PT Unilever Indonesia Tbk · IDX:UNVR
PT Unilever Indonesia Tbk — Investor Presentation (2012)
27 slides from PT Unilever Indonesia Tbk's investor presentation, Oct 20, 2012
Slide 1: Making a Sustainable Future
MAKING A SUSTAINABLE FUTURE Q=
Slide 2: Agenda
AGENDA • Unilever Indonesia • Making a Sustainable Future
Slide 3: Unilever Indonesia
Unilever Indonesia MAKING A SUSTAINABLE FUTURE
Slide 4: Strong local roots with years of history
UNILEVER INDONESIA STRONG LOCAL ROOTS WITH 78 YEARS OF HISTORY 1981 1990 1995 1999 2008 Went public and listed 15% Acquired Tea Moved Angke Plant to Acquired Fabrics Established the biggest Skin shares on the Jakarta & business - Cikarang, Bekasi Conditioner and Household Care factory in Asia in Sur
Slide 5: Legal structure
UNILEVER INDONESIA LEGAL STRUCTURE Unilever Indonesia Public Holding B.V. Public 2% 98% * 85% 15% PT Unilever Body Care Indonesia, Tbk PT Unilever Indonesia, Tbk Technopia Singapore Pte Ltd. 100% 51% 49% PT Anugerah Lever Graha Unilever PT Technopia Lever (in liquidation)
Slide 6: A +$2.6 billion FMCG company
UNILEVER INDONESIA A +$2.6 billion FMCG company Category Split 25% • Operate in 14 categories • 43 key brands, 1000 SKUs 75% Home and Personal Care • Customers: MT 40% : GT 60% • Every house use at least one Unilever products Home and Personal Care Foods and Ice Cream Foods and Ice Cream ULI Distrib
Slide 7: Sales, net profits and dividends paid
SALES, NET PROFITS AND DIVIDENDS PAID Sales (Rp Tn) Net Profits (Rp Tn) 23.5 4.2 19.7 18.2 3.4 3.0 15.6 2.4 12.5 11.3 2.0 10.0 1.7 9.0 1.5 1.4 8.1 7.0 1.3 6.0 1.0 4.2 4.9 0.8 0.9 0.5 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 4.5 Dividends
Slide 8: Profit & Loss – 2010 vs 2011
PROFIT&LOSS–2010 vs 2011 Rp Trillion 2010 2011 Growth Sales 19.7 23.5 +19.2% Gross Profit 10.2 12.0 +17.8% % Sales 51.8% 51.2% Operating Profit 4.5 5.4 +19.3% % Sales 23.1% 23.1% Profit/total 3.4 4.2 +22.9% comprehensive income attributable to the owners of the parent % Sales 17.2% 21.1% ROE 83.7% 1
Slide 9: 2011 Highlights
2011 HIGHLIGHTS Sales growth at +19.2% with total sales exceeding Rp 23.5 trillion. Healthy Gross Margin at 51.2%. Net Margin at above 15% sustained over 16 years. Earnings Per Share increased by 23%. Gains in market shares and leading in most of the key categories despite the challenging ec
Slide 10: Balance Sheets: 2007-2011
BALANCE SHEETS: 2007 -2011 Rp Bn 2007 2008 2009 2010 2011 Cash & Bank 885 722 858 318 336 Current Assets 1,809 2,381 2,743 3,430 4,110 Non-current Assets 2,639 3,401 3,883 4,953 6,036 Total Assets 5,333 6,504 7,485 8,701 10,482 Current Liabilities 2,428 3,091 3,589 4,403 6,475 Non-current Liabilitie
Slide 11: Profit & Loss – Q1 2011 vs 2012
PROFIT&LOSS– Q1 2011 vs 2012 Rp Trillion 2011 2012 Growth Sales 5.7 6.6 +16.5% Gross Profit 2.9 3.3 % Sales 51.0% 50.2% +14.8% Operating Profit 1.3 1.6 +18.9% % Sales 23.3% 23.8% Profit/total comprehensive income 0.99 1.2 +17.6% attributable to the owners of the parent % Sales 17.4% 17.6% ROE 107.2%
Slide 12: Q1 2012 Highlights
Q1 2012 HIGHLIGHTS Sales growth of 16.5% to reach close to Rp 6.6 trillion, despite intense competition. Earning Per Share at Rp.152 with healthy net margin at 17.7%. Strong Balance Sheet and Cash flows, with Net Cash of Rp 1.3 trillion.
Slide 13: Making a Sustainable Future
Making A Sustainable Future
Slide 14: Sustainable Growth Model
SUSTAINABLE GROWTH MODEL Vision, Values, Good Corporate Governance
Slide 15: Vision and Values
VISION AND VALUES We work to create a better future everyday We help people feel good, look good and get more out of life with brands and services that are good for them and good for others We will inspire people to take small everyday actions that can add up to a big difference for the world We wil
Slide 16: Corporate Governance
CORPORATE Corporate GOVERNANCE Governance AGMS BoC: One affiliated and four independent Commissioners » Audit Committee, Remuneration and Nomination Committee BoD: Ten Directors; 7 male, 3 female; » Risk Management Committee Corporate Secretary, Head of Internal Audit
Slide 17: Corporate Governance
CORPORATE Corporate GOVERNANCE Governance All elements of GCG (Transparency, Accountability, Responsibility, Independency and Fairness) are well implemented and beyond compliance: » Full compliance to government law and regulations, incl. Bapepam and BEI regulations » Full compliance to PSAK, IFRS,
Slide 18: Brands and Innovation
BRANDS AND INNOVATION Strong Portfolio Leading position in almost all categories Appeal to More Consumers – Across Needs and Price Points Position Price Index Skin Care 1 (Rp/ml) Hair Care 1 Skin Cleansing 1 Deodorants 1 > 150 Oral Care 1 Dish Wash Liquid 1 Fab Cond 1 100 - 150 Fab Clean 2 Savoury**
Slide 19: Brands and Innovation: Market Development
BRANDS AND INNOVATION Market Development Body Deodorant Product Proposition Ice Cream
Slide 20: Execution Powerhouse
EXECUTION POWERHOUSE More Stores, Better Stores, Better Served, Execute with Scale Perfect Stores in GT and MT 2
Slide 21: Cost Competitive Organisation
COST COMPETITIVE ORGANISATION Competitive Production Cost 1. Low cost local based supply 2. Lowest conversion cost - Technology to leverage scale - Cost optimization culture - Continuous improvement program 60% of our products priced at < €60¢ Competitive Overheads Overhead (% to Sales) 6.50% 6.00%
Slide 22: Great People
GREAT PEOPLE Great Place to Work •Asia’s Best Employer Brand Awards CMO Asia, 2009-2010 •Asia’s Most Admired Knowledge Enterprise Teleos, 2005-2011 •Global Most Admired Knowledge Enterprise Teleos, 2011 Strong Set of Values Talent Development Talent Retention •Integrity •Strong Management Trainee •L
Slide 23: Sustainable Living
SUSTAINABLE LIVING IMPROVED HEALTH ENHANCED AND WELL-BEING LIVELIHOODS We will enhance the livelihoods of hundreds of thousands of people as we grow our business. We will help more than 1 billion people take action to improve their health and well-being. SUSTAINABLE § BETTER SOURCING LIVELIHOODS Wew
Slide 24: Sustainable Living
SUSTAINABLE LIVING Improved Health and Well-Being Reduced Environment Impact Enhanced Livelihood We will help more than 1 billion Our goal is ½ the environmental We will enhance the livelihood of hundreds of thousands people take action to improve their footprint of the making and use of of people a
Slide 25: Sustainable Business Performance
SUSTAINABLE BUSINESS PERFORMANCE CAGR 2000 – 2011 = 15.3% Sales (Rp Tn) Profit (Rp Tn) 25 23.5 4.5 4.2 20 4.0 3.4 20 3.5 3.0 15 2.5 10 2.0 10 1.4 1.5 5 0.8 5 1.0 0.5 - - 00 01 02 03 04 05 06 07 08 09 10 11 00 01 02 03 04 05 06 07 08 09 10 11 Share Price (Rp) Market Capitalization 20,000 18,800 15,00
Slide 26: Sustainable Growth Model
SUSTAINABLE GROWTH MODEL Our business model is designed to deliver SUSTAINABLE GROWTH, where sustainable means four things: a. It is consistent b. It is competitive c. It is profitable, and d. It meets major social and environmental needs Vision, Values, Good Corporate Governance To earn love and re
Slide 27: Thank You
THANK YOU ~ \ =