Cpi Property Group S.a. · XETR:O5G
Cpi Property — Debt Investor Presentation (May 2022)
7 slides from Cpi Property's debt investor presentation, May 2022
Slide 1: Investor Presentation May 2022
Investor Presentation May 2022 Explanatory Notes for EMTN Programme Disclosure
Slide 2: CPIPG's financial policy commitment is unchanged
CPIPG’s financial policy commitment is unchanged Net LTV Absolute commitment to strong investment-grade ratings 1 Our financial policy was introduced in April 2018 Focused on achieving “high BBB” ratings in coming years 44.9% Rating Max LTV: 45% for acquisitions of high strategic merit commitment We
Slide 3: EMTN Programme: Consolidated financial statements for CPIPG and IMMOFINANZ
EMTN Programme: Consolidated financial statements for CPIPG and IMMOFINANZ Background • CPI Property Group SA (“CPIPG”) recently completed the annual update of our Euro Medium Term Note (EMTN) programme. • The EMTN includes pro-forma consolidated financial figures for CPIPG and IMMOFINANZ. ̕ The fig
Slide 4: Analysis of EMTN pro-forma financial statements
Analysis of EMTN pro-forma <€17.8 bn <€1 bn <€2.6 bn financial statements property combined of liquidity Rental Income reconciliation (€ million) portfolio revenues (cash + revolving credit facilities) 2021 GRI 2021 NRI A CPIPG 401.8 362.9 Significant increase in rental income with net rental income
Slide 5: Analysis of pro-forma balance sheet
Analysis of pro-forma balance sheet Significant increase in scale, sound balance sheet and high liquidity 31.12.2021 31.12.2021 31.12.2021 Pro forma Post-balance sheet 31.12.2021 The Group IMMOFINANZ Total adjustments adjustments to Group’s Pro-forma consolidated 1 Disposals made at CPIPG to finance
Slide 6: Analysis of pro-forma income statement
Analysis of pro-forma income statement FY 2021 The Group FY 2021 IMMOFINANZ FY 2021 Total Pro forma adjustments FY 2021 (€ million) (€ million) (€ million) (€ million) Pro-forma consolidated Gross rental income 401.8 284.7 686.5 686.5 1 Increase in NRI by +58% Service charge and other income 139.1 9
Slide 7: Disclaimer
Disclaimer This presentation and its contents are intended for use for information purposes only and may not be reproduced, redistributed, published or passed onto any other person or published, directly or indirectly, in whole or in part, for any purpose. Failure to comply with this restriction may
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