ESR(01821) - 2022 - 年度财报

Financial Performance - The company's revenue for the fiscal year 2022 was $821 million, a 103.0$404 million in fiscal year 2021[70]. - EBITDA rose from $707 million in fiscal year 2021 to$1.15 billion in fiscal year 2022, representing a 63.0% increase[70]. - PATMI increased by 73.5%, from $377 million in fiscal year 2021 to$655 million in fiscal year 2022[70]. - The company reported an adjusted PATMI of $655 million and an adjusted EBITDA of$1.152 billion for the fiscal year 2022[105]. - The company maintained a strong balance sheet with $1.8 billion in cash and a solid debt-to-asset ratio of 22.8$1.8 billion and a net debt of $3.69 billion, with a net debt to total assets ratio of 22.8$156 billion, with a strong liquidity position of $1.8 billion[20]. - ESR Group has a total assets under management (AUM) of over$156 billion, making it the largest real estate management company in the Asia-Pacific region[33]. - The total assets under management reached $156 billion, covering major Asia-Pacific markets and expanding into Europe and the United States[62]. - ESR's assets under management in Greater China amount to$33 billion, while Japan's AUM stands at $34 billion[34]. - Total assets under management reached$156 billion, with new economy assets at $73 billion[137]. Development Projects - The company initiated record new development projects with a total value of$6.5 billion[23]. - The company announced a record development project scale of $11.9 billion, the largest in the Asia-Pacific region[77]. - Development project starts increased by 94$6.5 billion, while project completions surged by 304% to $5.5 billion[77]. - The company has a robust development project reserve of 27.8 million square meters, including a land reserve of over 6.4 million square meters[185]. - The company’s ongoing development projects are the largest in the Asia-Pacific region, with a total of$11.9 billion in value[185]. Sustainability and ESG Initiatives - The company is committed to sustainable development practices, having signed the UN-supported Principles for Responsible Investment (UN PRI) in June 2022[29]. - The company has raised approximately $3 billion in sustainability performance-linked loans to date[30]. - As of December 2022, ESR managed completed properties with a total area of approximately 11 million square meters that have received sustainability building certifications[30]. - The company aims to achieve sustainable building certification for 50$7.6 billion in committed capital through 28 new or expanded funds[76]. - The group raised a record $7.6 billion in capital during the fiscal year 2022, with 85$19.9 billion in uncalled capital available for investment opportunities[172]. Integration and Synergies - A total of $1.5 million in cost synergies was achieved through the integration of ARA[26]. - The company achieved approximately$15 million in cost synergies from the integration of ARA, exceeding initial targets, and plans to further integrate LOGOS business within the next 12 months[83]. - The company successfully integrated ARA Asset Management and LOGOS, demonstrating resilience and scale in its business foundation[200]. Governance and Diversity - The company’s independent non-executive directors are now 60% female, reflecting its commitment to diversity in governance[85]. - The company has increased the proportion of women in senior management positions to 40% to create a more inclusive workplace[98]. Future Outlook - The company is well-positioned to capitalize on market opportunities despite geopolitical uncertainties and inflation, supported by a strong balance sheet[86]. - The company plans to construct five data center projects in the Asia-Pacific region in 2023, including locations in Osaka and Seoul[136]. - The company anticipates the completion of major projects in the short term, including facilities in Japan and South Korea[183].