Amlak Finance Pjsc · DFM:AMLAK
Amlak Finance Pjsc — Q3 2020 Earnings Presentation
24 slides from Amlak Finance Pjsc's earnings presentation, Nov 18, 2020
Slide 1: Amlak Finance PJSC Investor Presentation Q3 2020
Amlak Finance PJSC Investor Presentation Q3 2020
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 DLD announced that 10,728 new investors entered the real estate market of Dubai in the first nine months of 2020 representing 70% of the total investors of the period. This could
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 350 299 UAE 2019 Dubai (Q1 2020) 278 26.11 300 25.03 247 241 250 30.00 23.16 23.00 237
Slide 6: Dubai Real Estate Market
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Dubai Real Estate Market The total residential supply added to the Dubai market in the third quarter of 2020 is around 9000 units. The annual supply for the year 2020 now stands at around 25,000 units
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 The Central Bank of UAE dropped the 3 months, 6 months and 12 months EIBOR rates by 33%, 43% and Number of Mortgage Transactions Value of Mor
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 as a Private Shareholding Company. • At the constituent shareholders meeting held on
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 • Ensuring full compliance with and adherence to revised agreement reached with the Depositors. Liquidity & Restructuring • Flawle
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 Share Price Return on Equity Quality service Shareholders Innovative products Liability Differentiation management Customers Financiers Covenants Transparency C
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 Investments Corporate Finance Segment Asset Mix – Q3 2020 Real Estate Finance (REF) (REI) a
Slide 16: Segment Strategy
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Segment Strategy Real Estate Finance (REF) Real Estate Investments (REI) Corporate Finance & Investment (CFI) Actual Targeted Actual Targeted Actual Targeted Key Metrics Key Metrics Key Metrics Q3 2020
Slide 17: Group Income Statement
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Income Statement AED in Mn Q3 2020 vs. Q3 2019 Sep 2020 vs. Sep 2019 Particulars Q3 2020 Q3 2019 Sep 2020 Sep 2019 Variance Change in % Variance Change in % Income from Financing and Investing ass
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 Total Income (Excluding fair value gain/loss Income from Financing Rental Income on investment properties) and Investing Assets Sep 2020 129 Sep 2020 35 Sep 202
Slide 19: Group Balance Sheet
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Balance Sheet AED in Mn Sep 2020 vs. YE 2019 Particulars Sep 2020 YE 2019 Variance Change in % Cash and Balances with Banks 241 183 58 32% Islamic Financing and Investing Assets 2,246 2,435 (189)
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 – Sep 2020 5% 2% 5% 2020 1,842 2020 222 49% 2019 2,320 2019 297 40% 2018 2,543 2018 297 Islamic financing
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) 2020 55% 2020 6% -41% 2020 2019 54% 2019 4% -27% 2019 2018 58% 2018 5% -19% 2018 Return on Asse
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