Georgia Capital Financial Highlights
Liquidity management at Georgia Capital
GEL 493 million
Net debt | 31-Dec-2019
► Georgia Capital issued inaugural US$ 300mln international corporate bonds in March 2018
Net debt overview | 31-Dec-2019
364
152
Liquid assets & Loans issued | 31-Dec-2019
GEL 364
million
212
Loans issued (42%)
Cash & liquid funds (58%)
GEORGIA
CAPITAL
GEL millions
212
Cash and liquid funds
152
Loans issued
857
493
Gross debt
Liquid assets & Loans
issued
Net debt
GEL millions
GEL millions
Portfolio over
net debt
4.6x
Listed assets
over net debt
2.1x
LTV Ratio below its
30% target
28%*
* Net debt divided by portfolio value. Loans to portfolio companies are included in portfolio value instead of net debt.
212
Cumulative maturity gap
47
105
364
Cash
Up to 6 months
Up to 1 year
Total liquidity
31 December 2019
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