Slide 1: SEC Form 17-C Current Report
C02905-2017 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) May 10, 2017 2. SEC Identification Number 31171 3. BIR Tax Identification No. 000-168-801
Slide 2: PSE Disclosure Form 4-30 - Material Information/Transactions
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 disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing
Slide 3: Letter to PSE and PDEx on SMC Investors' Briefing
May 10, 2017 PHILIPPINE STOCK EXCHANGE, INC. Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Mr. Jose Valeriano B. Zuño III OIC, Head, Disclosure Department PHILIPPINE DEALING & EXCHANGE CORP. 37th Floor, Tower 1, The Enterprise C
Slide 4: San Miguel Corporation Investors' Briefing 2017 First Quarter Results
SAN MIGUEL CORPORATION INVESTORS’ BRIEFING 2017 FIRST QUARTER RESULTS 10 May 2017 SAN MIGUEL 2d San Miguel BREWERY INC. inl PETRON Foods
Slide 5: San Miguel Corporation
SAN MIGUEL CORPORATION FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 195,762 159,625 23% Income from Operations 27,513 22,822 21% Net Income 13,828 13,539 2% Net Income excluding Forex 14,832 9,181 62% EBITDA 35,458 31,473 13% investors’ briefing 2017 first quarter results 2
Slide 6: San Miguel Brewery Inc.
SAN MIGUEL BREWERY INC. FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 25,364 23,267 9% Income from Operations 6,677 6,050 10% Net Income 4,491 4,018 12% investors’ briefing 2017 first quarter results 3
Slide 7: Ginebra San Miguel Inc.
GINEBRA SAN MIGUEL INC. FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 5,136 3,934 31% Income from Operations 303 188 61% Net Income 129 54 138% investors’ briefing 2017 first quarter results 4
Slide 8: San Miguel Pure Foods Company Inc.
SAN MIGUEL PURE FOODS COMPANY INC. FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 26,661 25,980 3% Income from Operations 2,069 1,776 16% Net Income 1,465 1,218 20% investors’ briefing 2017 first quarter results 5
Slide 9: San Miguel Pure Foods Company Inc. - Agro-Industrial
SAN MIGUEL PURE FOODS COMPANY INC. Agro-Industrial IN MILLION PESOS REVENUE +2% 18,732 18,301 1Q2016 1Q2017 investors’ briefing 2017 first quarter results 6
Slide 10: San Miguel Pure Foods Company Inc. - Milling
SAN MIGUEL PURE FOODS COMPANY INC. Milling IN MILLION PESOS REVENUE +4% 2,450 2,363 1Q2016 1Q2017 investors’ briefing 2017 first quarter results 7
Slide 11: San Miguel Pure Foods Company Inc. - Branded Value-Added
SAN MIGUEL PURE FOODS COMPANY INC. Branded Value - Added IN MILLION PESOS REVENUE +3% 5,872 5,694 1Q2016 1Q2017 investors’ briefing 2017 first quarter results 8
Slide 12: San Miguel Packaging Group
SAN MIGUEL PACKAGING GROUP FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 6,839 6,503 5% Income from Operations 632 597 6% investors’ briefing 2017 first quarter results 9
Slide 13: SMC Global Power Holdings Corp.
SMC GLOBAL POWER HOLDINGS CORP. FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 19,353 19,931 -3% Income from Operations 6,040 7,310 -17% investors’ briefing 2017 first quarter results 10
Slide 14: Greenfield Power Projects - Malita
GREENFIELD POWER PROJECTS M A L I T A 2 X 15 0 M W POWER PLANT investors’ briefing 2017 first quarter results 11
Slide 15: Greenfield Power Projects - Limay
GREENFIELD POWER PROJECTS L I M A Y 4 X 15 0 M W POWER PLANT investors’ briefing 2017 first quarter results 12
Slide 16: Petron Corp.
PETRON CORP. FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 106,412 76,857 38% Income from Operations 8,858 5,764 54% Net Income 5,555 2,758 101% Volume (in million barrels) 26.2 25.3 3% investors’ briefing 2017 first quarter results 13
Slide 17: Petron Corp. Sales Volume Performance
PETRON CORP. SALES VOLUME PERFORMANCE (MM BARRELS) PH MY 15.7 16.2 9.6 10.0 1Q2016 1Q2017 1Q2016 1Q2017 investors’ briefing 2017 first quarter results 14
Slide 18: First Quarter 2017 Infrastructure Results
FIRST QUARTER 2017 IN MILLION PESOS 1Q2017 1Q2016 CHANGE Net Sales 5,326 4,692 14% Income from Operations 2,563 2,429 6% investors’ briefing 2017 first quarter results 15
Slide 19: NAIA Expressway
FIRST QUARTER 2017 NAIA EXPRESSWAY Completed ramps from Skyway investors’ briefing 2017 first quarter results 16
Slide 20: Boracay Airport
FIRST QUARTER 2017 BORACAY AIRPORT investors’ briefing 2017 first quarter results 17
Slide 21: Skyway Stage 3
FIRST QUARTER 2017 SKYWAY STAGE 3 Ongoing works on Section 1 Ongoing works on Section 3 Ongoing works on Section 4 investors’ briefing 2017 first quarter results 18
Slide 22: TPLEX
FIRST QUARTER 2017 TPLEX Installation of Median Barrier @ Brgy. Baligi Completed Aloragat Bridge investors’ briefing 2017 first quarter results 19
Slide 23: MRT-7
FIRST QUARTER 2017 MRT - 7 Initial drilling and excavation @ Doña Carmen Installation of rebar cage @ Doña Carmen investors’ briefing 2017 first quarter results 20
Slide 24: Bulacan Bulk Water
FIRST QUARTER 2017 BULACAN BULK WATER Bars & formworks installation Concrete pouring & lower ground wall Soil excavation & Slope trimming investors’ briefing 2017 first quarter results 21
Slide 25: SMC Financial Position
SMC FINANCIAL POSITION As of As of IN BILLION PESOS March 2017 December 2016 Total Assets 1,316 1,307 Cash 201 203 Interest –bearing Debt 520 518 Current Ratio 1.26x 1.26x Total Liabilities to Equity Ratio 1.96x 1.99x Interest-bearing Debt to Equity Ratio 1.17x 1.19x Net-Debt-to-EBITDA 1.88x 1.91x i
Slide 26: 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 Pure Foods Co. Inc. - www.sanmiguelpurefoods.com Petron Corporation - www.petron.com SMC Global Power Holdin