Robinsons Land Corp. · PSE:RLC
Robinsons Land — 1HFY2013 Earnings Presentation
10 slides from Robinsons Land's earnings presentation, May 16, 2013
Slide 1: Quarterly Investors' Briefing
QUARTERLY INVESTORS’ BRIEFING 16 May 2013
Slide 2: Financial Highlights – 1HFY2013
FINANCIAL HIGHLIGHTS – 1HFY2013 PhP MM REVENUES %Total YoY EBITDA %Total YoY EBIT %Total YoY RLC RLC RLC 7,922 100% 17% 4,185 100% 16% 2,999 100% 17% mallls 3 577 3,577 45% % 14% % 2 464 2,464 59% % 11% % 1 581 1,581 53% % 8% % offfices 717 9% 6% 691 17% 6% 497 17% 8% hotels 778 10% 15% 256 6% 26% 1
Slide 3: Strong Balance Sheet Position
STRONG BALANCE SHEET POSITION TOTAL ASSETS (PhP MM) SHAREHOLDER’S EQUITY (PhP MM) 73,311 48,919 46 533 46,533 70,647 64,966 39,037 FY11 FY12 1HFY13 FY11 FY12 1HFY13 RETURN ON EQUITY CURRENT NET DEBT TO EQUITY 3 *Annualized
Slide 4: Malls: second largest mall operator in the Philippines
REVENUES +14% 3,577 3,151 EBITDA +11% ¾ Second largest mall operator in the Philippines with 32 malls 2,464 2,225 ¾ 910,000 sqm gross leasable space as of March 31, 2013 ¾ 95.4% latest system-wide occupancy EBIT +8% 1,469 1,582 , 4
Slide 5: Offices: leading BPO office space provider
REVENUES S +6% 678 717 ¾ One of the Philippine Philippine’s s leading BPO office space provider with 193,000 sqm net leasable space ¾ Total occupancy for 8 completed EBITDA buildings is 100% ¾ We continue to be a leading +6% provider of office spaces to BPOs in the Philippines, with 653 691 78% of o
Slide 6: Hotels: Revenues, EBITDA, EBIT and Occupancy Rate
REVENUES EBITDA EBIT +15% 680 778 +26% +40% 204 256 116 163 1HFY12 1HFY13 1HFY12 1HFY13 1HFY12 1HFY13 O Occupancy Rate R t 81% 82% 83% 84% 78% 70% 48% 56% 40% 46% 1HFY121HFY13 1HFY121HFY13 1HFY121HFY13 1HFY121HFY13 1HFY121HFY13 6
Slide 7: Residential: Sales Take-Up
SALES TAKE-UP +61% 70% 3 819 3,819 15% 2,369 10% 5% ¾ Net pre-sales 1HFY13 at PhP3.82B, 61% higher than same period last year ¾ 5 Expansion projects as of 1HFY2013 • - Axis Residences - Acacia Escalades • - Bloomfields Cagayan De Oro Ph2 • - Bloomfields General Santos Ph 2 • - Bloomfields Heights Li
Slide 8: Residential: Realized Revenues
REALIZED REVENUES +26% 2,850 2,263 1HFY12 1HFY13 ¾ Realized Revenues amounted to PhP2.85B ¾ EBITDA amounted to PhP773.9M ¾ EBIT amounted to PhP757.6M 8
Slide 9: Capital Expenditure and Landbank
CAPITAL EXPENDITURE AND LANDBANK CAPITAL EXPENDITURE 13,433 14,000 11,310 Investment Capex Development Capex 7,026 7,700 Land Acquisition 6,227 LANDBANK as of 31 March 2013 SUMMARY Area (has.) ESTIMATED VALUE PhP B Malls 157.6 Metro Manila 11.6 Condominiums* 24.8 24 8 Luzon 61 6.1 Offices* 1.5 Visay
Slide 10: Moving Forward – Future Plans & Strategies
MOVING FORWARD – Future Plans & Strategies +41% +10% +10% 273,000 +12% 1,000,000 1,100,000 910,000 193,000 193,000 813,000 Net Gross Leasable Leasable FY2011 Area FY2012 FY2013 FY2014 (sqm) FY2011 FY2012 FY2013 Area (sqm) 2 New Office Buildings Top 3 Malls 3 New Malls 4 New Malls 4 New Malls Cybersc