Singapore Exchange Ltd. · SGX:S68

Singapore Exchange — Soilbuild Group Holdings — FY2009 Earnings Presentation

14 slides from Singapore Exchange's earnings presentation, Feb 10, 2010

  1. Slide 1: FY2009 Full Year Results Briefing

    FY2009 Full Year Results Briefing Mr Low Soon Sim Executive Director Soilbuild Group Holdings Ltd 10th February 2010 Overview Results Briefing FY2009 Review of FY2009 Results Earnings Outlook 2010 & Overview Business Updates Stepping Ahead Towards New Horizons 2

  2. Slide 2: Review of FY2009 Results: Another Profit Record Set In FY2009

    Review of FY2009 Results Another Profit Record Set In FY2009 Results Briefing FY2009 Excluding Revaluation Gains, Operating Profit Was 32% Higher S$’ Millions 4QFY09 4QFY08 %∆ FY09 FY08 %∆ Revenue 63.5 50.0 27 320.1 238.0 34 Gross Profit 30.9 18.6 66 116.4 90.7 28 Other Gains, Net 8.0 25.5 (69) 14.3

  3. Slide 3: Revenue Contributors; Gross Profit Trend

    Revenue Contributors Results Briefing FY2009 Business Space FY2009 Development $36.6m 11% Rental Income $14.8m Residential 5% Development Others $268.6m $0.1m 84% <1% FY2008 Residential Development Business $225.1m Space 95% Development Others $2.8m Rental $0.2m 1% Income <1% $9.9m 4% 5 Gross Profit

  4. Slide 4: Financial Indicators

    Financial Indicators Results Briefing FY2009 Net Gearing Down On Net Loan Repayment Of $90.4m FY09 FY08 Average ROE (%) 35.3 48.2 Average ROA (%) 11.4 13.5 Net Gearing (x) 0.9 1.9 Interest Cover (x) 11.8 11.2 (exclude revaluation gain) Net Assets ($m) 271.1 196.7 (exclude minority interests) 7 Earni

  5. Slide 5: Clear Earnings & Cashflow Visibility In 2010

    Clear Earnings & Cashflow Visibility In 2010 Results Briefing FY2009 A. Residential Property Sales B. Business Space Sales C. Rental Income From Business Space Leases 9 Clear Earnings & Cashflow Visibility In 2010 Results Briefing FY2009 Cumulative sales of 549 units valued at $418m (including optio

  6. Slide 6: Clear Earnings & Cashflow Visibility: Unbilled Sales

    Clear Earnings & Cashflow Visibility In 2010 Results Briefing FY2009 66% In Unbilled Sales (Excludes $39.4m To Be Collected From Completed Projects) Unbilled Sales – Unbilled Sales - Business Residential (48%) Space (18%) Sales Billed (34%) 11 Tapping On The Recovery Of Residential Property Sales Re

  7. Slide 7: Tapping On The Recovery Of Residential Property Sales

    Tapping On The Recovery Of Residential Property Sales Results Briefing FY2009 33 projects Projectscompleted CompletedinIn2009 2009 Projects completing 4 projects Completingbetween Between20102010 ‐ 2012 ‐ 2012 Residential Projects Residential Projects Completing in Completed in 2009 2010 to 2012 Esp

  8. Slide 8: Business Space Sales; Steady Growth In Rental Income

    Riding On Resilience Of Business Space Sales Results Briefing FY2009 1 Project Scheduled For Completion In 2010 2 Projects Completing In 2011 2010 2011 Tuas Lot Woodlands BizHub West Point Bizhub 15 Steady Growth In Rental Income Results Briefing FY2009 New Leases Signed In 2009: Full Year Impact In

  9. Slide 9: Dividend Policy Underpinned By Growth Of Rental Income

    Dividend Policy Underpinned By Growth Of Rental Income Results Briefing FY2009 50% Increase In Total Dividend Payout Dividend $’m Rental Income Financial Years Total Of Which Ordinary ($’m) 2009* 13.04 5.43 14.77 2008 8.70 4.35 9.90 2007 6.00 3.00 3.84 2006 4.00 1.50 0.85 2005 1.30 1.30 0.13 * Subje

  10. Slide 10: Towards New Horizons: Stepping Ahead

    Towards New Horizons: Stepping Ahead Results Briefing FY2009 1. Portfolio Of 5 Million Square Feet 2. On Track To Meet Medium Term Target Of $40 Million In Rental Income 3. Capital Management Strategy To Remain Prudent 4. Enhancing Market Liquidity 19 Portfolio Of 5 Million Square Feet Results Brief

  11. Slide 11: Portfolio Of 5 Million Square Feet

    Portfolio Of 5 Million Square Feet Results Briefing FY2009 Value Of Business Space Properties Held For Lease Poised For Further Growth 250 $’m 250 200 150 150 100 79 + + Goodvine West Park 50 21 Solaris BizCentral 0 FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 21 On Track To Meet Medium Term Target Of

  12. Slide 12: On Track To Meet Medium Term Target Of $40 Million In Rental Income

    On Track To Meet Medium Term Target Of $40 Million In Rental Income Results Briefing FY2009 Average Area (‘m sqft) Business Space Properties Held For Lease Completed 2010 2011 Total Business Park 0.18 0.43 ‐ 0.61 Integrated Terrace 1.16 0.08 1.16 2.40 Factories & Warehouses Total 1.34 0.51 1.16 3.01

  13. Slide 13: Capital Management Strategy To Remain Prudent

    Capital Management Strategy To Remain Prudent Results Briefing FY2009 1. Capital Allocation Remains Driven By Returns On Capital Invested 2. Lower Development Costs Enhances Viability Of Business Space Projects 3. Innovative And Capital Efficient Land Acquisition Strategies 4. Tapping Opportunities

  14. Slide 14: Enhancing Market Liquidity

    Enhancing Market Liquidity Results Briefing FY2009 1. Proposed 1‐for‐1 Share Split 2. Increase Number Of Shares To 435 Million 3. May Rise To 538 Millions Shares With Conversion Of Warrants (Ex‐Split) 27 Stepping Ahead Towards New Horizons Results Briefing FY2009 1. Group Remains Well‐positioned And

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