Vista Land & Lifescapes, Inc. · PSE:VLL
Vista Land & Lifescapes — Q1 2020 Earnings Presentation
11 slides from Vista Land & Lifescapes's earnings presentation, 2020
Slide 1: Q1 Analysts' Briefing
Analysts’ Briefing /ISTA LAND Life made beautiful
Slide 2: Income Statement
INCOME STATEMENT IN PHP MILLIONS 1Q2020 1Q2019 % Change Total Revenues 10,265 10,591 -3.1% Real Estate 7,200 8,074 -10.8% Leasing 2,390 1,775 34.6% Interest Income 517 530 -2.5% Gross Profit (Residential) 3,457 4,235 -18.4% Gross Margin 48.01% 52.45% Operating Expenses 2,693 2,871 -6.2% EBITDA (Cons
Slide 3: Residential segment
Residential segment SALES -22% REVENUES -11% (In Php M) 15,493 1Q20 9M19 7,200 9M18 9M19 19,964 1Q19 9M18 8,074
Slide 4: Real Estate Contribution
REAL ESTATE CONTRIBUTION 1Q 2020 1Q 2019 VISTA RESIDENCES VISTA RESIDENCES 15.8% CAMELLA CROWN ASIA 7.5% CAMELLA 22.3% 2.8% 25.4% BRITTANY CROWN ASIA 1.2% 3.9% BRITTANY 0.2% COMMUNITIES PHILIPPINES 63.1% COMMUNITIES PHILIPPINES 57.8% : 80% and 88% of total for 1Q20 and 1Q19, respectively
Slide 5: Financial Condition
FINANCIAL CONDITION IN PHP MILLIONS 1Q2020 FY2019 % Change Cash and Investments 42,495 47,948 -11.4% Total receivables 61,265 57,834 5.9% Real Estate Inventories 42,496 41,401 2.6% Investment Properties 102,741 101,435 1.3% Total Assets 274,335 272,539 0.7% Interest Bearing Loans 140,045 140,365 -0.
Slide 6: Gearing Ratio
GEARING RATIO IN PHP MILLIONS 1Q2020 FY2019 % Change Total Interest Bearing Debt* 140,045 140,365 -0.2% Cash and Investments 42,495 47,948 -11.4% Net Debt 97,550 92,417 5.6% Equity 102,389 99,953 2.4% Debt to Equity 1.37 1.40 - Net Debt to Equity 0.95 0.92 - *excludes receivables sold (with recourse
Slide 7: Project Launches
PROJECT LAUNCHES Launched 2 projects outside We are already present in Metro Manila with an estimated total 49 provinces; 147 cities & municipalities. value of about ₱1.8B
Slide 8: Land Bank
LAND BANK TOTAL LAND AREA* (in HAs) % age Owned 2,616.8 89% Share in Joint Ventures 331.2 11% TOTAL 2,948.0 100% LAND BANK LOCATION (in HAs) 42% *Mega Manila – Metro Provincial Manila and the neighbouring provinces of Cavite, Laguna, Rizal, 58% Batangas and Bulacan Mega Manila*
Slide 9: Capital Expenditure
CAPITAL EXPENDITURE 2020 Capital Expenditure PER ACTIVITY 2020E 1Q20A budget of about CONSTRUCTION 16.67 4.37 ₱25 billion Construction LAND DEVELOPMENT LAND ACQUISITION 5.83 2.50 1.55 0.57 TOTAL (bn) 25.00 6.49 Spent ₱6.5B for the 1Q2020
Slide 10: Recent developments
Recent developments Developments from Covid-19 Implications VLL’s response Enhanced Community Quarantine Lower progress of construction Restrictions in place from March 16, Temporary suspension of construction 2020 to May 31, 2020 activities impacted Real Estate sales recognised for Q1 2020 Mark
Slide 11: Thank you!
Q1 20 Thank you! 20 Except for historical financial and operating data and other information in respect of historical matters, the statements contained herein are “forward- looking statements”. Any such forward-looking statement is not a guarantee of future performance and involves a number of known
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