Dubai Financial Market (dfm) - Pjsc · DFM:DFM
Dubai Financial Market (dfm) - Pjsc — Dubai Financial Market — Q1 2018 Earnings Presentation
29 slides from Dubai Financial Market (dfm) - Pjsc's earnings presentation, 2018
Slide 1: Dubai Financial Market Investor Presentation Q1 2018
Dubai Financial Market Investor Presentation Q1 2018 a www.dfm.ae
Slide 2: Disclaimer
This Investor Presentation has been prepared by Dubai Financial Market PJSC (“DFM” or the “Company”) for investors, solely for informational purposes. The information contained herein has been prepared to assist prospective investors in making their own evaluation of the Company and does not purport
Slide 3: Market statistics overview
a Source: DFM analytics. Note: Trading statistics for DFM excludes Nasdaq Dubai. Foreign investors defined as non-UAE investors. 1 Velocity is calculated as annualized trade value / end of period market capitalization. * Excluding one listed ETF.
Slide 4: Increasing Rate of Growth
1 2 4.7% a 3.1% 3.1% 3.0% 3.0% 2.6% 1.4% 1.3% 1.1% 3 4 Increasing Rate of Growth 58 57 56 56 56 56 57 55 56 57 55 55 71.4 72.6 76.9 77.6 77.6 54 5.4 67.3 67.8 69.3 71.1 80 62.5 64.7 5.2 70 5.3 5.2 5.3 5.3 60 5.0 5.2 5.1 5.1 50 4.8 4.9 4.9 40 4.6 4.7 30 4.4 4.5 20 4.2 10 4.0 0 2008 2009 2010 2011 201
Slide 5: Dubai GDP CAGR 2010-2017
• — • a • • • • GDP Figures might not add up due to rounding. Source: Dubai Statistics Centre • Preliminary Estimates FY 2017. • CAGR 2010-2017 9% 4% 5%
Slide 6: DFM 2021 mission and positioning
SS DEM NY / ee Wy Embracing a new mission for 2021 will strengthen our leading position in our industry DFM 2021 Bringing the highest possible value to the UAE’s economic ecosystem, our stakeholders & our shareholders Positioning ———_—__ Strengthening the core offerings Developing new capabilities I
Slide 7: Strategic Objectives 2021
Promoting happiness and satisfaction of existing and DFM future shareholders as well as Strategic stakeholders Objectives 2021 Sustaining a stable financial performance and diversifying sources of income Cementing DFM’s position as a Smart Borse 5 key strategic objectives Building competencies Devel
Slide 8: Strategic Programs 2021
DFM Strategic Programs 2021 FIVE PROGRAMS AIMING AT SUSTAINING A STABLE FINANCIAL PERFORMANCE AND DIVERSIFYING SOURCES OF INCOME INCREASING TRADE VOLUMES « ) CJ PROGRAM VIA FULL TRADE CICICI TYPE OFFERINGS = ENHANCING EQUITY LISTING PROGRAM AND SUPERIOR SERVICES _ = aA MAXIMISING INVESTOR SERVICES U
Slide 9: DFM PJSC Holding Company
DFM PJSC asa Holding Company DFM Silallegy gps! DFM PJSCis becoming a Holding Company As part of a comprehensive development of the post-trade functions and in line with the international best practices, the DFM PJSC shareholders ratified establishing an independent company for clearing and deposito
Slide 10: a
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Slide 11: Strategic Milestones: Building Strong IPO Pipeline
& DFM YQ 7} loll eva gous WY . Strategic . Milestones says Building Strong IPO Pipeline P @ Oil Price Drop ¢.50% Dubai Won Expo 2020 Ongoing © 4” DEM IPO Transactions Forum 1*DFM 2" DEM IPO Forum IPO Forum 3" DFM IPO Forum © Increased IPO interest a a Revival Strategy IPO Study of IPOs Review 2024 o
Slide 12: Sectors Mix of Dubai's GDP vs. DFM's future
Sectors Mix of Dubai’s GDP vs. DFM’s future. Dubai Real GDP Breakdown - FY 2017* Oil & Mining 17% Hotels & Restaurants 8.2% Trade Manufacturing. 9.4% Financial Sector. 10.4% Other Sectors 18.4% Transportation 11.8% Real Estate & Construction 13.4% & DFM iw "4 loll eva gous WY DFM’s IPO pipeline stra
Slide 13: Issuer Transactions 2000-2018
Issuer Transactions a 2000 – 2018 4 12
Slide 14: DFM Market Velocity vs Global Average Velocity
a DFM Market Velocity Global Average Velocity
Slide 15: DFM Presents Significant Growth Opportunities
LAY «3 DFM iw PP silollevs sow YZ Equity Market Capitalisation to GDP" Number of Listed Companies? DFM Presents “ 3 . oge 127% 126% 123% a Significant gs 91% gu%6 e828 8 Growth 5%. seyy 2s eae 13% 38% 349 7 2 8 Opportunities sues iF E828 | I. ! ! Poeun ert t® . , oe Brest sugeeuse ud tbs dex EB USA
Slide 16: Continued Foreign Investor Interest
& DFM iw "4 sllell gua gous WY — DFMcontinues its efforts, in co- Foreign Investors’ Trading Share operation with issuers and ° investment banks, to attract foreign Continued investors’ interest in DFM listed 44% 46% Foreign companies. Investor Interest — UAE was classified as a global emerging mark
Slide 17: Increasing Institutional Investor Base
DFM <Sileleva gu Institutional Trading Share (%) Institutional Ownership (% of Market Cap) Increasing ox 33% Institutional a ee 70% Investor Base 24% FY 2013 Qi 2018 FY 2013 Qi 2018 Commentary — The DFM has attracted an increasing institutional investor base, in light of the sound national economy a
Slide 18: DFM PJSC Stock Trading Activity
DFM <Sileleva gu DFM PJSC is one of the most Liquid Stocks on the Exchange DFM PJSC Stock Trading Activity 82.8 52.3 29. 9.0 26.3 211 14.4 122 13.1 114 no 38 11.2 45 5.0 2012 2013 2014 2015 2016 2017 Qi 2018 i Average Daily Traded Volume (mn) im Average Daily Traded Value (AED mn) Source: DFM analyt
Slide 19: Financial Highlights
& DFM iw 7} loll eva gous WY HH DFM continues to provide advanced and innovative products/services as part of its strategy to diversify revenue streams and increase non-trading commission income. Recurring Revenue (AED mn) Total Revenue Mix (%) o * 4309 Financial eee Highlights 152.0 101.6 FY 2017 Q
Slide 20: Stable Expense Base
SS DEM Nv "4 gill gs gp Wy Breakdown in AED mn Total expenses (AED mn) Stable Expense Base Interest Expense Maintenance Expenses Depreciation Other Expenses Amortization of Intangible Assets Payroll & Other Benefits 49.3 14.1 22.4 Ql 2017 52.4 aa 03 24 14.1 24.3 Qi 2018 Note: Consolidated expenses;
Slide 21: Dividend History and Selected Balance Sheet Items
Dividend Dividends (AED mn) Selected Balance Sheet Items GS) DFM NY / ee Wy Payout Pivdend 00500705005 560 (AED) History 400 400 400 2013 2014 2015 2017 Dividend Pay-out (% of Net Profit)" 171% 142% 153% 2013 2014 2015 2017 Note: Consolidated financial statements 1 Calculated as dividend (paid follo
Slide 22: Strong Balance Sheet with Significant Financial Assets
CNS «S)) DFM WBF asters YY Main Financial Assets Main Financial Assets Breakdown Q1 2018 (AED mn) Qi 2018 Investment in Sukuk Strong Balance Cash and Cash Equivalents 9% ° Sheet with Managed Funds | Cash and Cash ee Significant Imeero % ON Equivalents Financial aN 28% Assets Less than 3 Months 860 I
Slide 23: a 13.3 11.1 5.7 2.2 2.3 1.1 1.4 0.4
16 a 13.3 11.1 5.7 2.2 2.3 1.1 1.4 0.4 22
Slide 24: Appendices
a APPENDICES 23 www.dfm.ae
Slide 25: Income statement
CNS GS) DFM GIGI stestevssout YY (AED mn) FY 2017 Q1 2017 Q1 2018 Trading Commission Fees 255.3 105.0 46.2 Brokerage Fees 21.0 51 57 Clearing, Settlement and Depositary Fees 36.9 104 62 Listing and Market Data Fees 98 28 25 Other Fees 6.0 11 09 D FM Operating Income 329.0 124.4 61.5 Consolidated Inv
Slide 26: Regulatory relationships and ownership structure
GS) DFM GS DEM Wy Dubai Financial Services Authority (DFSA) (International Regulations) . . Regulatory Relationship Auth with Nasdaq Dubai & Securities & Commodities Authority (SCA) (UAE Regulations) Nasdaq Dubai Regulatory Authority Stock Exchanges ADX | Ou gt Nasdaq Dubai ‘ABU DHABI SECURITIES EXC
Slide 27: New Company Law Supporting IPO Market
CNS «S)) DFM WBF asters YY Requirements Old New | otersie | © Not be less than AED 10 million * Not be less than AED 30 million Founders hold not less than 20% and not more ° Founders hold not less than 30% and not more than 70% of Founders Hold than 45% of the total authorized Share Capital the tot
Slide 28: Investor Relations Contacts
Investor Relations Contacts @) OFM For additional Investor Relations information: Investor Relations Website: www.dfm.ae/dfm-investor-relations Investor Relations Contacts: Haneen Nashashibi Areej Al Saeed Head of Investor Relations Manager Chairman's Office Tel: +971 4 305 5650 Tel: +971 4 305 5607
Slide 29: Disclaimer and Contact Us
Disclaimer: Contact Us: The information provided in this document (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Infor
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