Axiata Group Bhd. · MYX:AXIATA
Axiata Group Bhd — Shareholder Meeting (May 2014)
25 slides from Axiata Group Bhd's shareholder meeting presentation, May 28, 2014
Slide 1: Axiata Group: Shaping The Future, 22nd Annual General Meeting
Axiata Group Shaping The Future 22nd Annual General Meeting Sime Darby Convention Centre 28 May 2014 Dato’ Sri Jamaludin Ibrahim Managing Director / President & Group Chief Executive Officer
Slide 2: Balancing and Delivering Long Term and Short Term Results
AXIATA GROUP : 2013 Balancing And Delivering Long Term And Short Term Results 2013 – 2014: Period of Investment Delivering Short Term Results Amidst Challenges Building a Regional Champion Shaping the Future – Building a New Generation “Telco” 22ND AGM 2
Slide 3: Axiata Group key figures 2013
Revenue RM 18.4 Billion No 7 on the KLCI* PATAMI RM 2.6 Billion No 8 on the KLCI* Market Cap RM 58.9 Billion No 4 on the KLCI* Subscribers > 240 Million No 2 Regional Telco* Employees 23,000 Countries 9 * As of 31 Dec 2013
Slide 4: Period of Investment, Still Delivering Strong Results
2013-2014 Period of investment Still Delivering Strong Results
Slide 5: A Year of Investment
FY 2013 (GROUP) : A Year Of Investment… Investment in Spectrum, M&A, Network , IT and New Businesses/Processes New IT & Spectrum M&A Business/ Network Processes Network Set up infrastructure company, Modernization For Data Optimisation in edotco Group Celcom, XL and Dialog Invested More Than Acquire
Slide 6: FY2013 (Group): With Challenges
FY 2013 (GROUP) : …..With Challenges Increasing Competitive Intensity, Voice & SMS Substitution In Malaysia & Indonesia, and Data Pricing / Profitability Remain Key Issues Aggressive competition in Indonesia has impacted profitability SMS revenue continues to be under pressure in Malaysia & Indo
Slide 7: Still Delivering Short-Term Performance
FY 2013 (GROUP) : ..... Still Delivering Short-Term Performance Healthy Growth in Revenue, PATAMI, Market Cap and TSR 4.1% 1.5% 5.0% 10.2% Revenue PATAMI Market Total Cap Shareholder Return* Note * Source: Bloomberg • Reported financial figures as per 2013 annual report, page 30. • Market Cap as per
Slide 8: Short-Term Performance at Constant Currency
FY 2013 (GROUP) : ..... Still Delivering Short-Term Performance Healthy Growth in Revenue, PATAMI, Market Cap and TSR at Constant Currency At Constant Currency 6.7% 2.2% 5.0% 10.2% Revenue PATAMI Market Total Cap Shareholder Return* Note * Source: Bloomberg • Reported financial figures as per 2013 a
Slide 9: Meeting Most KPIs
FY 2013 (GROUP) : ..... and Meeting Most KPI’s Exceeded KPIs at Constant Currency Except for Revenue FY2013 FY2013 FY2013 Constant Headline KPIs Currency Revenue growth 4.1% 6.7% 7.6% EBITDA growth -2.1% 0.6% 0.2% ROIC (%) 10.7% 10.7% 10.3% ROCE (%) 8.6% 8.6% 8.3% 22ND AGM 9
Slide 10: Healthy Cash Balance & Balance Sheet
FY 2013 (GROUP) : …With a Healthy Cash Balance & Balance Sheet Group Cash Balances Of RM6.4 Billion, Even After Paying RM1.9 Billion Dividend in 2013; Debt Profile Remains Healthy Cash & Bank Balance RM6.4bn Free Cash Flow RM3.3bn Net Debt to EBITDA 1.0x Axiata Group’s credit rating remained unchang
Slide 11: FY2013 (OpCo): All Round Growth
FY2013 (OPCO) : … All Round Growth FY13 vs. FY12 All, Except One OpCo, Performed Well; With 4 Performing Extremely Well Affiliates Revenue 4% 0.3% 12% 16% 201% 17% -6% Normalised 7% -37% 13% 70% 205% 64% 9% PAT1 2 Note: All numbers are based on respective OpCos/Affiliates local currencies 1. Celcom:
Slide 12: A Year With Significant Achievements
FY 2013 (GROUP) : … and a Year With Significant Achievements Strong Growth, Industry Recognitions and New Business Ventures Asia Pacific’s Best Telecoms Group The 5th Consecutive Year Awarded by Frost & Sullivan Highest Profit ever Celcom Records Highest Profit in Malaysia in the industry Telecommun
Slide 13: FY2014 Q1 (Group): Growth Momentum Maintained
FY 2014 Q1 (GROUP) : Growth Momentum Maintained Group Strives Despite Seasonally Challenging Quarter YoY Performance YoY Performance (Constant Currency) % 0.7 9.8 % % 4.1 11 % Revenue PATAMI Revenue PATAMI Note • Reported financial figures as per 2013 annual report, page 30. 22ND AGM 13
Slide 14: Building a Regional Champion
2007 - 2013 Building a Regional Champion 22ND AGM 14
Slide 15: Building a Regional Champion 2007-2013
FY 2007 - 2013 (GROUP) : Building a Regional Champion Significant Growth in Subscribers, Revenue, PATAMI and Market Cap Subscribers (RM Million) Operating Revenue (RM Billion) 244 18.4 6x 199 205 84% 15.6 16.3 17.7 13.3 160 11.4 10.0 120 89 40 2007 2008 2009 2010 2011 2012 2013 2007 2008 2009 2010 2
Slide 16: 2nd Largest Regional Operator by Subscribers
FY 2007 – 2013 (GROUP) : Building a Regional Champion 2nd Largest Regional Operator (Asia) Moving From No.7 to No. 2 SUM OF OPERATIONS SUBSCRIBERS (Million) 2013 2007 No. 2* 1. Singtel 171.5 1. SingTel 424.6 2. Axiata 243.9 2. Telenor 55.3 3. Bharti Airtel 208.5 3. Bharti Airtel 55.2 No. 7 4. Teleko
Slide 17: 4th Largest Regional Company by Market Cap
FY 2007 – 2013 (GROUP) : Building a Regional Champion 4th Largest Regional Company By Market Cap from 9th Position in 2008 MARKET CAPITALISATION (RM Billion) 2008 No. 4* 2013 1. SingTel 93.8 1. SingTel 151.3 2. Bharti 92.8 2. Telenor 117.6 3. Telenor 45.2 3. Bharti 70.0 No. 9 4. AIS Market Cap 4. PT
Slide 18: Investment Performance
Investment Performance 22ND AGM 18
Slide 19: Prudent and Disciplined Dividend Payout
FY 2013 (GROUP) : Investment Performance Prudent and Disciplined Dividend Payout Yield: 2.1% Yield: 3.9% Yield: 5.5%* Yield: 3.3% Total: RM0.85b Total: RM1.6b Total: RM2.9b Total: RM1.9b DPS 10sen DPS 19sen DPS 23sen DPS 22sen Special DPS 12 sen 70% 75% 60% 30% DPR 2010 2011 2012 2013 * Inclusive of
Slide 20: Best in Class Recognition
Axiata Group (2013) : Best in Class Recognition Continued Regional Recognition and Accolades (Major) Malaysia-ASEAN Corporate Governance Index 2013 Awards Top 3 CG Transparency Award Frost & Sullivan Asia Pacific ICT Awards Top 5 Overall CG Award Best Telecom Group 2013 Best Conduct of AGM Award Ind
Slide 21: Shaping the Future: Building a New Generation Telco
Shaping the Future Building a New Generation Telco 22ND AGM 21
Slide 22: Building a New Generation Telco
SHAPING THE FUTURE : Building a New Generation “Telco” Our Vision, To Be a Regional Champion by 2015 Regional Champion by 2015 Profit Best Financial Performance ($) People Top Employer / Talent Factory Most Admired Company in ASEAN / South Process World-Class Processes Asia Planet National / Social
Slide 23: Strategic Approach to Sustainability
Sustainability (GROUP) : Strategic Approach to Sustainability Our Holistic Four-Pillar Approach To Sustainability Beyond Short Nurturing Process Planet and Term Profits People Excellence Society Long Term Investment Nurturing Future Supply Chain Leaders Management Greener Operations Services Beyond
Slide 24: The Axiata Group: Shaping The Future
THE AXIATA GROUP Shaping The Future We Have Invested Significantly to Ensure Long- Term Success We are on Track to Become a Regional Champion Post-demerger, We Have Delivered Significant Return on Shareholders’ Investment We are Now Shaping the Future and Building a New Generation Telco Ou
Slide 25: Thank You
> axiata Thank You