Georgia Capital - Financial Overview and Investment Opportunities
Successful track record of delivering strong results
Value creation across our late stage private portfolio and listed assets
Private late stage
Listed
Bank of
Georgia
Dividend CAGR 39.3%
Dividend per share CAGR (2010-2017)
20%+ ROAE in 2014-2017
Outstanding ROAE performance
Net Loan book CAGR 21.4%
2013-2017
GHG
GEORGIA
CAPITAL
EBITDA almost tripled in 2014-2017
EBITDA almost tripled from GEL 37 million in 2014 to GEL 108 million in 2017
Created market leading healthcare services provider,
with an integrated, synergistic business model
➤ Number of beds up 55% (2014-1H18)
➤ coverage of over 3/4 of Georgia's 3.7 million population with 37 high
quality hospitals, 17 district polyclinics, 24 express outpatient clinics, and
259 pharmacies
Water
utility
EBITDA up 55%
since acquisition in 2014 (2014-2018E)
Efficiency gains
22% decrease in electricity own
consumption (2014 - 2018E)
Growing dividend capacity
GEL 28 million paid in 2017 with
expected CAGR of 5% through 2022
Housing
GEL 82 million capital
was generated, fully reallocated
to hospitality & commercial real
estate business
development 75% IRR
from real estate projects
1,691 apartments
completed
99% sold with 145mln US$ sales
value
Net profit more than
doubled
in 2014-2017
P&C
insurance 35%+ ROAE
in 2015-2018E
Growing dividend capacity
GEL 7 million paid in 2016-2017 and
GEL 10 million paid in 2018 with
expected CAGR of 26% through 2022
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