Alliance Global Group Inc. · PSE:AGI

Alliance Global — 9M 2010 Earnings Presentation

19 slides from Alliance Global's earnings presentation, 2010

  1. Slide 1: Alliance Global Group, Inc. 9M 2010 Results

    Alliance Global Group, Inc. 9M 2010 Results 1

  2. Slide 2: Financial highlights

    Financial highlights Revenue Net income CAGR: 27.8% Net income CAGR: 44.1% 38,843 36,109 Net to AGI CAGR: 50.6% 32,338 7 555 7,555 30,451 6,808 6,106 5,033 19,867 5,391 3,909 4,796 14,573 2,905 3,293 , 1,579 1,729 933 1,740 2,197 2,012 2,164 646 1,176 2005 2006 2007 2008 2009 9M 2010 2005 2006 2007

  3. Slide 3: Solid balance sheet

    Solid balance sheet Debt profile Capitalization ratio 46 830 46,830 13% 14% 40,690 22% 24% 27% 42% 31,145 27,602 24,067 19 213 19,213 87% 86% 78% 76% 73% 13,055 13,768 58% 8,400 7,168 , 4,363 4 363 3,269 2005 2006 2007 2008 2009 9M 2010 2005 2006 2007 2008 2009 9M 2010 D b Debt C h Cash D bt Debt E

  4. Slide 4: Compelling revenue and net income growth

    Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 32.8% CAGR: 25.0% CAGR: 26.1% Net income to AGI CAGR: 40.5% 7,555 38,843 6,808 36,109 10 613 10,613 9,675 6,106 32,338 9,555 30,451 8,087 5,033 5,391 4,796 3 909 3,909 19,867 5,295 3,293 2,905 1,729 2,197 2

  5. Slide 5: 9M 2010 Results

    9M 2010 Results

  6. Slide 6: Megaworld 9M 2010 Results

    MEGAWORLD 9M 2010 Results

  7. Slide 7: Revenue Breakdown

    Revenue Breakdown 9M 2010 9M 2009 Real Estate Rental Income Rental Income 12% Real Estate 80% 82% 11% Hotel Operations p Hotel Operations 1% 1% Interest & Other Interest & Other 7% 6% (in Php thousands) 9M 2010 % Change 9M 2009 Real Estate Revenues 12,513,860 , , 18% 10,606,660 , , Rental Income 1,9

  8. Slide 8: Revenues

    Revenues (in thousands) 9M 2010 % Change 9M 2009 Real Estate Sales 10,654,841 , , 17% 9,093,931 , , Interest Income on Real Estate Sales 773,595 24% 624,395 Realized GP 1,085,424 22% 888,334 Real Estate Revenues 12,513,860 18% 10,606,660 Rental Income 1,969,327 39% 1,418,232 Hotel Operations 154,410

  9. Slide 9: Income Statement

    Income Statement (in Php thousands) 9M 2010 9M 2009 % Change Real Estate Sales 10,654,841 9,093,931 17% Interest Income on Real Estate Sales 773 595 773,595 624 935 624,935 24% Total Real Estate Sales 11,428,436 9,718,866 18% Cost of Real Estate Sales 7,015,565 5,829,471 20% Gross Profit on Real Est

  10. Slide 10: Margin Calculation

    Margin Calculation (in Php thousands) 9M 2010 9M 2009 % Change Real Estate Sales 10,654,841 9,093,931 17% Interest Income on Real Estate Sales 1,142,472 839,984 36% Total Real Estate Sales 11,797,313 9,933,915 19% Cost of Real Estate Sales 7,015,565 5,829,471 20% Gross Profit on Real Estate Sales 4,

  11. Slide 11: Solid Balance Sheet

    Solid Balance Sheet Net Cash C Position (in Php millions) 25 000 25,000 20,876 20,225 20,849 21,146 20,000 15,727 16,06916,908 16,743 16,712 16,213 13 991 13,991 15,000 12,325 11,873 12,248 12,128 9,952 10,000 5,000 0 FY 2008 1Q 2009 1H 2009 9M 2009 FY 2009 1Q 2010 1H 2010 9M 2010 Debt Cash 11

  12. Slide 12: Real Estate Sales: MEGA Projects Driving Growth

    Real Estate Sales (in Php) 9M 2010 % of Sales 9M 2009 % of Sales Eastwood City 1,495,089,675 14% 735,711,505 8% o bes Town Forbes o Ce Center te 619,291,345 , , 6% 1,456,312,541 , 56,3 ,5 16% 6% McKinley Hills 1,371,001,693 13% 2,359,760,365 26% Newport City 3,846,097,139 36% 938,936,168 10% Manhatt

  13. Slide 13: Reservation Sales Estimates

    Reservation Sales Estimates Php (in Billions) 29.7 30 YoY Growth : 95% ’05-’08 CAGR: 49% 24 2 24.2 19.8 20 20.1B ’03-’05 CAGR: 15% 19.1 9M08 15.2B 15 2B 10 9M09 10.3 6.5 7.3 5.5 0 2003 2004 2005 2006 2007 2008 2009 9M 2010 Reservation Sales (RS) 2003 2004 2005 2006 2007 2008 2009 RS (Beg) 6.62 9.75

  14. Slide 14: Increasing Rental Income

    Increasing Rental Income Megaworld Rental Revenue 3500 3,000 3000 n Php MM) 2,000 1,969 2500 1,000 (in 2000 1,301 30 14 932 587 712 1500 707 22 540 23 345 1000 2,000 20 304 1,383 204 1,243 500 190 934 483 605 350 0 2005 2006 2007 2008 2009 2010E 9M 2010 Residential Retail Office 14

  15. Slide 15: Rental Portfolio Summary

    Rental Portfolio Summary 2009 2010E Revenues 2010 Office Developments (in sqm) Eastwood City 161 226 161,226 195,560 195 560 McKinley Hill 134,236 177,540 Others 10,663 10,663 Sub-Total Office 306,125 383,763 Php 2 billion Retail Developments (in sqm) Eastwood City 43,946 McKinley Hill 5,054 Forbest

  16. Slide 16: Emperador Distillers, Inc.

    EMPERADOR DISTILLERS, INC.

  17. Slide 17: Robust financial performance

    Robust financial performance Revenue Gross profit and margin 7,117 33.9% 32.3% 30.8% 26 2% 26.2% 2 412 2,412 26 2% 26.2% 5,551 5,473 5,393 21.9% 4,298 1,711 1,742 14.5% 1,457 1,128 2,805 2,560 561 408 2004 2005 2006 2007 2008 2009 9M 2010 2004 2005 2006 2007 2008 2009 9M 2010 EBITDA and margin Net i

  18. Slide 18: Golden Arches Development Corporation

    — oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION

  19. Slide 19: Strong rebounding profit and margins

    Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 8.2% CAGR: 22.5% 24.6% 23.5% 21.5% 17 6% 17.6% 19 4% 19.4% 19.5% 13.3% 2,347 9,542 8,378 Margins 1,803 7,407 7,674 1,595 1,631 6,429 6,124 6,570 1,272 1,076 852 2004 2005 2006 2007 2008 2009 9M 2010 2004 2005 2006 20

Alliance Global Group — 9M 2010 Earnings Presentation on 6ix