Atal S.a. · GPW:1AT
Atal — 1-3Q 2023 Earnings Presentation
32 slides from Atal's earnings presentation, Nov 17, 2023
Slide 1: Summary of results for 1-3Q 2023
Summary of results for 1-3Q 2023 November 17, 2023 OGOLNOPOLSKI DEWELOPER www.atal.pl
Slide 2: Agenda
Agenda HB ooPERATING ACTIVITIES Investments in progress and in the pipeline Sales of flats Offer Handovers New lands Dividend Projects under construction — potential of handovers CONSOLIDATED FINANCIAL RESULTS Profit and loss account Ballance sheet Structured of debt maturity Business financing sour
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Slide 4: Investments in progress and in the pipeline
Operating activities Investments in progress and in the pipeline PROJECTS A In progress nan BB Pozna Planned In progress Wroctaw Planned “ In progress tf Aglomeracja Slaska Planned . In progress r Krakow Planned ous In progress bode Planned \ Warszawa n progress Planned a In progress Trdjmiasto Z Pl
Slide 5: Sales of flats
Operating activities Sales of flats 797 824 3Q 2020 4Q 2020 2726 2017 10.2021 2414 2018 Number of flats sold as divided by quarters 1216 2Q 2021 3180 2019 1039 748 n° 760 582 | 376 385 402 4Q2021 1a2022,«S2az022 «= 3Q.2022 «= aa2022 «© 142023.» 22023 «30.2023 Annual number of flats sold 2017-2023 42
Slide 6: Sales of flats compared to competitors
Operating activities Sales of flats 2 ii 2245 Dom Development Robyg Number of flats sold compared to competitors in 1-3Q 2023 2060 Develia 1901 | 1619 1315 558 801 ATAL Victoria Dom Echo Investment / Ronson Inpro Archicom Development Lokum Deweloper
Slide 7: Offer
Operating activities Offer Number of flats offered in years 2017-2023 4639 4aa2 4852 4053 4083 4170 3104 24n 2017 2018 2019 2020 2021 2022 3Q 2022 3Q 2023
Slide 8: Handovers volume in 1-3Q 2023 by city
Operating activities Handovers volume in 1-3Q 2023 Number of handed over flats by city Krakow 182 Trojmiasto 242 /— Warszawa 146 Poznan 243 “~———— Wroctaw 496 Aglomeracja Slaska 195 Handovers volume in 1-3Q 2023 city APARTMENTS / SERVICE PREMISES Krakow 182 Warszawa 146 Wroctaw 496 Aglomeracja Slask
Slide 9: Handovers volume 2017-2023
Operating activities Handovers volume in 1-3Q 2023 Number of handed over flats in years 2017 - 2023 3700 3002 2678 2308 : 2017 2018 2019 2020 2021 3380 2022 1-3Q 2022 1606 1-3Q 2023
Slide 10: Handovers volume - TSA
Operating activities 10 Handovers volume in 1-3Q 2023 Handovers volume - TSA thou. m2 152,1 1-3Q 2022 1-3Q.2023 YEAR 2017 2018 2019 2020 2021 2022 1-3Q 2022 1-3Q 2023 TSA THOU. M2 135,1 157.4 98,4 164,7 213,5 196,9 152,1 88,9
Slide 11: New lands
N Operating activities New lands Funds allocated to land purchase in years 2017 - 2023 373 min PLN Land acquired in the Group in 1-3Q 2023 402 tys. PUM i = Krakow 232 min PLN * Warszawa 319 tys. PUM = Gdansk 197 min PLN 285 tys. PUM 194 min PLN = Katowice 227 tys. PUM = Wroctaw = Lodz 132 min PLN 85
Slide 12: Dividend
Operating activities 12 Dividend Dividend paid for 2015 - 2022 181 137 65 24 2015 2016 2017 2018 2019 194 117 2020 2021 2022 Dividend paid for 2022: Dividend rate: 10,9 % on 22.06.2023 - dividend day Nominal amount of the dividend: PLN 193.5 million, wchich represents 54% of net result ATAL S.A. The
Slide 13: Projects under construction - potential of handovers
Francuska Park VI Katowice 10 046 182 177 II kw. 2023 Zakątek Dąbie Kraków 6 017 121 121 II kw. 2023 Bursztynowa Zatoka I Gdańsk 8 094 152 146 II kw. 2023 ATAL City Square II Wrocław 6 620 117 99 II kw. 2023 Osiedle Poematu Warszawa 10 011 164 154 II kw. 2023 Zacisze Marcelin Ia Poznań 10 677 212 20
Slide 14: Projects under construction - potential of handovers (cont.)
Nowy Targówek V Warszawa 4 477 73 68 I kw. 2024 Strefa Cegielnia Kraków 7 482 144 74 I kw. 2024 Pułaskiego City Square III Wrocław 15 534 256 135 II kw. 2024 Apartamenty Ostródzka II Warszawa 3 863 70 61 II kw. 2024 Nowe Miasto Polesie IIIb Łódź 11 569 204 114 II kw. 2024 Żródlana 31 Residence Łódź
Slide 15: Projects under construction - summary
13 141 037 2 600 8 100 802 1 846 7 64 040 1 161 10 228 282 3 991 7 131 472 2 353 10 142 765 2 616 9 162 760 2 883 64 971 158 17 450
Slide 16: Consolidated financial results
Consolidated financial results
Slide 17: Profit and loss account
Consolidated financial results 7 Consolidated financial results Profit and loss account PLN THOU. Revenuesfrom sale of products, goodsand materials Costs of products, goods and materials sold Grossresult of sale Costs of sale Costs of general management Remaining operational revenues Remaining opera
Slide 18: Net revenues, net result and margins
Consolidated financial results 18 Consolidated financial results Net revenues from sales in PLN million 1167 1055 ° 2018 2019 2020 Gross margin on sales 26, ia 23,7% | 20.3% 2018 2019 2020 1679 2021 27,0% 2021 1658 2022 28,4% 2022 1-30 2022 ee 258% 1-3Q 2022 1-3Q 2023 Zs, 0% 1-3Q 2023 Net result in
Slide 19: Gross and net margin by quarters
19 Consolidated financial results Consolidated financial results Gross margin on sales by quarters 39,1% 32.7% 33,3% 29,6% 25.5% 22.5% 94.3%, 22.8% 271% | 25.7% 23,8% 19,9% 32020 42020 1Q2021 22021 32021 4Q2021 1Q2022 aQz022 32022 402022 102023 202023 30.2023 Net margin by quarters 28.7% — 28,6% 26,
Slide 20: Balance sheet
Consolidated financial results Consolidated financial results Balance sheet Assets in total in PLN million 3178 3337 PLN THOU. 30.09.2023 31.12.2022 VAR. Assetsin total 3336537 3178 081 +5% Fixed assets 205517 202 030 42% Current assets 3131020 2976051 +5% Liabilities and capitalin total 3336537 317
Slide 21: Main items of the financial results
Consolidated financial results 21 Main items of the financial results in PLN million Inventory 2823 2495 2328 2324 2080 | 1487 2018 2019 2020 2021 2022 3Q 2023 Cash 495 398 242 192 151 196 U ll 2018 2019 2020 2021 2022 3Q 2023 857 2018 1015 2018 789 2019 1621 2019 Equity 1166 952 2020 2021 1841 1950
Slide 22: Inventory breakdown
Consolidated financial results Consolidated financial results in PLN million Inventory 2495 2022 2823 3Q 2023 Work in progress 2387 2250 2022 3Q 2023 Finished products 244 2022 434 3Q 2023
Slide 23: Structure of debt maturity
Consolidated financial results 23 Structure of debt maturity as at 30.09.2023 120 2023 2024 [ Bonds Loans granted by the shereholder Bonds acquired by the shareholder + After September 30, 2023 bonds in the total amount PLN 120 milion were redeemed + After September 30, 2023 bonds issued in the amou
Slide 24: Business financing sources
Consolidated financial results 24 Business financing sources in PLN million Prepayments from customers Bonds acquire by the shareholder 93 Corporate bonds 270 Equity 1554 Loans granted by the shereholder BUSINESS FINANCING SOURCES AS AT 30.09.2023 Equity Loans granted by the shereholder Corporate bo
Slide 25: Our achievements
25 Our achievements Start of construction works for 7 projects (912 flats) Sales lauched for 6 investments (1,374 flats) Construction works finalised for 14 investments (2,639 flats) Sale in 1-3Q 2023: 1,901 flats Handovers volume in 1-3Q 2023: 1,606 flats 28 investments (6,639 flats) are currently
Slide 26: Appendix
Appendix
Slide 27: Appendix - ATAL S.A. overview
Appendix ATAL S.A. is one of Poland's leading developers. It specializes in housing estates, single multi-family houses located in Poland's largest cities. It is since June 2015 that the shares of ATAL S.A. have been officially listed on the Warsaw Stock Exchange. ATAL’s founder and leading sharehol
Slide 28: ATAL S.A. capital group
ATAL S.A. Apartamenty ATAL Construction Sp. z o.o. 100% 100% Ostródzka Sp. z o.o. komandytariusz komplementariusz jednostka stowarzyszona Atal Construction Sp. z o.o. Sp. K. 100% ATAL Development GmbH Niemcy 49%
Slide 29: Management Board
Appendix Management Board Zbigniew Juroszek President of ATALS.A. ATALS.A's founder and main shareholder Responsible for determining the development direction and the implementation of the given strategy in the entire ATAL S.A. Group 30 years of professional experience, 20 years of professional expe
Slide 30: Investments introduced to sale
Naramowice Odnova Poznań 512 Q1 2023 Ogrody Andersa Katowice 114 Q1 2023 ATAL Starachowicka Wrocław 105 Q1 2023 ATAL Sky+ II - bud. A Katowice 358 Q3 2023 ATAL Sky+ II - bud. B Katowice 151 Q3 2023 Strefa Cegielnia II Kraków 134 Q3 2023
Slide 31: Projects completed
Zakątek Dąbie Kraków 121 Q1 2023 Osiedle Poematu Warszawa 164 Q1 2023 Bursztynowa Zatoka Gdańsk 152 Q1 2023 Francuska Park VI Katowice 182 Q1 2023 Przystań Jasień Gdańsk 154 Q2 2023 Nowe Miasto Polesie IIIa Łódź 180 Q2 2023 Nowe Miasto Jagodno V Wrocław 199 Q2 2023 Zacisze Marcelin Ia Poznań 212 Q2
Slide 32: Investor relationships
Investor relationships ATALS.A. ul. Stawowa 27 43-400 Cieszyn tel.: (+48) 33 85759 12 fax: (+48) 33 857 59 02 ri@atal.pl www.atal.pl | OGOLNOPOLSKI DEWELOPER