JG Summit Holdings Inc. · PSE:JGS
JG Summit — Shareholder Meeting (July 2011)
18 slides from JG Summit's shareholder meeting presentation, Jul 7, 2011
Slide 1: 2010 Annual Stockholders' Meeting
2010 Annual Stockholders’ Meeting Annual Stockholders’ 7 July 2011 Meeting
Slide 2: Agenda
AGENDA Major Developments Financial Performance Plans and Expectations 2
Slide 3: Major Developments
Major Developments 1 Unlocked the value of Cebu Pacific with its successful IPO in Oct 2010 Digitel breached 2 5 URC Int’l 1m postpaid surpassed cellular US$300m in subscriptions in revenues driven Sep 2010 by Thailand and Vietnam RLC successfully Acquired 60% stake 3 opened the first 4 in The Royal
Slide 4: Agenda
AGENDA Major Developments Financial Performance Plans and Expectations 4
Slide 5: Strong Financial Performance
Strong Financial Performance Revenues (PhP Bn) EBITDA (PhP Bn) +16.7% CAGR +25.5% CAGR 35.29 121.74 107.96 99.07 27.04 76.68 21.16 17.76 +14.1% yoy -4.9% yoy 33.93 8.37 2007 2008 2009 2010 1Q2011 2007 2008 2009 2010 1Q2011 Foods Air transportation Telecommunications Real estate and hotels Petrochemi
Slide 6: Strong Revenue and EBITDA Growth
Strong Revenue and EBITDA Growth For the period ended 1Q 1Q (in PhP Billion) 2009 2010 % yoy 2010 2011 % yoy Revenues 107.96 121.74 +13 29.73 33.93 + 14 Gross Income 43.55 52.99 + 22 12.91 13.12 +2 Operating Income 15.22 21.74 + 43 5.67 4.76 - 16 Finance Cost and Charges, Net (4.75) (3.87) +18 (0.97
Slide 7: Healthy Financial Condition
Healthy Financial Condition Cashflows (PhP billion) 2009 2010 % yoy 1Q2010 1Q2011 %yoy Cashflows from optg activities 28.79 18.30 -36 8.03 9.04 + 13 CAPEX (22.88) (20.13) -12 (4.95) (9.26) + 87 Cashflows from investing (excldng Capex) (1.07) 2.89 +170 (0.93) (0.82) + 11 Cash flows from financing 6.4
Slide 8: Universal Robina Corporation (URC)
Universal Robina Corporation (URC) Revenues (PhP M) • FY2010 a record year for both revenues and EBIT due to stable +15.2% CAGR commodity prices 57,720 50,453 • Defended market leadership in 45,455 Philippines, Thailand and Vietnam 37,720 • Commodities showed positive growth +16.5% yoy on high sugar
Slide 9: Cebu Air Inc. (CEB)
Cebu Air Inc. (CEB) • Impressive revenue growth due to Revenues (PhP M) continued route expansion, increase in passenger traffic and offering more +24.7% CAGR 29,089 ancillary revenue streams 23,311 19,682 • OTP of 81% in 1Q 2011 affected by air 15,016 traffic control issues but aircraft +7.8% yoy u
Slide 10: Robinsons Land Corporation (RLC)
Robinsons Land Corporation (RLC) Revenues (PhP M) • Continued strong growth of the +9.0% CAGR commercial centers division • Residential division, offices and hotels 10,673 10,376 10,581 reported double digit growths 8,168 • Opened 3 new malls in FY2010. Total of +20.7%yoy 29 malls with an average oc
Slide 11: Digital Telecommunications
Digital Telecommunications Wireless Revenues (PhP M) • Continues to roll out a robust network built +25.8% CAGR for unlimited text, calls, and mobile internet 16,544 • Market leader in postpaid based on 14,020 number of subscribers with over one million 11,351 subscribers 8,313 • The only mobile tel
Slide 12: JG Summit Petrochemicals Corp
JG Summit Petrochemicals Corp • First and only integrated polyethylene and Revenues (PhP M) polypropylene resins manufacturing company in the country. • Uses industry-renowned UNIPOL® PP 8,479 licensed by the Dow Chemical Corp and 5,571 the UNIPOL® PE process licensed Univation 4,466 Technologies. 3
Slide 13: Robinsons Bank Corporation
Robinsons Bank Corporation Revenues (PhP M) • Expanding network with 57 +7.9% CAGR branches and 104 ATMs nationwide 1,729 under the Bancnet consortium 1,377 • Acquired the local commercial 1,039 1,135 banking unit of the Royal Bank of +34.2% yoy Scotland (Philippines) 2Q2010 and 434 received approva
Slide 14: United Industrial Corporation Limited
United Industrial Corporation Limited Revenues (SGD M) • JG Summit is one of the largest +22.5% CAGR shareholders of UIC 1,011 972 • Majority owner of Singland, which 892 develops and invests property 528 including commercial office, -22.7% yoy commercial retail and residential 196 properties • UIC
Slide 15: Net Income by Segment
Net Income by Segment For the year ended 2010 1Q2011 31 December (PhP billion) Equity % Net Equity Net % Net Net Owned Income Income Owned Income Income Food 64.1 7.82 5.01 64.2 1.24 0.80 Air Transportation 65.5 6.92 6.56 66.7 1.20 0.80 Real Estate & Hotels 60.4 3.59 2.17 60.4 1.02 0.61 Telecoms 49.
Slide 16: Agenda
AGENDA Major Developments Financial Performance Plans and Expectations 16
Slide 17: Solid and Well-Diversified Business Portfolio
Solid and Well-Diversified Business Portfolio JG Summit Holdings, Inc. Market Cap: US$ 4.14 Bn 1 Core Operating Businesses: Strong Growth and Cash Generating Abilities Universal Robina Cebu Air, Inc. Robinsons Land Corporation (64.2%) (66.7%) Corporation (61.0%) Market Cap: US$ 1.92Bn (US$1.24Bn) Ma
Slide 18: Thank You!
“Shctete JG SUMMIT HOLDINGS, INC. Thank You!