13 - swire.com · design engineering, vendor management and certification. also manufactures...

Market Capitalisation 2017(average market capitalisation for the 31 days of December)

US$13Bn US$19Bn US$6Bn

Turnover US$29,312M

Capital Employed US$69,400M

Employees 136,211

013 14 15 16 17

5,000

10,000

15,000

20,000

25,000

30,000US$M

Turnover | 2013-2017

US$M

Turnover by Region | 2017

Hong KongMainland ChinaOther AsiaSW PacificAmericasEuropeAfrica & Middle EastMarine Global#

US$M

Turnover by Division | 2017

PropertyAviationBeverages & Food ChainMarine ServicesTrading & IndustrialHead Office

US$M

Capital Employed by Region | 2017


13 14 15 16 17

US$M

Capital Employed | 2013-2017

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

US$M

Capital Employed by Division | 2017


13 14 15 16 17

Employees | 2013-2017

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

Employees by Region | 2017


Employees by Division | 2017


Note: Information within this document is prepared on a 100% basis for subsidiaries of the Swire group, direct joint ventures of the Swire group and associated companies (which have services agreements in place with the Swire group).

# Due to the global nature of our Marine Services businesses, geographical segmentation is not always possible. Accordingly, we have allocated these businesses to a Marine Global region.

• Established in 1816 and headquartered in London.

• Responsible for formulating and directing overall group strategy. Provides a range of services within the group, including recruitment, employment and training of staff.

• Holds a 55% shareholding in Swire Pacific in Hong Kong.

• Holds controlling stakes in a range of businesses trading in the UK, North America, Australia, Papua New Guinea, East and West Africa, and across Southeast Asia.

Swire is a highly diversified global business group, which has been in operation for over 200 years. Within Asia, Swire’s activities principally come under the group’s publicly quoted arm, Swire Pacific Ltd. Elsewhere in the world, businesses are held by parent company, John Swire & Sons Ltd.

• Listed on The Stock Exchange of Hong Kong Ltd.

• Holding company for the Swire group’s principal businesses in Hong Kong, Mainland China, Taiwan, Singapore and elsewhere.

• Major shareholder in Hong Kong listed companies Swire Properties (82%) and Cathay Pacific Airways (45%).

• Has wholly owned businesses in the areas of Beverages, Marine Services and Trading & Industrial.

ABOUT JOHN SWIRE & SONS LTD

ABOUT SWIRE PACIFIC LTD

TAIKOO PLACEA thriving hub of eight interconnected office towers, Taikoo Place is Hong Kong’s largest business district outside Central.

Includes a 30,000 sq. ft. co-working space, Blueprint, private members’ club, The Refinery, and a 7,000 sq. ft. multipurpose venue, ArtisTree.

The current Taikoo Place redevelopment will offer 2 million sq. ft. of new Grade-A office space and landscaped gardens.

MAINLAND CHINA

USA

HKRI TAIKOO HUILatest mixed-use project in the vibrant Jing’an District of Shanghai.

Comprises a shopping mall, two Grade-A office towers, two luxury hotels, and one serviced apartment building.

PROPERTYSwire has substantial property interests in Hong Kong, Mainland China, the USA and Papua New Guinea. These include property development, investment, management and trading interests as well as hotels. The principal businesses are grouped under Swire Properties Ltd and Steamships Trading Company Ltd. PACIFIC PLACE

One of Hong Kong’s most desired business addresses and shopping and dining destinations.

Comprises a premium shopping mall, three Grade-A office towers, four luxury hotels and a serviced apartment building.

HONG KONG

BRICKELL CITY CENTRELargest mixed-use development in Miami, USA.

Phase I includes a shopping centre, two residential towers, two office buildings and a hotel and serviced apartments (EAST, Miami).

13 14 15 16 17

By Region

13 14 15 16 17

Capital Employed 2017

By Region

13

Hong Kong

14 15 16 17

Employees 2017

By Region

Mainland ChinaOther Asia

Steamships TradingSwire Properties

OthersSW PacificAmericas

Turnover 2017

0500

1,0001,5002,0002,5003,0003,500US$M

US$M

05,000

10,00015,00020,00025,00030,00035,00040,00045,000

0

2,000

4,000

6,000

8,000

10,000

CORAL SEA HOTELS

Steamships Trading Company is one of Papua New Guinea’s best-known conglomerates, with diverse commercial interests and listings on both the Australian and Port Moresby Stock Exchanges.

PACIFIC PALMS PROPERTY One of the leading property developers in Papua New Guinea, with residential, commercial, retail and industrial property throughout the country.

Largest hotel group in Papua New Guinea.

hotels7

0

10,000

20,000

30,000

40,000

17 18 19 20 21 2322

Completed Property Investment Portfolio by TypeGross floor area ('000 sq.ft.)

OfficeRetailIndustrialHotelResidentialOthers

0

10,000

20,000

30,000

40,000

17 18 19 20 21 23

Completed Property Investment Portfolio by RegionGross floor area ('000 sq.ft.)

Hong KongMainland China

SW PacificAmericas

Other Asia

22

PACIFIC PLACE

Listed on The Stock Exchange of Hong Kong Ltd, Swire Properties has investments in Hong Kong, Mainland China, Singapore and the USA, with a well-established record of developing and managing large-scale mixed-use projects that transform urban areas. Its wholly owned subsidiary Swire Hotels comprises The House Collective, a collection of small luxury hotels, and EAST, a group of lifestyle business hotels.

Chengdu Sino-Ocean

Taikoo Li Chengdu

Shanghai HKRI Taikoo Hui

GuangzhouTaiKoo Hui

Taikoo Li Sanlitun

INDIGO

5mixed-useprojects

Beijing

Dublin ManchesterAmsterda m

Copenhagen #

London

BarcelonaMadri d

BrusselsFrankf ur t

Mila n

Rome

Tel Aviv

BahrainDubai

Delhi

Mumbai

Hyderaba dBangalor e

Bang kok

DhakaKolkat a

Ho Chi Minh Ci ty

Singapor e

Denpasar(Bali )

Cairns

BrisbaneWellcamp

AucklandSydney

Pert hAdelaid e

Melbourn e

CebuManil a

Taipei

Shang haiZhengzhou

Beijin gSeoul

Dalla s

Mexico Ci ty

Guadalajar a

Los Angele sSan Francisco

Vancouve rCalgar y

Anchorage

Chicag oNew York

ColumbusAtlant a

Miam iHousto n

BostonToront oSapporo

TokyoNagoya

Osaka

Hong Kong

SurabayaJakart a

Colomb o

Maldives(Malé )

Johannesbur g

Chennai

Pari sZuric h

Phnom Penh

Hanoi

Penan g

Xiamen

Chongqin gChengd u

Por tland

One of the world’s leading aircraft engineering and maintenance providers, offering a comprehensive range of airframe, cabin, component and engine services.HAECO GROUP

FLEET PROFILE

Cathay Pacific Network* (at 30th June 2018)

2017 Top 10 customers: (in alphabetical order)Provides cabin integration solutions for commercial aircraft and private jets, including design engineering, vendor management and certification. Also manufactures aircraft seats and interior products.

149aircraft

Cathay Pacific

47aircraft

Cathay Dragon

Cabin Solutions

Cathay Pacific: 75 destinations

* Joint-operating and codeshare services are not shown.# Seasonal service

Provides inventory technical management, component repair and overhaul services for hydraulic, mechanical, avionics and pneumatic systems across the Airbus and Boeing commercial aircraft fleets.Component Services

CATHAY PACIFIC GROUPIncludes Cathay Pacific Airways, wholly owned regional carrier Cathay Dragon and all-cargo carrier AHK Air Hongkong and an 18% associate interest in Air China.

Business interests also include flight catering,

34.8million

Revenue passengers carried

AIRCRAFT ENGINEERING AND MAINTENANCE

Operates world-class repair, overhaul and testing facilities for Rolls-Royce, GE Aviation and Pratt & Whitney aircraft engines in Hong Kong and Mainland China.

Engine Services

2.1million tonnes

Cargo and mail carried

Offers airframe maintenance, cabin reconfiguration, structural modification and freighter conversion, as well as line services covering transit checks and certification, ramp services, cabin management and 24/7 aircraft-on-ground support across Asia and the USA.

Airframe Services

13 14 15 16 17

By Region

13 14 15 16 17

Capital Employ ed 2017

By Region

13 14 15 16 17

Employ ees 2017

By Region

Cathay Pacific Grou pHAECO GroupOthersHong Kong

Mainland Chin aOther Asi aSW Pacifi c

AmericasEuropeAfrica & Middle East

Turnover 2017US$M

US$M

0

10,000

20,000

30,000

40,000

50,000

60,000

0

3000

6,000

9,000

12,000

15,000

18,000

0

3,000

6,000

9,000

12,000

15,000

18,000

AVIATIONSwire is a major player in the global aviation industry with interests including airlines and aircraft engineering. The division comprises significant investments in the Cathay Pacific Group and Hong Kong Aircraft Engineering Company (HAECO) Group.

new aircraft on order for delivery up to 2024

79

Tokyo

Fukuok a

Okinawa

BusanJeju

Shanghai

Nanjin g

QingdaoJinan

Wuhan

Zhengzho u

Xi’an

ChongqingChangsha

Guilin

GuangzhouNanning

HanoiHaikou

SanyaDa Nang

Phnom Penh

Phuket

Penang

Kuala Lumpu r

Siem Reap

Chiang Mai

Kunming

Chengdu

Kathmand u

Dhaka

Kolkat a

Bangalor e

YangonClark

Denpasar (Bali)

Beijin g

HangzhouNingbo

WenzhouFuzhou

XiamenTaipei

TaichungKaohsiun g

Hong Kong

Cathay Dragon Network* (at 30th June 2018)

Cathay Dragon: 46 destinations

AIRLINES

• Passenger destination• Freighter destination• Passenger and Freighter destination

Taiwan

Henan Jiangsu

Anhui

Zhejiang

Fujian

Guangdong

Hong Kong

Hubei

YunnanGuangxi

Jiangxi

Shanghai

Hainan

Idaho

Utah

New Mexico

SouthDakota

Oregon

Wyoming

Nebraska

Colorado Kansas

Arizona

Nevada

California

Washington

UNITED STATES COLD STORAGEThird largest Public Refrigerated Warehouse logistics provider in North America, operating 38 facilities located in 13 states.

TAIKOO SUGAROwns and operates three sugar packaging plants and a sugar refinery in Mainland China.

104,000tonnes of tea

productsproduced

and traded

MAINLAND CHINA USA

18 plants in 11 provinces and Shanghai

6plants in 13 states

Franchise population

over 664 million


over 28 million

Photo courtesy: The Coca-Cola Company

A leading international supplier of tea, coffee and natural ingredients for the global beverage industry. Has extensive interests across plantations, extraction, trading, R&D, packing and customer support.

JAMES FINLAYFounded in 1750, Finlays established some of the world’s first large-scale tea plantations during the 19th century.

SWIRE BEVERAGES A strategic partner of The Coca-Cola Company since the 1960s.

Swire Beverages has the exclusive right to manufacture, market and distribute products of The Coca-Cola Company in 11 provinces and the Shanghai Municipality in Mainland China, and in Hong Kong, Taiwan and an extensive area of the western USA.

MANUFACTURING AND DISTRIBUTION

1,512million unit cases

Sales volume

724 million


COLD STORAGE

13,000tonnes of coffee products produced

13 14 15 16 17

By Region

13 14 15 16 17

By Region

Hong Kong

13 14 15 16 17

By Region

Mainland ChinaOther AsiaSW Pacific

AmericasEuropeAfrica & Middle East

Swire BeveragesSwire Pacific Cold StorageUnited States Cold StorageSwire Cold StorageSwire FoodsJames Finlay

01,0002,0003,0004,0005,0006,0007,000

Turnover 2017


Employees 2017

US$M

US$M

010,00020,00030,00040,00050,00060,00070,000

0500

1,0001,5002,0002,5003,0003,5004,000

BEVERAGES & FOOD CHAINSwire plays an important role in numerous links in the food chain. The group is one of the largest Coca-Cola bottlers in the world, a leading international supplier of tea, coffee and natural ingredients for the global beverage industry, and one of the largest operators of cold storage facilities in the USA. Swire is also involved in the manufacturing and distribution of a variety of food and beverage products.

INGREDIENTS

BEVERAGES

QINYUAN BAKERY

in southwest China650 stores

Miami

Wells next the Sea

Mumbai

Beijing

Taipei

Port Moresby

Melbourne

Sydney

Noumea

Auckland

SuvaApia

Vancouver

San FranciscoShanghai

Singapore

London

AVERAGE FLEET AGE

8.2YEARS

CNCo’s Network Coverage (at 30th June 2018)

THE CHINA NAVIGATION COMPANY (CNCo)Formed in 1872, CNCo is Swire’s oldest operational business, with a global network of multipurpose liner, dry bulk and bulk logistics services deployed through its three business divisions, Swire Shipping, Swire Bulk and Swire Bulk Logistics.

Platform Supply Vessels18 Accommodation

Barges2Seismic Survey Vessels2Windfarm Installation Vessels2Multi-purpose

Offshore Vessels 3Fast Catamaran1

Anchor Handling Tug Supply Vessels 49

SWIRE PACIFIC OFFSHORELeading service provider to the offshore oil and gas industry in every major production and exploration region outside the USA.

Subsidiary companies provide seismic survey, emergency response to oil spills, salvage, subsea and windfarm installation services.

OFFSHORE SUPPORT SERVICES

STEAMSHIPS TRADING COMPANYConsort Express Lines is a leading provider of coastal and river shipping services in Papua New Guinea, offering liner services as well as project charters.

14 OWNED VESSELS

SWIRE OILFIELD SERVICES (SOS)World’s largest supplier of specialist offshore containers to the global energy industry, providing a diverse range of oilfield services.

Operating from 61 bases across 29 countries, SOS has a presence in all major oil and gas regions in Europe, Africa, the Middle East, North and South America and Asia Pacific.

77VESSELS

13 14 15 16 17

Turnover 2017

13 14 15 16 17


13 14 15 16 17

Employees 2017

Swire Pacific OffshoreThe China Navigation Company

Swire Oilfield ServicesSteamships TradingOthers

0

500

1,000

1,500

2,000

2,500US$M

US$M

01,0002,0003,0004,0005,0006,0007,0008,000

0

1,000

2,000

3,000

4,000

5,000

MARINE SERVICESSwire’s marine interests cover a wide range of activities, from liner shipping to the provision of offshore support services to the international oil and gas industry, and from harbour and ocean towage and salvage to ship repair and shipping agency services. The group’s involvement in this industry dates back over 145 years.

SHIPPING LINES

AVERAGE AGE

5.1 YEARSOfficeSwire BulkSwire Shipping

55OWNED VESSELS

OFFSHORE SUPPORT SERVICES

SHIPPING LINES

Operates over 190 retail outlets consisting of single brand concept stores and shop-in-shops, as well as multi-brand sports and casual retail chains.

ARGENT ENERGYProduces biodiesel and biofuel from wastes such as animal fats and sewer grease.

PURESTREAM SERVICESA Utah-based company which treats produced water for re-use in the oil and gas, power generation, as well as food and beverage industries.

AUTOMOTIVE TRADING

TAIKOO MOTORS GROUPDistributes and retails international brands of passenger cars, commercial vehicles, motorcycles and scooters in Taiwan, Hong Kong and Malaysia.

MINING SERVICES

TRADING

INDUSTRIAL

WHOLESALE AND RETAIL

HSE MINING A leading specialist provider of large-scale complex mining services to Australia’s major mining companies.

SWIRE RESOURCES GROUPMajor distributor and retailer of sports and lifestyle shoes, apparel and accessories in Hong Kong, Mainland China and Macau.

200specialised vehicles

KALARIProvides specialised bulk logistics services for a number of Australia’s leading mining and related manufacturing businesses.

13 14 15 16 17

By Region

13 14 15 16 17

By Region

13 14 15 16 17

By Region

Hong KongMainland ChinaOther Asia

SW PacificAmericasEurope

Swire Resources GroupTaikoo Motors GroupAkzo Nobel Swire Paints*

KalariArgent EnergyAlex Fraser

HSE Mining

Others

0

500

1,000

1,500

2,000

2,500

3,000US$M

US$M

Turnover 2017


Employees 2017

0100200300400500600700800

0

2,000

4,000

6,000

8,000

10,000

TRADING & INDUSTRIALSwire’s Trading & Industrial activities encompass a wide spectrum of business interests, ranging from apparel and automotive trading to manufacturing and materials handling. The group has major bulk transport operations in Australia and has strategic investments in various sustainable businesses.

* Akzo Nobel Swire Paints has negative capital employed. These figures have been excluded from the time series and regional breakdown.

BULK LOGISTICS

GREEN INVESTMENTS

This organisation chart is for illustrative purpose only and does not represent the legal structure of the group.* Shareholding held through subsidiary at 25%, another 24% held through an economic interest with total holding at 49%.

Operating business by country/territory:

JOHN SWIRE & SONS LIMITED

Finlays

100

100

100

100

100

100

100

72

100

100 100

100 100

100 55

100 70 51

100 100 10049.51 67

100 100 100 100

100

100 100

100100 100

100

100 100

100

100

100

100

100

100

100

100

100

100

100

100

51

50

50

100

85

51

19

20.4

7.6

15

100

49

100

64.24

81.58

12.86

80

20

60

20

21.46

7.15

80

20

51

41

100

100

100

100

100

95.8

95.1

52.6

0.99

100

100

60

100

100

100

24

25

40

51

100

100

18.13

25*

9 67.58

2.59 83.93

5.45 73.34

30

2.98

100

100

70 30

60 15

9.09

50

49

30 10

9.01

4.44

10.76

35

10

2.08

928

25

9.23

45

22.05

58.55

8245

100

100

99.6

100 100 75

Swire Oilfield Services

The China Navigation Company

ArgentEnergy

Finlay Beverages

Finlay Tea Estates Sri Lanka

Finlays Colombo

Pacifica Shipping

Swire Shipping

Swire Bulk Logistics

Casa Fuentes

Finlay Extracts and Ingredients

Aspen Beverage

James Finlay Kenya

Damin Foodstuff

(Zhangzhou)

Swire Shipping Agencies

SwireBulk

Quadrant Pacific

John Swire & Sons (Australia)

Pty Limited

John Swire & Sons (PNG)

Limited

Coral Sea Hotels

Steamships Trading

Pacific Palms Property

PacificTowing

Transport and Port Services

ConsortExpress Lines

Colgate Palmolive (PNG)

John Swire & Sons (H.K.)

Limited

John Swire & Sons (S. E. Asia)

Pte Limited

Ethos International

Swire Pacific Limited

Swire Group Taiwan

John Swire & Sons Inc

John Swire & Sons (China)

Limited

United States Cold Storage

Purestream Services

Swire Properties

Swire Properties US

SwireProperties

China Holdings

SwireProperties

Hotel Holdings

Cathay Pacific Airways

Hong Kong Aircraft

Engineering Company

HAECO Component

Overhaul (Xiamen)

Singapore HAECO

HAECO USA Holdings

HAECOITM

Shanghai Taikoo Aircraft Engineering

Services

Taikoo (Xiamen) Aircraft

Engineering

Hong KongAero Engine

Services

Goodrich Asia-Pacific

Taikoo (Shandong)

Aircraft Engineering

Dunlop Taikoo (Jinjiang)

Aircraft Tyres

HoneywellTAECO

Aerospace (Xiamen)

Sichuan Aircraft Maintenance Engineering

China Pacific Laundry Services

China Pacific Catering Services

Cathay Pacific Catering

Services (H.K.)

Cebu Pacific Catering Services

Cathay Pacific Services

Hong Kong Airport

Services

Shanghai International

Airport Services

Hong Kong Dragon Airlines

Vogue Laundry Service

AHK Air Hong Kong

AirChina

Air China Cargo

Taikoo Engine Services (Xiamen)

Taikoo (Xiamen)

Landing Gear Services

HAECO Composite Structures (Jinjiang)

Goodrich TAECO Aeronautical

Systems (Xiamen)

CLSCatering Services

Fulcrum BioEnergy

Swire Beverages Holdings

Swire Beverages

Swire Coca-Cola

HK

Swire Guangdong Coca-Cola

Swire Guangdong Coca-Cola (Huizhou)

SwireBCD

Xiamen Luquan Industries

SwireCoca-Cola Beverages

Xiamen

Coca-Cola Bottlers

Manufacturing Holdings

SwireCoca-Cola Beverages Zhengzhou


Luohe


Hefei

SwireCoca-Cola Beverages Zhejiang

Swire Coca-Cola Beverages Wenzhou

SwireCoca-Cola Beverages Jiangsu

Swire Coca-Cola

Taiwan

Swire Coca-Cola

USA

Swire Coca-Cola BeveragesGuangxi

Swire Coca-Cola Beverages

Hainan


Jiangxi

Swire Guangdong Coca-Cola Zhanjiang


Hubei


Yunnan

ShanghaiShen-Mei Beverageand Food

SwirePacific

Offshore

SwireBlue Ocean

SwireEmergency Response Services

Swire Pacific Ship

Management

SwireSalvage

SwireSeabed

Offshore Solutions

Hongkong United

Dockyards

Hongkong Salvage & Towage

International Automobiles

Swire Motors Sales and Services

TaikooMotors

SwireResources

SwireResources (Shanghai)

Trading

SwireFoods Group

ChongqingNew Qinyuan

Bakery

SwireFoods Trading

(China)

TaikooSugar

TaikooSugar

(China)

SwireWaste

Management

GreenBiologics

NanoSpun Technologies

Avantium

KalariHSE

Property Aviation Beverages Marine Services Trading & Industrial

IndustrialTrading

The Netherlands USA

UK Publicly Quoted

Argentina Canada Hong Kong SAR Kenya Malaysia Norway Philippines Sri Lanka

Australia Denmark Israel Mainland China New Zealand Papua New Guinea Singapore Taiwan

50

42.31

13.49

3.96

JOHN SWIRE & SONS INC JOHN SWIRE & SONS LIMITED JOHN SWIRE & SONS (S. E. ASIA) PTE. LIMITED

JOHN SWIRE & SONS (H.K.) LIMITED

JOHN SWIRE & SONS (CHINA) LIMITED

JOHN SWIRE & SONS (PNG) LIMITED

JOHN SWIRE & SONS (AUSTRALIA) PTY LIMITED

SWIRE GROUP TAIWAN

SWIRE GROUP OFFICES

JOHN SWIRE & SONS LIMITEDJOHN SWIRE & SONS (PNG) LIMITED

JOHN SWIRE & SONS (AUSTRALIA) PTY LIMITED

SWIRE GROUP TAIWANJOHN SWIRE & SONS(H.K.) LIMITED JOHN SWIRE & SONS INC

JOHN SWIRE & SONS (CHINA) LIMITED

JOHN SWIRE & SONS (S. E. ASIA) PTE. LIMITED

Swire House59 Buckingham GateLondon SW1E 6AJUnited KingdomTelephone: (44) 20 7834 7717Facsimile: (44) 20 7233 7523

33/F, One Pacific Place88 QueenswayHong Kong(GPO Box 1, Hong Kong)Telephone: (852) 2840 8888Facsimile: (852) 2526 9365

Unit 1405, 14/F, ONE INDIGO20 Jiuxianqiao RoadChaoyang DistrictBeijing 100016ChinaTelephone: (86) 10 8486 3321Facsimile: (86) 10 8486 3221

300 Beach Road#12-06 The ConcourseSingapore 199555Telephone: (65) 6571 0351Facsimile: (65) 6571 0359

No. 287 Sec. 1 Jiuzong RoadTaipei 11494TaiwanTelephone: (886) 2 8178 5000Facsimile: (886) 2 2793 1588

PO Box 140Milford, DE 19963-0140USATelephone: (1) 302 422 7536Facsimile: (1) 302 422 8420

Level 16 Aurora Place88 Phillip StreetSydney NSW 2000AustraliaTelephone: (61) 2 9272 9272Facsimile: (61) 2 9231 4927

c/o Steamships Trading Company Ltd.PO Box 1Port MoresbyNational Capital District 121Papua New GuineaTelephone: (675) 313 7400

13 - swire.com · design engineering, vendor management and certification. also manufactures...

Documents