Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — FY2020 Earnings Presentation
29 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2021
Slide 1: Dubai Investments PJSC Investor Presentation
Dubai Investments PJSC 31st December 2020 Investor Presentation
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – FY 2020 Financial Highlights Page 16 Operational Performance by Business Segment – FY 2020 Page 20 Management Strategy & Outlook Page 22 Portfolio Information – Flagship Assets Page 26 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview Dubai Investments
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of over AED 21.8 billion with over 16,500 shareholders A Glance at Dubai Investments Shareholders (December 2020) ESTABLISHMENT OWNERSHIP TYPE 11.5% Investment Corporation of Dubai In 1995 as an on-shore Publicl
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has Mr. Khalid Bin Kalban has extensive experience in Manufacturing & Industrial
Slide 6: Diversified Portfolio of Assets Across Real Estate, Manufacturing and Services
Diversified Portfolio of Assets Across Real Estate, Manufacturing and Services Total Assets AED 21.8 BN 35% 7,588m As at 31st December 2020 Amounts in AED DUBAI INVESTMENTS 9% PARK DEV. COMPANY 1,941m 22% 4,735m 14.1 5.4 2.3 TREASURY PORTFOLIO billion billion billion 11% & OTHER 25% 65% 357m DUBAI I
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 77
Slide 8: 25 Years of Building Businesses and Creating Shareholder Value
25 Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through the capital gains EEP(1
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Shareholder Returns – DIC vs. DFMGI Index Dividends Paid (AED million) and Dividend Per Share (AED) 120 10.7% 750 0.14 0.12 0.12 0.12 0.12 0.12 100 600 0.10 0.10 510 0.10 486 486 80 458 (10.0)% 450 425 425 0.08 60 0.06 300 40 0.04 150 20 0.02 - - - 2015 2016 2017 2
Slide 10: Management Summary – FY 2020 Financial Highlights
Management Summary – FY 2020 Financial Highlights
Slide 11: Key Messages: Resilient performance with healthy EBITDA despite COVID-19
Key Messages: Resilient performance with healthy EBITDA despite COVID-19 ▪ For FY 2020, the Group recorded total income of AED 2,676.3 million which remained resilient despite the most challenging and unprecedented year due to the pandemic. The moderate decline of AED 203.7 million, as compared to p
Slide 12: FY 2020 – Financial Highlights: Well Capitalized and Profitable Company
FY 2020 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 2,676.3 1,030.6 347.6 0.08 2.9% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT # TOTAL ATT. EQUIT Y NET DEBT / TOTAL EQUIVALENTS** ATT
Slide 13: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 927 527 841 768 771 215 653 706 725 691 758 672 236 625 212 213 345 238 217 232 318 323 249 227 225 211 712 606 190 223 215 242 236 228 404 398 481
Slide 14: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED m) ( 76.7 ) 11.6 17.5 (87.2 ) ( 54.9 ) 7.2 252.9 ( 225.8 ) ( 11.5 ) ( 52.3 ) 15.6 2,880.0 2,676.3 12M 2019 Sale of Rental Contract Sale of Gain on FV Gain on sale Gain on sale Gain on FV Gain on FV Bargain Others* 12M 2020 goods income reve
Slide 15: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 21.5 21.5 21.8 19.2 19.0 19.4 19.6 20.1 20.6 20.6 21.0 19.2 19.0 19.4 19.6 20.1 20.6 20.6 21.0 21.5 21.5 21.8 5.3 5.0 5.6 6.6 6.7 7.2 7.0 7.0
Slide 16: Operational Performance by Business Segment – FY 2020
Operational Performance by Business Segment – FY 2020
Slide 17: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights (December 2020) Total Income (AED m) ▪ Total income from the property segment remained resilient at AED 1,114.4 million for FY 2020. The decline of AED 29.1 million from the 1,594 prior period was largel
Slide 18: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights (December 2020) Total Income (AED m) ▪ Total income from the manufacturing, contracting & services segment declined by AED 58.5 million from FY 2019 primarily
Slide 19: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights (December 2020) Total Income (AED m) ▪ Total income from Investments segment was AED 12.2 million as compared to AED 128.3 million in FY 2019. The lower income was 208 mainly
Slide 20: Management Strategy & Outlook
Management Strategy & Outlook
Slide 21: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams. ▪ Focus on monetizing real estate investment portfolio, most of which are completed, to generate a steady and Pr
Slide 22: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets
Slide 23: Dubai Investment Park - A “City within a City”
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 60% LEASED RESIDENTIAL 98% 32% FY 2020 RENTAL COMMERCIAL INCOME 753 8% AED million Note: Figures are rounded to the nearest decimal 23
Slide 24: Emicool – The Leading District Cooling Provider
Emicool – The Leading District Cooling Provider Mirdif ESTABLISHED Dubai Culture Village Jumeirah Bay 2003 Rose Bay CUSTOMERS ~20,000 Dubai Motor City EMPLOYEES Dubai Sports City ~250 Dubai Investment Park ZONES DWTC ~8 Zones Note: Figures are rounded to the nearest decimal 24
Slide 25: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 1998 FACILIT Y Key Projects (UAE & Global) ~60,000 Sqm. PRODUCTION ~1.4 Mn Dubai Airport T3 Fairmont Hotel Index Tower Al Ain Stadium Sqm .Annually (UAE) (UAE) (UAE) (UAE) EXPORTS ~20 Countries Nanyang Lyons Langham Palace Nov
Slide 26: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards
Slide 27: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Maher Rabah Group Chief Financial Officer Investor Relations Dubai Investments PJSC Dubai Investments PJSC PO Box 28171 PO Box 28171 Dubai, UAE Dubai, UAE Phone +971 4 8122 400 Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com Email maher@dubaiinvestm
Slide 28: Key Events and Awards
Key Events and Awards Al Mal Capital Emicool becomes an Globalpharma successfully raised active member of the launches UAE made AED 350 million in first Association of hand sanitizer and the initial public District Cooling facemasks under offering (IPO) Operators; supports the brand “GP+” efficient
Slide 29: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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