Investor Relations 2012

HYUNDAI GLOVIS LONDON NDR

Your Value Chain Partner

1. Company Overview
History Growth Coverage

History / Growth / Coverage

2. Business
3. Strength 4. Financial Status 5. Appendix
2

01

History
Established GLOVIS RUSSIA Completed the construction of Sihwa Auction Center Started PCC Business Completed construction for Ulsan C/C 2nd plant Established GLOVIS TIANJIN

Established Hankook Logitech.Co., Ltd. Started Domestic Logistics Service (Automotive Industry)

Developed Integrated Transportation Management System (iTMS) Changed the Company name to GLOVIS Co., Ltd Started Used Car Auction Business

2001

2002

2003

2005

2008

2009

2010

2011

Completed the construction of Asan CKD Center Established GLOVIS SLOVAKIA Established BEIJING GLOVIS Listed in Korean Exchange Market

Established GLOVIS CANADA Awarded Presidential Citation of the 17th Korea Logistics Award Established Ja Yeon Chan Changed the Company name to HYUNDAI GLOVIS Co., Ltd. Established GLOVIS BRAZIL Established GLOVIS NEW JERSEY Established GLOVIS MONGOLIA

Started Pyeongtaek Port Processing Construction Established GLOVIS AMERICA (HK Logistics America)

02

Growth
Total Sales of HQ

Unit : KRW 1 BN

Distribution CKD International Logistics Domestic Logistics

Entered PCC Business CKD Business Expansion 3,065.2 Entered CKD Business 1,540.8 1,885.1 2,507.2

PCC Business Expansion(30%) Raw Material Shipping CKD Expansion 5,834.0

7,547.8

3,192.8

2005

2006

2007

2008

2009

2010

2011

03

Coverage
Domestic Procurement Logistics International Procurement Logistics Manufacturing Logistics Logistics for Domestic Sales Logistics for International Sales Local Logistics Overseas

Global SUPPLY CHAIN Optimization

Shipping Air Transportation Inland Transportation Logistics Consulting

Storage Landing Packaging

ONE-STOP SERVICE

Cars Parts Steel Industry Heavy Industry Oil Electronics parts

Paper manufacture War supplies Construction Medical treatment Food supplies

Logistics Know-How of Broad Industry

1. Company Overview

2. Business

Overview / Logistics / Shipping / Distribution / TPL

Business Overview Logistics_Korean/International Finished Car Shipping/Raw Material Shipping Distribution_CKD/Used Car Auction Business

TPL_Third Party Logistics

3. Strength 4. Financial Status 5. Appendix

6

01

Business Overview
LOGISTICS DISTRIBUTION

v Korean Logistics
Procurement Production Logistics Finished Car, Auto Parts, Steel etc.

v CKD
Production Line Management (JIT, JIS) Packaging Quality Management

v International Logistics
In/Outbound Logistics Finished CarRaw Material Shipping Bulk / Container Logistics

v Merchandise
Used Car Auction Supplies, Other Distribution

02

Logistics_Korean/International
Unit : KRW 1 BN

v Korean Logistics
Inland and Coastal Transportation

Domestic Logistics

1,150.0

Procurement Production Sales Logistics

Finished Car, Auto Parts, Steel etc. Transportation
560.2

v International Logistics
In/Outbound Logistics Finished Car Shipping Raw Material Shipping Bulk / Containers

2005

2006

2007

2008

2009

2010

2011

International Logistics

2,376.8

v Role
Realization of JIT/JIS throughout plants Provide logistic solutions for various freight Consulting, etc. related to logistic
2005 2006 2007 2008 2009 2010 2011

464.4

03

Finished Car Shipping

Finished Car Export Global TOP5
1,200 1,100 910 1,070 As of Dec.31, 2011 Unit : 1,000

Unit : 1,000 cars 1,080

Rank
1 2 3

Auto-Maker

Sales(E)
9,030 8,160 7,900 6,900

840

740

740

920

1,080

5
2009 2010 2011
Source : HIS AutoMotive

6,600

2007

2008

PCC Fleet Expansion

Owned Chartered Unit : 1 vessel

Total Sales of Finished Car Shipping

Unit : KRW 1 BN

32 24 18

792.8

543.6

8 5 3 2
5

5 6
5

206.2 147.1

2008

2009

2010

2011

2Q 12

2008

2009

2010

2011

04

Raw Material Shipping

Business Overview 3rd Blast Furnace Schedule
3rd Blast Furnace Construction Schedule : about 29 months
China

Canada

Ground Breaking
Brazil Australia Iron Ore Brazil, W.Australia Coal Canada, E.Australia, China Limestone Korea, etc.

Test Operation

C-HRC Completion

3rd Blast Furnace Completion

11 1Q

13 1Q

13 2Q

13 3Q

Total Sales of Raw Material Shipping

Unit : KRW 1 BN

Demand
Limestone 270 Ton 2.7MN Coal 6.5MN 650 Ton Iron Ore 13.6MN 1,360 Ton

Production Capacity Crude Steel 8 MN Ton Product 8 MN Ton - Hot coil: 6.5 MN Ton - Plate : 1.5 MN Ton
37.7
2009
2010

309.7

207.3

2011

10

05

Distribution_CKD
Business Flow

P/O

Vendors

Warehousing
JIT, JIS Applies Asan, Ulsan

Packing/ Vanning

Oversea Port
Inland/ Ocean Transportation

Oversea Plant
Inland Transportation

Unit: 1,000 cars HMMC HMMR BHMC

Total Sales of CKD

Unit : KRW1 BN

300

200

600

HMMA 300

KMMG 300

3,731.5 2,892.6

HMC 1,860

KMC 1,640

1,224.2
KMS 300 HAOS 100 HMI 600 DYK 430 HMB 250(P)

1,017.0 454.1 644.1

1,201.6

2005

2006

2007

2008

2009

2010

2011

11

06

Distribution_Used Car Auction Business

Auction Process
Request Collect Prepare Auction Assess Display Site Visit Check

Yangsan Auction Center

Date of MOU Opening Date
Unsold

Auction

Sold

July, 2010

April, 2012

Size Expected Effect

Approx. 39.7 Market Expansion via Additional Network near the 2nd Largest City

View of Auction Center

Total Sales of U-Car Business

Unit : KRW 1 BN

204.1 133.1 101.9 70.1 147.4

2007

2008

2009

2010

2011

12

07

TPL / Others
TPL Business
In/Outbound Logistics Ocean/Air/Bulk Commercial Vehicle, Heavy Machines, Auto Parts, etc. Korean Logistics Diversify Items from procurement of Auto parts to oil, Agricultural Products Entered Chemical Industry Export Chemical Products (e.g., resin)

Project

Intl

Korean Logistics Logistics Intl Logistics

Enterprise

Chemical

Project Cargos Logistics for Oversea Plant Construction, etc.

Foreign Subsidiaries

Other Distribution
v Reinforcement of Distribution Business by adding Trading Part
Products & Resources Trading
- Distribution of natural resources as Aluminum, Coal , etc. - Finished Car, Auto Part, etc.

Car Recycled Resources

- Used auto parts - Remanufactured auto parts

- Iron/nonferrous metals Scrap

13

1. Company Overview 2. Business

3. Strength
Domestic/Global Network Specialist/IT systems

Network / Specialist / IT systems

4. Financial Status 5. Appendix

14

01

Domestic/Global Network
Domestic International

Used Car Auction

11. Bundang Auto Auction

HQ Logistics Center
1. Pyoungtaek port processng Center

12. Sihwa Auto Auction

HQ Subsidiaries Branch Office

11. Europe(Germany) 12. Czech 13. Slovakia 14. Russia 15. Turkey 16. Beijing 17. Tianjin 18. India 19. Australia 20. Mongolia 21. London 22. Koper 23. Tianjin 24. Qingdao 25. Yancheng 26. Sanghai 27. Vienna

Office
28. Mobile 29. Atlanta 30. Gardena 31. Dubai 32. Moscow

Office
13. Gwangju Office 14. Daegu Office 15. Pusan Office 16. Seosan Office 17. Sohari Office 18. Asan Office 19. Ulsan Office 20. Jeonju Office 21. Changwon Office 22. Cheonan Office 23. Hwaseong Office 24. Jincheon Office

1. America

2. Alabama
3. Georgia 4. New jersey 5. GAPS CA 6. GAPS Alabama 7. GAPS Georgia 8. GAPS Pennsylvania 9. Canada 10. Brazil

2. Asan KD Business Center

3. Gyeongju KD Business Center 4. Gwangju C/C 5. Ulsan 1C/C, 2C/C

Business Office
6. Incheon Business Office 7. Dangjin Business Office 8. Suncheon Business Office 9. Pohang Business Office

10. Ulsan Business Office

15

02

Specialist/IT systems
Specialists IT Systems

331 Control Center Shipping/Air

29 Transportation 1 1

KCPL

CPIM

Custom CPM Lawyer Broker

The Most Professionals in the Field

KCPL: Korean Certified Professional Logistician

Logistics Information System

Distribution Center

16

1. Company Overview 2. Business 3. Strength 4. Financial Status

Shareholders / Performance Plan

Majority Shareholders/Stock Price 11 Performance/12 Business Plan

5. Appendix

17

01

Majority Shareholders & Stock Price

Shareholding
VE ES Chung 31.88% Free Float 32.23%

Credit Rating vS&P

BBB+(Stable) Mar. 20th, 2012 BBB(Positive) June. 7th, 2011

Chairman MK Chung 11.51% Wilh. Wilhelmsen 15.04%

v Moodys
Baa2(Stable) Sep. 21st, 2010 Baa3(Stable) Nov. 11th, 2009

Hyundai Motor 4.88%

Haevichi Foundation 4.46%

Change in Share Price

KOSPI
Transport & Storage Hyundai Glovis KRW 229,000 Foreigners

Change in Composition
Institutions Individual

20.00%

15.00%

10.00%

5.00%

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

3Q

4Q

1Q

2Q

0.00%
2006 2007 2008 2009 2010 2011 12 1Q 12 2Q

2009

2010

2011

2012

18

02

11 Performance/12 Business Plan

Unit : KRW 1 BN

Unit : KRW 1 BN

2010

2011

YoY
(%)

2011

2012(P)

YoY
(%)
(%)

Sales

5,834.0

7,547.8

+29.4

Korean Logistics
International Logistics

1,150.0

1,321.9

14.8

+14.9

Operating Profit

272.5

339.6

2,376.8

2,941.1

32.9

+23.7

+24.6

CKD
(OP Margin)

3,731.5

4,233.1

47.4

+13.4

4.7%

4.5%

Used Car EBITDA 298.6 373.2

+25.0

204.1

240.0

2.7

+17.6

Other Distribution EBT 284.4 374.1

+31.6

85.4 7,547.8

193.9 8,930.0

2.2

+127.0

Total

100.0

+18.3

Net Profit

233.1

302.1

+29.6

Foreign Subsidiary

2,180.1

2,234.0

+2.5

19

1. Company Overview
2. Business 3. Strength

4. Financial Status
5. Appendix
Summarized FS / Summarized IS / Subsidiaries

Summarized Financial Statement

Summarized Income Statement Subsidiaries

20

Appendix
Unit : KRW 1 BN

Summarized Financial Statement

Parent 2010 K-IFRS
1,289.1
286.4

Consolidated
YoY(%)
+55.8 +72.7

Accounts
Current Assets

2011 K-IFRS 2,008.1

494.7

2010 K-IFRS
1,777.7
460.0

2011 K-IFRS 2,529.5

636.1

YoY(%)
+42.3 +38.3

Cash&Cash Equivalent
Non-Current Assets

989.4

1,181.5

+19.4
+40.0 +59.1

1,028.4

1,297.0

+26.1
+36.4 +38.7

Total Assets
Current L

2,278.5
969.5

3,189.6
1,542.2
668.3

2,806.1
1,405.4

3,826.5
1,948.9
819.8

Short-term Debt
Non-Current L

526.3

+27.0 +25.6 +8.4

748.5

+9.5
+50.2

173.4
122.2

217.8
141.6

256.9

385.9
219.8

Long-term Payables Long-term Debt

137.6

+59.7
+40.4

Total L
Paid-in Capital

1,142.9

1,760.0

+54.0

1,662.4

2,334.8

Capital Stock Capital Surplus Accumulated Other Comprehensive Income Retained Earnings

18.8 153.6 111.4 851.8

18.8
153.6 130.1 1,127.1

+16.7 +32.3
+25.9

18.8 153.6 101.6 870.6

18.8
153.6 117.9 1,202.4

+16.0 +38.1
+30.4

Total Stockholders Equity

L-to-Equity Ratio

1,135.6
100.6%

1,429.6
123.1%

1,143.7
145.4%

1,491.7
156.5%

21

Appendix
Unit : KRW 1 BN

Summarized Income Statement

Parent
2010 K-IFRS 2011 K-IFRS YoY(%) 2010 K-IFRS

Consolidated
2011 K-IFRS YoY(%)

Accounts

Sales Cost of Sales Gross Profit

SG&A Expense

5,834.0 5,351.9 482.1 241.7

133.5 91.4

7,547.8 6,916.2 631.6 297.1

144.2 139.1

+29.4 +29.2 +31.0 +18.0

7,296.5 6,669.2 627.3 296.4

139.3 101.9

9,546.0 8,743.9 802.1 341.2

181.8 178.4

+30.8 +31.1 +27.9 +15.1

Other Gains Other Losses

+8.0

+30.5 +75.2
+26.1

Operating Profit
Financial Income Financial Cost

272.5
24.9 13.0

339.6
45.5 11.0

+52.0

368.3
9.3 16.4

464.3
13.9 14.2

+82.7 -15.4

+49.5 -13.4 +73.4

+30.0 +34.5 +28.5

Equity Method Gain

12.8

22.2

EBT Income Tax Expense Net Profit

284.4
51.3

374.1
72.0

+31.5 +40.4 +29.6

374.0
94.8

486.2
127.4

233.1

302.1

279.2

358.8

22

Appendix
Unit : KRW 1 BN

Subsidiaries
Stake
24.96% 100.00% 100.00%

Company
HYUNDAI AMCO GLOVIS AMERICA GLOVIS SLOVAKIA BEIJING GLOVIS GLOVIS EUROPE GLOVIS CZECH GLOVIS INDIA GLOVIS RUSSIA GLOVIS TURKEY GLOVIS AUSTRALIA GLOVIS BRAZIL GLOVIS MONGOLIA

2010
Sales Net Profit Sales

2011
Net Profit

Remarks

1,488.9 760.4 50.3 103.0 290.1 44.2 206.7

60.0 29.4 3.7 4.3 12.2 3.1 6.2

2,303.9 935.5 55.6 211.1 360.1 49.4 257.7

90.4 37.7 3.0 10.9 16.2 1.5 13.0

100.00%
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

59.5
34.8 31.8

0.7
2.7 0.2

157.8
37.6 42.2 0.3

0.6
2.4 0.4 -1.5

Overseas Subsidiaries Total SUBTOTAL

1,580.8

62.5

2,107.3

84.2

3,069.7

122.5

4,411.2

174.6

23