Pt Summarecon Agung Tbk · IDX:SMRA
Pt Summarecon Agung Tbk — Investor Presentation (August 2022)
29 slides from Pt Summarecon Agung Tbk's investor presentation, August 2022
Slide 1: Content
a PT SUMMARECON AGUNG Tbk Content August 2022 a A. Company Profile F. + Corporate Information, Shareholders + Management Team + Principal Business Activities + Project Locations + Landbank & Projected Acquisitions B. Property Development + Marketing Sales by Locations & Product Type + Product Price
Slide 2: A. Company Profile: Corporate Information
summarecon Wonderful Lite « Wondertul World want A. Company Profile CORPORATE INFORMATION Incorporated : 26/Nov/1975 Listing Date : 7/May/1990 IPO Price: Rp 680 /Share Ticker : SMRA:1J Share Value (Nominal) : Rp 100 /Share Total Shares Issued : 16,508,568,358 Share Capital : Rp 1,651 bn Share Price
Slide 3: Management Team and Principal Business Activities
MANAGEMENT TEAM (Boards of Commissioners & Directors) Seated (L-R) : Nanik Widjaja (D-Corporate Services), Adrianto P. Adhi (President Director), Liliawati Rahardjo (Managing Director), Soetjipto Nagaria (President Commissioner), Ge Lilies Yamin (C-Independent), Lydia Tjio (D-Finance) Standing (L-R)
Slide 4: Project Locations (Townships)
PROJECT LOCATIONS (TOWNSHIPS) All projects are in high density locations with upper-strata economic wealth Metropolitan Jakarta (JABODETABEK) Location / (Population Ranking based on 2020 Census of 100 cities) 1. Kelapa Gading, North Jakarta 2. Serpong, South Tangerang, Banten (14* /Jargest) 3. Bekas
Slide 5: Property Development: Marketing Sales by Location & Product Type
summarecon Wonderful Lite « Wondertul World B. Property Development Property Development : Marketing Sales by Location & by Product Type 2021A 2022T Marketing Sales by Location _ SALES paki 7 oe _—_ = LOCATION YoY 5% 22% 5.000 = 4.000 -——— ——— 5 Total ‘3,561 3,398 4,132 3,304 5,242 5,000 2,728} = 3.
Slide 6: Product Price Range & Customer Payment Profile
Property Development : Product Price Range & Customer Payment Profile Marketing Sales by Product Price Range 6.000 20198 2020A 20198 20208 5.000 + 2017A = 2018A 2021A 20224 Customer Payment Profile 2 2017A 2018A 2021A 2022A 2017 | 2018 | 2019A | 2020A | 2021A | 2022A PRODUCT PRICE RANGE bn = Rp’bn_—
Slide 7: Summarecon Kelapa Gading
Property Development : Summarecon Kelapa Gading (in Greater Jakarta) Project | Product Name — 1st Launch | Completion Lid = 7 ey Rp'bn Rp'bn Rp'bn Rp'mn Kensington Royal Suites [A-C] Apartment Sep-14 Sep-18 1,475 (1,338) 137 453 (411) 42, 3,256 91% Kensington Royal Suites [D] Apartment Apr-15 Apr-19
Slide 8: Summarecon Serpong
Property Development : Summarecon Serpong (in Greater Jakarta) O D Oo OME ONGO PRO o od pe Date Date ota old Ba Total Sold Bal aus Rp'bn Rp'bn Rp'bn Rp'mn The Springs Goldfinch [Ext] House Mar-15 Mar-17 81 (73) 8 20 (18) 2 4,050 90% Flamingo [Ext] House Agu-17 Agu-19 452 (303) 149 152 (102) 50 2,974
Slide 9: Summarecon Bekasi
Property Development : Summarecon Bekasi (in Greater Jakarta) O ) O OME ONGO PRO ° _ pe Date Date ota old Ba Total __ Sold Bal a Rp'bn Rp'bn Rp'bn Rp'mn SpringLake [D] Apartment Jul-14 Jul-18 379 (365) 14 778 (749) 29 487 96% SpringLake View [E] Apartment Agu-15 Agu-19 384 (302) 82 856 (673) 183 449
Slide 10: Summarecon Bandung
Property Development : Summarecon Bandung (in West Java) Sipe | Goats 7a 1st Launch | Completion Novot ns ou elec Rp'bn Rp'bn Rp'bn Rp'mn Emily House Nov-19 Mei-22 588 (509) 79 141 (122) 19) 4,170 87% Flora House Sep-20 Mar-23 712 (580) 132 405 (330) 75, 1,758 81% Xandari * Landplot Nov-21 Nov-24 24
Slide 11: Summarecon Bogor
Property Development : Summarecon Bogor (in Greater Jakarta) i Development Value No. of Units y Project | Product Name Product 1st Launch | Completion P' % sold Type Total Sold (Value) Rp'bn Rp'bn Rp'bn Rp'mn Mahogany House Oct-20 Apr-23 563 (563) oO 321 (321) } 1,754 100% Mahogany Island Landplot O
Slide 12: Investment Property: Shopping Malls
summarecon Wonderful Life - Wondertul World C. Investment Property D. Hospitality Business E. Leisure, Education & Others gq INVESTMENT PROPERTY : Shopping Malls At present, Summarecon owns and operates 3 shopping malls with total GFA of more than 300,000 m2, generating significant recurring revenue
Slide 13: Investment Property: Shopping Malls
INVESTMENT PROPERTY : Shopping Malls SHOPPING MALL | Average Rent | Service Charge No. of Visitor Traffi Occupancy (Meet GOI m2 / Month m2 / Month UCHETIUS Pax / Year Summarecon Mall Kelapa Gading 150,000 m? 112,000 m2? 91% Rp 330,000 _—Rp 112,000 50% ~600+ FY-2021* 12.0Mn FY-2020* 12.0 Mn ‘Summarec
Slide 14: Leisure, Education & Others
¢ LEISURE, EDUCATION & OTHERS | __—Education The leisure and education business units provide important complementary facilities to support each township, while simultaneously generating recurring income. In 2020 and 2021, the operations were affected (ee under Covid-19 regulations wherein individua
Slide 15: Financials: Consolidated
FINANCIALS : Consolidated CONSOLIDATED FINANCIAL YEAR ENDE! ist 2 Yrs INCOME STATEMENTS Varionce REVENUE 5,641 5,661 5,942 5,030 5,568 11% 2,459 2,729 11% GROSS PROFIT 2,803 2,953 3,047 2,502 2,801 12% 1,290 1,549 20% OVERHEADS (1,127) (1,103) _ (1,180) (950) (980) (445) (520) - Selling Expense (339
Slide 16: Financials: EBITDA Business Segment
Financials : EBITDA Business Segment FINANCIAL YEAR ENDED: Last 2 Yrs EBITDA 1,676 1,850 1,867 1,552 1,822 17% 845 1,029 22% Property Development (PDV) 861 931 885 1,267 1,446 14% 645 637 -1% Investment Property (IVP) 743 785 865 341 410 20% 220 410 87% Leisure & Hospitality (L&H) 17 87 78 (12) 12 -
Slide 17: Income Statement Property Development Business
Financials : Income Statement Property Development Business INCOME BY BUSINESS SEGMENT PROPERTY DEVELOPMENT — FINANCIAL YEAR ENDED: Last 2 Variance PERIOD ENDED: | vanane | REVENUE 3,603 3,436 3,617 3,670 4,148 = 13% 1,749 1,743 “te bi Houses 810 1,823 2,228 1,991 «2,723 37% 1,212 813 -33% Improved
Slide 18: Property Development Business (By Location)
Financials : Property Development Business (By Location) SED GRAEH IECERIBON Variance Ro'bn Rp'bn Rp'br Rp Rp'br Rp'bn Rp'bn REVENUES 3,603 3,436 3,617 4148 13% 1,749 1,743 SKLG Kelapa Gading 522 287 251 680 247 -64% 7 86 21% SSPG Serpong 2,344 1,997 1,313 1,463 2,243 53% 1114 950 -15% SBKS Bekasi 5
Slide 19: Income Statement Investment Property Business
Financials : Income Statement Investment Property Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDED: Last 2 Yrs Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 1,400 1,492 1,599 894 918 3% 467 682 Mall & Retail properties 1,330 1,414 1,521 817 835 2% 428 635 Office properties 27 31 29 27 27
Slide 20: Income Statement Leisure & Hospitality Business
Financials : Income Statement Leisure & Hospitality Business INCOME BY BUSINESS SEGMENT FINANCIAL YEAR ENDED: st 2 Yrs. Dec/2021 Vi ce PERIOD ENDED: Variance Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn REVENUE 354 422 423 153 183 20% 88s 130 47% Leisure 71 77 75 27 35 32% 18 22 21% Hospitality (Hotels
Slide 21: Balance Sheet Summary
Financials : Balance Sheet Summary SUMMARY CONSOLIDATED BALANCE SHEETS FINANCIAL YEAR ENDED: Dec/2017 | Dec/2018 | Dec/2019 | Dec/2020 | Dec/2021 Variance Last 2 Yrs | _PERIODENDED: _| Jun/2021 Jun/2022 Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Rp'bn Cash & Cash Equivalents 1,474 1,534 1,664 1,656 2,774 6
Slide 22: Non-land Capital Investments
Non-land Capital Investments NON-LAND Indicative CAPITAL INVESTMENTS LAE inetd neers) Rp'bn Rp'bn Rp'bn Rp'bn Summarecon Villaggio Jakarta Luxury Outlet 1Q 2023 160 30 110 20 Summarecon Mall Bandung 4Q 2023 130 25 95 10 290 55 205 30 Summarecon Villaggio Jakarta Luxury Outlet will be the first retai
Slide 23: Our Business Model
¢ Our Business Model Build Integrated Townships with both residential and commercial complexes, and associated infrastructure like roads, water treatment plants for potable water supply, drainage and sewage facilities, energy distribution, education institutions, hospitals, retail centers, places of
Slide 24: Outlook for the Year
gq Outlook for the Year @M The pandemic is the biggest uncertainty on the horizon, reinforced by the surfacing of the Omicron variant, for instance, and the likelihood of more variants. Whilst the endgame of the pandemic is very uncertain, we assume that the world is entering a stage where the pande
Slide 25: To contact us / Disclaimer
To contact us. Investor Relations Jemmy Kusnadi Corporate Secretary / Head of Investor Relations jemmy@summarecon.com Michael Yong Finance Advisor michaelyong@summarecon.com PT Summarecon Agung Tbk Plaza Summarecon, JI. Perintis Kemerdekaan No. 42 Jakarta 13210, Indonesia Tel : + 62 21 4714567, Fax
Slide 26: Pernyataan Sanggahan
Pernyataan Sanggahan Presentasi ini disiapkan oleh PT Summarecon Agung Tbk (“Perusahaan”) untuk tujuan informasi saja dan tidak boleh dianggap sebagai penawaran atau ajakan untuk membeli atau memiliki berbagai jenis surat berharga Perusahaan. Dokumen yang telah disiapkan dan disediakan ini bersifat
Slide 27: A Typical Residential Product (sample)
¢ A Typical Residential Product (sample) Feta Oevnionest | ‘A. Bursa Mobil Summarecon Serpong 8. Area Komersial& Bisnis C. Universitas Multimedia Musantara D. Scientia Square ~ Suimmarecon Digital Center Scientia Residences stant avo Gneen eanonnwent Scientia Square Park Garden Wath ientia €. Scions
Slide 28: Marketing Brochure (sample)
Marketing Brochure (sample) Land : 66m2 Land : 77m2 Building GFA : 62 —68 m2 Building GFA : 73 —78 m2 Price : ~Rp 1.1 bn each Price : ~Rp 1.4bn each 55 ¢ Marketing Brochure (sample) bs 1 type-E Paket Pengembangan sie Land / Building Size : Land / Building Size : Land / Building Size : 66 m2 /62 m2 6
Slide 29: End of Presentation
End of Presentation 57
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