San Miguel Corporation · PSE:SMC
San Miguel — H1 2012 Earnings Presentation
13 slides from San Miguel's earnings presentation, Aug 13, 2012
Slide 1: Letter to PSE Disclosure Department
August 13, 2012 PHILIPPINE STOCK EXCHANGE, INC. (PSE) Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Subject: SMC Investors’ Briefing for 1st Half 2012 Gentlemen: We are forwar
Slide 2: Investors' Briefing 2nd Quarter 2012 Results
Investors’ Briefing 2n¢ Quarter 2012 Resulty food beverage packaging 1) power & energy oil refining infrastructure mining property telecommunications aviation
Slide 3: Preferred shares offering terms
© 1,110 million Series “1” preferred shares * 1,100 million Series “2” preferred shares * 1,067 million cumulative, non-voting, non-participating, non-convertible preferred shares Issue price of 75.00 or a total size of Php72B, subject to upsize of up to Php80.25B se
Slide 4: Consolidated Financial Highlights
Consolidated Financial Highlights 3. Net Sales 329.5 263.3 25% Income from Operations 25.1 fe -20% Net Income before minority 18.6 16.6 12% interest Net Income attributable to equity holders of the parent company we a ves Recurring EBITDA 38.4 40.2 -5% First Semester 2012 oo OO
Slide 5: San Miguel Brewery Inc.
San Miguel Brewery Inc. J. Net Sales 36,884 35,593 4% Income from Operations 10,828 10,244 6% Volume (mil cases) 111.6 114.7 -3% Domestic 91.8 95.0 -3% International 19.8 19.7 0% First Semester 2012 oo
Slide 6: Ginebra San Miguel Inc.
Ginebra San Miguel Inc. es, Net Sales 7,226 8,191 -12% Income from Operations (157) (186) 16% Volume (mil cases) 11.7 13.8 -15% First Semester 2012 ooo OO
Slide 7: San Miguel Food Group
San Miguel Food Group ere, a | Net Sales 45,350 42,310 7% Income from Operations 1,862 2,998 — -38% First Semester 2012 oo OO
Slide 8: San Miguel Packaging Group
San Miguel Packaging Group 3. a | Net Sales 11,879 11,981 -1% Income from Operations 1,124 1,070 5% First Semester 2012 oo |
Slide 9: SMC Global Power
SMC Global Power ZZ Net Sales 39,492 35,562 11% Income from Operations 8,833 7,550 17% Net Generation (GWH) 8,081 7,227 12% First Semester 2012
Slide 10: Petron Corporation
Petron Corporation EASES, Net Sales 193,299 = 134,897 43% Income from Operations 4,399 10,991 -60% Fuel (‘000 barrels) 32,483 23,216 40% First Semester 2012 <<
Slide 11: Other Businesses
Other Businesses cote a __| * Projects proceeding as scheduled * Will generate revenues by 1Q2013 * New B777-300ER aircraft delivered last June 2012 eee
Slide 12: Financial Position
Financial Position ee TOTAL ASSETS CASH BALANCE INTEREST-BEARING DEBT CURRENT RATIO DEBT-TO-EQUITY RATIO INTEREST-BEARING-DEBT-TO- EQUITY RATIO 2-MONTH ROLLING EBITDA
Slide 13: Thank you
Thank you Visit our websites: ‘San Miguel Corporation www.samoniguel.com.ph ‘San Miguel Brewery Inc. www.sauniguelbrewery.comph Ginebra San Miguel Inc. www.ginebrasamniguel.com ‘San Miguel Pure Foods Inc. www.samniguelpurefoods.com Petron Corporation www.petron.com Contact us: SMC Investor Relations