Georgia Capital PLC Investment Overview
Reconciliation of management accounts to IFRS
Balance sheet reconciliation, 30 June 2019
GEORGIA
CAPITAL
Gel thousands, unless otherwise noted
GHG
BOG
Water
Housing
P&C Renewable
Utility Development Insurance Energy
Hospitality &
Commercial Beverages
Real Estate
Auto
Service
Digital services
Other
Corporate Eliminations/
Centre Consolidations
Group
Total
Management accounts:
661,413
533,299 459,706
60,858 161,409
62,737
182,431
69,733
24,363
8,790 12,784
(299,158)
1,938,365
Difference between Fair Value and Book value of portfolio
companies
(361,366)
- (184,821)
(26,922) (105,348)
3,531
1,771
(7,592)
(22,975)
(3,977)
(707,700)
(533,299)
Transfer of Market value of 19.9% in BoG to Corporate Center
Reversal of hotels' revaluation gains for group consolidation
purposes*
Reversal of irrevocable instructions on buyback programme
GHG Hospitals and clinics accounted at cost for GCAP
consolidation purposes
M² long-term share based Compensation adjustment for
consolidation purposes
Goodwill recognised at Corporate centre
Other
533,299
(35,437) (35,437)
(14,396) (14,396)
(9,199)
(9,199)
Total equity attributable to shareholders of Georgia Capital
(IFRS)
300,047
274,885
33,936
56,061
66,268
184,202
62,141
1,388
4,813
12,784
234,143
*Hotels are accounted at cost method for IFRS group consolidated purposes.
(4,499)
(4,499)
13,653
13,653
2
(3,658)
(3,656)
(53,536) 1,177,132
Page 69View entire presentation