Amlak Finance PJSC · DFM:AMLAK
Amlak Finance PJSC — Q1 2015 Earnings Presentation
18 slides from Amlak Finance PJSC's earnings presentation, 2015
Slide 1: Investor Relations Quarterly Information Pack Q1 2015
AMLAK FINANCE PJSC Investor Relations Quarterly Information Pack Q1 2015 Amlak Finance PJSC Investor Relations Quarterly Information Pack – Q1 2015 1
Slide 2: Disclaimer
Disclaimer The information set out in this presentation is being made available to recipients for information purposes only. It does not constitute, nor is it intended to be an offer to sell, or an invitation to subscribe for, or purchase, any securities in the Company. Neither this presentation nor
Slide 3: Sections
Sections AMLAK AT A GLANCE STRATEGY FINANCIAL HIGHLIGHTS Amlak Finance PJSC Investor Relations Quarterly Information Pack – Q1 2015 3
Slide 4: Amlak at a Glance
Q1 2015 Results Presentation AMLAK AT A GLANCE Amlak Finance PJSC Investor Relations Quarterly Information Pack – Q1 2015 4
Slide 5: About Amlak Finance PJSC
About Amlak Finance PJSC Amlak Finance was established in 2000 as a leading specialized real estate financier under the regulation of UAE Central Bank Amlak became a listed company in 2004 on the Dubai Financial Market (DFM) under the regulation of Securities and Commodities Authority (SCA) and
Slide 6: About Amlak Finance PJSC
About Amlak Finance PJSC Following suspension of Amlak’s shares in the Dubai Financial Market in 2008, the company undertook a comprehensive restructuring of its balance sheet and its business. Restructuring was needed to address the substantial impairment of the company’s real estate assets and
Slide 7: Our Vision & Mission
Our Vision & Mission Our Vision (What we aim to become?) “To be a premier and specialized real estate financing institution in the region” Our Mission (What is our purpose?) “To provide innovative financial solutions and quality services to our customers while maximizing shareholders’ value and nurt
Slide 8: Amlak's Business Segments
Amlak’s Business Segments As of 31st March 2015 Business Segments Real Estate Real Estate Corporate Finance Investments Investments Retail Customers Ready & U/C Land Associate : KSA Financing Ready Property Subsidiary : Egypt Developer Project Financing Under Development Other Invest
Slide 9: Organization Structure
Organization Structure Board Zakat Audit Committee Committee Managing Director Internal Audit Chief Commercial Chief Financial Chief Operations Strategy & Human Resources Legal, Sharia & Organization Officer Officer Officer & Admin Company Secretary Development Real Estate Finance Finance & Treasury
Slide 10: Key Products and Services
Key Products and Services Amlak’s ‘Istithmari’ is the first-of-its-kind Buy-To-Let property finance (Ijarah) product in the region, exclusively designed for investors looking to invest in completed residential and commercial Istithmari properties. Product envisages financing as well as a complimen
Slide 11: Strategy
Q1 2015 Results Presentation STRATEGY Amlak Finance PJSC Investor Relations Quarterly Information Pack – Q1 2015 11
Slide 12: Amlak's Strategic Direction
Amlak’s Strategic Direction 2015 + Amlak pursues the following key strategies in short to medium and long term: Adhere to the terms, and complete the financial restructuring period (2026) successfully Continue to develop niche real estate financing product and services focusing mainly on investo
Slide 13: Financial Highlights
Q1 2015 Results Presentation FINANCIAL HIGHLIGHTS Amlak Finance PJSC Investor Relations Quarterly Information Pack – Q1 2015 13
Slide 14: Group Performance Highlights
Group Performance Highlights Q1 2015 Q1 2014 Q4 2014 Q3 2014 Q2 2014 Q1 2014 Description AED (M) AED (M) Income from financing and Investing assets 81 101 89 91 95 101 Rental Income 11 7 10 10 7 7 Fair value loss on investment properties - - (2,115) - - - Share of results of associate 6 6 8 5 4 6 Ot
Slide 15: Group Income Statement Trend Analysis
Group Income Statement Trend Analysis AED in Million Amlak’s Total Revenue reached AED 105 million and revenue from finance business activity was AED 81 million representing a 14% and 20% fall respectively Q1-2014 from the same period last year due to decreasing real 122 estate portfolio. Q1-2015
Slide 16: Group Performance - Trends
Group Performance - Trends AED in Million Income from financing and Investing assets Total Income 122 101 95 91 89 81 113 109 108 105 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Operating Expenses Profit / (loss) for the period Distribution to financiers / investo
Slide 17: Consolidated Statement of Financial Position
Consolidated Statement of Financial Position 31-Mar-15 31-Dec-14 31-Dec-14 30-Sep-14 30-Jun-14 31-Mar-14 Description AED (M) AED (M) Cash and balances with banks 685 498 498 1,037 1,817 1,668 Islamic financing and investing assets 4,096 4,265 4,265 4,625 5,602 5,935 Available-for-sale investments 24
Slide 18: Financial Position - Trends
Financial Position - Trends AED in Million Islamic financing and investing assets Real Estate Assets Corporate Investments 298 295 4,145 4,383 4,409 2,165 2,155 292 289 Q1 Q2 Q3 Q4 Q1 284 2014 2014 2014 2014 2015 5,935 5,602 4,625 4,265 4,096 Other Assets Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 2014 2014 2014