1H23 Results
1H23 RESULTS | 23 FEBRUARY 2023
OMNI
BRIDGEWAY
Provisional attribution from estimated future completions1
$1.2bn of IEV and fees provisionally attributed to OBL is based on the realisation of the current unconditionally funded portfolio and utilising past
performance of 15% EPV conversion and management fees - refer to slide 19 for additional assumptions.
At 31-Dec-2022
$m
Total EPV
Balance sheet
Fund 1
Funds 2&3
Fund 42
Fund 52,3
Fund 64
Fund 8
Total IEV
Possible completion period (PCP)
Sensitivity analysis
EPV conversion rate to IEV
15% EPV conversion rate
Excl.
material
6 months to
30-Jun-23
impaired
FY24
2,163
8,037
FY25
5,838
FY26+
TOTAL
9,070
25,108
10%
25,108
20%
25,108
investments
PCP delay of
12 months
23,537
25,108
IEV at 15% EPV conversion rate
5
16
23
0
44
29
58
39
44
97
73
21
10
201
134
268
201
201
133
161
78
128
500
334
667
500
500
29
468
269
585
1,351
901
1,801
1,120
1,351
38
348
379
320
1,085
723
1,447
1,085
1,085
21
140
105
317
583
389
778
583
583
0
1
1
0
2
2
2
2
2
323
1,207
876
1,360
3,766
2,512
5,021
3,530
3,766
IEV provisional distribution attributable to OBL
104
406
Management fees to OBL5
5
10
256
20
360
25
1,126
60
722
60
1,571
1,071
1,116
60
60
60
Performance fees to OBL
Total to OBL
IEV provisional distribution attributable to NCI
109
219
416
Not included in analysis
276
Not included in analysis
801
620
385
1,000
1,186
782
1,631
1,131
2,640
1,790
3,450
2,459
1,176
2,650
1. Refer to the Notes on slide 19 which accompany this slide and the Glossary at https://omnibridgeway.com/investors/omni-bridgeway-glossary which includes key concepts. Both the Notes and the Glossary should be read in conjunction with this presentation.
2. Excluding performance fee entitlement.
3. Fund 5 is not consolidated within OBL's Consolidated Financial Statements. Here, Fund 5 is presented at 100%.
4. Utilises NCI's historic share of proceeds, being a blend of A, B, C investment specific waterfalls.
5. Sensitivity scenarios have not been applied to management fees.
Highlights
Financial results
Portfolio performance
Strategy
Annexure
10View entire presentation