Alliance Global Group Inc. · PSE:AGI
Alliance Global — FY2011 Earnings Presentation
20 slides from Alliance Global's earnings presentation, 2012
Slide 1: Alliance Global Group, Inc. FY 2011 Results
Alliance Global Group, Inc. FY 2011 Results 1
Slide 2: Financial highlights
Financial highlights Revenue Net income CAGR: 27.2% 49% increase Net income CAGR: 38.4% Net to AGI CAGR: 46.4% 55% increase 66,097 14 744 14,744 44,495 9,497 36,109 38,843 30,451 6,808 11,612 6,106 5,033 19 867 19,867 2 905 2,905 6 909 6,909 3,909 4,796 3,293 1,729 2,588 3,136 1,176 1,740 2,197 2,01
Slide 3: Solid balance sheet
Solid balance sheet Debt profile Capitalization ratio 14% 22% 24% 27% 41% 37% 47,264 49,148 44,024 40,154 31 145 31,145 86% 27,602 78% 76% 73% 24,067 59% 63% 19,213 13,055 13,768 8,400 7,168 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 Debt Cash Debt Equity q y Source: Company informa
Slide 4: Compelling revenue and net income growth
Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 38.4% CAGR: 327.2% CAGR: 29.9% Net income to AGI CAGR: 46.4% 66,097 19,608 14,744 44,495 38 843 38,843 12 898 12,898 36,109 9,497 10,469 30,451 9,555 6,808 11,608 8,087 19,867 6,106 5 033 5,033 6,909 5 295
Slide 5: FY 2011 Results
FY 2011 Results
Slide 6: Revenue Breakdown
Revenue Breakdown FY 2011 FY 2010 Real Estate R t l IIncome Rental Real Estate Rental Income 67% 13% 75% 13% Hotel Operations Hotel Operations 1% 1% Interest & Other Interest & Other 19% 11% (in Php thousands) FY 2011 % Change FY 2010 Real Estate Revenues 19,076,554 24% 15,399,973 Rental Income 3 82
Slide 7: Revenues
Revenues (in thousands) FY 2011 % Change FY 2010 Real Estate Sales 15,887,591 21% 13,110,567 Interest Income on Real Estate Sales 1,218,789 31% 933,424 Realized GP 1,970,174 45% 1,355,982 Real Estate Revenues 19,076,554 24% 15,399,973 Rental Income 3,826,341 42% 2,694,311 Hotel Operations p 392,171
Slide 8: Income Statement
Income Statement (in Php thousands) FY 2011 FY 2010 % Change Real Estate Sales 15,887,591 13,110,567 21% Interest Income on Real Estate Sales 1 218 789 1,218,789 933 424 933,424 31% Total Real Estate Sales 17,106,380 14,043,991 22% Cost of Real Estate Sales 10,157,277 , , 8,606,699 , , 18% Gross Pro
Slide 9: Margin Calculation
Margin Calculation (in Php thousands) FY 2011 FY 2010 % Change Real Estate Sales 15,887,591 13,110,567 21% Interest Income on Real Estate Sales 1,288,507 1,376,762 -6% 6% Total Real Estate Sales 17,176,098 14,487,329 19% Cost of Real Estate Sales 10,157,277 8,606,699 18% Gross Profit on Real Estate
Slide 10: Solid Balance Sheet
Solid Balance Sheet (in Php millions) Net Cash Position 35 000 35,000 30,234 30,000 25,000 20 876 20,876 22,032 20,707 20,000 16,908 15,856 15,000 12,325 9 952 9,952 10,000 5,000 0 FY 2008 FY 2009 FY 2010 FY 2011 Debt Cash 10
Slide 11: Real Estate Sales: MEGA Projects Driving Growth
Real Estate Sales (in Php) FY 2011 % of Sales FY 2010 % of Sales EASTWOOD CITY 1,451,852,506 9% 1,611,164,074 12% FORBES TOWN CENTER 855,655,099 5% 631,295,783 5% MCKINLEY HILL 2 000 368 816 2,000,368,816 13% 1 583 797 585 1,583,797,585 12% MCKINLEY WEST 2,345,335,296 15% 1,977,979,042 15% NEWPORT C
Slide 12: Strong growth rental income portfolio
Strong growth rental income portfolio Increasing rental income (PHPm) Office 4500 3826 381,000 sqm of leasable office space at 4000 3500 CAGR: +39% year‐end 2011 3000 2694 99% occupancy rate 2500 2000 78,000 sqm additional office 2000 developments planned in 2012 1500 1301 932 – Techono Plaza
Slide 13: Emperador Distillers, Inc.
EMPERADOR DISTILLERS, INC.
Slide 14: Robust financial performance
Robust financial performance Growing Revenues Gross profit and margin 17,350 33.9% 33.5% 4 445 4,445 30.8% 26.2% 26.2% 25.6% 2,817 8,420 2,412 7,117 1,711 5,551 5,473 1,128 1,457 4 298 4,298 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 EBITDA and margin Net income and margin 18.2% 19.
Slide 15: Travellers International
AN FT TRAVELLERS ——TNTERNATIONAL 15
Slide 16: RWM Quarterly Performance
RWM Quarterly Performance *4Q2011 is net of Php 1.2 billion interest rate swap liability provision
Slide 17: RWM Quarterly Performance: Daily Visitors per Quarter
RWM Quarterly Performance Daily Visitors per Quarter 22,000 (+21%) 20,000 18,000 (+1%) (+6%) (+19%) 16,000 (+30%) 14,000 12,000 (+42%) 10,000 (+15%) 8,000 6,000 , 4,000 2,000 ‐ 1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 Avg. Daily Visitors 5,966 6,880 9,775 12,747 15,135 15,250 16,141 19,568
Slide 18: RWM Quarterly Performance: Quarterly EBITDA
RWM Quarterly Performance Quarterly EBITDA P'M 3,000 2,708 2 711 2,711 2,500 2,157 2,000 1 694 1,694 1,347 * 1,417 1,500 1,038 1,000 812 500 ‐ Q1 '2010 Q2 '2010 Q3 '2010 Q4 '2010 Q1 '2011 Q2 '2011 Q3 '2011 Q4 '2011 EBITDA Growth 28% 30% 5% 20% 27% 26% 0.1% * Q3 2010 is net of adjustment made for the
Slide 19: Golden Arches Development Corporation
— oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION
Slide 20: Strong rebounding profit and margins
Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 12.6% CAGR: 16.7% 24.6% 23.8% 23.1% 11,908 19.4% 21.5% 19.5% 2 753 2,753 11 023 11,023 2 618 2,618 Margins 2,347 9,542 8,378 7,407 1,595 1,631 6,570 1,272 2006 2007 2008 2009 2010 2011 2006 2007 2008 2009 2010 2011 E