SLIDE 1
2015 ANNUAL STOCKHOLDERS’ MEETING
29 July 2015 Manila Polo Club Makati City
2015 ANNUAL STOCKHOLDERS MEETING 29 July 2015 Manila Polo Club - - PowerPoint PPT Presentation
2015 ANNUAL STOCKHOLDERS MEETING 29 July 2015 Manila Polo Club - - PowerPoint PPT Presentation
2015 ANNUAL STOCKHOLDERS MEETING 29 July 2015 Manila Polo Club Makati City Our engineering and construction competencies allowed us to deliver remarkable value to our stakeholders. Core Net Income Contributions (in billion pesos) % % %
SLIDE 2
SLIDE 3
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22 Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114 Maynilad 1.8 17 2 19 7 Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 4
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY
DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22
Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114 Maynilad 1.8 17 2 19 7 Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 5
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY
DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22
Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114 Maynilad 1.8 17 2 19 7 Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 6
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY
DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22 Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114 Maynilad 1.8 17 2 19 7 Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 7
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY
DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22 Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114
Maynilad 1.8 17 2 19 7 Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 8
Core Net Income Contributions
(in billion pesos)
2013 %
Contribution
2014 %
Contribution
% YOY
DM Consunji Inc. 1.3 12 0.5 5
- 62
DMCI Homes 2.7 25 3.2 32 22 Semirara 4.3 40 4.1 40
- 4
DMCI Power 0.2 2 0.2 2
- 3
DMCI Mining 0.2 2 0.4 3 114
Maynilad 1.8 17 2 19 7
Others 0.1 2
- 0.1
- 1
- 170
Total 10.6 10.3
- 3
SLIDE 9
Consolidated Total Liabilities
+11% P63.58B +11% P137.16B
Consolidated Total Assets Total Equity
+11% P66.59B
SLIDE 10
Total Dividend per Share
P0.48
Cash Dividend Payout
P6.37B
Stock Dividends
400%
SLIDE 11
Market Capitalization
2013 2014
Delivering Value
2013 2014
Share Price
40%
P11.20 P15.70 P149B P208B
SLIDE 12
Business Review
SLIDE 13
P21 billion
16% 3% 29% 52% 19% 16% 12% 53%
2014 2013 P19 billion
Buildings Power Water Infra
Order Book
SLIDE 14
Recently Awarded Projects
- Elevated guideway of
LRT2 east Extension
- Two Sections of Skyway
Stage 3
SLIDE 15
Business Review
SLIDE 16
Sales & Reservations and CAPEX
(in billion pesos)
18.4 19 2013 2014
3% Capital Expenditures
8.3 12.2 2013 2014
47% Sales & Reservations
SLIDE 17
Mass Housing and Office Leasing Expand in Provincial Areas
Growth Prospects
SLIDE 18
Business Review
SLIDE 19
Unit 1 Unit 2
500 1000 1500 2000 2500 3000 3500 40002013 2014
Generation (in GWH) 1,667 1,698 1,971 1,141 2,840 3,638
22%
Sales Volume (in MMT)
1000 2000 3000 4000 5000 6000 7000 8000 9000 100002013 2014
7.6 8.9
16%
Coal Sales and Generated Electricity
SLIDE 20
Coal exploration, planning and development in Narra and Himalian 150 million MT total coal reserve
Growth Prospects
SLIDE 21
At least 650MW of new capacity
SLIDE 22
Business Review
SLIDE 23
Total Power Sales
132.37GWh
Total Generating Capacity
58.5MW
SLIDE 24
74.1MW
Total Generating Capacity by Q1 2015
+27%
Pursue New Power Supply Agreements
Growth Prospects
SLIDE 25
Business Review
SLIDE 26
316 1,210 20 48
10 20 30 40 50 60
200 400 600 800 1,000 1,200 1,400 1,600
2013 2014 Volume Sold Price/WMT (USD)
(In Thousand WMT)
283%
Nickel Ore Price and Shipments
140%
$ $
SLIDE 27
Acquired remaining 40% interest in ENK Plc Acquired remaining 1.91% of Toledo Mining Corporation DENR suspended our Zambales extraction and expansion
- perations
SLIDE 28
Growth Prospects
- Obtain necessary permit to reopen Zambales mine site and generate
employment
- Review downstream processing capabilities to raise value of nickel
exports
SLIDE 29
Business Review
SLIDE 30
Service Connections Billed Volume
Service Connections and Billed Volume
1,129,4 97 1,190,0 62 2013 2014
5%
443.8 2013 2014 463.2
(in MCM)
4%
SLIDE 31
Growth Prospects
- Expand services north and south of concession area
- Pursue new concession contracts
SLIDE 32
Approved by the Board in its 2014 and 2015 meetings
- Creation of a separate Risk Oversight Committee
- Adoption of Board Charter and amended charters of the board committees
(Audit, Risk Oversight, Compensation and Nomination)
- Adopted/Amended the following Governance Policies:
- Enterprise Risk Management
- Health, Safety and General Welfare of the employees
- Board Diversity
- Creditors’ Rights
- Executive Succession
- Related Party Transactions
- Code of Business Conduct and Ethics
- Customer Welfare
- Supplier and Contractor Relations
- Anti-Corruption and Bribery
- Community Interaction
- Environmentally Friendly Value-Chain
Corporate Governance Updates
SLIDE 33
- All Board Committees are composed of a majority of independent directors
and are chaired by an independent director
- Audit Committee is composed of entirely non-executive directors
- Instituted an annual performance assessment for the Board, committees, etc.
- Instituted an active Whistleblower Policy (whistleblower@dmcinet.com)
- Conduct a voting by poll in the Annual Stockholders’ Meeting (today)
- Conduct quarterly media and analyst briefings
- For more details you can visit our website
www.dmciholdings.com/corporate_governance
Approved by the Board in its 2014 and 2015 meetings
Corporate Governance Updates
SLIDE 34
Corporate Social Responsibility: Strategic Focus and Initiatives
For more detailed information on our CSR programs, projects and events, refer to the 2014 annual report
SLIDE 35
Setting the Record Straight
SLIDE 36
Recent Issues
1.Torre De Manila
SLIDE 37
1.Torre De Manila 2.Tablas Island Power Contract
Recent Issues
SLIDE 38
1.Torre De Manila 2.Tablas Island Power Contract 3.Massive Brownouts in Tablas Island
Recent Issues
SLIDE 39
1.Torre De Manila 2.Tablas Island Power Contract 3.Massive Brownouts in Tablas Island 4.Proposed Palawan Coal Plant
Recent Issues
SLIDE 40
1.Torre De Manila 2.Tablas Island Power Contract 3.Massive Brownouts in Tablas Island 4.Proposed Palawan Coal Plant 5.Palawan Power Shortage
Recent Issues
SLIDE 41
1.Torre De Manila 2.Tablas Island Power Contract 3.Massive Brownouts in Tablas Island 4.Proposed Palawan Coal Plant 5.Palawan Power Shortage 6.Maynilad Arbitration
Recent Issues
SLIDE 42
On the Panian Pit Landslide We are doing everything we can to help the families of the victims. We have been fully cooperating with the concerned government authorities. We are committed to implementing the necessary safety and remedial measures.
SLIDE 43
Moving Forward
- Install Slope Stability Radar (SSR)
- Add dewatering wells and
piezometers
- Create different mining safety
protocols for dry and rainy season
SLIDE 44
With your continued trust and support, we can surpass
- ur current hurdles and deliver real benefits to even more
people.
SLIDE 45