Georgia Capital PLC Investment Overview
Reconciliation of management accounts to IFRS
Income statement reconciliation, 1H19
GEORGIA
CAPITAL
Gel thousands, unless otherwise noted
GHG
BOG
Water
Utility
Housing
Development
P&C
Insurance
Renewable
Energy
Hospitality &
Commercial
Real Estate
Beverages
Auto
Service
Digital
Services
Corporate
Centre
Eliminations/
Consolidations
Group
Total
141,081
75,804
28,689
12,109
30,885
7,087
(1,663)
15,662
Total investment return
Net foreign currency loss/gain
Net Income (Management accounts)
141,081
75,804
28,689
12,109
30,885
7,087
(1,663)
15,662
Difference between Shareholder return* and
IFRS profit of portfolio companies
(132,022)
(75,804) (26,725)
(19,957)
(22,577)
(680)
(1,179)
(19,224)
(18,983)
42
Profit attributable to non-controlling
shareholders
16,060
(366)
(28)
(3,877)
15
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 gain on intragroup sale of assets
Other
Profit for the period (IFRS Consolidated)
25,119
*Calculated based on fair value estimates.
** Hotels are accounted at cost method for IFRS group consolidated purposes.
1,964
(7,848)
8,308
(1,046)
5,880
(24,764)
(3,321)
21,597
331,251
(25,625)
(25,625)
(4,028)
305,626
(317,109)
11,804
(11,981)
(11,981)
(8,376)
(8,376)
(4,286)
(4,286)
(2,956)
(2,956)
(1,924)
(1,924)
57
44
(4,028)
(29,523)
(29,202)
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