Robinsons Land Corp. · PSE:RLC
Robinsons Land — Q1 2010 Earnings Presentation
11 slides from Robinsons Land's earnings presentation, 2010
Slide 1: RLC 1Q FY10 Presentation
RLC 1Q FY10 Presentation February 2009 1
Slide 2: Income Statement
INCOME STATEMENT For the fiscal year ended (in PhP B) 1Q FY09 1Q FY10 10 VS 09 Revenues 2.38 2.71 14% Cost and Expenses 1.48 1.57 6% Income before Income Tax 0.90 1.14 28% Provision for Income Tax 0.22 0.27 27% Net Income 0.68 0.87 28% EBITDA 1.30 1.59 22% EBITDA Margin Net Income Margin 30% 32% 59%
Slide 3: Balance Sheet
BALANCE SHEET Total Assets (PhP M) Shareholder’s Equity (PhP M) 51,479 53,280 26,367 40,311 25,566 22,987 2008 2009 1Q FY10 Source: Company filings, Fiscal Year 2008 2009End 30 September 1Q FY10 Return on Equity Net Debt to Equity 24% 24% 14% 13% 13% 21% 2008 2009 1Q FY10 * 2008 2009 1Q FY10 3 *esti
Slide 4: Financial Highlights 1Q FY10
FINANCIAL HIGHLIGHTS 1Q FY10 P millions REVENUES %TOTAL RLC YOY NIBT YOY TOTAL 2,709 100% 14% 1,144 28% MALLS 1,416 52% 41% 736 63% OFFICES 265 10% 5% 209 3% RESIDENTIAL HOTELS 289 11% 3% 34 10% 739 27% (12%) 165 (22%) 4
Slide 5: Commercial Centers Division
COMMERCIAL CENTERS DIVISION Leasable Area ('000 sqm) 2010 765,500 44,000 New Malls in FY2010: 700,000 •Dumagete 2009 65,500 •Ilocos Norte •Cebu Cybergate Revenue & EBITDA (PhP m) 4,210 3,220 •One of Philippine’s largest mall operator with 29 malls 1,002 1,416 1,057 •809,000 sqm gross leasable space
Slide 6: Office Buildings Division
OFFICE BUILDINGS DIVISION OCCUPANCY OFFICE PROPERTY NLA (in sqm) 12/31/09 1 Galleria Corp. Center Quezon City 3,000 100% 2 Robinsons Equitable Tower Pasig City 15,000 90% 3 Robinsons Summit Center Makati City 31,000 91% 4 Robinsons Cybergate 1 Pioneer 27,000 100% 5 Robinsons Cybergate 2 Pioneer 44,0
Slide 7: Hotels Division
HOTELS DIVISION Deluxe Summit Go Hotels Properties Location Ortigas/ Quezon City/ Tagaytay •Pioneer, Cebu City Mandaluyong Rooms 285/ 263/ 210 108 225 Occupancy 79%/ 76%/ 50% 32% Completion in 2Q 12/31/09 FY10 R e v e n u e & E B IT D A (P h P m ) 1 ,0 3 6 313 281 289 76 86 2009 1Q FY09 1Q FY10 7 R
Slide 8: Residential Division
RESIDENTIAL DIVISION LUXURIA by ROBINSONS ROBINSONS ROBINSONS Robinsons LAND COMMUNITIES HOMES Type of •High, Upper •Middle-Upper •Lower Middle to •Mid to Low Development Middle Middle Middle •House and Lots •All formats •All formats •Low to Mid-Rise •Lots only Condominium Location •Prime locations
Slide 9: Residential Division
RESIDENTIAL DIVISION LUXURIA by Robinsons ROBINSONS LAND SIGNA DESIGNER RES MAGNOLIA RESIDENCES # of units: 312 # of units: 419 % sold*: 23% % sold*: 38% SONATA TRION TOWER-1 RESIDENCES-1&2 # of units: 736 # of units: 270/ 270 % sold*: 73% % sold*: 80%/ 28% ROBINSONS COMMUNITIES ROBINSONS HOMES WOOD
Slide 10: Landbank
LANDBANK RLC Properties and JV, by geography (in has.) LUZON SUMMARY Area (in has.) Malls (owned) 45.21 Ilocos Sur 42.0 VISAYAS Pangasinan 5.8 Pampanga 12.3 Bacolod 1.0 Condos and Office 6.08 Bulacan 32.8 Iloilo 0.8 Metro Manila 18.6 Cebu 3.6 Condos and Office (JV) 2.41 Rizal 13.2 Cavite 10.1 SUB TO
Slide 11: Thank you
PROJECT PORTFOLIO Thank you 11