OPEX Ratio Alignment & Portfolio Valuation Overview
NAV STATEMENT | 1H22
GEORGIA
CAPITAL
GEL thousand unless otherwise noted
Listed and Observable Portfolio Companies
Bank of Georgia (BOG)
Water Utility
31-Dec-21
1.Value
Creation
2a.
2b. Buybacks
Investments
2c.
Dividends
3.Operating
Expenses
4. Liquidity
Management/ FX /
Other
30-Jun-22
Change %
681,186
Total Listed and Observable Portfolio Value
681,186
Listed and Observable Portfolio value change %
(202,669)
13,608
(189,061)
-27.8%
(22,798)
455,719
-33.1%
139,392
139,392
20.5%
153,000
0.0%
0.0%
(22,798)
-3.3%
608,719
-10.6%
0.0%
0.0%
-10.6%
Private Portfolio Companies
Large portfolio companies
2,249,260
(156,554)
(696,960)
(7,374)
821
1,389,193
-38.2%
Retail (pharmacy)
Hospitals
Water Utility
Insurance (P&C and Medical)
Of which, P&C Insurance
Of which, Medical Insurance
Investment stage companies
Renewable Energy
710,385
573,815
(39,358)
(95,769)
671,027
-5.5%
478,046
-16.7%
696,960
(696,960)
-100.0%
268,100
(21,427)
(7,374)
821
240,120
-10.4%
211,505
(5,142)
(7,374)
821
199,810
-5.5%
56,595
(16,285)
40,310
-28.8%
461,140
(14,970)
1,559
(4,249)
487
443,967
-3.7%
173,288
2,247
395
(4,249)
487
172,168
-0.6%
Education
129,848
20,741
1,164
151,753
16.9%
Clinics and diagnostics
158,004
(37,958)
120,046
-24.0%
Others
224,645
(104,681)
Private Portfolio Value
2,935,045
Private Portfolio value change %
Total Portfolio Value
3,616,231
(276,205)
-9.4%
(465,266)
Total Portfolio value change %
-12.9%
Net Debt
(711,074)
of which, Cash and liquid funds
272,317
of which, Loans issued
154,214
142,597
(552,804)
-18.8%
(413,412)
-11.4%
419,419
555,996
(136,577)
973
263,534
17.3%
(11,623)
2,281
2,096,694
-28.6%
0.0%
0.0%
(53,540)
-0.4%
(34,421)
-1.0%
34,421
0.0%
0.1%
-28.6%
2,281
2,705,413
-25.2%
0.0%
(53,540)
11,623
(10,951)
(10,951)
0.1%
(44,189)
(112,078)
-25.2%
(365,914)
-48.5%
663,367
143.6%
7,737
25,374
-83.5%
of which, Accrued dividend income
22,798
22,798
0.0%
of which, Gross Debt
(1,137,605)
60,152
Net other assets/ (liabilities)
(21,535)
(6,007)
(8,749)
29,353
(1,077,453)
(6,938)
-5.3%
-67.8%
Share based compensation
(8,749)
8,749
0.0%
Net Asset Value
NAV change %
Shares outstanding
Net Asset Value per share
2,883,622
(465,266)
-16.1%
0.0%
45,752,362
63.03
(53,540)
-1.9%
(2,166,578)
(19,700)
0.0%
-0.7%
(12,555)
-0.4%
663,963
(10.17)
(0.00)
1.90
(0.00)
(0.43)
(1.61)
-16.1%
0.0%
3.0%
0.0%
-0.7%
-2.5%
2,332,561
-19.1%
44,249,747
52.71
-16.4%
-19.1%
-3.3%
-16.4%
NAV per share change %
Georgia Capital PLC | 1. Number of shares owned in BoG was 9,784,716 as of 30 June 2022.
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