1Q23 Performance Overview slide image

1Q23 Performance Overview

HOSPITALS BUSINESS OPERATING PERFORMANCE OVERVIEW REVENUE DEVELOPMENT +4.2% HOSPITALS KEY DRIVERS 1Q23 performance of the business reflects: the temporary closure of lashvili Hospital due to the mandatory renovation works (the works commenced in October 2022 and were completed in March 2023), the absence of revenues from the Traumatology Hospital, which was divested in April 2022, the suspension of COVID contracts by the Government in mid-March 2022. Adjusted for the temporary closure of lashvili Hospital and the absence of revenues from the Traumatology Hospital, the 1Q23 revenue was up by 3.0% y-o-y, while the 1Q23 EBITDA was up by 13.1% y-o-y. GEL MILLION 71 1Q21 KEY OPERATING HIGHLIGHTS Number of admissions ('000) Georgia Capital PLC | 1. Excluding IFRS 16. 2. Annualised numbers. 314.7 Revenue per bed2 120.9 Bed occupancy rate (%) 61.9% 77 -4.4% 74 1Q22 1Q23 EBITDA¹ DEVELOPMENT -27.7% -9.7% 19 15 14 1Q21 1Q22 1Q23 1Q22 VS. ■ 1Q23 262.4 Change y-o-y -16.6% 117.8 -2.6% 53.9% -8.0ppts GEORGIA CAPITAL 56 56
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