Slide 1: SEC Form 17-C Current Report
C07624-2018 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report (Date of earliest event reported) Nov 13, 2018 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 - Material Information
PCOR SERIES D BONDS DUE 2025 (IN MIL 6,800 PESO) TOTAL DEBT AS OF SEPT 30, 2018 (IN MIL 290,924 PESO-CONSO) 11. Indicate the item numbers reported herein Item 9 The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disc
Slide 3: Designation Legal Manager and Assistant Corporate Secretary
Designation Legal Manager and Assistant Corporate Secretary
Slide 4: Letter to Philippine Stock Exchange
November 13, 2018 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Ms.Janet A. Encarnacion Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise Center 6
Slide 5: Investors' Briefing 2018 September YTD Results
INVESTORS’ BRIEFING 2018 SEPTEMBER YTD RESULTS November 13, 2018
Slide 6: Recent Developments: Petron P20 billion Fixed Rate Peso Bonds
SAN MIGUEL CORPORATION RECENT DEVELOPMENTS Petron issuance of P20 billion Fixed Rate Peso Bonds Issued and Listed - October 19, 2018 (In Billion Php) Rates Tenor Series C due 2024 13.2 7.8183% 5.5 years p.a Series D due 2025 6.8 8.0551% 7 years p.a 2
Slide 7: Recent Developments: San Miguel Food and Beverage Follow-on Offering
SAN MIGUEL CORPORATION RECENT DEVELOPMENTS San Miguel Food and Beverage Inc. follow-on shares offering Firm shares 400,940,590 Greenshoe shares 60,141,090 Offer shares 461,081,680 Price per share P85.00 TOTAL equivalent amount P39.2 billion 2
Slide 8: San Miguel Corporation Consolidated Results
SAN MIGUEL CORPORATION SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 761,173 596,998 28% Income from Operations 98,044 82,760 18% Recurring Net Income 52,405 43,783 20% EBITDA 124,847 108,786 15% 2
Slide 9: San Miguel Food and Beverage, Inc.
SAN MIGUEL FOOD AND BEVERAGE, INC. SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 206,620 180,436 15% Income from Operations 34,025 29,039 17% Net Income 22,929 19,556 17% 3
Slide 10: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 93,362 80,656 16% Income from Operations 25,912 21,408 21% Net Income 17,762 14,394 23% 5
Slide 11: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 17,915 15,330 17% Income from Operations 1,328 875 52% Net Income 789 437 81% 6
Slide 12: San Miguel Food Group
SAN MIGUEL FOOD GROUP SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 95,345 84,452 13% Income from Operations 6,779 6,750 0% Net Income 4,372 4,719 -7% 7
Slide 13: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 27,143 22,360 21% Income from Operations 2,434 2,162 13% 13
Slide 14: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 89,111 62,117 43% Income from Operations 25,753 19,668 31% 14
Slide 15: Petron Corp.
PETRON CORP. SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 419,861 313,505 34% Income from Operations 22,252 22,071 1% Net Income 12,057 11,761 3% 15
Slide 16: SMC Infrastructure
SMC INFRASTRUCTURE SEPTEMBER-YTD 2018 IN MILLION PESOS 2018 2017 CHANGE Net Sales 18,129 16,520 10% Income from Operations 8,905 8,086 10% 17
Slide 17: SMC Financial Position
SMC FINANCIAL POSITION As of As of IN BILLION PESOS September 2018 December 2017 Total Assets 1,636 1,380 Cash 207 206 Interest –bearing Debt 777 549 Current Ratio 1.29x 1.40x Total Liabilities to Equity Ratio 2.42x 1.93x Interest-bearing Debt to Equity Ratio 1.62x 1.17x Net-Debt-to-EBITDA 2.95x 1.8
Slide 18: Thank You
THANK YOU. VISIT OUR WEBSITES San Miguel Corporation - www.sanmiguel.com.ph San Miguel Brewery Inc. - www.sanmiguelbrewery.com.ph Ginebra San Miguel Inc. - www.ginebrasanmiguel.com San Miguel Food and Beverage, Inc. - www.smfb.com.ph Petron Corporation - www.petron.com SMC Global Power Holdings Corp