Andino Investment Holding SAC · BVL:AIHC1
Andino Investment Holding SAC — Andino Investment Holding — Investor Presentation (June 2015)
21 slides from Andino Investment Holding SAC's investor presentation, June 2015
Slide 1: Without Limits - Corporate Presentation, June 2015 Results
WITHOUT LIMITS Corporate Presentation, June 2015 Results
Slide 2: Andino Investment Holding
ANDINO INVESTMENT HOLDING Group of leading companies operating port and airport infrastructure and offering logistic and maritime services. AIH strategy creates value to the Peruvian foreign trade through comprehensive services based on infrastructure, with an experience of over 40 years.
Slide 3: Highlights
3 Concessions with the Government: Highlights Paita’s Port (2009 – 2039) 5 Airports of South (2011 – 2036) Chinchero–Cusco Airport (2014 – 2054) More than 2,900 employees CAGR 2010 – 2014 Sales 11.16% EBITDA 17.6% + US$ 616 millions of Real Estate Portfolio 25% of the shares of AIH listed
Slide 4: Ownership
Ownership Aproximately 25% of the shares float in the Lima Stock Exchange (BVL). Main shareholders at the free float are Mediterraneo Fondo de Inversión Privada (Chile) (6.78%), Banco de Credito del Perú (2.79%), El Pacífico Vida Compañía de Seguros (1.44%). The remaining 75% of the capital is c
Slide 5: History of growth for more than 4 decades
2013 . 2011 File Service’s sale. History of growth for AIH issues an more than 4 decades 2009 AAP adjudicates de international Bond for US$115MM. concession of the South Airports 2005 TPE Kuntur Wasi adjudicates the adjudicates de AIH is created concession of the Concession of Paita’s Port. Chincher
Slide 6: Strategic Geographic Coverage
Operations in most private and public ports Strategic Geographic concession of Peru (ports, terminals, offshore Coverage platforms) and in the main rivers of the jungle Operations en Callao, Paita, Chiclayo, Matarani and Pucallpa 30-year concession to operate the Port Terminal ZORRITOS IQUITOS
Slide 7: Integrated business model with an added value
Supplier of the whole logistic chain Infraestructura Infraestructura Servicios Logísticos ServiciosServicios MarítimosLogísticos Serv Concesión para construir y Multimodal Operador LogísticoConcesión para construir y líder en Perú Multimodal Operador Logístico líder en Perú Storage R WASI operar el
Slide 8: Leaders in our Industry
Market Share by TEUs Capabilities Leaders in our (2013) Portuary Industry Relationship with major shipping lines DP World Logistics Services 15% Logistics Neptunia 44% 13% Tramarsa Economies of scale Alconsa 12% Distribution and storage capabilities Contrans 9% 8% Otros Maritime Services Exp
Slide 9: Consolidated Statements
Consolidated Statements Balance Sheet In thousands of S/. jun-14 jun-15 Current Assets 214,031 222,262 Non Current Assets 1,921,265 1,982,208 Total Assets 2,135,296 2,204,470 Current Liabilities 137,122 189,818 Non Current Liabilities 776,278 756,705 Total Liabilities 913,400 946,523 Net Equity 1,22
Slide 10: Historical Results and Real estate
Consolidated Revenue EBITDA Historical 700 80 Results 600 70 500 60 400 50 300 614 626 40 70 71 517 30 466 54 200 410 20 37 42 100 10 0 - 2010 2011 2012 2013 2014 2010 2011 2012 2013 2014 S/. Millions Market Value % AIH Net Value Real estate Infraestructure Oporsa 249.5 100% 249.5 portfolio of more
Slide 11: AIH Business Units
AIH Business Units Logistic Services Maritime Services Infrastructure Peru leading Logistics Concession Agreement to Founded in 1972, Cosmos build and operated the new Operator with over 33 years is the peruvian leader in International Airport in experience. It holds a key rol maritime brokerage and
Slide 12: Consolidated Summary (as of June)
Consolidated Summary (as of June) Revenue (S/. Millions) EBITDA (S/. Millions)
Slide 13: Consolidated results of the main lines of business
Consolidated results of the main lines of business (millions of S/.) Logistic Maritime Infrastructure Consolidated jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var Revenue 179.5 178.4 -0.6% 114.9 128.9 12.1% 2.5 2.0 -22.9% 296.9 309.2 4.1% Gross Margin 43.0 36.9 -14.1% 28.57 3
Slide 14: Proforma Financial Summary (as of June)
Proforma Financial Summary (as of June) Revenue (S/. Millions) EBITDA (S/. Millions)
Slide 15: Proforma Financial Results of the main lines of business
Proforma Financial Results of the main lines of business (millions of S/.) Logistic Maritime Infrastructure Consolidated jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var jun-14 jun-15 Var Revenue 179.2 175.7 -1.9% 118.1 130.6 10.6% 66.1 51.4 -22.3% 363.4 357.7 -1.6% Gross Margin 43.0 36.9 -14.1
Slide 16: Debt Structure
Debt Structure (USD millions)
Slide 17: Paita Port Terminal Concession
Funding Paita Port Terminal Concession Culminated The National Port Authority (APN) approved the investments by TPE in Paita First Stage concluded port terminal (Construction of new container dock with dredging within 13m, through an issue of 300m berth, container yard of 12 hectares and installat
Slide 18: Concession South Regional Airports
Concession South Regional Airports (Aeropuertos Andinos del Perú) Concession financed with the Government. Investments made since the start of the concession to date amount to approximately US $ 65 MM including Compulsory Works, Equipment, Concession Co Corrective maintenance. Financed by the Go
Slide 19: Chinchero International Airport Concession
Chinchero International Airport Concession Concession financed through Pay Per Work (PPO), Advance Payment Work - Certificate of completion (PAO-CAO). Currently in the implementation phase of engineering studies. It has signed a term sheet with an investment bank frontline to make a full underwr
Slide 20: Inmobiliaria Terrano and Servicios Aeroportuarios Andinos (SAASA)
Inmobiliaria Terrano Work began during the second half of 2014 Lima Airport Partners signed a contract for 17 years to allow a direct road of entry and exit to Ongoing projects the Jorge Chavez International Airport for receiving and storing cargo. Will allow the Group to access (via a logisti
Slide 21: Without Limits
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Andino Investment Holding — Investor Presentation (June 2015) on 6ix