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Right Place, Right Time, Right Company Right Place, Right Time, Right Company PT Lippo Karawaci Tbk 9M 2017 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 - 37 FINANCIAL PERFORMANCE 38 - 42 APPENDICES 43 - 63 CORPORATE STRUCTURE OTHER MAJORITY SHAREHOLDERS LIPPO RELATED COMPANIES > 5% PUBLIC < 5% 32.00% 31.64%. 36.36 % As of 30 Sep 2017 No of Floating Shares : 22,771,585,119 Code : LPKR.JK ; LPKR IJ 62,1% 54,4% 62,7% 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 as per 9M 2017: USD 555 million and USD 3.9 billion, respectively. Fastest growing Indonesian real estate group market cap grew by more than 5x to USD 1.24 billion1 since the merger of eight property related companies in 2004. Market leaders in mixed use integrated developments, 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, B1 by Moody’s 4) Included in major Indonesia Stock Exchange Indices: LQ45,IDX30, Kompas-100, Jakarta Islamic Index, ISSI, and Investor-33. Strong International Partners and Shareholders. Multi Award winning Developer. 1As of Sep 30, 2017 2Rerated on December 12, 2017 3Affirmed on November 30, 2017 4 Rerated on April 28, 2017 02 LPKR FOUR BUSINESS DIVISIONS DEVELOPMENT REVENUE RECURRING REVENUE RESIDENTIAL AND ASSET URBAN DEVELOPMENT HOSPITALS COMMERCIAL MANAGEMENT Development rights: 31 hospitals in 22 cities Malls: Manages 2 public with 6,300 beds capacity listed REITs in SGX : 8,087 ha Own and/or manage under the Siloam 47 malls First REIT & LMIRT Hospitals network. (GFA of 3.3 million sqm) Land already acquired: 39 hospitals in the 38 malls in the pipeline USD2.3 billion Assets 5,002 ha pipeline Under Management Hotels: Landbank Inventory: National and Own and/or manage Town Management 1,364 ha International (JCI) 9 hotels with 1,970 Lippo Village : 27% accreditation rooms Lippo Cikarang : 36% Tanjung Bunga: 21% San Diego Hills : 6% 03 REVENUE & EBITDA CONTRIBUTION REVENUE EBITDA 9M’17: Rp 7.489 Trillion 9M’17: Rp 1.521 Trillion 26% 35% 33% 10% 57% 7% 14% 18% Residential & Urban Development Commercial Hospitals Asset Management Source : Company as of 9M’17 04 INCOME STATEMENTS: 9M’2017 AND 9M’2016 REVENUE 9M’17: RP 7.489 TRILLION EBITDA 9M’17: RP 1.521 TRILLION REVENUE 9M’16: RP 7.425 TRILLION EBITDA 9M’16: RP 1.701 TRILLION Rp bn Rp bn 800 5.000 702 700 4.500 4.292 4.000 3.824 600 530 3.500 508 500 482 3.000 2.412 400 2.500 1.940 2.000 300 279 280 237 1.500 204 200 1.000 707 651 550 538 100 500 - - - Residential & - Healthcare - Commercial - Asset - Residential & - Healthcare - Commercial - Asset Urban Management Urban Management Development Development Source : Company as of 9M’2017 NPAT 9M’17: RP 625 BILLION NPAT 9M’16: RP 665 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 Siloam Hospitals Balikpapan Bangka Belitung KALIMANTAN SULAWESI MALUKU Siloam Hospitals Jambi PAPUA Lippo Plaza Jambi Palembang Square Lippo Plaza Lubuk Linggau St Moritz Panakukang PSx Mall Siloam Hospitals Lubuk Linggau Lippo Plaza Buton Siloam Hospitals Palembang Projects in Greater Jakarta Siloam Hospitals Buton Aryaduta Hotel Palembang Siloam in Greater Jakarta (12) 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 Cirebon Siloam Hospitals Labuan Bajo Siloam Hospitals Purwakarta Lippo Plaza Kupang Lippo Plaza Yogya Lippo Plaza Jember Siloam Hospitals 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 Sentosa Bekasi SOUTH JAKARTA Siloam Hospitals Hosana Medica Bekasi Siloam Hospitals Lippo Village Kemang Village Siloam Hospitals Blu Plaza Bekasi 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 Meikarta (OC CBD of Meikarta) 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 Siloam Hospitals Bogor 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: Theo L. Sambuaga Surjadi Soedirja Agum Gumelar Farid Harianto H. Sutiyoso Chairman Vice Chairman BOARD OF DIRECTORS: Ketut Budi Wijaya Tjokro Libianto Chan Chee Meng Alwi Sjaaf Richard Setiadi Wijaya Subekti* President Director *Newly Appointed on EGM Dec 15, 2017 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 A New Visionary City Redefining The Meaning of Beautiful Modern City 250.000 New Housing for 1.000.000 communities 11 RESIDENTIAL & URBAN DEVELOPMENT SURROUNDED BY FORTUNE 500 COMPANIES . 4.000 MULTINATIONAL COMPANIES . 1 MILLION CAR PRODUCTION / YEAR . 10 MILLION MOTORCYCLES PRODUCTION / YEAR . 12.000 EXPATRIATES JAKARTA BANDUNG 12 RESIDENTIAL & URBAN DEVELOPMENT 6 New Infrastructures PATIMBAN DEEP SEAPORT LRT CAWANG –BEKASI TIMUR – CIKARANG EST. VALUE : Rp 40 T EST. VALUE : Rp 3,2 T EST. COMPLETION : 2019 (PARTIAL) EST. COMPLETION : 2019 KERTAJATI INTERNATIONAL
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