Robinsons Land Corp. · PSE:RLC

Robinsons Land — 1H FY2014 Earnings Presentation

11 slides from Robinsons Land's earnings presentation, May 12, 2014

  1. Slide 1: Quarterly Investors' Briefing

    Quarterly Investors’ Briefing 12 May 2014

  2. Slide 2: Financial Highlights – 1H FY2014

    FINANCIAL HIGHLIGHTS – 1H FY2014 PhP MM REVENUES %Total YoY EBITDA %Total YoY EBIT %Total YoY RLC RLC RLC 8,459 100% 7% 4,447 100% 6% 3,155 100% 5% malls 3,990 47% 12% 2,761 62% 12% 1,757 56% 11% offices 729 9% 2% 702 16% 2% 510 16% 3% hotels 792 9% 2% 265 6% 3% 184 6% 13% residential 2,948 35% 4% 7

  3. Slide 3: Strong Balance Sheet Position (as of March 31, 2014)

    STRONG BALANCE SHEET POSITION (as of March 31, 2014) TOTAL ASSETS (PhP MM) SHAREHOLDER’S EQUITY (PhP MM) RETURN ON EQUITY CURRENT NET DEBT TO EQUITY 26% 23% 13% FY12 FY13 1HFY14 3

  4. Slide 4: Malls: Revenues, EBITDA, EBIT

    REVENUES +12% 3,577 3,990  Second largest mall operator 1HFY13 1HFY14 in the Philippines with 37 malls EBITDA +12%  1,025,000 sqm in GLA 2,761  1,900,000 sqm in GFA 2,464  95% latest system-wide occupancy  Approximately 7,000 retailers 1HFY13 1HFY14  Same mall revenue growth has EBIT been trac

  5. Slide 5: Offices: Revenues, EBITDA, EBIT

    REVENUES +2% 717 729  A leading BPO office space provider with 273,000 sqm net 1HFY13 1HFY14 leasable space  Total occupancy is 98% EBITDA  Increased space by 41% or +2% 80,000 sqm in FY 2014 691 702  Dominant landlord in the Ortigas Central Business District 1HFY13 1HFY14 EBIT +3% 497 510 1HFY1

  6. Slide 6: Hotels: Revenues, EBITDA, EBIT

    REVENUES EBITDA EBIT +2% +3% +13% 778 792 265 256 184 163 1HFY13 1HFY14 1HFY13 1HFY14 1HFY13 1HFY14 6

  7. Slide 7: Residential: Sales Take-Up

    SALES TAKE-UP +3% 30% 49% 3,924 3,819 404 668 558 1,160 2,665 17% 1,933 4% 192 163 1HFY13 1HFY14 2 new projects for 1HFY2014 7

  8. Slide 8: Residential: Realized Revenues

    REALIZED REVENUES +4% 2,850 2,948 1HFY13 1HFY14  Realized Revenues amounted to PhP2.9B  EBITDA amounted to PhP718.7M  EBIT amounted to PhP704M 8

  9. Slide 9: Capital Expenditure and Landbank

    CAPITAL EXPENDITURE AND LANDBANK CAPITAL EXPENDITURE 16,000 13,433 14,274 11,310 Investment Capex 3,439 4,945 9,600 6,227 4,945 Development Capex 3,732 1,741 3,534 Land Acquisition 3,534 4,000 2,780 6,262 2,831 1,706 2,831 2,400 FY2010 FY2011 FY2012 FY2013 FY2014B LANDBANK as of 31 March 2014 SUMMAR

  10. Slide 10: Moving Forward – Future Plans & Strategies

    MOVING FORWARD – Future Plans & Strategies +12% +11% +7% +13% +18% 1,292,000 +41% 343,000 1,150,000 308,000 1,077,000 273,000 913,000 193,000 Gross Leasable Net Area Leasable (sqm) Area (sqm) FY2013 FY2014 FY2016 FY2017 FY2013 FY2014 FY2015 FY2016 1 Mall 7 New Malls 2 New Office Buildings 1 New Offi

  11. Slide 11: Thank You

    ROBINSONS LAND CORPORATION THANK YOU

Robinsons Land — 1H FY2014 Earnings Presentation on 6ix