Samsung C&T 1Q2012 Earnings Release

8/2/2019 Samsung C&T 1Q2012 Earnings Release

1/13

SAMSUNG C&T CORPORATIONSAMSUNG C&T CORPORATION


2/13

The figures provided in this presentation are based on unreviewed

2012.1 financial statements. Certain numbers ma be resented

Disclaimer

differently once reviewed, and the company takes no responsibility

and accepts no liability for such changes.


3/13

3

5,943.5

406.5

481.7

+1,247.4 (26.6%) +75.2 (18.5%)

4,696.1

1. 2012.1Q _ Earnings Summary

Sales Gross Profit

(bn KRW)

2011.1Q 2012.1Q

139.5130.6

8.9 (6.4%)

174.6166.4

+8.2 (4.9% )

2011.1Q 2012.1Q

2011.1Q 2012.1Q 2011.1Q 2012.1Q

Profit for the PeriodOperating Profit


4/13

2011.1Q 2012.1Q Change (%)

Building 698.7 801.2 102.5 14.7%

Civil 364.7 394.0 29.3 8.0%

4444

1,928.7

Construction Sales

9.2(Target)

2. 2012.1Q _ Construction Sales

(bn KRW)

Building

Plant

Civil

Housing

Plant 205.2 423.8 218.6 106.5%

Housing 231.1 309.7 78.6 34.0%

Total 1,499.7 1,928.7 429.0 28.6%

Domestic 1,175.0 1,331.6 156.6 13.3

Overseas 324.7 597.1 272.4 83.9

2011.1Q 2012.1Q

28.6%

41.5%

20.4%

22.0%

16.1%

46.6%

24.3%

15.4%

13.7%

1,499.7


5/13

5

256.2

13.3%12.4%

+69.7 (37.4%) +2.6 (2.4%)

7.3%

5.8%

Construction Gross Profit Construction Operating Profit

(bn KRW)

3. 2012.1Q _ Construction Profit

186.5

2011.1Q 2012.1Q

109.9

112.5

2011.1Q 2012.1Q


6/13

6

2.3tn

16tn

Building

Singapore DTL-3 PJT(M&E)

Suwon R&D Center

Civil

Qatar Lusail Road

Housing

87.5

388.0

334.5

2.3tn (Achievement Rate 14.4%)

Overseas0.5tn

Overseas

8.6tn

Domestic

New Orders Major New Orders

4. 2012.1Q _ Construction New Orders

(bn KRW)

Orders Backlog2012 Target 2012. 1Q

2012 Target 2012.1Q Ach. Rate

Building 4,800.0 890.9 18.6%

Civil 3,000.0 398.6 13.3%

Plant 5,200.0 85.1 1.6%

Housing 3,000.0 932.6 31.1%

Total 16,000.0 2,307.2 14.4%

Domestic 7,437.5 1,777.3 23.9%

Overseas 8,562.5 529.9 6.2%

End of 2011 2012.1Q Change

Building 5,285.1 5,374.8 1.7%

Civil 4,629.7 4,634.3 0.1%

Plant 8,049.1 7,710.4 4.2%

Housing 13,616.8 14,258.2 4.7%

Total 31,580.7 31,977.7 1.3%

Domestic 21,471.7 21,935.9 2.2%

Overseas 10,109.0 10,041.8 0.7%

Segok Dong 2-3 Apt

Gangnam Jagok Dong Apt

105.6

700.0

Domestic1.8tn

7.4tn


7/13

7

4,014.8

(bn KRW)

T&I Sales2011.1Q 2012.1Q Change (%)

Industrial

Materials2,659.1 2,995.9 336.8 12.7%

Natural

Resources464.5 902.0 437.5 94.2%

5 3 %

5 3 %5 3 %

5 3 %

4 7 %

4 7 %4 7 %

4 7 %

17.8tn(Target)

Energy

Environment

Natural

Resources

Industrial

Materials

5. 2012.1Q _ T&I Sales

2011.1Q 2012.1Q

25.6%

83.2%

14.5%

2.3%

74.6%

22.5%

2.9%

3,196.4Energy &Environment 72.8 116.9 44.1

60.6%

Total 3,196.4 4,014.8 818.4 25.6%

HQ 1,489.9 1,635.1 145.2 9.7%

Overseas 1,706.5 2,379.7 673.2 39.4%


8/13

8

5.6%

6.9%

+5.5 (2.5%) +5.6 (9.9%)

1.8% 1.5%

(bn KRW)

6. 2011_T&I Profit

T&I Gross Profit T&I Operating Profit

225.5220.0

2011.1Q 2012.1Q

56.5

2011.1Q 2012.1Q

62.1


9/13

9

26.8 (47.9%)

29.28.6

5.7 (12.5%)

4,994.9

Total

4,230.7

Total

56.0

Samsung Electronics

Other AffiliatesSamsung General Chemicals

Samsung Petrochemicals

Others

Equity Method Profit Dividend Profit Total/Net Debt

(bn KRW)

7. Others

2011.1Q 2012.1Q 2011.1Q 2012.1Q End of 2011 2012.1Q

29.223.0

24.4

27.4

4.3

15.6

3,790.1

Net

3,228.5

Net

6.1

29.9

9.9

39.8

29.9

45.5


10/13

2012. 1Q 2011. 1Q

Total Const. T&I Total Const. T&I

Sales 5,943.5 1,928.7 4,014.8 4,696.1 1,499.7 3,196.4

Gross Profit 481.7 256.2 225.5 406.5 186.5 220.0

SG&A 388.0 174.5 213.5 288.5 123.3 165.2

Other Profit 80.9 30.8 50.1 48.4 46.7 1.7

Operating

Profit174.6 112.5 62.1 166.4 109.9 56.5

2011

Total Const. T&I

21,545.6 7,313.8 14,231.8

1,702.3 904.2 798.1

1,351.6 637.1 714.5

246.2 131.3 114.9

596.9 398.4 198.5

8. Consolidated Statements of Income (Summary)10

(bn KRW)

income tax179.7 198.3

Profit for the

Period130.6 139.5

2012. 1Q 2011. 1Q

Total Const. T&I Total Const. T&I

GP Margin 8.1% 13.3% 5.6% 8.7% 12.4% 6.9%

OP Margin 2.9% 5.8% 1.5% 3.5% 7.3% 1.8%

SG&A(%) 6.5% 9.0% 5.3% 6.1% 8.2% 5.2%

Profit before

income tax (%)3.0% 4.2%

Profit for the

Period (%)2.2% 3.0%

610.0

409.1

2011

Total Const. T&I

7.9% 12.4% 5.6%

2.8% 5.4% 1.4%

6.3% 8.7% 5.0%

2.8%

1.9%


11/13

End of 2011

(A)

End of 2010

(B)

Change

(A-B)

Total Assets 23,794.9 20,922.0 2,872.9

Current assets 9,343.3 8,146.3 1,197.0

Non-current assets 14,451.6 12,775.7 1,675.9

11

9. Consolidated Statements of Financial Position (Summary)

(bn KRW)

o a a es , . , . , .

Current liabilities 8,290.9 7,447.8 843.1

Non-current liabilities 4,981.4 3,989.1 992.3

Total Equity 10,522.6 9,485.1 1,037.5

Equity attributable to owners

of the parent10,420.0 9,385.0 1,035.0

Non-controlling interests 102.6 100.1 2.5

Debt-Equity Ratio (%) 126% 121% 5%p


12/13

Ownership Ratio (%)Shares

(Thousand)Price per share

End of 2012. 1QPurchase Price

Book valueEnd of 2012.1Q

Listed

Samsung Electronics 4.06% 5,976 1,275,000 395.1 7,619.9

Cheil Worldwide 12.64% 14,539 18,100 20.6 263.2

Samsung Techwin 4.28% 2,273 68,000 28.3 154.6

Samsung Fine Chemicals 5.59% 1,442 54,500 34.0 78.6

Samsung Card 2.39% 2,942 39,450 104.0 116.1

(bn KRW)

10. Investment Assets (Affiliates)12

Samsung Securities 0.26% 202 56,800 4.5 11.5

Non-

Listed

Samsung General Chemicals 38.68% 18,954 n/a 116.6 458.7

Samsung Petrochemical 27.27% 1,082 n/a 37.2 130.7

Samsung Everland 1.48% 37 n/a 3.4 67.4

*Samsung Biologics 10.44% 774 n/a 38.1 38.1

Samsung Data Systems 18.29% 13,216 n/a 180.4 817.8

Total 962.2 9,786.4

* Samsung Biologics: Purchase price expected to increase to 61.2bn KRW by August 2013, due to the decision to participate in capital increase

of Samsung Biologics


13/13

Thank youThis material is prepared by Samsung C&T Corporation for its shareholders and candidate investors as Information

for reference only and is not intended to give any guideline or information to make any decision. Certain section(s)

of this document contain forward-looking statements that are based on expectations, estimations and assumptions

of Samsung C&T Corporation and outside organizations, and therefore, please be advised that any projections or

estimates may be different from actual results and that Samsung C&T Corporation does not make any representation

or warranty either expressly or implicitly as to the correctness, completeness and a ccuracy hereof.

Samsung C&T Corporation shall not be liable for any direct, indirect, consequential, incidental or special damages

due to your Reliance on the information

13131313

Documents

Samsung C&T 1Q2012 Earnings Release