Slide 1: UOL Group 1Q2018 Financial Results
UOL Group 1Q2018 Financial Results 11 May 2018
Slide 2: Agenda
AGENDA • 1Q2018 KEY FINANCIALS • OPERATION HIGHLIGHTS • MARKET OUTLOOK 2
Slide 3: Company Overview
COMPANY OVERVIEW • Founded in 1963, listed on the Singapore Exchange in 1964 • Total Assets of $19.7 billion as at 31 March 2018 • Geographical presence in 12 countries - Singapore, Malaysia, Indonesia, Philippines, Vietnam, Myanmar, Australia, China, Bangladesh, UK, USA and Canada • Together with h
Slide 4: Core Businesses
CORE BUSINESSES Property Property Hotel operations development investments • Wholly-owned • Wholly-owned hotels • Wholly-owned projects properties • Joint-venture hotels • Joint-venture projects • Joint-venture properties • UIC-owned hotels • UIC-owned projects • UIC-owned properties • Aquamarina Ho
Slide 5: Diversified Portfolio
DIVERSIFIED PORTFOLIO Contribution by Business Segment 2.3% 0.4% 4.3% 5.8% 20.0% 23.8% 17.2% 21.5% Adjusted EBITDA* Total Assets** (FY2017) (FY2017) 48.1% 56.6% Property development Property investments Hotel operations Investments Management services & technologies *Excludes unallocated costs, othe
Slide 6: 1Q2018 Key Financials
1Q2018 KEY FINANCIALS
Slide 7: Key Financials
KEY FINANCIALS 1Q2017 % $m 1Q2018 (Restated) Change Revenue 661.0 350.7 89% Share of profit of associated companies 1.2 35.2 -97% and (loss)/profit of joint venture companies Profit before other gains and income tax 138.5 96.6 43% Profit before income tax 138.5 97.5 42% Net attributable profit 73.8
Slide 8: Key Financials
KEY FINANCIALS As at As at % 31.12.17 31.03.2018 Change (Restated) Net tangible asset value per share $11.18 $11.01 2% Total equity $14,328m $14,154m 1% Cash $750m $816m -8% Net debt $3,071m $3,031m 1% Gearing ratio 0.21 0.21 0% 8
Slide 9: Contributions by Business Segment
CONTRIBUTIONS BY BUSINESS SEGMENT Revenue by Business Segment (+72%) 350 314.9 300 250 (+66%) 200 (+133%) 173.5 183.3 $ million 150 131.6 104.6 100 (+551%) 56.5 40.9 (0%) 50 0.1 6.3 0 1Q2018 1Q2017 Property development Property investments Hotel operations Management services & technologies Investme
Slide 10: Operation Highlights
OPERATION HIGHLIGHTS
Slide 11: Property Development: Profit Recognition of Launched Projects
PROPERTY DEVELOPMENT Profit Recognition of Launched Projects Project Name % No. of Saleable % Sold % TOP Date Equity Units Area (as at 31.03.18) Completed Stake (sqm) (as at 31.03.18) Ongoing Park Eleven, Shanghai 55 398 78,526 36.7 99 Est. 3Q2018 Principal Garden 70 663 50,665 99.2 84 Est. 4Q2018 B
Slide 12: Property Development: Residential Pipeline
PROPERTY DEVELOPMENT Singapore Residential Pipeline Project Name/Location Tenure Site Area Est. Est. No. % Target of Land (sqm) Saleable of Units Owned Launch Area (sqm) Potong Pasir Ave 1 site 99 18,711 51,605 729 75 2H2018 92-128 Meyer Road site Freehold 10,185 14,259 57 50 2019 Total 28,896 65,86
Slide 13: Launch of Amber45
PROPERTY DEVELOPMENT Launch of Amber45 • A 139-unit freehold residential development • Located in District 15 along Amber Road • Close to upcoming Marine Parade and Tanjong Katong MRT stations • 100% stake • Preview over 28-29 April weekend attracted over 3,000 visitors • Launch on 12 May 2018 13
Slide 14: Upcoming launch of The Tre Ver
PROPERTY DEVELOPMENT Upcoming launch of The Tre Ver (former Raintree Gardens) • An estimated 729-unit waterfront development • 99-year leasehold site of 18,711 sqm • Poised to benefit from the government’s initiative to transform the Kallang River into a lifestyle hub • The development will preserve
Slide 15: Completed en-bloc purchase of Nanak Mansions at Meyer Road
PROPERTY DEVELOPMENT Completed en-bloc purchase of Nanak Mansions at Meyer Road • Completed en-bloc purchase of Nanak Mansions in December 2017 • Freehold residential site of 10,185 sqm; estimated 57-unit project • 50:50 joint venture with Kheng Leong • Close to upcoming Tanjong Katong MRT station •
Slide 16: China – Park Eleven
PROPERTY DEVELOPMENT China – Park Eleven No. of Units % Sold Saleable Area (sqm) 398 36.7 78,526 • Mixed development with 398 residential units and 4,103 sqm of net lettable area of retail in Shanghai • Located within Changfeng Ecological Business Park, close to Hongqiao Transportation Hub and The B
Slide 17: UK – One Bishopsgate Plaza
PROPERTY DEVELOPMENT UK – One Bishopsgate Plaza % Equity Est. No. of Est. Stake Units Saleable Area (sqm) 100 160 13,551 • UOL’s first investment in UK • Freehold land of 3,200 sqm • Located in London’s central financial district, near Liverpool Street Station and the future Crossrail Station • Appr
Slide 18: Property Investments
PROPERTY INVESTMENTS Office properties Approximate Net Lettable Area (sqm)* Portfolio Novena Square 41,604 United Square 26,971 Odeon Towers 18,292 Faber House 3,956 One Upper Pickering 8,089 110 High Holborn, London 7,971 120 Holborn Island, London 18,323 Total 125,206 Retail properties Portfolio N
Slide 19: Property Investments: Commercial properties under UIC
PROPERTY INVESTMENTS Commercial properties under UIC Approximate Net Floor Area (sqm) Portfolio Singapore Land Tower 57,500 Clifford Centre 25,470 The Gateway 69,803 SGX Centre 2 25,800 Abacus Plaza and 8,397 Tampines Plaza 8,397 Stamford Court 5,990 UIC Building 26,394 Marina Square shopping mall 7
Slide 20: Hotel Operations
HOTEL OPERATIONS Owns and/or Manages over 30 Hotels with more than 10,000 rooms • Comprises two highly-acclaimed brands – “Pan Pacific” and PARKROYAL 20
Slide 21: Hotel Operations: Existing and Pipeline
HOTEL OPERATIONS Existing Pipeline No. of Hotels No. of Rooms No. of Hotels No. of Rooms By Brand Pan Pacific 20 6,207 5 1,399 PARKROYAL 13 3,877 2 748 Others 2 850 - - Total 35 10,934 7 2,147 By Ownership Type Owned 24 8,298 1 237 Managed 11 2,636 6 1,910 Total 35 10,934 7 2,147 Note: Serviced suit
Slide 22: Hotel Operations: Owned Hotels under UOL Portfolio
HOTEL OPERATIONS Owned Hotels under UOL Country Rooms Portfolio Pan Pacific Orchard (under redevelopment Singapore 206 from 1 April 2018) PARKROYAL on Beach Rd Singapore 346 PARKROYAL on Kitchener Road Singapore 532 PARKROYAL on Pickering Singapore 367 Pan Pacific Perth Australia 486 Pan Pacific Mel
Slide 23: Hotel Operations: Owned Hotels under UIC Portfolio
HOTEL OPERATIONS Owned Hotels under UIC Country Rooms Portfolio Pan Pacific Singapore Singapore 790 Marina Mandarin Singapore 575 The Westin Tianjin China 275 Total 850 Grand Total 7,852 Owned Serviced Suites under UOL Rooms Portfolio Pan Pacific Serviced Suites Orchard, Singapore 126 Pan Pacific Se
Slide 24: Pipeline Projects: Singapore – Pan Pacific Orchard
PIPELINE PROJECTS (OWNED) Singapore – Pan Pacific Orchard • Pan Pacific Orchard closed from 1 April 2018 for redevelopment into a new iconic and green 340-key hotel • Will feature three unique levels of experiential sky gardens which will redefine the vertical sky-rise typology • Expected to open in
Slide 25: Pipeline Projects: UK – Pan Pacific London
PIPELINE PROJECTS (OWNED) UK – Pan Pacific London • Located in Bishopsgate, London’s central financial district • Part of a 43-storey luxury mixed-use development • 237 rooms and 160 residential units with dining, meeting, fitness and wellness facilities • Expected to open in 2020 25
Slide 26: Best in Class Properties
BEST IN CLASS PROPERTIES Award-winning and Quality Properties across Residential, Commercial and Hospitality Asset Classes Nassim Park Residences, Singapore 150 Bishopsgate, London, UK PARKROYAL on Pickering, Singapore The Clement Canopy, Singapore 26
Slide 27: Disclaimer
DISCLAIMER This presentation may contain forward-looking statements or financial information. Such forward-looking statements and financial information may involve known and unknown risks, uncertainties, assumptions and other factors which may cause the actual results, performance or achievements of
Slide 28: SUNAN AA ae
SUNAN AA ae