Exemplar Reitail Ltd. · JSE:EXP
Exemplar Reitail — Q1 2019 Earnings Presentation
11 slides from Exemplar Reitail's earnings presentation, November 2018
Slide 1: Exemplar REITail Limited
EXEMPLAR EXEMPLAR REITAIL LIMITED
Slide 2: Condensed Consolidated Statement of Financial Position
EXEMPLAR CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION Unaudited as at R'000 31 Aug 2018 Non current assets 5 204 237 Investment Property 4 962 830 Operating Lease Asset 159 434 Property, Plant and Equipment 526 Loans Receivable 81447 Current assets 110 301 Cash and Cash Equivalents 74525 T
Slide 3: Condensed Consolidated Statement of Comprehensive Income
EXEMPLAR CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME Unaudited for the 3 months ended R'000 31 Aug 2018 Property portfolio 166 724 Rental income and recoveries 162 448 Straight-line lease income adjustments 4276 Property operating expenses (59 593) Net rental and related income 107 131
Slide 4: Changes in Equity
EXEMPLAR CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Unaudited for the period ended R'000 31 Aug 2018 Non- Stated Retained controlling capital earnings interest Total Balance at 17 January 2018 - - - - Issue of shares on listing 3077 254 - - 3077254 Share issue expenses (21 964) - - (21 96
Slide 5: Cash Flows
EXEMPLAR CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Unaudited for the 3 months ended R'000 31 Aug 2018 Cash generated from operations 99 587 Interest income 2 369 Finance costs (41 018) Cash inflow from operating activities 60 938 Additions to investment property (1 353) Cash outflow to investin
Slide 6: Introduction
EXEMPLAR INTRODUCTION Exemplar was incorporated as a public company on 17 January 2018 and listed on the main board of the JSE on 12 June 2018 in the “Retail REITs” sector. It holds a portfolio of income generating properties that were acquired in a sequence of transactions with an effective date of
Slide 7: Property Portfolio
EXEMPLAR PROPERTY PORTFOLIO Exemplar holds, either directly or indirectly, a portfolio of 20 income generating shopping malls in peri-urban townships and rural areas of South Africa. The properties are all internally managed. The properties were internally valued by the directors at the reporting da
Slide 8: Borrowing and Interest Rate Hedging
EXEMPLAR BORROWING AND INTEREST RATE HEDGING Total facilities available to the Company at the reporting date amounted to R1,9 billion of which R1,781 billion had been utilised at the reporting date. R200 million of the total facilities are structured as a revolving credit facility against which surp
Slide 9: Segment Analysis
EXEMPLAR SEGMENT ANALYSIS Profit from Investment R'000 Revenue operations property GLA (m2) Gauteng 69 413 45 642 2 333 750 123 573 Mpumalanga 36 899 25115 1158744 81079 KwaZulu Natal 25992 14 244 745 071 59 224 Limpopo 24441 13 836 684 401 55 058 Eastern Cape 5 703 3 606 178 430 13 597 Exemplar H/O
Slide 10: Prospects
EXEMPLAR PROSPECTS The board of directors of Exemplar is confident that the Company will deliver the forecast distribution of at least 61.37 cents per share for the 9 months ending 28 February 2019 as detailed in the prospectus. As indicated in the prospectus this view assumes no material deteriorat
Slide 11: By Order of the Board
EXEMPLAR BY ORDER OF THE BOARD Exemplar REITail Limited 2 November 2018 EXECUTIVE DIRECTORS (CEO) (EXECUTIVE DIRECTOR) (CFO) NON-EXECUTIVE DIRECTORS FM Berkeley (Chairman), PJ Katzenellenbogen (Lead independent director), GVC Azzopardi, EP Maponya COMPANY SECRETARY A Booysen BA(Hons) LLB REGISTERED