Petronas Dagangan Bhd. · MYX:PETDAG

Petronas Dagangan Bhd — dbAccess Thailand and Malaysia Corporate Days 2012

34 slides from Petronas Dagangan Bhd's conference presentation, Jun 1, 2012

  1. Slide 1: PETRONAS Dagangan Berhad dbAccess Thailand and Malaysia Corporate Days

    PETRONAS DAGANGAN BERHAD dbAccess Thailand and Malaysia Corporate Days Thursday, 31 May – Friday, 1 June 2012, London Deutsche Bank, Winchester House 1 Great Winchester Street Il London EC2N 2DB

  2. Slide 2: Content

    CONTENT 1. Overview of PETRONAS Dagangan Bhd 2. Financial Review for YTD March 2012 3. Business Performance Review for YTD March 2012

  3. Slide 3: Financial Performance Review For YTD March 2012

    Financial Performance Review For YTD March 2012 En Rozaini M Sani Chief Financial Officer

  4. Slide 4: Corporate Profile

    Corporate Profile  PETRONAS Dagangan Berhad (PDB) is the domestic marketing subsidiary of Petroliam Nasional Berhad (PETRONAS owns 69.9%).  Its principal activities are the marketing and distribution of petroleum products in Malaysia.  PDB was incorporated on 5 August 1982 and was converted to a

  5. Slide 5: Milestones

    Milestones The Beginning… Building the Brand… Brand of 1st choice 1970s 1980s-1990s The new millennium 1975 - Petronas established the 1981 Operated first service station. Entered 2000 Launching of Primax & Sprinta 5000 Domestic Marketing Department LPG market 2001 Launching of PDB Customer Service

  6. Slide 6: Group Structure

    Group Structure PETRONAS DAGANGAN BHD Subsidiary Ownership & KAFS SDN BHD LUB DAGANGAN Lube operation of aircraft PDB: 65% PDB: 100% marketing in refueling system at MAHB: 20% non-retail KLIA MAS: 15% market Associate PS PIPELINE S/B PS TERMINAL S/B IOT MGMT S/B ACDSB PDB: 50% (TAWAU & BINTULU) PDB:

  7. Slide 7: PDB Organization Structure

    PDB Organization Structure MD/CEO Project Internal Mgmt Audit Retail Commercial LPG Lube Chief Operating *PMO/CMD Officer Business Business Business Business Legal & Corporate Finance HRM Secretariat Services Services Division Operation Supply & Strategic Performance HSE * Distribution Planning Impr

  8. Slide 8: Supply and Logistics

    Supply and Logistics Joint Venture depots and facilities are: i) MPP KVDT Bulk Depot ii) Bintulu Bulk Depot iii) Tawau Bottling Plant and Bulk Depot iv) KLIA Aviation Depot Perlis v) ASB JV for Bunkering facilities Kedah vi) IOTM Senari Sep. Bay Langkawi vii) CODT Tg Manis Sandakan Prai Kertih Labua

  9. Slide 9: Key Events / Highlights

    Key Events / Highlights • The Malaysian economy expanded by 5.2 per cent in the fourth quarter last year, leading to a growth of 5.1 per cent for the whole year. • Oil prices have risen during the quarter from the range of USD 117 to USD 135 per barrel during the quarter which has positively impact

  10. Slide 10: Key Financial Highlights

    Key Financial Highlights Qtr ended 31/03/2012 vs Qtr ended 31/03/2011 As at 31/03/2012 vs as at 31/12/2011 COMPREHENSIVE INCOME FINANCIAL POSITION Revenue increased by 7.4% to RM6,852.8 Shareholders funds increased by 2.8% to million from RM6,382.7 million RM4,913.3 million from RM4,778.9 million Pr

  11. Slide 11: Consolidated Statement of Comprehensive Income: Revenue

    Consolidated Statement of Comprehensive Income : Qtr ended 31/03/12 vs Qtr ended 31/03/11 Q1 2012 +/- Q4 10/11 (RM Mil) (%) (RM Mil) Revenue 6,852.8 7.4 6,382.7 RM'Mill 3,000.0 Lube Others Q1 FY2012 LPG Fuel Oil 2% 2% 5% 2,500.0 2,387.4 5% 2,243.3 Q4 FY2010/11 2,110.6 Mogas 1,976.9 31% 2,000.0 Aviat

  12. Slide 12: Consolidated Statement of Comprehensive Income: Gross Profit

    Consolidated Statement of Comprehensive Income: Qtr ended 31/03/12 vs Qtr ended 31/03/11 Q1 2012 +/- Q4 10/11 (RM Mil) (%) (RM Mil) Gross Profit 629.4 6.2 592.7 RM' Mill 350.0 Fuel Oil Aviation 1% Q1 FY2012 294.1 5% 300.0 Lube 271.7 Q4 FY2010/11 LPG 4% 250.0 Diesel 10% Others 31% 2% 196.2 200.0 192.

  13. Slide 13: Profit Before Taxation increased by RM24.2 million year on year

    Profit Before Taxation increased by RM24.2 million from previous corresponding quarter, due to higher gross profit and other income offset by higher operating expenditures. Profit Before Taxation OPEX Other Income RM Mill' RM Mill' 339.7 328.7 350.0 312.0 340 300.0 330 315.5 250.0 320 200.0 310 150.

  14. Slide 14: Profit Before Taxation increased by RM32 million from prior quarter

    Profit Before Taxation increased by RM32 million from Qtr Ended 31 Dec 2011. Profit Before Taxation OPEX Other Income RM Mill' RM Mill' 339.7 328.7 350.0 313.2 340 300.0 330 250.0 320 307.7 200.0 310 150.0 300 100.0 38.7 33.1 290 50.0 280 Qtr. Ended 31 March Qtr. Ended 31 Dec. - 2012 2011 Qtr Ended

  15. Slide 15: Shareholder's funds improved whilst Cash Balance decreased

    Shareholder’s funds improved whilst Cash Balance decreased during the quarter RM Mill' Shareholder's Fund Cash Balance RM Mill' 1,026.2 766.4 4,913.3 5,000.0 800.0 4,900.0 4,794.9 700.0 4,800.0 600.0 4,700.0 4,600.0 500.0 4,500.0 400.0 4,400.0 300.0 4,300.0 200.0 4,200.0 4,100.0 100.0 4,000.0 - 31/0

  16. Slide 16: Shareholder's funds and cash balances improved during the quarter

    Shareholder’s funds and cash balances improved during the quarter. RM Mill' Shareholder's Fund Cash Balance RM Mill’ 766.4 4,913.3 5,000.0 800.0 4,900.0 4,778.9 700.0 4,800.0 600.0 470.2 4,700.0 4,600.0 500.0 4,500.0 400.0 4,400.0 300.0 4,300.0 200.0 4,200.0 4,100.0 100.0 4,000.0 0.0 31/03/2012 31/1

  17. Slide 17: Increase in cash balance due to reduced subsidy receivables

    Increase in cash balance was mainly due to reduction in outstanding subsidy receivables RM' Mill Cash & Bank Balances 1600 1,437 Cash & Bank 1400 Deposits Total 1200 1,145 1,015 1,020 1,026 1,027 1,138 1000 912 863 870 766 800 875 880 826 836 751 621 600 538 666 678 653 470 393 400 479 366 373 277 2

  18. Slide 18: PDB's share move in tandem with KLCI performance

    PDB’s share move in tandem with KLCI performance. KLCI Index RM per Share 1700 19.36 20 PETDAG vs KLCI 19 1600 1520 1530 1519 18 1,464 1596 17 1500 1447.27 18.02 16 1,361 16.50 1400 15 1,319 14 1300 1,271 15.86 13 1,206 13.50 1,164 12 1200 12.08 11 1100 1,048 10.94 10 1,020 10.17 966 9 1000 9.27 882

  19. Slide 19: Earnings Per Share (EPS)

    Earnings Per Share (EPS) Earning Per Share 110 100 99.1* 90 87.5 80 75.8 75.7 70 64.5 66.6 65.9 60 Due to shorter 9 50 50.8 months period 40 Earning Per Share 30 FY2005/06 FY2006/07 FY2007/08 FY2008/09 FY2009/10 FY2010/11 FY 2011 FY 2012 Il *Annualised based on 31 March 2012 results FY FY FY FY FY F

  20. Slide 20: PDB's dividend yield remain higher than market dividend yield

    PDB’s dividend yield remain higher than market dividend yield 8.00 7.00 6.70 6.54 5.99 6.00 5.63 5.70 5.42 4.64 4.93 4.88 5.00 5.00 5.02 4.25 4.77 4.03 4.00 3.73 3.58 3.90 3.00 3.38 3.36 3.45 3.43 2.83 2.00 PDB Dividend Yield - With Special Dividend 1.00 PDB Dividend Yield - Without Special Dividend

  21. Slide 21: PDB has announced an interim dividend on 21st May 2012

    PDB has announced an interim dividend on 21st May 2012 Sen Per Share Final - Special 100 Final 90 25 Interim - Special 80 Interim 70 35 60 35 15 50 40 10 33 33 30 30 45 20 30 10 12 12 15 17.5 0 FY 2007/08 FY 2008/09 FY 2009/10 FY 2010/11 FY2011 FY2012 Il FY 2007/08 FY 2008/09 FY 2009/10 FY 2010/11 F

  22. Slide 22: PDB Total Shareholder Return as at 31 March 2012

    PDB Total Shareholder Return as at 31 March 2012 Share Price (RM) CAGR (with Dividend Reinvestment) – 19.8% 20.00 18.94 18.00 16.50 16.00 14.00 On 24.02.05 Bonus Issue at a ratio 1:1 12.00 10.00 9.05 8.00 8.00 6.65 7.00 6.15 6.00 4.82 5.13 4.28 4.18 3.98 4.06 4.00 2.80 2.00 0.00 Mar 94 Mar 95 Mar 96

  23. Slide 23: Business Performance Review For YTD March 2012

    Business Performance Review For YTD March 2012

  24. Slide 24: Malaysian Economic, Business Performance, Business Outlook and Key Focus Area

    1. Malaysian Economic 2. Business Performance 3. Business Outlook and Key Focus Area

  25. Slide 25: Domestic demand continues to support Malaysian growth

    Although the Malaysian economy is affected by global developments, domestic demand has continued to support growth, driven by firm consumption and investment activities • Private consumption is supported by the employment conditions, income growth with introduction of minimum wage policy and public

  26. Slide 26: Slight volume growth in tandem with moderate economic performance

    Slight volume growth in tandem with moderate economic performance YTD Volume 4,000.0 3,429.1 3,481.3 3,500.0 3,000.0 Mil Litres 2,500.0 2,000.0 1.5 % 1,500.0 1,000.0 SPLY YTD March FY2012 • YTD March volume is above SPLY by 1.5% against SPLY. • Slight growth in Q1 was mainly contributed by higher Di

  27. Slide 27: Retail Business

    RETAIL BUSINESS

  28. Slide 28: Commercial Business

    PETROWAS DAGANGAN COMMERCIAL BUSINESS

  29. Slide 29: LPG Business

    LPG BUSINESS

  30. Slide 30: Lubricants Business

    PETROWAS DAGANGAN LUBRICANTS BUSINESS

  31. Slide 31: Key achievement and activities from Jan – Mar FY2012

    Key achievement and activities from Jan – Mar FY2012 Achievement  8 March 2012, PERODUA signed RM225 million deal with PETRONAS Dagangan Bhd 22 March 2012, Malaysian Largest Haulage Service Provider, Konsortium Logistik Berhad (KLB) Signs with PETRONAS Dagangan Berhad for Five Years Exclusive Supp

  32. Slide 32: Positive economic growth outlook for May 2012

    Positive economic growth outlook for May 2012 • Private consumption is supported by the employment conditions, income growth with introduction of minimum wage policy and public sector measures. • Investment activities are mainly led by the domestic-oriented industries, the commodity sector and the p

  33. Slide 33: Key Focus Area

    Key Focus Area • Retail Business • Achieving market leadership • Increasing throughput volume • Opening new stations • Commercial Business • Maintain and strengthen market leadership • Focus on primary target market and quality customers • LPG Business • Maintain market leadership • Improve on produ

  34. Slide 34: Thank you

    Thank you a

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