Print this page FY2011 Results Presentation * Financial Statement And Related Announcement * Asterisks denote mandatory information Name of Announcer * METRO HOLDINGS LIMITED Company Registration No. 197301792W Announcement submitted on behalf of METRO HOLDINGS LIMITED Announcement is submitted with METRO HOLDINGS LIMITED respect to * Announcement is submitted by * Tan Ching Chek Designation * Company Secretary Date & Time of Broadcast 26-May-2011 12:33:58 Announcement No. 00022 >> Announcement Details The details of the announcement start here ... For the Financial Period Ended * 31-03-2011 Description Please refer to the attached file. Attachments PresentationSlideFinal.pdf Total size = 1121K (2048K size limit recommended) Close Window Page 1 of 1
METRO HOLDINGS LIMITED METRO HOLDINGS LIMITED FY2011 RESULTS PRESENTATION FY2011 RESULTS PRESENTATION 26 May 2011 26 May 2011
Contents � About Metro � Property Development & Investment � Retail Operations � Financial Highlights � Market Outlook � Growth Strategies � Outlook 2
Who We Are We are… A property development and A property development and investment group, backed by investment group, backed by an established retail track an established retail track record record - Strong presence in China, Indonesia, Singapore and the Asia- Pacific region 3
Our Regional Presence List of Properties • Metro City, Beijing • ECMall, Beijing • Metro City, Shanghai • Metro Tower, Shanghai BEIJ BEIJING • GIE Tower, Guangzhou • Frontier Koishikawa Building, Tokyo TOK TOKYO SHANGHAI SHANGHAI List of Investments • Shui On Land GUANGZHO GUANGZ HOU • Top Spring International List of Retail outlets • Singapore • Jakarta, Indonesia • Bandung, Makassar, Indonesia SINGAPORE SI NGAPORE JAKARTA & BANDUNG JAKARTA & BANDUNG 4
Property Property Development Development & Investment & Investment
Portfolio Overview Completed Investment Properties: Completed Investment Properties: % owned Tenure Site Area Lettable No. of Occupancy Valuation Tenants (1) Rate (%) (1) by Group (1) (“sqm”) Area (S$’m) (“sqm”) (100%) Metro City, 36 yr term 60% 15,342 39,423 110 98.3 241 (1) Shanghai from 1993 Metro City, 40 yr term 320 (1) 50% 32,484 116,846 13 74.5 from 2004 Beijing GIE Tower, 50 yr term 100% - 28,390 42 95.2 91 (1) Guangzhou from 1994 Metro Tower, 50 yr term 60% 5,247 40,039 22 84.3 168 (1) Shanghai from 1993 50 yr term EC Mall, 31.65% 26,735 28,974 79 89.1 316 (2) Beijing (3) from 2001 Frontier Koishikawa (1) 100% Freehold 1,319 5,124 5 73.2 87 Building, Tokyo (4) (1) As at March 31, 2011 (2) As at December 31, 2010 (3) Completed in late 2QFY2010 (4) Acquired in early 1QFY2011 6
Portfolio Overview Completed Investment Properties under Associated Companies: Completed Investment Properties under Associated Companies: % owned Site Area Lettable Area Occupancy Rate by Grp (1) Tenure (%) (1) (“sqm”) (“sqm”) 40 yr term Tesco Lifespace, 10.7% 31,808 30,041 93.0 (1) QinHuangDao (2) from 2005 Tesco Lifespace, 40 yr term Fushun (2) (4) 10.7% 18,800 33,732 82.0 (1) from 2007 Tesco Lifespace, 40 yr term Anshan (3) (4) 90.1 (1) 10.7% 67,565 45,738 from 2009 Tesco Lifespace, 40 yr term 10.7% 21,404 26,465 91.4 (4) Fuzhou (5) from 2006 (1) As at March 31, 2011 (2) Completed in early 4QFY2010 (3 ) Completed in early 3QFY2011 (4) Exclude residential element (5) As at Official Opening on 6 May 2011 7
Portfolio Overview Investment Properties Under Development by Associated Companies: % owned by No. of Lettable Area Scheduled Grp (1) Location Tenure Tenants (sqm) Opening Under LOI Tesco 40 yr term Xiamen, Lifespace, 10.7% 28,700 (1) August 2011 NA PRC from 2005 Xiamen Tesco 40 yr term Shenyang, Lifespace, 10.7% 36,100 (1) October 2011 NA PRC from 2007 Shenyang (1) Estimated as at December 21, 2010 8
Property Investment Property Valuation (100%): Property Valuation (100%): FY2011 FY2010 FY2011 FY2010 (%) (%) ( Rmb’m) (Rmb ’ m) (S$ ’ m) (S$ ’ m) Metro City, Shanghai 1,255 1,142 9.9 241 234 +3.0 1,668 1,644 1.4 320 337 -5.0 Metro City, Beijing GIE Tower, Guangzhou 473 467 1.3 91 96 -5.2 Metro Tower, Shanghai 873 866 0.8 168 178 -5.6 EC Mall, Beijing (1) 1,645 1,603 2.6 316 329 -4.0 Metro City, Beijing Frontier Koishikawa Building, Tokyo (2) 5,700 - N.A. 87 - N.A. (JPY’m / SGD’m) (1) Completed in late 2QFY2010 (2) Acquired in early 1QFY2011 FY10 Exchange rate: S$1: RMB 4.878 9 FY11 Exchange rate: S$1: RMB 5.208
Occupancy Rate FY2011 (%) FY2010 (%) Metro City, Shanghai 98.3 86.8 Metro City, Beijing 74.5 74.6 GIE Tower, Guangzhou 95.2 86.4 Metro Tower, Shanghai 84.3 73.9 ECMall, Beijing (1) 89.1 63.2 Frontier Koishikawa 73.2 - Building, Tokyo (2) Metro City, (1) Completed in late 2QFY2010 Beijing (2) Acquired in early 1QFY2011 10
Property Investment- Expiry Profile Expiry Profile by Gross Rental Income: 1H2012 (%) 2H2012 (%) Metro City, Shanghai 2.81 6.63 Metro City, Beijing 0.13 0.24 GIE Tower, Guangzhou 10.56 15.31 Metro Tower, Shanghai 9.25 NIL ECMall, Beijing 0.97 0.36 Frontier Koishikawa NIL 81.33 Building, Tokyo 11
Metro City, Shanghai Top 10 Tenants: Top 10 Tenants: Total: 98.3% Name of Tenant Trade Sector % of total lettable area Buynow Computer Electronics & IT 19.73% World Retail Tenant Mix by Lettable Lettable Area Area Retail Tenant Mix by Physical Fitness & Leisure & Entertainment/ 10.23% (as at March 31, 2011) (as at March 31, 2011) Beauty Centre Sport & Fitness Kodak Cinema World Leisure & Entertainment/ 8.57% Sport & Fitness Popular Bookmall Books/Gifts & Specialty/ 7.44% Hobbies/Toys/Jewelry Megabite F&B/Food Court 6.26% 8.70% 6.90% HAOLEDI KTV Leisure & Entertainment/ 5.44% 29.50% Sport & Fitness DAGAMA BBQ F&B/Food Court 2.35% 25.80% 23.10% Pizza Hut F&B/Food Court 1.87% Herborist Fashion & Shoes 1.84% 3.70% Starbucks F&B/Food Court 1.82% 0.30% 0.30% F&B/Foodcourt Leisure & Entertainment/Sport & Fitness Services Supermarkets Department Store Electronics & IT Fashion & Shoes Books/Gifts & Specialty/Hobbies/Toys/Jewelry 12
Metro Tower, Shanghai Top 10 Tenants: Top 10 Tenants: Name of Tenant Trade Sector % of total Total: 84.3% lettable area Exxon Mobil Petroleum & Chemicals 20.66% Office Tenant Mix by Lettable Lettable Area Area Office Tenant Mix by Swatch Group Consumer Products 10.74% (as at March 31, 2011) (as at March 31, 2011) KFC F&B 8.50% AIA Banking, Insurance and 6.60% Financial Services Agricultural Bank of Banking, Insurance and 6.04% 13.30% 15.50% China Financial Services Pizza Hut F&B 5.99% Faith Cosmetics Consumer Producsts 4.25% Cummins Others 4.06% Metro Express Others 12.60% 4.01% 24.70% Newspaper Sekisui Petroleum & Chemicals 2.07% 0.90% 17.30% Banking, Insurance & Financial Services Consumer Products IT services and Telecommunication Petroleum & Chemicals Others F&B/Foodcourt 13
Metro City, Beijing Top 10 Tenants: Top 10 Tenants: Name of Trade Sector % of Total: 74.5% Tenant lettable area Hong Xing Home Furnishings 30.16% Parkson Department Store Retail Tenant Mix by Lettable Lettable Area Area Retail Tenant Mix by Department 21.52% (as at March 31, 2011) (as at March 31, 2011) Store Walmart Supermarkets 15.45% Supercentre Gome Electronics & IT 0.50% 2.85% 3.80% Electrical 15.40% Lucky Time F&B/Food Court 2.36% Food Court Han Nan Shan F&B/Food Court 0.65% Pizza Hut F&B/Food Court 0.45% 30.20% KFC F&B/Food Court 0.38% China Services Construction 0.33% 21.70% Bank Watson Department Store 2.90% 0.18% Department Store Electronics & IT Home Furnishings F&B/Food Court Services Supermarkets 14
GIE Tower, Guangzhou Top 10 Tenants: Top 10 Tenants: Total: 95.2% Name of Trade Sector % of Tenant lettable area Office Tenant Mix by Lettable Lettable Area Area Jin Yu Restaurant F&B 12.68% Office Tenant Mix by Ericsson IT Services & (as at March 31, 2011) (as at March 31, 2011) 11.89% Telecommunication Guang Dong Banking, Insurance & 6.34% Development Bank Financial Services Abbott Laboratories Pharmaceutical 6.03% 0.80% 16.50% 15.90% New Times Banking, Insurance & 4.66% Securities Financial Services Roche Pharmaceutical 4.17% Carat Advert GZ Others 4.17% Company 15.40% 27.20% Evergreen Others 3.53% 16.80% APL Cruise Ship Others 3.09% 2.60% Toshiba IT Services & 2.92% Telecommunication IT Services & Telecommunications Pharmaceutical Petroleum & Chemicals Others Consumer Products F&B Banking, Insurance & Financial Services 15
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