Is Finansal Kiralama A.s. · BIST:ISFIN
Is Finansal Kiralama A.s — Investor Presentation (March 2022)
32 slides from Is Finansal Kiralama A.s's investor presentation, March 2022
Slide 1: March 2022 Investor Presentation
MARCH 2022 INVESTOR PRESENTATION
Slide 2: Contents
CONTENTS Leasing Sector In Turkey Company Overview Leasing Portfolio Financial Results
Slide 3: Leasing Sector In Turkey
Leasing Sector In Turkey Company Overview Leasing Portfolio Financial Results
Slide 4: GDP and Industrial Production Growth; Manufacturing PMI
Leasing Sector Investor Presentation 4 GDP and Industrial Production Growth In the Turkish economy, which has grown 11% in (SWDA) 2021, the expectations for 2022 indicate to a softer 20 trend. The tightening in financial conditions triggered 15 10 by the global inflationary pressure and the current
Slide 5: Confidence Indices; Real Sector Confidence and Capacity Utilization
Leasing Sector Investor Presentation 5 Confidence Indices 110 100 Confidence indices are continuing their course below Index Value 90 the threshold. This situation, triggered by the turmoil 80 in the macroeconomic outlook is expected to 70 60 continue. 50 Mar-19 Mar-20 Mar-21 Mar-22 Jun-19 Nov-19 Ju
Slide 6: Cumulative Current Account Balance; Gross FX Reserves of the CBRT
Leasing Sector Investor Presentation 6 Cumulative Current Account Balance 20 The current account balance, which is one of the 10 most critical indicators of the new economy model, is 0 deteriorating due to energy prices. The pressure Bln. USD -10 created by the geopolitical outlook on the main trade
Slide 7: Inflation and Policy Rate; Loan Rates
Leasing Sector Investor Presentation 7 Inflation and Policy Rate 70 60 In addition to the global inflationary pressure, the 50 strong depreciation of the TL continues to increase the 40 strong local inflationary pressure. Headline inflation % 30 20 exceeding 60% and very strong PPI pressure are 10 e
Slide 8: Advantages of Leasing
Advantages of Leasing Opportunity of Operating lease Opportunity Flexible to finance investment Fixed or at any scale variable Benefits of lease Competent VAT, Stamp Duty and payment fees options Advantageous Foreseeable Lease payments in line with cash flow Lease payments in Foreign Currency
Slide 9: Leasing Sector: Number of Leasing Companies and Leasing Penetration
Investor Presentation Leasing Sector 9 Number of Leasing Companies and Leasing Penetration Number of Leasing Companies 28 26 25 24 23 22 22 22 2015 2016 2017 2018 2019 2020 2021 2022/03 Leasing penetration 5,85% 5,47% 4,71% 4,97% 4,79% 3,51% 3,50% 2,60% 2014 2015 2016 2017 2018 2019 2020 2021 Penetr
Slide 10: Leasing Volume
Leasing Sector Investor Presentation 10 Leasing Volume MARCH 2022
Slide 11: Portfolio Development: Leasing Receivables and Currency Distribution
Leasing Sector Investor Presentation 11 Portfolio Development Leasing Receivables (USD) 13.786 12.699 12.632 12.509 10.895 11.539 8.202 7.803 6.411 6.262 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022/03 Currency Distribution 90% 80% 77% 77% 70% 74% 72% 72% 75% 75% 72% 72% 70% 60% 50% 40% 30% 26%
Slide 12: Leasing Sector Portfolio Development
Leasing Sector Investor Presentation 12 Portfolio Development 30.000 35% 30% 28% 28% 30% 25.000 24% 25% 20.000 20% 15.000 15% 10.000 10% 5.000 8.554 5% 7.803 6.411 6.262 2.053 2.349 1.772 1.755 0 0% 2019 2020 2021 2022/03 Lease Receivables (USD) TL TL % MARCH 2022
Slide 13: Profitability; Equity & Leverage
Leasing Sector Investor Presentation 13 Profitability Net Profit of Sector (Million TL) 2.042 1.125 1.502 1.248 809 923 952 917 2015 2016 2017 2018 2019 2020 2021 2022/03 Equity & Leverage 7 6,986 6,972 6,958 6,944 6,93 6,916 6,902 6,888 6,874 6,86 6,846 6,832 6,818 6,804 6,79 6,776 6,762 6,748 6,73
Slide 14: Customer Base; Non Performing Loans
Leasing Sector Investor Presentation 14 Customer Base %12,2 %12,7 %13,2 %13,5 %10,7 %11,2 9 0.000 %16,0 8 0.000 7 0.000 %9,0 %10,0 %14,0 %12,0 6 0.000 %10,0 5 0.000 %8,0 4 0.000 %6,0 56.396 58.373 57.593 53.510 40.457 36.240 35.669 35.201 3 0.000 %4,0 2 0.000 %2,0 1 0.000 %0,0 2015 2016 2017 2018 20
Slide 15: Company Overview
Leasing Sector In Turkey Company Overview Leasing Portfolio Financial Results
Slide 16: Company Milestones
Company Investor Presentation 16 Milestones 1985 1988 1995 2000 2004 2005 2009 2011 2014 2015 2019 2020 2021 •The Leasing •Incorporated •İşbank Group •Initial public •By launching •As a result of •As a result of •It issues the •It increases •It finances the •Selected as •It rises to the •It joins th
Slide 17: Shareholders and Share Performance
MARCH 2022 Company Shareholders 0 100.000.000 150.000.000 200.000.000 250.000.000 300.000.000 350.000.000 400.000.000 50.000.000 July-19 August-19 September-19 October-19 November-19 December-19 January-20 February-20 March-20 April-20 May-20 June-20 July-20 Trading Volume August-20 September-20 Oct
Slide 18: Organization Structure & Employee Base
Company Investor Presentation 18 Organization Structure & Employee Base GENDER 51,43% 48,57% ERKEK 49,63% WOMAN MAN Education Master's Degree 21 LBachelor's Degree 105 High School 8 Associate Degree 4 MARCH 2022
Slide 19: Company Performance - 31.03.2022
Company Investor Presentation 19 Company Performance- 31.03.2022 With a new transaction Leasing receivables amounted volume of USD 139 million to TL 12,8 billion with 13,99% and a market share of market share on the basis of 14,33%, İş Leasing carried its leasing receivables. strong position in the
Slide 20: Branch Network
Company Investor Presentation 20 Branch Network Avcılar Şişli Kartal Kozyatağı Bursa İzmir Antalya Ankara Konya Adana Kayseri Gazinatep Trabzon Diyarbakır Ostim Avcılar Branch Kozyatağı Branch 16 Branches Şişli Branch Kartal Branch Trabzon Branch Bursa Branch 45 Başkent Branch Ostim Branch İzmir Bra
Slide 21: Leasing Portfolio
Leasing Sector In Turkey Company Overview Leasing Portfolio Financial Results
Slide 22: Consolidated Financial Indicators - 31.03.2022
Lease portfolio Investor Presentation 22 Consolidated Financial Indicators - 31.03.2022 12.826 Leasing Receivables Million TL 7.425 Factoring Receivables Million TL 139 Transaction Volume Million USD 2.210 Shareholders’ Equity Million TL 22.703 Total Assets Million TL MARCH 2022
Slide 23: Sales Channels
Lease portfolio Investor Presentation 23 Sales Channels İşbank: 1143 local and 21 foreign branches, largest network among private banks. MARCH 2022
Slide 24: Industrial & Asset & Geographical Breakdown
Lease portfolio Investor Presentation 24 Industrial & Asset & Geographical Breakdown, % Sectoral Breakdown (%) Geographical Distribution OTHER; 18,40% İSTANBUL; ANTALYA; 2,19% 36,83% Asset Breakdown (%) DENİZLİ; 2,46% ADANA; 3,02% BURSA; 3,34% İZMİR; 3,43% KONYA; 5,23% ANKARA; 15,07% GAZİANTEP; 10,0
Slide 25: Borrowing: Funding Structure
Borrowing Investor Presentation 25 Funding Structure Strong Efficient hedging relationships strategy against Efficient use of with both maturity, interest capital market domestic and rate and FX risk instruments international by diversifying banks liabilities. Allocation of Usage of special loan alt
Slide 26: Financial Results
Leasing Sector In Turkey Company Overview Leasing Portfolio Financial Results
Slide 27: Financial Highlights
Financial Perfomance Investor Presentation 27 Financial Highlights TL Million, consolidated 2021 2022/03 Δ Leasing Receivables, Net 11.373 12.831 12,8% Factoring Receivables, Net 6.672 7.480 12,1% Non Performing Receivables 806 833 3,4% Provisions 805 893 11,0% Total Assets 20.377 22.703 11,4% Finan
Slide 28: Solo Key Figures
Financial Perfomance Investor Presentation 28 Solo Key Figures (Million TL) 2021 2022/03 Δ 2021 2022/03 Δ Financial Highlights Sector İş Leasing Receivables 83.203 91.715 10% 11.373 12.831 13% Total Assets 106.048 118.886 12% 13.481 14.973 11% Equity 14.575 17.091 17% 1.549 1.597 3% Net Profit 2.042
Slide 29: Leverage and NPL
Financial Perfomance Investor Presentation 29 Leverage 8,4 5,6 5,3 6,0 4,3 5,0 5,0 4,7 2015 2016 2017 2018 2019 2020 2021 2022/03 NPL 8,3 7,2 9,0 6,3 6,7 6,0 8,0 5,5 5,8 5,4 7,0 6,0 6,6 5,0 4,7 4,6 4,8 4,9 4,0 4,3 4,3 4,5 3,0 2,0 1,0 - 2015 2016 2017 2018 2019 2020 2021 2022/03 İş Leasing Sektör MAR
Slide 30: NPL
Financial Perfomance Investor Presentation 30 NPL Sector NPL % İş Leasing NPL% 8,3% 7,2% 6,7% 6,7% 6,0% 6,3% 5,5% 5,8% 5,6% 5,6% 6,6% 5,4% 4,7% 4,6% 4,8% 4,9% 4,7% 4,7% 4,6% 4,5% 4,3% 4,3% 2014 2015 2016 2017 2018 2019 2020 2021 2022/01 2022/02 2022/03 MARCH 2022
Slide 31: Rating
Investor Presentation Financial Perfomance 31 Rating Corporate Governance Rating (Saha-2021) : 9.29 MARCH 2022
Slide 32: Disclaimer Statement
Investor Presentation 32 Disclaimer Statement The information in this document has been obtained by İş Finansal Kiralama A.Ş. (“İş Leasing”) from sources believed to be reliable, however, İş Leasing cannot guarantee the accuracy, completeness , or correctness of such information. This document has b
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