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Annual Report 2020 Resilience Resilience Amidst Amidst Adversity Adversity Resilience Amidst Adversity Annual Report 2020 Resilience Resilience Amidst Amidst Adversity Adversity In spite of the difficult challenges and severe economic disruptions brought about by the Covid-19 pandemic worldwide, GT Capital Holdings, Inc. remains resilient as it continues to provide world-class products and services to the Filipino people in five key sectors of the Philippine economy – banking, automotive assembly, importation, and distribution, property development, infrastructure and utilities, and life and general insurance. The GT Capital Group has strictly implemented the necessary precautions and protocols to ensure that its businesses continue to operate effectively in the new normal environment, while prioritizing the health and safety of its employees and other stakeholders. Together with its well-established strategic partnerships with best-in-class global brands, GT Capital’s component companies have accelerated their digital initiatives and utilized virtual and digital platforms to effectively reach customers and clients, especially in periods under stringent quarantine. GT Capital has indeed proven its capacity to endure even during the most difficult of times. Through its strong balance sheet, prudent cost management, and innovative strategies, GT Capital is well positioned to overcome adversity and emerge even stronger, as the pandemic eases and the economy begins to recover and regain normalcy. Annual Report 2020 37.15% Php13.8 Bn GT CAPITAL-OWNED 2020 NET INCOME Metropolitan Bank and Trust Company (Metrobank) is a leading universal bank providing corporate and consumer banking products and services through its extensive nationwide branch network and its foreign branches and representative offices. The Bank reaches out to and serves a wide range of clients that includes large local and multinational corporations, middle market and SMEs, high net worth individuals, and retail segments. 51% Php3.3 Bn GT CAPITAL-OWNED 2020 NET INCOME Toyota Motor Philippines Corporation is the Philippines’ most dominant car company and is engaged in the assembly, importation, and wholesale distribution of Toyota and Lexus motor vehicles in the Philippines. Products include vehicles and service parts for local sales and OEM (original equipment manufacturer) parts for export. TMP operates a facility located at the Toyota Special Economic Zone in Santa Rosa, Laguna, where it currently assembles its top-selling Vios and Innova models. 100% Php0.6 Bn GT CAPITAL-OWNED 2020 NET INCOME Federal Land, Inc. is a leading Philippine property developer with a historical focus on the residential segment, and has attained a four-decade track record across various real estate subsectors. It is involved in vertical and horizontal residential projects, commercial developments, and master-planned mixed-use communities. The company’s land bank, most of which is highly concentrated in key cities within the boundaries of Metro Manila, is sufficient for many years’ worth of project development. Metropolitan Bank and Trust Company (Metrobank) is a leading universal bank providing corporate and consumer banking products and services through its extensive nationwide branch network and its foreign branches and representative offices. The Bank reaches out to and serves a wide range of clients that includes large local and multinational corporations, middle market and SMEs, high net worth individuals, and retail segments. 25.3% Php2.9 Bn GT CAPITAL-OWNED 2020 NET INCOME AXA Philippines is one of the largest insurance companies in the Philippines based on total net premium income, and is a pioneer in the bancassurance industry. The company is the innovator behind and the market leader in variable unit-linked life insurance products that offer clients new possibilities to secure their financial future and expand synergies with Metrobank and PSBank by utilizing the Metrobank Group’s branch network as a distribution channel. The company also offers general insurance products and services. 15.98% Php10.2 Bn GT CAPITAL-OWNED 2020 CORE NET INCOME Toyota Motor Philippines Corporation is the Philippines’ most dominant Metro Pacific Investments Corporation is a leading car company and is engaged in the assembly, importation, and wholesale infrastructure conglomerate in the Philippines. Committed distribution of Toyota and Lexus motor vehicles in the Philippines. to transforming and growing its infrastructure assets, Metro Products include vehicles and service parts for local sales and OEM Pacific continuously seeks investment and partnership (original equipment manufacturer) parts for export. TMP operates a facility opportunities for the benefit of all its stakeholders. located at the Toyota Special Economic Zone in Santa Rosa, Laguna, Metro Pacific currently manages a diverse business where it currently assembles its top-selling Vios and Innova models. portfolio including water, utilities, toll roads, electricity distribution, hospital operations, and light rail. GT Capital Holdings Incorporated | Annual Report 2020 2020 Milestones 1 MARCH Metrobank and GT Capital pledge over Php200 million for Covid-19 crisis response 2 JUNE Inauguration of the Philippines’ largest molecular laboratory for Covid-19 testing at the former Philippine Red Cross Headquarters in Port Area Manila, partly funded by Metrobank and GT Capital through Metrobank Foundation (MBFI) and GT Foundation (GTFI) 2 3 JULY Metrobank receives the Philippine Dealing System Cesar E.A. Virata Award Best Securities House (Bank Category) for the 7th consecutive year 4 JULY GT Capital’s Php15.1 billion bonds maintain the highest rating of PRS AAA/Outlook: Stable, from Philippine Rating Services Corporation 5 JULY GT Capital establishes partnership with the Premium Group of Japan to enter the pre-owned vehicle 3 inspection and warranty business 6 OCTOBER The Asian Banker magazine’s BankQuality Consumer Survey 2020 on Retail Banks recognizes Metrobank as the Most Recommended Retail Bank in the Philippines and the fourth most recommended in the Asia Pacific region 7 OCTOBER GT Capital Auto Dealership Holdings, Inc. (GTCAD) establishes a partnership with Toyota Corolla Sapporo of Japan to acquire Toyota Santa Rosa from Toyota Motor Philippines 8 8 NOVEMBER The Institute of Corporate Directors (ICD) gives GT Capital the ASEAN Asset Class PLC Award based on the ASEAN Corporate Governance Scorecard 9 NOVEMBER GT Capital is awarded the Best Investor Relations Team in the Philippines by Capital Finance International 10 DECEMBER Toyota Motor Philippines receives its 19th consecutive Triple Crown Award for nationwide dominance in 10 passenger car, commercial vehicle, and overall unit sales 1 Resilience Amidst Adversity GT Capital’s Global Strategic Partners TOYOTA MOTOR CORPORATION and services enterprises in the world. countries in different regions. TFS (JAPAN) Utilizing global operating locations, offers a diverse range of products network, and information resources, and services, such as motor vehicle A top automotive company Mitsui is multilaterally pursuing financing, to meet the various needs worldwide engaged in the design, businesses that range from product of its valued customers. manufacture, assembly, and sale sales, worldwide logistics, and of passenger cars and commercial ORIX CORPORATION (JAPAN) financing to the development of major vehicles. The wide range of vehicles international infrastructure and other Engages in non-depositary credit the company manufactures includes projects. It is involved in iron and steel intermediation such as leasing, compact, subcompact, mid-sized, projects, mineral and metal resources, installment loans, life insurance, sports utility, and hybrid cars, as infrastructure projects, motor vehicles, and other related financial services. well as minivans and pick-up trucks, marine and aerospace, chemicals, It is also involved in property among others. Toyota is the brand energy, food resources, food products development. In the automotive name the company uses for these and services, consumer services, industry, the company is engaged vehicles, while luxury cars are under IT, finance and new businesses, and in corporate and personal leasing, the Lexus brand. Hybrid cars carry transportation logistics. rental, car sharing, and used vehicle the Prius brand. Aside from vehicles, sales. The company’s corporate Toyota also manufactures spare parts METRO PACIFIC INVESTMENTS financial services include lending, and offers financial services for retail CORPORATION building lease, e-commerce, corporate and wholesale auto financing, retail A leading infrastructure conglomerate pension, life and accident insurance leasing, insurance, credit cards, and in the Philippines. MPIC’s intention consulting, and investment banking. housing loans. Toyota operates in is to maintain and continue to ORIX is also into energy conservation, over 170 countries worldwide. develop a diverse set of infrastructure energy recycling, and electric power. In AXA, S.A. (FRANCE) assets through its investments in property development, the company water utilities, toll roads, electricity offers housing, real estate investment, Primarily engaged in providing distribution, hospital operations and and building management. life insurance coverage, as well as light rail. MPIC is therefore committed property and casualty insurance. NOMURA REAL ESTATE DEVELOPMENT to investing through acquisitions Asset management is another service (JAPAN) and strategic partnerships in prime that the group offers, which includes infrastructure
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