PT Intiland Development · PDF file1989 –2010 Development of Mid-Income estate Taman Semanan Indah ... of Soekarno Hatta International Airport, Tangerang ... City, 21Ha Tanjong Priok

PT Intiland Development Tbk

Corporate Presentation

April 2014

2

Table of Content

1Corporate Overview p. 3

2Projects highlight “Development income” p. 12

3Projects highlight “Recurring Income” p. 24

4Projects Pipeline p. 30

5Financial Highlights p. 36

Corporate Overv iew

3

4

More than 40 years of experience

Developed over 40 projects with total developed land area of approximately 1,360 hectares

Market capitalization IDR 4.7 trillion as of March 28th, 2014

Diversified customer base due to the different types of properties and segments we operate in

Established Track Record

Industry dynamics Strengths

Start of increased awareness of real estate developers

Building price higher than land price Developments typically small scaled (less than 10 Ha) Developers usually sell big kavlings

Personal Sales Knowing what customers want

1970s

1980s

Entry of many developers into the market Rising competition Increasing land price Smaller kavlings New concept of residential living Growth in Botabek areas Start of big scale residential development

Good concept projects (e.g. Pantai Mutiara, Graha Famili) New innovative products Trend-setter by creating new concept

1990s

Land increasingly scarce Botabek areas blooming Market was picking up before crisis hit Awareness of marketing brokers

Expansion to Botabek areas Extensive marketing network Trust from Stakeholders (customers, contractors,

creditors, employees) Completion of Kondominium Kintamani, possibly the

only apartment project successfully handed over to customers during crisis

2000s -present

Growth of apartment developments Middle-class developers arose Rising middle-class disposable incomes

Stronger financial structure after the rights issue process

Strong development pipelines New ventures into hotel chain New focus on mixed-use development

5

CORPORATE MILESTONES

1970s 1980s 1990s 2000s 2010s

RESTRUCTURING YEARS“GOOD OLD DAYS OF RAPID GROWTH REJUVENATION, NEW DIRECTIONFOUNDING

PROJECT MILESTONES1

99

7-9

8 A

sia

n F

ina

nci

al C

risi

s

1970s Founder Hendro

Gondokusumo starts

property business

Group was officially

consolidated under the name

“PT Wisma Dharmala Sakti”

One of the first property

developers listed on the

Jakarta Stock Exchange

2003 Debt-Asset Barter with

Panin Bank for Grand Bromo

Hotel, Grand Trawas Hotel and

Menteng Prada

Jun 2007 Debt-Equity Swap converting Rp 1.1 Trillion

outstanding debt into 2.2 billion shares. New CEO

and BOD appointed.

1987 Completion of Intiland

Tower Jakarta

Apr 2010 Rp 2.07 Trillion 1-for-2 Rights

Issue strengthens Balance Sheet and vastly

increases land bank

2008-2009 Held back our growth plans in

view of global economic uncertainties

Continued ops as going

concern while continuing to

pay interest. No staff

retrenchment. Debt

settlement with all

contractors.

1997 Completion of

Intiland Tower Surabaya

1998 Completion of

Kondominium Kintamani,

possibly the only apartment

project successfully handed

over to customers that year

1981 Start of dev’t activities

in West SBY beginning with

“Darmo Baru”

1982 Start of activities in

Jakarta beginning with

“Taman Harapan Indah”1989 - 2006 Development of luxury seafront estate “Pantai Mutiara” I (100ha) n North Jakarta

1995 Completion of

Wisma Manulife

1989 – 2010 Development of Mid-Income estate Taman Semanan Indah (80ha) in Jakarta

Feb 2010 Launch of 1Park

Residence in South Jakarta

Aug 2010 Completion of first “Whiz

Hotel” in Yogyakarta

Jun 2010 Development of Graha

Natura (86ha project)

1990 branched into Industrial

Estates with commencement

of Ngoro Industrial Park

1974 Dev’t of

Cilandak Garden

Housing

1992 – Present Development of luxury golf estate “Graha Famili” (280ha) in Surabaya

Nov 2011 introduction the new

business complex “South Quarter,

Jakarta

Oct 2011 Starting contruction

phase of Aeropolis Residences

Apartment, a new project, near

of Soekarno Hatta International

Airport, Tangerang

Nov 2011 Completion of second “Whiz

Hotel” in Semarang

Oct 2011 Launch of Serenia Hills in

South Jakarta

Nov 2008 Handover of

Regatta Phase 1, an iconic

seafront luxury condominium

Jun 2010 Stock Split 2: 1 From 5,1

billion share to 10,2 billion share.

April 2013 Starting

Development of 1Park

Avenue Condominium,

Kebayoran, South Jakarta

2013 Launch of Praxis, CBD

Surabaya

July 2013, Rp 500 billion

Bond Issue

2012 Starting development of South

Quarter, TB Simatupang, Jakarta

Key Milestones

6

Core Portfolios

Mixed-Use & High Rise

1 Park Avenue

South Quarter

Regatta Phase 2

Spazio Tower

Aeropolis

Praxis

Sumatra 36

Townships & Estates

Serenia Hills

Talaga Bestari

Graha Natura

Graha FamiliInvestment Properties

Intiwhiz Hotel Chain (Hospitality)

Intiland Tower Jakarta

Intiland Tower Surabaya

Sports Club

Industrial

Ngoro Industrial Park

South Quarter7.2Ha

KebonMelati3.2Ha

TamanSemanan,

74Ha

1Park3.9Ha

Regatta, 11Ha

Pantai Mutiara100HaWestOne

City, 21Ha

Tanjong Priok(Port)

Soekarno Hatta(Airport)

Serenia Hills24Ha

Pinang Residence3.5Ha

TalagaBestari308Ha*

Aeropolis500Ha*

Strategic Property Location

Jakarta (65% of total assets value) Surabaya (35% of total assets value)

Our projects in Jakarta and Surabaya are located strategically along major transportation infrastructure, and proposed future developments

Sumatra 360.2Ha

Praxis1.1Ha

Graha Natura86Ha

Graha Famili280Ha Graha

Festival8Ha

Juanda InternationalAirport

Bundaran HI

7

8

Management Team

Directors and key officers have been with the company for more than 25 years in average and have extensive market-oriented knowledge and experience in the Indonesian real estate industry

Cosmas BatubaraPresident Commissioner

Lennard Ho Kian GuanVP Commissioner

Thio Gwan Po MickyIndependent Commissioner

Walman SiahaanCommissioner

Jahja AsikinCommissioner

Ping HandayaniCommissioner

Hendro S. GondokusumoPresident Director & CEO

Suhendro PrabowoVP Director & COO

Jakarta

Sinarto DharmawanVP Director & COO

Surabaya

Irene P. RahardjoNon-affiliated Director

Ricky HolilExecutive Director & CFO

Archied Noto PradonoExecutive Director

Utama GondokusumoExecutive Director

Moedjianto S. TjahjonoExecutive Director

Thio Gwan Po Micky Hariawan Pribadi Friso Palilingan

B O A R D O F C O M M I S S I O N E R S

A U D I T C O M M I T T E E

B O A R D O F D I R E C T O R S

Proven track record of successfully managing high quality real estate development

Strong and broad network of business relationships within Indonesian real estate industry

9

Strong Brand Recognition

Successful brands and differentiated premium projects

Trusted to deliver and maintain projects

Trend setters and price leaders

Green concept design incorporating tropical Indonesian architecture.

Displayed in the Museum of Modern Arts, New York.

First reclaimed housing development in South East Asia.

Signature address for wealthy people in North Jakarta.

First golf-themed luxurious residential development in Surabaya.

Signature address for wealthy people in Surabaya.

First luxury sea-front condominium in Jakarta.

Awarded FIABCI Prix d’Excellence Award 2010.

First condominium with residential concept.

Nestled in a secluded part of South Jakarta and offers the very essence of living in a peaceful suburban environment.

10

Segments Contribution

37%

22%

31%

10%

Township and Estates Mixed-Use and High-Rise

Industrial Park Investment Properties

Gross ProfitFY13 IDR 706 bn

Revenue FY13 IDR 1,5 tn

40%30%

19%12%

Private & Confidential11

2013

Best Design for Apartment-Apartment Regatta Indonesia Design Best Design Awards 2013

Highly Commended - Best Condo Development (Indonesia)Apartment Regatta – JakartaSouth East Asia Property Award 2013

Highly Commended - Best Developer (Indonesia)PT Intiland Development TbkSouth East Asia Property Award 2013

Indonesia Leading Local Hotel Chain Intiwhiz InternationalIndonesia Travel & Tourism Awards 2013

Graha Natura – SurabayaHousing Estate Green Property Awards 2013

Green Infrastructure & Green Open Space- Morning Glory ClusterGraha Natura – SurabayaProperty Indonesia Awards 2013

Favourite Residential 2013Serenia Hills- JakartaHousing EstateGreen Property Awards 2013

Top 10 Developers (Indonesia)BCI Asia Top 10 Awards 2013

CSR Award 2013 from Jakarta’s GovernorPT Intiland Development Tbk

2012

Winner Best Condo Development (Indonesia) 1Park Residences – JakartaSouth East Asia Property Award 2012

Highly Commended – Best Developer (Indonesia)

PT Intiland Development TbkSouth East Asia Property Award 2012

Excellent AchievementIndonesia Best Corporate TransformationSWA Magazine & Win Solution

Top Ten Developers (Indonesia)BCI Asia Top 1o Awards 2012

Highly CommendedBest Developer (Indonesia)South East Asia Property Award 2011

The 40 Top Performance Small & Midsized CompaniesBest of the Best Awards 2011Forbes Indonesia

Top Ten Developers (Indonesia)BCI Asia Top 1o Awards 2011

Highly Commended – Best Condo (Indonesia)Rio De Janeiro Tower – RegattaSouth East Asia Property Award 2011

Developer of the YearProperty & Bank Award 2011

2011

2010

2008

Bali Congress AwardRegatta ApartmentFIABCI Prix d’Excellence Awards 2010

A Lifetime Achievement AwardHendro Santoso GondokusumoProperty & Bank Award 2008

Awards and Achievements

Project Highl ights “Development Income”

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13

Mixed-Use & High-Rise

1 Park Avenue Gandaria, South Jakarta

Project facts• Land Area : 2.8 Ha• Consists of:

• 4 Condominium Towers (SGA 70,252 sqm) – 448 units• Townhouse (200-240 sqm/ unit) 31 units

• Operational : 4Q15• ASP : IDR 24 M/sqm

Project Sales Update• Launched in May 2013• 59% sold (as of December 2013)

Project Construction Update• 10% Completion• Expected completion 2Q16

Development Income


South Quarter (Phase 1)TB Simatupang, South Jakarta


• 1 Office Tower (SGA 39.281 sqm) • 2 Office Towers (SGA 78,562 sqm) – Lease • Retail (SGA 10,789 sqm) – Lease

• Operational : 1Q15• ASP : IDR 21 M/sqm

Project Sales Update• Launched in 4Q12• Committed pre-sales – 67% sold (as of December 2013)

Project Construction Update• 22.47% Completion (as of Dec’13)• Expected completion 2Q15

14

Development Income

Ma

ste

rpla

no

f S

ere

nia

Hil

ls 2

Development Income

Project Facts Phase 1 Phase 2

Land Area 10 Ha 14 Ha

Development

Landed Residential – 225 Units (90% sold) Regent Cluster 174 Units (5 Ha) Signature Cluster 51 Units (4 Ha)

Landed residential – 105 Units (92% sold) Titan Cluster – 59 Units (4 Ha) Ultimate Cluster – 46 Units (4 Ha)

Land ASP/sqm • IDR 12.5 M/sqm • IDR 10.5 M/sqm

Progress • 67% (as of Dec’13) • Permit process

Remarks Following the success of phase 1, phase 2 land price increased approximately 60%

Townships & Estates

Serenia Hills I South Jakarta

15

16


Regatta Phase 1 (50% Owned)Pantai Mutiara, Jakarta Utara

Project FactsPhase 1 • Land Area : 2.5 Ha• 4 Condominium Towers (+/- 200 – 250 m2/unit) 390 units

Project Sales Update• 95% sold (as of Dec’13)

Regatta Phase 2 (50% Owned) Pantai Mutiara, Jakarta Utara

Project Facts• Land Area : 1.7 Ha• 3 Condominium Towers (SGA 76,985 sqm) 558 units• ASP : IDR 21 M/sqm

Project Sales Update• Launched 1 tower London in 4Q13• Committed pre – sales: 36% sold (as of Dec’13) from 186

units

Project Construction Update• Permit process

Development Income

Jun

gle

Wa

lk

Th

e H

ills

17

Project Facts Harmony The Hills Floura The Forest Jungle Walk Plaza D’Captiva

Land Area 5.3 Ha 4.1 Ha 4.4 Ha 5.5 Ha 4 Ha 2.8 Ha

Development

Landed residential Harmony 214 units

(sold out) Harmony 2 110 Units

(92% sold)

Landed residential 206units (98% sold)

Landed residential 215units (34%sold)

Landed residential 364 units (7% sold)

Shophouse and Kiosk (96% sold) Kiosks 210 units Shophouse 40 units

Shophouse 181units (60% sold)

Land ASP/sqm IDR 2 M IDR 2.25 M IDR 2.05 M IDR 2.35 M IDR 5.25 M IDR 5.25 M

Progress Harmony 94% Harmony 2 96%

88.2% 7% 2.4% Kiosk 63.5% Shophouse 42.5%

58.5%

Remarks Key catalyst – 30 Ha of land purchased by a major airline for training center, warehouses, dormitories

Development Income

Townships & Estates

Talaga Bestari I Tangerang

AR1

ACR

ACP

Boutique HotelTechno

Park

FnB

Clubhouse

Boutiqueoffice

AR3

AR2

18

Project Facts Aeropolis Residence (AR) 1 & 2 Aeropolis Residence (AR) 3 Aeropolis Commercial Park (ACP) Aeropolis Crystal Residence (ACR)

Land Area 2 Ha 2.2 Ha 5.3 Ha 2.4 Ha

Development

Low Rise Apartments AR 1 (SGA 16,681 sqm) & AR 2

(SGA 13,357 sqm)

Low Rise Apartments AR 3 Tow 1,3 & 5 (SGA 16,683

sqm) - 1,446 units 4 remaining tower to launch

Low Rise Office

Tower A1 & A2 (SGA 5,973 sqm) - 99 units

3 remaining towers to launch

Low Rise Apartments Tower 1 (SGA 6,832 sqm) - 251

units Tower 2 (140 units) – 74% sold 4 remaining towers to launch

Sales Update AR 1 &2 – Sold out AR 3 – 72% sold* 80% sold T 1 – Sold out* T 2 – 74%

sold*

ASP/ sqm IDR 11 M IDR 12.8 M IDR 13.8 M IDR 13 M

Progress AR 1 - 99% AR 2 – 10% Tender process 92% Groundbreaking

Operational AR 1 – 2Q14 AR 2 – 2Q15 1Q14 4Q14

Development Income


Aeropolis I Tangerang

*(Committed Pre-sales)


PraxisCBD Surabaya


• 1 Condominum tower (SGA 23,034 sqm) – 316 units• 94 Units office (8,643 sqm)• Office (SGA 8,643 sqm) - Lease• Hotel 304 rooms (NLA 12,772 sqm) - Lease• Retail (NLA 10,351 sqm) - Lease

• Operational : 2Q16• ASP :

• Condominium IDR 18.7 M/sqm• Office IDR 23.2 M/sqm

Project Sales Update• Launched in 2Q13• Committed pre – s ales :

• Apartments 50.3% sold (as of December 2013)• Offices 42.9% sold (as of December 2013)

Project Construction Update• Groundbreaking• Expected completion 2Q16

19

Development Income


Spazio TowerGraha Festival, West Surabaya


• Office (SGA 23,034 sqm) – Strata • Hotel (SGA 7,279 sqm) – Strata • Function Hall (SGA 968 sqm) – Lease • Retail (SGA 4,943 sqm) – Lease

• ASP : IDR 17 M/sqm

Project Sales Update• Launched in 1Q14• Committed Pre – sales: 33.6% sold (as of December 2013)

Project Construction Update• Permit process• Expected completion 1Q16

20

Development Income

Project Facts

Cluster A Cluster B Cluster C Cluster D

Land Area 7.1 Ha 7 Ha 4.8 Ha 8.5 Ha

Sold (as of December 2013) 70% 74% 86% 80%

Development Landed residential

90 units Landed residential



93 units

Progress • 80%

Land ASP/sqm IDR 11 M/sqm

21

Development Income

Townships & Estates

Graha Natura I West Surabaya

22


Sumatra 36Surabaya


• 63 units luxury apartment (SGA 8,188 sqm)• Operational : 1Q15• ASP : IDR 25 M/sqm

Project Sales Update• 33% sold (as of December 2013)

Project Construction Update• 40% Completion (as of Dec’13)• Expected completion 1Q15

Development Income

Industrial

Ngoro Industrial ParkNgoro, East Java

Project facts• Land Area : 500 Ha• 80% sold (as of December 2013)

• ASP : IDR 1 M/sqm

Remarks• Located only 45 Km from Surabaya and 55 Km from

Tanjung Perak Seaport• Export Processing Zone is available• Abundant natural gas• Sewerage system

Tenancy• Unicharm• Yakult• Roman Ceramic• Mulia Ceramic• Woodworth Wooden• Cort Indonesia

23

Development Income

Project Highl ights “Recurr ing Income”

24

Project Facts

Land Area 0.8 Ha

Development Office Tower (SGA 31,000 sqm)

Occupancy 98%

Gross Rent IDR 190,000/sqm/mth

Project Facts

Land Area 0.5 Ha

Development Office Tower (SGA 17,000 sqm)

Occupancy 91%


Investment properties

25

26

Project Facts

Land Area 0.8 Ha

Development Retail (NLA 3,654 sqm)

Occupancy 28%


Remarks Successfully introduced the concept of 24

hour open office in Surabaya

Project Facts

Land Area 0.8 Ha

Development 205 Beds and 123 Wards 98 GP & Specialists 151 Nurses

Remarks

Center of Excellence: Neurosurgeon The first hospital in Indonesia equipped with

advanced technology of MRI 3 Tesla Wide Bore, CT Scan 128 slices


HotelsWhiz Hotel Yogyakarta

(Own)

Whiz Hotel Semarang (Own)

Grand Whiz Kuta (Bali)

Grand Whiz Kelapa Gading

(Jakarta)

Grand WhizNusa Dua (Bali)

Whiz Hotel Cikini(Own)

Opening Date

10 October 2010

21 November 2011

18 December 2011

12 December 2012

29 July 2013 29 Jan 2014

Type Own Own Operator Operator Operator Own

No. of Rooms

100 148 134 322 126 73

Occupancy 84% 61% 61% 70% 43%

ARR IDR 338,000 IDR 250,000 IDR 380,000 IDR 494,000 IDR 501,000

Coming Soon

Whiz Hotel Kelapa Gading

Whiz Hotel Balikpapan

Whiz Manado Whiz Bogor Whiz Makasar Whiz Cikarang

Whiz Hotel Yogyakarta Whiz Hotel Semarang Grand Whiz Kuta, Bali Grand Whiz Kelapa Gading Grand Whiz Nusa Dua, Bali


27

Hotel Type City Bedroom Operational Progress Ownership

1 Whiz Sudirman - Balikpapan 168 Jul'14 75% 100%

2 Whiz Piere Tendean - Manado 152 Oct'14 32% 30%

3 Whiz Cikurai - Bogor 154 Jun'14 42% 100%

4 Whiz Hassanuddin - Makassar 147 Oct'14 40% 100%

5 Whiz Basuki Rachmat - Malang 158 Apr'15 Tender on Jan 100%

6 Whiz Hayam Wuruk - Jakarta 150 Apr'15 Permit Process 100%

7 Whiz Imam Bonjol - Palangkaraya 156 Dec'15 IMB Process 67,5%

8 Whiz Cilacap 100 Feb'15 Permit Process 100%

9 Whiz Karawang 100 Sept'15 Design 100%

10 Whiz Surabaya 132 Sept'15 Permit Process 100%

Intiwhiz Hotel Chain I Own

28

Hotel Type City Bedroom Operational Progress

1 Whiz Kelapa Gading - Jakarta 152 Finishing May'14

2 Whiz Cikarang 120 5th floor Jun'14

3 Grand Whiz Sudirman - Makasar 140 Design & permit Nov'15

4 Grand Whiz Sunter - Jakarta 176 Permit Process Jun'15

5 Whiz Ahmad Yani - Banjarmasin 120 Design on progress Jun'15

6 Whiz Tugu Yogya - Yogyakarta 129 Design done, permit on process Jun'15

7 Whiz Letkol Isdiman - Purwokerto 128 Design on progress Jun'15

8 Grand Whiz Ahmad Yani - Lampung 154 Design on progress Feb'15

9 Grand Whiz Setiabudi - Bandung 120 Design and permit process Feb'15

10 Whiz Bojonegoro 100 Design and permit process Jan'15

11 Infinite Palangkaraya 120 negotiation done Feb'15

12 Grand Whiz Satrio - Jakarta 100 Design and permit process Mar'15

13 Whiz Kebon Kacang - Jakarta 80 Design and permit process May'15

14 Whiz Cipete - Jakarta 80 Design and permit process Jan'15

15 Grand Whiz Surabaya 288 Design process Jun'16

16 Grand Whiz Graha Festival - West Surabaya 140 Design process Jun'16

17 Whiz Graha Festival - West Surabaya tba Design process Jun'16

Intiwhiz Hotel Chain I Operator

29

Projects Pipeline

30

31

Office Tower A (Strata)

Office Tower B (Lease)

Office Tower C (Lease)

Phase 2 (Future development)

Office Tower

Boutique Office

Hotel & Serviced Apartment

Condominiums


South Quarter (Phase 2)South Jakarta

• Land Area : 2.7 Ha• Strata-title office• Residential unit• In close proximity to future MRT stations: Lebak Bulus

and Fatmawati

Kebon Melati (55% owned) CBD Jakarta

• Totaling area : 3.2 Ha• Phase 1

• 2 condominiums towers (SGA 43,130 sqm) 471 units

• Retail (NLA 5,689 sqm)• Phase 2

• Office Tower (SGA 34,491 sqm)• Boutique Office (SGA 14,018 sqm)• Serviced Apartment (SGA 9,726 sqm)• Retail (NLA 11,141 sqm)

• Remarks• Waterfront retail & lifestyle destination• In close proximity to future MRT stations:

Dukuh Atas and Bundaran HI

Phase 2

Phase 1

South Quarter

Kebon Melati

32


WestOne City (40% Owned) West Jakarta

• Land Area : 21 Ha• Consist of:

• Strata-title office• High rise residential

• Remarks:• To launch after the completion of Puri

Interchange• Completed the construction of front entrance,

roads, infrastructure and marketing office

Pinang Residence 2South Jakarta

• Totaling area : 2.5 Ha• Condominium tower (SGA 69,450 sqm) 600 units• Landed residential (25 units – ea +/-176 sqm) • Under planning and design stages

Pinang Residence 2

WestOne City

Township & Estate

Pantai Mutiara (reclamation) Pantai Mutiara, North Jakarta

• Land Area : 63 Ha• Consist of:

• Landed residential• Mixed-use• High rise and low rise residential• Commercial

• Project progress• Obtained principle permit to reclaim the land• Part of “Giant Sea Wall” plan


Beach Terrace ApartmentPantai Mutiara, North Jakarta

• Totaling area : 4.1 Ha (1.7 Ha is reclaimed land)• Consist of:

• 2 Condominium tower (SGA 97,200 sqm) 1,060 units

• Retail (NLA 5,679 sqm) • Under planning stages

Pantai Mutiara

Beach Terrace Apartment33

Townships & Estates

Serenia Hills TB Simatupang, South Jakarta

Phase 2 (Venture Cluster)• Land Area : 4 Ha• Landed residential - 115 units

Low rise apartment• Land Area : 1 Ha• 4 – 10 floors

34

35

Projects Leaseable Area Operational

South Quarter (phase 1) 2 Office Towers (SGA 78,563 sqm) 2Q2015

Kebon Melati I (55% owned)

Retail (NLA 5,689 sqm) 1Q16

Spazio Tower Retail (NLA 4,943 sqm)Function Hall (NLA 968 sqm)

1Q16

Praxis Office (SGA 8,643 sqm)Hotel 304 rooms (NLA 12,772 sqm)

Retail (NLA 10,351 sqm)

2Q16

Kebon Melati II (55% owned)

Office (SGA 40,500 sqm)Retail (7,120 sqm)

Hotel & serviced apt (192 rooms)

2018

Future recurring income stream

Financial Highlights

36

37

Financial Performance

Revenue (in billion) EBITDA (in billion)

Net Income (in billion) Marketing Sales (in billion)

2009 2010 2011 2012 2013

387

843 939

1,262

1,510

2009 2010 2011 2012 2013

101

211 215

332

439

2009 2010 2011 2012 2013

26

355

140

181

324

2009 2010 2011 2012 2013

339

1,109 1,172

1,650

2,533

38

Segments Contribution

Gross Profit (in billion) Revenue (in billion)

596

455

76

135

611

450

283

166

Township andEstates

Mixed-use andHigh-rise

Industrial Estate InvestmentProperties

2012 2013

269

147

31

50

259

156

222

69

Township andEstates

Mixed-use andHigh-rise

Industrial Estate InvestmentProperties

39

Marketing Sales

Plan in 2014 :• Marketing Sales FY14 = IDR 2,8 tn• Project to be launch :

• Kebon Melati• Spazio Tower (Surabaya)• Serenia Hills • Aeropolis

• Industrial estate expansion

Projects 2012 % 2013 %


1 Park Avenue 397 24.0% 484 19.1%

South Quarter - 0.0% 402 15.9%

Regatta 43 2.6% 81 3.2%

Aeropolis 159 9.6% 141 5.6%

Sumatra 36 28 1.7% 4 0.2%

Praxis - 0.0% 200 7.9%

1 Park Residence 88 5.3% 21 0.8%

Spazio 32 1.9% - 0.0%

Taman Semanan Indah 24 1.5% 47 1.9%

Pinang Residence 8 0.5% - 0.0%

Pacitan 1 0.0% 2 0.1%

Townships & Estates

Serenia Hills 194 12% 344 14%

Talaga Bestari 168 10% 67 3%

Graha Famili 54 3% 65 3%

Graha Natura 206 12% 174 7%

Industrial

Ngoro 115 7% 337 13%

Investment Properties

Intiwhiz 19 1% 25 1%

Sportclub 35 2% 45 2%

Office Rental 81 5% 96 4%

Total Marketing Sales 1,650 100% 2,535 100%

40

Financial Summary

in IDR billion 2013 2012 YoY Growth 2011 2010 2009

Revenue 1,510 1,262 20% 939 843 387

Gross Profit 706 496 42% 361 406 162

EBIT 400 304 32% 188 263 61

EBITDA 439 332 32% 215 211 101

Net Income 324 181 79% 140 355 26

EPS 31 17 79% 14 38 8

Total Assets 7,526 6,092 24% 5,692 4,599 2,140

Total Liabilities 3,430 2,141 60% 1,893 975 953

Total Equity 4,016 3,873 4% 3,716 3,578 1,154

Gross margin 47% 39% 38% 48% 42%

EBIT margin 27% 24% 20% 31% 16%

Net income margin 21% 14% 15% 42% 7%

ROA 5% 3% 3% 11% 2%

ROE 8% 5% 4% 16% 3%

Net Debt/ Equity 24% 20% 24% 5% 26%

EBITDA/ Net Int Exp 6.3 4.3 4.7 6.9 2.2

We caution readers that all statements other than statements of historical fact included in this document, includingwithout limitation, those regarding our financial position, business strategy, plans and objectives of management forfuture operations (including development plans and objectives relating to our existing and future products), are forward-looking statements.

Such forward-looking statements involve known and unknown risks, uncertainties and other facts, which may cause ouractual results, performance or achievements or industry results, to be materially different from any future results,performance or achievements expressed or implied by such forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding our present and future businessstrategies and the environment in which we expect to operate in the future.

We expressly disclaim any obligation or undertaking to release any update of or revision to any forward-lookingstatements contained herein to reflect any change in our expectations with regards hereto or any change in events,conditions or circumstances on which any such statements is based.

This document is the property of PT Intiland Development Tbk and is in its entirety confidential. It is for intendedrecipients only and for intended use only. It is restricted only for use by the recipient and should not be used or disclosedfor any other purpose, or by any other person, in part or in full, or be used as reference referred to in any document,without prior written consent from PT Intiland Development Tbk. This document only serves as a reference and it does notconstitute an offer solicitation or invitation to subscribe for and/or purchase any shares in any proposed venture.

Disclaimer and Confidentiality

41

Contact Person:Wendy Chandra

Capital & Investment ManagementPT Intiland Development Tbk

Tel : +62 21 5701912 (ext. 1899)Fax: +62 21 5700015

[email protected]

Theresia RustandiCorporate Secretary

PT Intiland Development Tbk

Tel : +62 21 5701912 (ext. 1846)Fax: +62 21 5700015

[email protected]

Head Office:Intiland Tower, Penthouse

Jl. Jend. Sudirman 32Jakarta 10220

Indonesia

42

mailto:[email protected]

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PT Intiland Development · PDF file1989 –2010 Development of Mid-Income estate Taman Semanan Indah ... of Soekarno Hatta International Airport, Tangerang ... City, 21Ha Tanjong Priok