Amlak Finance PJSC · DFM:AMLAK
Amlak Finance PJSC — FY2019 Earnings Presentation
24 slides from Amlak Finance PJSC's earnings presentation, 2019
Slide 1: Amlak Finance PJSC Investor Presentation FY 2019
Amlak Finance PJSC Investor Presentation FY 2019
Slide 2: Disclaimer
Disclaimer This presentation has been produced by the management of Amlak Finance PJSC (“Amlak” or the “Company”), solely for use at various teleconference arranged for existing/prospective institutional investors and for their clients/potential clients and shall not be reproduced or redistributed,
Slide 3: Content
Content 1 Economic Environment UAE and Dubai Economy 4 Key Economic Indicators 5 Dubai Real Estate Market 6 Key Real Estate Indicators 7 Dubai Mortgage Market 8 2 Amlak at a Glance Company Profile 9 Through The Years 10 3 Strategic Focus Key Strategies 11 Strategic Enablers 12 Corporate Values 13 St
Slide 4: UAE and Dubai Economy
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment UAE and Dubai Economy The UAE’s federal budget for 2020 will increase 2 percent from 2019’s budget of AED 60.3 billion, with over 40 percent going to community development programmes. The Dubai Gove
Slide 5: Key Economic Indicators
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Key Economic Indicators 1 Brent OPEC Oil Basket Price in UAE (AED) Distribution of GDP Sectors (in %) – UAE & Dubai 2018 350 UAE Dubai 299 278 30.0 300 35.0 26.4 250 247 243 241 237 30.0 224 22.6 250 20
Slide 6: Dubai Real Estate Market
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Dubai Real Estate Market Around 4,200 units have entered the Dubai real estate market in Q3 2019. Almost, 74% of the projects launched this year are by Tier 1 developers. When compared to the same p
Slide 7: Key Real Estate Indicators
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Key Real Estate Indicators Number and Value of Real Estate Transactions Dubai Residential Sales and Rental Price Changes Number of Sales Transactions Value of Sales Transactions Sales Price (AED/Sqf) Re
Slide 8: Dubai Mortgage Market
Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Economic Environment Dubai Mortgage Market Mortgage Transactions Over the Years Number of Mortgage Transactions Value of Mortgage Transactions 3,500 7 3,000 6 The UAE Central Bank removed the 3 per cent early 2,500 5 Bill
Slide 9: Company Profile
Economic Environment Strategic Focus Financial & Operating Performance Appendix Amlak at a Glance Company Profile Background • Amlak Finance PJSC was incorporated in Dubai, United Arab Emirates, on 11 November 2000 as a Private Shareholding Company. • At the constituent shareholders meeting held on
Slide 10: Through The Years
Economic Environment Strategic Focus Financial & Operating Performance Appendix Amlak at a Glance Through The Years 2000-2004 2005 2006 2007 2008 2009-2013 • 2000 • 43% drop in Liabilities and • Incorporation of Amlak Commitments by AED 8 Bn Finance as a private • Share Capital increase • Launched “
Slide 11: Key Strategies
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Key Strategies Strategic Priorities Strategic Intents Strategic Metrics • Renegotiation with financiers to ensure long term growth of the Company and ensuring full compliance with and adherence to revis
Slide 12: Strategic Enablers
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Strategic Enablers Product Differentiation Our Vision (What we aim to become?) Regional & Customer Focus Political Stability “To be a specialized and customer centric real estate financing institution i
Slide 13: Corporate Values
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Corporate Values Our Corporate Values (What we stand for?) Our Mission (What is our purpose?) Strategic “To provide niche financial solutions, Enablers customized to fit our customers' needs, while maxi
Slide 14: Stakeholders Priorities
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Stakeholders Priorities Share Price Return on Equity Restructuring Quality service Shareholders agreement Innovative Liability products management Differentiation Customers Financiers Co
Slide 15: Business Overview
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Business Overview Amlak’s overall business is being managed by way of 3 segments Business Segments Real Estate Investment Corporate Finance Segment Asset Mix – Q3 2019 Real Estate Finance (REF) (REI) an
Slide 16: Segment Strategy
Economic Environment Amlak at a Glance Financial & Operating Performance Appendix Strategic Focus Segment Strategy Real Estate Finance (REF) Real Estate Investment (REI) Corporate Finance & Investment (CFI) Actual Targeted Actual Targeted Actual Targeted Key Metrics Key Metrics Key Metrics Q3 2019 2
Slide 17: Group Income Statement
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Income Statement AED in Mn Q4 2019 vs. Q4 2018 Dec 2019 vs. Dec 2018 Particulars Q4 2019 Q4 2018 Dec 2019 Dec 2018 Variance Change in % Variance Change in % Income from Financing and Investing ass
Slide 18: Group Income Statement (cont'd)
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Income Statement (cont’d) AED in Mn Income from Financing Total Income* Rental Income and Investing Assets Dec 2019 260 Dec 2019 172 Dec 2019 57 Dec 2018 307 Dec 2018 174 Dec 2018 64 Dec 2017 432
Slide 19: Group Balance Sheet
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Balance Sheet AED in Mn YE 2019 vs. YE 2018 Particulars YE 2019 YE 2018 Variance Change in % Cash and Balances with Banks 183 256 -73 -29% Islamic Financing and Investing Assets 2,435 2,704 -269 -
Slide 20: Group Balance Sheet (cont'd)
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Group Balance Sheet (cont’d) AED in Mn Real Estate Investments Corporate Investments Assets Mix – Dec 2019 2% 43% 3% 2019 2,320 2019 297 47% 44% 2018 2,396 2018 297 2017 2,357 2017 315 Cash and balances
Slide 21: Financial Ratios
Economic Environment Amlak at a Glance Strategic Focus Appendix Financial & Operating Performance Financial Ratios Net Financing to Deposit Ratio Liquid Assets to Total Assets Ratio Return on Equity (ROE) 2019 54% 2019 4% -28% 2019 2018 58% 2018 5% -18% 2018 2017 64% 2017 16% 2017 3% Return on Asset
Slide 22: Awards
Economic Environment Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Awards 2017 2018 2019 1. Best Sharia Compliant Property Finance Company 2. Best Islamic Finance CSR Company UAE 2017 1. Global Islamic Business Award 2018 3. Best for Sharia Compliant Property Finance 2
Slide 23: Products and Services
Economic Environment Amlak at a Glance Strategic Focus Financial & Operating Performance Appendix Products and Services Istithmari is the first-of-its-kind Buy-To-Let property finance (Ijara) product in the region, designed for investors looking Istithmari to invest in completed residential and comm
Slide 24: Investor Relations
Contact Investor Relations Phone: +971 4 4274500 Web: http://www.amlakfinance.com/en/investor-relations.html Email: [email protected] P O Box: 2441, Dubai, United Arab Emirates