Non-Deal Roadshow - Sime Darby

Non-Deal Roadshow London, September 2012

CONTENTS Introduction • Shareholding Structure & Foreign Shareholding • Core Businesses • Overview of FY2011/2012 Financial Performance • Overview of Divisional Performance Strategy Blueprint & FY2012 Results • Group & Divisional Vision • 5-Year Strategic Thrusts – New Phase of Growth • Plantation • Property • Industrial • Motors • Energy & Utilities • Healthcare Appendices

Shareholding Structure & Foreign Shareholding

3

(as at July 2012)

Shareholding Structure

Monthly Foreign Shareholding (Post Merger) 25%

Permodalan Nasional Bhd 52.0%

Highest in March 2008 : 21.25%

20% Employees Provident Fund 12.2%

15%

Others 35.8% (Foreign Shareholders 21.15%)

Lowest in Feb 2009 : 12.29%

10% 5% 0%

FY2011/2012 Financials & Key Ratios Turnover : RM47,602m

Net Profit : RM4,150m

Shareholders’ Fund : RM26 bil

Debt-to-Equity : 36.5%

Total Assets : RM42 bil

Market Capitalisation RM59 bil (USD19.7 bil)* As at 303h Aug 2012

*As at 30th August 2012, share price : RM9.82 (USD1 = RM3.002)

July 2012 : 21.15%

Sime Darby Group: Core Businesses

4

Industrial-Based

World’s largest listed oil palm plantation company in terms of planted area

World’s 5th largest CAT dealer

Consumer-Based

Third most efficient port (Weifang Port) in Shandong province

Malaysia’s largest Community Developer

One of China’s largest independent BMW dealers

One of Malaysia’s leading private healthcare provider

FY2011/2012 Financials (RM mil) Rev: 14,126

Rev: 13,169

Rev: 1,179*

Rev: 2,043

Rev: 16,597

Rev: 348

PBIT: 3,203

PBIT: 1,351

PBIT: 335*

PBIT: 467

PBIT: 702

PBIT: 26

Inv Cap: 16,597

Inv Cap: 6,900

Inv Cap: 1,300*

Inv Cap: 5,802

Inv Cap: 3,740

Inv Cap: 429

ROIC: 19%

ROIC: 20%

ROIC: 26% *

ROIC: 8%

ROIC: 19%

ROIC: 6%

6-year Average ROIC (FY07 – FY12)

21%

21%

18%**

9%

*Excludes discontinued operations **Excludes FY10 PBIT & ROIC. Including FY10, E&U 5-year average ROIC is -2%.

12%

8%

Group Financial Highlights

5

Net Profit rose by 13% RM m

Year ended 30th June

2012

2011

47,602

41,859

Profit Before Interest & Tax

5,928

5,602

Finance Income & Expense (Net)

(207)

(153)

Profit Before Tax

5,721

5,449

(1,308)

(1,603)

4,413

3,847

(66)

1

Non-Controlling Interests

(196)

(183)

Net Profit Attributable to Shareholders

4,150 69.1

Revenue

Taxation Profit After Tax (Loss)/Profit from Discontinued Operations *

Basic EPS (sen)

Change +

14%

+

6%

+

5%

+

15%

3,665

+

13%

61.0

+

13%

* Excludes discontinued operations (cut-off date of discontinued operations on 31st March 2012 following the completion of the disposal of the fabrication yards)

Overview of Divisional Performance

6

Twelve months ended 30 June 2012

Profit Drivers FY2012

Segment Results

Division

Segment Results* (RM m)

Plantation

3,203

Industrial

1,351

% (YoY)

-3%

27%

Motors

702

Property

467

2%

E&U**

335

36%

26

0.4%

Healthcare Others

69

* Excludes corporate expenses ** Excludes discontinued operations

11%

64%

Plantation Division  Average realised CPO price at RM2,925/MT (RM2,906 in FY2011)  Group FFB production decreased by 3%  Higher OER at 21.8% (21.4% in FY2011)

Industrial Division  Stronger demand in mining, logging & construction sectors in Australasia and Malaysia  Higher delivery of power systems to the oil & gas and marine sectors in Singapore  The newly acquired Bucyrus business contributed a profit of RM58 million in its first six months of operations Motors Division  Strong contribution in most regions particularly Malaysia, Singapore and New Zealand Property Division  Improved performance due to higher contribution from residential properties E&U Division  Recognition of deferred revenue for PD power plant and higher contribution from port operations in China due to higher cargo throughput Others  Higher contribution from Tesco and the insurance brokerage business

Strategy Blueprint : Divisional Vision

7

To be a leading multinational corporation delivering sustainable value to all stakeholders

To be a

leading integrated global plantation company

To be a high

performance distributor of Caterpillar products and allied solutions

To be a

leading automotive player in the Asia Pacific region

To be a leader in building

sustainable communities

To be a

significant Power player in the Asia Pacific Region To be a

leading player in port and water management in Shandong Province

To become the gold

standard healthcare provider in

the Asia Pacific region

Strategy Blueprint : The Way Forward – 5-Year Strategic Thrusts 1

REALISE FULL POTENTIAL OF THE CORE BUSINESSES Achieving operational excellence and capitalise on synergies

Strengthen relationships with strategic and business partners 2

STRIVE FOR LEADERSHIP POSITION Secure and strengthen leadership positions Leverage on strengths and competitive advantage - technology, partnerships and integration 3

PURSUE STRATEGIC PORTFOLIO GROWTH Expand into related businesses Enter new growth markets

4

INSTITUTE PERFORMANCE AND VALUE-DRIVEN CULTURE Subscribe to good corporate governance and high ethical values Strengthen performance and rewards practice Leverage on talent and capabilities

8

Plantation : Vision and Strategic Thrusts Plantation Upstream : Best-in-class global producer of green palm oil

1

9

Realise Full Potential Of The Core Businesses

Key focus areas:

Plantation Downstream : Competitively active global downstream business

Cost FFB Yield OER

Landbank expansion 2

Strive For Leadership Position

Leading

West Africa

Global producer of green palm oil products 3

Pursue Strategic Portfolio Growth

Upstream Rubber Land bank expansion

Plantation Division

10

Slight decline in profits due to lower FFB production External Revenue

RM m

RM m

Plantation Division’s PBIT decreased marginally by 3% YoY in spite of :

Segment PBIT

3,900

8,000

• Higher average CPO price realised of RM2,925/MT (FY2012) versus RM2,906/MT (FY2011)

7,400 7,000

6,726

6,670

3,266

3,355

• Higher OER at 21.8% in FY2012 as compared to 21.3% in FY2011

6,498 2,900

6,000

However, the Group FFB production declined by 3% attributable to : • Lower FFB production in Malaysia and Indonesia of 1.6% and 6.6%, respectively, due to weather conditions and tree stress

5,000 1,900 4,000

Loss in Midstream & Downstream due to : 3,000

• Lower utilisation rate

900

• Narrower price spread 2,000

• Impact of Indonesia’s export -62

1,000 Upstream & Others

Midstream & Downstream

-100

Upstream & Others

-75

Midstream & Downstream

Change

+56

+902

Change

-89

+13

% Change

+1%

+14

% Change

-3%

+17%

tax structure • Lower demand in Europe

Current Yr Previous Yr

Plantation Division

11

Sime Darby’s Malaysian yields decline in FY2012 was in-line with industry trends but marginal compared to the other players

The plantation industry in Malaysia was affected by tree stress and the laggard effect of El Nino FFB Yields (MT/ha) 30

~44% of Company A’ s total plantation ha in Malaysia

FY2012 FY2011

25 20.6

21.5

22.5

22.6

22.0

24.6

~80% of Company B’ s total plantation ha in Perak

25.9

22.8

22.5

24.2

25.7

~60% of Company C’ s total plantation ha in Sabah

26.2

22.9

23.7

20

15

10

5

0 Sime Darby Group

SD Malaysia still performed better than its peers

SD Malaysia

Company A

MALAYSIA

SD Malaysia : -0.4% YoY Company A : -2.2% YoY

SD Malaysia Perak

Company B

PERAK

SD Malaysia -5.0% YoY (Perak) : Company B : -5.8% YoY

SD Malaysia Sabah

Company C

SABAH

SD Malaysia (Sabah) : Company C :

-1.9% YoY -3.4% YoY

Plantation Division

12

Recovery in Sime Darby Indonesia’s Kalimantan yields

Monthly FFB Yields (MT/ha) – SD Indonesia 2.0 1.8 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 -

0% -5% -10% -15% -20% -25% December January

February FY12

March FY11

April

May

June

YoY Growth (RHS)

FFB Yields by Region (MT/ha) – SD Indonesia 2.0 1.5

• The YoY gap in yields have been narrowing since Mar ‘12

Kalimantan yields recover

1.0

Sime Darby Indonesia (Kalimantan) Sime Darby Indonesia Sime Darby Indonesia (Sumatera)

• Recovery from adverse weather conditions • Counter measures carried out to improve FFB yields in Kalimantan have shown positive results

Plantation Division

Riding on resilient CPO prices RM/MT 3,600

Sime Darby’s Realised CPO Prices

3,400 3,200

Malaysia

3,000

Indonesia

2,800

Group

2,600 2,400 2,200 2,000

The CPO prices have been ranging between RM2,400 and RM3,400 in the last two financial years, hence maintaining reasonable margins

13

Plantation Division

14

FFB Yield & Production Targets MT/ha FFB Yield 26.5

26

25.5

22.5

24

24.0

20.7

22 20

18.6

16

9.8 10.1 9.8

10 6.6

6.4

7.4 6.3 3.3

4

12.7

12

11.8

12

6

17.9

14

14

8

20.6

18

FFB Production

m MT

28

3.7

3.5

4.4

2

10 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13F FY14F FY15F FY16

Malaysia

Group

0 Malaysia

Indonesia

Group

Indonesia

 Indonesian yields increased from 7-8 MT/ha at the point of takeover in 2001 to 19.8 MT/ha in 2011  + 56% improvement within 6 years during the turnaround of Minamas Plantation (FY05 – FY11)

CPO Production 3 m MT 2.68 2.44

%

OER

25

2

24.0

24 23.0

23 22

2.16 2.16

22.0

1.39 1.34

22.8

22.7 22.1

21.9 21.4

21.2 21.1 21.2

21.8

1.48

1

1.62

0.76 0.82

21

0.96

1.05

20 19 Malaysia

Indonesia Legend :

FY 2009/2010

Group

0

FY 2010/2011

Malaysia FY 2011/2012

Indonesia FY 2015/2016F

Group

Industrial : Vision and Strategic Thrusts

15

To be a high performance distributor of Caterpillar products and allied solutions 1

Realise Full Potential of the Core Businesses

Leverage & grow existing CAT distributorships Double non-CAT profit contribution 2


Leading

3

Dealer


Integration of Bucyrus Broaden O&G services capability & regional footprint in non-CAT segment

Industrial Division

16

Sterling profit due to robust demand in the mining, logging & construction sectors External Revenue

RM m

Segment PBIT

RM m

10,000

1,000

951

9,059

8,000

• Strong contribution from Australasia and Malaysia due to continued robust 734 demand in the mining, logging and construction sectors

800 6,418

6,000

600

4,000

400

2,000

1,973 883

200

715

0

0 Malaysia

• Higher delivery of power systems to the oil and gas & marine sectors in Singapore • The newly acquired Bucyrus business made its maiden contribution of RM58m in the first six months of operations

2,026

1,253 1,112

Industrial Division’s PBIT rose by 27% YoY on the back of:

SE Asia ex China/HK Australasia Malaysia

136

166 109

93

98

132

• China/Hong Kong continued to be affected by the weaker demand in the Malaysia SE Asia ex China/HK Australasia construction sector Malaysia mainly due to slower pace in economic growth

Change

+141

+168

-53

+2,641

Change

+27

+73

-34

+217

% Change

+13%

+23%

-3%

+41%

% Change

+25%

+78%

-26%

+30%


Industrial Division

17

Opportunities despite challenging times ahead for the mining industry…

Pressure on coal prices

• Decreasing demand • Slowdown in mining investment

• Cost-cutting measures by mining companies • Deferment of orders

HOWEVER… Similar situation seen during the ‘09 Global Financial Crisis • Orders gradually recovered once prices stabilised

Current Order book remains strong at RM 4.0 billion (5 – 20 months) 80%

• No material impact on orders currently being assembled and processed for delivery for FY201213

Profit Contribution Breakdown (FY2012)

60% 40% 20%

• Delay in confirmation of delivery orders for FY2014-16

67% 33%

61%

39%

0%

2H FY2012 Equipment & Others

1H FY2012 Parts and Services

• Rental and parts & services segments will benefit due to increase in repair and maintenance activities • Parts & Services contribution to profits (Australian operations) have steadily increased in the second half of FY2012

Motors : Vision and Strategic Thrusts

18

To be a leading automotive player in the Asia Pacific region 1

Realise Full Potential Of The Core Businesses

Grow with existing strategic partners Expand after-sales & used-car business Assembly: Strengthen capacity Indo China, South Asia

2

New growth markets

Expand presence in Asia Pacific region Excellent customer service 3

Commercial & Special vehicles

Luxury used-cars



Pursue strategic projects identified Strategic property / sites

Motors Division

19

Continued strong performance for all marques, particularly in Malaysia RM m

External Revenue

Segment PBIT

RM m

8,000

Motors Division’s PBIT grew by 11% YoY due to:

400 6,871

6,675

• Strong demand for all the major brands in Malaysia, Singapore and New Zealand despite the weaker performance in China

331 304

6,000

300 245

4,000

3,937 200

3,469

3,297

• Decline in performance in China is due to stiff competition resulting in squeezed margins

178

2,880 127

2,320 1,967

2,000

102

100

26

0

Malaysia

SE Asia ex Malaysia

China/HK

Australasia

0

Malaysia

SE Asia ex Malaysia

China/HK

22

Australasia

Current Yr Previous Yr Change

+589

+640

+196

+353

Change

+126

+25

% Change

+20%

+19%

+3%

+18%

% Change

+71%

+25%

-86

+4

-26%

+18%

Motors Division

20

Distributors and dealers of luxury marques Malaysia

Singapore

Thailand

Hong Kong

Macau

China

Australia

New Zealand

Distributor & Dealer


Dealer



Dealer

Dealer


Rental Rental

Dealer Assembly (Inokom)

Dealer

Rental Note: 1. Sime Darby owns 49% of BMW Malaysia

Motors Division

21

In China, we are focused on the premium auto market with emphasis on luxury marques such as BMW, Jaguar Land Rover and McLaren

Shanghai

 Chengdu

 Shanghai

 Changsha

Zhejiang

Sichuan

Hunan Yunan

Guangdong

 Hangzhou

    

Shantou Tianhe, Guangzhou Panyu, Guangzhou Ma Que Ling, Shenzhen Nanshan, Shenzhen

Hong Kong & Macau  Kunming  Qujing

Hainan

 Haikou

Dec 2010: Official McLaren Automotive dealer in Hong Kong.

Motors Division

22

Improved performance on the back of strong demand in Malaysia and Singapore

Malaysia and Singapore continue its excellent performance with a 8% - 9% YoY growth in sales

China/HK/Macau displays its resilience with a 2% YoY growth in sales

RECENT LAUNCHES IN MALAYSIA & SINGAPORE (4Q FY12)

RECENT LAUNCHES CHINA/HK/MACAU (4Q FY12)

Alfa Romeo Giuletta Launch (May 2012 in Malaysia)

BMW 6 Series Gran Coupe (F06)

Recent launch of new showrooms:

• Sime Darby Auto Hyundai, Ipoh (Malaysia) – May 2012 • BMW 4S Centre, Yunnan (China) – June 2012

New BMW 320i (May 2012 in Singapore)

MINI Inspired by Goodwood (June 2012)

Property : Vision and Strategic Thrusts

23

To be a leader in building sustainable communities 1

Realise Full Potential of the Core Businesses Cost discipline & efficient project management - reduce product development lead time:

China

15

months

9 months

Leverage on synergies & integration Enhance Brand & Quality

Middle East 2 Indonesia


Undisputed Malaysia Property Developer & Leader in developing sustainable communities

Australia

Penang

Greater KL

Johor Singapore

East Malaysia

3

1

New township every

2 years

1

Niche development every year

Pursue Strategic Portfolio Growth Strategic alliances: 

New development areas with high growth potential



Property investments

Property Division

24

Slight improvement in earnings due to higher property sales RM m

Profit from Property Division increased marginally by 2% YoY due to:

Segment PBIT

External Revenue RM m

500

2,000 1,817

449

1,776

• Increase in property development works completed for the various townships including Bandar Bukit Raja and Denai Alam

434

400 1,500

300 1,000

• Unbilled sales as at 30th June 2012 stands at RM 1.2bn

200

500 100 226

211

0

0

Property Development Change % Change

+41 +2%

Property Development

Asset Mgmt & Hospitality +15

Change

+15

+7%

% Change

+3%

• Impressive takeup rates of 85% 22 19 for launches between Aug ‘11 Asset Mgmt & and May ‘12 Hospitality -3 -14%


Property Division

25

Expected Launches for 1Q FY2012/2013 Project Description New & Modern Office Suite

Melawati Corporate Centre

Development Type Strata Retail & Corporate Suites

GDV RM81mil

Location Taman Melawati

Target Launch September 2012

Project Description Waterfront Homes Development Type 3 Storey Super Link

GDV RM65mil

Target Launch September 2012 Location Bukit Jelutong Project Description Sky Community Gardens

• • • • •

Development Type 39 acres of freehold land Condominium GDV of £8 billion Target Launch • Land cost of £400 million is only 5% of the GDV September /October 2012 Mixed Development (57% Residential, 43% Commercial) Location GDV RM335mil SPA signed on 4th July 2012 Taman Melawati Completed all due diligence and investigations Source : battersea-powerstation.com

Property Division

26

Sime Darby Property’s Biggest International Property Development To Date

Battersea Power Station

Strong International Experience

• • • • • •

Financial Strength

Execution Capabilities

39 acres of freehold land GDV of £8 billion • Land cost of £400 million is only 5% of the GDV Mixed Development (57% Residential, 43% Commercial) SPA signed on 4th July 2012, to be completed on 4th September 2012 Battersea Completion Event to be held in September 2012 1st phase of launches will be in 3Q FY2013

E&U Non China : Vision and Strategic Thrusts

27

To expand the business to become a significant power player 1

2

Realise Full Potential of the Core Businesses 

Achieve operational excellence  Plant availability  Load Factor  Efficiency



Institute best-in-class practices Strive For Leadership Position

Notable power player in the region

Current combined gross capacity for Power (Malaysia & Thailand)

590 MW

3

Pursue Strategic Portfolio Growth  

Power plants in Malaysia & Thailand Exited the Oil & Gas business

E&U China : Vision and Strategic Thrusts

28

To be a leading player in port and water management in Shandong Province Realise Full Potential of the Core Businesses

1  Beijing Shandong Shanghai



 Weifang Port: New berth expansion  Jining Port: 4 new ports  Weifang Water: Expand capacity to 200,000 m3/day

Shandong Province, China

2 Weifang

Jining

Optimise asset utilisation & operational efficiencies Successful & timely completion of all expansion plans


Leading Port operator in Shandong province

3 Pursue Strategic Portfolio Growth

Ports Ancillary services Logistics/industrial park activities adjacent to Ports

Energy & Utilities Division

29

Increase in profits due to additional income from the Power and Port businesses External Revenue*

RM m

Segment PBIT*

RM m

700

Energy & Utilities Division’s PBIT increased by 40% YoY primarily due to:

270 624

236

600

500

• Recognition of deferred revenue of RM99.4 m from its power plant in Malaysia

497 421

170 381

400

159

• Higher contribution from port operations in China due to higher cargo throughputs

300

182

200

63 58

70

149

47 100

58

Power

Utilities China

Engineering Services

+33

+40

Others

+127 +26%

+22%

*Excludes discontinued operations

+10%

Power -30

-100 % Change

-9 -10

-48

0

Change

39

Utilities China

Engineering Services

Others Current Yr

-106

Change

+77

5

+8

+1

-183%

% Change

+48%

+9%

+21%

+10%

Previous Yr

Energy & Utilities Division

30

Additional investment of RM1.4 billion to expand Weifang Port’s operations in China 3 x 30,000 MT general cargo berths

66

77

6 x 30,000 MT general cargo berths 1 1

3x 10,000 MT dry bulk berths

2 x 50,000 MT liquid cargo berths

8 8

4 x 30,000 MT dry bulk, salt berths

5

2

2

33

4 4 3 x 30,000 MT crude oil, petroleum, liquid chemicals berths

Existing berths Upcoming berths

3 x 20,000 MT general cargo berths

Berths Sizes 3 x 30,000 MT 6 x 30,000 MT

2 x 50,000 MT

2 x 5,000 MT dry bulk berths

Berth Type

Status

Pending regulatory approvals and development works General Berths (target to be operational by Liquid Berths FY15/16) Investment of RM 1.4 billion in the next three years Container Berths

• Increase in throughput from the current 18m MT to > 50m MT (by FY16) • Increase in capacity from the current 22m MT to 100m MT (by FY16)

E&U China : Ports & Water

31

WEIFANG PORT THROUGHPUT & CAPACITY

Future Growth Plans

WEIFANG WATER TREATMENT

Shandong Province, China

THROUGHPUT & CAPACITY

FY2011

FY2016

Current Throughput

Target Throughput

FY2011

FY2016

18 million MT

50 million MT

Current Throughput

Target Throughput

Current Capacity

Target Capacity

33 million MT

52 million MT

22 million MT

100 million MT

Current Capacity

Target Capacity Binzhou 73 million MT

35 million MT Dezhou

Yantai Weihai Qingdao

Jinan Liaocheng

Dongying

Zibo

The new

tonnes berth has

Weifang

increased the total

Laiwu

capacity of Weifang Sime

Taian

Darby Port from 15m MT Rizhao

Jining Heze

3 X 10,000

p.a. to

22m MT p.a.

Linyi Zaozhuang

JINING PORTS & THROUGHPUT CAPACITY

FY2011

FY2016

Current Throughput

Target Throughput

8 million MT

14 million MT

Current Capacity

Target Capacity

11 million MT

19 million MT

* Source : Arthur D’Little Report

Beijing

CHINA

Shandong Shanghai

Healthcare : Vision and Strategic Thrusts

32

To become the gold standard healthcare provider in the Asia Pacific region 1

Realise Full Potential Of The Core Businesses  

SDMC Subang Jaya

SDMC Ara Damansara

SDMC ParkCity



New Campus

2

Integrate hospitals & leverage on synergies Grow network of healthcare facilities in Malaysia & referral partners throughout the region Healthcare Education: Enable graduates to be sought after in the healthcare industry


Extend Healthcare brand regionally

Vietnam

Attain & maintain international accreditation

Thailand Singapore

Best-in-class customer service, quality care & education

Indonesia

3 Pursue Strategic Portfolio Growth

Extend Healthcare brand regionally

  

Advisory & Consultancy Wellness Healthcare Education

Healthcare & Others

33

Marginal decline in Healthcare profits due to high startup costs External Revenue (YTD FY2012)

RM m

Segment PBIT (YTD FY2012)

RM m

Profit of Healthcare Division declined marginally by 5% YoY primarily due to:

300 40 257 250

35

35

235

• Start-up expenses for the new hospital in Ara Damansara • Lower contribution from healthcare education

30 200 161 150

25

20

122

Other Businesses recorded a higher profit at RM35m, an increase of 192% YoY against last year’s profit of RM12m due to :

18

19

15

100

12

10

• Impairment of Continental Sime Tyre of RM24.3m in the previous year

50 5

0

0

Healthcare

Others

• Tesco achieving a profit of RM18.9m, higher by 62% YoY compared to last year

Healthcare

Others

Change

+22

-39

Change

-1

+23

% Change

+9%

-24%

% Change

-5%

+192%


Healthcare Division

34

Leading-edge and JCI-accredited healthcare provider in Malaysia Existing Hospitals Sime Darby Medical Centre Subang Jaya

“One of the leading private hospitals in Malaysia” Description • 393-bed hospital Achievements • JCI Accreditation (4Q2009) • Prime Minister’s Quality Award (1999 & 2003) • Brand Laureate 2009 – Best Brand in Healthcare (Hospital)

Sime Darby Medical Centre Ara Damansara

“Centre for heart, neuro, spine and joint diseases” Description • 220-bed hospital • Located in Ara Damansara

Investment Cost • RM240 million Officially launched in March 2012

Future Hospital Sime Darby Medical Centre Park City

“Centre of excellence for Women & Child’s Health and Geriatrics” Description • 300-bed hospital • Located in Desa ParkCity

Timeline to completion • FY2012/13 Investment Cost • RM65 million

APPENDICES

Appendix 1 : Plantation Division

36

Upstream Geography

Add Title Add Text • Add detail • More detail

Liberia Planted Landbank

: 10,046 ha : 220,000 ha

Indonesia

Total Landbank (ha)

359,534

299,263

220,000

878,797

Total Oil Palm Planted Area (ha)

314,294

205,845

3,350

522,489

Total Rubber Planted Area (ha)

7,862

-

6,696*

14,558

* Rubber plantation from ex-Guthrie estates in Liberia

: 47,166 ha : 54,276 ha

Sulawesi Planted Landbank

: 4,253 ha : 8,313 ha

Kalimantan Planted : 131,911 ha Landbank : 189,749 ha

Malaysia

As at 30th June 2012

Sabah Planted Landbank

Liberia

Group

Sarawak Planted Landbank

: 40,695 ha : 48,159 ha

Sumatera Planted : 68,681 ha Landbank : 101,201 ha Peninsular Malaysia Planted : 234,295 ha Landbank : 257,099 ha


37

Age Profile (as at June 2012)

The Group still has a relatively young age profile of its trees As at 30th June 2012

Sime Darby has 522,490 ha of oil palm planted area of which 90% of the trees are mature and the remaining 10% immature.


38

Future Growth Plans

Malaysia • North port • Refinery (660K MT) • Commissioned in Jan 2012

Europe

North Africa

China • Rizhao • Bulking facility (82K MT)

Liberia • Planted Oil Palm: 3,350k ha (since first planting commenced in May ‘11) • Landbank: 220k ha Upstream Expansion

China

Cameroon • Status : Feasibility and Due diligence studies

Midstream/ Downstream Expansion

East/South Africa

Upstream Expansion in West Africa  Strategic location - access to Europe and North Africa  Ample arable landbank with suitable agronomic conditions Downstream Expansion  Fully integrated plantation player - the completion of both the Northport and Pulau Laut refineries will result in ~60% of internal CPO being absorbed by our downstream refineries (currently ~30%)

Indonesia • Pulau Laut • Refinery (825K MT) • Expected completion date: 2Q FY12/13


39

Latest Developments

New Mills  

RSPO Certification

Sua Betong (60 MT/hour) in Negeri Sembilan, Malaysia Mustika (60 MT/hour) in Kalimantan Selatan, Indonesia

New Refinery & Kernel Crushing Plant 

Commencement of Northport operations in Port Klang:  660,000 MT p.a. for refining and fractionation activities  135,000 MT p.a. for kernel crushing activities



55 out of 62 Strategic Operating Unit (SOUs) have been RSPO-certified





Malaysia : 39 SOUs



Indonesia : 16 SOUs

Total RSPO oil production (as at June 2012) : 2.15 m MT

Appendix 5 : Industrial Division

40

Investment in China

• Primary Markets : Construction & power systems • Presence in Hong Kong, Macau and 7 provinces in the Southeastern part of China, plus Xinjiang Xinjiang coal reserves are

~40%

of China’s total coal deposits

Xinjiang

Jiangxi Hunan

Fujian

Dealership Territories

Guangxi

Guangdong

Branch / CAT Rental Store (CRS)

Hong Kong & Macau

Provincial HQ

Hainan


41

Caterpillar’s Acquisition of Bucyrus

With the addition of Bucyrus products, Caterpillar’s addressable market will grow from 23% to 75% Caterpillar’s current mining product line (pre-acquisition)

Source: Caterpillar

Caterpillar’s combined mining product line (post-acquisition)


42

New coal mining activities in Queensland, Australia Project

Principal

Total Coal Output

Target Delivery Date

Caval Ridge

BMA Alliance

7 mtpa

2013

Daunia

BMA Alliance

7 mtpa

2014

Wandoan

Xstrata

30 mtpa

2014/15

Blackrock

Xstrata

10 mtpa

2015

Codrilla

Macarthur

10 mtpa

2014/15

Adani

Adani

60 mtpa

Late 2014

Carmichael

Hancock/GVK

60 mtpa

Late 2014/Early 2015

MTPA : Million Tonnes Per Annum

Contribution to Hastings Deering’s order book by customer (%) Leighton Group, 13%

Others, 61%

 Hastings Deering’s top three customers are Leighton Group, BMA Alliance and

BMA Alliance, 12% Xstrata, 5% Rio Tinto, 5% 4% Downer,

Xstrata who contribute a total of 30% to their order book  Both BMA and Xstrata have mineral

projects in Queensland that will commence between 2013 and 2014.

Total mining output in Queensland constitutes in Australia

40% of total mining output

Appendix 8 : Property Division

43

Existing and Future Townships

Greater Kuala Lumpur

Existing Townships (balance landbank of 2,700 acres) 1

2 3

Guthrie Corridor a. Bukit Jelutong (2,200 acres : 90% completed) b. Denai Alam (1,000 acres: 70% completed) Subang Jaya – SJCC, USJ Heights, Putra Heights (6,000 acres: 90% completed) Ara Damansara (762 acres: 90% completed)

4

Bandar Bukit Raja 1 (1,672 acres : 80% completed)

5

Melawati (905 acres: 80% completed)

6

Nilai Impian/Utama (1,263 acres: 50% completed)

7

KLGCC (365 acres)

9

10

Bandar Ainsdale (520 acres) Affordable homes Guthrie Corridor (2,294 acres) a. Elmina East b. Elmina West Subang Jaya – Taipan City (27 acres)

Bdr Bukit Raja 11

5 9

1

1

Kuala Lumpur

7

4 3

Ara Damansara 2

Subang Jaya 10 3

2

Putrajaya 4

Cyberjaya

Future Townships (9,267 acres) 8

Guthrie Corridor

SELANGOR

5

KLIA

11 Bandar Bukit Raja 2 & 3 (2,690 acres) 12 Sg Sekah Estate (636 acres)

Current Townships

Vision Valley M’sia 13 East (3,100 acres) a. Sports Cluster b. Education Cluster

Future Townships

Sime Darby Property is also collaborating with its strategic partners on developments in Penang, Johor and overseas

12

6

8 13 Labu Sepang

NEGERI SEMBILAN

Appendix 9 : Property Division

44

Pursue Strategic Portfolio Growth – Strategic Partnership (Eastern & Oriental Bhd)

Acquisition of 30% Stake in E&O

On-going Projects

30% Strategic Rationale 1

2

Gain exposure to prime landbank in Penang and Johor

Ariza Terrace

St Mary Residences

Quayside

Villa-by-thesea

Access to E&O’s unique talent, strong branding, experience and expertise as a niche premium property developer

More than RM350m of Gross Profit to be recognised by E&O in the next 2-3 years

Appendix 10 : Healthcare Division

45

Sime Darby Medical Centre Ara Damansara launched in March 2012

Centre of Excellence for Women & Child’s Health, Geriatric, Breast Care Center, Endocrinology, Child Development State-of-the-art facilities with premier lounge and boutique services  57

clinical

theaters.

suites,

5

delivery

6

operating rooms,

10

chemo daycare beds

Soft launch – 12 December 2012

 Sime

Darby

Healthcare’s

first

prototype in paperless culture

SDMC Subang Jaya 393 beds SDMC Ara Damansara 220 beds SDMC Desa Park City 300 beds

Total Patient Beds

913

Thank You