Sia Engineering Co. Ltd. · SGX:S59

Sia Engineering — 1H FY08/09 Earnings Presentation

21 slides from Sia Engineering's earnings presentation, Nov 3, 2008

Slide 1: ��
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Slide 2: SIA Engineering Company
SIA ENGINEERING COMPANY y,
Slide 3: FY08/09 1Q, 2Q and Total results
�� FY08/09 1Q 2Q Total Variance $M $M $M % Revenue 250.2 279.3 529.5 + 11.6 Expenditure 233.8 239.2 473.0 + 2.3 Operating profit 16.4 40.1 56.5 + 144.5 Share of JV & Assoc Cos Profits 43.6 39.7 83.3 - 8.9 Profit before tax 65.6 84.2 149.8 + 28.4 Net profit 58.7
Slide 4: 2QFY08/09 vs 2QFY07/08
�� 2QFY08/09 2QFY07/08 Variance $M $M % Revenue 279.3 265.8 + 5.1 Expenditure 239.2 231.7 + 3.2 Operating profit 40.1 34.1 + 17.6 Share of JV & Assoc Cos Profits 39.7 42.3 - 6.1 Profit before tax 84.2 82.8 + 1.7 Net profit 73.4 74.5 - 1.5 Net profit margin (%) 26.3 28
Slide 5: Quarterly revenue and profit after tax
�� S$M 300 250 200 Revenue 150 Profit After Tax 100 50 0 3QFY0708 4QFY0708 1QFY0809 2QFY0809 Financial Quarter
Slide 6: 1H FY08/09 vs 1H FY07/08
�� 1H FY08/09 1H FY07/08 Variance $M $M % Revenue 529.5 535.9 - 1.2 Expenditure 473.0 472.6 + 0.1 Operating profit 56.5 63.3 - 10.7 Share of JV & Assoc Cos Profits 83.3 82.9 + 0.5 Profit before tax 149.8 160.5 - 6.7 Net profit 132.1 145.0 - 8.9 Net profit margin (%) 24.9 27.1 -
Slide 7: Revenue by business segment
�� 1HFY08/09 1HFY07/08 Variance $M $M % Airframe & Component 317.1 336.4 - 5.7 Overhaul Services Line Maintenance & Technical 179.8 166.3 + 8.1 Ground Handling Fleet Management 32.6 33.2 - 1.8 529.5 535.9 - 1.2
Slide 8: Expenditure breakdown
�� 1H FY08/09 1H FY07/08 Variance $M $M % Staff costs 226.3 214.6 + 5.5 Materials 111.0 138.4 - 19.8 Overheads 135.7 119.6 + 13.5 Expenditure 473.0 472.6 + 0.1
Slide 9: Profit before tax by division and JV
�� 1H FY08/09 1H FY07/08 Variance $M $M % Operating Divisions Airframe & Component Overhaul 23.5 37.5 - 37.3 Line Maintenance 32.5 20.5 + 58.5 Fleet Management 0.5 5.3 - 90.6 JV & Associated Cos Engine Overhaul Centres 51.1 47.2 + 8.3 Others 32.2 35.7 - 9.8 Non-operating 10.0
Slide 10: SIA and non-SIA revenue
�� SIA Non-SIA Total $M $M $M SIAEC 339.6 165.5 505.1 % of non-SIA work 33% Subsidiary Cos 21.9 16.7 38.6 % of non-SIA work 43% JV & Associated Cos - Engine Overhaul Centres 393.1 655.4 1,048.5 - Others 25.4 297.0 322.4 418.5 952.4 1,370.9 % of non-SIA work 69% Combined revenue 7
Slide 11: Shareholders' equity, cash and returns
�� As at As at Variance Sept 08 Mar 08 % Shareholders' equity ($M) 1,112.7 1,125.3 - 1.1 Net asset value per share (cents) 103.2 104.7 - 1.4 Cash position (Grp) ($M) 280.5 437.3 - 35.9 Borrowings ($M) - - - 1HFY08/09 1HFY07/08 EPS (cents) 12.3 13.6 - 9.6 % Return on average shareho
Slide 12: Cash, shareholders' funds and total assets
�� S$M 1,600 1,400 1,200 C a s h & B a nk B a l 1,000 S ha re ho lde rs ' F und 800 To ta l As s e ts 600 400 200 0 3 1 Mar 0 7 3 0 Sep 0 7 3 1 M ar 0 8 3 0 Sep 0 8 Period End
Slide 13: Interim dividend
�� $M Tax-Exempt (One-Tier) Interim Dividend: Ordinary 5 cents/share 53.9 Payout ratio 41.0%
Slide 14: Operations Review
OPERATIONS REVIEW SIA ENGINEERING COMPANY y,
Slide 15: FY07/08 H1 FY08/09 H1
�� FY07/08 H1 47,414 �� FY08/09 H1 49,181 ��
Slide 16: Types of Checks
�� Types of Checks 200 173 179 FY07/08 H1 FY08/09 H1 160 120 67 60 80 20 40 12 0 A C D ��
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Slide 21: Thank You
Thank You SIA ENGINEERING COMPANY y,

SIA Engineering Company — 1H FY08/09 Earnings Presentation on 6ix

Sia Engineering — 1H FY08/09 Earnings Presentation

Slide 1: ����������������������� ������������������������������� ����������

Slide 2: SIA Engineering Company

Slide 3: FY08/09 1Q, 2Q and Total results

Slide 4: 2QFY08/09 vs 2QFY07/08

Slide 5: Quarterly revenue and profit after tax

Slide 6: 1H FY08/09 vs 1H FY07/08

Slide 7: Revenue by business segment

Slide 8: Expenditure breakdown

Slide 9: Profit before tax by division and JV

Slide 10: SIA and non-SIA revenue

Slide 11: Shareholders' equity, cash and returns

Slide 12: Cash, shareholders' funds and total assets

Slide 13: Interim dividend

Slide 14: Operations Review

Slide 15: FY07/08 H1 FY08/09 H1

Slide 16: Types of Checks

Slide 21: Thank You

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