Amlak Finance Pjsc · DFM:AMLAK
Amlak Finance Pjsc — Q1 2019 Earnings Presentation
24 slides from Amlak Finance Pjsc's earnings presentation, May 2019
Slide 1: Amlak Finance PJSC Investor Presentation Q1 2019
Amlak Finance PJSC Investor Presentation Q1 2019
Slide 2: Disclaimer
Disclaimer This presentation has been produced by the management of Amlak Finance PJSC (“Amlak” or the “Company”), solely for use at various teleconference arranged for existing/prospective institutional investors and for their clients/potential clients and shall not be reproduced or redistributed,
Slide 3: Content
Content 1 Economic Environment UAE and Dubai Economy 4 Key Economic Indicators 5 Dubai Real Estate Market 6 Key Real Estate Indicators 7 Dubai Mortgage Market 8 2 Amlak at a Glance Company Profile 9 Through The Years 10 3 Strategic Focus Key Strategies 11 Strategic Enablers 12 Corporate Values 13 St
Slide 4: UAE and Dubai Economy
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment UAE and Dubai Economy The UAE's economy grew 1.7 per cent last year, on the back of higher oil prices. The non-oil sector, grew by 1.3 per cent at constant prices compared with 2017. For 2019, the I
Slide 5: Key Economic Indicators
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Key Economic Indicators 1 Brent OPEC Oil Basket Price in UAE (AED) Distribution of GDP Sectors (in %) – UAE & Dubai 2017 350 299 UAE Dubai 26.6 278 300 30 23.1 247 22.6 22.3 243 237 25 207 250 204 204 1
Slide 6: Dubai Real Estate Market
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Dubai Real Estate Market • Around 6,000 units have entered the Dubai real estate market in Q1 2019. • Around 2,600 new units have been launched in Q1 2019, during the same time last year around 3,450 ne
Slide 7: Key Real Estate Indicators
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Key Real Estate Indicators Number and Value of Real Estate Transactions Dubai Residential Sales and Rental Price Changes Number of Sales Transactions Value of Sales Transactions Sales Price (AED/Sqf) Re
Slide 8: Dubai Mortgage Market
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Dubai Mortgage Market Mortgage Transactions Over the Years Number of Mortgage Transactions Value of Mortgage Transactions 3,500 7 3,000 6 Value of mortgages registered valued at AED 3.7 Billion 2,500
Slide 9: Company Profile
Economic Environment Strategic Focus Financial & Operating Performance Appendix Amlak at a Glance Company Profile Background • Amlak Finance PJSC was incorporated in Dubai, United Arab Emirates, on 11 November 2000 Ownership Structure as a Private Shareholding Company. Retail Investors Emaar and its
Slide 10: Through The Years
Economic Environment Strategic Focus Financial & Operating Performance Appendix Amlak at a Glance Through The Years 2000 2004 2005 2006 2007 2008 • Total assets reaching • Share Capital increase • Share Capital increase • Launched “First Amlak • Invested in Amlak AED 21 Bn. Real estate • Incorporati
Slide 11: Key Strategies
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Key Strategies Strategic Priorities Strategic Intents Strategic Metrics • Renegotiation with financiers to ensure long term growth of the Company and ensuring full compliance with and adherence to revis
Slide 12: Strategic Enablers
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Strategic Enablers Product Differentiation Our Vision (What we aim to become?) Regional & Customer Focus Political Stability “To be a specialized and customer centric real estate financing institution i
Slide 13: Corporate Values
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Corporate Values Our Corporate Values (What we stand for?) Our Mission (What is our purpose?) Strategic “To provide niche financial solutions, Enablers customized to fit our customers' needs, while maxi
Slide 14: Stakeholders Priorities
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Stakeholders Priorities Dividend Share Price Return on Equity Restructuring Quality service Shareholders agreement Innovative Liability products management Differentiation Customers Fina
Slide 15: Business Overview
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Business Overview Amlak’s overall business is being managed by way of 3 segments Business Segments Real Estate Investment Corporate Finance Segment Asset Mix – Q1 2019 Real Estate Finance (REF) (REI) an
Slide 16: Segment Strategy
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Segment Strategy Real Estate Finance (REF) Real Estate Investment (REI) Corporate Finance & Investment (CFI) Actual Targeted Actual Targeted Actual Targeted Key Metrics Key Metrics Key Metrics 2018 2019
Slide 17: Group Income Statement
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Income Statement AED in Mn Q1 Q1 Q1 2019 vs. Q1 2018 Particulars 2019 2018 Variance Change in % Income from Financing and Investing assets 43 42 1 2% Rental income 15 15 - 0% Sale of properties un
Slide 18: Group Income Statement (cont'd)
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Income Statement (cont’d) AED in Mn Income from Financing Total Income Rental Income and Investing Assets Q1 2019 122 Q1 2019 43 Q1 2019 15 Q1 2018 98 Q1 2018 42 Q1 2018 15 Q1 2017 95 Q1 2017 47 Q
Slide 19: Group Balance Sheet
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Balance Sheet AED in Mn Q1 2019 vs. YE 2018 Particulars Q1 2019 YE 2018 Variance Change in % Cash and Balances with Banks 224 256 (32) -13% Islamic Financing and Investing Assets 2,623 2,704 (81)
Slide 20: Group Balance Sheet (cont'd)
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Balance Sheet (cont’d) AED in Mn Real Estate Investments Corporate Investments Assets Mix – Q1 2019 5% 3% 4% 2019 2,652 2018 302 45% 2018 2,543 2018 297 45% 2017 2,357 2017 315 Islamic financing a
Slide 21: Financial Ratios
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Financial Ratios Net Financing to Deposit Ratio Liquid Assets to Total Assets Ratio Return on Equity (ROE) 2019 61% 2019 4% 2019 0% 2018 62% 2018 5% -18% 2018 2017 64% 2017 16% 2017 3% Return on Assets
Slide 22: Awards
Economic Environment Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Awards 2017 2018 2019 1. Best Sharia Compliant Property Finance Company 2. Best Islamic Finance CSR Company UAE 2017 1. Global Islamic Business Award 2018 3. Best for Sharia Compliant Property Finance 2
Slide 23: Products and Services
Economic Environment Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Products and Services Istithmari is the first-of-its-kind Buy-To-Let property finance (Ijara) product in the region, designed for investors looking Istithmari to invest in completed residential and comm
Slide 24: Investor Relations
Contact Investor Relations Phone: +971 4 4274500 Web: http://www.amlakfinance.com/en/investor-relations.html Email: InvestorRelations@amlakfinance.com P O Box: 2441, Dubai, United Arab Emirates