Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (May 2023)
29 slides from Pt Summarecon Agung Tbk's investor presentation, May 2023
Slide 1: PT Summarecon Agung Tbk Company Presentation May 2023
ey PT SUMMARECON AGUNG Tbk A Company Presentation May 2023 v} j q =n a Content A. Company Profile F. Financials + Corporate Information, Shareholders + Consolidated + Management Team + Revenues by Business Segment + Principal Business Activities + EBITDA by Business Segment + Project Locations + EBI
Slide 2: Corporate Information
want summarecon Wonderful Lite « Wondertul World A. Company Profile CORPORATE INFORMATION CORPORATE INFORMATION Incorporated : 26/Nov/1975 Listing Date : 7/May/1990 Ticker : SMRA:1J Share Value (Nominal) : Rp 100 /Share Total Shares Issued : 16,508,568,358 Share Price @ 30/Apr/2023 : Rp 560 /Share N
Slide 3: Management Team and Principal Business Activities
MANAGEMENT TEAM (Boards of Commissioners & Directors) Seated (L-R) : Nanik Widjaja (D-Corporate Services), Adrianto P. Adhi (President Director), Liliawati Rahardjo (Managing Director), Soetjipto Nagaria (President Commissioner), Ge Lilies Yamin (C-Independent), Lydia Tjio (D-Finance) Standing (L-R)
Slide 4: Project Locations (Townships)
PROJECT LOCATIONS (TOWNSHIPS) All projects are in high density locations with upper-strata economic wealth a New Guinea Banda Islands Metropolitan Jakarta (JABODETABEK) Location / (Population Ranking based on 2020 Census of 100 cities) 1. Kelapa Gading, North Jakarta 2. Serpong, South Tangerang, Ban
Slide 5: Property Development: Marketing Sales by Location & Product Type
summarecon Wonderful Lite « Wondertul World B. Property Development Property Development : Marketing Sales by Location & by Product Type Marketing Sales by Location SALES 6,000 — == ~ a FOCATION Actual | Target YoY 22% -20% 59% -6% Rp'bn —Rp'bn—Rp'bn.—Rp'bn_—Rp'bn_—Rp’bn_—_Rp'bn = Greater Jakarta "
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range 6,000 5,000 + 2018A 29198 4,000 3,000 = @ 2,000 1,000 20208 2021A Customer Payment Profile 2 2018A 20198 20200 20210 90% 2022A 2023A PRODUCT PRICE |_2018A Actual Actual Rp'bn—Rp’bn_—Rp'bn_—_—
Slide 7: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) proiees|ieronder name pens 1st Launch | Completion — — pe soe Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,474 (1,363) 111 453 (419) 34) 3,254 92% Kensington Royal Suites [D] Apartment Apr-15 Apr-
Slide 8: Summarecon Serpong
Property Development : Summarecon Serpong (in Greater Jakarta) O D Oo OME ONGO PRO o od pe Date Date ota old Ba Total Sold Bal aus Rp'bn Rp'bn Rp'bn Rp'mn The Springs Flamingo [Ext] House Aug-17 Aug-19 770 (638) 132 256 (212) 44 3,008 83% Rainbow Springs Apartment Aug-19 Feb-22 1,229 (1,214) 15 740
Slide 9: Summarecon Bekasi
Property Development : Summarecon Bekasi (in Greater Jakarta) O ) O OME ONGO PRO Prod 2 ompletio No. of Units asP | | % sold ° i pe Date Date ota old Ba Total __ Sold Bal a Rp'bn Rp'bn Rp'bn Rp'mn SpringLake [D] Apartment Jul-14 Jul-18 380 (374) 6 778 (765) 13 488 98% SpringLake View [E] Apartment A
Slide 10: Summarecon Bandung
Property Development : Summarecon Bandung (in West Java) Gevie: | Gaerne Product 1st Launch | Completion No. of Units % sold Type Date Date Total Sold (Value) Rp'bn Rp'bn Rp'bn Rp'mn Emily House Nov-19 May-22 608 (586) 22 140 (135) 5 4,343 96%| Flora House Sep-20 Mar-23 737 (712) 25 408 (394) 14 1,8
Slide 11: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) Product 1st Launch | Completion | Development Value Ne Uni ASP | % sold Project | Product Name Type Date Date Total Sold Bal Total Ss Unit | (Value) Rp'bn Rp'bn Rp'bn Rp'mn Mahogany House O
Slide 12: Investment Property: Shopping Malls
summarecon Wonderful Life - Wondertul World C. Investment Property D. Hospitality Business E. Leisure, Education & Others gq INVESTMENT PROPERTY : Shopping Malls At present, Summarecon owns and operates 3 shopping malls with total GFA of more than 300,000 m2, generating significant recurring revenue
Slide 13: Investment Property: Shopping Malls
INVESTMENT PROPERTY : Shopping Malls SHOPPING MALL | Average Rent | Service Charge | 0 of Ma Visitor Traffic Occupancy eu Glue m2 / Month m2/ Month | Revenues Pax / Year |Summarecon Mall Kelapa Gading 150,000 m? 112,000 m2? 93% Rp 340,000 Rp 159,000 50% ~ 600+ FY-2022* 21.0Mn FY-2021* 12.0Mn |Summar
Slide 14: Leisure, Education & Others
¢ LEISURE, EDUCATION & OTHERS Sports Club Klub Kelapa Gading Pradita University Education center that focuses on the field of property & hospitality Largest sports club in Jakarta with various facilities for field sports | The Springs Club Sekolah Islam Al Azhar Recreation center with sports and ban
Slide 15: Financials: Consolidated
FINANCIALS : Consolidated CONSOLIDATED FINANCIAL YEAR ENDE! Last 2 Yrs INCOME STATEMENTS ee Eee REVENUE 5,661 5,942 5,030 5,568 5,719 3% 1,470 1,499 2% GROSS PROFIT 2,953 3,047 2,502 2,801 3,199 14% 878 824 -6% OVERHEADS (1,103) _ (1,180) (950) (980) (1,232) (250) (288) - Selling Expense (343) (354)
Slide 16: EBITDA and EBIT by Business Segment
Financials : EBITDA Business Segment FINANCIAL YEAR ENDED: Last 2 Yrs EBITDA 1,850 1,867 1,552 1,822 1,967 8% 628 536 -15% Property Development (PDV) 931 885 1,267 1,446 1,124 -22% 453 289 -36% Investment Property (IVP) 785 865 341 410 827 102% 186 241 29% Leisure & Hospitality (L&H) 87 78 -12 12 81
Slide 17: Income Statement Property Development Business
Financials : Income Statement Property Development Business — INCOME BY BUSINESS SEGMENT C0 Rp'bn Rp'bn Rp'bn Rp'bn Rp’br Rp'bn REVENUE 3,436 3,617 3,670 4,148 3,529 -15% “4018 911 0% Houses 1,823 2,228 1,991 «2,723 «1,750 -36% 222 722 sad Improved profitablity Shops 123 681 627 444 873 97% 450 147
Slide 18: Property Development Business (By Location)
Financials : Property Development Business (By Location) GEOGRAPHIC LOCATION Variance Rotor Rp’bn REVENUES 3,436 3,617 3,670 4,148 ~— 3,529 -15% 1,018 911 10% SKLG Kelapa Gading 287 251 680 247 202 -18% 60 10 -83% SSPG Serpong 1,997 1,313 1,463_——2,243 1,589 = -29% 524 435 -17% SBKS Bekasi 333 388 6
Slide 19: Income Statement Investment Property Business
Financials : Income Statement Investment Property Business INVESTMENT PROPERTY Dec/2018 c/2019 | Dec/2020 | Dec/2021 | Dec/2022 st 2 Yrs | _-PERIODENDED: —_—| | _-PERIODENDED: —_—| Mar/2022 Mar/2023 Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,492 1,599 894 918 1,481 61% 311 395 27% Mall & Re
Slide 20: Income Statement Leisure & Hospitality Business
Financials : Income Statement Leisure & Hospitality Business INCOME BY BUSINESS SEGMENT EV Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 422 423 153 183 346 89% 54 102 89% Leisure 77 75 27 35 52 49% 10 14 42% Hospitality (Hotels) 344 348 127 148 294 98% 44 88 100% GROSS PROFIT 161 168 9 110 1101
Slide 21: Balance Sheet Summary
Financials : Balance Sheet Summary = = SUMMARY CONSOLIDATED FINANCIAL YEAR ENDED: Last 2 Yrs J -PERIODENDED: _—| BALANCE SHEETS Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Cash & Cash Equivalents 1,534 1,664 1,656 2,774 3,143 13% 3,570 3,268 -8% Inventories 7,890 8,514 9,187 9,254 9,960 8% 9,
Slide 22: Non-land Capital Investments
Non-land Capital Investments NON-LAND Indicative CAPITAL INVESTMENTS LAE inetd neers) Rp'bn Rp'bn Rp'bn Rp'bn Summarecon Villaggio Jakarta Luxury Outlet 3Q 2023 160 30 110 20 Summarecon Mall Bandung 4Q 2023 700 105 315 280 860 135 425 300 Summarecon Villaggio Jakarta Luxury Outlet will be the first
Slide 23: Our Business Model
¢ Our Business Model Build Integrated Townships with both residential and commercial complexes, and associated infrastructure like roads, water treatment plants for potable water supply, drainage and sewage facilities, energy distribution, education institutions, hospitals, retail centers, places of
Slide 24: Outlook for the Year
gq Outlook for the Year ™ From the macroeconomic perspectives, the Indonesia’s economy in general in 2023 is predicted to face soft headwind impacted from the global uncertainty risks. The global risks which might affect to Indonesia’s economy are mostly coming from the Russian-Ukraine war, higher c
Slide 25: To contact us / Disclaimer
To contact us. Investor Relations Jemmy Kusnadi Corporate Secretary / Head of Investor Relations jemmy@summarecon.com Michael Yong Finance Advisor michaelyong@summarecon.com PT Summarecon Agung Tbk Plaza Summarecon, JI. Perintis Kemerdekaan No. 42 Jakarta 13210, Indonesia Tel : + 62 21 4714567, Fax
Slide 26: Pernyataan Sanggahan
Pernyataan Sanggahan Presentasi ini disiapkan oleh PT Summarecon Agung Tbk (“Perusahaan”) untuk tujuan informasi saja dan tidak boleh dianggap sebagai penawaran atau ajakan untuk membeli atau memiliki berbagai jenis surat berharga Perusahaan. Dokumen yang telah disiapkan dan disediakan ini bersifat
Slide 27: A Typical Residential Product (sample)
¢ A Typical Residential Product (sample) garden Scientia Garden, kawasan seluas 200 ha yang dikembangkan deuyen konvep Smart amd Green Environment, yang mengintegrasikan antara fasiltas pendidikan, perkantoran, arsa Komersial, pusat perbeianjaan gadget dan komputer, serta ruang ruang terbuka hijau y
Slide 28: Marketing Brochure (sample)
Marketing Brochure (sample) Land : 66m2 Land : 77m2 Building GFA : 62 —68 m2 Building GFA : 73 —78 m2 Price : ~Rp 1.1 bn each Price : ~Rp 1.4bn each 55 ¢ Marketing Brochure (sample) bs 1 type-E Paket Pengembangan sie Land / Building Size : Land / Building Size : Land / Building Size : 66 m2 /62 m2 6
Slide 29: End of Presentation
End of Presentation 57
PT Summarecon Agung — Investor Presentation (May 2023) on 6ix