Investor Presentaiton
Georgia Capital - 1Q18 results highlights
Consolidated Income Statement
Quarterly income statement
GEL thousands, unless otherwise noted
Gross utility and energy profit
Gross insurance profit
Gross real estate profit
Gross beverage profit
Other income
Gross profit
Operating expenses
Impairment charge
EBITDA
change
change
1Q18
1Q17
4Q17
y-o-y
q-o-q
20,850
17,527
19.0%
22,869
(8.8%)
6,852
6,890
(0.6%)
6,305
8.7%
3,937
2,589
52.1%
5,773
(31.8%)
4,471
2,317
93.0%
7,109
(37.1%)
1,672
1,528
9.4%
2,502
(33.2%)
37,782
30,851
22.5%
44,558
(15.2%)
(21,510)
(13,891)
54.8%
(22,675)
(5.1%)
(2,005)
(104)
NMF
(618)
NMF
14,267
16,856
(15.4%)
21,265
(32.9%)
Depreciation and amortisation
(8,972)
(5,598)
60.3%
(9,056)
(0.9%)
Net foreign currency gain (loss)
5,878
5,771
1.9%
(5,797)
NMF
Interest income
3,934
2,532
55.4%
4,088
(3.8%)
Interest expense
(9,524)
(6,770)
40.7%
(8,969)
6.2%
Profit before non-recurring items and income tax
5,583
12,791
(56.4%)
1,531
264.7%
Net non-recurring items
(156)
113
NMF
(460)
(66.1%)
Profit before income tax expense
5,427
12,904
(57.9%)
1,071
406.7%
Income tax expense
(693)
(687)
0.9%
(1,666)
(58.4%)
Profit (loss) from continuing operations
4,734
12,217
(61.3%)
(595)
NMF
Profit from discontinued operations¹
24,641
12,829
92.1%
12,270
100.8%
Profit
Earnings per share (basic)
Earnings per share (diluted)
29,375
0.46
0.44
25,046
17.3%
11,675
151.6%
0.47
(2.5%)
0.19
141.5%
0.45
(2.3%)
0.18
145.7%
(1) Profit from discontinued operations includes GEL 7.7min reversal of GHG's depreciation expense in line with IFRS requirements, GHG's underlying profit was GEL 16mln
GEORGIA
CAPITAL
Page 7View entire presentation