Dubai Investment (p.j.s.c) · DFM:DIC

Dubai Investment (p.j.s.c) — Dubai Investments PJSC — FY2023 Earnings Presentation

30 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2024

  1. Slide 1: Dubai Investments PJSC Investor Presentation FY 2023

    Dubai Investments PJSC Investor Presentation for the Financial Year end 31st December 2023 (“FY 2023”) 1

  2. Slide 2: Content

    CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – FY 2023 Financial Highlights Page 17 Operational Performance by Business Segment – FY 2023 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 27 Investor Relations Contacts and Awards Page

  3. Slide 3: Dubai Investments Overview

    Dubai Investments Overview 3

  4. Slide 4: A Diversified Investment Company Listed on DFM

    A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 21.4 billion with c. 15,500 shareholders A Glance at Dubai Investments Shareholders (December 2023) ESTABLISHMENT 11.5% Investment Corp. of Dubai OWNERSHIP TYPE 6.1% In 1995 as an on-shore Publicly lis

  5. 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 held senior Mr. Khalid Bin Kalban has extensive experience in Manufacturing &

  6. Slide 6: Diversified Portfolio of Assets Across Property, Manufacturing and Investments

    Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets 37% 7,886m AED 21.4 BN As at 31st December 2023 DUBAI INVESTMENTS Amounts in AED PARK DEV. COMPANY 20% 23% 4,890m DUBAI INVESTMENTS REAL ESTATE COMPANY 14.8 1.9 billion 4.7 4,323m TREASURY PORTFOLIO billion b

  7. Slide 7: Dubai Investments – A Diversified Portfolio of Investments

    Dubai Investments – A Diversified Portfolio of Investments 7

  8. 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 Al Mal C

  9. 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) 250 1,200 0.220 0.200 200 1,000 77.9% 0.170 0.120 850 150 46.6% 800 0.120 0.120 0.120 0.125 0.120 0.100 0.100 0.080 600 100 532 510 510 0.070 486 486 425

  10. Slide 10: Management Summary – FY 2023 Financial Highlights

    Management Summary – FY 2023 Financial Highlights 10

  11. Slide 11: FY 2023 – Financial Information

    FY 2023 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION (AED’ 000) FY 2023 FY 2022 (AED’ 000) 31st Dec 2023 31st Dec 2022 12-month period ended 31st Dec Property, plant and equipment 1,486,999 1,693,639 Sales of goods and provision of services 1,147,824 1,446,379

  12. Slide 12: FY 2023 – Financial Highlights: Well Capitalized and Profitable Company

    FY 2023 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 4,105.9 1,058.9 1,130.9 0.27 8.4% AED million AED million AED million AED per share TOTAL ASSETS CASH/CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS & SHAR

  13. Slide 13: Key Messages: FY 2023

    Key Messages: FY 2023  The Group reported a total income of AED 4,105.9 million in FY 2023 as compared to AED 4,255.1 million during the same period in the prior year. It should be noted that the total income for FY 2023 is higher by AED 831.2 million if adjusted for the one-off gain of AED 980.4 m

  14. Slide 14: 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) 701 1,725 211 1,085 1,107 983 1,019 1,013 968 218 845 847 761 786 253 283 305 275 638 225 239 267 198 234 239 170 237 239 253 201 208 209 207 188 19

  15. Slide 15: Total Income Movement Year-on-Year

    Total Income Movement Year-on-Year Total Income Bridge (AED Million) 30.7 8.5 129.9 13.2 520.9 (980.4) (11.5) 1.1 389.9 103.1 (56.0) (298.6) 4,255.1 4,105.9 2022 Sale of goods and Rental income Contract revenue Sale of properties Gain on FV of Gain/loss on FV of Gain on sale of Share of profit / los

  16. Slide 16: 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) 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 21.0 20.9 21.1 21.4 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 21.0 20.9 21.1 21.4 5.0 4.9 4.9 5.5 4.4 4

  17. Slide 17: Operational Performance by Business Segment – FY 2023

    Operational Performance by Business Segment – FY 2023 17

  18. Slide 18: Property Segment – Development of Real Estate for Sale and Leasing

    Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights  The Group reported a total income of AED 2,590.6 million in FY 2023 Total Income (AED m) from this segment against AED 1,509.5 million reported during the 2,591 prior period. The increase was largely o

  19. Slide 19: 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 1,230.3 million in FY Total Income (AED m) 2023, a decrease of AED 396.6 million as compared to the prior 1,805 1

  20. Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments

    Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights  Total Income from Investments segment was AED 285.0 million in FY Total Income (AED m) 1,119 2023 as compared to AED 1,118.6 million in the prior period. This decrease in t

  21. Slide 21: Management Strategy & Outlook

    Management Strategy & Outlook 21

  22. Slide 22: 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 Profitability  Focus on monetizing real estate investment portfolio to deleverage the balance sheet  Acquire su

  23. Slide 23: Portfolio Information – Flagship Assets

    Portfolio Information – Flagship Assets 23

  24. Slide 24: Dubai Investment Park - A "City within a City"

    Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17.8 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,200 63% LEASED RESIDENTIAL 99% 28% FY 2023 RENTAL COMMERCIAL INCOME 838 9% AED million Note: Figures are rounded to the nearest decimal 24

  25. Slide 25: Glass LLC – The Glass Pioneer in the Middle East

    Glass LLC – The Glass Pioneer in the Middle East Subsidiaries ESTABLISHED 2006 Key Projects (UAE & Global) FACILIT Y ~45,000 Sqm. of Built-up Area PRODUCTION ~13.7M Lusail Marina Mix 12 The Emirates Towers Heydar Aliyev Cultural Centre Bahrain World Trade Center n Sqm. (FY 23) (Qatar) (UAE) (Azerbai

  26. Slide 26: Danah Bay – "Pearl by the Bay"

    Danah Bay – “Pearl by the Bay” TOTAL PROJECT AREA 90,000SQM BEACHES 40,000 SQM HOTEL 4-STAR UPPER SCALE LUXURY TOWNHOUSES & VILLAS 26

  27. Slide 27: Investor Relations Contacts and Awards

    Investor Relations Contacts and Awards 27

  28. Slide 28: Investor Relations Contact

    Investor Relations Contact Mushtaq Masood Group Chief Financial Officer Dubai Investments PJSC PO Box 28171 Dubai, UAE Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com www.dubaiinvestments.com Mohammed Al Shamsi Investor Relations Manager Phone +971 4 8122 400 Email mohammed.alshamsi@dubaiin

  29. Slide 29: Key Events and Awards

    Key Events and Awards DIC successfully EFG became the only float Al Mal Capital PSC launched and fully sold glass manufacturing announced outstanding first-ever Breakwater company in the UAE to performance and dividend villas and exclusive receive the prestigious distribution for unitholders Landsid

  30. Slide 30: 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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