San Miguel Corporation

Gross Profit
250,000

YEAR AMOUNT IN
200,000 MILLIONS
2014 112,793
150,000
2015 140,176

100,000 2016 171,293

2017 181,865
50,000
2018 199,195
0
2014 2015 2016 2017 2018

Gross profit of san mig continuously arises from 2014 to 2018 as seen from the table. It also shows how efficiently a
company operates. It means that it can make a reasonable profit on sales, as long as it keeps overhead costs in
control. And investors tend to pay more for a company with higher gross profit.
San Miguel Corporation

Operating Income
90,000
80,000 YEAR AMOUNT IN
MILLIONS
70,000
2014 39,596
60,000
50,000 2015 45,612

40,000 2016 57,475

30,000
2017 81,183
20,000
10,000 2018 73,116
0
2014 2015 2016 2017 2018

Operating income is an indirect measure of efficiency. The higher the operating income, the more profitable a
company’s core business is. As seen from above, san mig has its consistency because the amount from 2014
contiously rises up by 2018 and it also show how the manager make decisions particularly during rough
economic times.
San Miguel Corporation

Net Income
60,000
YEAR AMOUNT IN
50,000 MILLIONS
2014 28,578
40,000
2015 28,993
30,000
2016 52,240
20,000
2017 54,814
10,000
2018 48,648
0
2014 2015 2016 2017 2018
San Miguel Corporation

Accounts Receivable
160,000
140,000 YEAR AMOUNT IN
MILLIONS
120,000 2014 136,036
100,000
2015 100,727
80,000
2016 114,525
60,000
40,000 2017 116,040

20,000 2018 129,893

0
2014 2015 2016 2017 2018
San Miguel Corporation

Inventories
140,000
YEAR AMOUNT IN
120,000
MILLIONS
100,000 2014 85,846

80,000 2015 64,148

60,000 2016 83,241

40,000 2017 102,575

20,000
2018 125,139
0
2014 2015 2016 2017 2018
San Miguel Corporation

PPE/Fixed Asset
700,000
YEAR AMOUNT IN
600,000
MILLIONS
500,000 2014 453,961

400,000 2015 497,352

300,000 2016 504,711

200,000 2017 523,586

100,000
2018 594,372
0
2014 2015 2016 2017 2018
San Miguel Corporation

Total Assets
1,800,000
1,600,000 YEAR AMOUNT IN
MILLIONS
1,400,000
2014 1,217,050
1,200,000
1,000,000 2015 1,246,022

800,000 2016 1,306,824

600,000
2017 1,379,643
400,000
200,000 2018 1,676,642
0
2014 2015 2016 2017 2018

Total assets stood at PP1.68 trillion. Consolidated cash balance was up by P37.1 billion, ending at
P243.2 billion in 2018. Non current assets increased to P108 billion mainly from increase in
property plant and equipement, investment and advances and goodwill.
San Miguel Corporation

Short-term Liabilities
500,000
450,000 YEAR AMOUNT IN
400,000 MILLIONS

350,000 2014 354,411

300,000
2015 319,719
250,000
200,000 2016 379,719

150,000
2017 361,771
100,000
50,000 2018 433,127
0
2014 2015 2016 2017 2018
San Miguel Corporation

Long-term Debt
600,000
YEAR AMOUNT IN
500,000 MILLIONS
2014 283,136
400,000
2015 330,823
300,000
2016 297,222
200,000
2017 362,548
100,000
2018 561,918
0
2014 2015 2016 2017 2018
San Miguel Corporation

Total Equity
600,000
YEAR AMOUNT IN
500,000 MILLIONS
2014 389,481
400,000
2015 384,877
300,000
2016 436,781
200,000
2017 471,062
100,000
2018 511,947
0
2014 2015 2016 2017 2018

Total equity amounted to P511.9 billion as of end of 2018 from P471.1 billion
end of 2017.
San Miguel Corporation

Sales
1,200,000
YEAR AMOUNT IN
1,000,000 MILLIONS
2014 772,243
800,000
2015 672,243
600,000
2016 685,314
400,000
2017 826,086
200,000
2018 1,024,943
0
2014 2015 2016 2017 2018