Georgia Capital Financial Highlights
Reconciliation of management accounts to IFRS
GEORGIA
CAPITAL
Income statements reconciliation, FY19
GEL '000, unless otherwise noted
GHG
BOG
Water
Utility
Housing
P&C
Development Insurance
Renewable
Energy
Hospitality and
Commercial RE
Beverages Auto Service
Digital
Services
Other
Corporate
Center
Inter-
Business
Eliminations/
Consolidations
Group
Total
Total investment return
(203,109) 140,240
52,953
(23,630)
34,399
9,918
(15,017)
17,056
(659)
81,349
93,500
Net foreign currency loss/ non-recurring expenses
(21,949)
(21,948)
Net Income (Investment Basis)
(203,109)
Difference between Shareholder return and IFRS
profit of portfolio companies
226,430
140,240
(140,240) (17,483)
52,953
(23,630)
6,834
34,399
9,918
(15,017)
17,056
(659)
59,400
71,551
(16,119)
2,796
5,932
(10,884)
(23,625)
264
2,558
36,463
Profit attributable to non-controlling shareholders 38,229
833
(28)
(4,782)
(160)
125
787
35,004
Gain on change in Investment entity status
Reversal of intragroup dividend income
Reversal of Hotel revaluation gains for Group
consolidation purposes
Reversal of Fair valuation of Debt securities
measured at FVOCI
Reversal of gains on intragroup sale of assets
Other
Profit for the period (IFRS Consolidated)
588,830
588,830
(97,268)
(97,268)
(16,517)
(16,517)
(6,231)
(6,231)
(3,425)
(3,425)
(4,141)
(4,141)
61,550
35,470
(16,796)
18,280
3,629
15,822
(30,683)
(6,729)
389
2,686
648,230
(127,582)
604,266
Balance sheet reconciliation, 31 December 2019
GEL '000, unless otherwise noted
GHG
BOG
Water
Utility
Housing
P&C
Development Insurance Energy
Renewable
Hospitality and
Commercial RE
Beverages Auto Service
Digital
Services
Other
Corporate
Center
Inter-
Business
Eliminations/
Consolidations
Group
Total
Fair Value FS
430,079
597,735
483,970
43,853
164,923 106,800
245,558
87,119
25,757
8,790
58,499
(499,215)
1,753,868
Other
Transfer of Market value of 19.9% in BoG to
Corporate Center
Total equity attributable to shareholders of
Georgia Capital (IFRS)
(597,735)
597,735
(1,847)
(1,847)
430,079
483,970
43,853
164,923
106,800
245,558
87,119
25,757
8,790
58,499
98,520
(1,847)
1,752,021
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