Slide 1: 2Q 2011 Business Results & Outlook
2Q 2011 Business Results & Outlook July 20, 2011
Slide 2: The business results for the second quarter of 2011 currently under audit review are
The business results for the second quarter of 2011 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 busine
Slide 3: Table of Contents
Table of Contents 2Q 2011 Business Results 1 Divisional Results & Outlook 3 Appendix 5
Slide 4: 2Q 2011 Business Results: Income Statements
2Q 2011 Business Results Income Statements (Unit: KRW bn) Classification ’10.2Q ’11.1Q ’11.2Q YoY QoQ Sales 5,028 5,491 5,700 13.4% 3.8% Operating Profits 828 835 775 ‐6.3% ‐7.2% (%) (16.5) (15.2) (13.6) Pre‐tax Income 822 841 786 ‐4.3% ‐6.5% (%) (16.3) (15.3) (13.8) Net Income 646 657 625 ‐3.3% ‐4.
Slide 5: Financial Position
2Q 2011 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’10 ’11.2Q Change Classification ’10 ’11.2Q Change Asset 12,674 14,207 12.1% Total Liabilities/ 61.6 62.1 0.5%p Cash and Equity (%) equivalents 1,368 990 ‐27.6% Borrowings / 26.8 28.0 1.2%p
Slide 6: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis 4,345 ▣ Achieved favorable business results despite weakened frontline 4,293 industries 3,765 26% 26% ‐NCC/PO : Maintained stable margin with PO premium products despite weak product prices NCC/PO 29% ‐PV
Slide 7: Divisional Results & Outlook: I & E Materials
Divisional Results & Outlook I & E Materials Business results Analysis (Unit: KRW bn) • Analysis ▣ Improved profitability thanks to operating rate increase, new product sales growth and cost reduction despite weak IT 1,285 1,331 demand 1,193 ‐Optical : Better profits thanks to gradual utilization ra
Slide 8: Sales & Operating Profit
Appendix Sales & Operating Profit (U nit: K RW bn) 2010 2011 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 4,423 5,028 5,021 4,999 19,471 5,491 5,700 11,191 Operating Profit 652 828 779 562 2,821 835 775 1,611 Petrochemicals 3,309 3,765 3,768 3,809 14,651 4,293 4,345 8,638 NCC/PO 948 1,08
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’10 ’11.2Q Classification ’10 ’11.2Q Total 2,101 2,450 Beginning Cash 1,107 1,368 (Overseas Subsidiaries) (824) (909) 100% 100% Operating/Investing 810 ‐405 KRW Currency 162 183 8% 7% Net Income 2,200
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’09 ’10 ’11 Plan ’11.2Q (YTD) New / Expansion 158 324 762 315 Petrochemicals Maintenance 132 237 263 150 Total 290 560 1,025 465 New / Expansion 472 814 973 514 I&E Maintenance 81 135 223 81 Materials Total 553 948 1,196 595 New / Expansion
Slide 11: Price Trends
Appendix Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,696 4,159 1,600 1,611 3,997 1,526 1,413 1,333 1,320 1,360 1,304 1,326 3,214 1,271 1,253 1,164 1,198 1,109 1,306 1,275 2,728 1,260 2,581 1,227 1,255 2,483 1,198 1,111 1,095 997 2,265 2,226 945 912 2,104 1,008 1,971 963 968 1,760 1,822 1,911 1,897 932