Slide 1: SEC Form 17-C Current Report
C07762-2020 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Nov 5, 2020 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form: Investors' Briefing Materials
PCOR SERIES C BONDS DUE 2024 (IN MIL 13,200 PESO) PCOR SERIES D BONDS DU3 2025 (IN MIL 6,800 PESO) TOTAL DEBT AS OF SEPT 30, 2020 (IN MIL 265,000 PESO-CONSO) 11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts a
Slide 3: Filed on behalf by Legal Manager
Filed on behalf by: Name Jhoanna Jasmine Javier-Elacio Designation Legal Manager and Assistant Corporate Secretary
Slide 4: Letter to Philippine Stock Exchange
November 5, 2020 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 6th Floor, PSE Tower 5th Avenue corner 28th Street Bonifacio Global City, Taguig City Attention: Ms.Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 29th Floor, BDO Equitable Tower 8751 Paseo d
Slide 5: Investors' Briefing 2020 September-YTD Results
INVESTORS’ BRIEFING 2020 SEPTEMBER-YTD RESULTS November 05, 2020 SAN MIGUEL PACKAGING GROUP
Slide 6: San Miguel Corporation September-YTD 2020
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2020 1 3 0 TH A N N I V E R S A RY Source: https://www.facebook.com/officialsanmiguelcorp 2
Slide 7: 3rd Quarter Developments
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2020 3 RD Q U A RT E R D E V E L O P M E N T S - SMC received favorable decision from the SEC En Banc relating to the share swap transaction between SMC and SMFB - SMC redeemed Series 2-D preferred shares consisting of 89,333,400 shares amounting to P6.7 billion
Slide 8: San Miguel Corporation September-YTD 2020
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2020 IN MILLION CHANGES PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -31% -28% 531,134 758,634 -30% Income from Operations -74% -15% 41,456 88,746 -53% Net Income -115% 9% 10,746 39,695 -73% EBITDA -47% -4% 83,780 123,000 -32% 4
Slide 9: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -19% -5% 194,559 226,365 -14% Income from Operations -47% -24% 20,531 33,585 -39% Net Income -50% -15% 14,358 22,921 -37% 5
Slide 10: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -39% -12% 72,482 103,883 -30% Income from Operations -61% -20% 14,809 28,200 -47% Net Income -62% -8% 11,080 19,835 -44% 6
Slide 11: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales 1% 56% 25,343 21,430 18% Income from Operations 13% 112% 3,110 2,209 41% Net Income 28% 177% 2,212 1,325 67% 7
Slide 12: San Miguel Foods
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -1% -10% 96,737 101,054 -4% Income from Operations 111% -81% 2,658 3,209 -17% Net Income 199% -84% 1,548 1,783 -13% 8
Slide 13: San Miguel Foods September-YTD 2020
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2020 2 1 3 3 1 Feeds and veterinary medicine 2 Poultry and fresh meats 3 Refrigerated and canned meats, dairy, spreads, biscuits, and coffee 9
Slide 14: San Miguel Foods New Product Offerings
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2020 NEW PRODUCT OFFERINGS 10
Slide 15: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -19% -9% 22,246 26,360 -16% Income from Operations -81% -58% 649 2,493 -74% 11
Slide 16: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -21% -6% 87,866 105,142 -16% Income from Operations -1% -6% 28,989 29,974 -3% Net Income 25% 31% 14,480 11,385 27% 12
Slide 17: Petron Corporation
PETRON CORPORATION SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales -40% -49% 216,430 381,656 -43% Income from Operations -249% 2% (10,364) 13,871 -175% Net Income -643% 63% (12,606) 3,623 -448% 13
Slide 18: SMC Infrastructure
SMC INFRASTRUCTURE SEPTEMBER-YTD 2020 CHANGES IN MILLION PESOS 1H2020 3Q2020 9M2020 9M2019 CHANGE Net Sales* -46% -34% 10,271 17,792 -42% Income from Operations* -84% -59% 2,140 8,965 -76% *Manila North Harbor Ports results deconsolidated effective April 26, 2019 14
Slide 19: SMC Financial Position
SMC FINANCIAL POSITION As of September As of December IN BILLION PESOS 2020 2019 Total Assets 1,873 1,818 Cash 326 286 Interest –bearing Debt 938 852 Current Ratio 1.58x 1.46x Total Liabilities to Equity Ratio 2.17x 2.16x Interest-bearing Debt to Equity Ratio 1.58x 1.48x EBITDA-to-Total Interest Exp
Slide 20: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.smfb.com.ph Petron Corporation - www.petron.com SMC Global Power Holdings Corp