company profile · 2016. 1. 27. · india sri lanka new zealand australia indonesia singapore...
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COMPANY PROFILEInformation as at 3Q15
VISION
Customer Focus
Result Oriented
People Development
Innovative Partnership
To be A Leading Hospitality, Restaurant Operator and Lifestyle Brand Retailer through the delivery of branded products and services that provide 100% satisfaction to all stakeholders
2Overview
HISTORY - KEY MILESTONES
3Overview
Joint venture with
In African Assets
50% stake in
Thailand
FoundedRGR , MFG and MINOR listed
M&A of RGR and MFG and
became
MFG launchedFounded
Launched 50% stake in
70% stake in
Completed group business
restructuring; Delisted
80% stake in
1978 1980 1988-9 2000 2001 2003 2008 2009 2010 2011 2012 2013 2014 2015
Launched
100% stake in
Launched
Acquired
Increased stake to 31% in
50% stake in
95% stake in
80% stake in
49% stake in
Acquired
11% stake in
50% stake of
& Niyama, Maldives
80% stake in
25% Investment inAcquired remaining 30% stake in
25% Investment in Pemba, Matemoand Medjumbe
49% Investment in hotel & mixed use project in Maputo,
Mozambique
Acquired
in Australia
Acquired 7 hotels
Invested in
Increased stake to 69.2% in
Acquired Oaks Darwin
Acquired additional 20% stake in
MINT - CONSISTENT GROWTH
4
ASSETS
TOTAL REVENUES
MARKET CAP
Overview
-
10,000
20,000
30,000
40,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
THB Million
-
20,000
40,000
60,000
80,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
-
50,000
100,000
150,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
THB Million
THB Million
-
50,000
100,000
150,000
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
MINT - TODAY
5Overview
Shared Services
Hotel
• Equity-Owned• Hotel and Serviced Suites
Management
Spa
Plaza & Entertainment
Residential Development
Point-Based Vacation Club
Casual Dining Restaurants
• Equity-Owned• Franchised
Cheese & Ice-Cream Manufacturing
HOTEL & MIXED-USE RESTAURANT
2014 REVENUE CONTRIBUTION
REVENUE & PROFIT CONTRIBUTION BY BUSINESS GROUPS
6
2014 EBITDA CONTRIBUTION 2014 NPAT CONTRIBUTION
5Y AVG REVENUE CONTRIBUTION 5Y AVG EBITDA CONTRIBUTION 5Y AVG NPAT CONTRIBUTION
Overview
Others9%
Restaurant42%
Hotel & Mixed-use
49%
Others4%
Restaurant32%
Hotel & Mixed-use
64%
Others4%
Restaurant35%
Hotel & Mixed-use
61%
Others10%
Restaurant44%
Hotel & Mixed-use
46%
Others3%
Restaurant37%
Hotel & Mixed-use
60%
Others2%
Restaurant43%
Hotel & Mixed-use
55%
7Overview
UAE
Brazil
Namibia
Zambia
Mozambique
Tanzania
Kenya
Portugal
Egypt
Saudi Arabia
Botswana
Lesotho
Bahrain QatarUK Oman
Enhance profile, reputation & recognition with 135 hotels and serviced suites, 1,787 restaurant outlets and 55 spas in 33 countries.
MINT’S PRESENCE
Seychelles
MaldivesIndia Sri Lanka
New Zealand
Australia
Indonesia
Singapore
Malaysia
Cambodia
Philippines
Myanmar
China
Korea
Laos
Vietnam
As of Oct 2015
HOTEL & MIXED-USETo be the Leading Hospitality Partner Maximizing Shareholder Value
8
HOTEL PORTFOLIO – Oct 2015
9Hotel & Mixed-use
Thailand Outside Thailand
48 Oaks (44 Australia, 3 New Zealand & 1 Dubai)
THAILAND OUTSIDE THAILAND
MA
JOR
ITY
-O
WN
EDJO
INT
VEN
TUR
EP
UR
ELY
M
AN
AG
EDM
LR*
* MLR is Management Letting Rights (Management of Serviced Suites)
3 Four Seasons7 Anantara
1 St. Regis
1 AVANI
1 Oaks
4 AVANI (Sri Lanka, Vietnam
Botswana & Namibia)
2 Oaks(Australia)
7 Tivoli(2 Brazil & 5 Portugal)
3 Anantara (Maldives, Vietnam,
Cambodia)1 JW Marriott1 Marriott
6 AVANI(1 Vietnam, 1 Sri Lanka,
1 Mozambique, 1 Zambia, 2 Lesotho)
8 Elewana(Africa)
1 Radisson Blu(Mozambique)
2 Serendib(Sri Lanka)
13 Anantara (2 Bali, 1 Vietnam,
3 China, 1 Qatar & 6 UAE)1 Oaks (UAE)
2 AVANI(Malaysia & Seychelles)
1 Naladhu(Maldives)
4 Cheli & Peacock (Africa)
2 Cheli & Peacock (Africa)
1 PER AQUUM (Maldives)
3 PER AQUUM(Tanzania, Maldives & UAE)
6 Anantara (2 Maldives, 1 Zambia, 3
Mozambique)
6 Anantara
HOTEL PORTFOLIO – 135 PROPERTIES WITH 17,355 ROOMS IN 22 COUNTRIES
10Hotel & Mixed-use
Hotel Name Country # RoomsAnantara Bangkok Riverside Thailand 407
Anantara Siam Bangkok Thailand 354
Anantara Hua Hin Thailand 187
Anantara Golden Triangle Thailand 77
Anantara Bophut Koh Samui Thailand 106
Anantara Phuket Villas Thailand 83
Anantara Phuket Layan Thailand 77
Anantara Kihavah Villas Maldives 79
Anantara Hoi An Vietnam 94
Anantara Angkor Cambodia 39
AVANI Kalutara Sri Lanka 105
AVANI Quy Nhon Vietnam 63
AVANI Gaborone Botswana 196
AVANI Winghoek Namibia 173
Four Seasons Chiang Mai Thailand 76
Four Seasons Tented Camp Thailand 15
Four Seasons Koh Samui Thailand 60
JW Marriott Phuket Thailand 265
Pattaya Marriott Thailand 298
The St. Regis Bangkok Thailand 224
Oaks Grand Gladstone Australia 144
Oaks Elan Darwin Australia 301
Tivoli Sao Paulo Brazil 220
Tivoli Ecoresort Praia do Forte Brazil 287
Tivoli Lisbao Portugal 306
Tivoli Marina de Villamoura Portugal 383
Tivoli Marina de Portmao Portugal 196
Tivoli Carvoeiro Portugal 293
Tivoli Oriente Portugal 279
Majority Owned 29 5,387
Hotel Name Country # RoomsAnantara Veli Maldives 67
Anantara Dhigu Maldives 110
Anantara Bazaruto Island Mozambique 44
Anantara Medjumbe Mozambique 12
Anantara Matemo Mozambique 23
Royal Livingstone Hotel Zambia 173
AVANI Pemba Mozambique 185
AVANI Lesotho Lesotho 158
AVANI Maseru Lesotho 105
AVANI Bentota Sri Lanka 75
AVANI Victoria Falls Zambia 212
AVANI Haiphong Harbour View Vietnam 122
Club Hotel Dolphin Sri Lanka 154
Hotel Sigiriya Sri Lanka 79
Naladhu Maldives Maldives 20
NIYAMA by Per AQUUM Maldives 134
Arusha Coffee Lodge Tanzania 30
Serengeti Migration Camp Tanzania 20
Tarangire Treetops Tanzania 20
The Manor at Ngorongoro Tanzania 20
Kilindi Zanzibar Tanzania 19
Serengeti Pioneer Camp Tanzania 12
Sand River Masai Mara Camp Kenya 16
AfroChic Diani Beach Kenya 20
Tortilis Camp Kenya 18
Elsa Kopje Camp Kenya 11
Joys Camp Kenya 10
Elephant Pepper Camp Kenya 10
The Radisson Blu Maputo Mozambique 154
Joint Venture 29 2,033
Oaks Hotels & Resorts
Australia 5,784
New Zealand 283
UAE 165
Management Letting Rights 48 6,208
Hotel Name Country # Rooms
Anantara Sikao Thailand 139
Anantara Baan Rajprasong Thailand 97
Anantara Lawana Koh Samui Thailand 122
Anantara Bangkok Sathorn Thailand 310
Anantara Rasananda Koh Phangan Thailand 64
Anantara Chiang Mai Thailand 84
AVANI Atrium Bangkok Thailand 568
Anantara Seminyak Bali Indonesia 60
Anantara Bali Uluwatu Indonesia 74
Banana Island Doha by Anantara Qatar 141
Desert Islands by Anantara UAE 64
Qasr Al Sarab Desert by Anantara UAE 206
Eastern Mangroves by Anantara UAE 222
Anantara Al Yamm UAE 30
Anantara Al Sahel UAE 30
Anantara Dubai The Palm UAE 293
Anantara Mui Ne Vietnam 90
Anantara Sanya China 122
Anantara Xishuangbanna China 103
Anantara Emei China 150
AVANI Sepang Goldcoast Malaysia 315
AVANI Seychelles Barbarons Seychelles 124
Oaks Bangkok Sathorn Thailand 115
Oaks Liwa Executive Suites UAE 54
Essque Zalu Zanzibar byPer AQUUM
Tanzania 49
Huvafen Fushi by Per AQUUM Maldives 44
Desert Palm by Per AQUUM UAE 38
Lewa Safari Camp Kenya 13
Kitich Camp Kenya 6
Purely Managed 29 3,727
11Hotel & Mixed-use
EXPANDING THE FOOTPRINT OF “ANANTARA”
Indigenous Discovery Grounded Expertise
12Hotel & Mixed-use
A CONTEMPORARY HOTEL BRAND OF “AVANI”
AVANI is a response to an increasingly influential group of discerning travelers: those who appreciate good design and demand excellent service, but who also appreciate value for money.
Passionate, Visionary, Imaginative, Naturally Modern
ADDING OTHER LUXURY BOUTIQUE HOTEL BRANDS
13Hotel & Mixed-use
Lodges, Camps & Hotels in Harmony with Africa
Much More than Just a Promise Inspired by a New Attitude
Oaks is one of the largest hotel and resort operators in Australia, with over 50 properties and 6,000 rooms under management throughout Australia, New Zealand, Thailand and UAE.
OAKS HOTELS & RESORTS
14Hotel & Mixed-use
BroomeOaks BroomeOaks Cable Beach
Port DouglasOaks Lagoons
TownsvilleOaks Gateway on PalmerOaks M on Palmer Australia
AucklandOaks iStay Residences
QueenstownOaks Club ResortOaks Shores
GlenelgOaks Liberty TowersOaks Plaza Pier
MelbourneOaks on CollinsOaks on LonsdaleOaks on MarketOaks on WilliamOaks on PinnacleOaks on WRAP
AdelaideOaks EmbassyOaks HorizonsOaks Precinct
SydneyOaks Goldsbrough ApartmentsOaks CastlereaghOaks Hyde Park PlazaOaks TrafalgarOaks HarmonyOaks Grand Apartment
The EntranceOaks Waterfront Resort
Port StephensOaks Pacific BluesOaks Lure
Sunshine CoastOaks Seaforth Resort
RedcliffeOaks Mon Komo
IpswichOaks Aspire Apartments
BrisbaneOaks River CityOaks 212 MargaretOaks AuroraOaks Casino TowersOaks Charlotte TowersOaks FelixOaks Festival TowersOaks Lexicon ApartmentsOaks Mews Bowen Hills
GoldcoastOaks Calypso Plaza
New Zealand
CaloundraOaks Oasis
MoranbahOaks Moranbah
MiddlemountOaks Middlemount
GladstoneOaks Grand Gladstone
MackayOaks RivermarqueOaks Carlyle
DubaiOaks Liwa HeightsAbu DhabiOaks Liwa Executive Suites
UAEBangkokOaks Sathorn
Thailand
Hunter ValleyOaks Cypress Lakes
DarwinOaks ElanDarwin
OAKS
*Audited revenue excluding mixed-use
HOTEL – KEY STATISTICS
AUD Occupancy
THB Occupancy
THB Occupancy
2014 REVENUE BREAKDOWN BY BRAND*
MANAGED HOTELS
OWNED HOTELS
15
RevParADROccupancy
RevParADROccupancy
Hotel & Mixed-use
Anantara, 24%
Avani, 1%
Oaks, 36%
Four Seasons, 15%
Marriott, 10%
Others, 3%
Share Profit, 3%
Management fee, 9%
157 160 161 164
124 123 126 124
79% 77% 78% 76%
0%
20%
40%
60%
80%
0
50
100
150
200
2011 2012 2013 2014
4,7355,377
6,035 6,3857,028
2,6913,133
3,977 4,372 4,168
57% 58%
66% 68%59%
0%
20%
40%
60%
80%
2,000
4,000
6,000
8,000
10,000
2010 2011 2012 2013 2014
6,583
4,831 5,0475,594
6,748
2,545 2,3752,748 3,227
3,737
39%
49%54%
58%55%
0%
20%
40%
60%
0
2,000
4,000
6,000
8,000
10,000
2010 2011 2012 2013 2014
29% OF HOTEL & MIXED-USE REVENUES IN 2014
41% OF HOTEL & MIXED-USE REVENUES IN 2014
7% OF HOTEL & MIXED-USE REVENUES IN 2014
RevParADROccupancy
MINT owns and operates three shopping plazas
Royal Garden Plaza Bangkok & Pattaya
Turtle VillagePhuket
16Hotel & Mixed-use
PLAZA & ENTERTAINMENT
MINT also operates eight entertainment outlets
SPA PORTFOLIO – Oct 2015
17Hotel & Mixed-use
Spa portfolio consists of 55 spasin 15 countries
Hotel Country
Anantara Phuket Thailand
Anantara Golden Triangle Thailand
Anantara Hua Hin Thailand
Anantara Bophut Koh Samui Thailand
Anantara Lawana Koh Samui Thailand
Anantara Bangkok Riverside Thailand
Anantara Sikao Krabi Thailand
Anantara Rasananda Thailand
Four Seasons Bangkok Thailand
JW Marriott Phuket Thailand
Pattaya Marriott Thailand
The St. Regis Bangkok Thailand
Sheraton Krabi Beach Resort Thailand
The Royal Orchid Sheraton Bangkok Thailand
Anantara Chiang Mai Thailand
Anantara Layan Thailand
Anantara Bangkok Sathorn Thailand
Anantara Angkor Cambodia
Renaissance Shanghai Putuo China
Sheraton Sanya Resort China
The Puli Hotel & Spa China
Anantara Sanya China
Anantara Xishuangbanna China
Anantara Emei China
JW Marriott Cairo Egypt
Anantara Seminyak Bali Indonesia
Anantara Bali Uluwatu Indonesia
Sheraton Seoul D Cube City Korea
Hotel Country
AVANI Sepang Goldcoast Malaysia
Anantara Veli Maldives
Anantara Kihavah Maldives
Naladhu Maldives
Anantara Dhigu Maldives
NIYAMA by Per AQUUM Maldives
Huvafen Fushi by Per AQUUM Maldives
Anantara Bazaruto Island Mozambique
Anantara Medjumbe Mozambique
Anantara Matemo Mozambique
Avani Pemba Mozambique
AVANI Bentota Sri Lanka
Hyatt Regency Dar es Salaam Tanzania
Meliá Zanzibar Tanzania
Park Hyatt Zanzibar Tanzania
AVANI Seychelles Barbarons Seychelles
Desert Islands by Anantara UAE
Qasr Al Sarab Desert by Anantara UAE
Emirates Palace Hotel UAE
Anantara Dubai The Palm UAE
Eastern Mangrove by Anantara UAE
Desert Palm by Per AQUUM UAE
Anantara Hoi An Vietnam
Anantara Mui Ne Vietnam
AVANI Quy Nhon Vietnam
AVANI Hai Phong Harbour View Vietnam
Anantara Doha Island Qatar
MINT introduced “Anantara Vacation Club” (point-based vacation club project) in December 2010, withinventory in Samui, Phuket, Bangkok, Bali, Queenstown and China. Additional destinations will be addedto the inventory over the years.
ANANTARA VACATION CLUB
18Hotel & Mixed-use
14 luxury villas adjacent to Four Seasons Koh Samui
THE RESIDENCES BY ANANTARA, LAYAN, PHUKET15 uniquely designed pool villas adjacent to Anantara Phuket Layan Resort & Spa
53 residences & penthouses on top of 224 hotel rooms in a 47-storey building on Rajdamri
19Hotel & Mixed-use
ANANTARA CHIANG MAI SERVICED SUITES44 units in 7-storey condominium building across from Anantara Chiang Mai Resort & Spa, expected to be launched in 2016
RESIDENTIAL PROPERTY DEVELOPMENT
THB Million
Revenue
EBITDA
NPAT
EBITDA Margin
NetMargin
20Hotel & Mixed-use
HOTEL AND MIXED-USE – FINANCIAL PERFORMANCE
2010 2011 2013
29.0%29.6%
13.6%8.3%
26.2%
9.1%
2012
5,870
12,657
16,390 17,977
19,328
1,735
3,313
4,535 5,206 5,647
485
1,158
1,940
2,449 2,669
27.7%
11.8%
2014
29.2%
13.8%
RESTAURANT
To be A Global Operator of Multiple Retail Food Service Brands with the objective of providing
100% satisfaction to all stakeholders
22Restaurant
THAILAND INTERNATIONAL# OF OUTLETS
RESTAURANT PORTFOLIO – 3Q15
Brand No. of OutletThailand International
Equity Franchise Equity Franchise
350 218 77 1 54
310 128 157 6 19
52 43 - 9 -
398 230 168 - -
50 48 - 2 -
426 18 - 22 386
13 - - 8 5
85 1 - 71 13
52 - - 52 -
20 20 - - -
Others 31 26 - 5 -
Total Equity 908 732 176
Total Franchise 879 402 477
Grand Total 1,787 1,134 653
Ribs & Rumps
Riverside
Two manufacturing plants producing over 20,000 tons of cheese and ice-cream per annum
CHEESE & ICE-CREAM MANUFACTURING
23Restaurant
* Audited revenue
RESTAURANT – KEY STATISTICS
24
SAME-STORE-SALES GROWTH 2013 REVENUE CONTRIBUTION
2014 REVENUE BREAKDOWN BY BRAND*
TOTAL-SYSTEM-SALES GROWTH
NUMBER OF OUTLETS
Restaurant
The Pizza Company, 22%
Swensen's, 15%
Sizzler, 14%Dairy Queen, 9%
Burger King, 5%
The Coffee Club, 3%
Thai Express, 17%
Riverside, 10%
Others, 6%
1,148 1,257
1,381 1,544
1,708
-
400
800
1,200
1,600
2,000
2010 2011 2012 2013 2014
3.7%
9.0%
5.5%
1.5%
0.4%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
2010 2011 2012 2013 2014
9.8%
14.1%15.1%
13.8%13.1%
0.0%
5.0%
10.0%
15.0%
20.0%
2010 2011 2012 2013 2014
THB Million
Revenue
EBITDA
NPAT
EBITDA Margin
Net Margin
RESTAURANT – FINANCIAL PERFORMANCE
25Restaurant
* Excluding gain on reclassification of investment in S&P, netted off with
impairment charge of China business
10,540 11,697
13,192
15,343 16,760
1,746 1,923 2,238
2,759 2,817
704 872
1,180 1,500 1,550
2010 2011
18.0%16.6%
9.8%7.0%
2012
16.4%*
7.4%*
17.0%
8.9%
2013
16.8%
9.2%
2014
OTHERS - RETAIL PORTFOLIO – 3Q15
26
# Outlets
18
# Outlets
19
-
Manufacturing of acid-based fast-moving consumer goods
FASHION APPARELS COSMETICS
HOUSEHOLD
ONLINE SHOPPING
CONTRACT MANUFACTURING
100K Tons / Yearwww.mysale.co.th
Retail Trading & Contract Manufacturing
# Outlets
118
29
1
13
80
5
TOTAL 247
1
THB Million
Revenue
EBITDA
NPAT
EBITDA Margin
NetMargin
RETAIL – STATISTICS & FINANCIAL PERFORMANCE
27
SAME-STORE-SALES GROWTH
TOTAL-SYSTEM-SALES GROWTH
Retail Trading & Contract Manufacturing
14.4% 14.6%
-2.1% 0.3% -8.1%
-10.0%
0.0%
10.0%
20.0%
2010 2011 2012 2013 2014
16.8%18.9%
14.6%
11.9%
3.8%
0.0%
10.0%
20.0%
2010 2011 2012 2013 2014
47
-110
123 151 183
2010 2011
9.3%5.7%
4.2%1.7%
0.2%
2012
-3.8%
2,680 2,923
3,412 3,616 3,699
152
4
289 338
384
8.5%
3.6%
2013
10.4%
4.9%
2014
KEY FINANCIAL HIGHLIGHTS
$
$$
$$$
$
$
RESILIENCY OF THAILAND vs. MINT’S RESPONSIVE STRATEGIESSince 2000, Thailand has gone through several challenges, driven by both domestic and global factors. Geographical diversification and new initiatives including mixed-use development have proven to mitigate the risks, with MINT reporting profit all along.
29Financial Highlights
(3,000)
(1,500)
-
1,500
3,000
4,500
6,000
-15%
0%
15%
30%
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
MINT's NPAT % Change in Private Consumption % Change in Tourist Arrival
Source: Office of The National Economic and Social Development Board and Bank of Thailand
MINT’s Diversification Strategy
2000 – 2005
• Acquired Minor Food Group
• Launched own Pizza brand, The Pizza Company and opened TPC and SZ in China
• Launched own hotel brand, Anantara
• Entered into a JV to operate 3 hotels in the Maldives
• Launched the first timeshare project in Asia with Marriott
2006 – 2009
• Acquired Minor Corporation
• Invested in S&P Thailand, The Coffee Club Australia and Thai Express Singapore
• Entered into a JV with Serendib Sri Lanka and Elewana Africa
• Launched the first residential project, the Estates Samui
• Opened the first two overseas purely managed hotels in Bali and Abu Dhabi
2010 – 2014
• Invested in Beijing Riverside & Courtyard China and Ribs and Rumps Australia
• Invested in hotels in Sri Lanka, Phuket, Vietnam, Cambodia, Zambia, Namibia, Botswana, Lesotho and Mozambique, in Oaks Hotels & Resorts Australia and 50% in Per AQUUM brand
• Launched AVANI brand, Anantara Vacation Club, point-based timeshare project, and the second residential project, St. Regis Residence
Pattaya Riot
AirportClosure
Tsunami RajprasongRiot
Bangkok Coup
Flooding
SARS
Sub-primeCrisis
Bangkok Shutdown
Coup
THB Million
THB Million THB Million
THB Million THB Million
MINT FINANCIAL HIGHLIGHTS - SIZE
30
TOTAL ASSETS
TOTAL REVENUE
TOTAL EQUITY
NET PROFIT
Financial Highlights
19,089
28,332 32,993
36,936 39,787
-
10,000
20,000
30,000
40,000
50,000
2010 2011 2012 2013 2014
1,236
2,880
3,423
4,101 4,402
-
1,000
2,000
3,000
4,000
5,000
2010 2011 2012 2013 2014
32,799
41,623
51,721
60,124
74,279
-
20,000
40,000
60,000
80,000
2010 2011 2012 2013 2014
13,756 14,935
19,062
26,875
30,024
-
10,000
20,000
30,000
40,000
2010 2011 2012 2013 2014
*Excludes gain from reclassification of investment in S&P and provision for investment in China, 2011 EBITDA and net margins would be 19.2% and 7.0%
*Excludes gain from reclassification of investment in S&P and provision for investment in China, 2011 ROA and ROE would be 5.2% and 13.4%
MINT FINANCIAL HIGHLIGHTS - PROFITABILITY
31
RETURN ON ASSETS
EBITDA MARGIN
RETURN ON EQUITY
NET MARGIN
Financial Highlights
19.0%21.9% 21.4% 22.5% 22.2%
0%
10%
20%
30%
2010 2011* 2012 2013 2014
6.5%
10.2% 9.8%11.1% 11.1%
0%
5%
10%
15%
2010 2011* 2012 2013 2014
4.1%
7.7%6.9%
7.3%6.6%
0%
2%
4%
6%
8%
10%
2010 2011* 2012 2013 2014
9.6%
20.1%19.1%
17.9%
15.5%
0%
5%
10%
15%
20%
25%
2010 2011* 2012 2013 2014
MINT FINANCIAL HIGHLIGHTS - OTHERS
32
CURRENT RATIO
INTEREST-BEARING D/E
DIVIDEND PER SHARE AND PAYOUT RATIO
INTEREST COVERAGE
Financial Highlights
0.15 0.15
0.30 0.35
0.25
0.10
0.10 39.5%44.8%
32.0% 33.5% 31.8%
0%
20%
40%
60%
-
0.10
0.20
0.30
0.40
2010 2011 2012 2013 2014
Cash Stock Payout Ratio
x x
x THB
1.0
1.31.3
0.9
1.1
0.0
0.3
0.6
0.9
1.2
1.5
2010 2011 2012 2013 2014
5.4 5.5 5.2
6.7
5.5
0.0
2.0
4.0
6.0
8.0
2010 2011 2012 2013 2014
1.1
0.9
1.1
1.0 1.0
-
0.2
0.4
0.6
0.8
1.0
1.2
2010 2011 2012 2013 2014
* 2011 EPS excludes gain from reclassification of investment in S&P.
*
OTHER CORPORATE INFORMATION
Minor Group34%
Foreign Institutions
27%
Osathanugrah Group
9%
Thai Institutions
12%
Royal Family4%
Others14%
SHAREHOLDING STRUCTURE
SHAREHOLDERS’ RETURN
THB
SHAREHOLDERS & MANAGEMENT
34
MANAGEMENT STRUCTURE
Corporate Information
0
10
20
30
40
50
2000 Investment
Cash Dividend
Stock Dividend
Warrants Capital Gain YTD Value
As of 30 Sep 20151. William E. Heinecke
Chairman and Group Chief Executive Officer
2. Paul Charles Kenny Chief Executive Officer of Minor Food Group
3. Dillip Rajakarier Chief Operating Officer of Minor International Chief Executive Officer of Minor Hotel Group
4. Patamawalai Ratanapol Chief People Officer of Minor International Chief Operating Officer of Minor Food Group
5. James Richard AmatavivadhanaChief Executive Officer of Minor Retail Group
6. Trithip Sivakriskul Corporate Chief Financial Officer
7. Stephen ChojnackiChief Commercial Officer and General Counsel
8. John Scott Heinecke Chief Operating Officer / Hot Chain of Minor Food Group
As of 30 Oct 2015
12 3 45 67 8
1. Developing human capital
We strive to help our people develop business and practical skills, and we reach out to develop the future
generations of Thailand and the countries that are home to our businesses.
2. Engaging in end-to-end customer experienceThe company is committed to ensure it delivers the best products to its customers in a socially responsible manner, whether it is in the form of product quality and safety or responsible media.
3. Committing to long-term & sustainable partnershipsOne of MINT’s core values is “partnership” – we realize that the sustainability of our business cannot be achieved without the long-term and sustainable relationships with our partners.
4. Managing environmental impactsMINT cares deeply about the community and the environment. The company continuously contributes to animal and wildlife conservation in ecosystems where it operates.
5. Fostering social responsible mindsetSustainability cannot be achieved without being socially responsible. MINT promotes social responsibility and volunteer spirits among employees and stakeholders through its business operations and through various campaigns & activities.
CORPORATE SOCIAL RESPONSIBILITIES
35Corporate Information
RECENT AWARDS
36Corporate Information
Top 10 Thailand’s 2014 Best Managed Company, FinanceAsia
Top 10 Thailand’s 2014 Best Investor Relations, FinanceAsia
South East Asia Best IR Award in the Consumer Sector, IR Magazine
Asia’s Icon on Corporate Governance - Corporate Governance Asia Recognition 2014 Award, Corporate Governance Asia Magazine
CSR Recognition Award 2014 in over Baht 50,000 Million Market Cap Category, The Stock Exchange of Thailand
CSR Excellence Recognition 2014 (Gold Level) & US Embassy Bangkok Creative Partnership Designation, American Chamber of Commerce
Included in Dow Jones Sustainability Emerging Market Index (DJSI) 2015 membership, in Hotels, Resorts & Cruise Lines Industry for two consecutive years
Overall Performance & Corporate
Hotel Conde Nast Traveller USA
o Anantara Chiang Mai – Gold List 2014
o Qasr Al Sarab Desert by Anantara – Gold List 2014
o Anantara Sir Bani Yas Island Al Yamm – Hot List 2014
o Niyama by Per AQUUM – Best International Resort
o The St. Regis Bangkok – Gold List 2014
o Four Seasons Chiang Mai – Top 100 Hotels in the World, Top 20 Resorts in Asia
o Four Seasons Tented Camp – Top 100 Hotels in the World, Top 20 Resorts in Asia
o JW Marriott Phuket – Top 100 Hotels in the World, Top 20 Resorts in Asia
Restaurant Minor Food Group – Good Logistics Practice Award 2014, Department of Primary
Industries and Mines, Ministry of Industry
Dairy Queen – Top International Franchisee 2014, International Dairy Queen
Dairy Queen: Top International Franchisee 2014 from International Dairy Queen
Anantara Chiang Mai: “Gold List 2014” by Conde Nast Traveler