Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — 9M 2022 Earnings Presentation
30 slides from Dubai Investment (p.j.s.c)'s earnings presentation, November 2022
Slide 1: Dubai Investments PJSC Investor Presentation 9M 2022
Dubai Investments PJSC For the nine-month period ended 30th September 2022 (“9M 2022”) Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – 9M 2022 Financial Highlights Page 17 Operational Performance by Business Segment – 9M 2022 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 27 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of c. AED 20.8 billion with c. 15,500 shareholders A Glance at Dubai Investments Shareholders (September 2022) 11.5% ESTABLISHMENT OWNERSHIP TYPE Investment Corp. of Dubai 6.1% In 1995 as an on-shore Publicly li
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has Mr. Khalid Bin Kalban has extensive experience in Manufacturing & Industrial
Slide 6: Diversified Portfolio of Assets Across Property, Manufacturing and Investments
Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets AED 20.8 BN 37% 7,804m As at 30th September 2022 Amounts in AED DUBAI INVESTMENTS 21% PARK DEV. COMPANY 21% 4,508m 14.0 2.2 billion 4.6 4,274m TREASURY PORTFOLIO billion billion 11% 22% & OTHER 67% 299m DUBAI
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
Slide 8: 25+ Years of Building Businesses and Creating Shareholder Value
25+ Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through capital gains EEP(100%
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 160 750 0.12 0.12 0.12 0.12 0.12 140 20.7% 600 0.10 0.10 0.10 120 510 510 486 486 0.08 4.6% 100 425 425 0.08 450 0.08 340 80 319 0.06 300 60 0.04 150 40
Slide 10: Management Summary – 9M 2022 Financial Highlights
Management Summary – 9M 2022 Financial Highlights 10
Slide 11: 9M 2022 – Financial Information
9M 2022 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION Key Contributors (AED’ 000) 9M 2022 9M 2021 Key Contributors (AED’ 000) 30th Sep 2022 31st Dec 2021 30th Sep 2021 9-month period ended 30th Sep Sales of goods and provision of services 1,126,939 1,190,876 Pro
Slide 12: 9M 2022 – Financial Highlights: Well Capitalized and Profitable Company
9M 2022 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 3,272.4 1,204.8 1,488.8 0.35 15.6% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** S
Slide 13: Key Messages: 9M 2022
Key Messages: 9M 2022 ▪ The Group reported a total income of AED 3,272.4 million as compared to AED 2,568.0 million during the prior period. This increase was largely on account of gain on disposal of controlling interest and fair value gain on retained investment in Emirates District Cooling LLC (“
Slide 14: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 1,725 701 211 1,085 768 771 218 845 847 761 786 330 672 638 267 465 212 213 201 208 209 207 1,514 236 236 228 234 239 237 211 195 198 170 220 868 46
Slide 15: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) ( 63.9 ) 14.0 32.0 ( 179.3 ) ( 3.1 ) ( 127.5 ) ( 17.5 ) 60.8 4.0 980.4 4.6 3,272.4 2,568.0 9M 2021 Sale of goods and provision of services Rental income Contract revenue Sale of properties Gain on FV of investment Gain/loss propert
Slide 16: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 20.8 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 20.8 5.5 5.8 5.7 5.7 5.0 4.9 4.9 5.5
Slide 17: Operational Performance by Business Segment – 9M 2022
Operational Performance by Business Segment – 9M 2022 17
Slide 18: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights ▪ The Group reported a total income of AED 959.4 million in 9M 2022 Total Income (AED m) from this segment, as against AED 1,134.0 million reported during the 1,134 prior period. The decrease was largely
Slide 19: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 1,276.8 million in 9M Total Income (AED m) 2022, a decrease of AED 34.9 million as compared to the prior period,
Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ Total Income from Investments segment was AED 1,036.2 million in Total Income (AED m) 9M 2022 as compared to AED 122.4 million in the prior period. This 1,036 increase was
Slide 21: Management Strategy & Outlook
Management Strategy & Outlook 21
Slide 22: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams Profitability ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet ▪ Sale of al
Slide 23: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 23
Slide 24: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 60% LEASED RESIDENTIAL 98% 32% 9M 2022 RENTAL COMMERCIAL INCOME 570 8% AED million Note: Figures are rounded to the nearest decimal 24
Slide 25: Emicool – The Leading District Cooling Provider
Emicool – The Leading District Cooling Provider Mirdif ESTABLISHED Dubai Culture Village 2003 Jumeirah Bay Al Warqa’a Rose Bay CUSTOMERS ~22,000 Dubai Motor City EMPLOYEES Dubai Sports City ~250 Dubai Investment Park ZONES DWTC ~10 Zones Note: Figures are rounded to the nearest decimal One additiona
Slide 26: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 2006 FACILIT Y Key Projects (UAE & Global) ~45,000 Sqm. of Built-up Area PRODUCTION ~14.2M Dubai Airport T3 Abu Dhabi Index Tower Al Ain Stadium n Sqm. (FY22) (UAE) Airport (UAE) (UAE) T3 (UAE) EXPORTS ~40 Countries Nanyang Ly
Slide 27: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 27
Slide 28: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Group Chief Financial Officer Dubai Investments PJSC PO Box 28171 Dubai, UAE Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com www.dubaiinvestments.com Investor’s Relation Phone +971 4 8122 400 Email IR@dubaiinvestments.com www.dubaiinvestments.com 28
Slide 29: Key Events and Awards
Key Events and Awards Dubai Investments Al Mal Capital scoops Al Taif Investment divests 50% stake in the award for the best announces plans to Emicool to Actis at a regional asset open 5-star hotel and corporate valuation of management firm for mall in Fujairah by the US $1bn HNWI’s end of 2022 Emi
Slide 30: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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