Equity Assets 5% 6% Chile 21% 27% Per Colombia 68% 73% - - PowerPoint PPT Presentation

          

73% 21% 6%

Equity

Chile Perú Colombia

68% 27% 5%

Assets

Source: IMF 2015 Projections

CLP$ 75.638 M CLP$ 33.770 M CLP$ -14.862 M CLP$ -3.003 M CLP$ 91.543 M

EBITDA (LTM)

CLP$ 13.077 M CLP$ 59.921 M CLP$ 23.171 M CLP$ 104.581 M CLP$ 200.750 M

Chile Peru Colombia Corp Offices Ripley Corp

Non Bank Net Financial Debt

EBITDA discounts the bank segments intercompany & third party financial expense. Non Bank Net Financial Debt considers the Net Financial Debt of all non bank segments, excluding debt that was assigned to bank segments through intercompany loans. Corp Offices’ debt that was assigned to each country through intercompany loans.

September 2014 LTM September 2014

EBITDA discounts the bank segments intercompany & third party financial costs.

CLP$ 40.917 M CLP$ 23.675 M CLP$ -10.098 M CLP$ 52.943 M CLP$ 45.883 M CLP$ 21.719 M CLP$ -11.317 M CLP$ 53.697 M

Chile Peru Colombia Ripley Corp

EBITDA (9M)

9M13 9M14

Retail CLP$ 16.777 M Bank CLP$ 45.101 M Real Estate CLP$ 12.110 M Offices CLP$ -18.191 M

• Ripley Corp

Assets CLP$ 2.101.600 M

• Increasing efficiencies in retail
• Continue growing in loan portfolio while maintaining risk
• Building a bank focused on people

Ripley Chile Net Income LTM CLP$ 55.469 M

Chile 68%

Peru 27% Colombia 5%

Source: Financial statements published at SVS – September 2014

Ripley Competitor 1 Competitor 2

Include Ripley Store's full stock

• Currently 22.000 SKUs

published Online Increase sales of third party stock

• Currently 20% of sales

Increase exclusive products

• Currently 13% of sales are

exclusive products Promote private brands

• Under Development

Store Kiosks

• Fully developed

Increase Store Pickup locations

• Currently available at 15 Stores

Mobile App

• Fully Operational

Further decrease complaint rate

• Even though sales have risen

37% in 9M14, the number of complaints has remained stable. Clean and recognizable esthetic

• Implementing new esthetic

Stock Omnichannel Client Experience

       

+13,9% +3,9%

• 1,6%

Sept 14- Sept 13

Ripley Competitor 1 Competitor 2

   

• 



Ripley Competitor A Competitor B Provisions / Portfolio 11,3% 4,0% 8,3% Net Write-Offs / Portfolio 7,8% 3,7% 7,3% NLP (90 Days) 4,6% 2,6% 4,4% Net Coverage Ratio (Months) 17,4 13,0 13,6

550.511 562.044 660.088 10,30% 10,80% ene-13 feb-13 mar-13 abr-13 may-13 jun-13 jul-13 ago-13 sep-13

• ct-13

nov-13 dic-13 ene-14 feb-14 mar-14 abr-14 may-14 jun-14 jul-14 ago-14 sep-14

• ct-14

nov-14 Loan Portfolio (CLP$ M) NPL (30 days)

6,55

1,66

ROA

24,75

15,99

ROE

20,35

14,25

Basel Index

2,78

10,98

Leverage

CLP$4.811M CLP$3.672M CLP$2.853M CLP$5.148M CLP$4.684M CLP$3.545M

• Inmob. Viña del Mar S.A.

Nuevos Desarrollos S.A. Mall Concepción

EBITDA 9M14 vs 9M13

9M13 9M14

Not Consolidated

Retail CLP$ -5.723 M Bank CLP$ 9.739 M Real Estate CLP$ 4.205 M Offices CLP$ 207 M

• Adopting best practices in retail efficiency from Ripley Chile
• Continue growth in m2
• Bank implementing Ripley Chile’s business model

Peru 27%

Chile 68% Colombia 5% Ripley Corp Assets CLP$ 2.101.600 M Ripley Peru Net Income LTM CLP$ 8.427 M

 

25,9% 25,1% 9M13 9M14 EBITDA Gross Margin/Sales

  

9M13 9M14

Net Income

nov-13 dic-13 ene-14 feb-14 mar-14 abr-14 may-14 jun-14 jul-14 ago-14 sep-14

• ct-14

nov-14

Net Loan Portfolio (PEN$)

14,9%

Aventura Plaza S.A.

EBITDA 9M14 vs 9M13

9M13 9M14

Not Consolidated

Colombia 5%

• Open since april 2013
• 6 stores
• 34.543 m2 selling space
• CLP$ 18.635 M in loans
• Introducing Ripley to the Colombian market.

Low penetration in department stores

• Adjusting fashion proposal
• Attaining scale

Ripley Corp Assets CLP$ 2.101.600 M Chile 68% Peru 27%

• Increases in the leverage of Ripley Bank will allow for a

more efficient financial business.

• Excess capital may be used for financing growth, dividends
• r reducing debt.

Source: Company’s 3Q14 results Amounts in CLP$ million

EBITDA (LTM) Net Income (LTM) Assets Net Financial Debt Equity ROA ROE

Chile 81.743 55.797 1.435.478 454.684 669.654 3,9% 8,3% Retail 37.848 16.777 439.257

• 25.369

275.415 3,8% 6,1% Bank 52.875 45.101 777.959 441.608 207.201 5,8% 21,8% Real Estate 4.763 12.110 203.719 43.475 155.680 5,9% 7,8% Offices

• 13.744
• 18.191

14.543

• 5.029

31.358 Peru 33.770 8.428 569.560 193.234 194.378 1,5% 4,3% Retail 14.277

• 5.723

219.394 69.686 51.029

• 2,6% -11,2%

Bank 19.519 9.739 298.069 133.313 79.766 3,3% 12,2% Real Estate 4.205 53.122 53.122 7,9% 7,9% Offices

• 27

207

• 1.025
• 9.764

10.461 Colombia

• 14.862
• 14.738

97.044 30.340 52.486

• 15,2% -28,1%

Retail

• 13.134
• 12.588

76.147 23.186 41.892

• 16,5% -30,0%

Bank

• 1.693
• 1.680

22.520 7.169 10.671

• 7,5% -15,7%

Offices

• 35
• 470
• 1.623
• 15
• 76
• 3.003
• 11.316
• 482

104.581

• 102.327

Consolidated 97.649 38.172 2.101.600 782.840 814.191 1,8% 4,7% Corp Offices

*Source: Subsidiaries Financial Statements Audited by E&Y

This presentation contains forward-looking statements, including statements regarding the intent, belief or current expectations of the Company and its

• management. Investors are cautioned that any such forward-looking

statements are not guarantee of future performance and involve a number of risks and uncertainties including, but not limited to, the risks detailed in the company’s financial statements, and the fact that actual results could differ materially from those indicated by such forward-looking statements.