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PRESENTATION OF H1 2022 RESULTS
25 AUGUST 2022
DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
2
H1 2022 AT DOM DEVELOPMENT GROUP
• 1 559 units sold in H1 2022 with high margins, including 801 in Q2
• Launch of 21 project phases (2 304 units) confirms our effectiveness in obtaining building permits
• PLN 575m cash balance as at 30 June 2022 and negative gearing (-19%)
• DOM 2030 – adoption of Dom Development Group’s ESG Strategy
• The Annual General Meeting adopted record high dividend from 2021 profit: PLN 10.50 per share,
PLN 268m in total (paid on 16 August 2022)
• Launch of Dom Development Cracow and finalisation of acquisitions of Sento Group and companies from
BUMA Group
3
H1 2022 FINANCIAL SUMMARY
REVENUE
H1 2022 H1 2021 Change
PLN 1 329m PLN 1 144m +PLN 185m
+16%
31% GROSS MARGIN
H1 2021: 33%
29% ROE 12M
12M to 06.2021: 35%
-19% GEARING
30.06.2021: -6%
NET PROFIT
H1 2022 H1 2021 Change
PLN 236m PLN 233m +PLN 3m
+1%
NET CASH
30.06.2022 30.06.2021 Change
PLN 214m PLN 65m +PLN 149m
+229%
4
MARKET
• Rising interest rates and tightening of mortgage granting criteria since April – strong cuts in mortgage
availability affecting most visibly demand in popular segment
• Decrease in market sales in Q2 as compared to Q1 against QoQ increase at Dom Development Group
• Surging inflation and negative real interest on deposits still encourages the investment of savings in real
estate despite alternatives
• Increased demand on rental market caused by refugee inflow after Russian invasion of Ukraine
• Record-high proportion of cash purchases – over 70% of Group sales, supported by strong rental market
• Construction costs stabilisation in Q2 following strong increases at the beginning of the year
5
1 032
856
1 094
758 801
Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
SALES
No. of units
QoQ INCREASE AS COMPARED TO MARKET DOWNTURN IN SALES
Net sales (units)
H1
2022
H1
2021
Change
YoY
Warsaw 833 1 148 (27)%
Tri-City 439 674 (35)%
Wroclaw 176 294 (40)%
Cracow* 111 - n/a
Dom Development
Group
1 559 2 116 (26)%
* Dom Development Group entered Cracow in July 2021
6
Average transaction
value (PLN k)
H1
2022
H1
2021
Change
YoY
Warsaw 709 758 (6)%
Tri-City 650 512 +27%
Wroclaw 531 445 +19%
Cracow* 573 - n/a
Dom Development
Group
664 638 +4%
H1 2022 SALES SEGMENTATION
WE ARE THE LEADER IN UPPER SEGMENT FLATS – MORE RESILIENT TO MARKET DOWNTURN
Unit sale value includes price of flat with fit-out (if purchased), storage room (if purchased) and parking space (if purchased).
13%
16%
21%
15%
35%
up to PLN 400k
PLN 500-400k
PLN 600-500k
PLN 700-600k
over PLN 700k
Dom Development Group
H1 2022 sales value segmentation
* Dom Development Group entered Cracow in July 2021
7
UNITS AVAILABLE FOR SALE - UNDER CONSTRUCTION AND FINISHED
No. of units available for sale
WE ARE CAREFULLY MANAGING THE LEVEL AND STRUCTURE OF OUR OFFER;
SIGNIFICANT INCREASE OF WARSAW OFFER THANKS TO SUCCESS IN OBTAINING BUILDING PERMITS
Group offer
by location
30.06.
2022
30.06.
2021
Change
YoY
Warsaw 1 160 564 +106%
Tri-City 855 802 +7%
Wroclaw 376 405 (7)%
Cracow 266 - n/a
Dom Development
Group
2 657 1 771 +50%
* Dom Development Group entered Cracow in July 2021
1 712 1 735
2 425 2 342
2 617
59 81
55
39
40
1 771 1 816
2 480
2 381
2 657
30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022
Finished units Units under construction
8
LAUNCHES IN Q2 2022
129 apartments
in Mokotów - Warsaw
134 flats in the North
Praga district of Warsaw
293 flats in the Bemowo
district of Warsaw
60 units in Jastarnia
(Hel peninsula)
92 units
in Rumia
136 flats
in Cracow
88 flats
in Wroclaw
133 units in the Wola
district of Warsaw
102 units
in downtown Gdańsk
9
UNITS UNDER CONSTRUCTION
5 804
6 593
5 930
6 977 7 245
30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022
No. of units
ALL SITES PROGRESSING ON TIME AND WITH HIGH MARGINS
Units under
construction
30.06.
2022
30.06.
2021
Change
YoY
Warsaw 3 532 2 718 +30%
Tri-City 2 317 2 344 (1)%
Wroclaw 846 742 +14%
Cracow* 550 - n/a
Dom Development
Group
7 245 5 804 +25%
* Dom Development Group entered Cracow in July 2021
10
Land Bank Owned Controlled Total
Change
YoY
Warsaw 4 996 4 175 9 171 (5)%
Tri-City 3 515 1 334 4 849 (12)%
Wroclaw 1 003 1 053 2 056 +12%
Cracow* 1 795 0 1 795 n/a
Dom Development
Group
11 309 6 562 17 871 +5%
LAND BANK – OWNED AND CONTROLLED
HIGH QUALITY, DIVERSIFIED LAND BANK
No. of units to be developed
7 509 8 345
9 946
11 585 11 309
9 538 8 430
7 039
7 034
6 562
17 047 16 775 16 985
18 619
17 871
30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022
Plots owned Plots controlled
* Dom Development Group entered Cracow in July 2021
11
DELIVERIES
STRONG H1 DELIVERIES WILL HELP US MEET ANNUAL TARGETS
No. of units
Deliveries in units
H1
2022
H1
2021
Change
YoY
Warsaw 1 294 1 201 +8%
Tri-City 548 277 +98%
Wroclaw 236 444 (47)%
Cracow* 100 - n/a
Dom Development
Group
2 178 1 922 +13%
* Dom Development Group entered Cracow in July 2021
1 366
556 599
811
1 094 1 084
Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
12
0
500
1 000
1 500
2 000
2 500
3 000
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
CUMULATIVE NET SALES TO BE RECOGNIZED IN P&L
(UNITS SOLD BUT NOT DELIVERED - PRESALES)
PLN m
Units sold but not delivered (presales): Value
30.06.2021 4 305 units PLN 2 365m
30.06.2022 4 510 units, including: PLN 2 861m
• 202 finished units;
• 1 774 units under construction
completing in 2022
STRONG REVENUE POTENTIAL IN FORTHCOMING QUARTERS
13
PROFIT AND LOSS ACCOUNT
WE MAINTAIN HIGH PROFITABILITY DESPITE ELEVATED CONSTRUCTION COSTS
Profit and Loss Account Q2 2022 Q2 2021 Change YoY
Sales Revenues 601.8 336.5 +79%
Handovers (units) 1 084 556 +95%
Revenue per unit (PLN’000) 555.2 605.2 (8)%
Gross Profit on Sales 171.7 117.3 +46%
Gross Profit Margin 28.5% 34.9% (6.4) pp
Operating Profit 108.6 73.8 +47%
Operating Profit Margin 18.1% 21.9% (3.8) pp
Profit Before Tax 115.1 72.3 +59%
Profit Before Tax Margin 19.1% 12.0% +7.1 pp
Net Profit 94.0 58.0 +62%
Net Profit Margin 15.6% 9.6% +6.0 pp
EPS (PLN) 3.68 2.29 +61%
IAS 15, PLN m
H1 2022 H1 2021 Change YoY
1 328.8 1 144.4 +16%
2 178 1 922 +13%
610.1 595.4 +2%
405.5 380.1 +7%
30.5% 33.2% (2.7) pp
282.5 289.6 (2)%
21.3% 25.3% (4.0) pp
293.1 288.3 +2%
22.1% 25.2% (3.1) pp
235.8 232.5 +1%
17.7% 20.3% (2.6) pp
9.25 9.17 +1%
14
BALANCE SHEET
OUR STRONG BALANCE SHEET OFFERS SECURITY AGAINST MARKET VOLATILITY
PLN m
ASSETS 30.06.2022 30.06.2021 Change
Current Assets 3 906 3 171 +23%
Cash 575 549 +5%
Incl. escrow accounts 77 42 +86%
Inventory, including: 3 156 2 433 +30%
Land and phases under construction 2 952 1 972 +50%
Finished units, parking places and storage cells 101 144 (30)%
Fixed Assets 136 77 +77%
TOTAL ASSETS 4 042 3 248 +24%
EQUITY AND LIABILITIES 30.06.2022 31.03.2021 Change
Equity 1 240 1 148 +8%
Total Liabilities 2 802 2 100 +33%
Long-term liabilities 508 569 (11)%
Incl. Interest-bearing debt (bonds and loans) 311 406 (23)%
Short-term liabilities, including: 2 294 1 532 +50%
Deferred income 1 420 1 056 +34%
Interest-bearing debt (bonds and loans) 50 78 (35)%
TOTAL EQUITY AND LIABILITIES 4 042 3 248 +24%
FIXED
OTHER
INVENTORY
CASH
EQUITY
EQUITY
LONG-TERM
LIABILITIES
BONDS
OTHER
SHORT-TERM
LIABILITIES
TRADE
PAYABLES…
BONDS
DYVIDEND
DEFFERED
INCOME
0
200
400
600
800
1 000
1 200
1 400
1 600
1 800
2 000
2 200
2 400
2 600
2 800
3 000
3 200
3 400
3 600
3 800
4 000
ASSETS LIABILITIES
PLN m
15
DEBT MATURITY STRUCTURE
ALMOST PLN 1 BILLION OF AVAILABLE FINANCING AND WELL-SPREAD DEBT MATURITY
PLN 575m
CASH
PLN 407m
UNDRAWN CREDIT LINES
50
50 50
100
110
1
2022 2023 2024 2025 2026
Bonds Bank Loans
PLN m
As of 30.06.2022 r.
16
DOM 2030 – DOM DEVELOPMENT GROUP ESG STRATEGY
STRATEGY PILLARS AND MAIN TARGETS:
30% reduction
in CO2 emissions by 2030
per unit under construction, as compared to
2021, under SCOPE 1 and SCOPE 2
‘15-minute City’ in 90%
of our projects by 2030
active work towards an optimal structure
of services available to residents
Top class
corporate governance
and maximisation of compliance levels with
WSE Best Practices, including a 30% gender parity
in Management and Supervisory Boards
17
SUMMARY: H1 2022
• Significant growth potential in Cracow unlocked by our acquisition of the BUMA Group
companies
• Mortgage-dependent demand constrained by rising interest rates and affordability
criteria
• Very strong demand from cash buyers
• Deliveries of 2 178 units, including 1 084 in Q2
• 31% gross margin and PLN 236m net profit
• PLN 575m cash and negative gearing of -19%
ZAŁĄCZNIKI
APPENDICES
19
COMMENCEMENT OF HANDOVERS IN Q3-Q4 2022
PROJECT / PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
PROJECT / PHASE LOCATION
NO. OF
UNITS
COMMENCEMENT
OF HANDOVERS
Q3
APARTAMENTY SŁUŻEWIEC WARSAW 37 JUL'22
IV
kw.
METRO ZACHÓD PHASE 3/1 WARSAW 145 OCT'22
STACJA GROCHÓW PHASE 4 WARSAW 159 AUG'22 REZYDENCJA STANISŁAWA AUGUSTA WARSAW 125 OCT'22
ZIELONY POŁUDNIK BUILDINGS 16, 17, 22, 23 TRI-CITY 90 AUG'22 OSIEDLE PRZY BŁONIACH BUILDING B2 TRI-CITY 45 OCT'22
WILNO IV PHASE 3 WARSAW 154 SEP'22 APARTAMENTY OŁTASZYN WROCLAW 158 OCT'22
ZIELONY POŁUDNIK BUILDING 15 TRI-CITY 48 SEP'22 DYNAMIKA BUILDINGS A I B TRI-CITY 90 NOV'22
METRO ZACHÓD PHASE 3/2 WARSAW 153 DEC'22
WILNO IV PHASE 5 WARSAW 158 DEC'22
DOKI BUILDING A TRI-CITY 93 DEC'22
MONTOWNIA TRI-CITY 116 DEC'22
PERSPEKTYWA PHASE 2 TRI-CITY 252 DEC'22
OSIEDLE KOMEDY PHASE 3 WROCLAW 127 DEC'22
SENTOTU PHASE 1/2 CRACOW 106 DEC'22
SENTOTU PHASE 1/3 CRACOW 84 DEC'22
PRZESTRZENIE BANACHA PHASE 2 (BUMA) CRACOW 134 DEC'22
20
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 METRO ZACHÓD 1 109 1 779
2 LITERACKA --- 530
3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) 133 ---
4 APARTAMENTY LUDWIKI 432 ---
5 URBINO (+180) 124 180
6 APARTAMENTY SOLIPSKA 187 ---
7 OSIEDLE PRZY FORCIE (NEW) --- 125
8 OSIEDLE PRZY RYŻOWEJ (NEW) --- 161
9 DOM NA SŁUŻEWCU 108 ---
10 OSIEDLE BOKSERSKA 71 234 ---
11 APARTAMENTY BIAŁEJ KONICZYNY (PORY) 129 71
12 OSIEDLE OLIMPIJSKIE (ANTONIEWSKA) --- 1 133
13 PALLADIUM (AKACJE) --- 566
14 OSIEDLE CERAMICZNA 346 ---
15 OSIEDLE JAGIELLOŃSKA (NEW) 134 ---
16 WILNO 312 233
17 REZYDENCJA STANISŁAWA AUGUSTA 125 ---
18 STACJA GROCHÓW 159 ---
19 WAWER --- 218
TOTAL WARSAW 3 532 4 996
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
1
2
3
15
16
19
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW
NO. OF UNITS, AS OF 30/06/2022
13
5
4
10
12
11
8
9
14
18
17
7 6
21
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
15
1 2
3
5
6
7
13
14
6
4
9
10
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY
NO. OF UNITS, AS OF 30/06/2022
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 PERSPEKTYWA 558 ---
2 DOKI + MONTOWNIA 654 546
3 DOLNE MIASTO --- 371
4 SYNTEZA (PIEKARNICZA) --- 536
5 DYNAMIKA 196 138
6 WIDOKI 92 124
7 ZIELONY POŁUDNIK 275 ---
8 LEMA --- 176
9 OSIEDLE BEAUFORTA 2 186 228
10 KONSTELACJA 82 560
11 GÓRA MARKOWCA --- 178
12 LOCUS 2 --- 135
13 OSIEDLE PRZY BŁONIACH 155 ---
14 OSIEDLE PRZY BŁONIACH 3 --- 523
15 WYDMA 59 ---
16 LAS 60 ---
TOTAL TRI-CITY 2 317 3 515
12
8
11
16
22
1
2
3
4
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 OSIEDLE CHOCIEBUSKA 11 196 ---
2 APARTAMENTY OŁTASZYN 158 ---
3 OSIEDLE KOMEDY 258 96
4 ZIELNA (+196) 146 196
5 CENTRUM --- 154
6 OSOBOWICE 88 ---
7 NOWY DWÓR --- 36
8 MIĘDZYLESKA --- 345
9 STODOLNA --- 176
TOTAL WROCLAW 846 1003
5
6
6
6
7
8
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
9
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW
NO. OF UNITS, AS OF 30/06/2022
6
23
PROJECT IN PREPARATION
PROJECT UNDER CONSTRUCTION
NO. PROJECT
UNDER
CONSTRUCTION
IN
PREPARATION
1 SENTOTU 190 ---
2 GÓRKA NARODOWA 270 1 260
3 PRANDOTY --- 502
4 MALBORSKA 90 33
TOTAL CRACOW 550 1 795
1
4
3
PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: CRACOW
NO. OF UNITS, AS OF 30/06/2022
2
24
Dom Development S.A. endeavours to ensure that the information in the presentation is complete. up-to-date and accurate. However, we do
not make any guarantees in this respect. Dom Development S.A. connot accept responsibilty for the consequences of using such information.
and in particular any loss caused by reliance thereon for the purpose of investment decisions. The material contained in the presentation
originates from reliable public sources and to the best knowledge of Dom Development S.A. may be considered reliable.
For further information please contact:
Magdalena Cumanis
Investor Relations Director
tel. +48 22 351 68 49
e-mail: magdalena.cumanis@domd.pl
www.inwestor.domd.pl

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Dom Development S.A. H1 2022 results presentation

  • 1. PRESENTATION OF H1 2022 RESULTS 25 AUGUST 2022 DOM DEVELOPMENT S.A. CONSOLIDATED GROUP
  • 2. 2 H1 2022 AT DOM DEVELOPMENT GROUP • 1 559 units sold in H1 2022 with high margins, including 801 in Q2 • Launch of 21 project phases (2 304 units) confirms our effectiveness in obtaining building permits • PLN 575m cash balance as at 30 June 2022 and negative gearing (-19%) • DOM 2030 – adoption of Dom Development Group’s ESG Strategy • The Annual General Meeting adopted record high dividend from 2021 profit: PLN 10.50 per share, PLN 268m in total (paid on 16 August 2022) • Launch of Dom Development Cracow and finalisation of acquisitions of Sento Group and companies from BUMA Group
  • 3. 3 H1 2022 FINANCIAL SUMMARY REVENUE H1 2022 H1 2021 Change PLN 1 329m PLN 1 144m +PLN 185m +16% 31% GROSS MARGIN H1 2021: 33% 29% ROE 12M 12M to 06.2021: 35% -19% GEARING 30.06.2021: -6% NET PROFIT H1 2022 H1 2021 Change PLN 236m PLN 233m +PLN 3m +1% NET CASH 30.06.2022 30.06.2021 Change PLN 214m PLN 65m +PLN 149m +229%
  • 4. 4 MARKET • Rising interest rates and tightening of mortgage granting criteria since April – strong cuts in mortgage availability affecting most visibly demand in popular segment • Decrease in market sales in Q2 as compared to Q1 against QoQ increase at Dom Development Group • Surging inflation and negative real interest on deposits still encourages the investment of savings in real estate despite alternatives • Increased demand on rental market caused by refugee inflow after Russian invasion of Ukraine • Record-high proportion of cash purchases – over 70% of Group sales, supported by strong rental market • Construction costs stabilisation in Q2 following strong increases at the beginning of the year
  • 5. 5 1 032 856 1 094 758 801 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 SALES No. of units QoQ INCREASE AS COMPARED TO MARKET DOWNTURN IN SALES Net sales (units) H1 2022 H1 2021 Change YoY Warsaw 833 1 148 (27)% Tri-City 439 674 (35)% Wroclaw 176 294 (40)% Cracow* 111 - n/a Dom Development Group 1 559 2 116 (26)% * Dom Development Group entered Cracow in July 2021
  • 6. 6 Average transaction value (PLN k) H1 2022 H1 2021 Change YoY Warsaw 709 758 (6)% Tri-City 650 512 +27% Wroclaw 531 445 +19% Cracow* 573 - n/a Dom Development Group 664 638 +4% H1 2022 SALES SEGMENTATION WE ARE THE LEADER IN UPPER SEGMENT FLATS – MORE RESILIENT TO MARKET DOWNTURN Unit sale value includes price of flat with fit-out (if purchased), storage room (if purchased) and parking space (if purchased). 13% 16% 21% 15% 35% up to PLN 400k PLN 500-400k PLN 600-500k PLN 700-600k over PLN 700k Dom Development Group H1 2022 sales value segmentation * Dom Development Group entered Cracow in July 2021
  • 7. 7 UNITS AVAILABLE FOR SALE - UNDER CONSTRUCTION AND FINISHED No. of units available for sale WE ARE CAREFULLY MANAGING THE LEVEL AND STRUCTURE OF OUR OFFER; SIGNIFICANT INCREASE OF WARSAW OFFER THANKS TO SUCCESS IN OBTAINING BUILDING PERMITS Group offer by location 30.06. 2022 30.06. 2021 Change YoY Warsaw 1 160 564 +106% Tri-City 855 802 +7% Wroclaw 376 405 (7)% Cracow 266 - n/a Dom Development Group 2 657 1 771 +50% * Dom Development Group entered Cracow in July 2021 1 712 1 735 2 425 2 342 2 617 59 81 55 39 40 1 771 1 816 2 480 2 381 2 657 30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022 Finished units Units under construction
  • 8. 8 LAUNCHES IN Q2 2022 129 apartments in Mokotów - Warsaw 134 flats in the North Praga district of Warsaw 293 flats in the Bemowo district of Warsaw 60 units in Jastarnia (Hel peninsula) 92 units in Rumia 136 flats in Cracow 88 flats in Wroclaw 133 units in the Wola district of Warsaw 102 units in downtown Gdańsk
  • 9. 9 UNITS UNDER CONSTRUCTION 5 804 6 593 5 930 6 977 7 245 30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022 No. of units ALL SITES PROGRESSING ON TIME AND WITH HIGH MARGINS Units under construction 30.06. 2022 30.06. 2021 Change YoY Warsaw 3 532 2 718 +30% Tri-City 2 317 2 344 (1)% Wroclaw 846 742 +14% Cracow* 550 - n/a Dom Development Group 7 245 5 804 +25% * Dom Development Group entered Cracow in July 2021
  • 10. 10 Land Bank Owned Controlled Total Change YoY Warsaw 4 996 4 175 9 171 (5)% Tri-City 3 515 1 334 4 849 (12)% Wroclaw 1 003 1 053 2 056 +12% Cracow* 1 795 0 1 795 n/a Dom Development Group 11 309 6 562 17 871 +5% LAND BANK – OWNED AND CONTROLLED HIGH QUALITY, DIVERSIFIED LAND BANK No. of units to be developed 7 509 8 345 9 946 11 585 11 309 9 538 8 430 7 039 7 034 6 562 17 047 16 775 16 985 18 619 17 871 30/06/2021 30/09/2021 31/12/2021 31/03/2022 30/06/2022 Plots owned Plots controlled * Dom Development Group entered Cracow in July 2021
  • 11. 11 DELIVERIES STRONG H1 DELIVERIES WILL HELP US MEET ANNUAL TARGETS No. of units Deliveries in units H1 2022 H1 2021 Change YoY Warsaw 1 294 1 201 +8% Tri-City 548 277 +98% Wroclaw 236 444 (47)% Cracow* 100 - n/a Dom Development Group 2 178 1 922 +13% * Dom Development Group entered Cracow in July 2021 1 366 556 599 811 1 094 1 084 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022
  • 12. 12 0 500 1 000 1 500 2 000 2 500 3 000 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 CUMULATIVE NET SALES TO BE RECOGNIZED IN P&L (UNITS SOLD BUT NOT DELIVERED - PRESALES) PLN m Units sold but not delivered (presales): Value 30.06.2021 4 305 units PLN 2 365m 30.06.2022 4 510 units, including: PLN 2 861m • 202 finished units; • 1 774 units under construction completing in 2022 STRONG REVENUE POTENTIAL IN FORTHCOMING QUARTERS
  • 13. 13 PROFIT AND LOSS ACCOUNT WE MAINTAIN HIGH PROFITABILITY DESPITE ELEVATED CONSTRUCTION COSTS Profit and Loss Account Q2 2022 Q2 2021 Change YoY Sales Revenues 601.8 336.5 +79% Handovers (units) 1 084 556 +95% Revenue per unit (PLN’000) 555.2 605.2 (8)% Gross Profit on Sales 171.7 117.3 +46% Gross Profit Margin 28.5% 34.9% (6.4) pp Operating Profit 108.6 73.8 +47% Operating Profit Margin 18.1% 21.9% (3.8) pp Profit Before Tax 115.1 72.3 +59% Profit Before Tax Margin 19.1% 12.0% +7.1 pp Net Profit 94.0 58.0 +62% Net Profit Margin 15.6% 9.6% +6.0 pp EPS (PLN) 3.68 2.29 +61% IAS 15, PLN m H1 2022 H1 2021 Change YoY 1 328.8 1 144.4 +16% 2 178 1 922 +13% 610.1 595.4 +2% 405.5 380.1 +7% 30.5% 33.2% (2.7) pp 282.5 289.6 (2)% 21.3% 25.3% (4.0) pp 293.1 288.3 +2% 22.1% 25.2% (3.1) pp 235.8 232.5 +1% 17.7% 20.3% (2.6) pp 9.25 9.17 +1%
  • 14. 14 BALANCE SHEET OUR STRONG BALANCE SHEET OFFERS SECURITY AGAINST MARKET VOLATILITY PLN m ASSETS 30.06.2022 30.06.2021 Change Current Assets 3 906 3 171 +23% Cash 575 549 +5% Incl. escrow accounts 77 42 +86% Inventory, including: 3 156 2 433 +30% Land and phases under construction 2 952 1 972 +50% Finished units, parking places and storage cells 101 144 (30)% Fixed Assets 136 77 +77% TOTAL ASSETS 4 042 3 248 +24% EQUITY AND LIABILITIES 30.06.2022 31.03.2021 Change Equity 1 240 1 148 +8% Total Liabilities 2 802 2 100 +33% Long-term liabilities 508 569 (11)% Incl. Interest-bearing debt (bonds and loans) 311 406 (23)% Short-term liabilities, including: 2 294 1 532 +50% Deferred income 1 420 1 056 +34% Interest-bearing debt (bonds and loans) 50 78 (35)% TOTAL EQUITY AND LIABILITIES 4 042 3 248 +24% FIXED OTHER INVENTORY CASH EQUITY EQUITY LONG-TERM LIABILITIES BONDS OTHER SHORT-TERM LIABILITIES TRADE PAYABLES… BONDS DYVIDEND DEFFERED INCOME 0 200 400 600 800 1 000 1 200 1 400 1 600 1 800 2 000 2 200 2 400 2 600 2 800 3 000 3 200 3 400 3 600 3 800 4 000 ASSETS LIABILITIES PLN m
  • 15. 15 DEBT MATURITY STRUCTURE ALMOST PLN 1 BILLION OF AVAILABLE FINANCING AND WELL-SPREAD DEBT MATURITY PLN 575m CASH PLN 407m UNDRAWN CREDIT LINES 50 50 50 100 110 1 2022 2023 2024 2025 2026 Bonds Bank Loans PLN m As of 30.06.2022 r.
  • 16. 16 DOM 2030 – DOM DEVELOPMENT GROUP ESG STRATEGY STRATEGY PILLARS AND MAIN TARGETS: 30% reduction in CO2 emissions by 2030 per unit under construction, as compared to 2021, under SCOPE 1 and SCOPE 2 ‘15-minute City’ in 90% of our projects by 2030 active work towards an optimal structure of services available to residents Top class corporate governance and maximisation of compliance levels with WSE Best Practices, including a 30% gender parity in Management and Supervisory Boards
  • 17. 17 SUMMARY: H1 2022 • Significant growth potential in Cracow unlocked by our acquisition of the BUMA Group companies • Mortgage-dependent demand constrained by rising interest rates and affordability criteria • Very strong demand from cash buyers • Deliveries of 2 178 units, including 1 084 in Q2 • 31% gross margin and PLN 236m net profit • PLN 575m cash and negative gearing of -19%
  • 19. 19 COMMENCEMENT OF HANDOVERS IN Q3-Q4 2022 PROJECT / PHASE LOCATION NO. OF UNITS COMMENCEMENT OF HANDOVERS PROJECT / PHASE LOCATION NO. OF UNITS COMMENCEMENT OF HANDOVERS Q3 APARTAMENTY SŁUŻEWIEC WARSAW 37 JUL'22 IV kw. METRO ZACHÓD PHASE 3/1 WARSAW 145 OCT'22 STACJA GROCHÓW PHASE 4 WARSAW 159 AUG'22 REZYDENCJA STANISŁAWA AUGUSTA WARSAW 125 OCT'22 ZIELONY POŁUDNIK BUILDINGS 16, 17, 22, 23 TRI-CITY 90 AUG'22 OSIEDLE PRZY BŁONIACH BUILDING B2 TRI-CITY 45 OCT'22 WILNO IV PHASE 3 WARSAW 154 SEP'22 APARTAMENTY OŁTASZYN WROCLAW 158 OCT'22 ZIELONY POŁUDNIK BUILDING 15 TRI-CITY 48 SEP'22 DYNAMIKA BUILDINGS A I B TRI-CITY 90 NOV'22 METRO ZACHÓD PHASE 3/2 WARSAW 153 DEC'22 WILNO IV PHASE 5 WARSAW 158 DEC'22 DOKI BUILDING A TRI-CITY 93 DEC'22 MONTOWNIA TRI-CITY 116 DEC'22 PERSPEKTYWA PHASE 2 TRI-CITY 252 DEC'22 OSIEDLE KOMEDY PHASE 3 WROCLAW 127 DEC'22 SENTOTU PHASE 1/2 CRACOW 106 DEC'22 SENTOTU PHASE 1/3 CRACOW 84 DEC'22 PRZESTRZENIE BANACHA PHASE 2 (BUMA) CRACOW 134 DEC'22
  • 20. 20 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 METRO ZACHÓD 1 109 1 779 2 LITERACKA --- 530 3 APARTAMENTY KOŁO PARKÓW (CIOŁKA) 133 --- 4 APARTAMENTY LUDWIKI 432 --- 5 URBINO (+180) 124 180 6 APARTAMENTY SOLIPSKA 187 --- 7 OSIEDLE PRZY FORCIE (NEW) --- 125 8 OSIEDLE PRZY RYŻOWEJ (NEW) --- 161 9 DOM NA SŁUŻEWCU 108 --- 10 OSIEDLE BOKSERSKA 71 234 --- 11 APARTAMENTY BIAŁEJ KONICZYNY (PORY) 129 71 12 OSIEDLE OLIMPIJSKIE (ANTONIEWSKA) --- 1 133 13 PALLADIUM (AKACJE) --- 566 14 OSIEDLE CERAMICZNA 346 --- 15 OSIEDLE JAGIELLOŃSKA (NEW) 134 --- 16 WILNO 312 233 17 REZYDENCJA STANISŁAWA AUGUSTA 125 --- 18 STACJA GROCHÓW 159 --- 19 WAWER --- 218 TOTAL WARSAW 3 532 4 996 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 1 2 3 15 16 19 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WARSAW NO. OF UNITS, AS OF 30/06/2022 13 5 4 10 12 11 8 9 14 18 17 7 6
  • 21. 21 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 15 1 2 3 5 6 7 13 14 6 4 9 10 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: TRI-CITY NO. OF UNITS, AS OF 30/06/2022 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 PERSPEKTYWA 558 --- 2 DOKI + MONTOWNIA 654 546 3 DOLNE MIASTO --- 371 4 SYNTEZA (PIEKARNICZA) --- 536 5 DYNAMIKA 196 138 6 WIDOKI 92 124 7 ZIELONY POŁUDNIK 275 --- 8 LEMA --- 176 9 OSIEDLE BEAUFORTA 2 186 228 10 KONSTELACJA 82 560 11 GÓRA MARKOWCA --- 178 12 LOCUS 2 --- 135 13 OSIEDLE PRZY BŁONIACH 155 --- 14 OSIEDLE PRZY BŁONIACH 3 --- 523 15 WYDMA 59 --- 16 LAS 60 --- TOTAL TRI-CITY 2 317 3 515 12 8 11 16
  • 22. 22 1 2 3 4 NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 OSIEDLE CHOCIEBUSKA 11 196 --- 2 APARTAMENTY OŁTASZYN 158 --- 3 OSIEDLE KOMEDY 258 96 4 ZIELNA (+196) 146 196 5 CENTRUM --- 154 6 OSOBOWICE 88 --- 7 NOWY DWÓR --- 36 8 MIĘDZYLESKA --- 345 9 STODOLNA --- 176 TOTAL WROCLAW 846 1003 5 6 6 6 7 8 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION 9 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: WROCLAW NO. OF UNITS, AS OF 30/06/2022 6
  • 23. 23 PROJECT IN PREPARATION PROJECT UNDER CONSTRUCTION NO. PROJECT UNDER CONSTRUCTION IN PREPARATION 1 SENTOTU 190 --- 2 GÓRKA NARODOWA 270 1 260 3 PRANDOTY --- 502 4 MALBORSKA 90 33 TOTAL CRACOW 550 1 795 1 4 3 PROJECTS UNDER CONSTRUCTION AND IN PREPARATION: CRACOW NO. OF UNITS, AS OF 30/06/2022 2
  • 24. 24 Dom Development S.A. endeavours to ensure that the information in the presentation is complete. up-to-date and accurate. However, we do not make any guarantees in this respect. Dom Development S.A. connot accept responsibilty for the consequences of using such information. and in particular any loss caused by reliance thereon for the purpose of investment decisions. The material contained in the presentation originates from reliable public sources and to the best knowledge of Dom Development S.A. may be considered reliable. For further information please contact: Magdalena Cumanis Investor Relations Director tel. +48 22 351 68 49 e-mail: magdalena.cumanis@domd.pl www.inwestor.domd.pl