Results 2009 and outlook for 2010 2010 holcim ltd switzerland

Results 2009 and outlook for 2010 2010 holcim ltd switzerland

Phu My Bridge, Vietnam

Results 2009 and outlook for 2010

Challenging economic environment

North America

of the Emerging Markets

quarter of 2009

Holcim reacts swiftly and increases its efficiency

like-for-like basis

second half of the year

closed

Strong liquidity, lower net debt

liquidity

and extended the average maturity of existing debt

of CHF 1.50 per registered share

Difficult economic situation in Europe

order book in Switzerland

Eastern Europe and Russia

eased the pressure on the income statement

and currency factors

North America hit by the crisis

US government’s stimulus programs with no significant

impact

of Holcim US

Resilient Latin America

America

Argentina

Solid business activity in Africa Middle East

the Lebanon

Growing demand in Asia Pacific

Philippines and Indonesia

Key financial figures – Full year 2009

1 Includes a capital gain on the sale of a stake in Holcim South Africa of CHF 1,110 million and a special dividend of CHF 150 million, net

2 Includes a special dividend of CHF 150 million, net related to the sale of a stake in Holcim South Africa

3 Calculated on the weighted average number of shares outstanding retrospectively restated in accordance with IAS 33

4 Paid as a stock dividend 5 Proposed by the Board of Directors

+/-Key financial figures – Q4 2009

Major changes in the scope of consolidation

Effective as at

– Egyptian Cement Company January 23, 2008

– Panamá Cement and Cementos Colón December 31, 2008

– United Cement Company of Nigeria April 1, 2009

+ Holcim Australia and Cement Australia October 1, 2009

+/– Various smaller companies

26.9 34.3 33.7

67.3 65.6

64.9

8.8 9.7

14.5

22.8 26.6 27.2

Total Group

2007 149.6

2008 143.4

2009 131.9 Million t

10.4 4.7

4.0

2.6 2.7

5.7

11.8 12.5 13.4

97.6

5.4 8.0

8.1 7.3

5.8 1.1

1.2 1.7

10.1 10.6 11.7

1 LATAM Basket (MXN, BRL, ARS, CLP) 1 1.11 1.00 0.86 -14.0%

1 Asian Basket (AUD, IDR, INR, THB, PHP) 1 1.15 1.00 0.92 -8.0%

Statement of financial position

exchange rates in CHF 31/12/07 31/12/08 31/12/09 +/-

1 EUR 1.66 1.49 1.49 0.0%

1 GBP 2.25 1.53 1.66 8.5%

1 USD 1.13 1.06 1.03 -2.8%

1 LATAM Basket (MXN, BRL, ARS, CLP) 1 1.33 1.00 1.09 9.0%

1 Asian Basket (AUD, IDR, INR, THB, PHP) 1 1.30 1.00 1.05 5.0%

Exchange rates – Translation gains/losses

in CHF +/- in CHF +/- in CHF

+/-Net sales 391 1.6% -2,749 -10.2% -1,710 -6.8%Operating EBITDA 74 1.3% -593 -8.6% -394 -7.4%Operating profit 47 1.1% -376 -7.5% -262 -7.8%Net income - shareholders

of Holcim Ltd 16 0.8% -152 -3.9% -81 -4.6%Cash flow from operating activities 53 1.2% -369 -6.9% -322 -8.6%

Total shareholders' equity -450 -2.4% -4,687 -21.4% 277 1.5%Net financial debt -342 -2.7% -1,877 -14.6% 102 0.7%

21,132

25,157 27,052

Net sales by region

3480 4527

5365

3348 4170

4010

1831

1354 1206

6418 6109

6292

2008 2009

7320

10401 10043

North America

16.0%

Europe 33.6%

Asia Pacific 29.5%

Africa Middle East

5.5%

Latin America 15.4%

Net sales by region

Net sales 2009

4,630 5,333

373 368

653

1760 1495

1844

2008 2009

1232

2003 2399

1

1 Margin on a like-for-like basis

Operating profit by region

879 966

1001

317 303

577

1301 1021

1341

Million CHF

40 5

623

2007 2008 2009

3,888 3,703

Cash flow statement

Cash flow from operating activities 5,323 3,703 3,888 5.0%

Net investments to maintain productive

capacity and to secure competitiveness -1,043 -1,104 -376 65.9%

Expansion investments -2,245 -3,287 -1,929 41.3%Financial investments net -2,277 -1,084 -2,285 -110.8%

Financing requirement -1,114 -2,877 -894 68.9%

FFO 1/Net financial debt 50.2 % (40.4%) 2 28.0 % 27.6 %

<1y 2y 3y 4y 5y 6y 7y 8y 9y 10y >10y

Maturity profile (CHF million) 1

Financial debt, maturities and liquidity as of

ƒ Fixed to floating ratio: 51% fixed

ƒ Capital markets 65%; Loans 35%

ƒ Corporate vs subsidiary debt: 78% corporate

ƒ Ø total maturity: 4.5 years

ƒ CP borrowings: no outstanding amounts

ƒ No financial covenants at corporate level

Loans Capital markets

0

Loans Capital markets

1 Current financial liabilities adjusted for short-term drawings under long-term committed credit lines

2 Liquidity II =Cash + marketable securities

3 Liquidity III =Liquidity II + unused committed credit lines

Outlook 2010 per Group region

Ready for new growth

competitiveness

19.4 16.1 -18.5% 1.5% -17.0%14.3 10.8 -24.5% 0.0% -24.5%97.6 78.4 -22.6% 2.9% -19.7%86.1 70.0 -21.4% 2.7% -18.7%11.5 8.4 -33.0% 6.0% -27.0%21.0 17.0 -23.3% 4.3% -19.0%17.5 14.7 -21.7% 5.7% -16.0%3.5 2.3 -31.4% -2.9% -34.3%

7,662 5,911 -18.4% 2.1% -6.6% -22.9%2,381 1,409 -32.3% -0.2% -8.3% -40.8%

+/-2008

- of which mature markets

- of which emerging markets

Million CHF

(if not otherwise stated)

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Ready-mix volumes (mm3)

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Europe – mature and emerging market highlights

683 977 -7.3% 61.0% -10.7% 43.0%5,426 5,441 8.1% 0.7% -8.5% 0.3%

136 214 4.4% 64.0% -11.0% 57.4%1,359 1,546 23.3% 0.4% -9.9% 13.8%

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Ready-mix volumes (mm3)

Aggregates volumes (mt)

2009

+/-2008

- of which mature markets

- of which emerging markets

Million CHF

(if not otherwise stated)

Asia Pacific – mature and emerging market

highlights

Long term corporate credit rating (March 3, 2010) 2007 2008 2009 Current

Standard & Poor's Ratings BBB+ BBB BBB BBB

Operating EBITDA margin (%) for:

1 Adjusted by plant closure costs, RONOA in 2008 was 12%

1

Domestic cement prices

* If not otherwise indicated calculation based on local currencies

Domestic cement prices

* If not otherwise indicated calculation based on local currencies 1 Calculation in USD

Cement – Price/volume variances per region

Domestic cement prices

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 Locally not published yet

Domestic cement prices

Cement – Price/volume variances per region

* If not otherwise indicated calculation based on local currencies

Domestic aggregates

prices

* If not otherwise stated calculation based on local currencies

1 Aggregate Industries UK incl exports

November 10, 2010 Press and analyst conference for

the third quarter 2010 March 2 nd , 2011 Press and analyst conference for

the annual results for 2010

Disclaimer

Cautionary statement regarding forward-looking statements

This presentation may contain certain forward-looking statements

relating to the Group’s future business, development and economic performance

Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to (1) competitive pressures; (2) legislative and regulatory developments; (3) global,

macroeconomic and political trends; (4) fluctuations in currency

exchange rates and general financial market conditions; (5) delay or inability in obtaining approvals from authorities; (6) technical

developments; (7) litigation; (8) adverse publicity and news

coverage, which could cause actual development and results to differ materially from the statements made in this presentation Holcim

assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.

Phu My Bridge, Vietnam

Strength Performance Passion.