San Miguel Corporation · PSE:SMC
San Miguel — Q3 2011 Earnings Presentation
12 slides from San Miguel's earnings presentation, Nov 11, 2011
Slide 1: Letter to PSE: Investors' Briefing (3Q 2011 Results)
November 11, 2011 PHILIPPINE STOCK EXCHANGE, INC. (PSE) Disclosure Department 3rd Floor, Philippine Stock Exchange Center Ayala Triangle, Ayala Avenue Makati City Attention: Ms. Janet A. Encarnacion Head, Disclosure Department Subject: Investors’ Briefing (3Q 2011 Results) Gentlemen: We are forwardi
Slide 2: 3 Quarter '11 Results
= 3 Quarter ‘11 Results
Slide 3: Consolidated Net Income
Consolidated Net Income In Million Pesos 2011 2010 Change Net Sales 393,442 161,820 143% Income from Operations 41,951 19,744 112% Net Income 11,947 12,696 -6% on eee: 11,588 8,206 41% Recurring EBITDA 56,714 30,255 87% EPS 3.23 3.61
Slide 4: San Miguel Brewery Inc.
San Miguel Brewery Inc. In Million Pesos 2011 2010 Change Volume (mil cases) Domestic International Net Sales Income from Operations THIRD QUARTER 2011 RESULTS
Slide 5: Ginebra San Miguel
Ginebra San Miguel In Million Pesos Change Net Sales 16,642 -31% Income from Operations 1,189 -145% Volume (mil cases) -34% THIRD QUARTER 2011 RESULTS
Slide 6: San Miguel Food Group
San Miguel Food Group In Million Pesos 2011 Change Net Sales 64,286 57,720 11% Income from Operations 4,254 4,173 2% THIRD QUARTER 2011 RESULTS
Slide 7: San Miguel Yamamura Packaging
San Miguel Yamamura Packaging In Million Pesos Change Net Sales 17,728 17,081 Income from Operations 1,575 1,465 THIRD QUARTER 2011 RESULTS
Slide 8: San Miguel Global Power
San Miguel Global Power In Million Pesos Net Sales 53,534 45,198 Income from Operations 10,986 5,649 Net Generation (‘000 MWH) 10,725 7,393 THIRD QUARTER 2011 RESULTS
Slide 9: Petron
Petron In Million Pesos Net Sales 201,929 169,798 Income from Operations 13,114 8,905 Net Income 7,581 5,320 THIRD QUARTER 2011 RESULTS
Slide 10: Infrastructure
Infrastructure Caticlan Airport + Runway extension preparations underway Vision to transform into an international airport TPLEX :; Tarlac-Gerona stretch for completion by 192012 Increase in stake to 45% * Under review by DOTC * Technical and financial evaluation ongoing SLEX-Daang Hari Toll Road *
Slide 11: Financial Position
Financial POSITION icorserrmen cons TOTAL ASSET P875.5 billion CASH BALANCE P125.9 billion INTEREST BEARING DEBT P280.9 billion CURRENT RATIO © 1.65 DEBT TO EQUITY RATIO * 2.00 INTEREST BEARING DEBT TO EQUITY : | Vv ¥ be
Slide 12: Thank You