Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — H1 2021 Earnings Presentation
29 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2021
Slide 1: Dubai Investments PJSC H1 2021 Investor Presentation
Dubai Investments PJSC H1 2021 Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – Q2 2021 Financial Highlights Page 16 Operational Performance by Business Segment – Q2 2021 Page 20 Management Strategy & Outlook Page 22 Portfolio Information – Flagship Assets Page 26 Investor Relations Contacts and Awards Page
Slide 3: Dubai Investments Overview
Dubai Investments Overview 3
Slide 4: A Diversified Investment Company Listed on DFM
A Diversified Investment Company Listed on DFM Dubai Investments Overview – Total Assets of over AED 21.9 billion with over 16,500 shareholders A Glance at Dubai Investments Shareholders (June 2021) 11.5% Investment Corporation of Dubai ESTABLISHMENT OWNERSHIP TYPE 6.1% In 1995 as an on-shore Public
Slide 5: Board of Directors - A Well Seasoned and Experienced Team
Board of Directors - A Well Seasoned and Experienced Team Chairman – Abdulrahman Ghanem A. Al Mutaiwee Vice Chairman & CEO – Khalid Jassim Bin Kalban Mr. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has Mr. Khalid Bin Kalban has extensive experience in Manufacturing & Industrial
Slide 6: Diversified Portfolio of Assets Across Real Estate, Manufacturing and Services
Diversified Portfolio of Assets Across Real Estate, Manufacturing and Services Total Assets AED 21.9 BN 35% 7,805m As at 30th June 2021 Amounts in AED DUBAI INVESTMENTS 10% PARK DEV. COMPANY 2,163m 22% 4,730m 14.1 5.2 2.6 TREASURY PORTFOLIO billion billion billion 12% & OTHER 24% 64% 408m DUBAI INVE
Slide 7: Dubai Investments – A Diversified Portfolio of Investments
Dubai Investments – A Diversified Portfolio of Investments 7
Slide 8: 25 Years of Building Businesses and Creating Shareholder Value
25 Years of Building Businesses and Creating Shareholder Value Long-term investment approach in building underlying value of investees – provide the necessary strategic direction along with growth capital; exit businesses which have matured - enhance shareholder value through the capital gains EEP(1
Slide 9: Consistent Dividend Paying Company
Consistent Dividend Paying Company Annual Dividends Paid (AED million) & Annual Dividend Per Shareholder Returns – DIC vs. DFMGI Index Share (AED) 140 750 0.14 29.8% 0.12 0.12 0.12 120 0.12 600 0.10 0.10 100 1.5% 510 0.10 486 486 450 425 425 0.08 80 0.08 340 0.06 60 300 0.04 40 150 0.02 20 - - - 201
Slide 10: Management Summary – H1 2021 Financial Highlights
Management Summary – H1 2021 Financial Highlights 10
Slide 11: Key Messages: H1 2021
Key Messages: H1 2021 ▪ The Group recorded robust growth in Total Income by 52%, reaching AED 1,723.0 million vis-à-vis AED 1,137.1 million in H1 2020. The increase was largely due to increase in sale of properties within the Group’s Property segment ▪ Additionally, given the turn-around in financia
Slide 12: H1 2021 – Financial Highlights: Well Capitalized and Profitable Company
H1 2021 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 1,723.0 432.4 302.1 0.07 5.1% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT # EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** SHAREHOL
Slide 13: Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income
Evolution by Quarter: Rental Income Portfolio remains key contributor to Total Income Total Income and Rental Income (AED Million) EBITDA (AED Million) 1,085 330 323 768 771 218 706 725 691 758 672 638 242 236 236 234 213 223 215 228 225 238 232 465 212 198 217 211 195 868 220 481 487 474 527 461 55
Slide 14: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) 0.4 3.8 19.7 3.3 ( 28.7 ) 121.6 331.7 ( 19.0 ) 11.9 1,723.0 141.2 1,137.2 H1 2020 Sale of goods Rental income Contract revenue Sale of Gain/(loss) on FV Gain/(loss) on Gain on FV of Dividend income Share of profit Bargain H1 2021 p
Slide 15: Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio
Growth in Assets & Liabilities due to Acquisitions & Growth in Real Estate Portfolio Total Assets (AED Billion) Total Liabilities & Total Equity (AED Billion) 20.6 20.6 21.0 21.2 21.5 21.5 21.8 22.0 21.9 21.8 22.0 21.9 20.1 20.1 20.6 20.6 21.0 21.2 21.5 21.5 6.7 7.2 7.0 7.0 7.0 7.2 7.3 7.5 7.7 7.4 4
Slide 16: Operational Performance by Business Segment – H1 2021
Operational Performance by Business Segment – H1 2021 16
Slide 17: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights (H1 2021) ▪ The Group recorded AED 812.4 million in Total Income from this Total Income (AED m) segment, substantially higher than AED 529.5 million recorded within the 812 same period in the prior year.
Slide 18: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights (H1 2021) ▪ Total Income from the Manufacturing, Contracting & Services segment Total Income (AED m) increased to AED 818.7 million in H1 2021 from AED 670.2 m
Slide 19: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights (H1 2021) ▪ Total Income from Investments segment was AED 91.8 million in H1 Total Income (AED m) 2021 as compared to a negative income of (AED 62.6 million) in H1 101 92 202
Slide 20: Management Strategy & Outlook
Management Strategy & Outlook 20
Slide 21: Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns
Management Strategy & Outlook: Generate Sustainable Cash Flows to Maximize Shareholder Returns ▪ Continue to generate steady income, backed by recurring cash flow & rental income streams ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet Profitability ▪ Complete a
Slide 22: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 22
Slide 23: Dubai Investment Park - A "City within a City"
Dubai Investment Park - A “City within a City” TOTAL AREA NET LEASE AREA 23 17 million m2 million m2 LEASED PLOTS INDUSTRIAL ~1,100 60% LEASED RESIDENTIAL 98% 32% H1 2021 RENTAL COMMERCIAL INCOME 378 8% AED million Note: Figures are rounded to the nearest decimal 23
Slide 24: Emicool – The Leading District Cooling Provider
Emicool – The Leading District Cooling Provider Mirdif ESTABLISHED Dubai Culture Village Jumeirah Bay 2003 Rose Bay CUSTOMERS ~20,000 Dubai Motor City EMPLOYEES Dubai Sports City ~250 Dubai Investment Park ZONES DWTC ~8 Zones Note: Figures are rounded to the nearest decimal 24
Slide 25: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 1998 FACILIT Y Key Projects (UAE & Global) ~60,000 Sqm. PRODUCTION ~1.4 Mn Dubai Airport T3 Fairmont Hotel Index Tower Al Ain Stadium Sqm .Annually (UAE) (UAE) (UAE) (UAE) EXPORTS ~20 Countries Nanyang Lyons Langham Palace Nov
Slide 26: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 26
Slide 27: Investor Relations Contact
Investor Relations Contact Mushtaq Masood Maher Rabah Group Chief Financial Officer Investor Relations Dubai Investments PJSC Dubai Investments PJSC PO Box 28171 PO Box 28171 Dubai, UAE Dubai, UAE Phone +971 4 8122 400 Phone +971 4 8122 400 Email mushtaq@dubaiinvestments.com Email maher@dubaiinvestm
Slide 28: Key Events and Awards
Key Events and Awards Emicool completed Emirates Insolaire’s Development of Al Taif phase 1 of AI- colored photo-voltaic Business Center project enabled cooling solar panels will lead to is nearly 95% complete plant delivering a 85% of energy savings at and expected to be total of 60,000 TR EXPO 202
Slide 29: Disclaimer – Forward Looking Statements
Disclaimer – Forward Looking Statements This presentation has been prepared solely for informational purposes. The presentation may contain forward looking statements, which reflect our beliefs or current expectations and assumptions regarding the future of the business, future plans and strategies,
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