Indústrias Klabin. 3rd Quarter November 20,

Transcrição

1 Indústrias Klabin 3rd Quarter 2000 November 20,

2 Business Strategy Klabin Market Pulp Forestry Packaging Tissue Newsprint BEKP Dissolving pulp Specialty Pulp Logs Chips By - Products Solid Wood Boards Kraftliner Corr. Boxes Sacks Envelopes Family Care Away From Home 2

3 Corporate Structure Indústrias Klabin de Papel e Celulose 100% Indústrias Klabin 50% 50% 40% 61% Klabin Export Klabin Papéis Klabin Embalagens Klabin Celucat Klabin Madeira Klabin Kimberly KCK Tissue Klabin Riocell Klabin Bacell Norske Skog Klabin Klabin Igaras Klabin Ponsa Klabin Argentina 3

4 Brazilian Investors 20.6% Common Shareholder Structure 09/30/00 Monteiro Aranha 2% Preferred Brazilian Investors 79.2% Klabin Irmãos 59.4% Foreign Investors 20.8% Common Shares Preferred Shares Total Shares 275,689, ,088, ,777,535 The Company owns 10,102,783 Preferred Shares that will be cancelled on 11/24/00 4

5 Klabin Planted Forests Supply all the Wood Needs Company Lands Planted Forests Permanent Preserved Native Forests Others 426,950 hectares 254,677 hectares 135,111 hectares 37,162 hectares Wood Productivity (m3/ha/year) Pinus Eucalyptus Actual Company Lands Planted Forests São Paulo 9,713 ha 6,445 ha Paraná Santa Catarina Lages Otacílio Costa 229,500 ha 122,702 ha 118,321 ha 75,352 ha 49,857 ha 68,464 ha 30,708 ha 44,644 ha Rio Grande do Sul 69,416 ha 50,178 ha Position in 09/30/00 426,950 ha 254,677 ha 5

6 Klabin - Consolidated Sales 9 Months 00 Volume Net Revenue Pulp 25% Newsprint/ Printing 11% Others 1% Sacks/ Envelopes 8% Pulp 19% Newsprint/ Printing 9% Others 3% Sacks/ Envelopes 9% Tissue 11% Packaging 21% Corrugated Boxes 23% Tissue 24% Packaging 17% Corrugated Boixes 19% Volume 1,017,377 ton + 1.5% Net Revenue R$ 1,474 million % 6

7 Klabin - Sales 1,000 ton st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q Newsprint Printing Packaging Tissue Pulp Klabin Riocell Klabin Bacell Corrugated Boxes Sacks/Envelopes Others Sum

8 Klabin Average Net Price - R$/ton ex-tax st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q Newsprint 796 1, ,005 1,188 Printing 1,023 1,091 1,152 1,575 1,475 1,556 1,512 Packaging 1, ,124 1,203 1,099 1,094 1,174 Tissue 2,050 2,085 2,516 3,002 3,034 2,967 3,111 Pulp ,114 1,147 Klabin Riocell Klabin Bacell 633 1, , , ,141 1,012 1,357 1,086 1,371 Corrugated Boxes ,060 1,139 1,133 1,132 1,117 Sacks/Envelopes 1,370 1,422 1,449 1,668 1,626 1,611 1,652 Average 1,057 1,090 1,218 1,399 1,333 1,400 1,447 8

9 Klabin - Consolidated Sales 9 Months 00 Volume Net Revenue Exports 34% Domestic 66% Exports 29% Domestic 71% Total Sales Domestic 1,000 ton 1, Total Sales 1,474 Domestic 1,044 Exports Pulp Paper Exports 430 Pulp 266 Paper 164 9

10 Volume - 1,000 ton Klabin - Consolidated Statement of Income 1st Q nd Q 3rd Q 4th Q 1st Q 2nd Q rd Q Gross Revenue Net Revenue Cost of Products Sold Gross Profit Selling Expenses G & A Others (expenses) Income Operating Profit before Financial Results Financial Income Financial Expenses Operating Income (Loss) (192.5) (34.4) (23.4) (364.8) (220.8) (205.5) (35.2) (26.4) (80.1) 17.1 Net Income (Loss) (139.5) (238.9) (37.4) (28.3) (0.5) (154.2) (43.2) (249.0) (56.6) (38.7) (4.4) (0.4) (226.0) (40.9) (31.6) (3.3) (35.8) (248.1) (47.5) (35.5) (9) (255.1) (47.9) (41.3) (1.0) (88.9) 51.1 (27.8)

11 Klabin - Consolidated Financial Highlights st Q nd Q 3rd Q Gross Sales Net Sales EBIT EBITDA EBITDA Margin Net Income (Loss) Total Assets Total Debt Short Term Long Term Domestic Currency Foreign Currency Cash/Short Term Securities Net Debt Equity Minority Interest Total Capitalization 1,264 1, % (34) 2,779 1, ,017 1, ,595 1,681 1, % (116) 3,189 1, , , ,354 1, , % 38 3,192 1, , ,323 1, , % 2 3,154 1, , , , % 9 3,927 2, , , , ,482 Net Debt / Total Capitalization 39.2% 46.9% 46.8% 50.6% 39.6% 11

12 Klabin - Consolidated EBITDA st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q

13 Indústrias Klabin Mirca Ind, Klabin / Mirca IKPC/Outras Klabin Bacell Klabin Export Klabin Argentina Klabin Ponsa Total 1 Klabin Kimberly KCK Tissue Klabin Riocell Norske Skog Klabin Total Klabin - Consolidated Loans - 09/30/00 - Position Foreign Currency Short Term Domestic Currency Sum Foreign Currency (85.7) ,021.1 Long Term Domestic Currency Sum (85.7) , ,493.2 Total 1,388.8 (75.1) 1, , ,

14 Klabin - Consolidated Domestic Currency 09/30/00 - Position Short Term Long Term BNDES Debentures Others Sum BNDES Debentures Others Sum Total Indústrias Klabin IKPC/Outras Klabin Bacell Klabin Export Klabin Argentina Klabin Ponsa Total Klabin Kimberly KCK Tissue Klabin Riocell Total

15 Klabin - Consolidated Foreign Currency 09/30/00 - Position US$ Million Short Term Trade Finance Bonds Others Sum Long Term Trade Finance Bonds Others Sum Total Indústrias Klabin Mirca/Outras (2.0) (94.2) Ind. Klabin / Mirca Klabin Bacell Klabin Export Klabin Argentina Klabin Ponsa (46.5) (40.7) Total Klabin Kimberly KCK Tissue Klabin Riocell Norske Skog Klabin Total

16 Klabin - Consolidated Maturity Schedule 09/30/00 - Position th Q st Half nd Half onwards

17 Indústrias Klabin - Klabin Paraná Papéis - Klabin Embalagens - Klabin Celucat Klabin Kimberly - Investments - Acquisition Lalekla - Acquisition Bacraft Klabin Bacell Klabin Ponsa Klabin Riocell KCK Tissue Klabin - Consolidated Investments Months Total Forecast

18 Klabin - Consolidated st Q 2nd Q 3rd Q 4th Q Total 1st Q 2nd Q 3rd Q Total Depreciation Depletion Amortization

19 Klabin Installed Capacity 1,000 ton/year Pulp Klabin Paraná Papéis 630 Paper 610 Corrugated Boxes Sacks & Envelopes Tissue Klabin Embalagens Klabin Celucat Klabin Argentina 20 Klabin Kimberly KCK Argentina Klabin Riocell Klabin Bacell 115 Klabin Igaras Position: 09/30/00 Total 1,651 1,

20 20

21 Klabin - Consolidated 100% Statement of Income st Q 2nd Q 3rd Q 4th Q 1st Q 2nd Q 3rd Q Volume - 1,000 ton Gross Revenue Net Revenue Cost of Products Sold Gross Profit Selling Expenses G & A Others Expenses Operating Profit before Financial Results (212.7) (41.9) (26.1) (235.8) (41.9) (28.3) (251.5) (44.7) (31.0) (0.2) (278.0) (65.9) (42.0) (4.4) (253.1) (50.9) (34.8) (3.3) (281.7) (58.6) (39.2) (292.2) (59.7) (44.7) (3.4) Financial Income Financial Expenses Operating Income (Loss) Minority Interest Net Income (Loss) 67.3 (383.4) (249.7) (64.7) (139.4) 22.5 (86.2) 9.7 (5.6) (155.2) (38.7) (10.4) (27.8) 8.2 (2.4) (38.0) (93.6) (94.9)

22 Klabin - Consolidated 100% Financial Highlights st Q nd Q 3rd Q Gross Sales 1,387 Net Sales 1,212 EBIT 36 EBITDA 208 EBITDA Margin 17.2% Net Income (Loss) (34) Total Assets 3,051 Total Debt 1,284 Short Term 541 Long Term 743 Domestic Currency 483 Foreign Currency 801 Cash / Short Term Securities 198 Net Debt 1,086 Equity 1,185 Minority Interest 382 Total Capitalization 2,851 Net Debt / Total Capitalization 38.1% 1,862 1, % (116) 3,416 1, , , ,384 1, , % % 38 3,438 1, , , ,374 1, , % % 2 3,418 1, , , , , % % 9 4,193 2, , , , , % 22

23 Klabin - Consolidated 100% EBITDA st Q 2nd Q 3rd Q 98 4th Q 1st Q 2nd Q 3rd Q 99 4th Q 1st Q 2nd Q 3rd Q 00 23

24 Klabin - Consolidated 100% Loans - 09/30/00 - Position Foreign Currency Short Term Domestic Currency Sum Foreign Currency Long Term Domestic Currency Sum Total Indústrias Klabin ,388.8 Mirca (85.7) (85.7) (75.1) Ind. Klabin / Mirca ,313.7 IKPC Klabin Bacell Klabin Export KlabinArgentina Klabin Ponsa Total , ,938.2 Klabin Kimberly KCK Tissue Klabin Riocell Norske Skog Klabin Total , ,

25 Klabin - Consolidated 100% Domestic Currency 09/30/00 - Position Short Term Long Term BNDES Debentures Others Sum BNDES Debentures Others Sum Total Indústrias Klabin IKPC/Outras Klabin Bacell Klabin Export Klabin Argentina Klabin Ponsa Total Klabin Kimberly KCK Tissue Klabin Riocell Total

26 Klabin - Consolidated 100% Foreign Currency 09/30/00 - Position US$ Million Short Term Trade Finance Bonds Others Sum Long Term Trade Finance Bonds Others Sum Total Indústrias Klabin Mirca/Outras (2.0) (94.2) 47.7 (46.5) Ind. Klabin / Mirca Klabin Bacell Klabin Export Klabin Argentina Klabin Ponsa Total Klabin Kimberly KCK Tissue Klabin Riocell Norske Skog Klabin Total (40.7)

27 Klabin - Consolidated 100% Maturity Schedule 09/30/00 - Position th Q st Half nd Half onwards 27

28 Klabin - Consolidated 100% st Q 2nd Q 3rd Q 4th Q Total 1st Q 2nd Q 3rd Q Total Depreciation Depletion Amortization

29 Additional Information Investor Relations Departament Tel.: (11) Fax.: (11)