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Right Place, Right Time, Right Company Right Place, Right Time, Right Company PT Lippo Karawaci Tbk FY 2016 Indonesia’s Largest and Most Integrated Property Group Leaders in Integrated Developments, Hospitals, Retail Malls, Hotels and Asset Management CONTENTS CORPORATE STRUCTURE 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY 02 FOUR BUSINESS DIVISIONS 03 MOST RECENT FINANCIAL RESULTS 04 - 05 DIVERSIFIED LANDBANK & PROJECTS 06 - 07 MOST INTEGRATED BUSINESS MODEL 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT 09 GROWTH STRATEGIES 10 OUR PORTFOLIO 11 - 38 FINANCIAL PERFORMANCE 39 - 43 APPENDICES 44 - 64 CORPORATE STRUCTURE Credit Suisse AGSG TRACCL LIPPO RELATED COMPANIES PUBLIC PT Metropolis Propertindo Utama 28.29% 5.32 % 66.39 % As of 31 Dec 2016 No of Outstanding Shares : 22,771,585,119 Code : LPKR.JK ; LPKR IJ 62,1% 54,4% 59,8% 100% PT SILOAM INTERNATIONAL PT LIPPO CIKARANG TBK PT GOWA MAKASSAR TOURISM PT BOWSPRIT ASSET HOSPITALS TBK DEVELOPMENT TBK MANAGEMENT 01 LARGEST & MOST INTEGRATED PROPERTY COMPANY Largest listed property Company by Revenue and Total Assets. Revenue and Total Assets for FY2016: USD 784 million and USD 3.4 billion, respectively. Fastest growing Indonesian real estate group market cap grew by more than 6x to USD 1.2 billion1 since the merger of eight property related companies in 2004. Market leader in townships & residential property, hospitals, and retail malls. Integrated business model with ability to recycle capital, and largest diversified landbank throughout Indonesia. Only Property Company rated by three rating agencies (B+ by Standard & Poor’s2 , BB- by Fitch3, Ba3 by Moody’s 4) Included in MSCI Global Standard Indices & major Indonesia Stock Exchange Indices: LQ45,IDX30, Jakarta Islamic Index, Bisnis-27, ISSI, Kompas-100, and Investor-33. Strong International Partners and Shareholders. Multi Award winning Developer. 1As of December 31, 2016 2Affirmed on October 24, 2016 3Affirmed on December 2, 2016 4Affirmed on December 30, 2016 02 LPKR FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 23 hospitals with more Malls: Manages 2 public than 5,100 beds capacity listed REITs in SGX : 8,087 ha Own and/or manage under the Siloam 46 malls First REIT & LMIRT Hospitals network. (GFA of 3.2 million sqm) Land already acquired: 43 hospitals in the 40 malls in the pipeline USD2.3 billion Assets 4,951 ha pipeline Under Management Hotels: Landbank Inventory: National and Own and/or manage Town Management 1,330 ha International (JCI) 9 hotels with 1,970 Lippo Village : 26% accreditation rooms Lippo Cikarang : 37% Tanjung Bunga: 22% San Diego Hills : 7% 03 REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA FY16: Rp10,538 Trillion FY16: Rp 2,232 Trillion 36% 44% 49% 29% 8% 16% 7% 11% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of FY2016 04 INCOME STATEMENTS: FY2016 AND FY2015 REVENUE FY16: RP 10,538 TRILLION EBITDA FY16: RP 2,232 TRILLION REVENUE FY15: RP 8,910 TRILLION EBITDA FY15: RP 2,223 TRILLION Rp bn Rp bn 1.200 6.000 1.117 5.168 970 5.000 1.000 3.785 4.144 4.000 3.403 800 651 617 3.000 600 2.000 400 360 253 251 236 853 1.000 732 607 756 200 - - - Residential & - Healthcare - Commercial - Asset - Residential & - Healthcare - Commercial - Asset Urban Management Urban Management Development Development NPAT FY16: RP 882 BILLION Source : Company as of FY2016 NPAT FY15: RP 535 BILLION 05 MOST DIVERSIFIED LANDBANK AND PROJECTS INDONESIA Grand Palladium Medan Sun Plaza Plaza Medan Fair Aryaduta Hotel Manado Lippo Plaza Medan Siloam Hospitals Manado Monaco Bay Binjai Supermall Siloam Hospitals Medan Holland Village Manado Aryaduta Hotel Medan Aryaduta Hotel Pekanbaru Siloam Hospitals Samarinda Siloam Hospitals Balikpapan KALIMANTAN SULAWESI MALUKU Siloam Hospitals Jambi PAPUA Lippo Plaza Jambi Palembang Square Lippo Plaza Lubuk Linggau St Moritz Panakukang PSx Mall Lippo Plaza Buton Siloam Hospitals Palembang Projects in Greater Jakarta Siloam Hospitals Buton Aryaduta Hotel Palembang Siloam in Greater Jakarta (9) Tanjung Bunga Township Palembang Icon Mall Malang Town Square Siloam Hospitals Makassar Bandung Indah Plaza JAVA GTC Makassar Istana Plaza Siloam Hospitals Mataram Aryaduta Hotel Bandung Siloam Hospitals Labuan Bajo Siloam Hospitals Purwakarta Lippo Plaza Kupang Lippo Plaza Yogya Siloam Hospitals Kupang City of Tomorrow, Surabaya Siloam Hospitals Nusa Dua, Kuta, Sunset (Bali) Residential & Urban Development Siloam Hospitals Surabaya Lippo Plaza Sunset Hospitals Lippo Mall Kuta Retail Malls Hotels 06 MOST DIVERSIFIED LANDBANK AND PROJECTS PROJECTS IN GREATER JAKARTA Jakarta Population : 12 million1 N Greater Jakarta Population : 30 million1 JAVA SEA Pluit Village NORTH JAKARTA International Airport WEST JAKARTA Soekarno Hatta St. Moritz Gajah Mada Plaza Lippo Mall Puri Holland Village PX Pavilion CENTER OF Metropolis Town Square JAKARTA Aryaduta Hotel Jakarta Siloam Hospitals Kebon Jeruk Lippo Thamrin MRCCC Aryaduta Hotel Semanggi Lippo Village Township Grand Mall Bekasi Blu Plaza Bekasi Benton Junction Embarcadero Bintaro The Plaza Semanggi Millenium Village (LV new CBD) Siloam Hospitals Bekasi SOUTH JAKARTA Siloam Hospitals Lippo Village Kemang Village Siloam General Hospitals Lippo Mall Kemang The Nine Residence Aryaduta Hotel & Country Club WTC Matahari San Diego Hills Memorial Park Maxxbox Karawaci Royal Serpong Village Kramat Jati Indah Plaza Siloam Hospitals TB Simatupang Lippo Cikarang Township BANTEN Siloam Hospitals Cinere Orange County (LC new CBD) PROVINCE Tamini Square Siloam Hospitals Asri Siloam Hospitals Lippo Cikarang EAST Lippo Cikarang Mall Pejaten Village JAKARTA Citywalk Cikarang Maxxbox Cikarang Residential & Urban Development Cibubur Junction Hospitals Retail Malls WEST JAVA Hotels Bellanova Country Mall PROVINCE Offices Depok Town Square Eka Lokasari Mal TOLL ROAD Park View Apartments Lippo Plaza Kebun Raya Bogor 1Indonesia Central Statistic Bureau Puncak Resort 07 MOST INTEGRATED BUSINESS MODEL IN INDONESIAN PROPERTY SECTOR DEVELOPERS PROPERTY OPERATIONS Majority of Indonesian Developer, Operator and Majority of Indonesian Developers REIT & Portfolio Developers Managers REITs Integrated Projects Development Across Property Income Proven Experience & Value Chain Track Record Projects: Buyers: Prudent & Sustainable Existing • Residential • Individual Financial Management Landbank & • Industrial • Corporate Proactive • Commercial Capitalizing on Group Land Synergies Recurring Income Acquisition Service: • Healthcare Sophisticated Marketing • Hospitality Middle income and • Leased Mall upper market segment Management THIRD PARTIES DEVELOPMENT AND OPERATING CAPABILITIES ACROSS THE SPECTRUM OF REAL ESTATE PRODUCTS 08 HIGHLY EXPERIENCED & PROFESSIONAL MANAGEMENT BOARD OF COMMISSIONERS: BOARD OF DIRECTORS: Ketut Budi Wijaya Theo L. Sambuaga Surjadi Soedirja Tjokro Libianto Lee Heok Seng Agum Gumelar President Director Chairman Vice Chairman Chan Chee Meng Farid Harianto H. Sutiyoso Alwi Sjaaf Johanes Jany Richard Setiadi Jenny Kuistono 09 GROWTH STRATEGIES ASSET RESIDENTIAL AND HOSPITALS COMMERCIAL URBAN DEVELOPMENT MANAGEMENT Enhance value of our Deliver as promised on our RETAIL MALLS Deliver a significant landbank through various hospital expansion program Execute on planned pipeline growth in scale in our new infrastructure whilst further enhancing our developments REITs through our asset development and high position as the leading light strategy. quality residential and hospital and healthcare Expedite the development of commercial products. group in Indonesia. pipeline projects Continue to complete and Continue our operational Fast track asset Continue to grow our fee deliver on project pipeline and cost efficiency enhancement projects in income contribution which with due consideration of programs to shorten existing malls. strengthen our recurring recent regulations in a more stabilisation periods of new revenue base. realistic launch schedule hospitals. Enhance process and culture to create Indonesia’s Continue to diversify into Set the benchmark for premier malls operator. Increase Fee Income other types of property innovative medical packages through management of developments, i.e. office. that meet the needs of our HOTELS Real Estate Investment growing middle class. Increase market share and Funds (DIRE) Ramp up our marketing profitability of our existing sales to capitalise on Create new medical package hotel portfolio current opportunities and to meet the needs of broad our industry leading market segment for world Entry into the middle market position. class healthcare through launch of three star hotel chain Wider price range to capture broad market coverage 10 RESIDENTIAL & URBAN DEVELOPMENT LIPPO VILLAGE AT KARAWACI, JAKARTA WEST Artist Impression Total Area Development Area Green Area Development Rights Land already acquired Landbank inventory 132 ha 71 ha 125 ha 3,066 ha 1,184 ha 283 ha Planned Development Development Period Residential Total Towers Built > 70 3 Phase Population Jobs Houses > 10,583 Est. Building GFA > 6 mn sqm > 59,521 48,688 Condos > 1,120 - Residential > 2 mn sqm Shophouses > 1,193 - Medical City > 400,000 sqm - Commercial (Retail +Office)> 600,000 sqm - Mixed Use > 3 mn sqm 113.5 km roads built, 59,690 trees planted, 21% green space Lippo Hotels > Five Star & Boutique Hotel Art District, Lippo World Expo, ZU Private Club, Lippo Grand Mall 11 RESIDENTIAL & URBAN DEVELOPMENT LIPPO CIKARANG, JAKARTA EAST Glendale Park (505 units) Pasadena
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