FIRST QUARTER FY13 FINANCIAL RESULTS 27 th August, 2012 Disclaimer - PowerPoint PPT Presentation

FIRST QUARTER FY13 FINANCIAL RESULTS 27 th August, 2012

Disclaimer This presentation is not and does not constitute an offer, invitation, solicitation or recommendation to subscribe for, or purchase, any securities and neither this presentation nor anything contained in it shall form the basis of, or be relied on in connection with any contract or commitment or investment decision. This presentation has been prepared solely for use at this presentation. By your continued attendance at this presentation, you are deemed to have agreed and confirmed to DRB-HICOM Berhad (the “Company”) that: (a) you agree not to trade in any securities of the Company or its respective affiliates until the public disclosure of the information contained herein; and (b) you agree to maintain absolute confidentiality regarding the information disclosed in this presentation until the public disclosure of such information, or unless you have been otherwise notified by the Company. Reliance should not be placed on the information or opinions contained in this presentation or on its completeness. This presentation does not take into consideration the investment objectives, financial situation or particular needs of any particular investor. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. None of the Company and its affiliates and related bodies corporate, and their respective officers, directors, employees and agents disclaim any liability (including, without limitation, any liability arising from fault or negligence) for any loss arising from any use of this presentation or its contents or otherwise arising in connection with it. This presentation contains projections and “forward -looking statements” relating to the Company’s business and the sectors in which the Company operates. These forward-looking statements include statements relating to the Company’s performance. These statements reflect the current views of the Company with respect to future events and are subject to certain risks, uncertainties and assumptions. It is important to note that actual results could differ materially from those anticipated in these forward looking statements. The Company does not undertake to inform you of any matters or information which may come to light or be brought to the Company’s attention after the date hereof. The forecasts and other forward-looking statements set out in this presentation are based on a number of estimates and assumptions that are subject to business, economic and competitive uncertainties and contingencies, with respect to future business decisions, which are subject to change and in many cases outside the control of the Company. The directors and officers of the Company believe that they have prepared the forecasts with due care and attention and consider all best estimates and assumptions when taken as a whole to be reasonable at the time of preparing the presentation. However, the Company’s forecasts presented in this presentation may vary from actual financial results, and these variations may be material and, accordingly, neither the Company nor its directors or officers can give any assurance that the forecast performance in the forecasts or any forward-looking statement contained in this presentation will be achieved. Details of the forecasts and the assumptions on which they are based are set out in the presentation. This presentation may not be copied or otherwise reproduced without the written consent of DRB-HICOM Berhad. 2

GROUP FINANCIAL HIGHLIGHTS Passion . Drive . Excellence 1Q 4Q 1Q QoQ YoY RM million 11/12 11/12 12/13 % % Change Change 1,582.5 2,124.2 3,463.1 +63.0% +118.8% Revenue 127.6 1,130.5* 132.5 +3.9% Profit before interest & tax -88.3% (26.5) (62.8) Finance costs (77.2) +22.9% +192.0% Jointly controlled entities/ 45.2 27.8 42.6 +52.7% -5.6% associated companies (net of tax) Profit before tax (before EI) 146.3 124.0 97.9 -21.0% -33.1% 971.5* - Extraordinary Item - - - - (37.7) (45.6) (44.5) - Taxation - - Profit after tax 108.6 - 1,049.9* 53.4 - 91.1 1,018.1 32.6 - - Net profit 4.71 EPS (sen) 52.66 1.69 - - *In respect of one-off exceptional item - PROTON’s negative goodwill RM971.5m Investor Relations 3

SEGMENTAL PERFORMANCE Passion . Drive . Excellence Revenue Breakdown by Sector Segmental Review RM million  Inclusion of PROTON Change Segment 1Q11/12 1Q12/13 boosted Auto revenue for % YoY 1Q13 Automotive 819.5 2,760.2 +236.8%  Reduction in Services revenue mainly due to Services 716.3 640.1 -10.6% lower revenue recorded by Alam Flora PAC 46.7 62.8 +34.5%  Higher completed property development works improved PAC sales Total 1,582.5 3,463.1 +118.8% Note : PAC – Property, Asset & Construction Investor Relations 4

GROUP SEGMENTAL REVENUE Passion . Drive . Excellence Revenue Trend Revenue Breakdown YoY +118.8% RM mn QoQ +63.0% 1.8% 18.5% 3,463.1 79.7% 62.8 640.1 1Q12/13 2,124.2 100.9 1,582.5 611.4 46.7 2,760.2 716.3 45.3% 51.8% 1,411.9 819.5 1Q11/12 4Q11/12 1Q12/13 2.9% Automotive Services PAC 1Q11/12 Note : PAC – Property, Asset & Construction Investor Relations 5

GROUP SEGMENTAL PBT Passion . Drive . Excellence PBT Trend PBT Breakdown YoY -33.1% RM mn QoQ -91.1% 46.2% 53.8% 167.6 155.3 153.0 34.0 78.0 71.7 1Q12/13 104.4 1.4% 87.3 83.7 14.6 46.5% 2.3 (0.1) 1Q11/12 4Q11/12 1Q12/13 52.1% Automotive Services PAC Note: Total PBT included Investment Holding (RM mn) as tabulated below:- 1Q11/12 1Q11/12 4Q11/12 1Q12/13 (21.3) 942.5 (57.4) Note : PAC – Property, Asset & Construction Investor Relations 6

AUTOMOTIVE

AUTOMOTIVE - REVENUE Passion . Drive . Excellence Revenue Trend Revenue Breakdown 4.9% YoY +236.8% RM mn QoQ +95.5% 2,760.2 95.1% 135.9 1Q12/13 1,411.9 2,624.3 247.8 819.5 24.1% 197.8 1,164.1 75.9% 621.7 * 1Q11/12 4Q11/12 1Q12/13 Distribution M&E 1Q11/12 Note : M & E – Manufacturing & Engineering *Restated Investor Relations 7

AUTOMOTIVE TIV & SALES Passion . Drive . Excellence TIV vs DRB-HICOM Volume Cars Sold by Brand Within Group Brand 4Q11/12 1Q12/13 Change % 162,680 301,224 138,544 PROTON 5,705 37,769* +562.0% 33.4% Audi 293 407 +38.9% 23.0% 54,258 10.9% Honda 2,076 8,089 +289.6% 69,373 15,115 Mitsubishi 2,556 3,099 +21.2% 4Q11/12 1Q12/13 YTD 2012 (Jan - Jun) Suzuki 2,349 2,289 -2.6% TIV DRB-HICOM Market share Isuzu 2,136 2,605 +22.0% TIV vs PROTON Volume 301,224 162,680 138,544 24.2% 23.2% 25.3% 72,837 37,769 35,068 YTD 2012 (Jan - Jun) 4Q11/12 1Q12/13 TIV PROTON Market share *Figures include Proton Edar’s sales Investor Relations 8

RECENT LAUNCHES Passion . Drive . Excellence Proton Prevé Audi Q3 Launched in Apr-12 Launched in Jun-12 Honda City facelift Honda Civic Suzuki SX4 Sport Launched in Launched in Crossover facelift Jun-12 Jul-12 Launched in Aug-12 Investor Relations 9

SERVICES

SERVICES - REVENUE Passion . Drive . Excellence Revenue Trend Revenue Breakdown RM mn 8.6% YoY -10.6% QoQ +4.7% 34.2% 18.7% 38.5% 716.3 68.6 640.1 611.3 54.7 115.3 54.1 119.9 1Q12/13 103.9 230.7 9.6% 227.1 246.5 42.1% 16.1% 32.2% 301.7 226.2 219.0 1Q11/12 4Q11/12 1Q12/13 1Q11/12 Concenssionaire Banking Insurance Others * *Others include Scott & English (Malaysia), HICOM University College Investor Relations 10

PROPERTY, ASSET & CONSTRUCTION

PROPERTY, ASSET & CONSTRUCTION Passion . Drive . Excellence Revenue Trend Recently launched phases RM mn YoY +34.5% QoQ -37.8% 100.9 Glenmarie Shah Alam 62.8 46.7 Proton City, Tanjung Malim 1Q11/12 4Q11/12 1Q12/13 Investor Relations 11

STATEMENT OF FINANCIAL POSITION & KEY RATIOS Passion . Drive . Excellence 1Q FY** 1Q FY** RMm 12/13 11/12 12/13 11/12 Property, Plant & Equipment 4,573.0 4,509.3 Net Assets per Share 3.26 3.23 (RM)* Banking Assets 17,662.6 20,012.9 Gearing Ratio (times): Gross 1.00 0.86 Inventories 1,520.2 1,516.8 Net 0.66 0.42 Cash & Bank Balances 2,742.6 3,040.3 Return On Equity (%) 2.08 20.69 Trade & Other Receivables 3,042.1 3,173.1 Notes: Others 7,615.0 7,568.7 * Based on 1,933,237,051 ordinary shares ** Restated TOTAL ASSETS 37,155.5 39,821.1 Equity attributable to owners of the Company 6,296.2 6,249.1 Non-controlling interest 1,229.5 1,215.7 Short Term Borrowings (include OD) 2,266.0 1,892.0 Long Term Borrowing 4,077.2 3,475.6 Banking Liabilities 15,729.7 17,998.8 General and Life Insurance Liabilities 2,352.6 2,297.9 Others 5,204.3 6,692.0 TOTAL EQUITY & LIABILITIES 37,155.5 39,821.1 Investor Relations 12

SHAREHOLDING STRUCTURE (as at 29 June 2012) Passion . Drive . Excellence Substantial Shareholders (%) 17.3 18.1 20.2 18.9 16.5 15.2 11.6 9.5 8.0 8.5 7.2 7.9 7.6 6.3 55.9 55.9 55.9 55.9 55.9 55.9 55.9 Dec-10 Mar-11 Jun-11 Sep-11 Dec-11 Mar-12 Jun-12 Foreign shareholders EPF Etika Strategi Sdn Bhd Investor Relations 13

For any enquiry, please do not hesitate to contact:- Mohd Khalid Yusof Head, Investor Relations Level 5, Wisma DRB-HICOM No. 2 Jln Usahawan U1/8 40150 Shah Alam, Selangor Malaysia email : invest@drb-hicom.com tel : 603-2052 8193 / 8194 fax : 603-2052 8228