Robinsons Land Corp. · PSE:RLC
Robinsons Land — Q3 2012 Earnings Presentation
11 slides from Robinsons Land's earnings presentation, Aug 15, 2012
Slide 1: Quarterly Investors' Briefing
QUARTERLY INVESTORS’ BRIEFING 15 August 2012 1
Slide 2: Financial Highlights – 3Q FY2012
FINANCIAL HIGHLIGHTS – 3Q FY2012 %Total %Total %Total PhP MM REVENUES RLC YoY EBITDA RLC YoY EBIT RLC YoY 10,563 100% 10% 5,856 100% 8% 4,260 100% 9% malls offices 5,173 49% 12% 3,710 63% 8% 2,563 60% 11% 1,055 10% 8% 1,000 17% 9% 712 17% 5% hotels 1,027 10% 13% 304 5% 10% 171 4% 27% residential 3,3
Slide 3: Strong Balance Sheet Position
STRONG BALANCE SHEET POSITION TOTAL ASSETS (PhP MM) SHAREHOLDER’S EQUITY (PhP MM) 45,686 69,785 65,119 53,101 39,037 27,737 FY10 FY11 3QFY12 FY10 FY11 3QFY12 RETURN ON EQUITY CURRENT NET DEBT TO EQUITY 34% 13% 10% 10% 15% 9% FY10 FY11 FY12* FY10 FY11 3QFY12 3
Slide 4: Malls division: second largest mall operator in the Philippines
REVENUES +12% Second largest mall operator in 5,173 the Philippines with 32 malls 4,609 Opened 32nd mall, Robinsons Magnolia last 13 August 2012 868,000 sqm gross leasable space as of June 30, 2012 3QFY11 3QFY12 95.0% latest occupancy EBITDA +8% Steady same mall revenue growth of 8% 3,439 3,710 3QFY
Slide 5: Offices division: leading BPO office space provider
REVENUES +8% One of the Philippine’s leading 976 1,055 BPO office space provider with 193,000 sqm net leasable space Total occupancy for 8 completed buildings is 99% 3QFY11 3QFY12 We continue to be a leading EBITDA provider of office spaces to +9% BPOs in the Philippines, with 78% of our office buil
Slide 6: Hotels Division
HOTELS DIVISION REVENUES EBITDA EBIT +13% +10% 912 1,027 304 +27% 276 171 134 3QFY11 3QFY12 3QFY11 3QFY12 3QFY11 3QFY12 Occupancy Rate 73% 78% 73% 82% 87% 75% 59% 53% 39% 43% 3QFY113QFY12 3QFY113QFY12 3QFY113QFY12 3QFY113QFY12 3QFY113QFY12 6
Slide 7: Residential Division – Sales Take-Up
RESIDENTIAL DIVISION SALES TAKE-UP 4,331 454 3,501 903 561 668 2,117 1,721 858 551 3QFY11 3QFY12 Net pre-sales at PhP3.5B, 24% lower than same period last year Launched 5 projects in 3QFY12 • Residences - Woodsville Residences Phase 2 • Communities - Escaldes East Tower • Homes - Grand Tierra Phase
Slide 8: Residential Division – Realized Revenues
RESIDENTIAL DIVISION REALIZED REVENUES +6% 3,308 3,111 330 409 406 481 1,646 1,809 654 684 3QFY11 3QFY12 Realized Revenues increased by 6% to PhP 3.31B EBIT amounted to PhP 815M EBITDA amounted to PhP 842M 8
Slide 9: Capital Expenditure and Landbank
CAPITAL EXPENDITURE AND LANDBANK CAPITAL EXPENDITURE 13,433 13,000 3,439 Investment Capex 6,820 Development Capex 3,732 Land Acquisition 7,026 6,227 1,741 4,101 3,870 2,780 6,262 2,270 1,706 2,310 655 FY2009 FY2010 FY2011 FY2012 LANDBANK as of 30 June 2012 SUMMARY Area (has.) ESTIMATED VALUE PhP B M
Slide 10: Moving Forward – Future Plans & Strategies
MOVING FORWARD – Future Plans & Strategies +11% +41% +12% 273,000 1,011,000 813,000 813,000 911,000 194,000 193,000 Net Gross Leasable Leasable Area Area FY2010 FY2011 FY2012 FY2013 FY2011 FY2012 FY2013 2 New Office Buildings Top 3 Malls 3 New Malls 4 New Malls Cyberscape Alpha Re-developed 2 Mall E
Slide 11: End of Presentation – Thank You
END OF PRESENTATION Thank You 11