Dmci Holdings Inc. · PSE:DMC
Dmci — Shareholder Meeting (2021)
19 slides from Dmci's shareholder meeting presentation, 2021
Slide 1: Message from the Chairman
MESSAGE FROM THE CHAIRMAN
Slide 2: COVID-19 has taken an immense toll on our nation
COVID-19 has taken an immense toll on our nation
Slide 3: Consolidated Revenues, Net Income and Core Net Income
Consolidated Revenues Consolidated Net Income Consolidated Core Net Income (in Php bn) (in Php bn) (in Php bn) -23% -44% -48% 87.8 10.5 12.4 67.7 5.9 6.6 2020 2019 2020 2019 2020 2019
Slide 4: 76-day lockdown led to lower construction accomplishments
76-day lockdown led to lower construction Construction to stage accomplishments strong bounce-back Net Income (in Php mn) Php 58.7B order book -88% 1,938 workers hired 906 109 9,238 barracks capacity 2020 2019
Slide 5: Real estate: drop due to higher costs, one-time losses and lower productivity
Drop due to higher costs, one-time losses Real estate business and lower productivity to do better Net Income (in Php mn) Php 79.1B unrecognized revenues -55% 4,552 workers hired 3,020 1,370 2020 2019 resource optimization
Slide 6: Coal and electricity: decline due to lower demand and prices
Decline due to lower demand and prices Earnings up on better of coal and electricity market conditions Net Income (in Php mn) +48% coal price forecast -65% +57% spot electricity 5,484 price forecast 1,897 2020 2019
Slide 7: Absence of one-off item tempered results; expansion plans
Absence of one-off item tempered results Moving forward with expansion plans Net Income (in Php mn) 15MW -12% thermal plant in Palawan 4MW 611 solar-diesel plant in Masbate 537 2020 2019
Slide 8: Executive Order 130 bodes well for nickel business
Growth due to simultaneous operations, Executive Order 130 improved market conditions and Indonesia ban bodes well for nickel Net Income business (in Php mn) four 133% pending MPSA applications 483 276 million WMT potential reserves 2020 2019 (1,455)
Slide 9: Water: revised concession agreement soon
Muted results due to lower average effective Received revised tariff, higher amortization and depreciation concession agreement Net Income (in Php mn) soon -13% signing of revised contract final version 1,514 1,744 to account for material differences
Slide 10: 10-year dividend performance, 97% payout ratio
10-year dividend performance 97% dividend 16.0 14.0 112% 97% 120% payout ratio second 100% 12.0 85% 80% 10.0 8.0 60% 62% 52% 53% 44% 51% 60% highest level in 10 years 6.0 33% 33% 40% 4.0 20% 2.0 - 0% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Core Net Income 9.6 9.7 10.6 10.3 12.3 12.6 1
Slide 11: Our People First
Our People First Zero Php 11.3B 6,818 employees retrenched wages and benefits hired after ECQ Php 250M 16,243 358 financial support to workers barracks bike loan employees and workers capacity beneficiaries 3,204 16,729 20,991 employee dormers COVID-19 tests employee shuttle conducted trips Our Php
Slide 12: DMCI Group Pandemic Resilience and Adaptation Strategy
DMCI Group Pandemic Resilience and Adaptation Strategy To safely navigate this pandemic, we adopted a COVID-19 resilience and adaptation strategy that covers our people, finances and execution skills
Slide 13: We ordered more than 30,000 jabs
We ordered more than 30,000jabs 30,000 jabs for our employee vaccination program
Slide 14: ESG Highlights
ESG Highlights 1,314 three 289 reforested area endangered tree protected marine in ha species planted habitats in ha six 1,358 763 public works projects local hires scholars completed 100.70 66.39% acgs score bloomberg GEI score
Slide 15: Our ESG efforts have not gone unnoticed
Our ESG efforts have not gone unnoticed
Slide 16: We can stage a recovery this year
We can stage a recovery this year but a return to normality and pre-pandemic profitability is unlikely
Slide 17: In the face of unprecedented adversity, we soldiered on
In the face of unprecedented adversity, we made painful sacrifices and soldiered on.
Slide 18: The pandemic has taught us humanity, solidarity and hope
The pandemic has taught us a lot about humanity, solidarity and hope
Slide 19: Thank you
Thank you