Copyright © First Pacific Company Limited 15 December 2022. All rights reserved.
Change in Recurring Profit (USD mln)
300 | |||||||
280 | 9.8 | 2.9 | 1.8 | 1.1 | 0.5 | 1.5 | 263.3 |
260 | |||||||
36.2 | |||||||
240 | |||||||
220 | 209.5 | ||||||
200 | |||||||
180 | |||||||
160 | |||||||
140 | |||||||
120 | |||||||
100 |
200 | 1H22 Head Office Cash Flow (USD mln) | ||||
66.3 | |||||
180 | |||||
20.9 | |||||
160 | 138.6 | ||||
140 | (22.9) | ||||
120 | 113.0 | (23.3) | (7.4) | (5.6) | (2.4) |
100 | |||||
80 | |||||
60 | |||||
40 | |||||
20 | |||||
0 |
3
Outstanding Bonds | ||||||||||||
| Principal | Coupon | Price | Term | Maturity | |||||||
| US$357.8 mln | 4½% | 98.895 | 10-Year | 16 April 2023 | |||||||
| US$350.0 mln | 4⅜% | 94.668 | 7-Year | 11 Sept 2027 | |||||||
| Mid-market data as at 1 December 2022. | |||||||||||
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500 | Head Office Borrowings at End-June 2022 (USD mln) | |||||||||||
400.0 | ||||||||||||
400 | 357.8* | |||||||||||
350.0 | ||||||||||||
300 | 260.0 | |||||||||||
200 | ||||||||||||
100.0 | ||||||||||||
100 | ||||||||||||
0.0 | ||||||||||||
0 | ||||||||||||
2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | |||||
Bank Loans | Bonds | |||||||||||
4 *To be refinanced by committed long-term bank facilities agreed in August 2022.
Roxas Holdings
$12 mln (0.3%)
Philex
Diversified Investments, Strong Returns
- Balanced weighting of mature and growth investments
- Balanced weighting of different sectors
- 18 years of growth: Gross Asset Value grew at a compound annual growth rate of 9% from end-2003 to end-2021
- CAGR of 17% in dividend income to First Pacific from 2003 to 2021
- First Pacific dividend policy of at least 25% of recurring profit since 2010
- $100 million three-year share repurchase program launched in March 2021
Group1 $244 mln (6%)
PLDT2 | Indofood |
$1.44 bln | $1.74 bln |
34% of GAV | 42% of GAV |
MPIC
$751 mln
18% of GAV
5
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First Pacific Company Limited published this content on 19 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2022 02:22:01 UTC.