Dubai Financial Market (DFM) - PJSC · DFM:DFM
Dubai Financial Market (DFM) - PJSC — Dubai Financial Market PJSC — H1 2019 Earnings Presentation
29 slides from Dubai Financial Market (DFM) - PJSC's earnings presentation, 2019
Slide 1: Dubai Financial Market PJSC Investor Presentation H1 2019
Dubai Financial Market PJSC a Investor Presentation H1 2019 www.dfm.ae
Slide 2: Disclaimer
This Investor Presentation has been prepared by Dubai Financial Market PJSC (“DFM” or the “Company”) for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport
Slide 3: a www.dfm.ae
a Source: DFM analytics. Note: Trading statistics for DFM excludes Nasdaq Dubai. Foreign investors defined as non-UAE investors. 1 Velocity is calculated as annualized trade value / end of period market capitalization. * Excluding one listed ETF. www.dfm.ae
Slide 4: Increasing Rate of Growth
1 2 a 3 4 Increasing Rate of Growth www.dfm.ae
Slide 5: Dubai economy GDP figures
• — • a • • • • GDP Figures might not add up due to rounding. • Source: Dubai Statistics Centre Preliminary Estimates FY 2018. • www.dfm.ae
Slide 6: DFM 2021 Positioning
AAAC OOOE OOC DFM 2021 Positioning Allowing us to play a leading local, regional and global role Embracing a new mission for 2021 will strengthen our leading position in our industry Bringing the highest possible value to the UAE’s economic ecosystem, our stakeholders & our shareholders Strengthenin
Slide 7: DFM Strategic Objectives 2021
DFM IP el gras Promoting happiness and satisfaction of existing and DFM future shareholders as well as Strategic stakeholders Objectives 2021 Sustaining a stable financial performance and diversifying sources of income Cementing DFM’s position as a Smart Borse 5 key strategic objectives Building com
Slide 8: DFM Strategic Programs 2021
DFM Strategic Programs 2021 Om IY sialgysdout WZ FIVE PROGRAMS AIMING AT SUSTAINING A STABLE FINANCIAL PERFORMANCE AND DIVERSIFYING SOURCES OF INCOME INCREASING TRADE VOLUMES (4 ) CJ PROGRAM VIA FULL TRADE CICICI TYPE OFFERINGS = ENHANCING EQUITY LISTING PROGRAM AND SUPERIOR SERVICES —_ =| [ma MAXIM
Slide 9: Post-Trade Functions Development
Post-Trade Functions Development As part of a comprehensive development of the post-trade functions and in line with the international best practices, the DFM PJSC shareholders ratified establishing independent subsidiaries for the clearing & settlement, and the depository businesses. The new compan
Slide 10: a www.dfm.ae
a www.dfm.ae
Slide 11: IPO Advisor Forum
a 2018 2019 IPO Advisor Forum www.dfm.ae
Slide 12: IPO pipeline strategy: sectors mix of Dubai's GDP vs. DFM
DFM’s IPO pipeline strategy aims at a better reflection of Dubai’s GDP mix. Sectors Mix @ Unlike the economy, the DFM market is dominated by the Financial sector and the Real Estate and Construction sector. of Dubai’s GDP vs. ® This represents significant opportunities for DFM as there is a diversif
Slide 13: Issuer Transactions 2000 – 2018
Issuer Transactions a 2000 – 2018 4 www.dfm.ae
Slide 14: a 2018 H1 2019 H1
a 339 394 344 355 323 308 382 260 184 160 151 133 115 32 49 60 25 2012 2013 2014 2015 2016 2017 2018 H1 2019 2011 2012 2013 2014 2015 2016 2017 2018 H1 2019 1,520 642 603 533 461 194 238 203 2012 2013 2014 2015 2016 2017 2018 H1 2019 www.dfm.ae
Slide 15: Exchange comparison
a NYSE 262 Nasdaq US 240 Shenzhen SE 208 Shanghai SE 143 Japan… 80 LSE Hong Kong… Deutsche… NSE India 29 30 22 17 5 Johannesburg… 3 Tadawul 3 Singapore… Moscow… DFM Qatar Stock Exchange www.dfm.ae ADX 2 0.3 0.3 0.2
Slide 16: a FY 2014 H1 2019
– 50% a 44% – FY 2014 H1 2019 – – www.dfm.ae
Slide 17: Increasing Institutional Investor Base
Institutional Trading Share (%) Institutional Ownership (% of Market Cap) Increasing _ 84% Institutional 52% Investor Base _ 70% i | FY 2013 H1 2019 FY 2013 H1 2019 Commentary — The DFM has attracted an increasing institutional investor base, in light of the sound national economy and the continuous
Slide 18: DFM PJSC Stock Trading Activity
DFM all gens DFM PJSC Stock Trading Activity 2013 2014 2015 2016 2017 2018 H1 2019 mu Average Daily Traded Volume (mn) mu Average Daily Traded Value (AED mn) Source: DFM analytics. 17
Slide 19: Financial Highlights
— DFM continues to provide advanced and innovative products/services as part of its strategy to diversify revenue streams and increase non-trading commission income. Recurring Revenue (AED mn) Total Revenue Mix (%) Financial 334.4 Highlights ghlig 187.4 1696 35% ; fo : H1 2019 FY 2018 H1 2018* H1 20
Slide 20: Stable Expense Base
Breakdown in AED mn Total expenses (AED mn) Stable Expense Base @ Interest Expense i Rent gw Maintenance @ Others Depreciation General & Administrative Expenses wi Amortization of Intangible Assets m Payroll & Other Benefits H1 2018 H1 2019* Note: Consolidated expenses; some figures & percentages mi
Slide 21: Dividend Payout and Selected Balance Sheet Items
Dividend Dividends (AED mn) Selected Balance Sheet Items Payout pividend 0.05 0.07 0.05 0.05 (AED mn) FY 2018 H1 2019 560 (AED) Investment Deposits 2,830 2,926 400 Financial Assets Measured at . Fair Value & Amortised Costs 938 920 Goodwill 2,879 2,879 2013 Other Intangible Assets 2,147 2,118 Divide
Slide 22: Strong Balance Sheet with Significant Financial Assets
Main Financial Assets Main Financial Assets Breakdown H1 2019* (AEDm) H1 2019 Strong Balance Ceo Manages _estment Cash and ° jl Cash Sheet with Funds, in Sukuk, 8.8% Equivalents 6.0% Sign ificant investment Deposits Financial investment IN Less than 3 Month: 400 A : Assets ess than 3 Months in Equit
Slide 23: Strong Track Record of Issuers Dividend Management
Issuers Dividends (AED bn) Strong Track Record of Issuers Dividend 15.9 133 12.3 Management 2.2 os 141 14 ee | i 2010 2011 2012 2013 2014 2015 2016 2017 2018 = =YTD Jun- 19 DFM managed 100% of issuers dividends, majority of which were paid electronically. LA] 22 prererrs ‘www.dim.ae
Slide 24: Appendices
a APPENDICES www.dfm.ae
Slide 25: Profit & Loss
H1 2018 Trading Commission Fees 1382 836 623 Brokerage Fees 216 108 9.4 Clearing, Settlement and Depositary Fees 260 233 130 Listing and Market Data Fees 95 48 48 Other Fees 19 43 46 DEM Consolidated Investment Income 1298 691 75h P. & L ‘Other Income 14 15 Ot Total Income 334.4 187.4 169.6 Payroll
Slide 26: ADX DFM Nasdaq Dubai
a ADX DFM Nasdaq Dubai www.dfm.ae
Slide 27: a www.dfm.ae
a • • 26 www.dfm.ae
Slide 28: Investor Relations Contacts
Investor Relations Contacts For additional Investor Relations information: Investor Relations Website: www.dfm.ae/dfm-investor-relations Investor Relations Contacts: Haneen Nashashibi Areej Al Saeed Head of Investor Relations Manager Chairman's Office Tel: +971 4 305 5650 Tel: +971 4 305 5607 IR@dfm
Slide 29: Disclaimer and Contact Us
Disclaimer: Contact Us: The information provided in this document (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Infor
Dubai Financial Market PJSC — H1 2019 Earnings Presentation on 6ix