PT Intiland Development Tbk · IDX:DILD

PT Intiland Development Tbk — Investor Presentation (May 2014)

44 slides from PT Intiland Development Tbk's investor presentation, May 2014

  1. Slide 1: PT Intiland Development Tbk Corporate Presentation

    PT Intiland Development Tbk Corporate Presentation May 2014

  2. Slide 2: Table of Content

    Table of Content 1 Corporate Overview p. 3 2 Projects highlight “Development income” p. 12 3 Projects highlight “Recurring Income” p. 26 4 Projects Pipeline p. 32 5 Financial Highlights p. 38 2

  3. Slide 3: Corporate Overview

    Corporate Overview 3

  4. Slide 4: Established Track Record

    Established Track Record  More than 40 years of experience  Developed over 40 projects with total developed land area of approximately 1,360 hectares  Market capitalization IDR 4.7 trillion as of March 28th, 2014  Diversified customer base due to the different types of properties and segments we

  5. Slide 5: Key Milestones

    Key Milestones FOUNDING “GOOD OLD DAYS OF RAPID GROWTH RESTRUCTURING YEARS REJUVENATION, NEW DIRECTION Continued ops as going Jun 2007 Debt-Equity Swap converting Rp 1.1 Trillion concern while continuing to outstanding debt into 2.2 billion shares. New CEO pay interest. No staff and BOD appointed. r

  6. Slide 6: Core Portfolios

    Core Portfolios Superblock Residential Industrial South Quarter Landed Ngoro Industrial Park •Phase 1 Serenia hills •Phase 2* Talaga bestari Investment Properties Kebon Melati* Graha family •Phase 1* Graha Natura Intiwhiz Hotel Chain •Phase 2* (Hospitality) High-rise Graha festival 1 Park Avenue Int

  7. Slide 7: Strategic Property Location

    Strategic Property Location Our projects in Jakarta and Surabaya are located strategically along major transportation infrastructure, and proposed future developments Jakarta (65% of total assets value) Surabaya (35% of total assets value) Regatta, Tanjung Priok 11Ha (Port) Aeropolis Soekarno Hatta

  8. Slide 8: Management Team

    Management Team Directors and key officers have been with the company for more than 25 years in average and have extensive market-oriented knowledge and experience in the Indonesian real estate industry BOARD OF COMMISSIONERS AUDIT COMMITTEE  Thio Gwan Po Micky  Hariawan Pribadi  Friso Palilingan

  9. Slide 9: Strong Brand Recognition

    Strong Brand Recognition  Successful brands and differentiated premium projects  Trusted to deliver and maintain projects  Trend setters and price leaders Green concept design Nestled in a secluded First reclaimed housing First golf-themed First luxury sea-front First condominium incorporating tr

  10. Slide 10: Segments Contribution

    Segments Contribution Revenue Gross Profit 1Q14 IDR 452.6 bn 1Q14 IDR 235.7 bn 22% 17% 31% 37% 9% 10% 30% 44% Superblock Residential Industrial Estate Investment Properties 10

  11. Slide 11: Awards and Achievements

    Awards and Achievements 2013 The 40 Top Performance Small & Favourite Residential 2013 CSR Award 2013 from Excellent Achievement Midsized Companies Serenia Hills- Jakarta Jakarta’s Governor Indonesia Best Corporate Best Design for Apartment- Best of the Best Awards 2011 Housing Estate PT Intiland De

  12. Slide 12: Project Highlights "Development Income"

    Project Highlights “Development Income” 12

  13. Slide 13: Superblock South Quarter

    Superblock South Quarter TB Simatupang, South Jakarta Office Tower B (Lease) Phase 2 (Future Office development) Tower A (Strata) Office Tower C (Lease) Phase 1 13

  14. Slide 14: Superblock South Quarter (Phase 1)

    Office Tower B (Lease) Office Phase 2 (Future development) Superblock Tower A (Strata) Office Tower C (Lease) South Quarter (Phase 1) TB Simatupang, South Jakarta Project facts • Land Area : 4.4 Ha • Consists of: • 1 Office Tower (SGA 39.281 sqm) Phase 1 • 2 Office Towers (SGA 78,562 sqm) – Lease •

  15. Slide 15: Superblock Graha Festival

    Superblock Graha Festival West Surabaya 15

  16. Slide 16: Superblock Spazio Tower

    Superblock Spazio Tower Graha Festival, West Surabaya Project facts • Land Area : 0.5 Ha • Consists of: • Office (SGA 23,034 sqm) – Strata • Hotel 140 rooms (SGA 11,087 sqm) – Lease • Function Hall (SGA 1,000 sqm) – Lease • Retail (SGA 2,800 sqm) – Lease • ASP : IDR 20 M/sqm Project Sales Update • L

  17. Slide 17: Superblock Praxis

    Superblock Praxis CBD Surabaya Project facts • Land Area : 1.1 Ha • Consists of: • 1 Condominum tower (SGA 23,034 sqm) – 316 units • 94 Units office (SGA 8,643 sqm) • Office (NLA 8,643 sqm) – Lease • Hotel 304 rooms (NLA 12,772 sqm) - Lease • Retail (NLA 10,351 sqm) - Lease • ASP : • Condominium IDR

  18. Slide 18: Serenia Hills Landed Residential

    Residential Landed Residential Serenia Hills I South Jakarta Masterplan of Serenia Hills 2 Project Facts Phase 1 Phase 2 Land Area  10 Ha  14 Ha Landed Residential – 225 Units (92% sold) Landed residential – 105 Units (93% sold) Development  Regent Cluster 174 Units (5 Ha)  Titan Cluster – 59 Un

  19. Slide 19: Talaga Bestari Landed Residential

    Residential Landed Residential Talaga Bestari I Tangerang Jungle Walk The Hills Project Facts Harmony The Hills Floura The Forest Jungle Walk Plaza D’Captiva Land Area  5.3 Ha  4.1 Ha  4.4 Ha  5.5 Ha  4 Ha  2.8 Ha Landed residential  Landed  Landed  Landed residential Shophouse and Kiosk 

  20. Slide 20: Graha Natura Landed Residential

    Residential Landed Residential Graha Natura I West Surabaya Project Facts Cluster A Cluster B Cluster C Cluster D Land Area  7.1 Ha  7 Ha  4.8 Ha  8.5 Ha Sold (as of December 2013)  70%  74%  86%  80%  Landed residential  Landed residential  Landed residential  Landed residential Develop

  21. Slide 21: 1 Park Avenue High-rise Residential

    Residential High-rise Residential 1 Park Avenue Gandaria, South Jakarta Project facts • Land Area : 2.8 Ha • Consists of: • 4 Condominium Towers (SGA 70,252 sqm) – 448 units • Townhouse (200-240 sqm/ unit) 31 units • ASP : IDR 35 M/sqm Project Sales Update • Launched in May 2013 • 60% sold (as of Ma

  22. Slide 22: Aeropolis High-Rise Residential

    Residential High-Rise Residential Aeropolis I Tangerang AR 2 Club ACR house AR3 AR 1 ACP Boutique Techno Hotel Park Boutique office FnB Aeropolis Commercial Park Project Facts Aeropolis Residence (AR) 1 & 2 Aeropolis Residence (AR) 3 Aeropolis Crystal Residence (ACR) (ACP) Land Area  2 Ha  2.2 Ha

  23. Slide 23: Regatta High-Rise Residential

    Residential High-Rise Residential Regatta Phase 1 (50% Owned) Pantai Mutiara, Jakarta Utara Project Facts Phase 1 • Land Area : 2.5 Ha • 4 Condominium Towers (+/- 200 – 250 m2/unit) 390 units Project Sales Update • 96% sold (as of March’14) Regatta Phase 2 (50% Owned) Pantai Mutiara, Jakarta Utara P

  24. Slide 24: Sumatra 36 High-rise Residential

    Residential High-Rise Residential Sumatra 36 Surabaya Project facts • Land Area : 0.2 Ha • Consists of: • 63 units luxury apartment (SGA 8,188 sqm) • Operational : 1Q15 • ASP : IDR 25 M/sqm Project Sales Update • 41.3% sold (as of March’14) Project Construction Update • 51% Completion (as of March’1

  25. Slide 25: Ngoro Industrial Park

    Industrial Ngoro Industrial Park Ngoro, East Java Project facts • Land Area : 550 Ha • 80% sold (as of March’14) • ASP : IDR 1.3 M/sqm Remarks • Located only 45 Km from Surabaya and 55 Km from Tanjung Perak Seaport • Export Processing Zone is available • Abundant natural gas • Sewerage system Tenanc

  26. Slide 26: Project Highlights "Recurring Income"

    Project Highlights “Recurring Income” 26

  27. Slide 27: Investment Properties: Intiland Towers Jakarta and Surabaya

    Investment properties Intiland Tower Jakarta I CBD Jakarta Intiland Tower Surabaya I CBD Surabaya Project Facts Project Facts Land Area  0.8 Ha Land Area  0.5 Ha Development  Office Tower (SGA 31,000 sqm) Development  Office Tower (SGA 17,000 sqm) Occupancy  97% Occupancy  92% Gross Rent  IDR

  28. Slide 28: Investment Properties: Spazio and National Hospital

    Investment properties Spazio I West Surabaya National Hospital I West Surabaya Project Facts Project Facts Land Area  0.8 Ha Land Area  0.8 Ha Development  Retail (NLA 3,654 sqm)  205 Beds and 123 Wards Development  98 GP & Specialists Occupancy  74%  151 Nurses Gross Rent  IDR 130,000/sqm/m

  29. Slide 29: Investment Properties: Hotels

    Investment properties Whiz Hotel Yogyakarta Whiz Hotel Semarang Grand Whiz Kuta, Bali Grand Whiz Kelapa Gading Grand Whiz Nusa Dua, Bali Whiz Hotel Grand Whiz Coming Soon Whiz Hotel Grand Whiz Grand Whiz Whiz Hotel Cikini Hotels Yogyakarta Kelapa Gading Semarang (Own) Kuta (Bali) Nusa Dua (Bali) (Ow

  30. Slide 30: Intiwhiz Hotel Chain - Own

    Intiwhiz Hotel Chain I Own Hotel Type City Bedroom Operational Progress Ownership 1 Whiz Sudirman - Balikpapan 168 Jul'14 75% 100% 2 Whiz Piere Tendean - Manado 152 Oct'14 32% 30% 3 Whiz Cikurai - Bogor 154 Jun'14 42% 100% 4 Whiz Hassanuddin - Makassar 147 Oct'14 40% 100% 5 Whiz Basuki Rachmat - Mal

  31. Slide 31: Intiwhiz Hotel Chain - Operator

    Intiwhiz Hotel Chain I Operator Hotel Type City Bedroom Operational Progress 1 Whiz Kelapa Gading - Jakarta 152 Finishing May'14 2 Whiz Cikarang 120 5th floor Jun'14 3 Grand Whiz Sudirman - Makasar 140 Design & permit Nov'15 4 Grand Whiz Sunter - Jakarta 176 Permit Process Jun'15 5 Whiz Ahmad Yani -

  32. Slide 32: Projects Pipeline

    Projects Pipeline 32

  33. Slide 33: Superblock: South Quarter Phase 2 and Kebon Melati

    Office Tower B (Lease) Phase 2 (Future development) Superblock Office Office Tower C (Lease) Tower A (Strata) South Quarter (Phase 2) TB Simatupang, South Jakarta • Land Area : 2.7 Ha • Strata-title office • Residential unit • In close proximity to future MRT stations: Lebak Bulus and Fatmawati Kebo

  34. Slide 34: Pantai Mutiara and WestOne City

    Superblock Pantai Mutiara (reclamation) Pantai Mutiara, North Jakarta • Land Area : 63 Ha • Consist of: • Landed residential • Mixed-use • High rise and low rise residential • Commercial • Project progress • Obtained principle permit to reclaim the land Pantai Mutiara • Part of “Giant Sea Wall” plan

  35. Slide 35: High-Rise Residential Pipeline

    High-Rise Residential Beach Terrace Apartment Pantai Mutiara, North Jakarta • Totaling area : 4.1 Ha (1.7 Ha is reclaimed land) • Consist of: • 2 Condominium tower (SGA 97,200 sqm) 1,060 units • Retail (NLA 5,679 sqm) • Under planning stages Pinang Residence 2 Beach Terrace Apartment South Jakarta •

  36. Slide 36: Serenia Hills Residential

    Residential Serenia Hills TB Simatupang, South Jakarta Landed Residential Phase 2 (Venture Cluster) • Land Area : 4 Ha • Landed residential - 115 units Low-Rise • Land Area : 1 Ha • 6 floors • 102 units (SGA 13,679 sqm) 36

  37. Slide 37: Future recurring income stream

    Future recurring income stream Projects Leaseable Area Operational South Quarter (phase 1) 2 Office Towers (SGA 78,563 sqm) 2Q2015 Retail (SGA 10,789 sqm) Kebon Melati I (55% Retail (NLA 5,689 sqm) 1Q16 owned) Spazio Tower Retail (NLA 4,943 sqm) 2Q16 Function Hall (NLA 968 sqm) Praxis Office (SGA 8,

  38. Slide 38: Financial Highlights

    Financial Highlights 38

  39. Slide 39: Financial Performance

    Financial Performance Revenue (in billion) EBITDA (in billion) 439 1,510 1,262 332 939 843 215 211 387 101 2009 2010 2011 2012 2013 2009 2010 2011 2012 2013 Net Income (in billion) Marketing Sales (in billion) 355 324 2,533 1,650 181 140 1,109 1,172 339 26 2009 2010 2011 2012 2013 2009 2010 2011 201

  40. Slide 40: Segments Contribution

    Segments Contribution Revenue (in billion) Gross Profit (in billion) 273.6 103.1 100.5 79.3 72.0 167.8 137.5 101.4 104.7 40.4 20.2 45.9 37.0 14.4 2.2 3.4 Superblock Residential Industrial Estate Investment Superblock Residential Industrial Estate Investment Properties Properties 1Q14 1Q13 40

  41. Slide 41: Marketing Sales

    Marketing Sales Projects 2012 % 2013 % 1Q14 % Superblock South Quarter - 0% 402 16% 95 15% Plan in 2014 : Spazio 32 2% - 0% 5 1% • Marketing Sales FY14 = IDR 2,8 tn Praxis - 0% 200 8% 4 1% • Project to be launch : Residential High-rise Residential • Kebon Melati 1 Park Avenue 397 24% 484 19% 18 3% •

  42. Slide 42: Financial Summary

    Financial Summary in IDR billion 1Q14 1Q13 YoY Growth in IDR billion 2013 2012 2011 Revenue 453 419 8% Revenue 1,510 1,262 939 Gross Profit 236 196 20% Gross Profit 706 496 361 EBIT 165 129 28% EBIT 400 304 188 EBITDA 175 138 27% EBITDA 439 332 215 Net Income 122 80 52% Net Income 324 181 140 EPS 12

  43. Slide 43: Disclaimer and Confidentiality

    Disclaimer and Confidentiality We caution readers that all statements other than statements of historical fact included in this document, including without limitation, those regarding our financial position, business strategy, plans and objectives of management for future operations (including devel

  44. Slide 44: Contact Person

    Contact Person: Wendy Chandra Capital & Investment Management PT Intiland Development Tbk Tel : +62 21 5701912 (ext. 1899) Fax: +62 21 5700015 wendy.chandra@intiland.com Theresia Rustandi Corporate Secretary PT Intiland Development Tbk Tel : +62 21 5701912 (ext. 1846) Fax: +62 21 5700015 theresia.ru

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