Dar Al Arkan Real Estate Development Co. · TADAWUL:4300
Dar Al Arkan Real Estate Development — Q4 2011 Earnings Presentation
9 slides from Dar Al Arkan Real Estate Development's earnings presentation, January 2012
Slide 1: Investor Presentation: Financial Update as End of December 2011
Investor Presentation Financial Update as End of December 2011 Jan, 2012 1
Slide 2: Financial Results
Financial Results Q4 2010 Q1 2011 Q2 2011 Q3 2011 Q4 2011 12 Month 12 Month Item (SAR Million) 2011 2010 Revenue 972 955 791 755 811 3,313 4,142 Gross Margin 380 367 338 321 344 1,369 1,764 Expenses (SG&A) (22) (20) (23) (22) (26) (90) (106) EBITDA 358 347 315 298 318 1,278 1,658 EBITDA% 36.8% 36.3%
Slide 3: Quarterly Residential Units' Sales
Quarterly Residential Units’ Sales 99 residential unit sold during 2011 Residential Sales 350 30.0% 25.0% 26.4% 21.40% 25.0% 300 291 23.7% 17.39% 21.66% 20.0% 18.9% 248 15.4% 17.16% 250 238 12.38% 15.0% 197 11.8% 10.0% 200 5.70% 5.0% 139 145 150 0.0% 100 -5.0% 84 82 -10.0% 50 43 28 -15.0% 14 14 0 -2
Slide 4: Quarterly Land Sales
Quarterly Land Sales 6,2 million sqm of land sales during 2011 Land Sales 3,550 60.0% 49.0% 3,050 44.8% 2,978 43.20% 50.0% 43.0% 52.54% 44.56% 42.96% 51.4% 49.1% 38.24% 2,658 2,527 43.71% 40.0% 2,550 40.2% 2,081 30.0% 2,050 1,930 1,860 20.0% 1,550 1,422 1,421 1,385 1,234 10.0% 984 1,050 839 0.0% 550
Slide 5: Balance Sheet Highlights
Balance Sheet Highlights Description (SAR Million) As of 31 Dec 2011 As of 31 Dec 2010 Cash 2,506 1,189 Account Receivables 1,228 1,668 Prepayments 507 556 Project in Progress 7,911 8,834 Developed Land 2,867 3,201 Investment in Land 5,083 4,732 Investment Properties 2,753 1,914 Investment in Associ
Slide 6: Projects Highlights
Projects Highlights Residential Projects Total Cost (SAR % Total Units for Sold to Remaining Timeline to Exit Million) Completed Units Sale Date Shams Ar Riyadh* 5,800 31% 2,694 2,694 - 2,694 2013 Shams Al Arous 7,500 20% 10,000 TBC - 10,000 2016 Al Qasr Mall 950 98% - - - - 2nd H 2011 Al Qasr 1,800
Slide 7: Contact Details – Investor Relations
Contact Details – Investor Relations Rayan I. Al-Karawi +96612069888 Ext. 1640 Banking & Investor Relation Department Manager ralkarawi@alarkan.com Sayed A. Al-Gohary +96612069888 Ext. 1644 Investor Relations Section Head sgohry@alarkan.com IR@alarkan.com 7
Slide 8: Forward-Looking Statement
FORWARD-LOOKING STATEMENT This presentation contains forward-looking statements. Such statements are not statements of historical fact, and reflect the beliefs and expectations of the Company's management. The words "anticipates," "believes," "estimates," "expects," "forecasts," "intends," "plans,"
Slide 9: Dar Al-Arkan
ol sla DAR AL-ARKAN
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