Texaf Sa · EURONEXT:TEXF
Texaf Sa — KBC Securities Real Estate Conference 2021
20 slides from Texaf Sa's conference presentation, Mar 10, 2021
Slide 1: Your Partner for Congo – KBC Securities Real Estate Conference
YOUR PARTNER FOR CONGO KBC SECURITIES REAL ESTATE CONFERENCE MARCH 10TH 2021
Slide 2: Texaf in a Nutshell
SS TeExXAF TEXAF IN A NUTSHELL 100 % D.R. Congo 90% Real Estate Rentals in Kinshasa 10% Industry Sandstone Quarry Digital Silikin Village = Recurring revenues (2020) :€ 22 m = Recurring EBITDA (2020) :€ 11m = 153 people = Market Cap: € 123m TEXAF YOUR PARTNER FOR CONGO
Slide 3: The Business Model
THE BUSINESS MODEL RENTAL INCOME
Slide 4: The Business Model
TexAF THE BUSINESS MODEL EBITDA of REAL ESTATE (ex taxes) as a % of RENTAL INCOME 80% 75% 74% 70% 65% 60% 55% 50% Financial Debt* % 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 45.4 % of total assets 10,0% 8,0% 6,0% 4,0% 1.8% 2,0% 0,0% 2015 2016 2017 2020 -2,0% -4,0% -3
Slide 5: Sandstone Quarry
SANDSTONE QUARRY SALES (Tons)
Slide 6: Texaf Digital
TEXAF DIGITAL SILIKIN CAMPUS 700 sqm incubator & coding school
Slide 7: Real Estate: Location, Location, Location
REAL ESTATE : “LOCATION, LOCATION, LOCATION” PETIT PONT COTEX KINSHASA UTEXAFRICA 55ha
Slide 8: Real Estate: Occupancy
REAL ESTATE : 2014 2015 2016 2017 2018 2019 2020 Occupancy 99,5% 100,0% 95,9% 97,6% 98.2% 98,7% 90,0%
Slide 9: Real Estate: Residential
TEXAF YOUR PARTNER FOR CONGO.
Slide 10: Real Estate: Professional
Texar _ REAL ESTATE : PROFESSIONAL | ai ™~ NS a0 ~ - ae Ban /. ne ee ill one / — A ei 23.000 sqm offices - a a 3.000 sqm retail a. ; 25.000 sqm industrial YOUR PARTNER FOR CONGO
Slide 11: Real Estate: Full Service
REAL ESTATE : FULL SERVICE Agent: Alain intervention: Magritte 4 TEXAF YOUR PARTNER FOR CONGO.
Slide 12: Real Estate: Residential Projects
REAL ESTATE : RESIDENTIAL PROJECTS 2003-2005 2010-2013 2013-2015 2015-2016 2017-2018 2019-2021
Slide 13: Potential of the Utexafrica Compound
POTENTIAL OF THE UTEXAFRICA COMPOUND 700 residential units 40.000 sqm offices
Slide 14: Example of Residential Project
EXAMPLE OF RESIDENTIAL PROJECT PROMENADE DES ARTISTES 90 APARTMENTS
Slide 15: Potential of the Cotex Compound
POTENTIAL OF THE COTEX COMPOUND 15.000 sqm retail 40.000 sqm offices, apartments or hospital Silikin Village
Slide 16: Potential: Kinsuka Project
POTENTIAL : KINSUKA PROJECT 1.500 residential units & 40.000 sqm offices, municipal buildings, retail & education
Slide 17: Potential: Kinsuka Project
POTENTIAL : KINSUKA PROJECT Energy efficient housing
Slide 18: Real Estate: Valuation Estimate
REAL ESTATE : VALUATION ESTIMATE
Slide 19: Return for Shareholders
RETURN FOR SHAREHOLDERS in EUR 2014 2015 2016 2017 2018 2019 2020 Gross dividend per share 0,48 0,58 0,69 0,81 0,97 1,15714 1,28571 Net dividend per share 0,36 0,42 0,48 0,57 0,68 0,81 0,90 Total gross dividend 1.700.976 2.038.839 2.429.965 2.885.599 3.442.451 4.100.567 4.633.118 Growth 33,3% 19,9%
Slide 20: www.texaf.be
SA. TEXAF www.texaf.be