PT Alam Sutera Realty Tbk · IDX:ASRI
PT Alam Sutera Realty Tbk — Investor Presentation (February 2020)
31 slides from PT Alam Sutera Realty Tbk's investor presentation, February 2020
Slide 1: PT Alam Sutera Realty Tbk Company Presentation
PT Alam Sutera Realty Tbk Company Presentation February 2020 www.alamsuterarealty.co.id
Slide 2: Our Company
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 3: Key Milestones
Key Milestones More than 20 years track record in township development Issued USD 245 mm Acquired bonds due in 2022 to development refinance USD 225 mm rights for bonds extensive areas in Launched Taman Issued USD 235 mm Signed a cooperation Narada cluster at Alam Serpong bonds due in 2020 agreement
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 Haryanto 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: Township Development
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
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 this year. The construction of Kunciran – Serpo
Slide 9: Alam Sutera Township
Alam Sutera Township Direct Toll Access North Serpong Future Development Current Development: Township expansion Commercial and Residential
Slide 10: Alam Sutera Township Highlights
Alam Sutera Township Highlights Residential Houses Residential Area * Commercial Area High Rises Pasar 8 – Wet market Flavor Bliss Mall @Alam Sutera Warehouse – T8 Command Center Sport Center InternalTransportation Internal Transportation Green Tunnel
Slide 11: Alam Sutera Township Price Trend
Alam Sutera Township Price Trend Commercial Residential IDR mm psm IDR mm psm * ___________________________________________ * : Asking price Growing commercial area and strategic location to continue price appreciation going forward
Slide 12: Suvarna Sutera Township
Suvarna Sutera 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 ±900 ha. C C Pro
Slide 13: Suvarna Sutera Township Price Trend
Suvarna Sutera Township Price trend Residential (Suvarna Padi) Residential (Suvarna Sutera) IDR mm psm 7 IDR mm psm 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 achieved in A
Slide 14: Apartments and Offices
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
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 Dec'19) : IDR 529 bn Project Image
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 Dec'19) : IDR 1 tn Project Image
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 Dec'19) : IDR 1.2 tn
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 Dec'19) : IDR 394 bn Price Trend IDR mm psm 23 22 22 22 21 21 20 19 17 15 2015 2016 2017 2018 2019
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 Dec'19) : IDR 351 bn
Slide 20: Property Investment
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
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: Property Investment: Garuda Wisnu Kencana
Property Investment Garuda Wisnu Kencana 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 Interna
Slide 23: Operational Data
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 24: Marketing Sales and Capex
Marketing Sales and Capex Historical Marketing Sales Historical Land Capex In IDR bn 5,000 4,256 4,292 4,500 4,000 3,385 1,049 864 3,500 3,112 In IDR bn 70 3,000 335 1,336 2,500 1,926 1,082 1,761 1,141 105 2,263 2,000 2,490 168 1,054 1,500 589 554 721 1,000 410 1,637 1,342 500 994 951 721 767 - 2014
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: Financial Performance
Our Company Township Development Apartments and Offices Property Investment Operational Data Financial Performance
Slide 27: Financial Highlights
Financial Highlights 9M2019 Financial Results Income Statement Balance Sheet and Financial Ratios Description 9M2019 9M2018 % Change Description 9M2019 FY2018 (in IDR bn) (in IDR bn) Revenue 1,960.5 3,203.1 -39% Cash and cash equivalents 1,086.2 665.5 Total Asset 21,806.4 20,890.9 Gross Profit 1,112
Slide 28: Balance Sheet
Balance Sheet Debt Maturity Profile Bond Details In USD mm Description 2022 Bonds 2021 Bonds 400 350 300 125 USD 370 mm 6.625% USD 175 mm Notes interest p.a. Senior Notes 11.5% interest p.a. Senior 250 4 due 2022 Notes due 2021 200 9 150 245 100 175 B3 / B- / B B3 / B- / B 50 Rating (Moody’s/ S&P /
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
Disclaimer 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
“Wy egy THANK YOU
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