Investor Presentaiton slide image

Investor Presentaiton

Balance Sheet Highlights Debt (1)(2)(3)/Operating EBITDA (4) (x) Total Assets & Total Equity (6) (VNDbn) Breakdown of Total Assets (%) Source: Note: 8.9% 8.7% 8.1% 8.0% 3.3x 3.1x 3.0x 2.8x 2.6x 2.3x 2.2x 2.6x Total assets CAGR: 25.7% 267,381 2018 2019 2020 1Q2021 Total Debt/Operating EBITDA Net Debt/Operating EBITDA 2018 Average borrowing cost (5) 401,156 422,504 419,833 135,853 139,774 118,443 85,591 2019 2020 1Q2021 Total assets ■Total equity 25% 30% VND419.8tn 14% 13% 13% 5% ■Property sale ■Industrials (Mobility & Smart devices) Hospitality & entertainment Leasing Healthcare & education ■Others (7) Audited VAS Consolidated Financial Statements for 2018-2020, Unaudited VAS Consolidated Financial Statements for 1Q2020 and 1Q2021. (1) Total debt is equal to interest-bearing loans and borrowing, numbers for FY2018-2020 excluded retail segment. (2) Net debt is equal to total debt, less cash and cash equivalents and short-term investments, 2018-2020 figures excluded retail segment. (3) Short-term investments exclude share option. (4) On a LTM basis for recurring revenue, operating EBITDA and interest expense, 2018-2020 are pro-forma figures, excluding retail and agriculture segments. Operating EBITDA is EBITDA adjusted for non-recurring items (5) Inclusive of hedging expenses. (6) Numbers for FY2018-2020 are pro-forma, excluding retail and agriculture segments (7) Others refers to technology and others. Assets managed on a Group basis refers to assets such as long term investment, deposits for transfer investment and financial obligation guarantee, among others. 55
View entire presentation