Lg Chem Ltd. · KRX:051910
Lg Chem — Q2 2013 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Jul 22, 2013
Slide 1: 2Q 2013 Business Results & Outlook
2Q 2013 Business Results & Outlook July 22, 2013
Slide 2: Disclaimer
Disclaimer The business results for the second quarter of 2013 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. The business results are subject to the IFRS(International Financial
Slide 3: Table of Contents
Table of Contents 2Q 2013 Business Results 1 Divisional Results & Outlook 3 Appendix 5 - Divisional Sales & Operating Profit - Borrowings & Cash Flow - CAPEX Plan & Results - Quarterly Price Trends - Monthly Price Trends
Slide 4: 2Q 2013 Business Results Income Statements
2Q 2013 Business Results Income Statements (Unit: KRW bn) Classification ’12.2Q ’13.1Q ’13.2Q YoY QoQ Sales 5,996 5,721 5,917 -1.3% 3.4% Operating Profit 499 409 502 0.5% 22.6% (%) (8.3) (7.1) (8.5) Pre-tax Income 480 415 510 6.2% 22.9% (%) (8.0) (7.2) (8.6) Net Income 374 340 401 7.2% 17.8% 1 / 12
Slide 5: 2Q 2013 Business Results Financial Position
2Q 2013 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’12 ’13.2Q Change Classification ’12 ’13.2Q Change Asset 16,581 17,959 8.3% Total Liabilities/ 54.0 58.7 4.7%p Cash and Equity (%) equivalents 1,341 2,033 51.6% Borrowings / 27.4 29.2 1.8%p
Slide 6: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis ▣ Earnings improved based on stabilized feedstock costs and 4,521 4,536 differentiated product mix 4,353 -NCC/PO : Increased profits with spread recovery by stabilized naphtha costs and increased premium
Slide 7: Divisional Results & Outlook: I&E Materials/Energy Solution
Divisional Results & Outlook I&E Materials/Energy Solution Business results Analysis (Unit: KRW bn) • Analysis ▣ Despite limited seasonal demand increase, earnings improved thanks to sales increase of strategic products & cost reduction stemming from weak JPY - I&E : Recorded improved profitability
Slide 8: Divisional Sales & Operating Profit
Appendix Divisional Sales & Operating Profit (Unit: KRW bn) 2012 2013 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 5,753 5,996 5,834 5,681 23,263 5,721 5,917 11,638 Operating Profit 447 499 601 364 1,910 409 502 910 Petrochemicals 4,491 4,521 4,366 4,201 17,579 4,353 4,536 8,889 NCC/PO 1
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’12 ’13.2Q Classification ’12 ’13.2Q Total 2,947 3,307 Beginning Cash 1,379 1,341 (Overseas Subsidiaries) (1,024) (1,245) 100% 100% Operating/Investing -143 627 KRW Currency 812 807 28% 24% Net Income
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’11 ’12 ’13 Plan ’13.1H New / Expansion 664 784 549 247 Petrochemicals Maintenance 296 226 245 105 Total 960 1,009 795 352 New / Expansion 332 242 744 137 I&E Maintenance 103 90 135 50 Materials Total 434 332 878 187 New / Expansion 660 395
Slide 11: Quarterly Price Trends
Appendix Appendix Quarterly 분기별 제품가격 Price Trends 추이 (Unit:U$/MT) (Unit:U$/MT) Acrylate/ Rubber/ NCC/PO PVC ABS/EP Plasticizer Specialty Polymers • The prices are average price of CFR FE Asia for general grade in each product group. 8 12 / 12
Slide 12: Monthly Price Trends
Appendix Monthly Price Trends (Unit:U$/MT) (Unit:U$/MT) Acrylate/ Rubber/ NCC/PO PVC ABS/EP Plasticizer Specialty Polymers • The prices are average price of CFR FE Asia for general grade in each product group. * Shows the prices on July 12, 2013 129 / 12 9