Bursa Malaysia Bhd. · MYX:BURSA
Bursa Malaysia Bhd — Quill Capita Trust — Q3 2011 Earnings Presentation
21 slides from Bursa Malaysia Bhd's earnings presentation, Nov 3, 2011
Slide 1: 3rd Quarter 2011 Financial Results
3rd QUARTER 2011 FINANCIAL RESULTS 3 November 2011
Slide 2: Contents
Contents • Financial Results • Portfolio Update • Conclusion 2 Quill Capita Trust Presentation *November 2011*
Slide 3: Important Notice
Important Notice This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for units in QCT. The past performance of QCT is not necessarily indicative of the future performance of QCT. This presentation may contain forward-looking stat
Slide 4: Financial Results
Financial Results 4 Quill Capita Trust Presentation *November 2011*
Slide 5: Summary of Profit & Loss
Summary of Profit & Loss (Unaudited) (RM’000) 3Q 2011 Total Gross Revenue 17,630 Total Operating Expenses (2,793) Net Property Income 14,837 Interest Income 181 Net Investment Income 15,018 Interest and Other Expenses (5,619) Income Before Taxation 9,399 Net Income 9,399 5 Quill Capita Trust Present
Slide 6: 3Q 2011 – EPU increased by 8.6%
3Q 2011 – EPU increased by 8.6% (Unaudited) (Unaudited) (RM’000) Variance 3Q 2010 3Q 2011 Gross Revenue 17,389 17,630 +1.4% NPI¹ 13,378 14,837 + 10.9% Net Income ² 8,677 9,399 +8.3%* EPU ³ 2.22 sen 2.41 sen +8.6%* 4 1 NPI refers to Net Property Income 2 Net Income (excluding unrealised income) 3 EPU
Slide 7: YTD 2011 – YTD EPU increased by 7.3%
YTD 2011 – YTD EPU increased by 7.3% (Unaudited) (Unaudited) (RM’000) Variance YTD 2010 YTD 2011 Gross Revenue 51,927 52,757 +1.6% NPI¹ 39,679 41,926 + 5.7% Net Income ² 24,452 26,250 +7.3% EPU ³ 6.27 sen 6.73 sen +7.3% 4 1 NPI refers to Net Property Income 2 Net Income (excluding unrealised income)
Slide 8: Total Assets – RM838.68 million, NAV per unit – RM1.2798
Total Assets – RM838.68 million NAV per unit – RM1.2798 (Audited) (Unaudited) (Unaudited) (Unaudited) as at as at as at as at 31 Dec 10 31 March 11 30 Jun 11 30 Sept 11 (RM’000) (RM’000) (RM’000) (RM’000) Non Current Assets 810,174 810,081 810,369 810,516 Current Assets 33,383 27,115 36,042 28,164 T
Slide 9: Stable Financial Indicators
Stable Financial Indicators (Audited) (Unaudited) (Unaudited) (Unaudited) as at as at as at as at 31 Dec 10 31 March 11 30 Jun 11 30 Sept 11 (RM’000) (RM’000) (RM’000) (RM’000) Total Debts 304,116 305,185 304,288 305,346 Gearing Ratio (x)¹ 0.36x 0.36x 0.36x 0.36x Net Debt as % of EBITDA 6.15x 6.41x
Slide 10: Current Debt Profile – Secured Financing Ahead of Maturity
Current Debt Profile – Secured Financing Ahead of Maturity New RM118 mil CPs will be issued on 30 Nov 11 % of Debt 38% 38% CPs RM118m MTN RM130 RM117m CPs RM118m RM117m RM60m CP MTN 20% MTN RM60m TL TL / MTN MTN RM72.2m RM72.2m 4% 0% 0% RM12m CP 2011 2012 2013 2014 2015 2016 As at 30 Sept 2011, tota
Slide 11: Debt Profile – After 30 November 2011
Debt Profile – After 30 November 2011 % of Debt 42% 38% CPs RM130m RM118m MTN RM117m 20% RM117m CPs MTN RM60m No debt MTN maturing in 2012 RM60m TL TL / MTN MTN RM72.2m RM72.2m 0% 0% 0% 2011 2012 2013 2014 2015 2016 11 Quill Capita Trust Presentation *November 2011*
Slide 12: Low Interest Rate Risk
Low Interest Rate Risk As at 30 September 2011 Floating Rate 4% Fixed Rate 96% 12 Quill Capita Trust Presentation *November 2011*
Slide 13: Portfolio Update
Portfolio Update 13 Quill Capita Trust Presentation *November 2011*
Slide 14: Portfolio of Quality Assets
Portfolio of Quality Assets Quill Building 1 Quill Building 4 Quill Building 2 Quill Building 3 Quill Building 5 - DHL 1 - DHL 2 - HSBC - BMW - IBM Part of Plaza Wisma Technip Quill Building 10 Quill Building 8 TESCO Building Penang Mon’t Kiara - HSBC (S13) - DHL (XPJ) 10 Properties worth RM809.5 mi
Slide 15: Geographical Diversification
Geographical Diversification By Valuation 10 properties well spread over Cyberjaya, Kuala Lumpur, Selangor and Penang. Klang Valley 39% Cyberjaya 44% Other Klang Valley ¹ Area 6% Penang 17% Mont' Kiara 14% Penang 17% Kuala Lumpur city Cyberjaya, Selangor centre 44% 19% Notes: (1) Other Klang Valley
Slide 16: Diversified Segmental Contributions
Diversified Segmental Contributions By Valuation Office Other Commercial 66% Building 4% Car Park 6% Retail Assets 24% Notes: (1) Office comprises Quill Buildings (excluding Quill Building 8-DHL (XPJ) at Glenmarie, Shah Alam) and Wisma Technip (2) Retail Assets refers to retail portion of Plaza Mont
Slide 17: Well Balanced Tenancy Mix
Well Balanced Tenancy Mix Government By NLA Linked Office IT/ Electronics 1.5% 9.4% Retail 21.9% Oil & Gas 18.5% Property / Construction 5.8% Banking 20.1% Logistics Automotive 20.0% 2.8% 17 Quill Capita Trust Presentation *November 2011*
Slide 18: Lease Renewal Profile
Lease Renewal Profile Lease Up for Renewal by NLA as at 3 Nov 2011 39% 29% 25% 7% 0% 2011 2012 2013 2014 2015 & Beyond 18 Quill Capita Trust Presentation *November 2011*
Slide 19: Conclusion
Conclusion 19 Quill Capita Trust Presentation *November 2011*
Slide 20: In Summary
In Summary 3Q 2011 : Positive Quarter EPU increased by 8.6% as compared to 3Q2010. Net income is higher due mainly to higher rental income contribution from the properties and lower property operating expenses. Secured commitment for new RM118 million CP to redeem the existing RM118 million CP
Slide 21: Thank You
Thank You For enquires, please contact: Ms Corinne Tan Ms Yong Su-Lin Ms Joyce Loh (General Line: 603-27888188) (Fax : 603-27888199) 21 Quill Capita Trust Presentation *November 2011*