Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — Q1 2022 Earnings Presentation
29 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2022
Slide 1: Dubai Investments PJSC Q1 2022 Investor Presentation
Dubai Investments PJSC Q1 2022 Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – Q1 2022 Financial Highlights Page 16 Operational Performance by Business Segment – Q1 2022 Page 20 Management Strategy & Outlook Page 22 Portfolio Information – Flagship Assets Page 26 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 21.9 billion with c. 16,000 shareholders A Glance at Dubai Investments Shareholders (March 2022) ESTABLISHMENT OWNERSHIP TYPE 11.5% Investment Corporation of Dubai 6.1% In 1995 as an on-shore Publicly
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has Mr. Khalid Bin Kalban has extensive experience in Manufacturing & Industrial
Slide 6: Diversified Portfolio of Assets Across Real Estate, Manufacturing and Investments
Diversified Portfolio of Assets Across Real Estate, Manufacturing and Investments Total Assets AED 21.9 BN 36% 7,855m As at 31st March 2022 Amounts in AED DUBAI INVESTMENTS 11% PARK DEV. COMPANY 2,460m 21% 4,611m 14.1 5.1 2.8 TREASURY PORTFOLIO billion billion billion 13% & OTHER 23% 64% 295m DUBAI
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
Slide 8: 25+ Years of Building Businesses and Creating Shareholder Value
25+ Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through capital gains EEP(100%
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 180 750 0.14 57.8% 160 0.12 0.12 0.12 0.12 0.12 600 140 0.10 0.10 510 510 0.10 486 486 0.08 120 35.4% 450 425 425 0.08 100 340 80 0.06 300 60 0.04 40 150
Slide 10: Management Summary – Q1 2022 Financial Highlights
Management Summary – Q1 2022 Financial Highlights 10
Slide 11: Key Messages: Q1 2022
Key Messages: Q1 2022 ▪ The Group recorded a strong growth in total income at AED 761.0 million for the 3-month period ending 31st March 2022 as compared to AED 637.6 million for the same period in the prior year. The increase of AED 123.4 million was a result of enhanced performance shown by the Gr
Slide 12: Q1 2022 – Financial Highlights: Well Capitalized and Profitable Company
Q1 2022 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 761.0 236.7 202.5 0.05 6.6% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** SHAREHOL
Slide 13: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 330 1,085 218 845 847 236 236 228 234 239 237 768 771 761 198 672 638 201 208 170 212 213 209 465 211 195 220 244 461 556 557 443 868 644 639 552 Q1
Slide 14: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) ( 7.4 ) 1.9 13.4 1.4 43.6 14.3 ( 5.1 ) 61.5 761.0 637.6 Q1 2021 Sale of goods Rental income Contract revenue Sale of properties Gain on FV of Gain on sale of Dividend income Share of profit from Q1 2022 investments investments equi
Slide 15: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 5.5 5.8 5.7 5.7 5.0 4.9 4.9 5.5 4.4 7.0 7.2 7.3 7.5
Slide 16: Operational Performance by Business Segment – Q1 2022
Operational Performance by Business Segment – Q1 2022 16
Slide 17: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights Total Income (AED m) ▪ Total income from the property segment was AED 280.9 million in Q1 281 2022. Increase of AED 56.5 million from the prior period was largely on 251 224 account of increase in sale o
Slide 18: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 438.3 million in Q1 2022, Total Income (AED m) an increase of AED 58.3 million as compared to the same period in
Slide 19: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ The segment reported higher total income of AED 41.9 million in Q1 Total Income (AED m) 33 42 2022 compared to AED 33.3 million during the same period in the prior year. Th
Slide 20: Management Strategy & Outlook
Management Strategy & Outlook 20
Slide 21: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet Profitability ▪ Sale of al
Slide 22: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 22
Slide 23: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 60% LEASED RESIDENTIAL 98% 32% Q1 2022 RENTAL COMMERCIAL INCOME 189 8% AED million Note: Figures are rounded to the nearest decimal 23
Slide 24: Emicool – The Leading District Cooling Provider
Emicool – The Leading District Cooling Provider Mirdif ESTABLISHED Dubai Culture Village Jumeirah Bay 2003 Al Warqa’a Rose Bay CUSTOMERS ~22,000 Dubai Motor City EMPLOYEES Dubai Sports City ~250 Dubai Investment Park ZONES DWTC ~10 Zones Note: Figures are rounded to the nearest decimal One additiona
Slide 25: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 1998 FACILIT Y Key Projects (UAE & Global) ~60,000 Sqm. PRODUCTION ~1.4 Mn Dubai Airport T3 Fairmont Hotel Index Tower Al Ain Stadium Sqm .Annually (UAE) (UAE) (UAE) (UAE) EXPORTS ~20 Countries Nanyang Lyons Langham Palace Nov
Slide 26: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 26
Slide 27: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Maher Rabah Group Chief Financial Officer Investor Relations Dubai Investments PJSC Dubai Investments PJSC PO Box 28171 PO Box 28171 Dubai, UAE Dubai, UAE Phone +971 4 8122 400 Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com Email maher@dubaiinvestm
Slide 28: Key Events and Awards
Key Events and Awards Dubai Investments Emicool enters R&D Dubai Investments marks divests 50% stake in collaboration with 25 years in glass business Emicool to Actis at a Siemens with Emirates Glass corporate valuation of US $1bn Dubai Investments Emirates Glass expands Dubai Investments Park susta
Slide 29: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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