Dubai Investment (p.j.s.c) · DFM:DIC
Dubai Investment (p.j.s.c) — Dubai Investments PJSC — H1 2022 Earnings Presentation
30 slides from Dubai Investment (p.j.s.c)'s earnings presentation, 2022
Slide 1: Dubai Investments PJSC
Dubai Investments PJSC For the six-month period ended 30th June 2022 (“H1 2022”) Investor Presentation 1
Slide 2: Content
CONTENT Page 3 Dubai Investments Overview Page 10 Management Summary – H1 2022 Financial Highlights Page 17 Operational Performance by Business Segment – H1 2022 Page 21 Management Strategy & Outlook Page 23 Portfolio Information – Flagship Assets Page 27 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 c. AED 21.9 billion with c. 16,000 shareholders A Glance at Dubai Investments Shareholders (June 2022) 11.5% ESTABLISHMENT OWNERSHIP TYPE Investment Corp. of Dubai 6.1% In 1995 as an on-shore Publicly listed
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 Property, Manufacturing and Investments
Diversified Portfolio of Assets Across Property, Manufacturing and Investments Total Assets AED 21.9 BN 36% 7,811m As at 30th June 2022 Amounts in AED DUBAI INVESTMENTS 11% PARK DEV. COMPANY 21% 4,565m 14.1 5.2 billion 2.6 2,342m TREASURY PORTFOLIO billion billion 24% 12% & OTHER 64% 282m 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 capital gains EEP(100%
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) 200 750 0.12 0.12 0.12 0.12 180 0.12 160 49.0% 600 0.10 0.10 0.10 140 510 510 486 486 0.08 28.6% 120 450 425 425 0.08 0.08 100 340 319 0.06 80 300 0.04 6
Slide 10: Management Summary – H1 2022 Financial Highlights
Management Summary – H1 2022 Financial Highlights 10
Slide 11: H1 2022 – Financial Information
H1 2022 – Financial Information SUMMARY OF PROFITS AND LOSSES SUMMARY OF FINANCIAL POSITION Key Contributors (AED’ 000) H1 2022 H1 2021 Key Contributors (AED’ 000) 30th Jun 2022 31st Dec 2021 30th June 2021 6-month period ended 30th Jun 846,158 740,634 Property, plant and equipment 1,557,013 3,690,3
Slide 12: H1 2022 – Financial Highlights: Well Capitalized and Profitable Company
H1 2022 – Financial Highlights: Well Capitalized and Profitable Company TOTAL INCOME EBITDA PROFIT ATT. TO EPS ROE* SHAREHOLDERS 1,547.3 504.1 364.1 0.09 6.1% AED million AED million AED million AED per share TOTAL ASSETS CASH & CASH NET DEBT *** EQUIT Y ATT. TO NET DEBT / TOTAL EQUIVALENTS** SHAREH
Slide 13: Key Messages: H1 2022
Key Messages: H1 2022 ▪ The Group reported a total income of AED 1,547.3 million for the 6-month period ending 30th June 2022 as compared to AED 1,723.0 million during the same period in the prior year. This decline was largely due loss on fair valuation of investments as a result of volatility witn
Slide 14: 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) 1,085 330 218 845 847 267 768 771 761 786 236 236 234 239 237 672 638 201 208 228 212 213 209 207 198 465 211 195 170 220 244 461 556 557 443 868 64
Slide 15: Total Income Movement Year-on-Year
Total Income Movement Year-on-Year Total Income Bridge (AED Million) 3.6 3.9 ( 201.3 ) 105.5 ( 110.7 ) 0.3 26.7 7.7 ( 8.4 ) ( 3.1 ) 1,723.0 1,547.3 H1 2021 Sale of goods Rental income Contract revenue Sale of Gain/(loss) on FV Gain on sale of Gain on FV of Dividend income Share of profit / Bargain H
Slide 16: 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) 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 21.2 21.5 21.5 21.8 22.0 21.9 21.9 21.8 21.9 21.9 5.5 5.8 5.7 5.7 5.0 4.9 4.9 5.5 4.4 4.3 7
Slide 17: Operational Performance by Business Segment – H1 2022
Operational Performance by Business Segment – H1 2022 17
Slide 18: Property Segment – Development of Real Estate for Sale and Leasing
Property Segment – Development of Real Estate for Sale and Leasing Property Financial highlights ▪ This segment reported a total income of AED 607.8 million in H1 Total Income (AED m) 2022, lower than AED 812.4 million reported during the prior period. 812 The decrease was largely on account of bulk
Slide 19: Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education
Manufacturing Segment – Manufacturing, District Cooling, Healthcare and Education Manufacturing, Contracting & Services Financial highlights ▪ This segment reported a total income of AED 928.0 million in H1 Total Income (AED m) 2022, an increase of AED 109.3 million as compared to the same 819 928 p
Slide 20: Financial Inv. Segment – Strategic Interests in Associates & Financial Investments
Financial Inv. Segment – Strategic Interests in Associates & Financial Investments Financial Investments Financial highlights ▪ This segment reported a total income of AED 11.5 million in H1 2022 Total Income (AED m) as compared to AED 91.8 million in the prior period. This was mainly 92 due to loss
Slide 21: Management Strategy & Outlook
Management Strategy & Outlook 21
Slide 22: 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 Profitability ▪ Focus on monetizing real estate investment portfolio to deleverage the balance sheet ▪ Sale of al
Slide 23: Portfolio Information – Flagship Assets
Portfolio Information – Flagship Assets 23
Slide 24: 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 2022 RENTAL COMMERCIAL INCOME 378 8% AED million Note: Figures are rounded to the nearest decimal 24
Slide 25: Emicool – The Leading District Cooling Provider
Emicool – The Leading District Cooling Provider Mirdif ESTABLISHED Dubai Culture Village 2003 Jumeirah Bay Al Warqa’a Rose Bay CUSTOMERS ~22,000 Dubai Motor City EMPLOYEES Dubai Sports City ~250 Dubai Investment Park ZONES DWTC ~10 Zones Note: Figures are rounded to the nearest decimal One additiona
Slide 26: Glass LLC – The Glass Pioneer in the Middle East
Glass LLC – The Glass Pioneer in the Middle East ESTABLISHED Subsidiaries 2006 FACILIT Y Key Projects (UAE & Global) ~45,000 Sqm. of Built-up Area PRODUCTION ~3.9Mn Dubai Airport T3 Abu Dhabi Index Tower Al Ain Stadium * Sqm. (FY21) (UAE) Airport T3 (UAE) (UAE) (UAE) EXPORTS ~40 Countries Nanyang Ly
Slide 27: Investor Relations Contacts and Awards
Investor Relations Contacts and Awards 27
Slide 28: 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 29: Key Events and Awards
Key Events and Awards Dubai Investments Dubai Investments real Dubai Investments Park divests 50% stake in estate leased out 90% installs electric vehicle Emicool to Actis at a of the retail spaces at charging station promoting corporate valuation of the Mirdif Hills Avenue sustainable transportatio
Slide 30: 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,
Dubai Investments PJSC — H1 2022 Earnings Presentation on 6ix