Siemens Pakistan Engineering Co. Limited · PSX:SIEM
Siemens Pakistan Engineering — Siemens Financial Services — Investor Day (September 2012)
20 slides from Siemens Pakistan Engineering's investor day presentation, Sep 24, 2012
Slide 1: Siemens Financial Services Strategy Update
Siemens Financial Services Strategy Update Munich, September 24th, 2012 Roland Chalons-Browne, CEO Financial Services Copyright © Siemens AG 2012. All rights reserved
Slide 2: Safe Harbour Statement
Safe Harbour Statement This document includes supplemental financial measures that are or may be non-GAAP financial measures. New orders and order backlog; adjusted or organic growth rates of revenue and new orders; book-to-bill ratio; Total Sectors profit; return on equity (after tax), or ROE (afte
Slide 3: SFS executed on profitable growth strategy through business cycles
SFS executed on profitable growth strategy through business cycles Pre tax After tax 31.6 31.4 30.2 ROE 25.9 23.4 in % 22.6 24.8 target 15-20% range 443 428 379 329 304 286 IBIT in € m FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 Q3 FY12 Key Data1) Assets (€ bn) 8.9 11.3 11.7 12.5 14.6 16.4 Equity (€ m)
Slide 4: Strategic cornerstones: Combining industrial with financial logic
Strategic cornerstones: Combining industrial with financial logic 1 – Support Sectors' Sales Leverage balance sheet strength to finance Siemens projects and products Allow new business models such as pay-for- performance (e.g. payback by energy savings) Signal confidence by long-term financial
Slide 5: Operating principles highlight proximity to industrial business of Siemens
Operating principles highlight proximity to industrial business of Siemens Ability to generate high, stable and sustainable risk adjusted returns (exclusively B2B) 1 Origination 2 Funding 3 Risk Privileged access to global Stable, diversified Deep proprietary Siemens deal flow and refinancing
Slide 6: SFS aligned its business to the Siemens Sectors
SFS aligned its business to the Siemens Sectors Industry Infrastructure & Cities Energy Healthcare Sectors Project , Structured & Project & Structured Finance – Project & Structured Leveraged Finance – SFS Business Units and Activities Infrastructure and Cities & Industry Finance – Energy Healthcare
Slide 7: Wind farm financed in record time through combined financing and engineering expertise
Wind farm financed in record time through combined financing and engineering expertise Challenge During construction of the Windy Flats Phase II wind farm, an opportunity to expand the project arose. Caused by the global financial meltdown in 2008, the original bank lender was unable to increase t
Slide 8: Siemens Bank GmbH extended product portfolio and options for Siemens financing
Siemens Bank GmbH extended product portfolio and options for Siemens financing Banking Solutions Enhance sales opportunities for Sectors via Project financing Loans through loans (new in Germany) Investment loans Deposit Deposit business with focus on Siemens companies and transactions selecte
Slide 9: Global footprint: Better support Siemens in both mature markets and emerging economies
Global footprint: Better support Siemens in both mature markets and emerging economies Mature Markets Active portfolio management to control risk / return profile and optimize geographical presence: Exited from sub-scale businesses in Japan (2011) Netherlands (2010) and Switzerland (2012), ramp-do
Slide 10: Diversified portfolio to optimize risk exposure and profitability over business cycles
Diversified portfolio to optimize risk exposure and profitability over business cycles Assets by Business Unit Credit exposure by Industry Venture Capital Others 3) Healthcare 2) Others 1) PSLF 1% 19% 3% 15% Healthcare 17% Commercial 38% Finance Basic Supply / Production 5% Wholesale & Retail Trade
Slide 11: Investment criteria: Capitalizing on Siemens market know-how and driving profitable growth
Investment criteria: Capitalizing on Siemens market know-how and driving profitable growth Equity Business Debt Business Focus on Siemens products & markets and Financing of greenfield infrastructure projects with profitable niches for diversification (B2B only) high business potential for Secto
Slide 12: SFS supports Siemens Sector with a variety of financial offerings (1)
SFS supports Siemens Sector with a variety of financial offerings (1) Arkansas Heart Adding Electronic Health Record capability by acquiring Soarian® applications Hospital Sector Healthcare Project implementation costs of $ 4.8 m financed by SFS granting a loan SFS also provided a 36 month, va
Slide 13: SFS supports Siemens Sector with a variety of financial offerings (2)
SFS supports Siemens Sector with a variety of financial offerings (2) City of Berlin Refurbishment of energy equipment by Siemens to generate sustainable Infrastructure &Cities energy cost savings of 30% p.a. and CO2 reduction of 25% p.a. Implementation of Energy Management System by Building Te
Slide 14: Questions and answers
Questions and answers Financing becomes more important as a strategic differentiator for the company SFS is closely aligned with Siemens Sectors to offer a joint customer and market approach SFS‘ strong profitability is based upon sound risk judgment and portfolio diversity Financial Services
Slide 15: Reconciliation and Definitions for Non-GAAP Measures (I)
Reconciliation and Definitions for Non-GAAP Measures (I) To supplement Siemens’ Consolidated Financial Statements presented in accordance with International Financial Reporting Standards, or IFRS, Siemens presents the following supplemental financial measures: • New orders and order backlog; • Adjus
Slide 16: Reconciliation and Definitions for Non-GAAP Measures (II)
Reconciliation and Definitions for Non-GAAP Measures (II) New orders and order backlog - continued Order backlog represents an indicator for the future revenues of our Company resulting from already recognized new orders. Order backlog is calculated by adding the new orders of the current fiscal yea
Slide 17: Reconciliation and Definitions for Non-GAAP Measures (III)
Reconciliation and Definitions for Non-GAAP Measures (III) Total Sectors Profit Siemens uses Total Sectors profit to measure the sum of profit of the four Sectors Energy, Healthcare, Industry and Infrastructure & Cities. Profit of the Sectors is earnings before financing interest, certain pension co
Slide 18: Reconciliation and Definitions for Non-GAAP Measures (IV)
Reconciliation and Definitions for Non-GAAP Measures (IV) ROCE (adjusted) – continued ROCE (adjusted) at the Siemens group level on a continuing and discontinued operations basis Siemens also presents group ROCE (adjusted) on a continuing and discontinued operations basis. For this purpose, the nume
Slide 19: Reconciliation and Definitions for Non-GAAP Measures (V)
Reconciliation and Definitions for Non-GAAP Measures (V) Adjusted EBITDA, adjusted EBIT and adjusted EBITDA margins on a continuing operations basis – continued Adjusted EBITDA margins at the Sector level Siemens defines adjusted EBITDA margins at the Sector level as the ratio of adjusted EBITDA to
Slide 20: Reconciliation and Definitions for Non-GAAP Measures (VI)
Reconciliation and Definitions for Non-GAAP Measures (VI) II. Limitations on the usefulness of Siemens’ supplemental financial measures The supplemental financial measures reported by Siemens may be subject to limitations as analytical tools. In particular: • With respect to new orders and order bac
Siemens Financial Services — Investor Day (September 2012) on 6ix