Lopez Holdings Corporation · PSE:LPZ
Lopez — Shareholder Meeting (October 2020)
10 slides from Lopez's shareholder meeting presentation, Oct 2, 2020
Slide 1: Financial Highlights
FINANCIAL HIGHLIGHTS October 2, 2020
Slide 2: Full Year Income
FULL YEAR INCOME Revenues Net Income Equity in Net Earnings 133,594 5,893 125,389 2,038 5,322 104,890 4,225 1,495 2017 2018 2019 2017 2018 2019 2017 2018 2019 (600) 2
Slide 3: Financial Position
FINANCIAL POSITION Consolidated, in billion pesos 2019 2018 Total Assets 392.584 390.630 Interest Bearing Loans & Borrowings 132.267 150.710 Total Liabilities 193.527 202.469 Equity Holders of Parent 69.991 67.332 Debt-to-Equity (x) 0.34 0.39 Book Value Per Share 15.35 14.61 3
Slide 4: Cash Dividends
CASH DIVIDENDS 1200 1042 962 1000 784 800 Received 600 463 463 459 Paid Out 400 200 0 2017 2018 2019 4
Slide 5: Statement of Income for the Period Ended June 30
STATEMENT OF INCOME FOR THE PERIOD ENDED JUNE 30 Unaudited Consolidated, in million pesos 1H2020 1H2019 % change Revenues 53,880 67,913 -21% Cost and Expenses (40,635) (51,300) -21% Equity in net earnings (losses) (2,023) 972 -308% Other expenses - net (1,428) (1,084) 32% Net income* 275 4,181 -93%
Slide 6: First Philippine Holdings Corp.
FIRST PHILIPPINE HOLDINGS CORP. Income Statement Consolidated, in billion pesos 2019 2018 Revenues 133.594 125.389 Expenses (103.021) (96.350) Other income (expenses) (1.079) (3.362) Income tax (4.875) (5.503) Net income 24.619 20.174 Net income to Equity Holders of Parent 12.583 10.281 Balance Shee
Slide 7: First Philippine Holdings Corp. 1H 2020 vs 1H 2019
FIRST PHILIPPINE HOLDINGS CORP. Consolidated, in billion pesos 1H 2020 1H 2019 Revenues 53.880 67.913 Sale of electricity 47.708 58.143 Real estate 2.205 4.587 Contracts and services 3.162 4.095 Sale of merchandise 0.805 1.088 Cost and Expenses (40.578) (51.196) Other expenses -net (1.245) (0.999) N
Slide 8: ABS-CBN Corporation
ABS-CBN CORPORATION Statement of Income Consolidated, in billion pesos 1H 2020 2019 2018 Revenues 13.317 42.835 40.131 Expenses (17.102) (42.835) (38.150) Tax (0.145) (2.295) (0.072) Net income (loss) (3.930) (2.295) 1.908 Statement of Financial Position Consolidated, in billion pesos 1H 2020 2019 2
Slide 9: Financial Condition
FINANCIAL CONDITION June-20 Dec-19 Major Asset Values 66.30 68.00 ABS-CBN (56.6%) 15.97 18.15 First Phil. Holdings (50.7%) 50.33 49.85 Net Asset Values - Total (P bn) 24.43 26.90 - Php Per Share 5.38 5.90 Market Cap - Total (P bn) 16.92 12.45 - Php Per Share 2.74 3.71 Book Value Per Share 15.35 14.6
Slide 10: Financial Highlights
FINANCIAL HIGHLIGHTS October 2, 2020