Ros Agro — FY2014 Earnings Presentation
26 slides from Ros Agro's earnings presentation, Apr 9, 2015
Slide 1: ROS AGRO PLC Presentation for Investors 12M 2014 and Q4 2014
ROS AGRO PLC Presentation for Investors 12M 2014 and Q4 2014 09 April 2015
Slide 2: Table of contents
Table of contents 1. ROS AGRO PLC – summary key indicators 12М 2014 and Q4 2014(IFRS) 2. Business Overview by divisions (IFRS) 3. Additional information 2
Slide 3: Summary Key indicators (IFRS)
Summary Key indicators (IFRS) 12M 2014 vs. 12M 2013 Q4 2014 vs. Q4 2013 3
Slide 4: Summary key indicators (IFRS) 12M 2014
Summary key indicators (IFRS) Net revenue, Adjusted EBITDA (Actual 12М 2014 vs Actual 12М 2013) Comments Net revenue (IFRS) Actual 12M 2014 vs. Actual 12M 2013 Net Revenue increased by RR 22,622 million (+22%) due to: 65,000 6,001 (1,389) 59,112 60,000 • Sugar sales increased by RR 5,501 million (+3
Slide 5: Summary key indicators (IFRS) Q4 2014
Summary key indicators (IFRS) Net revenue, Adjusted EBITDA (Actual Q4 2014 vs Actual Q4 2013) Comments Net revenue (IFRS) Actual 4Q 2014 vs. Actual 4Q 2013 Net Revenue increased by RR 4,356 million (+33%) due to: 19,000 1,541 (185) 17,726 • Sugar sales increased by RR 819 million (+16%) due to an in
Slide 6: Debt profile (as of 31 December 2014)
Summary key indicators (IFRS) Debt profile (as of 31 December 2014) Comments • Gross debt decreased by RR 10,207 million (-31%) to RR 22,306 million. Debt position and liquidity management • Net debt decreased by RR 10,960 million (-75%). 31 December 31 December Variance • In 12М 2014 Company contin
Slide 7: Cash Flows 12M 2014 vs 12M 2013
Summary Key indicators (IFRS) Cash Flows (Actual 12М 2014 vs Actual 12М 2013) Comments In 12М 2014 cash and cash equivalents increased by RR 7,644 Cash Flows according to Management view (Not IFRS presentation)* million from RR 2,673 million to RR 10,316 million. m ln. rur Main variances between 12М
Slide 8: Business Overview by division (IFRS)
Business Overview by division (IFRS) 12М 2014 vs. 12М 2013 Q4 2014 vs. Q4 2013 8
Slide 9: Sugar: Key indicators 12M 2014
Sugar Key indicators Actual 12М 2014 vs Actual 12М 2013 (IFRS) Comments Sugar: sales, Adjusted EBITDA and Adjusted EBITDA Sales (RR +5,501 million, +32%): 25,000 25% margin 21% The increase in sales is caused by growth of sales volume from 653 ths tn up to 22,464 752 ths tn (+15%) and 15% increase i
Slide 10: Sugar: Key indicators Q4 2014
Sugar Key indicators Actual Q4 2014 vs Actual Q4 2013 (IFRS) Comments Sugar: sales, Adjusted EBITDA and Adjusted EBITDA Sales (RR +819 million, +16%): 7,000 margin 40% • a decrease in sales volumes of sugar by 20 ths tn (-11%); • 27% increase in sales price from 25.1 ths rur/tn up to 31.8 ths rur/tn
Slide 11: Meat: Key indicators 12M 2014
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Meat Key indicators Actual 12М 2014 vs Actual 12М 2013 (IFRS) Comments Sales (RR +10,3
Slide 12: Meat: Key indicators Q4 2014
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Meat Key indicators Actual Q4 2014 vs. Actual Q4 2013 (IFRS) Comments Sales (RR +2,094
Slide 13: Agriculture: Key indicators 12M 2014
Agriculture Key indicators Actual 12М 2014 vs Actual 12М 2013 (IFRS) Comments Agriculture: sales, Adjusted EBITDA and Adjusted Sales (RR +2,181 million, +26%): EBITDA margin 12,000 45% The major positive factors are: 41% 10,710 • a significant increase in sales volumes of barley (+103%), peas (+79%)
Slide 14: Agriculture: Key indicators Q4 2014
Agriculture Key indicators Actual Q4 2014 vs Actual Q4 2013 (IFRS) Comments Agriculture: sales, Adjusted EBITDA and Adjusted Sales (RR +1,541 million, +28%): EBITDA margin 8,000 46% 50% The major positive factors are: 7,107 • a significant increase in sales volumes of barley (+143%), peas (+60%) and
Slide 15: Oil & Fats: Key indicators 12M 2014
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Oil & Fats Key indicators Actual 12М 2014 vs Actual 12М 2013 (IFRS) Comments Sales (RR
Slide 16: Oil & Fats: Key indicators Q4 2014
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Oil & Fats Key indicators Actual Q4 2014 vs Actual Q4 2013 (IFRS) Comments Sales (RR -
Slide 17: Additional information
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Additional information 17
Slide 18: Statement of Comprehensive income (IFRS)
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of Comprehensive income (IFRS) ROS AGRO PLC Statement of Comprehensive incom
Slide 19: Adjusted EBITDA 12M 2014 (IFRS)
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Adjusted EBITDA 12М 2014 (IFRS) ROS AGRO PLC Breakdown by divisions RR m illion 12M 20
Slide 20: Adjusted EBITDA 12M 2013 (IFRS)
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Adjusted EBITDA 12М 2013 (IFRS) ROS AGRO PLC Breakdown by divisions RR m illion 12M 20
Slide 21: Statement of cash flows (IFRS)
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows (IFRS) ROS AGRO PLC m ln. rur Actual Actual V ar iance s 12M 2
Slide 22: Statement of cash flows (IFRS) - continuance
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows (IFRS) - continuance ROS AGRO PLC m ln. rur Actual Actual V ar
Slide 23: Statement of cash flows according to Management view
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows according to Management view (Not IFRS presentation) ROS AGRO
Slide 24: Statement of cash flows according to Management view - continuance
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of cash flows according to Management view (Not IFRS presentation) - continu
Slide 25: Statement of financial positions (IFRS)
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of financial positions (IFRS) ROS AGRO PLC Statem e nt of financial position
Slide 26: Statement of financial positions (IFRS) - continuance
"NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA, THE RUSSIAN FEDERATION OR THE UNITED STATES." Statement of financial positions (IFRS) - continuance ROS AGRO PLC RR m illion V arian