EEI Corporation · PSE:EEI
EEI — Investor Presentation (November 2016)
55 slides from EEI's investor presentation, November 2016
Slide 1: Investor's Briefing
EEI CORPORATION €) Investor’s Briefing EET CORPORATION 1931
Slide 2: Consolidated Statement of Income
EEI Corporation & Subsidiaries Consolidated Statement of Income (In Million Pesos) JULY TO SEPTEMBER JANUARY TO SEPTEMBER 2016 2015 2016 2015 REVENUE Construction contracts 3,496.87 5,033.04 10,284.53 13,431.32 Services 213.43 251.87 617.60 804.90 Merchandise sales 30.57 76.33 142.02 223.05 Real est
Slide 3: Statement of Financial Position (Assets)
EEI Corporation & Subsidiaries Statement of Financial Position (In Million Pesos) September 30, December 31, 2016 2015 (Unaudited) (Audited) ASSETS Current Assets Cash and cash equivalents 645.19 1,270.24 Receivables (Paste Balance Sheet - Asset from 17Q 6,783.66 filing) 6,339.95 Due from related pa
Slide 4: Statement of Financial Position (Liabilities & Equity)
EEI Corporation & Subsidiaries Statement of Financial Position (In Million Pesos) September 30, December 31, 2016 2015 (Unaudited) (Audited) LIABILITIES & EQUITY Current Liabilities Bank loans 3,065.00 3,330.00 Accounts payable & accrued expenses 4,780.47 5,404.10 Due to related parties(Paste Balanc
Slide 5: Status of Domestic Construction Business
Status of Domestic Construction Business Revenue Operating Cash Flow P1.36B P14.47B P11.05B P1.25B 2015 (YTD Q3) 2016 (YTD Q3) 2015 (YTD Q3) 2016 (YTD Q3) • Revenues dropped by 24% due to the following: The Skyway project encountered right of way issue with utility companies and a few residents
Slide 6: Breakdown of Net Income
Breakdown of Net Income (In Million Pesos) 2016 2015 2014 (As of Q3) (Full Year) (Full Year) Income from Domestic 503 877 364 Operations Income (Loss) from ARCC (817) (674) 554 NET INCOME (Loss) (314) 203 918 EEI’s reported losses in 2016 are due to provisions for losses for its Saudi Arabia operati
Slide 7: EEI Corporation's Saudi Arabia Operations
EEI Corporation’s Saudi Arabia Operations • EEI Corporation operates in Saudi Arabia ARCC Structure and through Al Rushaid Construction Company Partners’ Share of Losses (ARCC), a joint venture between EEI and ARPIC • ARCC has 9 active projects in Saudi Arabia ARCC • ARCC’s financial challenges in S
Slide 8: Debt service capability still very strong
EEI Corporation’s Debt service capability still very strong • Debt-Equity ratio of 2.5:1 is manageable • Never defaulted with creditors in the last 10 years • Very low borrowing cost of 2.5% for short term and 4.8% for long term – the lowest rates in the industry • Current available credit lines of
Slide 9: Positive Outlook for EEI Corporation
Positive Outlook for EEI Corporation Construction Industry Value Forecast (PHP Trillion) • Bright prospects for Philippine 1.81 1.62 construction and energy & utilities 1.44 industries for the next 5 years 1.29 1.14 1.02 8.32% y-o-y average growth rate for construction industry 8.54% y-o-y avera
Slide 10: Backlog of Workable Contracts
Backlog of Workable Contracts Workable Contracts Workable Contracts As of Sept 30, 2015 As of Sept 30, 2016 44.77 B 55.55 B (P34 Billion for Domestic Projects) (P48 Billion for Domestic Projects) 24%
Slide 11: Workable Contracts - Domestic
Workable Contracts - Domestic Client Project Universal LRT Corporation MRT 7 Citra Central Expressway Metro Manila Skyway 3 Corporation SM Development Corp. Air Residences Fame Residences Coast Residences Megaworld Corporation Bayshore 6 Cluster One Eastwood Tower 1 & 2 P48.0 Billion Noble Place Gal
Slide 12: Workable Contracts – International (Saudi Arabia)
Workable Contracts – International (Saudi Arabia) Client Project Daewoo Jazan Refinery & Terminal Package 12 SMP and E&I E-TEC Arabia Limited Co. SAFCO IV Reliability and Improvement Yanpet U10 Furnace P7.55 Billion Convection Section Snamprogetti Saudi Arabia Co. RR2 Mechanical Works Limited (Saipe
Slide 13: Projects Carried Over from 2015
Projects CARRIED OVER from 2015
Slide 14: Air Residences
Air Residences Makati City
Slide 15: Fame Residences
Fame Residences Mandaluyong City
Slide 16: Wind Residences Tower
Wind Residences Tower 5 Tagaytay City SSM) 4 SH ‘
Slide 17: Green Residences
Green Residences Malate , Manila te
Slide 18: Bayshore Cluster
Bayshore 6 Cluster Pasay City
Slide 19: One Eastwood Tower
One Eastwood Tower 1 Quezon City
Slide 20: One Eastwood Tower
One Eastwood Tower 2 Quezon City
Slide 21: Finance Center
Finance Center Taguig City
Slide 22: Quad Aeropark
Quad 1 Aeropark Angeles City, Pampanga /
Slide 23: ETY Building
ETY Building Binondo, Manila
Slide 24: Corporate Center and Skysuites
Corporate Center and Skysuites Quezon City ™
Slide 25: Ore Central
Ore Central Taguig City yy 4 fab de die | | | | | f 1 U i ii LH I 1
Slide 26: Noble Place
Noble Place Binondo, Manila
Slide 27: Beacon Tower
Beacon Tower 3 Makati City
Slide 28: Festival Supermall Expansion
Festival Supermall Expansion Alabang, Muntinlupa eee Nas ee
Slide 29: Skyway Stage 3
Skyway Stage 3 (Sections 3 and 4) Quezon City
Slide 30: New Bohol (Panglao) Airport
New Bohol (Panglao) Airport Bohol
Slide 31: Caticlan Airport Runway Extension
Caticlan Airport Runway Extension Malay, Aklan Coes TSO eget Pe Tp
Slide 32: CNS-ATM
CNS-ATM 2 (multi-site)
Slide 33: CNS-ATM 1
CNS-ATM 1] Pasay City
Slide 34: Therma Visayas Energy
Therma Visayas Energy Toledo, Cebu
Slide 35: Pagbilao Power Plant
Pagbilao Power Plant Pagbilao, Quezon
Slide 36: X MW Power Plant
3 X 135 MW Power Plant Misamis Oriental
Slide 37: Other ARCC Projects
+ 9 Other ARCC Projects
Slide 38: Projects Completed in 2016
Projects Completed in 2016 (as of October 31, 2016)
Slide 39: Wind Residences Tower
Wind Residences Tower 4 Tagaytay City
Slide 40: Grand Hyatt Center
Grand Hyatt Center Taguig City
Slide 41: Uptown Mall & BPO Offices
Uptown Mall & BPO Offices Taguig City
Slide 42: Uptown Towers
Uptown Towers 3 & 4 Taguig City
Slide 43: Alaska CMP & MPP
Alaska CMP & MPP San Pedro, Laguna
Slide 44: San Gabriel Power Plant
450 MW San Gabriel Power Plant Misamis Oriental
Slide 45: Maris Optimization
Maris Optimization
Slide 46: Including Other ARCC Projects
Including 2 Other ARCC Projects
Slide 47: Awarded Projects in 2016
AWARDED PROJECTS in 2016 (as of October 31, 2016) a
Slide 48: Parang Sante Nido
*Parang Sante Nido An Integrated Rail and Road Project > RAIL : about 22km of railway from North EDSA to San Jose del Monte, Bulacan with 14 stations through Quezon Circle Memorial, continuing along Commonwealth Avenue and Quirino Highway. © Elevated @® At Grade > ROAD : about 22km 6-lanes highway f
Slide 49: MNTC Bocaue Toll Plaza
MNTC Bocaue Toll Plaza (‘already completed) ot ot all “ai it pt crt BL Fl a ae a
Slide 50: Coast Residences
Coast Residences Pasay City *concept image
Slide 51: Malayan Colleges Davao
Malayan Colleges Davao Davao City Malayan Colleges A Mapia School on the Rise in Mindanao Davao City | (nite ml IL | ih itl oii *concept image — <a ae
Slide 52: Petron Power Distribution
Petron Power Distribution PETRON
Slide 53: San Miguel Yamamura
San Miguel Yamamura racy SAN MIGUEL YAMAMURA PACKAGING CORPORATION
Slide 54: Saudi Arabian Fertilizer Company
SAUDI ARABIAN FERTILIZER COMPANY
Slide 55: Investments in Renewable Energy
Investments in Renewable Energy oe ~~] —_— _ oe” atl PetroWind PetroSolar