Suntory Beverage & Food : Supplementary Information for Q2 2021

About this update from Suntory Beverage & Food Ltd.

Supplementary Material on Consolidated Financial Results for the First Six Months of the Year Ending December 31, 2021 Summary of Consolidated Statement of Profit or Loss, Indices, etc. Revenue Details Profit Details Summary of Consolidated Statement of Financial Position Summary of Consolidated Statements of Cash Flows Other Information Suntory Beverage & Food Limited August 12, 2021 1. Summary of Consolidated Statement of Profit or Loss, Indices, etc. (1) Summary of Consolidated Statement of Profit or Loss (Billions of yen with fractional amounts rounded off) Six months ended Six months ended June 30, 2020 June 30, 2021 Increase (decrease) Ratio to revenue Ratio to revenue Revenue 552.5 100.0% 603.8 100.0% 51.3 9.3% Gross profit 225.2 40.8% 253.6 42.0% 28.4 12.6% Selling, general and administrative 188.6 34.1% 192.7 31.9% 4.0 2.1% expenses Gain on investments accounted for (0.1) (0.0)% 0.0 0.0% 0.1 (124.5)% using the equity method Other income 1.5 0.3% 1.0 0.2% (0.5) (35.5)% Other expenses 2.3 0.4% 1.5 0.3% (0.7) (32.2)% Operating income 35.7 6.5% 60.4 10.0% 24.7 69.1% Finance income 0.6 0.1% 0.3 0.0% (0.3) (55.8)% Finance costs 1.2 0.2% 1.3 0.2% 0.1 11.1% Profit before tax for the period 35.1 6.4% 59.3 9.8% 24.2 69.0% Income tax expense 8.6 1.5% 18.8 3.1% 10.3 120.1% Profit for the period 26.6 4.8% 40.5 6.7% 14.0 52.5% Profit for the period attributable to 5.6 1.0% 8.3 1.4% 2.7 48.2% non-controlling interests Profit for the period attributable to 20.9 3.8% 32.2 5.3% 11.2 53.7% owners of the Company - 1 - (2) Other Indices (Billions of yen) Six months ended Six months ended Increase (decrease) June 30, 2020 June 30, 2021 Depreciation 35.3 34.5 (0.8) (2.2)% Operating income Operating margin 35.7 6.5% 60.4 10.0% 24.7 69.1% EBITDA *1 EBITDA margin 71.8 13.0% 95.5 15.8% 23.7 33.1% *1 EBITDA is calculated as operating income - other income + other expenses + depreciation. (Billions of yen) As at December 31, 2020 As at June 30, 2021 Increase (decrease) Total assets 1,574.3 1,672.3 98.1 6.2% Total equity 859.6 915.7 56.2 6.5% D/E ratio (Times) *2 0.1 0.0 *2 D/E ratio is calculated as (interest-bearing debt - cash and cash equivalents ± valuation difference from adopting hedge accounting, etc.) / total equity. (3) Exchange Rates for the Consolidation of Profit or Loss of the Major Overseas Companies (Yen, average exchange rate) Six months ended Six months ended June 30, 2020 June 30, 2021 USD 108.2 107.9 EUR 119.3 129.9 GBP 136.4 149.9 SGD 77.4 80.9 THB 3.4 3.5 VND 0.0046 0.0047 NZD 67.8 77.3 AUD 71.2 83.2 - 2 - 2. Revenue Details (Billions of yen) Six months ended Six months ended Increase Increase (decrease) (decrease) Reference June 30, 2020 June 30, 2021 currency neutral Japan 298.7 298.0 (0.7) (0.2)% - Asia Pacific 127.6 148.7 21.1 16.5% 11.6% Europe 87.7 111.1 23.4 26.7% 16.2% Americas 38.6 46.0 7.4 19.2% 19.6% Reconciliations - - - - - Consolidation total 552.5 603.8 51.3 9.3% 6.7% Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific." 3. Profit Details (1) EBITDA (Billions of yen) Increase Six months ended Six months ended Increase (decrease) (decrease) Reference June 30, 2020 June 30, 2021 currency neutral Japan 30.7 35.9 5.2 17.0% - Asia Pacific 23.9 31.0 7.0 29.5% 26.9% *1 Europe 16.2 24.6 8.4 51.8% 38.9% Americas 4.7 7.7 3.0 63.8% 64.3% Reconciliations (3.8) (3.8) 0.1 - - *2 Consolidation total 71.8 95.5 23.7 33.1% 29.5% *1 Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific." *2 "Reconciliations" to segment EBITDA represents overhead costs incurred by the Company to manage the Group's operations and is not allocated to each reportable segment. (2) Segment Profit (Billions of yen) Increase Six months ended Six months ended Increase (decrease) (decrease) Reference June 30, 2020 June 30, 2021 currency neutral Japan 11.1 17.6 6.5 58.7% - Asia Pacific 16.6 23.6 7.0 42.1% 37.9% *1 Europe 10.5 18.8 8.3 78.8% 63.5% Americas 2.9 5.8 2.9 97.8% 98.5% Reconciliations (5.4) (5.4) 0.0 - - *2 Consolidation total 35.7 60.4 24.7 69.1% 62.9% *1 Due to the organizational changes, the previous segments of "Asia" and "Oceania" were merged and are now presented as "Asia Pacific." *2 "Reconciliations" to segment profit represents overhead costs incurred by the Company to manage the Group's operations and is not allocated to each reportable segment. - 3 - (3) Breakdown of Increase (Decrease) in Segment Profit for Japan Business Segment (Billions of yen) Segment profit for the six months ended June 30, 2020 11.1 Decrease in revenue (0.7) Decrease in cost of goods sold 3.3 Decrease in sales promotion and advertising costs 0.5 Decrease in other expenses 3.4 Segment profit for the six months ended June 30, 2021 17.6 - 4 - This is an excerpt of the original content. To continue reading it, access the original document here .

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