Investor Presentaiton
Typical project cost structure
Materials cost structure*
(RUB 12,000 18,000 per sqm of NSA)
Sand
Bricks
2%
Crushed granite
3%
8%
Cement
15%
Metal products
23%
Typical project lifecycle*
Construction cost structure*
(RUB 29,000-39,000 per sqm of NSA)
Machinery
VAT accrued
5%
Materials
16%
49%
Other
43%
19%
Total cost structure*
(RUB 59,000 - 72,000 per sqm of NSA)
Project management
Other
1% 2%
17%
Wages
Construction
56%
Overhead expenses**
Task
Share,%
Start, month
Duration, months
Predevelopment
3
0
8
Zero cycle works
7
2
10
Construction works
43
5
20
Facade works
11
16
10
Fit out works
LO
5
18
10
MEP systems
14
7
21
Engineering facilities
15
5
Urban landscaping
2
24
23
6
0
5
*Source: Company estimates for typical project based on current portfolio average. Actual breakdown per project is subject to significant variation due to a number of factors.
**including payroll tax
Etalon Group
Operating
Results
Landbank
Valuation
Financial
Results
Design
Interest expense
5%
6%
Sales costs
8%
Construction timeline, months
8%
Infrastructure
14%
Land acquisition
10
15
20
25
30
Selected
Appendix
Projects
40View entire presentation