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2+10 2014 Forecast March 20, 2014 Financial Planning & Analysis
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Financial Planning & Analysis Delphi Confidential Table Of Contents – 2+10 Forecast High Level Assumptions Income Statements and Variance Reporting Balance Sheet and Cash Flow SOCF and Net Working Capital Capex and Restructuring Common Size Reports ADJ Detail 2
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Financial Planning & Analysis Delphi Confidential Overview of 2+10 Forecast 3
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Financial Planning & Analysis Delphi Confidential Q1 2+10 Forecast 4
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High Level Assumptions 5
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Financial Planning & Analysis Delphi Confidential IHS Volume Outlook Compared to 2013 6 # Delphi Weighted Market is Delphi Market Growth in each region weighted by the proportion of total revenue # Delphi Markets for 2014 analysis include all markets
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Financial Planning & Analysis Delphi Confidential IHS Volume Outlook Compared to BBP 7 # Delphi Weighted Market is Delphi Market Growth in each region weighted by the proportion of total revenue # Delphi Markets for 2014 analysis include all markets
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Financial Planning & Analysis Delphi Confidential Key FX & Commodity Rates 2+10 Forecast 8
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Income Statement and Variance Reporting 9
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Financial Planning & Analysis Delphi Confidential 2+10 Forecast vs Lower Revenue Scenario Revenue 10 ($Millions) Note: ADJ. is FX Adjusted
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Financial Planning & Analysis Delphi Confidential 2+10 Forecast vs Lower Revenue Scenario Performance 11 ($Millions)
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2014 Lower Revenue Scenario – FX Adjusted 12
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2013 Actual – FX Adjusted 13
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2014 BBP – FX Adjusted 14
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2013 Actual 15
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 1+11 Fcst 16
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Financial Planning & Analysis Delphi Confidential Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs Budget 17
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Financial Planning & Analysis Delphi Confidential 2015 Sales, EBITDA Adj. & OI Adj. 2+10 Fcst YOY 18
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Financial Planning & Analysis Delphi Confidential Segment Metrics CY 2014 – 2+10 Forecast 19
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Financial Planning & Analysis Delphi Confidential Division Metrics CY 2014 – 2+10 Forecast 20
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Financial Planning & Analysis Delphi Confidential Region Metrics (Managerial Basis) CY 2014 – 2+10 Forecast 21
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Financial Planning & Analysis Delphi Confidential 2+10 Income Statement by Quarter 22
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Financial Planning & Analysis Delphi Confidential Revenue Q1 2014 2+10 Forecast vs Budget 23
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Financial Planning & Analysis Delphi Confidential Operating Income Adj. Q1 2014 2+10 Forecast vs Budget 24
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Financial Planning & Analysis Delphi Confidential Revenue Q1 2014 2+10 Forecast vs Q1 2013 25
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Financial Planning & Analysis Delphi Confidential Operating Income Adj. Q1 2014 Forecast 2+10 vs Q1 2013 26
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Financial Planning & Analysis Delphi Confidential Revenue CY 2014 2+10 Forecast vs Budget 27
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Financial Planning & Analysis Delphi Confidential Operating Income Adj. CY 2014 2+10 Forecast vs Budget 28
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Financial Planning & Analysis Delphi Confidential Revenue CY 2014 2+10 Forecast vs CY 2013 29
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Financial Planning & Analysis Delphi Confidential Operating Income Adj. CY 2014 Forecast 2+10 vs CY 2013 30
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q1 2014 2+10 Forecast vs Budget 31
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q2 2014 2+10 Forecast vs Budget 32
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q3 2014 2+10 Forecast vs Budget 33
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q4 2014 2+10 Forecast vs Budget 34
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. CY 2014 2+10 Forecast vs Budget 35
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q1 2014 2+10 Forecast vs Prior Year 36
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q2 2014 2+10 Forecast vs Prior Year 37
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q3 2014 2+10 Forecast vs Prior Year 38
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. Q4 2014 2+10 Forecast vs Prior Year 39
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Financial Planning & Analysis Delphi Confidential Regional Sales and OI Adj. CY 2014 2+10 Forecast vs Prior Year 40
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Balance Sheet and Cash Flow 41
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Financial Planning & Analysis Delphi Confidential Cash Flow 2014 Forecast (2+10) 42 Note: Net cash balance includes cash, cash equivalents, and restricted cash less debt.
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Financial Planning & Analysis Delphi Confidential 2014 Forecast (2+10) CY CFBF Variance To Budget 43 a Net cash balance includes cash, cash equivalents, and restricted cash less debt.
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Financial Planning & Analysis Delphi Confidential Quarterly Balance Sheet 2014 Forecast (2+10) 44 Note: Net cash balance includes cash, marketable securities, short term investments less debt.
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Financial Planning & Analysis Delphi Confidential Quarterly Cash Flow – Variance to Budget 2014 Forecast (2+10) 45 Note: Net cash balance includes cash, cash equivalents, and restricted cash less debt.
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Financial Planning & Analysis Delphi Confidential Return on Net Assets (RONA) 2014 Forecast (2+10) 46
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SOCF and Net Working Capital 47
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Financial Planning & Analysis Delphi Confidential Simplified Operating Cash Flow CY 2014 – 2+10 Forecast vs. 1+11 48
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Financial Planning & Analysis Delphi Confidential Simplified Operating Cash Flow CY 2014 – 2+10 Forecast vs. Budget 49
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Financial Planning & Analysis Delphi Confidential Working Capital Balances February 2014 – 2+10 Forecast vs. Budget 50
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Financial Planning & Analysis Delphi Confidential Working Capital Cash CY 2014 – 2+10 Forecast vs. Budget 51
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Financial Planning & Analysis Delphi Confidential Working Capital Days February 2014 – 2+10 Forecast vs. Budget 52
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Financial Planning & Analysis Delphi Confidential 2014 Working Capital Days Sales Outstanding 53 Accounts Receivable Accounts Payable Inventory Net Working Capital Favorable Favorable Days calculation = period ending balance / 3 months sales X days in the 3 months
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Financial Planning & Analysis Delphi Confidential 2014 Accounts Receivable Days Sales Outstanding (DSO) 54 Days calculation = period ending accounts receivable / 3 months sales X days in the 3 months
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Financial Planning & Analysis Delphi Confidential 2014 Inventory Days Inventory Outstanding (DIO) 55 Days calculation = period ending inventory / 3 months sales X days in the 3 months
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Financial Planning & Analysis Delphi Confidential 2014 Accounts Payable Days Payable Outstanding (DPO) 56 Days calculation = period ending accounts payable / 3 months sales X days in the 3 months
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Capex and Restructuring 57
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Financial Planning & Analysis Delphi Confidential Capex February 2014 Actual vs. BBP 58
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Financial Planning & Analysis Delphi Confidential Capex February 2014 Actual vs. Prior Forecast 59
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Financial Planning & Analysis Delphi Confidential 60 Capital Expenditures 2014 vs 2013 By Quarter
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Financial Planning & Analysis Delphi Confidential Restructuring 2014 BBP Vs. 2014 2+10 Forecast 61
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Financial Planning & Analysis Delphi Confidential Restructuring 2014 BBP Vs. 2014 2+10 Forecast – Regional Info. 62 Majority of Spend is in Europe
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Financial Planning & Analysis Delphi Confidential Restructuring 2013 Actuals Vs. 2014 2+10 Forecast – Divisional Info 63
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Common Size Reports 64
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Financial Planning & Analysis Delphi Confidential Total Delphi 2+10 2014 Common Size 65 Note: Integration and R Impairments included in the above financial statement line items
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Financial Planning & Analysis Delphi Confidential PT 2+10 2014 Common Size 66 Note: Integration and R Impairments included in the above financial statement line items
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Financial Planning & Analysis Delphi Confidential Thermal 2+10 2014 Common Size 67 Note: Integration and R Impairments included in the above financial statement line items
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Financial Planning & Analysis Delphi Confidential ES 2+10 2014 Common Size 68 Note: Integration and R Impairments included in the above financial statement line items
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Financial Planning & Analysis Delphi Confidential EEA 2+10 2014 Common Size 69 Note: Integration and R Impairments included in the above financial statement line items
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Financial Planning & Analysis Delphi Confidential DPSS 2+10 2014 Common Size 70 Note: Integration and R Impairments included in the above financial statement line items
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ADJ Detail 71
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Financial Planning & Analysis Delphi Confidential 2014 Division ADJ Detail 72
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Financial Planning & Analysis Delphi Confidential 2014 BBP Division ADJ Detail 73
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Financial Planning & Analysis Delphi Confidential 2013 Division ADJ Detail 74
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Financial Planning & Analysis Delphi Confidential February 2014 Walk to NI Adj. 75
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Financial Planning & Analysis Delphi Confidential Walk to NI Adj. 2014 Forecast vs. 2013 Actual 76
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