San Miguel Corporation · PSE:SMC
San Miguel — 9M 2021 Earnings Presentation
15 slides from San Miguel's earnings presentation, Nov 11, 2021
Slide 1: Analysts' Briefing: 2021 September-YTD Results
ANALYSTS’ BRIEFING 2021 SEPTEMBER-YTD RESULTS November 11, 2021
Slide 2: San Miguel Corporation September-YTD 2021
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 650,573 531,134 22% Income from Operations 87,739 41,456 112% Net Income 34,152 10,746 218% EBITDA 118,125 83,780 41% 2
Slide 3: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 221,746 194,559 14% Income from Operations 32,806 20,531 60% Net Income 24,184 14,358 68% 3
Slide 4: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 82,082 72,482 13% Income from Operations 18,182 14,809 23% Net Income 14,049 11,080 27% 4
Slide 5: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 30,720 25,343 21% Income from Operations 4,078 3,110 31% Net Income 3,170 2,212 43% 5
Slide 6: San Miguel Foods
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 108,950 96,737 13% Income from Operations 10,552 2,658 297% Net Income 7,573 1,548 389% 6
Slide 7: San Miguel Foods
SAN MIGUEL FOODS (a Division of San Miguel Food and Beverage, Inc.) SEPTEMBER-YTD 2021 2 1 3 3 1 Feeds and veterinary medicine 2 Poultry and fresh meats 3 Refrigerated and canned meats, dairy, spreads, biscuits, and coffee 7
Slide 8: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 22,511 22,246 1% Income from Operations 831 649 28% 8
Slide 9: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 93,867 87,866 7% Income from Operations 24,909 28,989 -14% Net Income 13,694 14,480 -5% 9
Slide 10: Petron Corporation
PETRON CORPORATION SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 291,573 216,430 35% Income from Operations 13,411 (10,364) 229% Net Income 4,985 (12,606) 140% 10
Slide 11: SMC Infrastructure
SMC INFRASTRUCTURE SEPTEMBER-YTD 2021 IN MILLION SEPTEMBER-YTD 2021 PESOS 9M2021 9M2020 CHANGE Net Sales 13,273 10,271 29% Income from Operations 4,317 2,140 102% 11
Slide 12: Recent Transactions
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2021 RECENT TRANSACTIONS - SMC completed the redemption of its Series 2C and 2E Preferred Shares consisting of 255,559,400 shares and 134,000,100 shares,respectivelylastSeptember21,2021. - Petron Corp. issued and listed in the PDEx last Oct. 12, 2021 its P18.0 bi
Slide 13: SMC Financial Position
SMC FINANCIAL POSITION SEPTEMBER-YTD 2021 As of September As of December IN BILLION PESOS 2021 2020 Total Assets 1,992 1,912 Cash 321 347 Interest –bearing Debt 957 908 3.38x 1.92x 2.44x 1.60x 1.93x 1.39x 1.43x 1.41x 0.81x 0.71x Current Ratio Total Liabilities to Interest-bearing Debt EBITDA-to-Tota
Slide 14: ESG Projects
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2021 ESG PROJECTS PAOMBONG BULACAN SARIAYA QUEZON CABUYAO LAGUNA MANGROVE PLANTATION SAN MIGUEL MARKET CIRCOLO MARKET BULACAN BULK WATER TULLAHAN RIVER AND STAGE 3 PASIG RIVER CLEANUP * Source: https://www.sanmiguel.com.ph/ 14
Slide 15: Thank You
THANK YOU. For any additional queries, you may email: SMCInvestorRelations@sanmiguel.com.ph VISIT OUR WEBSITES CONTACT US AT INVESTOR RELATIONS San Miguel Corporation - www.sanmiguel.com.ph SMC +632 8632 3422/+632 8632 3423 San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph SMFB +632 8632 3417 Pe