Slide 1: Corporate Presentation 2Q 2016
Agenda Page Corporate Presentation 2Q 2016 [CLIENT NAME]
Slide 2: 1. Company Description
1. Company Description Agenda Page [CLIENT NAME]
Slide 3: History
History Merger with KO Polar (incorporation of new territories in Argentina, Coca-Cola System Chile & Paraguay). Andina Andina listed on joint venture (50/50) Andina buys 40% stake becomes the the NYSE. for the water and in Sorocaba Refrescos. Coca-Cola Franchise TCCC acquires juice business in bott
Slide 4: A regional and diversified platform (2Q16)
A regional and diversified platform (2Q16) Volume Revenues EBITDA 8% 8% 13% 26% 30% 34% 28% 27% 19% 35% 34% 37% 169 MM UCs US$556 MM US$84 MM Chile Brazil Territories: Antofagasta, Atacama, Coquimbo, Territories: Rio de Janeiro, Espíritu Santo, part of Metropolitan Region, San Antonio, Cachapoal
Slide 5: Ownership (As of December 31, 2015)
Ownership (As of December 31, 2015) Controlling Group 49.8% 55.7% 43.8% Series A Series B Others 26.0% Coca-Cola 14.7% ADRs 6.5% Chilean Pension Funds 3.1% The Controlling Group is composed of 5 Chilean families with equal parts, that have a shareholders’ agreement which includes TCCC. Series A elec
Slide 6: Superior manufacturing and logistics capabilities
Superior manufacturing and logistics capabilities Argentina Brazil 3 SSD production facilities with a 2 production facilities with a total total of 16 lines of 25 lines Additional 2 production facilities ◦ Average utilization range from for tetra juices and 1 for mineral 59% to 72% water with
Slide 7: 2. Market Description
Agenda 2. Market Description Page [CLIENT NAME]
Slide 8: Market Structure (FY2015)
Market Structure (FY2015) ARGENTINA BRAZIL Product Mix Product Mix Sof Drinks 85% Waters 10% Juices &Others 4% Sof Drinks 81% Waters 2% Juices &Others 11% Beer 6% Format Mix Format Mix Non Returnables 54% Returnables 45% Post Mix 1% Non Returnables 80% Returnables 18% Post Mix 2% Channel Mix Channel
Slide 9: Diversified brand portfolio across segments and geographies
Diversified brand portfolio across segments and geographies (As of December 31, 2015) Argentina Brazil Chile Paraguay SSDs1 Juices and other NCBs1 Water Beer Source: Company filings and public releases 1 SSDs: sparkling soft drinks; NCBs: non-carbonated soft drinks 2 Total includes 0.1mmUC distribut
Slide 10: 3. Financial Highlights
3. Financial Highlights Agenda Page [CLIENT NAME]
Slide 11: Track record of profitability, revenue and EBITDA growth, diversification and strong cash generation
Track record of profitability, revenue and EBITDA growth, diversification and strong cash generation Sales volume (million UCs) Revenues (CLP$ mm) Argentina Brazil Chile Paraguay Argentina Brazil Chile Paraguay 830.6 819.9 1,797,200 1,877,394 748.7 763.0 1,521,681 1,172,293 501.2 982,864 180.8 168.6
Slide 12: Solid Financial Position
Solid Financial Position Increase in Net Financial Debt is mainly explained by: - US$575MM Bond Issue for the Acquistion of Ipiranga (2013)1 - UF5 million Chilean Bond Issued on Sept 2013, UF3 million Chilean Bond Issued on Apr 20142 - Embotelladoras Coca-Cola Polar Merger (2012) Financial Debt (CLP
Slide 13: Solid Financial Position
Solid Financial Position Financial Ratios (I) Financial Ratios (II) Debt/Equity Ratio (1) Net Debt/Equity Ratio (2) Net Financial Debt / EBITDA (12 months) (3) Net Financial Expenses Coverage 44.9 1.0 1.0 50,0 0.9 45,0 0.8 40,0 2.3 35,0 24.6 2.0 30,0 1.7 1.4 25,0 0.3 0.7 0.6 1.1 20,0 0.2 0.6 10.6 0.
Slide 14: Consolidated Financial Highlights (Billion Ch$)
Consolidated Financial Highlights (Billion Ch$) 2011 2011 P 2012 2012P 2013 2013P 2014 2015 1Q15 1Q16 2Q15 2Q16 Total Volume (MUCs) 502 549 596 749 763 826 831 820 219 214 181 169 Net Sales 983 1,083 1,172 1,477 1,522 1,640 1,797 1,877 504 459 410 376 Operating Income 142 157 154 173 171 179 187 216
Slide 15: Consolidated Financial Highlights (Million US$)
Consolidated Financial Highlights (Million US$) 2011 2011 P 2012 2012P 2013 2013P 2014 2015 1Q15 1Q16 2Q15 2Q16 Total Volume (MUCs) 502 549 596 749 763 826 831 820 219 214 181 169 Net Sales 2,031 2,239 2,411 3,038 3,071 3,311 3,151 2,868 806 654 663 556 Operating Income 294 324 317 355 346 361 328 3
Slide 16: Consolidated Balance Sheet
Consolidated Balance Sheet (as of June 30, 2015, in million USD and million Ch$) Assets Liabilities and Equity Cash and Cash Equivalents 274 Current Financial Liabilities 85 Current Assets 447 Other Current Liabilities 411 Non current Assets + Others 2,296 Non-Current Financial Liabilities 1,100 Goo
Slide 17: Dividends and Market Cap (as of June 30, 2016)
Dividends and Market Cap (as of June 30, 2016) Dividend Distribution Market Cap (million Ch$) (billion USD) 71,190 71,437 71,164 5.3 52,081 53,671 3.9 3.0 3.2 33,793 2.7 2.5 2011 2012 2013 2014 2015 2016 2011 2012 2013 2014 2015 2016 Dividend Yield 2011 2012 2013 2014 2015 Series A 4.6% 4.4% 2.9% 2.
Slide 18: 4. Strategy
4. Strategy Agenda Page [CLIENT NAME]
Slide 19: Expansion potential through organic and inorganic growth avenues
Expansion potential through organic and inorganic growth avenues Organic growth Inorganic growth Superior organic growth within the Key role in the consolidation process of the Coca-Cola system Coca-Cola system in Latin America Fuel growth in SSD business Inorganic expansion in line with TCCC go
Slide 20: Appendix
Appendix CoG elg »NDINA
Slide 21: Argentina: Main Financial Highlights (Local Currency)
Argentina: Main Financial Highlights (Local Currency (millions)) 2011 P 2012 2012P 2013 2014 2015 1Q15 1Q16 2Q15 2Q16 Sales Volume (MUC) 151 167 200 224 229 234 62 63 51 45 Net Sales 2,254 2,985 3,690 4,898 6,541 8,903 2,143 2,808 1,888 2,176 Operating Income 255 308 311 398 428 829 230 369 109 145
Slide 22: Brazil: Main Financial Highlights (Local Currency)
Brazil: Main Financial Highlights (Local Currency (millions)) 2011 2012 2012 P 2013 2013 P 2014 2015 1Q15 1Q16 2Q15 2Q16 Sales Volume (MUC) 205 225 253 243 305 306 291 78 72 63 63 Net Sales 1,545 1,814 2,030 2,142 2,657 2,959 3,059 811 802 673 682 Operating Income 223 260 276 257 290 354 378 118 116
Slide 23: Chile: Main Financial Highlights (Local Currency)
Chile: Main Financial Highlights (Local Currency (millions)) 2011 P 2012 2012P 2013 2014 2015 1Q15 1Q16 2Q15 2Q16 Sales Volume (MUC) 175 185 233 235 232 234 63 63 53 48 Net Sales 339,116 374,873 475,824 477,918 492,072 514,733 135,551 142,796 117,535 113,523 Operating Income 57,900 57,685 65,941 66,
Slide 24: Paraguay: Main Financial Highlights (Local Currency)
Paraguay: Main Financial Highlights (Local Currency (millions)) 2011 2012 P 2012 2013 2014 2015 1Q15 1Q16 2Q15 2Q16 Sales Volume (MUC) 18 19 63 61 63 61 16 17 13 13 Net Sales 274,234 291,166 968,454 968,523 1,010,735 1,033,215 270,888 297,254 221,722 238,480 Operating Income 70,135 42,001 99,174 129
Slide 25: Corporate Presentation 2Q 2016
Agenda Page Corporate Presentation 2Q 2016 [CLIENT NAME]