Samhallsbyggnadsbolaget I Norden Ab Class B · OMXSTO:SBB_B
Samhallsbyggnadsbolaget I Norden Ab Class B — Q4 2019 Earnings Presentation
10 slides from Samhallsbyggnadsbolaget I Norden Ab Class B's earnings presentation, Feb 19, 2020
Slide 1: Webcast Presentation: SBB, Year-End Report 2019
Q4 WEBCAST PRESENTATION: SBB, YEAR-END REPORT 2019 Adjunkten 2, Linköping February 2020
Slide 2: Strong Operating Profit Q4 – Rolling 12 Months
STRONG OPERATING PROFIT Q4 – ROLLING 12 MONTHS Current earnings capability for the Group for 12 months SEKm Surplus ratio: 71% 6 000 5 217 5 000 2.29 4 000 SEK per 77 68 ordinary Class 1 504 A and B share 150 122 3 000 985 2 000 3 713 2 723 2 845 1 000 0 Rental income Property costs NOI Central Prof
Slide 3: Long Term Reliable Partner for Municipalities Creates Stable Income
LONG TERM RELIABLE PARTNER FOR MUNICIPALITIES CREATES STABLE INCOME Income overview1) ▪ Long history of actively working with several History of municipalities in Sweden Classification Rental Income, SEKm % of Total acquiring from municipalities ▪ First transaction completed only 6 months after Resi
Slide 4: Financial Performance
FINANCIAL PERFORMANCE 2019 2018 2019 2018 Q4 Q4 Jan-Dec Jan-Dec Rental income, SEKm 596 453 1,996 1,680 Net operating income, SEKm 362 274 1,265 1,071 Surplus ratio, % 61 60 63 64 Interim profit, SEKm 1,287 691 2,624 1,690 Yield, % 4.8 4.7 4.8 4.7 Cash flow from current operations, SEKm 238 -7 745 2
Slide 5: SBB Has Assembled a Unique Portfolio Across Tier 1 Locations
SBB HAS ASSEMBLED A UNIQUE PORTFOLIO ACROSS TIER 1 LOCATIONS High quality property portfolio with attractive underlying exposures Geographical diversification Property value by property type Social infrastructure 6% Residential 17% SEK 94% 65% Other of the property portfolio 79,542 of the property v
Slide 6: Low-Risk Community Service and Residential Properties Complemented by Residential Development Potential
LOW-RISK COMMUNITY SERVICE AND RESIDENTIAL PROPERTIES COMPLEMENTED BY RESIDENTIAL DEVELOPMENT POTENTIAL Social infrastructure properties Residential properties Other / building rights development SEK 61.5bn SEK 13.2bn 6% SEK 4.8bn 77% 17% Includes schools, elderly care, LSS-housing and Mainly consti
Slide 7: Underlying Megatrends Support Continued Growth
UNDERLYING MEGATRENDS SUPPORT CONTINUED GROWTH Demographic change Sustainability and energy efficiency Urbanization |7
Slide 8: Project Development Potential
PROJECT DEVELOPMENT POTENTIAL Current development portfolio (31 December 2019) Example projects Planning phase GFA building rights (sq.m.) Book value (SEKm) per sq.m. Västerhaninge (Haninge) Zoning plan process Phase 1 – Project ideas 603,052 722 1,279 Västerhaninge centrum, Haninge Phase 2 – Pendin
Slide 9: In Summary
IN SUMMARY “SBB is now the social infrastructure champion in the Nordics” ▪ SBB’s 12-month rolling earning capacity from the management operations amounted to SEK 2,723 million (770) at the end of 2019. Considering a theoretical cost because 1 the company had a liquid position (available liquidity l
Slide 10: Thank You!
THANK YOU! SBB Samhdllsbyggnadsbolaget {SBB) a
Samhällsbyggnadsbolaget i Norden AB (SBB) — Q4 2019 Earnings Presentation on 6ix