Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (November 2023)
29 slides from Pt Summarecon Agung Tbk's investor presentation, November 2023
Slide 1: Wonderful Life - Wonderful World: A Company Presentation, November 2023
summarecon Wondestul Life - Wondertul World PT SUMMARECON AGUNG Tbk A Company Presentation | November 2023 A. Company Profile F. Financials Corporate Information, Shareholders + Consolidated Management Team Principal Business Activities Project Locations Landbank & Projected Acquisitions B. Property
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/Sep/2023 : Rp 575 /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 6,000 -— _ 5,000 ~ 4,000 — 2,000 — 2018A 2019A Marketing Sales by Location 6,000 <== ~ - YoY 22% =20% 59% 2018A 20198 020A 2021A 022A aon” Bae Marketing Sales by Product Type salth 2020A 2021 2023T 2022A Property Development : Marke
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range 6,000 20208 2021A 5,000 + 2018A 20198 4,000 3,000 2022A 2022A 2023A Customer Payment Profile 2 2018A 20198 20200 20210 90% 2023A PRODUCT PRICE |_2018A. Actual Actual Rp'bn —Rp'bn —Rp'bn_—RP R
Slide 7: Property Development: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) Product ist Launch | Completion Development Value No. of Units % sold Project | Product Name Type Total Sold (Value) Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,473 (1,372) 101 453 (422) 31 3,251
Slide 8: Property Development: 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-19 781 (705) 76 256 (231) 25 3,052 90% Rainbow Springs Apartment Aug-19 Feb-22 1,229 (1,214) 15 740 (
Slide 9: Property Development: 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-18 381 (380) 1 778 (775) 3 490 100% SpringLake View [E] Apartment A
Slide 10: Property Development: Summarecon Bandung
Property Development : Summarecon Bandung (in West Java) Gye: || 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-22 622 (622) t) 140 (140) 0 4,443 100% Flora House Sep-20 Mar-23 741 (732) 9 408 (403) 5 1,816
Slide 11: Property Development: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) PROJECT DEVELOPMENT VALUE (SOME ONGOING PROJECTS) Project | Product Name Product 1st Launch | Completion No. of Units % sold Type Date Date Total Sold Bal Total Sold (Value) Rp'bn Rp'bn Rp'bn Mahogany House Oct-20 Apr-23 566 (566) oO 321 (
Slide 12: Investment Property, Hospitality, Leisure, Education & Others
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 Visitor Traffic Occupancy eu Glue m2 / Month m2 / Month UGHELLES 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 |Summarecon Mall S
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 Variance REVENUE 5,661 5,942 5,030 5,568 5,719 3% 4,212 5,081 21% GROSS PROFIT 2,953 3,047 2,502 2,801 3,199 14% 2,301 2,719 18% OVERHEADS (1,103) _ (1,180) (950) (980) (1,232) (839) (977) = Selling Expense (343
Slide 16: Financials: EBITDA Business Segment
Financials : EBITDA Business Segment FINANCIAL YEAR ENDED: Last 2 Yrs Dec/2018 | Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 | Variance | _PERIODENDED: _| Sep/2022 Sep/2023 Variance EBITDA 1,850 1,867 1,552 1,822 1,967 8% 1,462 1,741 19% Property Development (PDV) 931 885 1,267 1,446 1,124 -22% 845 95
Slide 17: Income Statement: Property Development Business
Financials : Income Statement Property Development Business INCOME BY BUSINESS SEGMENT PROPERTY DEVELOPMENT — FINANCIAL YEAR ENDED: Last 2 Yrs Dec/2018 | Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 | Variance PERIOD ENDED: | vanane | Rp'bn Rp'bn Rp'bn Rp'bn Rp’br Rp'br Rp'bn REVENUE 3,436 3,617 3,670
Slide 18: Property Development Business (By Location)
Financials : Property Development Business (By Location) PROPERTY DEVELOPMENT GEOGRAPHIC LOCATION Rp’bn Rp'bn Rp'bn Rp'bn Rp'bn = (ast 2 Vee Dec/2018 | Dec/2019 | Dec/2020 | Dec/2021 | Dec/2022 We nce Sep/2022 Sep/2023 Rp’bn Rp'bn REVENUES 3,436 3,617 3,670 4,148 ~— 3,529 -15% 2,661 3,182 20% SKLG K
Slide 19: Income Statement: Investment Property Business
Financials : Income Statement Investment Property Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDED: Last 2 Yrs Dec/2022 | Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,492 1,599 894 918 1,481 61% 1,051 1,261 Mall & Retail properties 1,414 1,521 817 835 1,384 66% 980 1,181 Offi
Slide 20: Income Statement: Leisure & Hospitality Business
Financials : Income Statement Leisure & Hospitality Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDED: Last 2 Yrs Variance PERIOD ENDED: | acon | Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 422 423 153 183 346 89% 231 348 51% Leisure 77 75 27 35 52 49% 35 45 29% Hospitality (Hotels) 344
Slide 21: Financials: Balance Sheet Summary
Financials : Balance Sheet Summary = SUMMARY CONSOLIDATED FINANCIAL YEAR ENDED: Last 2 Yrs | _PERIODENDED: _—| | _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% 3,038 3,169 4% Inventories 7,890 8,514 9,187
Slide 22: Non-land Capital Investments
Non-land Capital Investments Indicative Optg Date OTAL | FY-2023 | FY-2024 Rp'bn Rp'bn Rp'bn Summarecon Villaggio Jakarta Outlet 4Q 2023 180 50 5 Summarecon Mall Bandung 1Q 2024 700 350 75 La Piazza 4Q 2023 60 50 10 Gafoy 4Q 2023 80 65 15 1,020 515 105 Summarecon Villaggio Jakarta Outlet Located in
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; Moving Forward
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 (November 2023) on 6ix