Lg Chem Ltd. · KRX:051910
Lg Chem — Q1 2010 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Apr 20, 2010
Slide 1: 1Q 2010 Business Results & Outlook
1Q 2010 Business Results & Outlook April 20, 2010
Slide 2: Audit review and forward-looking notice
The business results for the first quarter of 2010 currently under audit review are presented here for investors’ convenience. Hence, please be advised that some of their contents may be altered in the course of audit. Forecasts and projections contained in this material are based on current busines
Slide 3: Table of Contents
Table of Contents Quarterly Business Results 1 1Q 2010 Business Results 2 Divisional Results & Outlook 4 Appendix 6
Slide 4: Quarterly Business Results IFRS basis
Quarterly Business Results IFRS basis (Unit: KRW bn) 4.42tn 4.29tn 4.05tn 3.83tn 3.35tn 697 652 629 485 287 '09.1Q 2Q 3Q 4Q '10.1Q Sales OP 1 /9
Slide 5: 1Q 2010 Business Results Income Statements
1Q 2010 Business Results Income Statements (Unit: KRW bn) Classification ’09.1Q ’09.4Q ’10.1Q YoY QoQ Sales 3,350 4,046 4,423 32.0% 9.3% Operating Profits 485 287 652 34.6% 127.2% (%) (14.5) (7.1) (14.7) Pre-tax Income 433 258 649 50.0% 151.3% (%) (12.9) (6.4) (14.7) Net Income 299 223 518 73.0% 132
Slide 6: 1Q 2010 Business Results Financial Position
1Q 2010 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’09 ’10.1Q Change Classification ’09 ’10.1Q Change Assets 10,531 11,256 6.9% Total Liabilities / Equity 77.7 82.6 4.9%p (%) Cash and 1,107 1,120 1.2% equivalents Debt / Equity (%) 40.7 39.5
Slide 7: Divisional Results & Outlook Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis 3,309 ▣ Price increase for overall products & demands recovery NCC/PO helped robust business results 2,959 29% - NCC/PO : Strong PO price and spread gain went up 2,582 high due to ethylene price hike PVC
Slide 8: Divisional Results & Outlook I & E Materials
Divisional Results & Outlook I & E Materials Business results Analysis (Unit: KRW bn) • Analysis ▣ Recovery of global economy and strong IT demands especially Chinese market led solid business results 1,159 1,157 - Optical : Noteworthy performance based on brisk Materials sales of LCD TV in China an
Slide 9: Appendix Sales & Operating Profit
Appendix Sales & Operating Profit (Unit: KRW bn) 2009 2010 LGC 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 3,350 3,830 4,295 4,046 15,521 4,423 4,423 Operating Profit 485 629 697 287 2,098 652 652 Petrochemicals 2,582 2,847 3,062 2,959 11,450 3,309 3,309 NCC/PO 751 836 911 897 3,395 948 948 PVC 439 41
Slide 10: Appendix Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit: KRW bn) (Unit: KRW bn) Classification ’09 ’10.1Q Classification ’09 ’10.1Q Total 2,411 2,435 Beginning 514 1,107 (Overseas Subsidiaries) (602) (732) 100% 100% Operating/Investing 1,515 -11 266 165 KRW Currency 11% 7% Net Income 1,539 518 C
Slide 11: Appendix CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’08 ’09 ’10 Plan ’10.1Q New / Expansion 223 158 289 68 Petrochemicals Maintenance 103 131 174 62 Total 326 290 463 129 New / Expansion 270 472 670 197 I&E Maintenance 58 81 125 26 Materials Total 328 553 795 224 New / Expansion 1 22 - - Com
Slide 12: Appendix Price Trends
Appendix Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,858 1,720 1,800 1,718 3,547 1,681 3,424 1,526 1,632 1,333 1,462 1,271 2,712 1,304 1,381 1,198 2,483 1,307 1,260 2,145 1,036 1,227 1,255 2,109 1,016 1,027 1,164 1,973 1,971 945 873 1,008 1,756 1,760 1,822 1,961 2,032 938 932 963 1,492 716 1,700 1,417