Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — FY2022 Earnings Presentation
29 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2023
Slide 1: Dubai Investments PJSC Investor Presentation FY 2022
Dubai Investments PJSC Financial Year end 31st December 2022 (“FY 2022”) Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – FY 2022 Financial Highlights Page 17 Operational Performance by Business Segment – FY 2022 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 26 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 20.5 billion with c. 15,500 shareholders A Glance at Dubai Investments Shareholders (December 2022) ESTABLISHMENT OWNERSHIP TYPE 11.5% Investment Corp. of Dubai 6.1% In 1995 as an on-shore Publicly lis
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has Mr. Khalid Bin Kalban has extensive experience in Manufacturing & Industrial
Slide 6: Diversified Portfolio of Assets Across Property, Manufacturing and Investments
Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets AED 20.5 BN 37% 7,656m As at 31st December 2022 Amounts in AED DUBAI INVESTMENTS 20% PARK DEV. COMPANY 4,113m 22% 4,525m 13.9 2.1 billion 4.4 TREASURY PORTFOLIO billion billion 10% 22% & OTHER 68% 300m DUBAI
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
Slide 8: 25+ Years of Building Businesses and Creating Shareholder Value
25+ Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through capital gains EEP(100%
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 160 1,200 0.22 0.20 140 1,000 0.17 120 12.4% 800 0.12 532 100 4.6% 0.12 0.12 0.12 0.12 0.10 0.10 80 600 0.08 510 510 0.07 60 486 486 400 425 425 40 340 3
Slide 10: Management Summary – FY 2022 Financial Highlights
Management Summary – FY 2022 Financial Highlights 10
Slide 11: FY 2022 – Financial Information
FY 2022 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION (AED’ 000) FY 2022 FY 2021 (AED’ 000) 31st Dec 2022 31st Dec 2021 12-month period ended 31st Dec Sales of goods and provision of services 1,446,379 1,629,713 Property, plant and equipment 1,693,639 3,690,304
Slide 12: FY 2022 – Financial Highlights: Well Capitalized and Profitable Company
FY 2022 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 4,255.1 1,403.1 1,608.6 0.38 12.5% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** S
Slide 13: Key Messages: FY 2022
Key Messages: FY 2022 ▪ The Group reported a total income of AED 4,255.1 million in FY 2022 as compared to AED 3,415.3 million for the same period in the prior year. This increase was largely on account of gain on disposal of controlling interest and fair value gain on retained investment in Emirate
Slide 14: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 701 1,725 211 1,085 983 218 845 847 330 768 771 761 786 672 638 201 208 207 239 236 236 228 198 234 239 237 267 465 211 212 213 195 209 170 198 220
Slide 15: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) 126.4 ( 123.0 ) ( 21.3 ) 8.1 980.4 4.6 58.5 16.1 ( 71.4 ) ( 183.3 ) 44.7 4,255.1 3,415.3 2021 Sale of goods and Rental income Contract revenue Sale of properties Gain on FV of Gain/loss on FV of Gain on sale of Share of profit / lo
Slide 16: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 5.5 5.8 5.7 5.7 5.0 4
Slide 17: Operational Performance by Business Segment – FY 2022
Operational Performance by Business Segment – FY 2022 17
Slide 18: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights ▪ The Group reported a total income of AED 1,509.5 million in FY 2022 Total Income (AED m) from this segment against AED 1,412.6 million reported during the prior 1,413 1,510 period. The increase was lar
Slide 19: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 1,627.0 million in FY 2022, Total Income (AED m) a decrease of AED 177.8 million as compared to the prior period,
Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ Total Income from Investments segment was AED 1,118.6 million in FY Total Income (AED m) 1,119 2022 as compared to AED 198.0 million in the prior period. This increase was
Slide 21: Management Strategy & Outlook
Management Strategy & Outlook 21
Slide 22: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams Profitability ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet ▪ Sale of al
Slide 23: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 23
Slide 24: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 62% LEASED RESIDENTIAL 98% 29% FY 2022 TOTAL COMMERCIAL INCOME 769 9% AED million Note: Figures are rounded to the nearest decimal 24
Slide 25: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 2006 FACILIT Y Key Projects (UAE & Global) ~45,000 Sqm. of Built-up Area PRODUCTION ~14.2Mn Dubai Airport T3 Abu Dhabi Airport Index Tower Al Ain Stadium Sqm. (FY22) (UAE) T3 (UAE) (UAE) (UAE) EXPORTS ~40 Countries Nanyang Lyo
Slide 26: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 26
Slide 27: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Group Chief Financial Officer Dubai Investments PJSC PO Box 28171 Dubai, UAE Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com www.dubaiinvestments.com Investor’s Relation Phone +971 4 8122 400 Email IR@dubaiinvestments.com www.dubaiinvestments.com 27
Slide 28: Key Events and Awards
Key Events and Awards Dubai Investments Al Mal Capital scoops Dubai Investments has divests 50% stake in the award for the best broken ground on Emicool to Actis at a regional asset flagship AED 1 billion corporate valuation of management firm for Danah Bay project on US $1bn HNWI’s Al Marjan Island
Slide 29: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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