Sunland — FY2020 Earnings Presentation
16 slides from Sunland's earnings presentation, August 2020
Slide 1: Full Year Results 2020
FULL YEAR RESULTS 2020 (TO BE READ IN CONJUNCTION WITH THE GROUP'S FINANCIAL REPORT)
Slide 2: Group Overview and Development Portfolio
GROUP OVERVIEW AND DEVELOPMENT PORTFOLIO
Slide 3: FY20 Key Results
FY20 Key Results SUNLAND IS FOCUSED UPON THE DELIVERY OF IT'S PORTFOLIO AND UNLOCKING THE INHERENT VALUE OF THE GROUP - BY BRIDGING THE DIFFERENTIAL BETWEEN THE SHARE PRICE AND NET TANGIBLE ASSETS THROUGH THE STRATEGIC SALE OF SELECTED ASSETS. HEADLINE RESULT AFFECTED BY INVENTORY ADJUSTMENTS KEY OP
Slide 4: Financial & Operational Review
FINANCIAL & OPERATIONAL REVIEW
Slide 5: Financial Performance
Financial Performance PORTFOLIO KEY FINANCIAL HIGHLIGHTS FOR PERIOD › Projects strategically target the owner-occupier market, with a particular focus on downsizers. ENDING 30 JUNE 2020 $M F Y 20 F Y 19 › Combined development portfolio contributed a return on cost of 26% which is above the Group’s 2
Slide 6: Operational Review—Projects By Segment
Operational Review—Projects By Segment 72+424+ URBAN $98 M TOTAL DEVELOPMENT PORTFOLIO BY SEGMENT (AS AT 30 JUNE 2020) 4% TO BE UNDER T O TA L D E V E L O P M E N T P O R T F O L I O RELEASED CONSTRUCTION # ($M) # $M # $M HOUSING 24% $605 M VA L U E O F T O TA L M U LT I-S TO R E Y 1,190 1,183 584 6
Slide 7: Operational Review—Projects By Region
Operational Review— Projects By Region 14+15+4562 MELBOURNE $100 M SYDNEY TOTAL DEVELOPMENT PORTFOLIO BY REGION (AS AT 30 JUNE 2020) BRISBANE $284 M $465 M 4% 11% TO BE UNDER 19% QLD OTHER* T O TA L D E V E L O P M E N T P O R T F O L I O RELEASED CONSTRUCTION $75 M 3% # $M # $M # $M VA L U E O F T
Slide 8: Outlook
OUTLOOK
Slide 9: Outlook
Outlook DUE TO THE COVID-19 PANDEMIC the Board of Directors Is moving cautiously with the delivery of the portfolio. Strategic readjustments have been made to operational requirements and administration costs aligned to the Group's activity. SUNLAND GROUP WILL CONTINUE to assess opportunities to dis
Slide 10: Portfolio Details
PORTFOLIO DETAILS
Slide 11: Development Portfolio
Development Portfolio Completed Projects Under Construction Future Portfolio TOWNSVILLE B AY S I D E – B U S H L A N D B E A C H URBAN DEVELOPMENT G R A C E O N C O R O N AT I O N MULTI-STOREY KENMORE RESIDENCES RESIDENTIAL HOUSING KIRKDALE RESIDENCES RESIDENTIAL HOUSING THE HILLS RESIDENCES RESIDEN
Slide 12: Portfolio Completed or Under Construction
Portfolio Completed or Under Construction PORTFOLIO COMPLETED OR YIELD SETTLED LOTS UNSETTLED LOTS CONTRACTED LOTS UNSOLD LOTS UNDER CONSTRUCTION (#) ($M) (#) ($M) (#) ($M) (#) ($M) (#) ($M) M U LT I - S T O R E Y MARINA CONCOURSE, QLD 110 86 70 56 40 30 4 3 36 28 M A G N O L I A PA R T M E N T S, Q
Slide 13: Future Portfolio
Future Portfolio FUTURE PORTFOLIO YIELD SETTLED LOTS UNSETTLED LOTS CONTRACTED LOTS UNSOLD LOTS (#) (M) (#) (M) (#) (M) (#) (M) (#) (M) M U LT I -S T O R E Y G R A C E O N C O R O N AT I O N, Q L D 206 333 206 333 236 315 T H E L A K E S, Q L D 880 638 880 638 880 638 G R E E N M O U N T R E S I D E
Slide 14: Project Settlement Timeline
Project Settlement Timeline PORTFOLIO UNDER CONSTRUCTION F Y 21 F Y 22 F Y 23 F Y 24 & B E Y O N D M U LT I -S T O R E Y 27 2 H E D G E S AV E N U E , Q L D MARINA CONCOURSE, QLD M A G N O L I A PA R T M E N T S, Q L D T H E L A N E S R E S I D E N C E S, Q L D HOUSING A R B O U R R E S I D E N C E
Slide 15: Project Settlement Timeline
Project Settlement Timeline PORTFOLIO TO BE RELEASED F Y 21 F Y 22 F Y 23 F Y 24 & B E Y O N D M U LT I -S T O R E Y G R A C E O N C O R O N AT I O N, Q L D G R E E N M O U N T R E S I D E N C E S, Q L D THE LAKES - FUTURE MIDRISE, QLD HOUSING INGLESIDE - ELANORA, NSW K E N M O R E R E S I D E N C E
Slide 16: Sunland Group
Sunland Group