Transilvania Investments Alliance S.a. · BVB:TRANSI
Transilvania Investments Alliance — SIF Transilvania — Wood Winter Conference 2021
25 slides from Transilvania Investments Alliance's conference presentation, December 2021
Slide 1: Wood Winter Conference December 2021
Wood Winter Conference December 2021
Slide 2: Presentation Structure
Presentation Structure Key Information about the Company Quarterly Financial Results (September 2021) Our Portfolio
Slide 3: Key Information
Key Information
Slide 4: About the Company
About the Company Dividend per share and dividend yield 13% SIF Transilvania is an Alternative Investment Fund Manager (A.I.F.M.), 10% authorized by the F.S.A. in accordance with Law no. 74/2015 on alternative 8% investment fund managers, based on the F.S.A. Authorization no. 40/15.02.2018. 6% The C
Slide 5: Executive Management
Executive Management Starting with 12.11.2021, based on the F.S.A. Authorization no. 229/03.11.2021, the composition of the Executive Board is the following: Mr. Radu Claudiu Roșca - Executive President/CEO and Mr. Theo-Dorian Buftea – Executive Vice-President/Deputy CEO. Radu Claudiu ROȘCA Theo-Dor
Slide 6: Investment Strategies and Objectives 2020 - 2024
Investment Strategies and Objectives 2020 - 2024 Objectives of the Investment Policy Statement for 2020 – 2024: a significant increase of the quality of the managed portfolio and of its market value; the structural balancing of the portfolio; the maintaining of an optimal level of the portfolio aggr
Slide 7: SIF3 Share Price Evolution as of September 30th, 2021
SIF3 Share Price Evolution as of September 30th, 2021 Minimum price RON 0.3350/share During the reporting period, SIF3 shares recorded a Average price RON 0.3551 /share* generally positive trend, materialized at the end of the Maximum price RON 0.3970/share period in a closing price higher than the
Slide 8: Capital Market Evolution
Capital Market Evolution Source: Bloomberg During the first nine months of 2021, the TOTAL RETURN (calculated in local currencies), recorded by the main index of the regulated market (BET), recorded a positive trend, resulting at the end of the period in a higher yield than the MSCI FM100 index .
Slide 9: Q3 2021 Financial Results
Ay ‘March 200,00] 290,00] __ 4206p April 250,00) 225,00] 202.50] May 300,00] 435,00] 630,75| 914,59] “ms une 350,00] 437,50] 546,88] 683,59] 854,49] a [uty — 400,00 500,00] 625,00] 781,25 976,56| 1220.70 [August 450,00] 562,50] _703,13[ 878,91] _1098,63| 1373,29| 171.8 [September _500,00| 625,00] __
Slide 10: Statement of Financial Position
Statement of Financial Position RON million 30 September 2021 31 December 2020 Cash and cash equivalents 109.96 70.51 Financial assets measured at fair value through profit or loss 660.44 643.47 Financial assets measured at fair value through other comprehensive income 717.91 569.32 Financial assets
Slide 11: Statement of Profit & Loss and Other Comprehensive Income
Statement of Profit & Loss and Other Comprehensive Income RON million 30 September 2021 30 September 2020 Dividend income 32.92 30.37 Interest income 0.45 0.44 Interest income from bonds classified as financial assets at fair value through profit or loss - 0.05 Net gain / (Net loss) from financial a
Slide 12: Accounting Principles applied by the Company
Accounting Principles applied by the Company The Company’s financial statements have been prepared in accordance with the International Financial Reporting Standards, as adopted by the European Union (“IFRS”) and with the F.S.A. Rule no. 39 of 28 December 2015 on the approval of the Accounting Regul
Slide 13: Our Portfolio
Our Portfolio
Slide 14: Number of Companies in Portfolio as of September 30th, 2021
Number of Companies in Portfolio as of September 30th, 2021 100 97 96 94 91 58 57 56 54 51 42 40 40 40 40 30-Sep-19 31-Dec-19 30-Sep-20 31-Dec-20 30-Sep-21 Listed shares Unlisted shares * Total Source: SIF Transilvania
Slide 15: Portfolio Structure – Fair Values as of September 30th, 2021
Portfolio Structure – Fair Values as of September 30th, 2021 Portfolio structure by financial instruments Share sub-portfolio structure Holdings between Unlisted Shares 5% - 33% 4.9% 4.2% Holdings between 33% - 50% Fund Units 5.8% Listed Shares 3.0% 92.1% Holdings < 5% 54.3% Majority holdings 35.7%
Slide 16: Performance of the Financial Instrument Portfolio – September 30th, 2021
Performance of the Financial Instrument Portfolio –September 30th, 2021 Breakdown by financial instruments Breakdown by sectors Source: SIF Transilvania
Slide 17: Performance of the Share Sub-Portfolio – September 30th, 2021
Performance of the Share Sub-Portfolio – September 30th, 2021 Breakdown by sectors Top 5 positive/negative performances Source: SIF Transilvania
Slide 18: Top 10 Holdings - IFRS Fair Values as of September 30th, 2021
Top 10 Holdings - IFRS Fair Values as of September 30th, 2021 Fair Value Company Name Sector Majority Shareholder Status (mRON) 1 BANCA BRD - GROUPE SOCIETE GENERALE BANKS GROUPE SOCIETE GENERALE BSE listed 368.08 2 BANCA TRANSILVANIA BANKS BSE listed 115.56 3 TURISM FELIX SA TRAVEL AND LEISURE SIF
Slide 19: Business and Holiday Tourism: 30 hotels, 5.500+ rooms
Business and Holiday Tourism: 30 hotels, 5.500+ rooms 6 Hotels → 672 rooms 1 Hotel → 139 rooms Brasov Predeal 22 Hotels → 4.589 rooms 1 Hotel → 166 rooms Source: SIF Transilvania Ploiesti Saturn Eforie Source: SIF Transilvania Venus Neptun
Slide 20: Spa Tourism: 16 hotels, 2.400+ rooms
Spa Tourism: 16 hotels, 2.400+ rooms 7 Hotels → 1332 rooms 2 Hotels → 225 rooms 1 Lotus → 180 rooms Tușnad Felix Covasna 3 Hotels → 393 rooms 3 Transilvania Source: SIF Hotels → 306 rooms Buziaș Source: SIF Transilvania
Slide 21: Industrial
Industrial Heat Exchangers Metal Fabrications Brasov Ship Yard Santierul Naval Orșova Ship Rental & Repair SNO subsidiary AGIGEA Feper Bucuresti RACKS Manufacturing Source: SIF Transilvania
Slide 22: Market Values–Net Asset Value vs. Market Capitalization – September 2021
Market Values–Net Asset Value vs. Market Capitalization – September 2021 Source: SIF Transilvania
Slide 23: Net Asset Value vs. Market Capitalization – September & October 2021
Net Asset Value vs. Market Capitalization – September & October 2021 Source: SIF Transilvania
Slide 24: Thank you
Thank you investitori@siftransilvania.ro
Slide 25: Disclaimer
Disclaimer This presentation has been prepared solely for your information and is subject to update, completion, revision and amendment and such information may change materially. No person is under any obligation to update or keep current the information contained in the presentation and these mate