Investor Presentaiton

Wine business TELIANI VALLEY CASH FLOW STATEMENT OF CASH FLOW GEL thousands; unless otherwise noted Cash received from customers Cash paid to suppliers Cash paid to employees Cash paid for operating expenses Interest received Taxes paid CAGR 1H20 19,604 30,142 (5,003) (10,908) 1H21 Change 53.8% NMF FY18 FY19 FY20 '18-20 (3,591) (4,482) 24.8% 32,515 (18,161) (3,769) 46,073 (21,051) (19,561) 52,199 26.7% 3.8% (6,522) (8,789) 52.7% (4,553) (4,613) 1.3% (7,495) (11,431) (9,377) 11.9% NMF 127 NMF (1,984) (1,790) -9.8% (3,119) (4,314) (3,005) 1.8% Net cash flows from operating activities 4,473 8,349 86.7% 98 2,755 11,467 NMF Acquisition of subsidiaries NMF (21,674) (32,918) NMF Purchase of Property, Plant and Equipment (1,036) (5,597) NMF (641) (6,278) (3,839) NMF Proceeds from sales of Property, Plant and Equipment 534 NMF NMF Loans Issued NMF (467) NMF Cash inflow from restricted cash account NMF 4,432 NMF Net cash flows from used in investing activities (1,036) (5,063) NMF (18,350) (39,196) (3,839) -54.3% Proceeds from borrowings 612 3,685 NMF 40,089 52,845 4,410 -66.8% Repayments of borrowings (3,024) (3,937) 30.2% (15,803) (36,320) (5,993) 38.4% Interest paid (1,626) (1,826) 12.3% (1,470) (2,735) (3,265) 49.0% Capital increase NMF 432 19,643 NMF Cash paid for lease liabilities (367) (368) 0.3% (356) (501) NMF Net cash flows from financing activities (4,405) Effect of exchange rates changes on cash and cash equivalents 388 (2,446) (337) -44.5% 23,248 33,077 (5,349) NMF NMF (101) 214 677 NMF Total cash inflow/(outflow) (580) 503 NMF 4,895 (3,150) 2,956 -22.3% Cash and cash equivalents, beginning 5,230 8,186 56.5% 3,485 8,380 5,230 22.5% Cash and cash equivalents, ending 4,650 8,689 86.9% 8,380 5,230 8,186 -1.2% GEORGIA CAPITAL 93

View entire presentation