Financial Information
Track Record
- Built market leading operating platforms in consumption and resources sector
- Masan Consumer: #2 F&B company in terms of sale
- Techcombank: #3 private sector bank by total assets and deposits
- Masan Resources: #1 private sector resources company
- From #8 to #1 private sector group based on market capitalization
Masan Group share price performance since listing
- We raised approximately US$1 billion of long term capital throughout the cycle from "best-in-class” partners
- Stringently allocated capital
2 Consideration paid for acquisition was US$52 million, cash acquired was US$13 million
3 Cash and cash equivalents including short-term investments as of 27 March 2012 (US$726 million), minus contingency/ cash reserve for Masan Resources (US$1226 million)
Notes: Figures as of 27 March, 2012. Exchange rate of US$/VND = 21,000
- Consolidation of our Holdings
4 Techcombank 20.0% stake was held outside of the Group
5 Reflects 86.6% economic interest including forward purchase of 16.0%
6 Reflects 31% economic interest including subscription to Techcombank’s US$150mm subordinated debt offering on December 2, 2010
7 Reflects new issuance of ESOP
8 Reflects new issuance of ESOP
- Generating strong M&A returns
10 Net of US$159 in cash received from KKR for 10% stake
11 20x2012 P/E
12 Takes into accounts cost of call option for additional 15% stake (US$70 million)
13 Based on DCF analysis and comparable valuation method
Notes: Assuming exchange rate of US$/VND = 21,000
- Financial Performance (VND in billion)
