Fibra Inn · BIVA:FINN/13
Fibra Inn — Q2 2016 Earnings Presentation
16 slides from Fibra Inn's earnings presentation, Jul 29, 2016
Slide 1: Second Quarter 2016 Results Conference Call
p Second Quarter 2016 Results Conference Call July 29, 2016
Slide 2: Agenda
Agenda Second Quarter 2016 Results I. Highlights of the Quarter II. Quarterly Distribution and Dividend Yield III. Acquisition and Development of Properties IV. Operational and Financial Highlights V. Closing Remarks VI. Q&A Session 2
Slide 3: I. Highlights of the Quarter
Conference Call Second Quarter 2016 Results I. Highlights of the Quarter
Slide 4: Highlights of the Quarter
Highlights of the Quarter Quarterly Same Stores Sales (39 Hotels) 2Q16 2Q15 Variation Room Revenue 398.8 335.0 19.0% Occupancy excluding the addition of rooms 64.1% 56.9% 7.1 pp Occupancy 62.8% 56.9% 5.9 pp ADR 1,119.0 1,057.6 5.8% RevPAR excluding the addition of rooms 716.8 602.1 19.1% RevPAR 702.
Slide 5: I. Quarterly Distribution and Dividend Yield
Conference Call Second Quarter 2016 Results I. Quarterly Distribution and Dividend Yield
Slide 6: Distributions and Dividend Yield
Distributions and Dividend Yield Total Distribution (millions) Quarterly Dividend Yield % 2Q16 2Q15 Var Period 2014 2015 2016 99.3 88.3 12.4% 1Q 5.6% 4.6% 6.6% 2Q 3.7% 5.4% 6.7% 3Q 5.3% 4.8% 4Q 4.2% 6.0% Year 4.9% 5.6% Distribution Ps. Per CBFI Period 2014 2015 2016 1Q 0.2283 0.1797 0.2211 2Q 0.1683
Slide 7: II. Acquisition and Development of Properties
Conference Call Second Quarter 2016 Results II. Acquisition and Development of Properties
Slide 8: JW Marriott Monterrey
JW Marriott Monterrey • Fibra Inn obtained an engagement letter from the investor, in acceptance of the Trust. Key Facts • Final negotiations with the two third party Total Investment* Ps. 1,030.1 million investors Initial deposit Ps. 55.5 million • Fibra Inn worked on the design of the project with
Slide 9: Casa Grande Ciudad Juarez
Casa Grande Ciudad Juarez April 26, 2016 – Acquisition and Payment Key Facts Investment Ps. 111.3 million Number of Rooms 145 Segment Full Service Strategy Conversion to Holiday Inn brand and addition of 50 rooms *Excluding acquisition-related expenses 9
Slide 10: Current Standing
Current Standing Variation 2Q16 2Q15 2Q16 vs 2Q15 Hotels(1) 42 33 9 Rooms(1) 7,027 5,940 1,087 Developments 0 2 -2 Land banks 1 1 - Segments 4 3 +1 States 15 15 - Global Brands 13 12 +1 Local Brands 5 2 +3 External Hotel Incubator 1 - +1 (1) Includes operating properties, hotels under development an
Slide 11: III. Operational and Financial Review
Conference Call Second Quarter 2016 Results III. Operational and Financial Review
Slide 12: Fibra Revenue
Fibra Revenue Financial Indicators 2Q16 % 2Q15 % Var % (Ps. millions) Room Revenue 419.0 94.9 291.4 94.0 43.8 Rental Revenue 22.4 5.1 18.7 6.0 19.7 Total Revenue for Fibra 441.4 100.0 310.1 100.0 42.3 2.7% 13.9% Total Revenue by Segment 14.3% 41.3% Limited 39.3% Select Full 44.9% Extended Stay 43.7%
Slide 13: Quarterly Income Statement
Quarterly Income Statement Income Statement 2Q16 % 2Q15 % Var. Ps. Var. % (Ps. millions) Total Fibra Revenue 441.4 100.0% 310.1 100.0% 131.3 42.3 Operating Expenses 273.8 62.0 193.6 62.4 80.2 41.4 NOI 167.6 38.0 116.5 37.6 51.1 43.9 Acquisition Expenses 8.1 1.8 18.4 5.9 -10.3 -55.9 EBITDA 135.9 30.8
Slide 14: Balance Sheet
Balance Sheet Balance Sheet June 30, 2016 % Dec 31, 2015 % (Ps. millions) Cash & equivalents 440.5 4.7 796.8 8.7 Total Assets 9,312.7 100.0 9,188.3 100.0 Bank Debt Liability 16.2 0.7 8.7 0.4 Total Short Term Liabilities 181.9 7.7 225.4 10.5 Bank loans 322.5 13.7 69.4 3.2 Total Long Term Debt 2,174.5
Slide 15: VII. Question and Answer Session
Conference Call Second Quarter 2016 Results VII. Question and Answer Session
Slide 16: Note on forward-looking statements
Note on forward-looking statements This document may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management’s current view and estimates of future economic circumstances, industry conditions, Company performance and financial re