45 slides from Melcor Developments's shareholder meeting presentation, Apr 26, 2017
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING April 26, 2017
Slide 2: Agenda
AGENDA • Formal Business ¨ Introduc)ons ¨ Call to Order ¨ Presenta)on of Financial Statements ¨ Fixing the Size of the Board ¨ Elec)on of Directors ¨ Appointment of Auditors • Management PresentaBons • Q&A
Slide 3: Your Board of Directors
YOUR BOARD OF DIRECTORS Gordon Clanachan Ross Grieve Andrew Melton Kathy Melton Timothy Melton Edmonton, AB Edmonton, AB Calgary, AB Calgary, AB Edmonton, AB Eric Newell Catherine Roozen Allan ScoQ Ralph Young Edmonton, AB Edmonton, AB Edmonton, AB Edmonton, AB
Slide 4: Your Executive Team
YOUR EXECUTIVE TEAM Darin Rayburn Naomi Stefura President & Chief Execu)ve Officer Chief Financial Officer Years with Melcor: 15 Years with Melcor: 8 Industry Experience: 25 Industry Experience: 10
Slide 5: Agenda
AGENDA • Formal Business ¨ Introduc)ons ¨ Call to Order ¨ Presenta)on of Financial Statements ¨ Fixing the Size of the Board ¨ Elec)on of Directors ¨ Appointment of Auditors • Management PresentaBons • Q&A
Slide 6: Director Nominees
DIRECTOR NOMINEES Gordon Clanachan Ross Grieve Andrew Melton Kathy Melton Timothy Melton Edmonton, AB Edmonton, AB Calgary, AB Calgary, AB Edmonton, AB Eric Newell Catherine Roozen Allan ScoQ Ralph Young Edmonton, AB Edmonton, AB Edmonton, AB Edmonton, AB
Slide 7: Agenda
AGENDA • Formal Business ¨ Introduc)ons ¨ Call to Order ¨ Presenta)on of Financial Statements ¨ Fixing the Size of the Board ¨ Elec)on of Directors ¨ Appointment of Auditors • Management PresentaBons • Q&A
Slide 8: Management Presentations
MANAGEMENT PRESENTATIONS • Financial Highlights Naomi Stefura – CFO • Strategic & OperaBons Highlights Darin Rayburn – President & CEO • Shareholder QuesBons
Slide 9: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presenta)on contains statements that are forward-looking. Forward-looking statements are disclosures regarding possible events, condi)ons, or results of opera)ons that are based on assump)ons about future economic condi)ons, courses of ac)on and include future-oriente
Slide 10: Slide 10
Slide 11: Margin
margin
Slide 12: Slide 12
Slide 13: Funds from operations
from opera)ons
Slide 14: Slide 14
Slide 15: Financial Strength
Financial FINANCIAL STRENGTHstrength ñ Investment Proper)es ò Agreements ò Receivable & Land G&A Tenant AR Inventory ò ñ Debt Divisional (Opera)ng Revenue Line)
Slide 16: Management Presentations
MANAGEMENT PRESENTATIONS • Financial Highlights Naomi Stefura – CFO • Strategic & OperaBons Highlights Darin Rayburn – President & CEO • Shareholder QuesBons
Slide 17: Single Family Lots Sold
single family LOTS SOLD
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Slide 19: Commercial Development
commercial development
Slide 20: Under Management
under management
Slide 21: Occupancy
ZA CCUPANY ee
Slide 22: played
116,700" Abt bWV) £ WIRY
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Slide 24: Diversification
DIVERSIFICATION
Slide 25: Revenue by Major Region
REVENUE BY MAJOR REGION MECCOR
Slide 26: erati:
Ah —— erati: % : uN ( 4 2
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Slide 28: Revenue by Division
REVENUE BY DIVISION MECCOR
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Slide 30: Opportunities
OPPORTUNITIES
Slide 31: Des lsASSevs
Des lsASSevs
Slide 32: Buying Opportunities
BUYING a Opportunities
Slide 33: Thriving through the cycles
• 2 SLIDES Thriving through the cycles – Raw land prices (down) AERIAL – Construc)on costs & servicing (down) COMMERCIAL CONSTRUCTION
Slide 34: Outlook: Stable
OUTLOOK: STABLE
Slide 35: WCS Oil Price
WCS OIL PRICE
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Slide 37: Slide 37
Slide 38: Slide 38
Slide 39: fae = |!
=, | fae = |! y as \
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Slide 41: Slide 41
Slide 42: Commercial steady
=Commercial _ “steady
Slide 43: Revenue Since 1968
1968 1970 1972 1974 1976 1978 1980 REVENUE 1982 SINCE 1968 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016
Slide 44: Questions & Answers
QUESTIONS & ANSWERS | |
Slide 45: Annual General Meeting
ANNUAL GENERAL MEETING April 26, 2017