PT Alam Sutera Realty Tbk · IDX:ASRI
PT Alam Sutera Realty Tbk — Investor Presentation (July 2019)
31 slides from PT Alam Sutera Realty Tbk's investor presentation, July 2019
Slide 1: PT Alam Sutera Realty Tbk Company Presentation
PT Alam Sutera Realty Tbk Company Presentation July 2019 1 www.alamsuterarealty.co.id
Slide 2: Our Company
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 2
Slide 3: Key Milestones
Key Milestones More than 20 years track record in township development Issued 1,786,310,000 new Acquired shares with non- development preemptive mechanism at rights for the price of IDR 440/share extensive areas in Issued its first global Completed the Serpong bonds of USD 150 mm due repurchase of 2
Slide 4: Corporate Business and Structure
Corporate Business and Structure The Ning King Family PT Tangerang Fajar Industrial PT Manunggal Prime Public Estate Develoment 25.21%* 21.32%* 53.47%* Landed Commercial Garuda Wisnu Kencana Township Apartments Office Towers Shophouses Retail Houses land lots (GWK) __________________________________
Slide 5: Management Team
Management Team Board of Commissioners Board of Directors Harjanto Tirtohadiguno Joseph Sanusi Tjong President Commissioner President Director Angeline Sutedja Lilia Setiprawarti Sukotjo Commissioner Director Pingki Elka Pangestu Independent Commissioner RM Frangky AD Director The Nicholas Commissio
Slide 6: Portfolio Overview
Portfolio Overview Focus on residential and commercial development in western part of Jakarta and Bali JAKARTA CAPITAL REGION BALI The Tower – Office Building Garuda Wisnu Kencana (“GWK”) – Cultural Park Wisma Argo Manunggal – Office Building GWK The Tower The Prominence Kota Ayodhya TANGERANG AREA
Slide 7: Our Company: Township Development
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 7
Slide 8: Township Location
Township Location Strategic land acquisition in the Serpong area to take advantage of future land price increases from toll road development The construction of Kunciran – Soekarno Hatta Toll road is targeted to be completed by the toll operator within the next 1-2 years Jakarta Merak Tol Road The c
Slide 9: Alam Sutera Township
Alam SuteraTownship Direct Toll Access North Serpong Future Development Current Development: Township expansion Commercial and Residential 9
Slide 10: Alam Sutera Township Highlights
Alam SuteraTownship Highlights Residential Houses Residential Area * Commercial Area High Rises Pasar 8 – Wet market Flavor Bliss Mall @Alam Sutera Warehouse – T8 Command Center Sport Center Internal Transportation Green Tunnel 10
Slide 11: Alam Sutera Township Price Trend
Alam SuteraTownship Price Trend Commercial Residential IDR mm psm IDR mm psm * ___________________________________________ * : Asking price Growing commercial area and strategic location to continue price appreciation going forward 11
Slide 12: Suvarna Sutera Township
Suvarna Sutera Township The 2nd township Suvarna Sutera Master Plan Project Overview F • Suvarna Sutera Township is the second township from Alam Sutera, located at Pasar Kemis, Tangerang, 15 km away from Alam Sutera. The Company has developer license covering 2,600 ha area. Phase one development is
Slide 13: Suvarna Sutera Township Price Trend
Suvarna Sutera Township Price Trend Residential (Suvarna Padi) Residential (Suvarna Sutera) IDR mm psm IDR mm psm 7 6.0 * 6 5.5 * 5.2 5.2 * 5.0 5 4.0 4 3 2 1 0 2013 2014 2015 2016 2017 2018 ___________________________________________ * : Secondary price Huge potential to replicate the growth achieve
Slide 14: Our Company: Apartments and Offices
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 14
Slide 15: Apartment Project: Paddington Heights
Apartment Project Paddington Heights Overview Paddington Heights Apartment Land Site Area : 9,000 sqm Semigross Area : 33,090 sqm Launch date : May-13 Marketing sales (as of Jun'19) : IDR 506 bn Cumulative Marketing Sales IDR mm 15
Slide 16: Apartment Project: Kota Ayodhya
Apartment Project Kota Ayodhya Location Project Overview Kota Ayodhya Apartment Land Site Area : 21,230 sqm Apartment : 137,947 sqm Launch date : Feb-14 Marketing sales (as of Jun'19) : IDR 953 bn Project Image 16
Slide 17: Low-Rise Apartment Project: Lloyd
Low-Rise Apartment Project Lloyd Location Project Overview Lloyd Land Site Area : 40,000 sqm Launch date : Apr-18 Marketing sales (as of Jun'19) : IDR 1.2 tn 17
Slide 18: Office Tower Project: The Prominence
Office Tower Project The Prominence Project Overview The Prominence Office Tower Land Site Area : 13,981 sqm Semigross Area : 50,882 sqm Launch date : Feb-13 Marketing sales (as of Jun'19) : IDR 399 bn Price Trend IDR mm psm 18
Slide 19: Office Tower Project: The Tower
Office Tower Project The Tower Project Overview and Location The Tower Land Site Area : 9,522 sqm Semigross : 56,491 sqm Launch date : Feb-13 Marketing sales (as of Jun'19) : IDR 351 bn 19
Slide 20: Our Company: Property Investment
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 20
Slide 21: Property Investment
Property Investment Mall @ Alam Sutera Wisma Argo Manunggal (WAM) Front View Mall @Alam Sutera Wisma Argo Manunggal Leasable area : ± 67.369 sqm (extendable) Location : Jl. Jend. Gatot Subroto Kav. 22 Height : 5 floors (3 retail floors, 2 parking floors) Acquired from : PT Daya Sakti Perdika Parking
Slide 22: Garuda Wisnu Kencana Cultural Park
Garuda Wisnu Kencana Cultural Park Overview Tourism in Bali • A private cultural park on the Bukit Peninsula at the southern • Named as the global winner of 2017 Travelers’ Choice Awards for end of the island of Bali in Indonesia, 15 minutes from Ngurah destinations by TripAdvisor. Rai International
Slide 23: Our Company: Operational Data
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 23
Slide 24: Consolidated Marketing Sales and Capex
Consolidated Marketing Sales and Capex Historical Marketing Sales Historical Land Capex In IDR bn 5,000 4,292 4,500 4,256 29 180 4,000 1,049 864 3,385 In IDR bn 3,500 212 70 3,000 1,336 2,500 2,213 1,082 1,926 1,761 60 105 2,263 2,000 2,490 269 168 1,054 1,345 1,500 589 4 554 252 721 1,000 167 410 1
Slide 25: Recurring Income
Recurring Income Steady improvement in property investment ensures sustainable recurring income growth In IDR bn 500 450 400 106 350 57 71 67 300 52 250 218 200 211 240 225 150 205 100 10 10 9 50 7 104 7 85 54 67 43 - 2014 2015 2016 2017 2018 Tow n managem ent Recreation and sports Rent & Other Hosp
Slide 26: Our Company: Financial Performance
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance 26
Slide 27: Financial Highlights
Financial Highlights 1Q2019 financial results Income Statement Balance Sheet and Financial Ratios Description 1Q2019 1Q2018 % Change Description 1Q2019 FY2018 (in IDR bn) (in IDR bn) Revenue 685.1 1,014.5 -32% Cash and cash equivalents 660.6 665.5 (including time deposit) Total Asset 21,105.3 20,890
Slide 28: Balance Sheet
Balance Sheet Well-managed debt maturity profile Debt Maturity Profile Bond Details In USD mm Description 2022 Bonds 2021 Bonds 400 350 125 300 USD 370 mm 6.625% USD 175 mm 250 4 Notes interest p.a. Senior Notes 11.5% interest p.a. Senior due 2022 Notes due 2021 200 9 150 245 100 175 50 B2 / B / B B
Slide 29: Awards
Awards 2013 2014 2015 2016 2017 2018 IFLA APR Awards The Big 15 – Indonesian Nomination of Best Township Corporate Secretary Best Share Issuer Merit Awards Sub Category: Best Township 100 Fastest & Corporate Platinum Brand Top Performing Market Cap up to Landscape Sustainable Sub Category: Green Gro
Slide 30: Disclaimer
Disclamier This presentation may contain forward-looking statements that involve risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Represen
Slide 31: Thank You
THANK YOU 31
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