OPEX Ratio Alignment & Portfolio Valuation Overview
NAV STATEMENT | 2Q22
GEORGIA
CAPITAL
GEL thousand unless otherwise noted
31-Mar-22
1.Value
Creation
2a.
Investments
2b. Buybacks
2c.
Dividends
3.Operating
Expenses
4. Liquidity
Management/ FX /
Other
30-Jun-22
Change %
Listed and Observable Portfolio Companies
Bank of Georgia (BOG)
473,479
5,038
(22,798)
455,719
-3.8%
Water Utility
139,392
13,608
153,000
9.8%
Total Listed and Observable Portfolio Value
612,871
18,646
Listed and Observable Portfolio value change %
3.0%
0.0%
0.0%
(22,798)
-3.7%
608,719
-0.7%
0.0%
0.0%
-0.7%
Private Portfolio Companies
Large portfolio companies
1,410,482
(14,022)
(7,374)
107
1,389,193
-1.5%
Retail (pharmacy)
Hospitals
Insurance (P&C and Medical)
Of which, P&C Insurance
Of which, Medical Insurance
Investment stage companies
Renewable Energy
Education
Clinics and diagnostics
657,079
13,948
671,027
2.1%
524,296
(46,250)
478,046
-8.8%
229,107
18,280
184,629
22,448
44,478
(4,168)
447,247
(1,482)
163,862
10,104
(7,374)
(7,374)
(2,054)
(2,054)
107
240,120
4.8%
107
199,810
8.2%
40,310
-9.4%
256
443,967
-0.7%
256
172,168
5.1%
135,368
16,385
151,753
12.1%
148,017
(27,971)
120,046
-18.9%
Others
138,026
(17,588)
142,584
512
263,534
90.9%
Private Portfolio Value
1,995,755
(33,092)
Private Portfolio value change %
-1.7%
Total Portfolio Value
2,608,626
(14,446)
Total Portfolio value change %
-0.6%
Net Debt
(239,385)
142,584
7.1%
142,584
5.5%
(136,577)
(9,428)
875
2,096,694
5.1%
0.0%
of which, Cash and liquid funds
718,525
0.0%
(27,488)
(27,488)
-0.5%
(32,226)
-1.2%
0.0%
0.0%
5.1%
0.0%
875
0.0%
2,705,413
3.7%
3.7%
32,226
(5,734)
11,044
(365,914)
52.9%
9,428
(5,734)
(31,364)
663,367
-7.7%
of which, Loans issued
164,049
(136,577)
(2,098)
25,374
-84.5%
of which, Accrued dividend income
22,798
22,798
0.0%
of which, Gross Debt
(1,121,959)
44,506
(1,077,453)
-4.0%
Net other assets/ (liabilities)
1,806
(6,007)
(4,661)
Share based compensation
Net Asset Value
NAV change %
Shares outstanding
Net Asset Value per share
NAV per share change %
(4,661)
1,924
4,661
(6,938)
NMF
0.0%
2,371,047
(14,446)
-0.6%
0.0%
45,063,039
52.62
(27,488)
-1.2%
(1,174,323)
(10,395)
13,843
2,332,561
-1.6%
0.0%
-0.4%
0.6%
-1.6%
361,031
44,249,747
-1.8%
(0.32)
(0.00)
0.78
(0.00)
(0.23)
(0.12)
52.71
0.2%
-0.6%
0.0%
1.5%
0.0%
-0.4%
-0.2%
0.2%
Georgia Capital PLC | 1. Number of shares owned in BoG was 9,784,716 as of 30 June 2022.
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