Investor Presentaiton
Net asset value breakdown
URBAN DEVELOPMENT:
Lippo Village
1A)
1A)
Lippo Cikarang1
Tanjung Bunga 1c)
San Diego Hills 1A)
Micro Suburbs 1C)
Ownership (%)
Land Area (ha)
COLIPPO
Assets Value ($m)
PT LIPPO KARAWACI TOK
100%
424
2,399
81%
455
1,035
62.7%
192
118
100%
91
189
100%
20
25
3,765
SUB TOTAL
LARGE SCALE INTEGRATED DEVELOPMENT:
City of Tomorrow (retail, apart, inv & hotel) 1C)
85%
Kemang Village
1C)
100%
St Moritz 1B)
100%
532
44
13
159
21
563
6 New Projects 1A)
202
Others (land, retail space inv & other devt) 1C)
100%
182
SUB TOTAL
1,150
RETAIL MALLS:
Retail Space Inventory
100%
53
53
SUB TOTAL²)
HOTELS:
Hotels
SUB TOTAL2)
Hospitals³)
First REIT³)
LMIRT³)
100%
121
121
51.05
4.04
415
24
31.57
ESTIMATED TOTAL ASSET VALUE
156
5,683
Add:
Less:
Cash
Debt³)
3)
337
881
Less:
Advances from Customers³)
143
ESTIMATED NAV
4,996
1A) Appraised value as of 31 Dec 2018 by FAST
1B) FAST appraised all non Puri Mall assets at St. Moritz and Lippo Mall Puri appraised value as of 31 Dec 2018 by local partner of CBRE
1C) Appraised value as of 31 Dec 2016 by local partner of CB Richard Ellis & local partner of Baker Tilly International
2)
Business Value as of 31 Dec 2016: Malls: 12.66% WACC; Hotels: 11.96% WACC
3)
All values as of 31 Dec 2019 and in US$ using the exchange rate as at 31 Dec 2019 US$1 = Rp 13,901
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