Lg Chem Ltd. · KRX:051910
Lg Chem — Q2 2012 Earnings Presentation
12 slides from Lg Chem's earnings presentation, Jul 18, 2012
Slide 1: 2Q 2012 Business Results & Outlook
2Q 2012 Business Results & Outlook July 18, 2012
Slide 2: Disclaimer
Disclaimer The business results for the second quarter of 2012 currently under audit review are presented here for investors’ convenience. Hence, please be advised that some of their contents may be altered in the course of audit. From the first quarter of 2012, this material shows business results
Slide 3: Table of Contents
Table of Contents 2Q 2012 Business Results 1 Divisional Results & Outlook 3 Appendix 5 - Divisional Sales & Operating Profit - Borrowings & Cash Flow - CAPEX Plan & Results - Quarterly Price Trends - Weekly Price Trends
Slide 4: 2Q 2012 Business Results Income Statements
2Q 2012 Business Results Income Statements (Unit: KRW bn) Classification ’11.2Q ’12.1Q ’12.2Q YoY QoQ Sales 5,700 5,753 5,996 5.2% 4.2% Operating Profit 775 460 503 -35.1% 9.5% (%) (13.6) (8.0) (8.4) Pre-tax Income 786 440 480 -38.9% 9.1% (%) (13.8) (7.7) (8.0) Net Income 625 381 374 -40.1% -1.8% 1
Slide 5: 2Q 2012 Business Results Financial Position
2Q 2012 Business Results Financial Position Financial Position Financial Ratios (Unit: KRW bn) Classification ’11 ’12.2Q Change Classification ’11 ’12.2Q Change Asset 15,286 15,972 4.5% Total Liabilities/ 57.5 57.5 - Cash and Equity (%) equivalents 1,379 932 -32.5% Borrowings / 26.0 27.0 1.0%p Liabi
Slide 6: Divisional Results & Outlook: Petrochemicals
Divisional Results & Outlook Petrochemicals Business results Analysis (Unit: KRW bn) • Analysis ▣ Overall margin slightly declined due to continued weak demand and fallen product price amid global economic downturn 4,491 4,521 4,328 -NCC/PO : Recovery of product price slowed while high feedstock cos
Slide 7: Divisional Results & Outlook: I&E Materials/Energy Solution
Divisional Results & Outlook I & E Materials/Energy Solution Business results Analysis (Unit: KRW bn) • Analysis ▣ Revenue and profit rose thanks to seasonal demand Increase - I&E : Improved revenue and profitability thanks to rises of Materials polarizer’s utilization rate and 3D FPR shipments - En
Slide 8: Divisional Sales & Operating Profit
Appendix Divisional Sales & Operating Profit (Unit: KRW bn) 2011 2012 Classification 1Q 2Q 3Q 4Q Total 1Q 2Q 3Q 4Q Total Sales 5,491 5,700 5,886 5,599 22,676 5,753 5,996 11,749 Operating Profit 835 775 724 500 2,835 460 503 963 Petrochemicals 4,276 4,328 4,570 4,150 17,325 4,491 4,521 9,013 NCC/PO 1
Slide 9: Borrowings & Cash Flow
Appendix Borrowings & Cash Flow Borrowings Cash Flow (Unit : KRW bn) (Unit: KRW bn) Classification ’11 ’12.2Q Classification ’11 ’12.2Q Total 2,527 2,739 Beginning Cash 1,368 1,379 (Overseas Subsidiaries) (1,044) (1,034) 100% 100% Operating/Investing -96 -348 KRW Currency 475 618 19% 23% Net Income
Slide 10: CAPEX Plan & Results
Appendix CAPEX Plan & Results (Unit: KRW bn) Classification ’10 ’11 ’12 Plan ’12.1H New / Expansion 320 664 743 389 Petrochemicals Maintenance 266 296 269 98 Total 586 960 1,012 487 New / Expansion 425 330 539 103 I&E Maintenance 78 100 89 40 Materials Total 503 430 628 144 New / Expansion 389 660 4
Slide 11: Quarterly Price Trends
Appendix Appendix 분기별 제품가격 Quarterly 추이 Price Trends (Unit:U$/MT) (Unit:U$/MT) 1,696 1,611 4,458 1,600 1,526 1,535 4,159 3,997 1,413 3,766 1,377 1,375 1,364 3,479 3,612 1,360 1,345 3,372 1,320 1,326 3,310 1,304 3,214 1,253 1,356 1,213 1,318 3,397 1,311 1,306 1,275 2,728 1,255 1,248 2,581 1,260 2,483
Slide 12: Weekly Price Trends
Appendix Weekly Price Trends (Unit:U$/MT) (Unit:U$/MT) 3,775 3,755 3,7153,680 3,580 1,416 1,426 1,428 1,410 3,500 3,480 3,465 3,410 1,399 3,250 1,412 1,425 1,365 3,150 1,405 3,060 2,980 1,401 1,320 3,000 1,385 1,295 1,280 1,291 2,950 2,910 2,890 2,970 1,361 1,351 1,350 1,275 1,270 1,261 1,267 1,295