PT Alam Sutera Realty Tbk · IDX:ASRI
PT Alam Sutera Realty Tbk — Investor Presentation (December 2022)
25 slides from PT Alam Sutera Realty Tbk's investor presentation, December 2022
Slide 1: PT Alam Sutera Realty Tbk Investor Presentation
PT ALAM SUTERA REALTY TBK Investor Presentation December, 2022 www.alamsuterarealty.co.id 1
Slide 2: Our Company
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 2
Slide 3: Who We Are
Who We Are A leading ◼ A township developer, established in 1994 and listed on the Indonesia Stock Exchange since December 2007 property ◼ Well-located and large scale urban townships comprising of high quality residential and commercial properties, ancillary facilities and company in infrastructure
Slide 4: Key Milestones
Key Milestones Acquired Issued USD 245 mm development bonds due in 2022 to rights for refinance USD 225 mm extensive bonds areas in Launched Taman Serpong Narada cluster at Alam Signed a cooperation Sutera township Launched Sutera agreement with China Sawangan at the Fortune Land southern part of Th
Slide 5: Corporate Business and Structure
Corporate Business and Structure The Ning King Family PT Tangerang Fajar PT Manunggal Prime PT Argo Manunggal Public Industrial Estate Develoment Land Development 25.72%* 18.63%* 0.66%* 54.99%* Landed Commercial Garuda Wisnu Kencana Township Apartments Office Towers Shophouses Retail Houses land lot
Slide 6: Management Team
Management Team Board of Commissioners Board of Directors Haryanto Tirtohadiguno Joseph Sanusi Tjong President Commissioner President Director Angeline Sutedja Lilia Setiprawarti Sukotjo Commissioner Director Pingki Elka Pangestu Independent Commissioner RM Frangky AD Director The Nicholas Commissio
Slide 7: Portfolio Overview
Portfolio Overview Focus on residential and commercial development in western part of Jakarta and Bali. In 2021, we commenced a project in a new location at Sawangan, southern part of Jakarta JAKARTA CAPITAL REGION The Tower – Office Building BALI Wisma Argo Manunggal – Office Garuda Wisnu Kencana (
Slide 8: Township Development
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 8
Slide 9: Township Location
Township Location —K—aASe PT ALAM SUTERA REALTY Tbk
Slide 10: Alam Sutera Township
Alam Sutera Township Master Plan Price Trend - Commercial 26 25.0 Future Development – 23.0 24 Phase 3 22 20.0 20.0 20 18 16 14 12 10 2018 2019 2020 2021 Price Trend - Residential Current Development ± 800 ha 20 18.0 18 16.8 16 15.5 14.9 14 12 10 2018 2019 2020 2021 10
Slide 11: Suvarna Sutera Township
Suvarna Sutera Township Master Plan Price Trend – Suvarna Padi • Suvarna Sutera Township is the second township from Alam 8 Sutera, located at Pasar Kemis, Tangerang, 15 km away from Alam Sutera. The Company has developer license covering 6.0 6.0 6.0 6.0 2,600 ha area. Phase one development is ±900
Slide 12: Apartments and Offices
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 12
Slide 13: Apartments
Apartments Elevee Penthouses and Residences (On-going) ◼ Launch date : 1Q 2021 ◼ Land site area : 4 ha ◼ Marketing sales : IDR 859bn (as of September 2022) Ayodhya Residence (On-going) Paddington Heights (On-going) ◼ Launch date : 1Q 2014 ◼ Launch date : 2Q 2013 ◼ Land site area : 2.1 ha ◼ Land site
Slide 14: Office Towers
Office Towers The Tower ◼ Launch Date : 2013 ◼ Semi gross area : 56,491 sqm ◼ Marketing Sales : IDR 351bn (as per September 2022) The Prominence ◼ Launch Date : 2Q 2013 ◼ Semi gross area : 50,882 sqm ◼ Marketing Sales : IDR 410bn (as per September 2022) 14
Slide 15: Property Investment
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 15
Slide 16: Garuda Wisnu Kencana (GWK)
Garuda Wisnu Kencana (GWK) Overview Multi Role Sites ◼ A private cultural park on the Bukit Peninsula at the southern end of the island Become increasingly popular for corporate and many international of Bali in Indonesia, 15 minutes from Ngurah Rai International Airport. events. Bukit Peninsula is
Slide 17: Property Investment
Property Investment Mall @ Alam Sutera Wisma Argo Manunggal (WAM) Front View Mall @Alam Sutera Wisma Argo Manunggal Leasable area : ± 67.369 sqm (extendable) Location : Jl. Jend. Gatot Subroto Kav. 22 Height : 5 floors (3 retail floors, 2 parking floors) Acquired from : PT Daya Sakti Perdika Parking
Slide 18: Operational Data
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 18
Slide 19: Marketing Sales and Capex
Marketing Sales and Capex Historical Marketing Sales Payment Profile Payment Profile Cash Hard Cash Mortgage 9M2022 Installment IDR bn Alam Sutera 31% 38% 31% 5,000 Suvarna Sutera 10% 17% 73% 4,500 4,292 Consolidated 26% 33% 41% 4,000 1,049 3,500 3,112 2,964 2,794 Historical Land Capex (in IDR bn) 3
Slide 20: Recurring Income
Recurring Income 600 512 500 437 442 414 161 400 11 73 106 329 300 29 236 231 227 218 174 200 2 4 3 10 11 100 165 113 122 135 104 - 2018 2019 2020 2021 9M22 Town management Recreation and sports Rent & Other Hospitality Tourism / GWK 20
Slide 21: Financial Performance
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 21
Slide 22: Financial Highlights
Financial Highlights Income Statement Balance Sheet and Financial Ratios Description 9M2022 9M2021 % Change Description 9M2022 2021 (in IDR bn) (in IDR bn) Revenue 2,745.3 1,771.9 55% Cash and cash equivalents 1,387.0 991.0 Total Asset 22,212.1 21,934.0 Gross Profit 1,489.1 916.6 62% % of Rev 54% 52
Slide 23: Debt Maturity Profile
Debt Maturity Profile Debt Maturity Profile Bond Details In USD mm Description 2025 Bonds 2024 Bonds 300 250 11 USD 251 mm USD 171.4 mm Notes 6.25% p.a (for first year) 6% interest p.a (for first 200 due 2025 year) due 2024 10 150 232 100 Caa1 Caa1 Rating 164 (Moody’s) (Moody’s) 50 9 69 17 - 2022 20
Slide 24: Disclaimer
Disclaimer This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward- looking statements as a result of a number of risks, uncertainties and assumptions. Represe
Slide 25: Thank you
BE. PT ALAM SUTERA REALTY Tbk Thank you
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