Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — 9M 2023 Earnings Presentation
30 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2023
Slide 1: Dubai Investments PJSC Investor Presentation 9M 2023
Dubai Investments PJSC For the nine-month period ended 30th September 2023 (“9M 2023”) Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – 9M 2023 Financial Highlights Page 17 Operational Performance by Business Segment – 9M 2023 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 27 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 21.1 billion with c. 15,500 shareholders A Glance at Dubai Investments Shareholders (September 2023) ESTABLISHMENT 11.5% Investment Corp. of Dubai OWNERSHIP TYPE 6.1% In 1995 as an on-shore Publicly li
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 held senior Mr. Khalid Bin Kalban has extensive experience in Manufacturing &
Slide 6: Diversified Portfolio of Assets Across Property, Manufacturing and Investments
Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets AED 21.1 BN 37% 7,878m As at 30th September 2023 Amounts in AED DUBAI INVESTMENTS 19% PARK DEV. COMPANY 23% 4,925m 14.8 2.0 billion 4.3 3,972m TREASURY PORTFOLIO billion billion 10% & OTHER 20% 70% 301m DUBAI
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
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 capital gains Al Mal C
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 250 1,200 0.22 0.20 114.8% 200 1,000 0.17 83.8% 800 0.12 850 150 0.12 0.12 0.12 0.12 0.10 0.10 600 0.08 100 0.07 510 510 486 486 400 425 425 50 340 0.02
Slide 10: Management Summary – 9M 2023 Financial Highlights
Management Summary – 9M 2023 Financial Highlights 10
Slide 11: 9M 2023 – Financial Information
9M 2023 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION (AED’ 000) 9M 2023 9M 2022 (AED’ 000) 30th Sep 2023 31st Dec 2022 30th Sep 2022 9-month period ended 30th Sep Sales of goods and provision of services 870,229 1,126,939 Property, plant and equipment 1,476,904
Slide 12: 9M 2023 – Financial Highlights: Well Capitalized and Profitable Company
9M 2023 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 2,999.2 784.4 817.0 0.19 8.3% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** SHAREH
Slide 13: Key Messages: 9M 2023
Key Messages: 9M 2023 ▪ The Group reported a total income of AED 2,999.2 million for the 9-month period ended 30th Sep 2023 as compared to AED 3,272.4 million during the prior period. This decrease in total income was mainly due to gain on disposal of controlling interest and fair value gain on reta
Slide 14: 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) 701 1,725 211 1,085 983 1,019 1,013 968 218 845 847 761 786 283 305 638 239 225 239 253 234 239 237 267 201 208 209 207 198 198 196 195 170 443 868
Slide 15: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) 26.0 6.5 173.0 ( 2.5 ) 487.8 ( 980.4 ) 1.1 ( 11.5 ) 240.6 89.1 ( 46.2 ) ( 256.7 ) 3,272.4 2,999.2 9M 2022 Sale of goods and Rental income Contract revenue Sale of properties Gain on FV of Gain/loss on FV of Gain on sale of Share of
Slide 16: 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) 22.0 21.9 21.9 21.8 21.9 21.9 22.0 21.9 21.9 21.8 21.9 21.9 20.8 20.5 21.0 20.9 21.1 20.8 20.5 21.0 20.9 21.1 5.0 4.9 4.9 5.5 4.4 4.3 4.4 4.2
Slide 17: Operational Performance by Business Segment – 9M 2023
Operational Performance by Business Segment – 9M 2023 17
Slide 18: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights ▪ The Group reported a total income of AED 1,825.9 million in 9M 2023 Total Income (AED m) from this segment against AED 959.4 million reported during the prior 1,826 period. The increase was largely on
Slide 19: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 934.6 million in 9M Total Income (AED m) 2023, a decrease of AED 342.2 million as compared to the prior 1,312 1,2
Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ Total Income from Investments segment was AED 238.7 million in 9M Total Income (AED m) 2023 as compared to AED 1,036.2 million in the prior period. This 1,036 decrease in t
Slide 21: Management Strategy & Outlook
Management Strategy & Outlook 21
Slide 22: 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 Profitability ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet ▪ Acquire su
Slide 23: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 23
Slide 24: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17.8 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 63% LEASED RESIDENTIAL 98% 27% 9M 2023 RENTAL COMMERCIAL INCOME 621 10% AED million 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 Subsidiaries ESTABLISHED 2006 Key Projects (UAE & Global) FACILIT Y ~45,000 Sqm. of Built-up Area PRODUCTION ~11.3M Lusail Marina Mix 12 The Emirates Towers Heydar Aliyev Cultural Centre Bahrain World Trade Center n Sqm. (9M 23) (Qatar) (UAE) (Azerbai
Slide 26: Danah Bay Al Marjan Island – "Pearl by the Bay"
Danah Bay Al Marjan Island – “Pearl by the Bay” TOTAL PROJECT AREA 90,000 SQM BEACHES 40,000 SQM HOTEL 4-STAR UPPER SCALE LUXURY TOWNHOUSES & VILLAS 26
Slide 27: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 27
Slide 28: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Group Chief Financial Officer Dubai Investments PJSC PO Box 28171 Dubai, UAE Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com www.dubaiinvestments.com Mohammed Al Shamsi Investor Relations Manager Phone +971 4 8122 400 Email mohammed.alshamsi@dubaiin
Slide 29: Key Events and Awards
Key Events and Awards Globalpharma supports DIP goes green with LED DIC successfully Emirates Red Crescent lights retrofit project launched and fully sold Earthquake Relief for saving 700,000 per year first-ever Breakwater Turkey and Syria with villas and exclusive more than 144,000 packs Landside v
Slide 30: 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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