Slide 1: Cosco Capital, Inc. 9M2017 Financial Results
Cosco Capital, Inc. 9M2017 Financial Results Investor Presentation 1
Slide 2: Disclaimer
DISCLAIMER These presentations and/or other documents have been written and presented by COSCO CAPITAL, INC. (COSCO). COSCO is solely responsible for the accuracy and completeness of the contents of such presentations and/or other documents. Third parties, other than COSCO, do not have any responsib
Slide 3: Agenda
Agenda • 9M2017 Consolidated Financial Results • Core Businesses • Grocery Retailing • Liquor Distribution • Specialty Retailing • Commercial Real Estate 3
Slide 4: 9M2017 Consolidated Financial Highlights
9M2017 Consolidated Financial Highlights (In PHP millions) REVENUES GROSS PROFIT 129,189 +12.1% +12% 116,752 25,000 24,800 24,600 24,400 24,200 21,912 19,964 24,000 23,800 23,600 23,400 23,200 23,000 37.0% 22,800 22,600 22,400 22,200 98,787 101,861 22,000 21,800 21,600 21,400 21,200 21,000 20,800 20
Slide 5: Revenue Contribution
Revenue Contribution Consolidated Revenues 9M2017 9M2016 Liquor Distribution Commercial Commercial Real Estate Liquor Distribution Real Estate 3% Speciality 1% 3% 1% Speciality Retailing Retailing 9% 10% Grocery Grocery Retailing Retailing 86% 87% PHP 101.9 billion PHP90.8 billion 5
Slide 6: Net Income Contribution
Net Income Contribution 9M2017 9M2016 Head Office Head Office Expenses Expenses -5% -3% Commercial Commercial Real Estate Real Estate 23% 24% Grocery Grocery Liquor Retailing Liquor Retailing Distribution Distribution 57% 58% 12% 12% Speciality Speciality Retailing Retailing 10% 12% PHP3.42 billion
Slide 7: Grocery Retailing: 9M2017 Financial Highlights
Grocery Retailing: 9M2017 Financial Highlights (In PHP millions) Revenues Gross Profit 112,589 +11.2% +12% Key Highlights 97,172 20,000 18,538 16,489 42.0% 84,697 87,564 14,760 12,904 14,448 • 11,2% growth in Consolidated 18,000 78,737 16,000 37.0% 14,000 12,000 Net Sales to PHP87.56 billion, 32.0%
Slide 8: Grocery Retailing: Recent Developments
Grocery Retailing: Recent Developments • Puregold opened 17 new stores out of targeted 25 new stores • S&R opened 1 new warehouses and 8 new S&R New York Style Pizza restaurants (QSR) • As of 9M2017, the Grocery Retailing segment is operating a total of 352 stores NE PUREGOLD S&R S&R QSR Budgetlane
Slide 9: Liquor Distribution: Products
Liquor Distribution: Products Brandy Brandy Tequila Alfonso Fundador Jose Cuervo Alfonso Light Fundador Light Whiskey Excelente Bushmills Whiskey Chivas Regal Tequila Jim Beam Patron Glenfiddich Cognac Martel Whiskey Vodka Johnnie Walker Absolut Jack Daniels Liqueurs Jagermeister Various Wines Speci
Slide 10: Liquor Distribution: 9M2017 Financial Highlights
Liquor Distribution: 9M2017 Financial Highlights (In PHP millions) Revenues Gross Profit +9.7% 2,000 40.0% 5,677 5,904 1,800 +16% Key Highlights 4,841 1,600 1,344 35.0% 4,067 1,400 1,188 1,299 3,707 946 1,200 30.0% 1,000 814 • Revenues growth due to the 17% 800 25.0% increase in volume of cases sold
Slide 11: Liquor Distribution: Total Volume Sales
Liquor Distribution: Total Volume Sales • 17% growth in total volume of cases sold • Growth driven by the increase in the brandy segment. INCREASE CATEGORY 9M2017 % 9M2016 % % (DECREASE) Brandy 835,094 63% 705,137 62% 129,957 18% Other spirits 226,292 17% 227,132 20% (839) 0% Wines 129,339 10% 100,1
Slide 12: Liquigaz: 9M2017 Financial Highlights
Liquigaz: 9M2017 Financial Highlights (In PHP millions) Revenues Gross Profit 18,956 24.4% 33.6% 1,014 932 11,854 1,000 900 742 803 27.0% Key Highlights 8,927 9,000 800 700 646 22.0% 6,739 600 500 17.0% • Increase in Revenues due to 400 300 12.0% gradual recovery in LPG prices 200 9.6% 8.9% 7.0% and
Slide 13: Office Warehouse, Inc. 9M2017 Financial Highlights
Office Warehouse, Inc. 9M2017 Financial Highlights (In PHP millions) Gross Profit Revenues +19.4% +20% 1,535 500 417 40.0% 1,302 1,381 450 354 362 1,043 1,156 400 302 35.0% 268 Key Highlights 350 300 30.0% 250 200 150 27.2% 27.2% 26.1% 26.2% 25.0% • Opened 9 new stores and closed 100 25.7% 20.0% dow
Slide 14: Commercial Real Estate: 9M2017 Financial Highlights
Commercial Real Estate: 9M2017 Financial Highlights (In PHP millions) Key Highlights Revenues Gross Profit • Increase in Net Income due to controlled expenses and 2,423 2,326 -4.6% 1,600 1,464 1,404 -6% 80% efficient operations 2,210 1,400 1,275 75% 1,739 1,659 1,200 1,049 984 70% 1,000 65% 9M2017 R
Slide 15: Commercial Real Estate: Property Portfolio
Commercial Real Estate: Property Portfolio Key statistics Geographic coverage GLA/Lot Investment Category 1H2017 Area cost in sq.m.in PHP million Metro Manila Land under • 13 Commercial Buildings 9 146,148 4,243.50 lease • 5 Land under lease Commercial 29 259,215 12,973.30 Buildings Luzon Total 38 4
Slide 16: Thank you.
Thank you. www.coscocapital.com