JG Summit Holdings Inc. · PSE:JGS
JG Summit — Q1 2017 Earnings Presentation
20 slides from JG Summit's earnings presentation, May 2017
Slide 1: 1Q 2017 Unaudited Earnings Presentation
Making Life Better JG SUMMIT HOLDINGS. INC. 1Q 2017 Unaudited Earnings Presentation Loma, May 2017
Slide 2: Disclaimer
Disclaimer This presentation contains certain forward looking statements with respect to the financial condition, results of operations and businesses of JG Summit Holdings, Inc. JG Summit). Such forward looking statements involve known and unknown risks, uncertainties and other factors which may ca
Slide 3: Key Financial Highlights
Slide 4: Earnings Snapshot
Farnings Snapshot Cin PhP Billions) +11% 67.5 ™1Q2016 =" 1Q2017 60.6 Revenues EBITDA Core Net Income Net Income* Due to strong Mainly due to lower net performance of income of CEB vs SPLY Petrochem business due to rise in fuel prices and hedging losses 17, * from equity holders of the parent pan.
Slide 5: Revenue Contribution
Revenue Contribution Cin Php Millions) 11.4% YoY revenue growth for 1Q2017 led by URC and Petrochem mmysgum 205 — —290)— 58 — 67,507 60,591 JGS Rev URC RLC Petro CEB Banking Div/Equityin Others JGS Rev 1Q2016 Assoc 1Q2017 Equity in Net Earnings of Assoc. Psaan 1Q2017_ _\ ob R E VE N UE. S a PhP 67.5
Slide 6: Core Net Income Contribution
Core Net Income Contribution Cin Php Millions) Petrochem contributes the largest in 1Q 2017 1Q2016 URC RLC Petro CEB Bank Power UIC Others 1Q2017 / 1Q2017 CORE NET INCOME PhP 8.2 Bn 8.2 84 (in PhP Billions) 1Q2016 1Q2017 eet.
Slide 7: Robust Balance Sheet
Robust Balance Sheet (in Php Billions except ratios) CONSOLIDATED March 2017 December 2016 Growth Cash* 48.7 475 +3% Total Assets 6874 666.3 +3% Financial Debt 226.8 221.1 +3% Net Debt 178.1 173.5 +3% D/E Ratio 0.70 0.71 -1% Net D/E Ratio 0.55 0.55 -1% TOTAL DEBT Breakdown (Conso) Total LTD 172.7 15
Slide 8: Manageable Debt Profile
Manageable Debt Profile SCHEDULE OF PARENT DEBT MATURITIES* (in Php Billions) 32.3 24.4 Current 2018 2019 2020 2021 2022 and thereafter DEBT PROFILE (Parent) March 2017 December 2016 Total LT Debt (Php Bn) 62.0 61.6 Total ST Debt (Php Bn) 33.2 32.9 Net Debt (Php) 73.4 75.4 Blended Cost of LT Debt 4.
Slide 9: Strong Recurring Dividends
Strong Recurring Dividends Cin Php Billions) 15.1 13.7 126 8.6 - is A] 2012 2013 2014 2015 2016 mURC @RLC CEB @&PLDT ®UIC “MER &GBP
Slide 10: Self-funding Subsidiaries
Self-funding Subsidiaries Cin PhP Billions) 1Q 2017 CAPEX Spent: PhP 9.3 Bn Universal Capacity expansion of various lines Robina in the PH and ASEAN Construction of malls, offices, hotels and residential projects, and land ronixsonsrann — banking 2017 CAPEX Feed Mostly for fleet acquisition Pp , Die
Slide 11: Core Businesses
Core Businesses
Slide 12: Core Businesses
Core Businesses Uf wriversa Robina -1% ™ Investment ROBINSONS LAND CORPORATION +8% =1Q2017 55 54 ™1Q2016 307 285 =1Q2016 =1Q2017 (in Php Bn) (in Php Bn) 1% -5% 15° #14 34 3.5 1 ee ee Revenues Net Income* Revenues Net Income Revenues(Php Bn) =BCFG BAIG BCFG Revenues (Php Bn) = Development 1Q2016 1Q20
Slide 13: Core Investments
Core Investments JG SUMMIT
Slide 14: Core Investments
Core Investments MERALCO REVENUES (in Php Bn) 60.2 66.6 1Q2016 1Q2017 CORE NET INCOME (in Php Bn) 4.6 4.6 1Q2016 1Q2017 APLDT SERVICE REVENUES (in Php Bn) 40.6 37.7 1Q2016 1Q2017 CORE NET INCOME (in Php Bn) 7.2 1Q2016 1Q2017 GOO GLOBAL BUSINESS POWER REVENUES REVENUES (in S$ Mn) (in Php Bn) 264.5 20
Slide 15: JG Summit Petrochemicals Group
JG SUMMIT
Slide 16: Petrochem Group Performance
@ JG SUMMIT PETROCHEMICALS ‘GROUP Petrochem Group Performance (in PhP Billions) 461% 10.8 +129% » The cracker achieved run rates of 95% - 100% for 1Q 2017. 67 » Maximized run rates for polymer plants due to healthier polymer margins during the period. » Sold 30K MT of Mixed C4 due to brief, but stee
Slide 17: Robinsons Bank Performance
ROBINSONSEAN Robinsons Bank Performance Cin PhP Millions) +26% +25% 1,014.5 809.0 905.5 7171 = Revenues = Interest Income 1Q2016 1Q2017 KEY HIGHLIGHTS CONSOLIDATED 1Q 2017 1Q 2016 » Robinsons Bank has a network of 137 | Assets (Php Bn) 80.44 60.76 branches and 221 automated teller | Equity (Php Bn)
Slide 18: Plans and Prospects
Slide 19: Plans and Prospects
Plans and Prospects » Competition will further intensify with headwinds on input prices and forex Universal » To improve supply chain management, relaunch C2 and Rong Do to recover Robina Vietnam business, and accelerate the synergies in the Oceania business » Focus on investment portfolio ROB A AND
Slide 20: Thank you!
Thank you! "WT JG Summit Investor Relations VA http://www.jgsummit.com.ph IR@jgsummit.com.ph