Pt Alam Sutera Realty Tbk · IDX:ASRI
Pt Alam Sutera Realty Tbk — Investor Presentation (March 2016)
28 slides from Pt Alam Sutera Realty Tbk's investor presentation, March 2016
Slide 1: Company Presentation
Company Presentation March 2016 www.alamsuterarealty.co.id
Slide 2: Who We Are
Who We Are A leading Established in 1994 and listed on the Indonesia Stock Exchange since December 2007 property Well-located & large scale urban townships comprising high quality residential and commercial properties, company in ancillary facilities and infrastructure Indonesia Proven propert
Slide 3: Core Business Model
Core Business Model The Company’s core business model is focused on township development that has high barriers to entry and leverages the Company’s core strength and competitive advantages Large scale, highly accessible urban township developed in phases over several years under a master plan.
Slide 4: The New Management
The New Management BOC BOD Harjanto Tirtohadiguno President Commissioner Joseph Sanusi Tjong President Director Angeline Sutedja Commissioner Lilia Setiprawarti Sukotjo Director Pingki Elka Pangestu Independent Commissioner RM Frangky AD Director The Nicholas Commissioner Prasasto Sudyatmiko Indepen
Slide 5: Consolidated Marketing Sales
Consolidated Marketing Sales Monthly sales has become more fluctuative due to our wholesale property business in IDR mm 2008 2009 2010 2011 2012 2013 2014 2015 2016 Jan - Feb 30,220 25,607 305,677 350,273 946,380 914,199 288,388 215,566 168,577 Mar - Apr 42,286 127,905 311,097 387,115 828,500 789,40
Slide 6: 2016 Marketing Sales
2016 Marketing Sales In IDR bn Type of Product 2016 Marketing Sales Target Serpong - Commercial 1,100 - Residential 450 Pasar Kem is - Commercial 300 - Residential 1,000 High Rise - Apartments 400 - Offices 1,700 GWK - Hospitality 50 Total 5,000 Note The above numbers do not include potential transa
Slide 7: 2016 Marketing Sales: Pipelines and Launches
2016 Marketing Sales 1 Strong Pipelines 2 Product Launches High Rises New Clusters to be launched in Pasar Kemis. Pipeline: ± 50,000 sqm Estimated at IDR 50mm psm Cluster to be launched in Alam Sutera. Commercial Lots Potential new tower from Kota Ayodhya project. Pipeline: ± 130,000
Slide 8: Consolidated Marketing Sales Breakdown
Consolidated Marketing Sales Breakdown Marketing Sales Breakdown by Area FY2015 Marketing Sales Breakdown by Product FY2015 14% 21% 32% Commercial 37% Alam Sutera 14% Residential (Houses and land lots) Apartments Suvarna Sutera Office Tower Others 42% 40% Payment Profile - FY2015 Hard Cash Cash Inst
Slide 9: Recurring Income
Recurring Income Significant Improvement Expected in 2017 When Our GWK Statue Is Completed And Mall @Alam Sutera Contract Renewal Takes Place IDR bn 400 373 359 350 60 308 57 300 52 56 60 250 231 49 200 55 24 190 150 184 157 100 71 114 17 7 8 50 13 7 13 7 54 55 5 43 23 31 - 2012 2013 2014 2015 2016
Slide 10: Overall Capital Spending Plan
Overall Capital Spending Plan Slowdown on Landbank Purchase and Reduce Capital Capital Spending Revised Downward Spending IDR bn Historical and Planned Land Acquisition Expenditure in IDR bn 4,000 Description FY2016 Target 3,500 3,377 Land acquisition 500 3,000 2,354 Construction - High Rise 500 2,5
Slide 11: Balance Sheet Update
Balance Sheet Update Debt Maturity Profile Remaining Bond Details USD mm Description 2020 Bond 2019 Bond 300 USD 225 mm 9% interest USD 235 mm 6.95% interest Notes p.a. p.a. Senior Notes due 2020 250 14 11 Senior Notes due 2019 11 43 6 B2 Stable/ B Stable/ B+ Negative 200 Rating (Moody’s/ S&P / Fitc
Slide 12: Financial Highlights
Financial Highlights Income Statement Balance Sheet and Financial Ratios Description 2014 2015 % Change Description 2014 2015 (in IDR bn) (in IDR bn) Revenue 3,631 2,784 -23% Cash and Time Deposit 1,261 938 Total Debt 6,606 7,368 Gross Profit 2,307 2,056 -11% % of Rev 64% 74% Debt/ EBITDA 3.33 4.26
Slide 13: Our Portfolio
Our Portfolio Map Summary of Our Current Developments JAKARTA CAPITAL REGION BALI The Tower – Office Building Garuda Wisnu Kencana (“GWK”) – Cultural Wisma Argo Manunggal – Office Park Building Direct Exit Toll To Alam Sutera GWK Alam Sutera Township Silkwood Residence Kota Ayodhya TANGERANG AREA Al
Slide 14: Alam Sutera and Suvarna Sutera Township
Alam Sutera and Suvarna Sutera Township Current JORR-II Toll Road currently being developed will create direct access from Alam Sutera to Soekarno- Hatta Airport, positioning Alam Sutera at a very strategic location. This Toll Road Will be Completed in 2019 This section will connect Alam Sutera to t
Slide 15: Alam Sutera Township
Alam Sutera Township Masterplan Mapping Key Highlights • Located 15 km to the west of Jakarta. Phase 3 • Total development of ± 800 ha, divided into two phases. Acquiring • Phase one: ± 450 ha (mostly residential and shop houses). Land • Phase two: ± 350 ha (mostly commercial and high rise buildings
Slide 16: Alam Sutera Township: Average Selling Price
Alam Sutera Township Average Selling Price Average Selling Price – Commercial Lots Average Selling Price – Residential Lots IDR mm psm IDR mm psm 25 16 23.1 14.4 14.6 13.7 14 20 17.3 12 10 15 9.0 12.5 8 10 8.4 5.5 6 7.1 3.8 4 5 4.3 2 0 0 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 At
Slide 17: Suvarna Sutera Township
Suvarna Sutera Township Suvarna Sutera Master Plan Project Overview G • Suvarna Sutera Township is the second township from Alam Sutera, located at Pasar Kemis, Tangerang, 15 km away from Alam Sutera. The Company has developer license covering 2,600 ha area. Planned phase one development is 900 ha.
Slide 18: Suvarna Sutera Township: Average Selling Price
Suvarna Sutera Township Average Selling Price Sustainable ASP Increase – Replicating Historical Alam Sutera Township Growth Path Average Selling Price – Land in Suvarna Padi Average Selling Price – Land in Suvarna Jati IDR mm psm IDR mm psm 4 6 3.4 3.3 5.2 * 5* 5 3 2.5 4 4 2 3 2.8 2.1 2 1 1 0 0 2011
Slide 19: High Rise Projects
High Rise Projects x The Prominence Tower Paddington Heights Artist Impression of The The Prominence Progress Progress Progress Tower Construction Construction Constructionas asofof Artist Impression of The Progress Progress Progress ProgressConstruction Construction Construction Construction as of
Slide 20: High Rise Projects: Kota Ayodhya
High Rise Projects xx Kota Ayodhya is an apartment that is located at the heart of Tangerang City, only 6.2 km away from Alam Sutera Township. In 2014, The Company has successfully marketed 4 towers (phase 1). Artist Impression of The Completed Product Kota Ayodhya Land site area : 21,230 sqm Apartm
Slide 21: High Rise Projects: The Tower
High Rise Projects xx The Tower is a 50-storey strata title office building strategically located in the golden triangle at the CBD Jakarta. Artist Impression of The Completed Product The Tower Location : Jl. Gatot Subroto Kav. 12 Land site area : 9,522 sqm Building GFA : 69,837 sqm No of floor : 50
Slide 22: GWK Project
GWK Project Overview of Bali Tourism Number of Tourists Visiting Bali Number of Foreign Tourists Visiting Bali Total Number of Tourists Visiting Bali 2009-2013 2009-2013 10.4 3.3 9.0 2.9 8.5 2.6 2.8 2.4 7.3 5.9 2009 2010 2011 2012 __________________________________________ 2013 Source: BPS Bali, 201
Slide 23: GWK Project (cont'd)
GWK Project (cont’d) A Must Go To Destination In Bali Starting 2017 Overview What We are Currently Developing • A private cultural park on the Bukit Peninsula at the southern end of the island of Bali in Indonesia, 15 minutes from Ngurah 1. Garuda Wisnu Kencana Statue Rai International Airport. Buki
Slide 24: GWK Project (cont'd): The Statue
GWK Project (cont’d) The Statue The statue is designed by Nyoman Nuarta, a world renowned Balinese’s artist with many experience worldwide in making large scale statues. The statue will be made of copper and built on the hill at 130m altitude above the sea level, standing on 50 meter pedestal. It wi
Slide 25: Property Investment
Property Investment Mall @Alam Sutera Wisma Argo Manunggal (WAM) Customer Traffic A verag e V isit o rs 2 0 13 2 0 14 2 0 15 p er d ay Weekdays 8,000 9,400 9,800 Wisma Argo Manunggal Mall @Alam Sutera – Night View Weekends 19,000 23,000 22,000 Front View Mall @Alam Sutera Wisma Argo Manunggal GFA :
Slide 26: Awards
Awards 2015 2014 2013 2012 and previous years FIABCI Prix IFLA APR d’Excellence Awards Awards Best Township Best Township Nomination of Sub Category: Sub Category: Best Share Issuer Merit Awards Sustainable Green Market Cap Landscape Top Ten Platinum Brand Top Performing Top Performing Outstanding D
Slide 27: 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. Represen
Slide 28: Thank You
Be PT ALAM SUTERA REALTY Tbk THANK YOU 28
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