Ezdan Holding Group · QSE:ERES
Ezdan — 9M 2019 Earnings Presentation
20 slides from Ezdan's earnings presentation, Sep 30, 2019
Slide 1: Ezdan Holding Group Q.P.S.C Investor Presentation
Ezdan Holding Group Q.P.S.C Investor Presentation 30-Sept-2019 “www.ezdanholding.qa” 1
Slide 2: Disclaimer
Disclaimer The information contained herein has been prepared . by Ezdan Holding Group Q.P.S.C (“Ezdan”). Ezdan relies on information obtained from sources believed to be reliable but does not guarantee its accuracy or completeness. This presentation has been prepared for information purposes only a
Slide 3: Part I Financial Performance Overview
Part I Financial Performance Overview 4 Part II Financial Position Overview 15 Part III Cash Flow Overview 19 30-Sept-2019 “www.ezdanholding.qa” 3
Slide 4: Condensed Consolidated Statement of Profit or Loss
Financial Performance Overview CONDENSED CONSOLIDATED STATEMENT OF PROFIT OR LOSS 30/09/2019 30/09/2018 Variance Variance For the nine months ended 30 September 2019 . QR"000 QR"000 QR"000 % Rental income 961,317 936,483 24,834 2.65% Other operating rev enues 76,462 90,667 (14,205) -15.67% Operating
Slide 5: Rental Revenue by Segment
Financial Performance Overview Rental Rev enue by Segment 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Residential and commercial properties 784,447 764,411 20,036 2.62% Hotel and Suites 126,071 112,027 14,044 12.54% Malls 50,799 60,045 (9,246) -15.40% 961,317 936,483 24,834 2.65
Slide 6: Other Operating Income by Segment
Financial Performance Overview Other Operating I ncome by Segment 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Residential and commercial properties 37,126 41,787 (4,661) -11.15% Hotel and Suites 25,071 31,336 (6,265) -19.99% Malls 14,265 17,544 (3,279) -18.69% 76,462 90,667 (14,
Slide 7: Operating Expenses by Segment
Financial Performance Overview Operating expenses by Segment 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Residential and commercial properties 107,878 136,961 (29,083) -21.23% Hotel and Suites 48,155 54,701 (6,546) -11.97% Malls 23,569 33,284 (9,715) -29.19% 179,602 224,946 (45,
Slide 8: Operating Expenses Details
Financial Performance Overview Operating expenses details 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Staff cost 37,402 57,392 (19,990) -34.83% Repairs and maintenance 33,193 43,270 (10,077) -23.29% Utilities 55,033 59,242 (4,209) -7.10% Cleaning expenses 8,396 11,209 (2,813) -2
Slide 9: Operating Profit by Segment
Financial Performance Overview Operating profit by Segment 30/09/2019 30/09/2018 Variance Variance . % Residential and commercial properties (QR"000) 713,695 669,237 44,458 6.64% Residential & commercial property (%) 86.9% 83.0% Hotel and Suites (QR"000) 102,987 88,662 14,325 16.16% Hotel & Suites (
Slide 10: Investment Income
Financial Performance Overview I nv estment I ncome 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Div idends income from equity inv estments 122,416 122,255 161 0.13% Net gain on sale of equity-accounted inv estees 58,185 - 58,185 100.00% Share from the results of equity accounted
Slide 11: General and Admin Expenses Details
Financial Performance Overview General and Admin expenses details 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Staff cost and board allow ances 24,555 102,551 (77,996) -76.06% Other expenses 5,146 12,907 (7,761) -60.13% Professional fees 6,148 8,684 (2,536) -29.20% Adv ertising c
Slide 12: Other Main Components of Income Statement
Financial Performance Overview Other Main Components of I ncome Statement 30/09/2019 30/09/2018 Variance Variance . QR"000 QR"000 QR"000 % Finance costs 545,784 644,657 (98,873) -15.34% Net Profit attributable to ow ner of the company 509,190 463,470 45,720 9.86% Net Profit before rev aluation gain
Slide 13: Main Income Statement Ratios
Financial Performance Overview Main I ncome Statement Ratios 30/09/2019 30/09/2018 Operating Expenses % . 17.3% 21.9% ( to rental Rev enue+other operating rev enue) Main operation Gross Profit Margin 82.7% 78.1% Gross Margin % 85.3% 80.4% Net Profit % 41.8% 40.1% EPS 0.019 0.017 30-Sept-2019 “www.ez
Slide 14: Part II Financial Position Overview
Part I Financial Performance Overview 4 Part II Financial Position Overview 15 Part III Cash Flow Overview 19 30-Sept-2019 “www.ezdanholding.qa” 14
Slide 15: Condensed Consolidated Statement of Financial Position
Financial Position Overview Condensed consolidated statement of financial position 30/09/2019 31/12/2018 Changes Changes As at 30 September 2019 QR"000 QR"000 QR"000 % . Cash and bank balances 115,073 23,562 91,511 388% Receiv ables and prepayments 145,501 167,130 (21,629) -13% I nv entory 27,231 28
Slide 16: Total Assets by Segment
Financial Position Overview Total Assets by Segment 30/09/2019 31/12/2018 Changes Changes . QR"000 QR"000 QR"000 % Residential and commercial properties 36,350,661 35,881,031 469,630 1% Hotel and Suites 5,649,322 5,722,220 (72,898) -1% Malls 3,232,902 3,305,792 (72,890) -2% I nv estment 3,034,597 4,
Slide 17: Main Ratios for Statement of Financial Position
Financial Position Overview Main Ratios for Statement of Financial Position 30/09/2019 31/12/2018 Return on Assets . 1.04% 0.93% Return on Equity 1.63% 1.50% I slamic borrow ings as % of Total Equity 49.3% 50.7% I nv estment properties as % of Total Assets 91.2% 88.3% I nv estments as % of Total Ass
Slide 18: Part III Cash Flow Overview
Part I Financial Performance Overview 4 Part II Financial Position Overview 15 Part III Cash Flow Overview 19 30-Sept-2019 “www.ezdanholding.qa” 18
Slide 19: Condensed Consolidated Statement of Cash Flows
Cash Flow Overview Condensed consolidated statement of cash flows 30/09/2019 30/09/2018 Variance Variance For the nine months ended 30 September 2019 . QR"000 QR"000 QR"000 % Net cash flow s from operating activ ities 1,043,549 623,542 420,007 67% Net cash flow s from (used in) inv esting activ itie
Slide 20: Thank You
Thank You For more information please visit http://www.ezdanholding.qa/EHDinvestors Or email us on ir@ezdanholding.qa 30-Sept-2019 “www.ezdanholding.qa” 20