Investor Presentaiton
NAV STATEMENT | 4Q20
GEL thousands unless otherwise noted
30-Sep-20
1.Value
Creation
2a.
Investments
2b. Buybacks
2c. Dividends
3.Operating
Expenses
4. Liquidity
Management/ FX / Other
31-Dec-20
Change %
Share in total
portfolio (%)
Listed Portfolio Companies
Bank of Georgia (BOG)¹
360,100
Total Listed Portfolio Value
360,100
Listed Portfolio value change %
171,458
171,458
47.6%
531,558
47.6%
18.3%
531,558
47.6%
18.3%
0.0%
0.0%
0.0%
0.0%
0.0%
47.6%
Private Portfolio Companies
Large Portfolio Companies
(14,972)
1,545,818
327,170
221
1,858,237
20.2%
63.9%
Healthcare Services
Retail (Pharmacy)
Water Utility
Insurance (P&C and Medical)
Of which, P&C Insurance
473,500
98,156
571,656
20.7%
19.7%
475,000
77,745
552,745
16.4%
19.0%
412,313
68,614
185,005
82,655
140,505
62,273
(10,000)
(4,972)
(4,972)
221
471,148
14.3%
16.2%
262,688
42.0%
9.0%
197,806
40.8%
6.8%
Of which, Medical Insurance
44,500
20,382
64,882
45.8%
2.2%
Investment Stage Portfolio Companies
282,175
20,481
88
220
302,964
7.4%
10.4%
Renewable energy
201,497
8,185
220
209,902
4.2%
7.2%
Education
80,678
12,296
88
93,062
15.3%
3.2%
Other Portfolio Companies
223,178
(8,980)
290
441
214,929
-3.7%
7.4%
Total Private Portfolio Value
2,051,171
338,671
378
(14,972)
882
2,376,130
15.8%
81.7%
Private Portfolio value change %
16.5%
0.0%
0.0%
-0.7%
0.0%
0.0%
15.8%
Total Portfolio Value (1)
2,411,271
510,129
378
(14,972)
Total Portfolio value change %
21.2%
0.0%
0.0%
-0.6%
0.0%
882
0.0%
2,907,688
20.6%
20.6%
100.0%
Net Debt (2)
(677,865)
(378)
of which, Cash and liquid funds
163,733
(378)
14,972
14,972
(5,902)
(28,826)
(697,999)
3.0%
(5,902)
of which, Loans issued
103,373
2,864
5,610
175,289
7.1%
108,983
5.4%
of which, Gross Debt
(944,971)
(37,300)
(982,271)
3.9%
Net other assets/ (liabilities) (3)
(1,240)
Of which, share-based compensation
(3,207)
(3,207)
7,050
2,603
NMF
3,207
0.0%
Net Asset Value (1)+(2)+(3)
1,732,166
NAV change %
510,129
29.5%
(9,109)
0.0%
0.0%
0.0%
-0.5%
(20,894)
-1.2%
2,212,292
27.7%
27.7%
Shares outstanding
45,772,547
Net Asset Value per share, GEL
37.84
11.15
0.00
0.00
0.00
(0.20)
NAV per share, GEL change %
29.5%
0.0%
0.0%
0.0%
-0.5%
204,700
(0.68)
-1.8%
45,977,247
48.12
27.2%
0.4%
27.2%
Georgia Capital PLC | 1) Number of shares owned in BoG was 9,784,716 as of 31 December 2020.
GEORGIA
CAPITAL
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