Alliance Global Group Inc. · PSE:AGI

Alliance Global — H1 2009 Earnings Presentation

19 slides from Alliance Global's earnings presentation, 2009

  1. Slide 1: Alliance Global Group, Inc. 1H 2009 Results

    Alliance Global Group, Inc. 1H 2009 Results 1

  2. Slide 2: Financial highlights

    Financial highlights Revenue Net income CAGR: 35.3% Net income CAGR: 57.0% 36,109 Net to AGI CAGR: 61.2% YoY Growth: 29% 30,451 6,106 YoY Growth: 12% 5,033 19,867 2,905 3,447 17,312 3,909 14,573 , 15,436 3,293 3, 93 2,669 1 579 1,579 1,729 2,436 1,697 933 1,740 2,197 1,176 972 1,010 646 2005 2006 20

  3. Slide 3: Solid balance sheet

    Solid balance sheet Debt profile Capitalization ratio 13% 14% 22% 24% 24% 27,602 24,067 22,983 87% 86% 78% 76% 76% 13,768 15,023 13,055 8,400 7 168 7,168 4,363 3,269 2005 2006 2007 2008 1H 09 2005 2006 2007 2008 1H 09 Debt Cash Debt Equity Source: Company information on a proforma consolidated basis

  4. Slide 4: Compelling revenue and net income growth

    Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 45.0% CAGR: 23.2% CAGR: 34.3% Net income to AGI CAGR: 50.4% 36,109 30,451 9,555 YoY Growth: 12% 8,087 YoY Growth: 31% 6,106 YoY Growth: 33% 5,033 19,867 17,312 5,295 5,239 15,436 3,909 3,985 3,447 2,905 3,2

  5. Slide 5: 1H 2009 Results

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  6. Slide 6: Megaworld 1H 2009 Results

    MEGAWORLD 1H 2009 Results

  7. Slide 7: Revenue Breakdown

    Revenue Breakdown 1H 2009 1H 2008 Real Estate Rental Income Rental Income 11% Real Estate 82% 78% 9% Hotel Operations p Hotel Operations 1% 2% Interest & Other Interest & Other 6% 12% (in Php thousands) 1H 2009 % Change 1H 2008 Real Estate Revenues 77,161,379 161 379 23% 55,842,317 842 317 Rental In

  8. Slide 8: Revenues

    Revenues (in thousands) 1H 2009 % Change 1H 2008 Real Estate Sales 6,065,548 15% 5,280,166 Interest Income on Real Estate Sales 433,102 40% 308,382 Realized GP , 662,729 161% 253,769 , Real Estate Revenues 7,161,379 23% 5,842,317 Rental Income , 939,717 46% 645,016 , Hotel Operations 103,084 -16% 12

  9. Slide 9: Income Statement

    Income Statement (in Php thousands) 1H 2009 1H 2008 % Change Real Estate Sales 6,065,548 5,280,166 15% Interest Income on Real Estate Sales 433,102 , 308,382 , 40% Total Real Estate Sales 6,498,650 5,588,548 16% Cost of Real Estate Sales 4,029,837 3,623,524 11% Gross Profit on Real Estate Sales 2,46

  10. Slide 10: Margin Calculation

    Margin Calculation (in Php thousands) 1H 2009 1H 2008 % Change Real Estate Sales 6,065,548 5,280,166 15% Interest Income on Real Estate Sales 666,415 422,408 58% Total Real Estate Sales 6,731,963 5,702,574 18% Cost of Real Estate Sales 4,029,837 3,623,524 11% Gross Profit on Real Estate Sales 22,702

  11. Slide 11: Solid Balance Sheet

    Solid Balance Sheet Net Cash C Position (in Php millions) 25,000 21,424 21,357 20,000 19,029 15 727 15,727 15,000 13,638 13,991 12,325 12,248 11,687 11,873 9,982 10,088 10,556 9,952 10,000 8,716 7,104 7 286 7,286 7,083 6,353 6,613 5,000 0 1Q 2007 1H 2007 9M 2007 FY 2007 1Q 2008 1H 2008 9M 2008 FY 20

  12. Slide 12: Real Estate Sales: MEGA Projects Driving Growth

    Real Estate Sales (in Php) 1Q 2009 % of Sales 1Q 2008 % of Sales Eastwood City 286,081,886 10% 430,870,082 13% Forbes Town Center 581,304,675 19% 1,158,669,713 35% McKinley Hills 359,624,421 12% 420,037,468 13% Newport City 322,797,085 11% 486,909,042 15% Manhattan Garden City 605,096,106 20% 285,06

  13. Slide 13: Breakdown of Real Estate Sales

    Breakdown of Real Estate Sales (in Php) EASTWOOD CITY 2Q2009 2Q2008 EASTWOOD PARKVIEW 1 & 2 61,509,358.50 33,372,934.28 GRAND EASTWOOD PALAZZO 1 & 2 5,245,535.71 26,690,551.49 EASTWOOD LAFAYETTE - 1,200,000.00 OLYMPIC HEIGHTS 8,975,714.29 1,479,653.13 ONE ORCHARD ROAD 1 TO 3 34,449,202.54 42,864,448

  14. Slide 14: Reservation Sales Estimates

    Reservation Sales Estimates Php (in Billions) 25 YoY Growth: 24.2 20 27% ’05-’08 CAGR: 49% 19.1 15 YoY 10.9 ’03-’05 CAGR: 15% G Growth: th 85% 10 YoY10.3 Growth: 41% 10.5 13.4 5 6.5 7.3 1H08 1H0 1H07 5.5 9 0 2003 2004 2005 2006 2007 2008 1H 2009 Reservation Sales (RS) 2003 2004 2005 2006 2007 2008 1

  15. Slide 15: Reservation Sales: Transforming Communities = Enhancing Value

    Reservation Sales Project As of 1H 2009 As of 1H 2008 As of 1H 2007 (in Php except units) Units Amount Units Amount Units Amount Eastwood City 272 1,464,797,071 297 1,631,390,297 342 1,262,336,947 Forbes Town Center 187 1,013,037,383 351 2,642,350,088 306 1,733,484,563 McKinley Hills 439 2,117,979,9

  16. Slide 16: Emperador Distillers, Inc.

    EMPERADOR DISTILLERS, INC.

  17. Slide 17: Robust financial performance

    Robust financial performance Revenue Gross profit and margin 33.9% 7,117 26 2% 26.2% 2 412 2,412 26 2% 26.2% 28 6% 28.6% 5,551 21.9% 4,298 14.5% 1,457 1,128 2,805 , 2 560 2,560 672 2 346 2,346 561 408 2004 2005 2006 2007 2008 1H 09 2004 2005 2006 2007 2008 1H 09 EBITDA and margin Net income and marg

  18. Slide 18: Golden Arches Development Corporation

    — oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION

  19. Slide 19: Strong rebounding profit and margins

    Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 6.8% CAGR: 17.6% 8 378 8,378 7,407 Margins 21.5% 19.5% 6,570 19.4% 22.7% 6,429 6,124 13.3% 17.6% 1,631 1,595 4,667 1,272 1,076 1,058 852 2004 2005 2006 2007 2008 1H 09 2004 2005 2006 2007 2008 1H 09 EBITDA and margin

Alliance Global Group — H1 2009 Earnings Presentation on 6ix