Amlak Finance Pjsc · DFM:AMLAK
Amlak Finance Pjsc — Investor Presentation (December 2015)
30 slides from Amlak Finance Pjsc's investor presentation, December 2015
Slide 1: Amlak Finance PJSC Investor Relations Annual Information Pack
AMLAK FINANCE PJSC Investor Relations Annual Information Pack December 2015 Contact Us: Investor Relations Unit, Amlak Finance PJSC, P O Box 2441, Dubai Web: http://www.amlakfinance.com/en/investor-relations.html Email: InvestorRelations@amlakfinance.com 1
Slide 2: Disclaimer
Disclaimer The information set out in this presentation is being made available to recipients for information purposes only. It does not constitute, nor is it intended to be an offer to sell, or an invitation to subscribe for, or purchase, any securities in the Company. Neither this presentation nor
Slide 3: Sections
Sections UAE & DUBAI ECONOMY REAL ESTATE MARKET MORTGAGE MARKET AMLAK AT A GLANCE FINANCIAL HIGHLIGHTS STRATEGY STOCK INFORMATION AWARDS 3
Slide 4: UAE & Dubai Economy
UAE & DUBAI ECONOMY 4
Slide 5: UAE & Dubai Economy - Overview
UAE & Dubai Economy - Overview The United Arab Emirates (UAE) continues to drive regional change with an economy that has remained relatively buoyant throughout the last couple years. The country boasts one of the most agile economies in the world and has witnessed strong growth. As a result, the UA
Slide 6: Key Economic Indicators - Overview
Key Economic Indicators - Overview 1 Brent OPEC Oil Basket Price in UAE (AED) Distribution of GDP Sectors (in %) – UAE & Dubai 450 40 UAE Dubai 400 35 34.6 350 383 397 30 353 300 25 28.4 As of % 250 20 200 221 15 17.8 219 15.8 15.5 193 15.2 150 10 165 11.7 11.3 11.1 10.3 100 9 124 8.7 5 8.3 2.3 50 0
Slide 7: Real Estate Market
REAL ESTATE MARKET 7
Slide 8: Real Estate Market - Overview
Real Estate Market - Overview The real estate market is an important and integral part of Dubai economy. The city is famous for its community living, commercial district and leisure projects. Major developers have retuned to the market in earnest over the last 3 years with many off plan launches, ma
Slide 9: Key Real Estate Indicators - Overview
Key Real Estate Indicators - Overview Number and Value of Real Estate Transactions Dubai Residential Sales and Rental Price Changes Number of Transactions Value of Transactions Residential Sales Residential Rent 12,000 45 42 40 1600 120 Rent - AED/SQF/YEAR 10,000 33 33 33 31 31 29 35 1400 100 Sales
Slide 10: Mortgage Market
MORTGAGE MARKET 10
Slide 11: Dubai Mortgage Market - Overview
Dubai Mortgage Market - Overview Historically, cash transactions have dominated residential acquisitions in the Dubai real estate market over the mortgage transactions for the last decade. This trend highlights that Dubai real estate market has been more investor- oriented than end-users. Mortgage p
Slide 12: Mortgage Transactions and Rental Yields
Mortgage Transactions and Rental Yields Number of Transactions Over the Years Rental Yields in Dubai Total Transactions Sales Transactions Mortgage Transactions Apartment Villa 12,000 9% 10,000 8% 7% 8,000 6% 6,000 5% 4% 4,000 3% 2,000 2% 1% 0 0% 2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2 2015
Slide 13: Amlak at a Glance
AMLAK AT A GLANCE 13
Slide 14: About Amlak
About Amlak Amlak Finance was established in 2000 as a leading specialized real estate financier under the regulation of UAE Central Bank. Amlak became a listed company in 2004 on the Dubai Financial Market (DFM) under the regulation of Securities and Commodities Authority (SCA) and UAE Central Bank
Slide 15: Vision & Mission Statements
Vision & Mission Statements Our Vision Our Mission “To provide niche financial solutions, customized “To be the specialized and customer centric real to fit our customers’ needs while maximizing estate financing institution in the UAE” shareholders’ value and nurturing our employees” Business Segmen
Slide 16: Organization Structure
Organization Structure Board Zakat Audit Committee Committee Managing Director & Chief Executive Officer Internal Audit Business (Financing and Strategy & Organization Legal, Compliance Finance & Investments Operations & IT Corporate Services RE investments) Development &Sharia Corporate Governance
Slide 17: Key Products and Services
Key Products and Services Amlak’s ‘Istithmari’ is the first-of-its-kind Buy-To-Let property finance (Ijarah) product Istithmari in the region, designed for investors looking to invest in completed residential and commercial properties. Customers are also provided with a complimentary full suite of
Slide 18: Recent Developments
Recent Developments Amlak completed its financial restructuring in 2014 which Completed Financial Restructuring allowed for the company to re-start business and trading in November 2014 activity and relist its shares on the DFM. Amlak shares were re-admitted to Dubai Financial Market Resumed Sha
Slide 19: Financial Highlights
FINANCIAL HIGHLIGHTS 19
Slide 20: Group Performance Analysis
Group Performance Analysis AED in Million YTD Dec YTD Dec 2015 2014 Description 2015 2014 Q4 2015 Q3 2015 Q2 2015 Q1 2015 Q4 2014 Q3 2014 Q2 2014 Q1 2014 Income from financing and Investing assets 297 377 75 74 67 81 90 91 95 101 Rental Income 46 34 13 12 10 11 10 10 7 7 Share of results of associat
Slide 21: Group Performance – Quarterly Trends
Group Performance – Quarterly Trends AED in Million Income from financing and Investing assets Total Income 120 140 131 122 123 101 116 113 100 95 91 90 120 109 108 105 81 74 75 100 80 67 80 60 60 40 40 20 20 0 0 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015 Q4 2015 Q1 2014 Q2 2014 Q3 2014
Slide 22: Group Balance Sheet Analysis
Group Balance Sheet Analysis AED in Million 2015 2014 Description 31-Dec-15 30-Sep-15 31-Dec 30-Sep 30-Jun 31-Mar 31-Dec 30-Sep 30-Jun 31-Mar Cash and balances with banks 606 405 606 405 1,184 345 498 1,037 1,817 1,668 Islamic financing and investing assets 3,460 3, 697 3,460 3,697 3,667 4,436 4,265
Slide 23: Group Balance Sheet – Quarterly Trends
Group Balance Sheet – Quarterly Trends AED in Million Islamic financing and investing assets Real Estate Assets Corporate Investments 4,409 4,383 7,000 308 4,145 310 5,935 5,602 5,000 6,000 4,000 305 2,411 2,243 2,228 4,625 2,165 2,155 4,436 4,265 3,000 300 298 298 5,000 295 3,697 3,667 2,000 3,460
Slide 24: Strategy
STRATEGY 24
Slide 25: Amlak’s Strategic Direction
Amlak’s Strategic Direction Amlak pursues a strategy of sustainable growth, customer centricity and 2016 + operational excellence, underpinned by prudence and corporate governance and responsibility: As a specialized real estate finance provider in the region, sustainable growth has been placed at
Slide 26: 2016 Priorities
2016 Priorities Innovation in Product Achieve & Services Longer Term Strategic Sustainable Funding Superior Customer Service Delivery Objectives for Balance Sheet Growth Profitability Robust Risk Growth Management Cost Optimization for Enhanced Profitability Emiratization / Talent Management Create
Slide 27: Stock Information
STOCK INFORMATION 27
Slide 28: Company Stock Information
Company Stock Information Other Other Nationals Institutions 14.69% GCC Nationals 12.17% 5.89% Emaar Properties PJSC 45.00% Individuals 42.83% UAE Nationals 79.43% Amlak’s shares were re-admitted to Dubai Financial markets in June 2015 after more than 6 year of financial restructuring. The share pri
Slide 29: Awards
AWARDS 29
Slide 30: Awards - 2015
EUROMONEY INNOVATIONS IN ISLAMIC FINANCE SHARIA ISLAMIC COMPLIANT FINANCE IPA DUBAI CHAMBER 5 SFINANCE COMPANY COMPANY CSR LABEL nn THE FINANCE MONTHLY: ——FINANCEMONTHLY®) oe CFO AWARDS: AWARDS 2015 30
Amlak Finance PJSC — Investor Presentation (December 2015) on 6ix