Investor Presentation 3Q23
GB Capital Income Statement (Before Elimination)
(EGP million)
Revenue
Interest Income
3Q22
2Q23
3Q23
Q-o-Q
Y-o-Y
9M22
9M23
Y-o-Y
688.1
780.7
741.7
-5.0%
7.8%
1,867.0
2,274.3
21.8%
371.1
386.0
463.9
20.2%
25.0%
923.2
1,120.9
21.4%
Total Revenues
1,059.2
1,166.8
1,205.7
3.3%
13.8%
2,790.3
3,395.2
21.7%
Cost of Sales
(640.8)
(698.5)
(659.5)
-5.6%
2.9%
(1,760.1)
(2,040.3)
15.9%
Cost of Funds
(193.4)
(249.2)
(321.2)
28.9%
66.1%
(473.6)
(735.6)
55.3%
Total Cost of Revenues
(834.2)
(947.7)
(980.7)
3.5%
17.6%
(2,233.7)
(2,775.9)
24.3%
Gross Profit
225.0
219.1
224.9
2.7%
556.5
619.3
11.3%
SG&A
(124.1)
(196.5)
(149.8)
-23.8%
20.7%
(373.4)
(504.6)
35.1%
Provisions
(14.7)
(28.5)
(35.7)
25.3%
(55.2)
(101.3)
83.5%
Operating Profit
86.3
(5.9)
39.4
-54.3%
127.9
13.3
-89.6%
Other Income
1.9
53.9
4.7
-91.2%
3.9
65.0
Income from associates*
176.9
260.4
172.5
-33.8%
-2.5%
572.5
655.1
14.4%
EBIT
265.1
308.4
216.6
-29.7%
-18.3%
704.2
733.3
4.1%
Other Interest & Similar Income
(2.5)
11.1
16.2
45.8%
(0.9)
32.5
FOREX
6.1
(9.5)
(3.6)
-62.4%
5.5
(14.4)
EBT
268.8
310.0
229.3
-26.0%
-14.7%
708.8
751.4
6.0%
Income Tax
(35.8)
(36.3)
(27.4)
-24.5%
-23.4%
(77.0)
(78.2)
1.5%
Profit After Tax & Before NCI
232.9
273.7
201.9
-26.2%
-13.3%
631.8
673.2
6.6%
NCI**
(20.7)
(13.0)
-37.0%
(0.2)
(42.0)
Net Profit After Tax & NCI
232.9
253.0
188.8
-25.4%
-18.9%
631.6
631.2
Breakdown of Revenue By
Company
GB Lease
210.3
220.8
252.8
14.5%
20.3%
485.9
602.7
24.0%
Drive
806.9
892.6
891.7
10.5%
2,192.4
2,631.7
20.0%
GB Auto Rental
42.1
52.6
57.9
10.1%
37.5%
111.7
156.5
40.2%
Capital Securitization
0.4
0.4
-4.3%
0.3
1.1.
Kredit
0.3
3.0
2.9
Total
1,059.2
1,166.8
1,205.7
3.3%
13.8%
2,790.3
3,395.2
21.7%
*Includes MNT-Halan, Bedaya and Kaf
**Includes 45% of GB Lease
GB Corp | Investor Presentation 3Q23
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