Sonida Senior Living, Inc. · NYSE:SNDA
Sonida Senior Living — Capital Senior Living — Investor Presentation (March 2012)
20 slides from Sonida Senior Living's investor presentation, Mar 8, 2012
Slide 1: Capital Senior Living Corporation
Capital Senior Living Corporation
Slide 2: Forward-Looking Statements
Forward-Looking Statements The forward-looking statements in this presentation are subject to certain risks and uncertainties that could cause results to differ materially, including, but not without limitation to, the Company's ability to complete the refinancing of certain of our wholly owned comm
Slide 3: Investment Highlights
Investment Highlights Value leader in providing quality seniors housing and care at reasonable pricesIndustry enjoys favorable demographic and supply/demand trendsSubstantially all private pay and need-driven business with strong cash flow generationImproving occupancy and revenue growthExecuting on
Slide 4: Company Overview
Company Overview Capital Senior Living operates 85 communities in geographically concentrated regions with the capacity to serve 12,000 residents CA. 408 AR. 173 AZ. 189 CT. 178 FL. 226 IA. 122 IL. 650 IN. 1,475 KS. 169 LA. 136 MI. 346 MN. 173 MO. 348 MS. 143 NC. 593 SC. 614 NE. 599 NJ. 98 NY. 387 O
Slide 5: Resident Demographics at CSU Communities
Resident Demographics at CSU Communities Average age of resident: 85 yearsAverage age of resident moving in: 82 yearsAverage stay period: 2-3 yearsPercent of female residents: 80%Resident turnover is primarily attributed to death or need for higher care 5
Slide 6: The Capital Advantage: Senior Living Options - Independent Living
The Capital Advantage: Senior Living Options Average 121 units per IL community with large common areas and amenitiesSupportive services, wellness programs, social, recreational, and educational eventsAverage monthly rate of $2,380100% private payAverage length of resident stay is 34 months Independ
Slide 7: The Capital Advantage: Senior Living Options - Assisted Living
The Capital Advantage: Senior Living Options Average 59 units per AL community 70% of communities offer AL units Assistance with activities of daily living such as medication reminders, bathing, dressing and grooming Average monthly rate of $3,670 Substantially all private pay Average length of resi
Slide 8: The Capital Advantage: Favorable Demographics
The Capital Advantage: Favorable Demographics U.S. population 75+ years old is estimated to grow by 3.5 million from 2009 through 2015Only 1.3 million units serving a population of 18.9 million seniorsCurrent 6.9% penetration rate implies demand growth of 40,000 units per year Current 6.9% penetrati
Slide 9: The Capital Advantage: Favorable Supply - Demand Trends
The Capital Advantage: Favorable Supply - Demand Trends Source: Seniors NIC MAP100 Trends 9 (CHART)
Slide 10: The Capital Advantage: Competitive Strengths
The Capital Advantage: Competitive Strengths Value leader in geographically concentrated regionsExperienced on-site, regional, and corporate managementLarger company economies of scale and proprietary systems that yield operating efficiencies in highly fragmented industryStrong institutional relatio
Slide 11: The Capital Advantage: Strategy
The Capital Advantage: Strategy Focus on our core strengthsMaximize the cash flow generated by our communities and our operationsEnhance geographic concentration and maximize competitive strengths within each of our marketsIncrease levels of care through conversions to AL or MC units and acquisition
Slide 12: 2012 Business Plan
2012 Business Plan Focused on operations, marketing and growth to enhance shareholder value through:Organic growthProactive expense managementAccretive acquisitions and conversionsUtilization of technology 12
Slide 13: 2012 Business Plan: Organic Growth
2012 Business Plan : Organic Growth Increase average rentsEach 3% increase generates $8.5M of revenueImprove occupanciesEach 1% generates $3M of revenue, $2M of EBITDAR and $0.05 per share of CFFOConvert units to higher levels of care Incremental $6M of revenue and $3.6M of EBITDARCash flow enhancin
Slide 14: Operating Performance: Improving Occupancy Trends
Operating Performance 14 14 Improving Occupancy Trends Same Store Communities Financial Occupancy 110 bps occupancy growth since Q2 11
Slide 15: Operating Performance: Revenue and EBITDAR growth
Operating Performance 15 15 Revenue and EBITDAR growth
Slide 16: 2012 Business Plan: External Growth
2012 Business Plan : External Growth Strategic acquisitions of primarily AL communities to enhance geographic concentrations geographic concentrations geographic concentrations (in millions) - Economics from $90.4 million of recently completed acquisitions 16
Slide 17: Income Statement: Q4 Comparison
Income Statement: Q4 11 Comparison Income Statement: Q4 11 Comparison As adjusted in press releases (in millions, except per share) 17
Slide 18: Balance Sheet
Balance Sheet Balance Sheet Balance Sheet As of December 31, 2011 (in millions) 18
Slide 19: Investment Highlights
Investment Highlights Favorable demographics and attractive industry fundamentalsValue leader in geographically concentrated regionsExperienced management team with demonstrated ability to operate, acquire and create valueSubstantially all private pay with minimal federal regulationAccretive acquisi
Slide 20: Capital Senior Living Corporation
Capital Senior Living Corporation
Capital Senior Living — Investor Presentation (March 2012) on 6ix