14 slides from Coca-cola Femsa Sab De Cv Units Cons Of 5 Shs -l- + 3 Shs Series -b-'s earnings presentation, 2007
Slide 1: Coca-Cola FEMSA Second Quarter 2007
Coca–Cola FEMSA Second Quarter 2007
Slide 2: Cautionary Statement
Cautionary Statement FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934 as amended. These forward-looking statements relate to Coca-Cola FEMSA, S.A. de C.V. and subsidiaries (“KOF”) and their bus
Slide 3: KOF Outlook
KOF Outlook 3
Slide 4: Outlook
Outlook Second largest Coca-Cola Bottler in the world, with a strong top-line story, increasing revenues more than 12% in nominal terms during 1H2007 More than 80% revenue growth outside of Mexico, which is providing a more balanced consolidated cash flow generation Operating income outside of
Slide 5: KOF LTM
KOF LTM As of June 30, 2007 Volume (2,061 MM UC) Revenues (US$ 5,594 MM) EBITDA (US$ 1,171 MM) 8% 6% 5% 14% 12% 14% 5% 12% 50% 10% 53% 10% 61% 10% 10% 7% 6% 7% Mexico Central America Colombia Venezuela Brazil Argentina Average Unit Price (USD/UC) 3.20 3.42 2.99(1) 2.87 2.53 2.58 1.89 EBITDA M exico
Slide 6: Growth Drivers: Coca-Cola ZERO
Growth Drivers Coca-Cola ZERO Coca-Cola ZERO Sales Volume (MM UC) >2.5 >1 Jan F eb M ar A pr M ay J un Argentina Mexico Brazil Contributing with more than 25% of incremental sales volume on a consolidated basis in the second quarter 2007 Successfully launched in Argentina, Mexico and Brazil Bringi
Slide 7: Highlights: Non-Carbonated Beverages
Highlights Non-Carbonated Beverages As % of Total Volume 38.5 (Per Country) 32.8 5.1 3.0% 3 .6 3 .8 1.4% 2 .8 Argentina 22.5 9 .1 4.6% 18.2 19.0 1. 6 8 .8 Brazil 0 .8 2 .2 2 .7 1.3% 0 .3 2 .3 1.6 1.7 Venezuela 8 .1 6 .8 8 .5 9 .4 0 .3 5 .9 5.4% Colombia 0 .3 0 .5 2 .3 1.9 1.8 11.0 1.0% Central Ameri
Slide 8: Strong EBITDA Generation
Strong EBITDA Generation A clear sign of our superior track record is our EBITDA growth during the last 10 years….. EBITDA (US$ MM) 1,171 1,131 1,029 899 742 537 518 438 330 243 244 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 LTM June 07 CAGR 97- LTM JUNE’07 17.0% Financial information in nomi
Slide 9: Significant Debt Reduction
Significant Debt Reduction …allowing us to reduce US$ 1.25 billion of net debt since the acquisition of Panamco. Cash Net Debt $2,828 330 $2,545 240 $2,221 307 $1,985 $1,862 $1,835 $1,854 $1,866 $1,772 162 301 356 695 384 619 2,498 2,305 1,914 1,700 1,534 1,498 1,388 1,290 1,247 May 03 Dec-03 Dec 04
Slide 10: Recent Events
Recent Events 10
Slide 11: Leadership: Capturing growth opportunities
Leadership Capturing growth opportunities Leading TCCC System’s assertive incursion into the underdeveloped juice-based beverage segment in Mexico and Brazil, through the acquisition of Jugos Del Valle. Increasing our platform by more than 30% in the growing Brazilian market, by acquiring –REMIL
Slide 12: Jugos del Valle
Jugos del Valle Sales Volume by Category(2) 1,998 MM UC 118 MM CU STATUS 14% The Mexican Antitrust Commission recently announced its 2% decision to approve the acquisition of Jugos del Valle, subject 80% to certain conditions that we anticipate will be acceptable. 85% COMPANY OVERVIEW • Main Markets
Slide 13: REMIL
REMIL We have reached an understanding with The Coca-Cola Brazil Company to acquire a franchise territory in the state of Minas Gerais, which includes the third largest city in Brazil. We expect to close this transaction during the first quarter of 2008. Manaus The aggregate value for this trans
Slide 14: Backs
Backs Coca-Cola FEMSA In Mexican constant pesos as of the end of each period 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 1Q 2007 2Q 2007 Operating Income 1,210 1,591 2,051 2,940 3,796 4,440 6,707 7,702 8,683 9,456 2,274 2,779 Depreciation 266 336 551 823 763 558 966 1,237 1,308 1,504 381 389 A