Alliance Global Group Inc. · PSE:AGI
Alliance Global — Q1 2011 Earnings Presentation
31 slides from Alliance Global's earnings presentation, 2011
Slide 1: Alliance Global Group, Inc. 1Q 2011 Results
Alliance Global Group, Inc. 1Q 2011 Results 1
Slide 2: Financial highlights
Financial highlights Revenue Net income CAGR: 32.2% Net income CAGR: 56.6% Net to AGI CAGR: 56.0% 44,495 38,843 7,555 36,109 179% increase 30,451 62% increase 6,808 6,106 6,192 19,867 5,033 6,909 17,019 4 796 4,796 2 905 2,905 3,909 2,218 10,500 3,293 5,558 1,729 1,740 2,197 2,012 2,588 1,655 1,176
Slide 3: Solid balance sheet
Solid balance sheet Debt profile Capitalization ratio 13% 14% 22% 24% 48,632 27% 47,264 41% 41% 40,154 39,529 31,145 27,602 24 067 24,067 87% 86% 78% 76% 19,213 73% 13,768 59% 59% 13,055 4,363 4 363 8,400 7 168 7,168 3,269 2005 2006 2007 2008 2009 2010 1Q 2005 2006 2007 2008 2009 2010 1Q 2011 Debt C
Slide 4: Compelling revenue and net income growth
Compelling revenue and net income growth Revenue EBITDA Net income Total net income AGI CAGR: 48.4% CAGR: 30.8% CAGR: 34.6% Net income to AGI CAGR: 58.7% 12,898 10,469 9,497 44,495 9,555 38,843 8,087 36,109 6,808 7,221 30 451 30,451 6,106 6 192 6,192 5,295 5,033 6,909 19,867 17,019 3,909 4,796 2,905
Slide 5: Travellers International
AN FT TRAVELLERS ——TNTERNATIONAL
Slide 6: RWM Quarterly Performance
RWM Quarterly Performance 4,000 Actual Net Income (in P'M) 3,500 3 000 3,000 2,500 32% 2,000 1,500 44% 1,000 , 83% 500 33% ‐ 1Q'10 2Q'10 3Q'10 4Q'10 vs 1Q'11 vs 3Q'10 3Q'10 PHP'mi l Q1'2010 Q2'2010 Q3'2010 Q4'2010 Q1'2011 Actu a l Ne t I n come 510 681 1,251 779 991 Net Income Ma rgin 17.5% 18.5% 28
Slide 7: RWM Quarterly Performance: Daily Visitors per Quarter
RWM Quarterly Performance Dailyy Visitors pper Quarter (+19%) 16,000 (+30%) 14 000 14,000 (+42%) 12,000 10,000 (+15%) 8,000 , 6,000 4,000 2,000 ‐ 1Q10 2Q10 3Q10 4Q10 1Q11 Avg Daily Visitors 5,966 6,880 9,775 12,747 15,135
Slide 8: Emperador Distillers, Inc.
EMPERADOR DISTILLERS, INC.
Slide 9: Robust financial performance
Robust financial performance Revenue Gross profit and margin 33.9% 33.5% 8,420 30 8% 30.8% 2,817 30.0% 27.9% 7,117 26.2% 26.2% 2,412 5,551 5,473 1,711 4,298 1,457 3,348 1,128 935 1,806 542 2006 2007 2008 2009 2010 1Q 10 1Q 11 2006 2007 2008 2009 2010 1Q 10 1Q 11 EBITDA and margin Net income and marg
Slide 10: Golden Arches Development Corporation
— oh Philippines GOLDEN ARCHES DEVELOPMENT CORPORATION
Slide 11: Strong rebounding profit and margins
Strong rebounding profit and margins Growing revenues Gross profit and margin CAGR: 11.4% CAGR: 25.2% 24.6% 23.8% 24.1% 21.5% 19.5% 22.3% 19.4% 2,618 11 023 11,023 2 347 2,347 Margins 9,542 8,378 7,407 1,595 1,631 6,570 1,272 2 519 2,519 2 820 2,820 606 629 2006 2007 2008 2009 2010 1Q 10 1Q 11 2006
Slide 12: 1Q 2011 Results
1Q 2011 Results
Slide 13: Megaworld 1Q 2011 Results
MEGAWORLD 1Q 2011 Results
Slide 14: Revenue Breakdown
Revenue Breakdown 1Q 2011 1Q 2010 Real Estate Rental Income Real Estate Rental Income 77% 14% 80% 13% Hotel Operations p Hotel Operations p 2% 1% Interest & Other Interest & Other 8% 6% (in Php thousands) 1Q 2011 % Change 1Q 2010 Real Estate Revenues 44,385,611 385 611 19% 33,697,903 697 903 Rental
Slide 15: Revenues
Revenues (in thousands) 1Q 2011 % Change 1Q 2010 Real Estate Sales 3,354,753 17% 3,107,141 Interest Income on Real Estate Sales 236,182 24% 193,503 Realized li d GP G 794,676 94 6 6 22% 39 2 9 397,259 Real Estate Revenues 4,385,611 19% 3,697,903 Rental Income 809,017 36% 596,344 Hotel Operations 86,
Slide 16: Income Statement
Income Statement (in Php thousands) 1Q 2011 1Q 2010 % Change Real Estate Sales 3,354,753 3,107,141 8% Interest Income on Real Estate Sales 236,182 193,503 22% Total Real Estate Sales 3,590,935 3,300,644 9% Cost of Real Estate Sales 2,117,524 1,977,361 7% Gross Profit on Real Estate Sales 1 473 411 1
Slide 17: Margin Calculation
Margin Calculation (in Php thousands) 1Q 2011 1Q 2010 % Change Real Estate Sales 3,354,753 3,107,141 8% Interest Income on Real Estate Sales 300 180 300,180 294 588 294,588 2% Total Real Estate Sales 3,654,933 3,401,729 7% Cost of Real Estate Sales 2,117,524 1,977,361 7% Gross Profit on Real Estate
Slide 18: Solid Balance Sheet
Solid Balance Sheet Net Cash C Position (in Php millions) 25 000 25,000 20,876 20,225 22,032 23,161 20,849 21,146 20,000 15,727 , 16,06916,908 16,743 16,712 , 16,213 15 856 15,856 15 451 15,451 15,000 13,991 12,325 12,248 12,128 11,873 9,952 10,000 5,000 0 FY 2008 1Q 2009 1H 2009 9M 2009 FY 2009 1Q
Slide 19: Real Estate Sales: MEGA Projects Driving Growth
Real Estate Sales (in PhP) 1Q 2011 % of Sales 1Q 2010 % of Sales EASTWOOD CITY 466,045,090 14% 629,248,370 20% FORBES TOWN CENTER 161,988,510 5% 269,919,572 9% MCKINLEY HILL 316,498,373 9% 371,762,195 12% MCKINLEY WEST 1,950,507,292 58% - 0% NEWPORT CITY 173,231,502 5% 1,004,485,447 32% MANHATTAN GA
Slide 20: Reservation Sales Estimates
Reservation Sales Estimates Php (in Billions) 50 YoY Growth : 95% ’05 05-’08 08 CAGR: 49% 39 6 39.6 40 30 24.2 ’03-’05 CAGR: 15% 19 1 19.1 19 8 19.8 20 7.3 10.3 7.4 10 5.5 6.5 0 2003 2004 2005 2006 2007 2008 2009 2010 1Q 2011 Reservation Sales ((RS)) 2003 2004 2005 2006 2007 2008 2009 2010 RS (Beg)
Slide 21: Strong growth rental income portfolio
Strong growth rental income portfolio Increasing rental income (PHPm) Office 384,000 sqm of leasable office space at 3000 2694 2500 CAGR: +38% year‐end 2010 2000 2000 98% occupancy rate 1500 1301 78,000 sqm additional office 932 developments planned in 2011 1000 707 809 540 – Techono Plaza 2 i
Slide 22: Rental Properties
Rental Properties Office in 2010 : 383,763 sqm 98% Leased Retail in 2010 : 69,000 , sqm q 95% Leased Total in 2010 : 452,763 sqm 97% Leased Office 2011 : 77 77,739 739 sqm Retail 2011 : 108,000 sqm Total by 2011 : 638,502 sqm Target Rental Income 2011 – Php 4 billion 2012 – Php 5 billion 22
Slide 23: BPO Office Developments 2011: McKinley Hill
BPO Office Developments 2011 McKinley Hill Science Hub 1 & 2 Techno Hub 1, 1 2&3 41,870 sqm 22,448 sqm 23
Slide 24: BPO Office Developments 2011: Eastwood City
BPO Office Developments 2011 Eastwood City Techono Plaza 2 22,812 sqm mixed-use development of which 8,128 8 128 sqm for office 24
Slide 25: Retail Developments 2011: Cityplace in Binondo
Retail Developments 2011 Cityplace in Binondo 108,000 sqm of retail space 25
Slide 26: An overview of Integrated Tourism Estate Projects
An overview of Integrated Tourism Estate Projects
Slide 27: Integrated tourism development #1: Newcoast Station
Integrated tourism development # 1 Newcoast Station The first and only master planned, tourism-oriented community spanning 14% of the island, the single biggest development of its kind in Boracay 14% of Offers Off over 1,000 1 000 iinternational-grade t ti l d rooms managed dbby di distinct ti t
Slide 28: Newcoast Station is a Tourism Game Changer
Newcoast Station is a Tourism Game Changer Fresh outdoor & leisure Vibrant shopping & dining activities experience 1 km white beach + pier Boutique hotels Ocean villas
Slide 29: Integrated tourism development #2: Twin Lakes
Integrated tourism development # 2 Twin Lakes Located in area of Metro Tagaytay, Twin Lakes is envisioned to be the ppremier destination for medical and educational tourism The rugged terrain, steep slopes and cool mountain breeze along a man-made lake in the upper ridges will feature a chateau
Slide 30: Integrated tourism development #3: Harbour Town
Integrated tourism development # 3 Harbour Town Located in Nasugbu, Batangas Two peninsulas peninsulas, each with a commanding view of the sea As a harbor situated in a prime location, development will adopt a strong tourism-oriented focus Integrated township development with a mix of reside
Slide 31: Integrated Tourism Projects in Prime Tourist Regions
Integrated Tourism Projects in Prime Tourist Regions Newcoast Harbour Town Twin Lakes
Alliance Global Group — Q1 2011 Earnings Presentation on 6ix