Alliance Global Group Inc. · PSE:AGI
Alliance Global — Q1 2012 Earnings Presentation
21 slides from Alliance Global's earnings presentation, 2012
Slide 1: Alliance Global Group, Inc. 1Q 2012 Results
Alliance Global Group, Inc. 1Q 2012 Results 1
Slide 2: Financial highlights
Financial highlights Revenue Net income CAGR: 24.1% Net income CAGR: 30.8% 66,097 Net to AGI CAGR: 37% 14 744 14,744 78% increase 44,495 46% increase 36,109 38,843 9,497 30,451 6,808 11,612 24,345 6,106 4,151 5,033 6 909 6,909 13 674 13,674 4,796 2,847 3,293 3,909 2,961 2,197 2,012 2,588 3,136 2,213
Slide 3: Solid balance sheet
Solid balance sheet Debt profile Capitalization ratio 14% 24% 27% 41% 37% 63 769 63,769 45% 62,506 47,264 49,148 44,024 40,154 86% 31,145 76% 73% 27,602 24,067 59% 63% 19,213 55% 13,768 7,168 2007 2008 2009 2010 2011 1Q 12 2007 2008 2009 2010 2011 1Q 12 D bt Debt C h Cash Debt Equity Source: Company
Slide 4: Compelling revenue and net income growth
Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 38.4% CAGR: 21.4% CAGR: 24.8% Net income to AGI CAGR: 46.4% 66,097 19,608 14,744 44,495 12,898 38,843 36,109 10,469 9,497 30,451 9,555 11,608 8,087 6,808 24,345 6,106 6,647 5,033 6,909 3,909 4,796 2,847 3,2
Slide 5: 1Q 2012 Results
1Q 2012 Results
Slide 6: Megaworld 1Q 2012 Results
MEGAWORLD 1Q 2012 Results
Slide 7: Revenue Breakdown
Revenue Breakdown 1Q 2012 FY 2011 Real Estate R t l IIncome Rental Real Estate Rental Income 75% 14% 67% 13% Hotel Operations Hotel Operations 1% 2% Interest & Other Interest & Other 10% 19% (in Php thousands) 1Q 2012 % Change 1Q 2011 Real Estate Revenues 5,232,400 19% 4,385,611 R t l Income Rental
Slide 8: Revenues
Revenues (in thousands) 1Q 2012 % Change 1Q 2011 Real Estate Sales 4 172 181 4,172,181 24% 3 354 753 3,354,753 Interest Income on Real Estate Sales 322,281 36% 236,182 Realized GP 737,938 -7% 794,676 Real Estate Revenues 5,232,400 19% 4,385,611 Rental Income 949,555 17% 809,017 p Hotel Operations 11
Slide 9: Income Statement
Income Statement (in Php thousands) 1Q 2012 1Q 2011 % Change Real Estate Sales 4,172,181 3,354,753 24% Interest Income on Real Estate Sales 322,281 236,182 36% Total Real Estate Sales 4,494,462 3,590,935 25% Cost of Real Estate Sales 2,617,510 2,117,524 24% Gross Profit on Real Estate Sales 1,876,95
Slide 10: Margin Calculation
Margin Calculation (in Php thousands) 1Q 2012 1Q 2011 % Change Real Estate Sales 4,172,181 3,354,753 24% Interest Income on Real Estate Sales 305 615 300,180 305,615 300 180 2% Total Real Estate Sales 4,477,796 3,654,933 23% Cost of Real Estate Sales 2 617 510 2,117,524 2,617,510 2 117 524 24% Gross
Slide 11: Solid Balance Sheet
Solid Balance Sheet Net Cash C Position (in Php millions) 35 000 35,000 30,234 30,509 30,000 25,000 22,032 , 20 876 20,876 20,707 20,274 20,000 16,908 15,856 15,000 12,325 9,952 10,000 5,000 0 FY 2008 FY 2009 FY 2010 FY 2011 1Q 2012 Debt Cash 11
Slide 12: Real Estate Sales: MEGA Projects Driving Growth
Real Estate Sales (in PhP) 1Q 2012 % of Sales 1Q 2011 % of Sales EASTWOOD CITY 324,246,587 8% 482,522,288 14% FORBES TOWN CENTER 560,984,851 13% 161,988,510 5% MCKINLEY HILL 851,864,896 20% 316,498,373 9% MCKINLEY WEST - 0% 1,950,507,292 58% NEWPORT CITY 985,653,986 24% 173,231,502 5% MANHATTAN GARD
Slide 13: Strong growth rental income portfolio
Strong growth rental income portfolio Increasing rental income (PHPm) Office 4500 3826 381,000 sqm of leasable office space at 4000 3500 CAGR: +31% year‐end 2011 3000 2694 99% occupancy rate 2500 2000 78,000 sqm additional office 2000 developments planned in 2012 1500 1301 932 950 – Techono Pl
Slide 14: Emperador Distillers, Inc.
EMPERADOR DISTILLERS, INC.
Slide 15: Robust financial performance
Robust financial performance Growing Revenues Gross profit and margin 17,350 75% increase 33.9% 33.5% 4,445 64% increase 30.8% 29.7% 26.2% 25.6% 27.9% 8,420 2,817 7,117 2,412 5,551 5,473 5,497 1,457 1,711 1,635 3 348 3,348 935 2007 2008 2009 2010 2011 1Q 11 1Q 12 2007 2008 2009 2010 2011 1Q 11 1Q 12
Slide 16: Travellers International
AN FT TRAVELLERS ——TNTERNATIONAL 16
Slide 17: RWM Quarterly Performance
RWM Quarterly Performance ALLIANCE GLOBAL Actual Net Income (in P'M) 2,000 1,750 1,500 1,250 1,000 750 500 = : 0 T T T T T T T T 1 Q1'2010 Q2'2010 Q3'2010 Q4'2010 Q1'2011 Q2'2011 Q3'2011 Q4'2011 Q1'2012 P'M Q1'2010 Q2'2010 Q3'2010 Q4'2010 Q1'2011 Q2'2011 Q3'2011 Q4'2011 Qi1‘'2012 Actua! Net Income 5
Slide 18: RWM Quarterly Performance
RWM Quarterly Performance ALLIANCE GLOBAL Daily Visitors per Quarter 22,000 (+21%) 20,000 - 18,000 | (+6%) (-17%) (+19%) (+1%) 16,000 (+30%) 14,000 + 12,000 (+42%) 10,000 - — (+15%) 6,000 - 4,000 2,000 + ° 1Q10 2Q10 3Q10 4Q10 | 1Q11 2Q11 3Q11 4Qi1i 1Q12 @ Avg. Daily Visitors 5,966 6,880 9,775 12,747
Slide 19: RWM Quarterly Performance
RWM Quarterly Performance EBITDA Growth 28% 30% 5% 20% 27% 26% 0.1% ‐41% * Q3 2010 is net of adjustment made for the bond, reclass to Q4 2010
Slide 20: Golden Arches Development Corporation
— oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION
Slide 21: Strong rebounding profit and margins
Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 12.6% CAGR: 14.6% 11,908 24.6% 23.8% 23.1% 22.3% 22.2% 21.5% 19 5% 19.5% 11 023 11,023 2,753 Margins 2,618 9,542 16% increase 2,347 8,378 15% increase 7,407 1,595 1,631 2 820 2,820 3,263 3, 63 726 629 2007 2008 2009
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