2010 Asia-Pacific and China IRGR Presentation

8/9/2019 2010 Asia-Pacific and China IRGR Presentation

1/36

IR Global Rankings EventBeijing March 30, 2010


2/36

IR Global Rankings2010 Summary


3/36

IR Global Rankings

3

Created in 1999 (currently the 12th edition)

More than 1000 companies evaluated and ranked

Evaluations based on technical methodology; conducted by experiencedInvestor Relations professionals and independently reviewed priordisclose

Participants can choose to receive an individual feedback report with the

key findings. An individual conf call is held to review any questions.

BriefOverview

Supporting

Entities


4/36

Ranking Categories

4

IR WebsiteOnline Annual

ReportFinancial

DisclosureCorporate

GovernanceInvestors

Choice

Evaluation

Content

Design &

Navigability

Interactivity

Technology &Data Handling

Timeliness

Evaluation

Content

Design &

Navigability

Interactivity


Evaluation

Operating

Information

Financial

Statements (IS,

BS, CF)

Guidance

Conference Calls

Exemplary

Disclosure

Evaluation

Remuneration

and Performance

Board

Accountability

Capital Structure

Shareholder

Protection

Internal Controls

Financial

Disclosure

Online Voting

Best IR Program

Best IR Officer


5/36

Sample of an IRGR Evaluation Spreadsheet

5

Content

Design&Naviga

bility

VisibilityofIRWebsitevs.OtherSections

LinktoIRHomepageinEnglishonFirstPage

Navigability

CompanyhasaS

pecificIRMenu

AllSectionofIRM

enuAreSeenWithoutClicking

DocumentsCanD

ownloadDirectlyWithoutOpeningNewInternetExplo

NumberofClicksNeededtoFindInformation

Upto2ClicksforAnyInformation

From3to4Clicks

forAnyInformation

LinkstoOtherSectionsoftheWebsite

Homein"Portal"F

ormat

LinkstoRelatedT

opics

Interactivity

Technologyand

DataHandling

Timeliness

AnnualReportRe

questDate

ContactPerson(e

mail,etc.)

PackageShipping

Date

ContactInformatio

n

SitehasIRcontact(s)and/orRequestForm

Responsiveness

CompanysentE-mailInformingPackagewillbeSent

PackagePostedin4BusinessDaysfromRequestDate

PackagePostedin5-15BusinessDaysfromRequestDate

Updates(Conside

reinotamaxqdotempreoaoatual)

UpdateDateInfor

mationAvailable

LastWebsiteUpd

ate-LessThan1Week

LastWebsiteUpd

ate-LessThan2Weeks

Total

50,0 15,0 1,0 1,0 7,0 2,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 10,0 15,0 10,0 1,0 1,0 4,0 1,0 3,0 2,0 5,0 1,0 4,0 3,0 100,0

23,5 13,5 1,0 1,0 5,5 2,0 1,5 2,0 5,0 5,0 2,0 2,0 1,0 1,0 5,5 6,5 8,0 5-Jan-09 relaciones. inver 1,0 1,0 3,0 1,0 - 2,0 4,0 - 4,0 3,0 57,00

39,8 9,5 1,0 1,0 3,5 2,0 1,5 - 3,0 3,0 2,0 2,0 1,0 1,0 8,0 13,0 8,5 5-Jan-09 investor.relation 1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 78,75

36,7 14,0 1,0 1,0 6,0 1,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 6,3 11,0 8,5 5-Jan-09 1,0 1,0 3,0 3,0 - 4,5 0,5 4,0 3,0 76,40

26,5 14,0 1,0 1,0 6,0 1,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 1,5 12,0 8,5 5-Jan-09 1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 62,50

43,0 13,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 2,0 1,0 1,0 8,0 13,0 9,0 5-Jan-09 [email protected] 1,0 1,0 4,0 1,0 3,0 4,0 1,0 - 3,0 86,00

1,5 13,0 1,0 1,0 6,0 2,0 3,0 1,0 5,0 5,0 2,0 1,0 1,0 - - 2,5 4,0 1,0 1,0 - 3,0 - - 3,0 21,00

28,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 2,3 7,5 6,0 5-Jan-09 1,0 1,0 - 5,0 1,0 4,0 3,0 56,25

26,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 4,8 10,0 9,0 5-Jan-09 gmansur@ami l. 1,0 1,0 4,0 1,0 3,0 - 4,0 1,0 2,0 3,0 62,25

9,5 8,0 - - 2,0 2,0 - - 5,0 5,0 2,0 1,0 1,0 - 3,3 11,0 6,0 5-Jan-09 AMPServices@ 1,0 1,0 1,0 1,0 - - 4,0 4,0 3,0 37,75

3,0 9,0 - - 3,0 1,0 - 2,0 5,0 5,0 2,0 1,0 1,0 - - 2,0 1,0 5-Jan-09 1,0 1,0 - - - - - 15,00

24,5 12,0 1,0 1,0 4,0 2,0 - 2,0 5,0 5,0 2,0 2,0 1,0 1,0 3,3 12,0 8,5 5-Jan-09 corporatecomm 1,0 1,0 3,0 1,0 - 2,0 4,5 0,5 4,0 3,0 60,25

26,0 8,0 1,0 1,0 2,0 2,0 - - 3,0 3,0 2,0 2,0 1,0 1,0 8,3 13,0 8,0 5-Jan-09 1,0 1,0 3,0 3,0 - 4,0 - 4,0 3,0 63,25

28,5 8,5 1,0 1,0 3,5 2,0 1,5 - 2,0 - 2,0 2,0 1,0 1,0 2,0 8,5 3,5 5-Jan-09 1,0 1,0 - 2,5 0,5 2,0 1,5 51,00

8,0 8,0 1,0 1,0 3,0 2,0 - 1,0 3,0 3,0 2,0 1,0 1,0 - 2,0 11,0 5,0 8-Jan-09 1,0 1,0 - 4,0 - 4,0 3,0 34,00

34,5 12,0 1,0 1,0 5,0 2,0 3,0 - 5,0 5,0 2,0 1,0 1,0 - 6,5 13,0 9,0 5-Jan-09 4823. flavia@br 1,0 1,0 4,0 1,0 3,0 4,0 - 4,0 3,0 75,00

23,5 12,5 0,5 0,5 5,0 2,0 3,0 - 5,0 5,0 2,0 2,0 1,0 1,0 2,0 10,0 8,0 5-Jan-09 1,0 1,0 3,0 3,0 - 4,0 1,0 2,0 3,0 56,00

22,0 7,0 1,0 1,0 2,0 2,0 - - 3,0 3,0 2,0 1,0 1,0 - - 9,0 5,0 5 -Jan -09 CATABOTE@B 1,0 1,0 1,0 1,0 3,0 - 2,0 3,0 43,00

38,3 15,0 1,0 1,0 7,0 2,0 3,0 2,0 5,0 5,0 2,0 2,0 1,0 1,0 8,5 11,0 5,5 5-Jan-09 1,0 1,0 - 4,5 0,5 4,0 3,0 78,25

43,5 10,0 1,0 1,0 2,0 2,0 - - 5,0 5,0 2,0 2,0 1,0 1,0 7,5 14,0 9,0 5-Jan-09 1,0 1,0 3,0 - 3,0 - 5,0 1,0 4,0 3,0 84,00


6/36

The IR Global Rankings Cycle

6

IRGRRegistration

Period

Evaluation

Process

AwardCeremonies

Best Practices& Feedback

Reports

ConferenceCalls

BenchmarkReport

Enhanced IRPrograms

Revision andUpdate of

IRGR

The IR Global Rankings: an ongoing, year-round process for

both Participants and the Rankings team

ContinuousImprovement


7/36

Key IR Global Ranking Points

7

A TrueGlobal

Ranking

UniqueEvaluation

Method andRanking System

Transparency

IndividualFeedback

ReportsGlobal Benchmark

Comparisons

Recognition

What Makes IR Global Rankings Unique?


8/36

Summary of the 2010 Edition

8

503 Participants from 35 countries and 10 industries

5 Global Ceremonies: Amsterdam, Taipei, Beijing, New York and So Paulo


9/36

Breakdown of Participants per Region

9

Asia/Pacific

& Africa

19%

Europe

25%

North

America

20%

Latin

America

36%

2009 Edition

163 companies from 32 countries

Europe

26%

North

America

21%

Latin

America

34%

Asia/Pacific

18%

Africa

1%

2010 Edition


Africa

1%

Asia/Pacific

37%

Europe23%

LatinAmerica

19%

NorthAmerica

20%


10/36

7%

9%

8%

15%

9%

15%

7%

17%

8%

5%

Basic Materials

Consumer Goods

Consumer Services

Financial Institutions

Health Care

Industrials

Oil & Gas

Technology

Telecommunications

Utilities

2010 Registered Companies by

Industry

9%

8%

5%

17%

8%

17%

7%

10%

12%

7%

Basic Materials

Consumer Goods

Consumer Services

Financials

Health Care

Industrials

Oil & Gas

Technology

Telecommunications

Utilities

2009 Registered Companies by

Industry

Breakdown of Participants per Industry

10

2009 Edition


2010 Edition



11/36

IR Global Rankings 2010Main Trends


12/36

2010 IRGR Highlights

Risk Perception

More questioning from investors and analysts;

Increased demand for information.

12

FOCUS: IR Productivity and Efficiency

The Scenario: Aftermath of the Crisis

IR Budget

Tightening budgets;

Need to deliver results on limited resources.


13/36


Content Disclosure of Corporate Governance information;

Investor Days / Meetings information;

Audio and transcripts of conference calls.

13


Differentiate from others through detailed content

64%51%

69% 66% 64%

46%35%

55% 60% 54%

Afr ica Asia/Pac ific Europe Latin

America

North

America

Content

2 010 20 09

86%77%

92%83%

92%

63% 61%

79%71% 75%

Afric a Asia/Pac ific Eur ope L atin

America

North

America

Corporate Governance

2010 2009

Aftermath of the crisis: improve content


14/36

Shinsei Bank

www.shinseibank.com/investors/en/ir/


14

Not onlywhat, but

HOW it is

structured.

Describe roles and

responsibilities.

Corporate Governance Information


15/36

METRO AG

www.metrogroup.de


Complete and thorough

information: bio, term of

office, fields of

responsibility .

15

Corporate Governance Information


16/36


Earnings Release in

(html/pdf); Financials

(html/excel); ConferenceCalls Presentations

(pdf/links to webcasts) .

Nexen

www.nexeninc.com

Special section forInvestors Day: all

presentations, webcasts

and transcripts.

16

Quarterly Calls & Investors Days
http://www.nexeninc.com/http://www.nexeninc.com/


17/36

Interactivity Financial data in downloadable Excel format;

Social networks, Web 2.0.


17

43%33%

54% 56%70%

34%25%

44%51%

64%

A fr ic a Asia/Pac ific Eur ope L atin

America

North

America

Interactivity

2010 2009

0%

22%

14%

19%

27%

0%

8%11%

7%

13%

Afr ica Asia/Pacific Europe Latin America North

America

Web 2.0 / Social Media

2010 2009


Facilitate the access to / distribution of existing info

Back to basics: implement simple features


18/36


18

Event Centric Charts, Downloadable Files

METRO AG

www.metrogroup.de

Event-centric charts, with

comparisons with main

indexes, peers in

downloadable files.


19/36


Social Bookmarking:

linking to main/most

popular social networks

available.

19

Social Networks

METRO AG

www.metrogroup.de

Next steps: not only which network to use,

but how content should be

presented/posted/monitored.


20/36

Highlights ASIA

20

Asian Websites: Opportunities for Improvement

26

50

9

15

3

10

8

15

6

10

Asia Performance Total

Timeliness = 5 out of 10

Technology and Data Handling = 8 out of 15

Interactivity = 3 out of 10

Design & Navigability = 9 out of 15

Content = 26 out of 50


21/36

Room for improvement in content

investment message; comments on industry;

corporate governance practices;

debt Information;

outlook;

slide presentations;

earnings;

annual reports;

press releases;

regulatory filings.25%

18%

45%

60%64%

Africa Asia/Pacific Europe LatinAmerica

NorthAmerica

Income Statement and BalanceSheet (Complete Version)

56%

34%

62% 59%54%

Africa Asia/Pacific Europe LatinAmerica

NorthAmerica

Content

Highlights ASIA

21


22/36

Highlights ASIA

22

China x Asia/Pacific

57%

35%

66%

China Taiwan Asia/Pacific


70%

84%

65%


Financial Disclosure

38%42%

72%


Presentations/Charts

3%

5%

13%


Guidance / Outlook


23/36

Bursa Malaysia Berhad

www.bursamalaysia.com


Visual data: graphs going

along donwloadable data.

23

Financial Data (1)

Complete financial data & other info in anorganized simple table.

AmBev

www.ambev-ir.com


24/36

Del Monte Foods Company

http://investors.delmonte.com/


Simple and clear info

about each committeesmembers.

24

Financial Data (2) and Corporate Governance

Top notch interactivity in financial

fundamentals section.


25/36

K+S Aktiengesellschaft

http://www.k-plus-s.com/en/ir/


Investors Fact Book: easy

to find, interactive

investors kit.

25

Financial Data (3)

Debt and other Balance Sheet infobreakdown and evolution


26/36

IRGR Scores x P/E x Mkt.Cap

26

1

2

3

4

5

-

5,0

10,0

15,0

20,0

25,0

65,00 70,00 75,00 80,00 85,00

Trailing

P/E

IRGR Score - Website

Health Care

1

2

34

5

-

5,0

10,0

15,0

20,0

25,0

30,0

35,0

68,0 70,0 72,0 74,0 76,0 78,0 80,0 82,0

Trailing

P/E


Technology

12

3

4

5

-

2,0

4,0

6,0

8,0

10,0

12,0

14,0

16,0

18,0

67,0 68,0 69,0 70,0 71,0 72,0 73,0

Trailing

P/E


Utilities

Mkt Cap

Source: Bloomberg, March 2010

Small caps, even with smaller budgets,

can put together an efficient IRProgram with solid results;

Global standards convergence is likely

to prevail over regional or industry

characteristics.


27/36

Questions & Answers


28/36

AppendixKey Technical Criteria For IRGR 2010


29/36

IR Website Ranking

29

Categories for IR Website

ContentDesign &

NavigabilityInteractivity


Timeliness

Technical evaluations revised by technical independent committee


30/36

IR Website Ranking

30

ContentDesign &

NavigabilityInteractivity


Timeliness

Investment &

strategy messages

Corporate

governance

Corporate

responsibility

Industry highlight

Filings & releases

Equity research

guidance

Remember the

rule: less is more

Information

intuitively found

Number of clicks

necessary

Updated event

calendar and

FAQ

Spreadsheet

downloads

Interactive price

charts

E-mail alerts

Use of webcasts,

podcasts, RSS

Mobile access

Search tool

Site map or site

tracking

Contact details

for IR team

Update status

of sections

Key Themes and Tools Considered for IR Website

50% 15% 10% 15% 10%


31/36

Financial Disclosure Ranking

31


Financial Disclosure

OperatingInformation

IncomeStatement

BalanceSheet

Cash FlowStatement

GuidanceConference

CallsExemplaryDisclosure


32/36

Financial Disclosure Ranking

32

OperatingInformation

Financial Statements(BS, IS, CF)

GuidanceConference

Call

Relevant data

such as volumes,

prices, market

shares, etc.

Presence of

summary tables

to facilitate

viewing

Complete and

detailed financial

statements

MD&A reporting is

recommended with

detailed

explanations for

financial results

Easy to find

Updated

Changes or

buildup of

trends

Guidance for

operating datais also helpful

Actual earnings

conference calls

Transcripts and

earnings

presentation

Key Themes and Tools Considered for Financial Disclosure

15% 60% 10% 5%

ExemplaryDisclosure

Equitable

treatment in

reporting

Conference calls

and supporting

materials

IFRS and

USGAAP

10%


33/36

Corporate Governance Ranking

33



Remuneration

&

Performance

Board

Accountability

Financial

Statements &

Disclosure

Capital

Structure

Shareholder

Protection

Shareholder

Meetings

Internal

Control

Mechanisms


34/36

Corporate Governance Ranking

34

Key Themes and Tools Considered for Corporate Governance

Remuneration&

Performance

BoardAccountability

CapitalStructure

Shareholderprotection &Shareholder

meetings

Internal Control

Mechanisms

Formal

evaluation/com

pensation for

executive

officers

Policies that tie

management

compensationto performance

indicators

Board

composition /

independent

board members

Committees

and charters

Succession plan

Capital held by

the controlling

group and free

float

Policies for

mandatory

offerings

Policiesregarding share

classes and

voting rights

Tag-along

minority

shareholders

Policies that

regulate cross-

shareholding

Proxy voting at

shareholders

meetings

Disclosure of

Policies for

related-party

transactions

Dividend policy

Nomination

committee

29.5% 7.5% 25.5% 17% 15.5%

Financial

Statements &

Disclosure

IFRS and USGAAP

Policy of

providing

detailed

financial

statements.

5%


35/36

Categories: Best IR Program & Best IR Officer

Online Voting Period: November 16, 2009 to December 16,

2009

Voting Channels: IR websites (through a specific Investors

Choice banner) and the IR Global Rankings homepage

Investors Choice Ranking

35

Votes counting and validation revised by KPMG


36/36

Individual Feedback and Best Practices Report

Participants who choose to acquire the individual feedback report

will receive suggestions for improvements where applicable, as wellas a benchmark report with key best practices and examples to

follow for each category

36