Slide 1: Grindrod Limited Additional Information for Analysts
FINANCIAL FREIGHT ++FINANCIAL FREIGHT www.grindrod.com Grindrod Limited Additional Information for Analysts for the six months ended 30 June 2018 Wifi access | guest@sun www.grindrod.com
Slide 2: Management Segmental Balance Sheets as at 30 June 2018
FINANCIAL + FREIGHT MANAGEMENT SEGMENTAL BALANCE SHEETS AS AT 30 JUNE 2018 MARINE FUEL PORT AND TOTAL DIS- AND AGRICULTURAL FINANCIAL CONTINUING CONTINUED TOTAL R000 TERMINALS LOGISTICS LOGISTICS SERVICES GROUP OPERATIONS OPERATIONS GROUP Fixed assets 1 149 040 961 581 51 265 190 978 578 108 2 930 9
Slide 3: Other Segmental Information as at 30 June 2018
FINANCIAL + FREIGHT OTHER SEGMENTAL INFORMATION AS AT 30 JUNE 2018 MARINE FUEL AND TOTAL PORT AND AGRICULTURAL FINANCIAL SEGMENTAL CONTINUING R000 TERMINALS LOGISTICS LOGISTICS SERVICES GROUP ADJUSTMENTS OPERATIONS Depreciation and amortisation (52 190) (90 527) (4 695) (2 666) (1) 62 510 (87 569) N
Slide 4: Other Segmental Information as at 30 June 2017
FINANCIAL + FREIGHT OTHER SEGMENTAL INFORMATION AS AT 30 JUNE 2017 MARINE FUEL AND TOTAL PORT AND AGRICULTURAL FINANCIAL SEGMENTAL CONTINUING R000 TERMINALS LOGISTICS LOGISTICS SERVICES GROUP ADJUSTMENTS OPERATIONS Depreciation and amortisation (52 983) (84 347) (4 595) (2 708) 2 572 46 648 (95 413)
Slide 5: Headline Earnings by Division – Continuing Operations H1 2018
FREIGHT ++FINANCIAL FINANCIAL FREIGHT FREIGHT HEADLINE EARNINGS BY DIVISION – CONTINUING OPERATIONS H1 2018 600 400 42 (24) 285 104 88 200 74 R million - (200) (400) (600) Port and Terminals Logistics Financial Services Marine Fuel and Group Total Agricultural Logistics GRINDROD LIMITED ADDITIONAL I
Slide 6: Headline Earnings by Division – Continuing Operations H1 2017
FREIGHT ++FINANCIAL FINANCIAL FREIGHT FREIGHT HEADLINE EARNINGS BY DIVISION – CONTINUING OPERATIONS H1 2017 600 400 80 24 (23) 231 34 200 116 R million - (200) (400) (600) Port and Terminals Logistics Financial Services Marine Fuel and Group Total Agricultural Logistics GRINDROD LIMITED ADDITIONAL I
Slide 7: Segmental analysis for continuing operations
Segmental analysis for continuing operations for the six months ended 30 June 2018 Unaudited Unaudited Audited 30 June 30 June 31 December GRINDROD LIMITED 2018 2017 2017 R000 R000 R000 Re-presented* Revenue Port and Terminals 411 598 421 159 874 607 AS AT 30 JUNE 2018 Logistics 1 246 062 1 139 247
Slide 8: Legal Net Cash/(Debt) Breakdown as at 30 June 2018
FINANCIAL + FREIGHT LEGAL NET CASH/(DEBT) BREAKDOWN AS AT 30 JUNE 2018 Including Financial Excluding Financial Services Services R 000 Net cash/(debt) Net cash/(debt) Loans and advances to bank customers 7 524 148 − Liquid assets and short-term negotiables 2 209 999 − Bank and cash 11 105 598 1 511
Slide 9: Freight Services Contribution by Business Unit
FINANCIAL + FREIGHT FREIGHT SERVICES CONTRIBUTION BY BUSINESS UNIT Please note that these KPIs are as per the management structure (JVs are proportionally consolidated line by line i.e. revenue will be higher than revenue in the legal structure, where JVs are accounted for in one line). Discontinued
Slide 10: Freight Services Contribution by Business Unit
FINANCIAL + FREIGHT FREIGHT SERVICES CONTRIBUTION BY BUSINESS UNIT Please note that these KPIs are as per the management structure (JVs are proportionally consolidated line by line i.e. revenue will be higher than revenue in the legal structure, where JVs are accounted for in one line). Discontinued
Slide 11: Market Outlook
FINANCIAL FREIGHT ++FINANCIAL FREIGHT ADDITIONAL Market Outlook
Slide 12: South African National Port Volumes – YTD 2018
FINANCIAL + FREIGHT SOUTH AFRICAN NATIONAL PORT VOLUMES – YTD 2018 TEUs YTD 2018 YTD 2017 Variance Variance % Deep sea landed full 801 814 578 577 222 237 39 Deep sea landed empty 122 348 115 929 6 419 6 Deep sea shipped full 594 065 467 178 126 887 27 Deep sea shipped empty 368 136 212 491 155 645
Slide 13: Auto Industry Sector – South Africa
FINANCIAL + FREIGHT AUTO INDUSTRY SECTOR – SOUTH AFRICA 800 000 600 000 Vehicle units 400 000 200 000 0 2012 2013 2014 2015 2016 2017 2018 South Africa: Vehicle imports, units South Africa: Vehicle exports, units (includes M&HCVs) South Africa: Vehicle production South Africa: Domestic sales f = BMI
Slide 14: SA Motor Industry Sales
FINANCIAL + FREIGHT SA MOTOR INDUSTRY SALES Domestic sales Export sales 2018 2017 2016 2018 2017 2016 January 45 888 50 333 48 615 14 212 11 659 13 057 February 46 347 48 113 48 149 27 437 29 388 29 308 March 49 233 48 534 47 631 27 438 25 020 27 714 April 36 346 34 956 40 390 24 422 24 449 32 856 M
Slide 15: South African Coal Exports
FINANCIAL FREIGHT ++FINANCIAL FREIGHT SOUTH AFRICAN COAL EXPORTS South African Coal Exports (excluding India) South African Coal Exports to India mnt 6 mnt 20 5 18 4 16 3 14 2 1 12 - 10 2017H1 (kg) 2018H1 (kg) 2017H1 (kg) 2018H1 (kg) Source: Afriforesight Commodities, July 2018 GRINDROD LIMITED ADDI
Slide 16: South African Thermal Coal Exports
FINANCIAL FREIGHT ++FINANCIAL FREIGHT SOUTH AFRICAN THERMAL COAL EXPORTS Million tonnes per year Source: Braemer ACM, July 2018 GRINDROD LIMITED ADDITIONAL INFORMATION FOR ANALYSTS for the six months ended 30 June 2018 (S16)
Slide 17: Disclaimer
FINANCIAL + FREIGHT DISCLAIMER Statements contained throughout this presentation regarding the prospects of the group have not been reviewed or reported on by the group's external auditors. The information supplied herein is believed to be correct but the accuracy thereof is not guaranteed and the c
Slide 18: + FREIG H T
FINANCIAL + FREIGHT www.grindrod.com wwww.grindrod.com w w.grindrod.com GRINDROD LIM ITED GRINDROD LIMITED FREIGHT + FINANCIAL FIN AN CIAL + FREIG H T