Recurring Net Income* 54,654 49,350 11% EBITDA 147,342 130,875 13% * Excluding one-off gain and forex tr
Slide 7: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 113,255 97,160 17% Income from Operations 31,161 27,188 15% Net Income 20,711 17,658 17% investors’ briefing 2017 total year results 4
Slide 8: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 20,892 18,572 12% Income from Operations 1,397 978 43% Net Income 602 361 67% investors’ briefing 2017 total year results 5
Slide 9: San Miguel Pure Foods Company Inc.
SAN MIGUEL PURE FOODS COMPANY INC. FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 117,449 111,586 5% Income from Operations 9,926 8,931 11% Net Income 6,906 5,976 16% investors’ briefing 2017 total year results 6
Slide 10: Pure Foods Full-Year 2017: Agro-Industrial
SAN MIGUEL PURE FOODS COMPANY INC. FULL-YEAR 2017 Agro-Industrial IN MILLION PESOS REVENUE +6% 80,803 76,494 2016 2017 investors’ briefing 2017 total year results 7
Slide 11: Pure Foods Full-Year 2017: Milling
SAN MIGUEL PURE FOODS COMPANY INC. FULL-YEAR 2017 Milling IN MILLION PESOS REVENUE -3% 9,794 9,506 2016 2017 investors’ briefing 2017 total year results 8
Slide 12: Pure Foods Full-Year 2017: Branded Value-Added
SAN MIGUEL PURE FOODS COMPANY INC. FULL-YEAR 2017 Branded Value-Added IN MILLION PESOS REVENUE +6% 29,405 27,634 2016 2017 investors’ briefing 2017 total year results 9
Slide 13: New product launches
SAN MIGUEL PURE FOODS COMPANY INC. New product launches investors’ briefing 2017 total year results 10
Slide 14: Expansion plans
SAN MIGUEL PURE FOODS COMPANY INC. Expansion plans investors’ briefing 2017 total year results 11
Slide 15: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 32,099 27,386 17% Income from Operations 2,994 2,584 16% investors’ briefing 2017 total year results 12
Slide 16: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 82,791 77,972 6% Income from Operations 24,276 26,730 -9% Income from Operations 24,276 23,464 3% excluding Limay Co-gen* * Limay Co-gen was sold to Petron in 2016 investors’ briefing 2017 total year results 1
Slide 17: Petron Corp.
PETRON CORP. FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 434,624 343,840 26% Income from Operations 27,638 23,797 16% Net Income 14,087 10,822 30% Volume (in thousand barrels) 107,760 105,702 2% investors’ briefing 2017 total year results 14
Slide 18: Full-Year 2017
FULL-YEAR 2017 IN MILLION PESOS 2017 2016 CHANGE Net Sales 22,497 19,866 13% Income from Operations 10,440 9,849 6% investors’ briefing 2017 total year results 15
Slide 19: SMC Financial Position
SMC FINANCIAL POSITION IN BILLION PESOS 2017 2016 Total Assets 1,380 1,307 Cash 206 203 Interest –bearing Debt 549 518 Current Ratio 1.40x 1.26x Total Liabilities to Equity Ratio 1.93x 1.99x Interest-bearing Debt to Equity Ratio 1.17x 1.19x Net-Debt-to-EBITDA 1.83x 1.91x investors’ briefing 2017 tot
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 SMC Global Power Holdin