Lion Capital S.a. · BVB:LION
Lion Capital — SIF Banat-Crișana — Q3 2022 Earnings Presentation
23 slides from Lion Capital's earnings presentation, 2022
Slide 1: Presentation of Financial Results Q3 2022
— PRESENTATION OF FINANCIAL RESULTS Q3 2022 — This presentation made available on SIF Banat-Crișana website www.sif1.ro is addressed only the shareholders for information purposes only, and should not be reproduced, copied or re-transmitted, and nothing in it should be construed as an offer, invitat
Slide 2: General Information
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 GENERAL INFORMATION CORPORATE NAME Societatea de Investiții Financiare (SIF) Banat-Crișana S.A. COMPANY TYPE ▪ joint stock company, Romanian legal entity with private capital ▪ established as a self-managed investment company, authorized by
Slide 3: General Information: Registrations and Auditor
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 GENERAL INFORMATION REGISTRATIONS ▪ Number in Trade Register J02/1898/1992 ▪ Tax Identification Code RO 2761040 ▪ Number in ASF AFIAA Register PJR07.1AFIAA / 020007 / 09.03.2018 ▪ Number in ASF FIAIR Register PJR09FIAIR / 020004/ 01.07.2021
Slide 4: General Information: Share Capital and Indices
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 GENERAL INFORMATION SHARE CAPITAL PART OF BVB (BSE) INDICES RON 51,542,236.30 BET-FI | BET-XT | BET-XT-TR | BET-BK | BET-XT-TRN TOTAL ISSUED SHARES ISIN CODE 515,422,363 ROSIFAACNOR2 OUTSTANDING SHARES BLOOMBERG ID 507,510,056 SIF1:RO NOMIN
Slide 5: Shareholders' Structure
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 SHAREHOLDERS’ STRUCTURE as per holdings, as of September 30, 2022 ■ 39.70% ■ 0.33% Romanian individuals non-resident individuals (5,739,622 shareholders) (2,113 shareholders) 5,741,874 shareholders ■ 38.69% ■ 19.74% Romanian legal entities
Slide 6: SIF Banat-Crișana Investment Strategy
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 SIF Banat-Crișana investment strategy on long turn aims to maximize the performance of the portfolio to increase the value of the assets under management and the investment income The financial objective is to make use of an aggregate retur
Slide 7: SIF Banat-Crișana's Results for Q3 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 ▪ SIF Banat-Crișana’s results for Q3 2022 are under the sign of the current difficult investment context, the dividend income recorded by the company (RON 166m) being impacted at the level of the net result by the gain/loss on investments p
Slide 8: Q3 2022 Income and Investment Results
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 ▪ During the first three quarters of 2022, SIF Banat-Crișana recorded dividend income amounting to RON 166m, 18% over the level budgeted for the entire year 2022. The investment policy put into practice in the first part of 2022, through th
Slide 9: Net Profit and Comprehensive Income
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 ▪ Net profit as of September 30, 2022, amounting to RON 7.3m, stands for 9% of the level budgeted for 2022. Given the internal estimates of the gain/loss on investment, based on market quotes available at the date of publication of the quar
Slide 10: Main Balance Sheet Items and Financial Performance
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 MAIN BALANCE SHEET ITEMS [RONm] 31.12.2021 30.09.2022 Total assets, of which 3,607.39 3,129.30 Total financial assets 3,579.13 3,094.11 Equity (own capital) 3,416.13 2,996.07 Total liabilities 191.26 133.23 FINANCIAL PERFORMANCE [RONm] 30.0
Slide 11: Performance of Shares and Net Asset
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 PERFORMANCE OF SHARES AND NET ASSET 31.12.2021 30.09.2022 Share price (end of period, RON) 2.5400 2.4500 NAV/S (RON) 6.7170 5.8902 Accounting net asset / share (RON) 6.7311 5.9035 Nominal value of share (RON) 0.1 0.1 No. of shares issued 51
Slide 12: Net Asset Value September 2021 - September 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 NET ASSET VALUE September 2021 - September 2022 RON million (RONm) 3,500 3,375 3,409 3,404 3,294 3,307 3,273 3,271 3,209 3,218 3,159 3,161 3,174 3,100 2,989 2,700 2,300 1,900 1,500 Sept. '21 Oct. Nov. Dec. Jan. Feb. Mar. Apr. May Jun. Jul.
Slide 13: Assets Under Management as of September 30, 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 ASSETS UNDER MANAGEMENT as of September 30, 2022 breakdown on classes (weight on total assets) ■ listed shares ■ bank deposits + cash available 1% value 2,058.32 RONm value 200.75 RONm 6% 2% (31.12.2021: 2,328.99 RONm) (31.12.2021: 339.36 R
Slide 14: Stock Portfolio Breakdown by Sector
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 STOCK PORTFOLIO breakdown by sector 6% 5% ■ banking-financial ■ hospitality (hotels and restaurants) 3%3% 2% stakes in 13 companies, worth 1,142.09 RONm stakes in 4 companies, worth 129.51 RONm 5% (31.12.2021: 1,411.53 RONm) (31.12.2021: 97
Slide 15: Stock Portfolio by Stake Held and Liquidity
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 STOCK PORTFOLIO STOCK PORTFOLIO breakdown by stake held breakdown on liquidity ■ up to 5% ■ listed companies stakes in 29 companies 17% 83% 83% 38% 17% 2,058.32 RONm (31.12.2021: 2,328.99 RONm) worth 934.72 RONm (31.12.2021: 1,289.29 RONm)
Slide 16: Top Companies in SIF Banat-Crișana Portfolio
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 TOP 10 COMPANIES IN SIF BANAT-CRIȘANA PORTFOLIO as of September 30, 2022 Company (symbol) Sector Stake held % of NAV 1. Banca Transilvania (TLV) banking - financial 4.78% 18.88% 2. SIF Imobiliare Plc (SIFI) real estate 99.99% 11.57% 3. SIF1
Slide 17: SIF1 vs. BET-FI Index in 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 SIF1 vs. BET-FI INDEX IN 2022 SIF1 (RON) BET-FI (points) 53,452.43 RON 2.5000 2.7500 54,000 52,412.22 RON 2.5600 52,192.55 RON 2.4500 RON 2.4800 RON 2.4500 RON 2.4100 2.5500 52,000 RON 2.3500 RON 2.5100 2.3500 50,000 51,498.77 RON 2.3300 50
Slide 18: SIF1 Price and Volume in 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 SIF1 PRICE AND VOLUME IN 2022 RON 2.5000 3.0000 RON 2.4000 2,000,000 5,553,251 RON 2.4500 RON 2.5600 RON 2.5100 RON 2.4500 RON 2.4500 1,800,000 RON 2.3500 1,598,449 1,600,000 1,400,000 2.0000 RON 2.3300 1,435,620 price SIF1 (RON) 1,200,000
Slide 19: Standalone Statement of Financial Position
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 Standalone statement of financial position (extract from standalone financial statements) (all amounts in RON) 31.12.2021 30.09.2022 Cash, cash equivalent and bank deposits 339,358,760 200,761,053 Financial assets at fair value through prof
Slide 20: Standalone Statement of Profit or Loss
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 Standalone statement of profit or loss and other comprehensive income (extract from standalone financial statements) (all amounts in RON) 30.09.2021 30.09.2022 Income Dividend income 122,805,794 166,177,167 Interest income 2,446,581 5,749,7
Slide 21: Main Lines of Action in Portfolio Management for 2022
PRESENTATION OF SIF BANAT-CRIȘANA FINANCIAL RESULTS Q3 2022 Main lines of action in portfolio management for 2022 • calibration of the portfolio on financial assets / instruments that benefit from an inflationary context • continuing the portfolio restructuring by reducing minority interests that do
Slide 22: Financial Calendar 2022
FINANCIAL CALENDAR 2022 February 28, 2022 Preliminary annual financial results as of December 31, 2021 April 28, 2022 General Meeting of Shareholders for the approval of the standalone and the consolidated financial statements for 2021 April 28, 2022 Submission of the Annual Report and the standalon
Slide 23: www.sif1.ro
HEADQUARTES 35A Calea Victoriei Arad, 310158, Romania TEL +40257 304 446 FAX +40257 250 165 EMAIL investitori@sif1.ro BUCHAREST BRANCH 46-48 S. V. Rahmaninov Str., 3rd floor, sector 2, Bucharest, 020199, Romania TEL +4021 311 1647 FAX +4021 314 4487 EMAIL bucuresti@sif1.ro www.sif1.ro