Robinsons Land Corp. · PSE:RLC

Robinsons Land — Q1 FY2016 Earnings Presentation

11 slides from Robinsons Land's earnings presentation, February 2016

  1. Slide 1: Q1FY2016 Briefing Call

    Q1FY2016 Briefing Call February 2016

  2. Slide 2: Financial Highlights – Q1FY2016

    FINANCIAL HIGHLIGHTS – Q1FY2016 PhP MM REVENUES %Total YoY EBITDA %Total YoY EBIT %Total YoY RLC RLC RLC malls 5,388 100% 13% 3,005 100% 16% 2,198 100% 20% 2,481 46% 13% 1,674 56% 10% 1,061 48% 13% offices 655 12% 40% 634 21% 37% 489 22% 47% hotels 498 9% 11% 198 7% 14% 157 7% 17% residential 1,753

  3. Slide 3: Strong Balance Sheet Position

    STRONG BALANCE SHEET POSITION TOTAL ASSETS (PhP MM) SHAREHOLDER’S EQUITY (PhP MM) 111,712 58,445 99,068 85,369 56,795 52,570 FY14 FY15 Q1FY16 FY14 FY15 Q1FY16 RETURN ON EQUITY NET DEBT TO EQUITY 51% 42% 10.7% 32% 9% 10% FY14 FY15 Q1FY16 FY14 FY15 Q1FY16 3

  4. Slide 4: Malls: Revenues, EBITDA, EBIT

    REVENUES +13% 2,481 2,200  Second largest mall operator in Q1FY15 Q1FY16 the Philippines with 41 malls EBITDA  1,151,000 sqm in GLA +10%  2,181,000 sqm in GFA 1,674  95% latest system-wide occupancy 1,518  Approximately 8,000 retailers  Same mall rental revenue Q1FY15 Q1FY16 growth at 7% EBIT

  5. Slide 5: Offices: Revenues, EBITDA, EBIT

    REVENUES +40% 655 467  A leading BPO office space provider with 310,000 sqm net leasable space Q1FY15 Q1FY16  Total leased space for our 11 office buildings is 97% EBITDA  Dominant landlord in the +37% Ortigas Central Business District 634 462 Q1FY15 Q1FY16 EBIT +47% 489 334 Q1FY15 Q1FY16 5

  6. Slide 6: Hotel Properties

    14 Hotel Properties REVENUES EBITDA +11% +14% 198 498 447 174 Q1FY15 Q1FY16 Q1FY15 Q1FY16 EBIT # of Rooms +17% +8% 157 2,174 134 2,019 Q1FY15 Q1FY16 Q1FY15 Q1FY16 6

  7. Slide 7: Sales Take-Up

    SALES TAKE-UP 8% 1,879 1,746 221 166 368 20% 633 1,209 767 896 64% 4% 12% 51 83 Q1FY15 Q1FY16 CAGR: +11% 8,623 9,313 8,966 6,009 5,749 2011 2012 2013 2014 2015 7

  8. Slide 8: Realized Revenues

    REALIZED REVENUES +5% 1,753 1,676 Q1FY15 Q1FY16  Realized Revenues amounted to PhP1.8B  EBITDA amounted to PhP500M  EBIT amounted to PhP491M 8

  9. Slide 9: Capital Expenditure and Landbank

    CAPITAL EXPENDITURE AND LANDBANK CAPITAL EXPENDITURE - Philippines 17,000 14,274 14,218 14,975 9,100 Investment Capex 6,009 6,423 4,903 7,867 Development Capex 4,328 3,982 4,300 Land Acquisition 3,734 3,618 5,404 4,570 3,937 2,538 3,600 947 960 236 FY2013 FY2014 FY2015 Q1FY2016 FY2016B LANDBANK (as

  10. Slide 10: Moving Forward – Future Plans & Strategies

    MOVING FORWARD – Future Plans & Strategies +21% +11% 455,000 +15% +15% +4% 1,395,000 13% +5% +16% 1,260,000 +42% 375,000 Gross 1,056,000 1,095,000 Net 310,000 325,000 Leasable 275,000 Leasable 913,000 4,903 Area Area 193,000 (sqm) (sqm) 3,618 FY2013 FY2014 FY2015 FY2016 FY2017 FY2013 FY2014 FY2015 F

  11. Slide 11: Thank You

    THANK YOU (Z ROBINSONS LAND CORPORATION

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