Investor Presentation | Second Quarter 2022
GB Capital Income Statement (Before Elimination)
(LE million)
Revenue
Interest Income
2Q21
1Q22
2Q22
Q-o-Q
Y-o-Y
1H21
1H22
Y-o-Y
1,000.6
862.7
1,225.3
42.0%
22.5%
1,940.9
2,088.0
7.6%
853.5
1,124.1
1,132.3
0.7%
32.7%
1,637.1
2,256.3
37.8%
Total Revenues
Cost of Sales
1,854.1
1,986.7
2,357.6
18.7%
27.2%
3,578.0
4,344.4
21.4%
(923.8)
(755.2)
(718.7)
-4.8%
-22.2%
(1,786.7)
(1,473.9)
-17.5%
Cost of Funds
(257.5)
(299.3)
(396.3)
32.4%
53.9%
(497.5)
(695.6)
39.8%
Total Cost of Revenues
(1,181.3)
(1,054.5)
(1,115.0)
5.7%
-5.6%
(2,284.1)
(2,169.5)
-5.0%
Gross Profit
672.8
932.2
1,242.7
33.3%
84.7%
1,293.9
2,174.9
68.1%
SG&A
(366.2)
(531.7)
(601.3)
13.1%
64.2%
(703.6)
(1,133.0)
61.0%
Provisions
(31.8)
(37.9)
0.5
(84.2)
(37.4)
-55.6%
Operating Profit
274.8
362.6
641.9
77.0%
506.1
1,004.5
98.5%
Other Income
11.8
7.8
23.9
24.1
31.7
31.3%
Investment (Losses) / Gains
(27.3)
(3.2)
-88.2%
(1.3)
(30.5)
EBIT
286.6
343.1
662.6
93.1%
528.9
1,005.7
90.1%
Other Interest & Similar Income
5.4
FOREX
(2.7)
17.6
(12.9)
(15.4)
8.2
2.2
-73.6%
EBT
289.3
347.8
1.4
648.6
(11.5)
86.5%
537.1
996.3
85.5%
Income Tax
(83.4)
(119.6)
(160.5)
34.2%
92.5%
(153.6)
(280.1)
82.4%
Profit After Tax & Before NCI
206.0
228.2
488.1
383.5
716.2
86.7%
NCI
(62.4)
(106.2)
(211.2)
98.8%
(119.0)
(317.5)
Net Profit After Tax & NCI
143.6
121.9
276.9
92.8%
264.5
398.8
50.8%
Breakdown of Revenue By
Company
GB Capital
GB Lease
11.5
28.2
143.2
123.6
152.1
23.1%
6.2%
274.0
275.7
0.6%
Drive
751.3
689.7
695.8
0.9%
-7.4%
1,434.7
1,385.5
-3.4%
MNT-Halan
918.2
1,139.8
1,473.5
29.3%
60.5%
1,781.1
2,613.3
46.7%
GB Auto Rental
29.8
33.6
35.9
6.7%
20.3%
60.0
69.5
16.0%
Capital Securitization
0.3
0.3
Total
1,854.1
1,986.7
2,357.6
18.7%
27.2%
3,578.0
4,344.4
21.4%
INVESTOR PRESENTATION | SECOND QUARTER 2022
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