B2 Impact ASA · OSL:B2I
B2 Impact ASA — B2Holding — Q3 2015 Earnings Presentation
12 slides from B2 Impact ASA's earnings presentation, Oct 30, 2015
Slide 1: Interim report 3Q 2015
Interim report 3Q 2015 -- 30 October 2015
Slide 2: Introduction to B2Holding
INTRODUCTION Introduction to B2Holding Introduction Debt purchaser established in 2011 with servicing platforms located in the Nordics, the Baltics, Poland and the Balkans 100% owned Estimated Remaining Collection (“ERC”) from NOK 1,372m in 2013 to NOK Located in Sweden 24 employees 5,316m as of Sep
Slide 3: Management and BoD
INTRODUCTION Management and BoD Management Board of Directors Jon Harald Nordbrekken – Chairman and Founder Former CEO of Intrum Justitia Norway CEO Founded Aktiv Kapital in 1991, CEO until 1998, chairman from 1998 to 2004 Olav Dalen Zahl In 2005, he founded B2Holding AS, parent to both Gothia
Slide 4: B2Holding current status
STATUS B2Holding current status Highlights B2Holding has established itself as one of the leading players in the markets where the Group operates Strategic acquisitions carried out in 2014 has strengthened the Group’s position in the Baltics and CEE, and B2Holding has a strong platform for further g
Slide 5: Key financial highlights (MNOK)
FINANCIALS Key financial highlights (MNOK) Total operating revenue Total cash revenue Portfolio acquisitions ERC INTERIM REPORT 3Q 2015 5
Slide 6: Financial highlights: income statement
FINANCIALS Financial highlights Income statement Comments Year to Strong performance in (MNOK) 1Q 2Q 3Q date 3Q Operating margin 40% Interest income on purchased loan portfolios 196 189 239 624 Portfolio purchases in 3Q Revenue from external collection 25 23 23 71 – NOK 403 million Other operating r
Slide 7: Financial highlights: balance sheet
FINANCIALS Financial highlights Balance sheet Comments Change (MNOK) 2014 1Q 2Q 3Q YTD Strong growth in NPL and loan receivables Tangible and intangible asset 419 412 402 425 6 Net interest bearing debt NOK 1,200 million Other long term financial asset 2 2 2 2 -0 Equity ratio 46% Non performing loan
Slide 8: Financial highlights: details and ERC
FINANCIALS Financial highlights Details ERC Year to 1Q 2Q 3Q date 2014 Portfolio purchases (NOK mill) 64 270 403 737 527 Total claims outstanding (mill) 3,49 3,66 3,84 3,84 3,45 Total Face value outstanding (NOK mill) 32 820 34 129 38 188 38 188 30 931 ERC (NOK mill) 4 305 4 477 5 316 5 316 4 430 Op
Slide 9: Guidance 2015
GUIDANCE Guidance 2015 Details Comments Projected Operating revenue (MNOK) Year to date 4QE 2015E 2014 Nov 2014 - Takto in Poland not Interest income on purchased loan portfolios* 624 234 858 834 399 included in Projected Revenue from external collection 71 27 98 93 91 numbers November 2014 Other op
Slide 10: Bank refinancing, bond issue and IPO preparations
CAPITAL MARKETS Bank refinancing, bond issue and IPO preparations Three existing bank facilities of in total NOK 1,505 mill. to be refinanced into an EUR 260 million (approx. NOK 2,475 million) multi currency credit revolving facility Bank refinancing Unutilized facility at refinancing will be appro
Slide 11: Strong activity expected to continue
OUTLOOK Strong activity expected to continue Expected high activity in portfolio purchases in 4Q Sizable portfolios acquired with closing in 4Q - Both secured and unsecured portfolios acquired Ongoing hiring process of key personnel with capabilities within secured assets - Opportunities within secu
Slide 12: B2Holding AS contact details
B2Holding AS | Stortingsgaten 22 | P.O. Box 1642 Vika | N-0119 Oslo www.b2holding.no | Tel: +47 22 83 39 50 | E-mail: post@b2holding.no