Asesores Financieros 3Q16 Results Presentation| November …...Corporate Governance Board of Directors Ownership Structure Source: Santiago Stock Exchange. (1) Last 12 month Corporate

Asesores Financieros

3Q16 Results Presentation| November 2016

Agenda

Resultados September-16

02Main

Consolidated

figures

03SK’s subsidiaries

Highlights

04Financial

Exhibits

01General Background

3

Company Overview

Source: Company

Note: The percents correspond to the ownership of Sigdo Koppers over its subsidiaries, as of June 2016,

(1) Net Profit of 2011 have an extraordinary effect of US$157 millions mainly due to the sale of CTI

(2) Net Profit of 2013 have an extraordinary loss of US$29.2 millions mainly due to the sale of Sigdopack

Corporate Presentation |Sigdo Koppers .

Sales(US$ millions)

Consolidated EBITDA(US$ millions)

Net Profit (US$ millions)

Sigdo Koppers, Chilean conglomerate founded in

1960. One of the most dynamic and important

industrial groups in Chile. Our commitment is a

long term investment industrial approach, aiming to

be a comprehensive supplier of products and

services for the mining and industrial operations

worldwide.

286(1)

At a

Gla

nce

121(2)

SK ComercialIngeniería y

ConstrucciónEnaex Magotteaux

60,43% 60,72% 97,75% 85,77%

Enaex Magotteaux SK Comercial

SKBergéPuerto

VentanasCHBBSK Godelius

50,01% 58,19% 74,59% 40,00%

1

4

Corporate Governance

Ownership StructureBoard of Directors

Source: Santiago Stock Exchange. (1) Last 12 month

Corporate PresentationSigdo Koppers .

Daily Average vol. traded (1): US$0.3 millions

Market Cap: US$1.4 billions (As of Nov 1st 2016)

1. Juan Eduardo

Errázuriz Ossa

Chairman

2. Naoshi Matsumoto

Takahashi

Vicepresident

3. Horacio Pavez Aro

Director

4. Juan Andrés Fontaine

Talavera

Director

5. Canio Corbo Lioi

Independent Director

6. Jaime Vargas Serrano

Director

7. Norman Hansen Rosés

Director

At a

Gla

nce

7,82% Stock Brokers

4,34% Mutual Funds and

other institutional

investors

7,19% Pension Funds

and Insurance companies

4,23% Others

Ownership structure as of Sep-16

1

5

ORE

PROCESSING

Supplier of products and services for the mining

Strategic Focus: Provide products and

services for the mining and industry

Involved in the main stages of the mining

value chain

aprox. 75% of the SK’s Consolidated EBITDA

comes from the exposure to the mining activities

Corporate Presentation |Investment approach .

Anglo American - Minera Los Bronces:

…

MINING OPERATION SALES & LOGISTICSMINING

DEVELPOMENT

1 3 42

1 2 3 4+ + +

BHP Billiton - Minera Escondida:

1 2 3 4+ + +Codelco – Andina:

1 2 3+ +

Agenda

Results September-16

02Main

Consolidated

figures


Highlights

04Financial

Exhibits


7

Consolidated revenues decreased mainlyexplained by a lower level of sales in Magotteauxand Enaex and a tighter scenario with less activityin the businesses of leasing and selling ofmachinery (SK Comercial).

Consolidated EBITDA amounted to US$211millions, , a drop of 25% mainly due to a declinein the activity in the Service, Commercial andAutomobile areas.

Net profit totaled US$61 millions (-38%), adecrease explained by:

More complex business scenario,particularly in mining and industryaffects the volumes and results of thebusiness areas of the company.

Sigdo Koppers is executing plans ofreorganization and cost efficiency in itsdifferent subsidiaries

Highlights - September 2016

Sigdo Koppers has a good consolidated Cashliquidity of US$242 millions and a conservativelevel of consolidated debt

The net financial debt-to-EBITDA ratio is 2.9x andif we add consortiums net profit is 2.7x

(1) EBITDA = Ganancia Bruta + Otros Ingresos por Función – Costos de Distribución - Gastos de Administración – Otros Gastos por

Función + Gastos de Depreciación y Amortización

(3) EBITDA Pro-forma: considera las utilidades de empresas relacionadas que no consolidan.

Sep-15 Sep-16 Var.

Sales 1.784.742 1.640.110 -8,1%

EBITDA (1) 279.793 211.025 -24,6%

EBITDA Margin 15,7% 12,9%

EBITDA Pro Forma (2) 319.574 244.629 -23,5%

Profi t (Loss ) 150.062 89.544 -40,3%

Sigdo Koppers Net Profit (non

recurrent)98.655 61.070 -38,1%

Dec-15 Sep-16 Var.

Tota l Assets 3.475.023 3.565.422 2,6%

Tota l Equity (3) 1.573.746 1.662.245 5,6%

Deuda Financiera Neta 875.630 898.720 2,6%

Deuda Financiera Neta/ EBITDA 2,31 2,90

ROE 216,09% 266,10%

ROCE 11,36% 7,77%

Consolidated Income StatementFigures in ThUS$

Agenda


02Main

Consolidated

figures


Highlights

04Financial

Exhibits


9

…

OPERACIÓNVENTA

Y LOGÍSTICA DESARROLLO PROCESO

Resultados Sep-16

Main Subsidaries

60,43% 60,72% 85,77% 97,75%40,0% 50,01%

51,82%

53 años de experiencia en más de 300 proyectos de gran envergadura

(Presencia en Chile y Perú)

Producción de Nitrato de Amonio y Servicios de Tronadura

Venta, Arriendo y Servicio de Maquinaria de prestigiosas marcas

(Presencia en Chile, Perú Brasil y Colombia)

Comercialización de automóviles

(Presencia en Chile, Perú Argentina y Colombia)

Producción de Bolas de Molienda y Piezas de desgaste (casting)

(Presencia en 11 países)

Puerto de Carga a granel y combustible.

Dueña de 52% Fepasa (tpte. ferroviario)

Cadena de valor de la minería e industria

Results 3Q16

Ingeniería y Construcción SK

Resultados Sep-16

10

Results 3Q16

Current Advance Works Transmition line TEN/ECL reaches 55% advance and scheduled for completion 3T17.

Project of Cochranne Thermoelectric plant and Desalinization plant for Escondida in

final phase.

SSK-Peru Earth Movement consortium with the company Excon with an extraordinary loss of $

6,553 million at EBITDA level.

Backlog Backlog equivalent to US$475 million (-7% compared to Jun 16). Main projects:

TEN/Engie transmition line, GEAlstom/substations assembly and Codelco/ underground

Chuquicamata tunnels.

Projects awarded by US$ 274 million (Jan-Sep 2016)

Major projects awarded: Talara (Peru), Marítime Terminal Penco Lirquen and

maintenance of Bio Bio refinery (Enap)

Pipeline: Important opportunities for new transmission lines in Brazil.

Sep-15 Sep-16 Var. 3Q15 3Q16 Var.

MM$ MM$ % MM$ MM$ %

Revenue 221.787 234.236 5,6% 85.748 84.881 -1,0%

EBITDA 12.487 -3.768 -130,2% 5.112 -952 -118,6%

EBITDA Margin 5,6% -1,6% 6,0% -1,1%

Pro-Forma EBITDA(*) 23.850 9.186 -61,5% 10.876 3.282 -69,8%

Pro-Forma EBITDA Margin 10,8% 3,9% 12,7% 3,9%

Control ler's net profi t 13.459 6.965 -48,3% 8.253 1.534 -81,4%

Horas

(Miles)

Horas

(Miles) Var.

Horas

(Miles)

Horas

(Miles) Var.

Total man-hours executed 17.705 12.377 -30,1% 6.238 4.060 -34,9%

Ingeniería y Construcción Sigdo

Koppers

(*) Pro-Forma EBITDA: EBITDA + Related company profit

Puerto Ventanas

Puerto Ventanas Cargo Transfer

Cu Concentrate transfer decreased (-17%) due to productionproblems at Codelco's Andina (-16%)

Lower Coal transfers (-7%) due to high levels of inventoriesAESGener as of Dec-15.

Swells have maintained the port with low operationalavailability during the 1S16.

Investments

New warehouse for Cu Concentrate : start Dec-16.

Upgrade Site No.3: advance 25% and expected start Dec-17.

11

Resultados Sep-16Results 3Q16

Fepasa

Mobilised load Cargo movement of Cu Concentrate (-14%) affected by

production problems at Codelco Andina and Teniente.

Movement of wood pulp cargo (+3%) because of newcontracts with Arauco Forest.

Increasing intermodal and logistics services haveincreased the costs of some contracts, a situation thatis expected to normalize in coming quarters.

Toltén bridge

The results of Fepasa have been impacted by the collapse ofthe Toltén bridge on August 18 (lower volumes and overcosts). This situation will continue until the repair of the bridgeby EFE.


ThUS$ ThUS$ % ThUS$ ThUS$ %

Revenue 98.594 97.318 -1,3% 31.396 33.975 8,2%

EBITDA 32.648 25.096 -23,1% 9.758 8.829 -9,5%

EBITDA Margin 33,1% 25,8% 31,1% 26,0%


PVSA - Tons transferred 4.450.553 3.821.905 -14,1% 1.403.547 1.419.008 1,1%

Fepasa - Th Ton-Km 907.359 887.141 -2,2% 294.477 277.589 -5,7%

Puerto Ventanas

Consolidated



Revenue 556.603 516.752 -7,2% 209.959 170.196 -18,9%

EBITDA 132.654 120.912 -8,9% 51.389 34.297 -33,3%

EBITDA Margin 23,8% 23,4% 24,5% 20,2%


Enaex

12

Enaex

Chemical business (Amonium Nitrate)

Higher international inventory levels ammonium nitrate.

AN exports decreased 22%.

Ammonia prices decreased by 37%.

Scheduled stop of Panna4 Plant cost-based increases production during3Q2016.

Rock Blasting Services

Chile: more complex scenario with lower volumes in some clients. Miningproduction in Chile -3,9%.

Brazil / Britanite: Economic crisis in Brazil has impacted infrastructureinvestments and consequently consumption of explosives in that market.Has increased its stake in mining but operational difficulties of someclients have affected sales volume.

Davey Bickford:

Good operating performance product awards of new contracts.

Synergies with Enaex.

Resultados Sep-16

Physical sales evolution (Thu Tons)

Results 3Q16

Grinding Balls Business HiCr balls lower volumes, particularly in the cement market of North

America and South America. Operation in Brazil remains positive butshocked by economic crisis in Brazil.

Decline in international demand has led to a decrease in the utilizationratio of the different plants.

New Plant in Thailand on track to achieve expected productivity.

Increased sales of forged steel, but the market remains strongcompetition set by China.

Casting business Casting lower volumes (-7%), particularly in Asia.

Improving margins hand of a better mix and higher level of productivityof plants.

Reorganization Plan SG&A expenses decreased 2,2% compared to Sep-15 (-12% vs. Sep-14)

New reorganization phase , focused in greater independence for regions.

Resultados Sep-16

Magotteaux

13

Results 3Q16


MUS$ MUS$ % MUS$ MUS$ %

Revenue 530.146 472.149 -10,9% 161.934 150.968 -6,8%

EBITDA 58.862 51.400 -12,7% 16.500 15.537 -5,8%

EBITDA Margin 11,1% 10,9% 10,2% 10,3%

Control ler's net profi t 21.610 18.359 -15,0% 5.667 5.996 5,8%

Magotteaux Group

Sep-15 Sep-16

Mil l Bal ls 243.007 230.414 -5,2%

Casting 37.446 35.509 -5,2%

Total 280.453 265.923 -5,2%

Magotteaux

Group

Var.

%

14

SK Comercial

Machinery Distribution Business

Chile’s machinery market remains depressed, although no furthersignificant falls are recorded. Market of construction machinery andearthworks has been the most affected (-30% to -50% vs.2013).

Truck market in Chile -10% over Sep 2015 (-26% compared to June 2013).

Closing Volvo operation in Peru.

Machinery Rental Business

Fleet: US$196 million (-9% vs. Dec-15)

Rental markets in Chile and Peru has been adjusted downward.

SKRental is in a fleet reduction strategy in Chile and Peru to fit the size ofthe market and lower investment cycle.

Corporate reorganization

Synergy projects in warehouses and workshops.

Rationalisation of branches and maximizing the use of offices andoperations in Lampa (headquarters).

Resultados Sep-16 Results 3Q16



Revenue 258.727 226.833 -12,3% 79.685 73.687 -7,5%

Distribution Business 190.504 160.654 -15,7% 58.334 49.402 -15,3%

Rental Business 103.080 87.834 -14,8% 31.918 30.270 -5,2%

Consolidation adjust -34.857 -21.655 -37,9% -10.567 -5.985 -43,4%

EBITDA 40.231 22.676 -43,6% 9.769 5.833 -40,3%

EBITDA Margin 15,5% 10,0% 12,3% 7,9%

Control ler's net profi t 1.022 -8.093 -891,9% -1.333 -3.631 172,4%

SK Comercial


MM$ MM$ % MM$ MM$ %

Control ler's net profit 13.899 9.938 -28,5% 4.157 3.735 -10,2%

SK Inversiones

Automotrices

15

SK Inversiones Automotrices

SKIA had profits of MM$9,938 Chilean Pesos(US$17 millions) (-29%).

Mainly due to lower margins in the Chileanmarket and lower sales in the Peruvian andColombian markets.

SKBergé accounted sales for 49,987 units, adecrease of 7% compared to September 15.

Lower level of sales in Chile: 24,560 units (-9%).

Lower sales in Peru and Colombia: 25,427 units(-5%), as a consequence of a contraction of thePeruvian and Colombian markets.

Sales of light vehicles in the Chilean marketreached 219,596 units as of September 16 (+7%).

Perú

Argentina

Chile

Colombia


Agenda


02Main

Consolidated

figures


Highlights

04Financial

Exhibits


Sigdo Koppers Income Statement

17



Sales 1.784.742 1.640.110 -8,1% 608.396 549.130 -9,7%

Sales expenses -1.363.416 -1.280.042 6,1% -460.362 -437.315 5,0%

Gross income 421.326 360.068 -14,5% 148.034 111.815 -24,5%

Other operating income 11.005 17.292 57,1% 3.730 3.757 0,7%

Distribution costs -62.527 -57.866 7,5% -19.638 -17.879 9,0%

Administrative expenses -171.933 -179.927 -4,6% -63.724 -56.820 10,8%

Other operating expenses -7.154 -18.591 -159,9% -4.988 -6.105 -22,4%

Operating income 190.717 120.976 -36,6% 63.414 34.768 -45,2%

EBITDA 279.793 211.025 -24,6% 93.673 63.203 -32,5%

% EBITDA Margin 15,7% 12,9% 15,4% 11,5%

Interest income 3.388 3.047 -10,1% 1.412 1.239 -12,3%

Interest expenses -37.738 -40.769 -8,0% -13.156 -14.527 -10,4%

Related companies income 39.781 33.724 -15,2% 14.761 12.031 -18,5%

Exchange differentials -12.186 949 107,8% 3.800 -2.699 -171,0%

Price - level restatement 2.760 -1.484 -153,8% -6.705 836 112,5%

Other income (losses) 1.171 45 -96,2% 1.440 337 -76,6%

Gain (losses) between book value and fair

value (financial assets) - - - -

Income before taxes 187.893 116.488 -38,0% 64.966 31.985 -50,8%

Income tax -37.831 -26.944 28,8% -11.901 -7.018 41,0%

Income 150.062 89.544 -40,3% 53.065 24.967 -53,0%

Gain (losses) from uncontinnued

operations - - - -

Net income 150.062 89.544 -40,3% 53.065 24.967 -53,0%

Income attributable to Sigdo Koppers 98.655 61.070 -38,1% 33.586 16.647 -50,4%

Income attributable to non-controlling

interests51.407 28.473 -44,6% 19.479 8.319 -57,3%

Sigdo Koppers

Consolidated Income Statement

Figures in ThUS$ Cifras en MUS$


Services 445.200 441.585 -0,8% 158.949 161.714 1,7%

Ingeniería y Construcción SK 346.606 344.267 -0,7% 127.553 127.739 0,1%

Puerto Ventanas 98.594 97.318 -1,3% 31.396 33.975 8,2%

Industrial 1.089.362 991.287 -9,0% 372.747 321.942 -13,6%

Enaex 556.603 516.752 -7,2% 209.959 170.196 -18,9%

Magotteaux (1) 530.146 472.149 -10,9% 161.934 150.968 -6,8%

SK Inv. Petroquímicas 2.613 2.386 -8,7% 854 778 -8,9%

Commercial & Automotive 258.727 226.833 -12,3% 79.685 73.687 -7,5%

SK Comercial 258.727 226.833 -12,3% 79.685 73.687 -7,5%

SKIA (2) - - - - - -

Parent company & adjustment(3) -8.547 -19.595 129,2% -2.985 -8.213 175,2%

Consolidated Sales 1.784.742 1.640.110 -8,1% 608.396 549.130 -9,7%

Figures in ThUS$Revenue

Business Areas

Figures in ThUS$

Revenue Sigdo Koppers

18

Resultados Sep-16

(1)Magotteaux’s figures include income of SKSabo Chile S.A. The profits attributable to the controller were adjusted in the different companies

through which Sigdo Koppers controls Magotteaux.

(2) SK Inversiones Automotrices S.A. (SKIA) does not account for the income of SKBergé because it holds 40% of its shares and, therefore,

does not consolidate its financial statements.

(3) Eliminations and adjustments as of June are mainly the result of consolidated intercompany eliminations

Area Servicios

Area Industrial

Area Comercial

y Automotriz

Results 3Q16

Revenue by country (incl. SKBergé)D

19

Resultados Sep-16

September 2015

September 2016

Results 3Q16

Chile Perú Colombia Brasil Asia Norte America Europa Otros Países

MUS$ MUS$ MUS$ MUS$ MUS$ MUS$ MUS$ MUS$

Área Servicios 83,1% 16,9% 0,0% 0,0% 0,0% 0,0% 0,0% 0,0%

Ingeniería y Construcción SK 77,9% 22,1% - - - - - -

Puerto Ventanas 100% - - - - - - -

Área Industrial 49,2% 0,0% 0,0% 9,5% 9,1% 14,3% 12,6% 5,4%

Enaex 87,9% - - 6,8% - - - 5,3%

Magotteaux 12,4% - - 12,1% 17,7% 27,8% 24,6% 5,5%

SK Inv. Petroquímicas 100,0% - - - - - - -

Área Comercial y Automotriz 57,3% 31,6% 7,6% 0,5% 0,0% 0,0% 0,0% 3,1%

SK Comercial 78,3% 17,7% 1,7% 2,3% - - - -

SKIA 51,8% 35,2% 9,1% - - - - 3,9%

Ventas Empresas SK 58,1% 17,3% 3,5% 3,9% 3,5% 5,5% 4,8% 3,5%

Ventas

Áreas de Negocios

Chile Perú Colombia Brasil Asia Norte America Europa Otros Países

MUS$ MUS$ MUS$ MUS$ MUS$ MUS$ MUS$ MUS$

Área Servicios 90,9% 9,1% 0,0% 0,0% 0,0% 0,0% 0,0% 0,0%

Ingeniería y Construcción SK 88,2% 11,8% - - - - - -

Puerto Ventanas 100% - - - - - - -

Área Industrial 41,3% 1,0% 0,0% 10,3% 9,1% 13,1% 21,5% 3,7%

Enaex 68,4% 1,9% - 11,7% - - 14,6% 3,3%

Magotteaux 11,7% - - 8,8% 19,0% 27,4% 29,0% 4,1%

SK Inv. Petroquímicas 100% - - - - - - -

Área Comercial y Automotriz 57,0% 33,7% 5,6% 0,3% 0,0% 0,0% 0,0% 3,4%

SK Comercial 79,8% 16,8% 1,7% 1,7% - - - -

SKIA 51,3% 38,0% 6,5% - - - - 4,2%

Ventas Empresas SK 56,4% 16,8% 2,5% 4,2% 3,6% 5,2% 8,4% 3,0%

Ventas

Áreas de Negocios


Services 52.163 19.557 -62,5% 17.397 7.374 -57,6%

Ingeniería y Construcción SK 19.515 -5.539 -128,4% 7.639 -1.455 -119,0%

Puerto Ventanas 32.648 25.096 -23,1% 9.758 8.829 -9,5%

Industrial 193.108 173.671 -10,1% 68.398 50.269 -26,5%

Enaex 132.654 120.912 -8,9% 51.389 34.297 -33,3%

Magotteaux (1) 58.862 51.400 -12,7% 16.500 15.537 -5,8%

SK Inv. Petroquímicas 1.592 1.359 -14,6% 509 435 -14,5%


SK Comercial 40.231 22.676 -43,6% 9.769 5.833 -40,3%

SKIA (3) -66 -78 18,2% -26 -20 -23,1%

Parent company & adjustment -5.643 -4.801 -14,9% -1.865 -253 -86,4%

Consolidated EBITDA 279.793 211.025 -24,6% 93.673 63.203 -32,5%

EBITDA Margin 15,7% 12,9% 15,4% 11,5%

Consolidated pro-forma EBITDA 319.574 244.629 -23,5% 108.434 75.234 -30,6%

Figures in ThUS$EBITDA

Business Areas

Figures in ThUS$

EBITDA Sigdo Koppers

20

Resultados Sep-16

(1) Magotteaux’s figures through December include the EBITDA of SK Sabo Chile S.A.

(2) SK Inversiones Automotrices S.A. (SKIA) does not account for the EBITDA of SKBergé because it owns 40% of its shares and, therefore, it

does not consolidate its financial statements.

(3) Pro Forma EBITDA = EBITDA + Related Company Profits.

Area Servicios

Area Industrial

Area Comercial

y Automotriz

Results 3Q16

Pro-Forma EBITDA

decreased a 55% in

CLP due t higher

operational costs in

Peru and a lower

level of activity in

the mining sector

(BSK)

Decrease in Rental

Business

Lower physical

sales and lower

operating margin

because of plant

maintenance

Smaller volumes and

margins in Grinding balls

business (HiCr)

EBITDA Pro-Forma

por área de Negocios

21

EBITDA Pro-FormaPor áreas de negocio: Sep-16 v/s Sep-15 (US$ miles)

Results 3Q16

-23,5%

Servicios

Industrial

Comercial y

Automotriz

Lower margins and

volumes

Lower operational

profit on PVSA

(-4,4 MUS$) and

Fepasa

(-3,4 MMUS$)

Sigdo Koppers’ Net Profit

22

Resultados Sep-16

(1) Magotteaux’s figures include income of SK Sabo Chile S.A. The profits attributable to the controller were adjusted in the different companies through

which Sigdo Koppers controls Magotteaux.

(2) The profit of CHBB was adjusted in SK Inversiones Petroquímicas S.A. through which Sigdo Koppers controls CHBB.

Services

Industrial

Commercial &

Automobile

Results 3Q16

Sep-15 Sep-16 Var. Sep-16 Sep-15 Sep-16 Var.

Services 39.804 24.652 -38,1% 22.625 13.757 -39,2%

Ingeniería y Construcción SK 21.035 10.236 -51,3% 60,43% 12.711 6.186 -51,3%

Puerto Ventanas 18.769 14.416 -23,2% 50,01% 9.914 7.571 -23,6%

Industrial 100.941 80.908 -19,8% 68.634 52.122 -24,1%

Enaex 78.216 61.626 -21,2% 60,72% 47.557 37.420 -21,3%

Magotteaux (1) 21.610 18.359 -15,0% 95,00% 20.154 13.937 -30,8%

SK Inv. Petroquímicas (2) 1.115 923 -17,2% 74,59% 923 765 -17,1%


SK Comercial 1.023 -8.093 -891,1% 85,77% 877 -6.942 -891,6%

SKIA 21.722 14.641 -32,6% 99,99% 21.721 14.606 -32,8%

SK companies profit 163.490 112.109 -31,4% 113.857 73.543 -35,4%

Parent company & adjusments -15.202 -12.473

Total consolidated profit 98.655 61.070 -38,1%

Total Companies Attributable to parent companyNet profit

Business Areas

% SKFigures in ThUS$ Figures in ThUS$

Sigdo Koppers Balance sheet

23


Dec-15 Sep-16 Var.

Current Assets

Cash and cash equivalent 245.206 242.356 -1,2%

Account and sales receivables 539.654 573.645 6,3%

Inventories 296.416 276.668 -6,7%

Other current assets 50.300 38.804 -22,9%

Total current assets 1.131.576 1.131.473 0,0%

Long-term assets

Property, plants & equipment 1.161.598 1.207.982 4,0%

Other long-term assets 1.181.849 1.225.967 3,7%

Total long-term assets 2.343.447 2.433.949 3,9%

Total assets 3.475.023 3.565.422 2,6%

Current liabilities

Short-term financial debt 251.940 316.477 25,6%

Accounts payable 283.157 269.412 -4,9%

Other current l iabilities 167.098 167.366 0,2%

Total current liabilities 702.195 753.255 7,3%

Long-term liabilities

Long-term financial debt 868.896 824.599 -5,1%

Other long-term liabilities 330.186 325.323 -1,5%

Total long-term liabilities 1.199.082 1.149.922 -4,1%

Total liabilities 1.901.277 1.903.177 0,1%

Equity

Attributable to the controller 1.188.685 1.253.592 5,5%

Attributable to non-controlling interests 385.061 408.653 6,1%

Total equity 1.573.746 1.662.245 5,6%

Total liabilities and equity 3.475.023 3.565.422 2,6%

Consolidated Balance SheetFigures in ThUS$

Indicators

Net Financial Debt 875.630 898.720

Working Capital 552.913 580.901

Working Capital Days 84 93

Days of Consolidated Inventory 58 57

Accounts Receivable (Days) 82 92

Accounts Payable Days 56 56

Net Financial Debt/ EBITDAFinancial Debt

24

Services

Industrial

Commercial &

Automobile

Parent Comp.

US$ 1,141 millions – Consolidated

US$ 899 millions – Net Financial Debt

Current 28%

Non Current 72%

Cash (US$ millions) Key financial Indicators

Conservative financial profile

Resultados Sep-16

Consolidated Leverage: 1.14x

Financial Net Leverage*: 0.54x

Net Financial Debt/EBITDA: 2.90x ND/(EBITDA+Consortium): 2.66x

Rating: A+ Fitch-Ratings AA- ICR

* Corporate Bonds Covenant < 1,2x

Results 3Q16

2,90x

2,66x

Sep-15 Sep-16 Var.

Operating cash flow 239.324 196.414 -17,9%

Investment cash flow -278.820 -104.845 -62,4%

Capex -82.367 -93.210 13,2%

Fixed assets sales 2.777 2.242 -19,3%

Other -199.230 -13.877 -93,0%

Finance cash flow -3.037 -109.255 3497,5%

Net variation in financial l iabilities 89.937 -9.649 -111%

Interest -26.502 -37.332 40,9%

Dividends -78.558 -69.736 -11,2%

Capital increased 234 0 -100,0%

Other 11.852 7.462 -37,0%

Total net cash flow -42.533 -17.686 58,4%

Effect of exchange rate changes -11.055 3.684 -133,3%

Cash and cash equivalent 181.650 225.554 24,2%

Consolidated

Cash Flow

Figures in ThUS$

Cash Flow of Sigdo Koppers

25


CAPEX

26

Major investments in Fixed Assets:

Puerto Ventanas:

Construction of warehouse for copper concentrate

with capacity of 46,000 Tons is ready and next to

start operations (total investment US$21 million,

US$10,5 million in 3Q16)

Upgrade of Site #3 (total investment US$32

million, US$12 million in 3Q16)

SK Comercial: Defleeting (divestment) of fleet of SKRental.

(1) Capex Neto: El Capex de SKC incluye la venta de maquinaria usada de SK Rental

Results 3Q16

Sep-15 Sep-16

MUS$ MUS$

Área Servicios 19.017 43.295

Ingeniería y Construcción SK 4.847 6.682

Puerto Ventanas 14.170 36.613

Área Industrial 237.894 61.813

Enaex 201.466 39.094

Magotteaux 36.428 22.719

SK Inv. Petroquímicas - -

Área Comercial y Automotriz -4.558 -45.432

SK Comercial (1) -4.558 -45.432

SKIA - -

Total Empresas SK 252.352 59.676

Capex e Inversiones

Áreas de Negocios

Asesores Financieros

Results Presentation

Documents

Asesores Financieros 3Q16 Results Presentation| November …...Corporate Governance Board of Directors Ownership Structure Source: Santiago Stock Exchange. (1) Last 12 month Corporate