Century Properties Group Inc. · PSE:CPG
Century Properties — Q3 2012 Earnings Presentation
19 slides from Century Properties's earnings presentation, Nov 9, 2012
Slide 1: Presentation to Analysts Q3 2012
Presentation to Analysts Q3 2012 November 9, 2012 1
Slide 2: Agenda
Agenda 1. Executive Summary 2. Financial Statements 3. Pre-Sales 4. Project Update 5. Q&A 2
Slide 3: Executive Summary
Executive Summary • Sustained Pre-Sales Momentum • Q3 2012: P5.6B of pre-sales, representing 17% growth YoY over P4.8B • YTD 2012: P16.3B of pre-sales, representing 18% growth YoY over P13.8B • Record Earnings • Q3 2012: P2.3B in revenue and P467M in net income, representing 60% and 105% growth YoY,
Slide 4: Executive Summary
Executive Summary • Continued Diversification • Launched 3 affordable towers in Commonwealth, Quezon City, with inventory value of P2.8B, garnering P1B per month in pre-sales • Announced Partnerships • PLDT for Future Ready Century City • Acqua Iguazu - yoo Inspired by Starck • Share Purchase • Purc
Slide 5: Financial Statements
inancial Statements CENTURY
Slide 6: Successfully increased leverage, while still maintaining healthy credit ratios
Successfully increased leverage, while still maintaining healthy credit ratios Audited Unaudited Unaudited Amount in Millions 31-Dec-11 30-Jun-12 30-Sep-12 Cash and Cash Equivalents 367 657 1,200 Total Assets 10,029 14,053 17,281 Total Borrowings 883 1,409 2,802 Net Debt 516 752 1,602 Stockholder's
Slide 7: …With Undrawn Facilities to Continue Growth
…With Undrawn Facilities to Continue Growth Executive Financial Project Pre-Sales Q&A Summary Statements Updates 7
Slide 8: Q3 Net Income: 105% Growth YoY
Q3 Net Income: 105% Growth YoY Unaudited Unaudited Amount in Millions Q3 2011 Q3 2012 Growth Revenue Real estate sales 1,009 2,010 Property management fee and other services 55 47 Interest and other income 365 230 Total Revenue 1,429 2,286 60% Total Costs and Expenses 1,101 1,699 54% Income Before T
Slide 9: YTD Net Income: 95% Growth YoY
YTD Net Income: 95% Growth YoY Unaudited Unaudited Amount in Millions 9M 2011 9M 2012 Growth Revenue Real estate sales 2,883 6,544 Property management fee and other services 151 157 Interest and other income 515 522 Total Revenue 3,549 7,223 104% Total Costs and Expenses 2,567 5,350 108% Income Befo
Slide 10: Pre-Sales
Pre-Sales CENTURY 10
Slide 11: On Track to Hit P20B Pre-Sales FY 2012 Target
On Track to Hit P20B Pre-Sales FY 2012 Target, Representing 18% Growth Over 1H 2011 Pre-Sales (Million Pesos) 18% growth 17% growth 18,000 6,000 16,000 14,000 12,000 4,000 10,000 P13.8B P16.3B P4.8B P5.6B 8,000 6,000 2,000 4,000 2,000 - 0 YTD Q3 2011 YTD Q3 2012 Q3 2011 Q3 2012 82% of FY 2012 P20B P
Slide 12: Diversified P16.3B Revenue Base, of which P11.3B is from International Market
Diversified P16.3B Revenue Base, of which P11.3B is from International Market YTD Q3 Market Segment Split 26% 39% Luxury Middle Income 35% Affordable YTD Customer Base Split 31% Philippines 69% International Note: A project is defined as Luxury, Middle Income and Affordable if the majority of the un
Slide 13: Project Updates
Project Updates CENTURY 3
Slide 14: Successful First Year as Public Company
Successful First Year as Public Company 2012 New Project Launches (P16.5B) P4.0B P12.5B Executive Financial Project Pre-Sales Q&A Summary Statements Updates 14
Slide 15: Century Properties Management Inc. (CPMI)
Century Properties Management Inc. (CPMI) • 50 buildings managed totaling 2.3Msqm including Asian Development Bank, Makati Medical Center, PNB headquarters, Globe Valero and Pacific Star Building • CPGI purchased 20% minority interest in CPMI 4% growth 200 150 P151M P157M 100 50 0 Executive Financia
Slide 16: Strategic Tie Up with PLDT to Provide Future Ready Homes
Strategic Tie Up with PLDT to Provide Future Ready Homes Executive Financial Project Pre-Sales Q&A Summary Statements Updates 16
Slide 17: Project Video
Acqua Iguazu (Building 5) – yoo Inspired by Starck Project Video Executive Financial Project Pre-Sales Q&A Summary Statements Updates 17
Slide 18: CENTURY
CENTURY 18
Slide 19: These materials have been prepared by Century Properties Group Inc. (together with its subsidiaries,
These materials have been prepared by Century Properties Group Inc. (together with its subsidiaries, the "Company” or “Century”), and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or compl
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