Ytl Hospitality Reit · MYX:YTLREIT
Ytl Hospitality Reit — Q1 FY2015 Earnings Presentation
21 slides from Ytl Hospitality Reit's earnings presentation, Nov 20, 2014
Slide 1: YTL Hospitality REIT – A leading Asia Pacific hospitality REIT
YTL Hospitality REIT – A leading Asia Pacific hospitality REIT First Quarter 2015 Financial Results 20 November 2014
Slide 2: Key Highlights – 1Q FY2015 Results
Key Highlights – 1Q FY2015 Results Revenue is marginally lower at RM102.3 million as compared to RM102.6million recorded in 1Q FY2014 Net Property Income (“NPI”) is marginally lower at RM 47.5 million as compared to RM 48.3 million recorded in 1Q FY2014 1.92 sen distribution per unit (“DPU”) d
Slide 3: Financial Snapshot
Financial Snapshot 1Q FY2015* 1Q FY2014* % change YTD FY2015* YTD FY2014* % change (RM'000) Revenue 102,303 102,581 (0.3%) 102,303 102,581 (0.3%) Net property income 47,472 48,274 (1.7%) 47,472 48,274 (1.7%) Income available for distribution 26,369 28,217 (6.5%) 26,369 28,217 (6.5%) Income distribut
Slide 4: Financial results Income statement
Financial results Income statement Fiscal year ended 30 June 1Q FY2015* 1Q FY2014* YTD FY2015* YTD FY2014* (RM'000) Hotel revenue 73,941 74,171 73,941 74,171 Property revenue 28,362 28,410 28,362 28,410 Total revenue 102,303 102,581 102,303 102,581 Property operating expenses (54,831) (54,307) (54,8
Slide 5: Financial results Balance sheet
Financial results Balance sheet As at 30.09.2014* As at 30.06.2014 (RM'000) Current assets 155,277 168,045 Non-current assets 3,053,294 3,157,589 Total assets 3,208,571 3,325,634 Current liabilities 71,718 77,197 Non-current liabilities 1,577,259 1,578,771 Total liabilities 1,648,977 1,655,968 Net A
Slide 6: Portfolio performance by country
Portfolio performance by country 1Q FY2015 versus 1Q FY2014 Revenue (RM'000) Net property income (RM'000) 1Q FY2015 1Q FY2014 % change 1Q FY2015 1Q FY2014 % change Australia 73,941 74,171 (0.3%) 21,155 21,783 (2.9%) Malaysia 24,508 24,488 + 0.1% 23,125 23,277 (0.7%) Japan 3,854 3,922 (1.7%) 3,192 3,
Slide 7: Revenue breakdown by country
Revenue breakdown by country Revenue (RM’000) 114,678 107,365 106,993 102,581 100,490 102,303 99,796 Note: The variation of the revenue from Australia portfolio is due to seasonal factors 6
Slide 8: NPI breakdown by country
NPI breakdown by country NPI (RM’000) 56,524 52,930 50,139 48,274 47,472 45,155 45,139 7
Slide 9: Debt profile
Debt profile Gearing details As at 30 September 2014 (RM'000) (1) Total debt 1,581,800 Total assets 3,208,571 Gearing 49.3% (2) Interest cover 2.4x (3) Average interest rate p.a. 4.70% Maturity date of secured loan 23-Nov-17 * Unaudited (1) The debt matures in FY 2017 (2) Calculated as 1Q FY2015 NPI
Slide 10: Details of Australia portfolio performance - 1Q FY2014 vs 1Q FY2015
Details of Australia portfolio performance - 1Q FY2014 vs 1Q FY2015 Average Daily Rate (A$) Occupancy rate (%) RevPar (A$) 0% 0.1 pp(1) 0% (1) Change in percentage points 9
Slide 11: Distribution performance
Distribution performance Distribution per unit (sen) (1) YTL Hospitality REIT started paying quarterly distributions commencing the financial year ended 30 June 2014 (1) Includes one-off gain on sale of Convertible Preferred Units issued by Starhill Global Real Estate Investment Trust amounting to R
Slide 12: Distribution time table
Distribution time table Distribution period 1 July to 30 September 2014 Distribution per unit 1.92 sen Distribution timetable Ex-date 3 December 2014 Entitlement Date 5 December 2014 Payment Date 24 December 2014 11
Slide 13: Appendix
Appendix
Slide 14: YTL Hospitality REIT overview
YTL Hospitality REIT overview A unique investment opportunity providing exposure to high quality Asia Pacific hospitality assets 9 luxury hotels, 3 upscale hotels and 1 serviced residence YTL Hospitality REIT overview No. of rooms / Market Asset value NPI breakdown(2) Countries units capitalisation(
Slide 15: Portfolio valuation
Portfolio valuation 3,706 rooms and units located across 3 countries Portfolio overview # of rooms / units Appraised value (RM'000) % of total appraised value JW Marriott Hotel Kuala Lumpur* 561 383,000 12.5% The Residences at The Ritz-Carlton, Kuala Lumpur* 114 239,000 7.8% The Ritz-Carlton, Kuala
Slide 16: A portfolio of upscale and luxury hotels and serviced residences
A portfolio of upscale and luxury hotels and serviced residences 3,706 rooms located across 3 countries Focused on city and destination hotels and resorts managed by best-in-class operators and affiliated with quality global brands Japan Asset breakdown by country(1) Hilton Niseko Village Malaysia
Slide 17: Luxury hotels and residences Malaysia
Luxury hotels and residences Malaysia The Residences at The Ritz-Carlton, Kuala JW Marriott Hotel Kuala Lumpur The Ritz-Carlton, Kuala Lumpur Lumpur 168, Jalan Imbi and Jalan Yap Tai Chi, 55100 Lot 1308, Jalan Yap Tai Chi, Seksyen 67 Off Address 183, Jalan Bukit Bintang, 55100 Kuala Lumpur Kuala Lum
Slide 18: Luxury hotels Malaysia and Japan
Luxury hotels Malaysia and Japan Pangkor Laut Resort Tanjong Jara Resort Cameron Highlands Resort Hilton Niseko Village Pangkor Laut, 32200 Lumut, Perak Darul Batu 8, Off Jalan Dungun, 23000 Dungun, By the Golf Course, 39000 Tanah Rata, Higashiyama-Onsen, Niseko-town, Abuta-gun, Address Ridzuan Tere
Slide 19: Upscale hotels Malaysia
Upscale hotels Malaysia Vistana Kuala Lumpur Titiwangsa Vistana Penang Bukit Jambul Vistana Kuantan City Centre No.9, Jalan Lumut, off Jalan Ipoh, 50400 Kuala No. 213, Jalan Bukit Gambir, Bukit Jambul, Address Jalan Teluk Sisek, 25000 Kuantan, Pahang Lumpur 11950 Pulau Pinang Located within the hub
Slide 20: Luxury hotels Australia
Luxury hotels Australia Sydney Harbour Marriott Brisbane Marriott Melbourne Marriott Corner Exhibition and Lonsdale Street, Address 30 Pitt Street, Sydney, New South Wales 515 Queen Street, Brisbane, Queensland Melbourne, Victoria Located on Pitt Street in the heart of the Sydney Located on the nort
Slide 21: PINTAR PROJEK SDN BHD
PINTAR PROJEK SDN BHD 314009-W Manager of YTL Hospitality REIT 11th Floor Yeoh Tiong Lay Plaza 55 Jalan Bukit Bintang 55100 Kuala Lumpur Malaysia Tel: 603 2117 0088 603 2142 6633 Fax: 603 2141 2703 Email: ir@ytlhospitalityreit.com www.ytlhospitalityreit.com
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