Metair Investments Limited · JSE:MTA
Metair Investments — FY2023 Earnings Presentation
15 slides from Metair Investments's earnings presentation, 2023
Slide 1: 2023 Results Presentation Appendices
2023 RESULTS PRESENTATION APPENDICES HTTPS://WWW.METAIR.CO.ZA/INVESTORS/RESULTS-CENTRE/
Slide 2: IAS 29, Hyperinflation Accounting
IAS 29, HYPERINFLATION ACCOUNTING
Slide 3: Non-Cash Hyperinflation Impact
NON-CASH HYPERINFLATION IMPACT 3 Türkiye's inflation rate rose to 64.8% (FY22 64.3%). The Lira depreciated by 43% (FY22 28%) against the USD, and monetary policymakers try to combat double-digit inflation by steadily raising interest rates FY23 FY23 IAS29 INCOME STATEMENT (R'm) Reported Pre-IAS29 Im
Slide 4: Segmental Reporting
METAIR INVESTMENTS LIMITED ‘automotive | industrial | retail SEGMENTAL REPORTING
Slide 5: Energy Storage Segment Analysis
ENERGY STORAGE SEGMENT ANALYSIS 5 Strong local currency operating profit growth at Mutlu and FNB Reported Pre-Hyperinflation PBIT & Margin (Excl. Impairment) PBIT variance PBIT variance (in local currency) (in local currency) Mutlu 781% Mutlu 19% Rombat (27%) Rombat (27%) PBIT First Battery 3% First
Slide 6: Volumes
METAIR INVESTMENTS LIMITED ‘automotive | industrial | retail VOLUMES
Slide 7: Energy Storage Volumes (Rounded)
ENERGY STORAGE VOLUMES (ROUNDED) 7 1. Total volumes by operation (including 2. Automotive volumes by market 3. Mutlu automotive volumes industrial) 4. Rombat automotive volumes 5. First Battery automotive 6. Industrial volumes volumes
Slide 8: Combined Battery Volumes: First Battery, Mutlu and Rombat (Rounded)
COMBINED BATTERY VOLUMES: FIRST BATTERY, MUTLU AND ROMBAT 8 (ROUNDED) Battery units ('000) 2021 2022 2023 Change % Change Automotive original equipment 2 252 2 487 2 650 163 7% Original equipment - Local 1 988 1 900 2 216 316 17% - Export 264 587 434 (153) (26%) Automotive aftermarket 6 577 6 238 4
Slide 9: First Battery Volumes
FIRST BATTERY VOLUMES 9 FNB Battery units ('000) 2021 2022 2023 Change % Change Automotive original equipment 358 361 362 1 0% Original equipment - Local 358 361 362 1 0% Automotive aftermarket 1 174 1 185 1 303 118 10% - Local 907 922 968 46 5% Aftermarket - Export 267 263 335 72 27% Total automoti
Slide 10: Mutlu Battery Volumes
MUTLU BATTERY VOLUMES 10 Mutlu Battery units ('000) 2021 2022 2023 Change % Change Original Automotive original equipment 1 483 1 645 1 787 142 9% equipment - Local 1 340 1 149 1 574 425 37% - Export 143 496 213 (283) (57%) Automotive aftermarket 3 191 3 258 1 551 (1 707) (52% ) Aftermarket - Local
Slide 11: Rombat Battery Volumes
ROMBAT BATTERY VOLUMES 11 Rombat Battery units ('000) 2021 2022 2023 Change % Change Automotive original equipment 411 481 501 20 4% Original equipment - Local 290 390 280 (110) (28%) - Export 121 91 221 130 143% Automotive aftermarket 2 212 1 795 1 776 (19) (1% ) Aftermarket - Local 513 429 357 (72
Slide 12: Vehicle Production per OEM in South Africa
VEHICLE PRODUCTION PER OEM IN SOUTH AFRICA 12 OEM 2017 2018 2019 2020 2021 2022 2023 % Change TSAM 128 578 139 307 138 781 103 461 128 223 115 327 175 311 52% FMCSA 93 817 105 099 94 756 65 503 87 174 92 166 130 963 42% VW SA 108 156 133 543 157 961 114 158 129 119 134 864 140 324 4% MBSA 118 277 99
Slide 13: Vehicle Production per OEM in Turkey
VEHICLE PRODUCTION PER OEM IN TURKEY 13 OEM 2017 2018 2019 2020 2021 2022 2023 % Change Oyal Renault 365 002 336 778 342 777 308 568 248 000 247 100 325 365 32% Ford 373 005 373 702 369 035 327 936 348 029 376 476 398 793 6% Tofaş 384 174 301 750 264 196 250 630 228 544 263 747 239 428 (9%) Hyundai
Slide 14: Vehicle Production per OEM in Romania
VEHICLE PRODUCTION PER OEM IN ROMANIA 14 OEM 2017 2018 2019 2020 2021 2022 2023 % Change Renault Dacia 313 883 335 262 349 528 259 199 257 405 314 228 322 086 3% Ford 49 771 141 507 140 884 179 008 163 350 195 237 190 964 Awaiting (2%) reported Total 363 654 476 769 490 412 438 207 420 755 509 465 5
Slide 15: Disclaimer
DISCLAIMER 15 The information supplied herewith is believed to be correct but the accuracy thereof at the time of going to print is not guaranteed. The company and its employees cannot accept liability for loss suffered in consequence of reliance on the information provided. Provision of this data d