Is Finansal Kiralama A.s. · BIST:ISFIN
Is Finansal Kiralama A.s — Investor Presentation (December 2020)
31 slides from Is Finansal Kiralama A.s's investor presentation, December 2020
Slide 1: Investor Presentation
Investor Presentation 1 DECEMBER 2020 31.12.2020
Slide 2: Contents
CONTENTS Investor Presentation 2 LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS DECEMBER 2020
Slide 3: Leasing Sector in Turkey
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 4: Growth Rate and Manufacturing PMI
Leasing Sector Investor Presentation 4 GDP QoQ GGrowth performance of Turkey is affected in (SWDA-Seasonally & Working Days Adjusted) parallel with pandemic’s global impact. Following 20,0 a contraction in Q2 2020, the Q3 growth was 15,0 15,6%. Growth Rate (%) 10,0 5,0 0,0 -5,0 Although the official
Slide 5: Confidence Indices
Leasing Sector Investor Presentation 5 Confidence Indices 120,0 110,0 A similar outlook is observed in the economic 100,0 confidence index. After the rapid contraction in the Index Value 90,0 80,0 70,0 early-pandemic period and following a fast recovery 60,0 phase, the outlook is now stable. 50,0 40
Slide 6: Current Account Balance and CBRT Reserves
Leasing Sector Investor Presentation 6 Current Account Balance 20,0 10,0 0,0 The deterioration in CAB is still continuing. The disrupted relationships with the trade partners along Bln. USD -10,0 -20,0 -30,0 with the lost tourism income are the main reasons -40,0 behind this outlook. The diminishing
Slide 7: Inflation, Policy Rates and Loan Rates
Leasing Sector Investor Presentation 7 Inflation and Policy Rates 30,0 25,0 The depreciation of the Turkish Lira against foreign 20,0 15,0 currencies is one of the main reasons for its 10,0 differentiation in a negative way from the global 5,0 disinflationary environment. Strong monetary 0,0 tighten
Slide 8: Advantages of Leasing
Leasing Sector Investor Presentation 8 Advantages of Leasing Opportunity Opportunity to finance of Operating investment lease at any scale Competent Flexible Benefits of VAT, Stamp Duty and Fixed or fees variable lease payment Advantageous options Lease payments in line with cash flow Foreseeable Le
Slide 9: Number of Leasing Companies and Leasing Penetration
Leasing Sector Investor Presentation 9 Number of Leasing Companies and Leasing penetration Number of Leasing Companies 29 28 26 25 24 23 22 2014 2015 2016 2017 2018 2019 2020 Leasing penetration 5,8% 5,5% 4,7% 5,0% 4,8% 3,3% 2,6% 2014 2015 2016 2017 2018 2019 2020 Penetration: Leasing volume/ Privat
Slide 10: Leasing Volume
Leasing Sector Investor Presentation 10 Leasing Volume Million USD 9,3% 7.637 30,4% 6.990 -16,7% -3,7% 1,04% 6.365 6.194 14% 28% 6.130 -22,6% 24% 18% 24% 4.795 18% 29,1% -46,7% 3.303 2.558 28% 20% 2013 2014 2015 2016 2017 2018 2019 2020 Leasing Sale & Lease Back DECEMBER 2020
Slide 11: Portfolio Development: Leasing Receivables
Leasing Sector Investor Presentation 11 Portfolio Development Leasing Receivables (USD) 13.786 12.699 12.632 12.509 10.895 11.539 9.530 8.202 7.803 2012 2013 2014 2015 2016 2017 2018 2019 2020 Currency Distribution 90 % 80 % 77% 77% 77% 70 % 74% 72% 72% 75% 75% 70% 60 % 50 % 40 % 30 % 26% 28% 28% 30
Slide 12: Portfolio Development
Leasing Sector Investor Presentation 12 Portfolio Development 30.000 35% 30% 25.000 30% 24% 24% 25% 20.000 20% 15.000 15% 10.000 10% 5.000 11.711 8.554 7.803 5% 2.811 2.053 2.349 0 0% 2018 2019 09.2020 Lease Receivables (USD) TL TL % DECEMBER 2020
Slide 13: Profitability
Leasing Sector Investor Presentation 13 Profitability Net Profit of Sector (Million TL) 1.502 1.125 809 923 952 917 526 2014 2015 2016 2017 2018 2019 2020 Equity & Leverage 15. 00 0 6,2 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 6,734 6
Slide 14: Customer Base and Non Performing Loans
Leasing Sector Investor Presentation 14 Customer Base 90.00 %14 ,0 80.00 %12,2 %12,7 %11,2 %12 ,0 70.00 %10,0 %10,7 %10 ,0 60.00 50.00 %8,2 %9,0 %8,0 %6,0 40.00 %4,0 30.00 20.00 52.041 56.396 58.373 57.593 53.510 40.457 36.240 %2,0 10.00 %0,0 2014 2015 2016 2017 2018 2019 2020 Sector Total Number of
Slide 15: Company Overview
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 16: Company Milestones & Shareholders
Company Investor Presentation 16 Milestones & Shareholders 2011 1985 1995 First corporate Leasing Law İş Bank group took bond issuer in Enacted over leasing sector 1988 2000 Established by İş Listed in İstanbul Stock Bank, Soc Gen and Exchange (ISFIN)) IFC Trading Volume Price Share Structure(%) 350
Slide 17: Organization Structure & Employee Base
Company Investor Presentation 17 Organization Structure & Employee Base Gender 51,4% 48,6% MALE FEMALE 49,63% MALE Education Master's Degree 19 Bachelor's Degree 106 High School 9 Associate Degree 4 DECEMBER 2020
Slide 18: Company Performance
Company Investor Presentation 18 Company Performance With a new transaction Net leasing receivables volume of USD 546 million amounted to TL 7.1 billion. and a market share of 16%, İş Leasing carried its strong position in the sector one step further The Company posted a net The Company increased it
Slide 19: Branch Network
Company Investor Presentation 19 Branch Network CONFLICT Avcılar Şişli Kartal Kozyatağı Ostim Trabzon 15 Branches Bursa Ankara Kayseri 41 Sales Staff Diyarbakır İzmir Konya 138 Total Staff Gaziantep Antalya Adana DECEMBER 2020
Slide 20: Leasing Portfolio
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 21: Consolidated Financial Indicators
Lease portfolio Investor Presentation 21 Consolidated Financial Indicators (30.09.2020) 7.162 Lease Portfolio million TL A B C D 546 million USD Transaction Volume 47 1.718 Million This is TL a sample Shareholders’ Equity million TL Net text.Profit 12.761 Total Assets million TL DECEMBER 2020
Slide 22: Sales Channels
Lease portfolio Investor Presentation 22 Sales Channels 31.12.2020 31.12.2019 İŞ BANK DIRECT MARKETING VENDORS İŞ BANK DIRECT MARKETING VENDORS 10% 10% 52% 61% 29% 38% İşbank: 1342 local and 22 foreign branches, largest network among private banks. DECEMBER 2020
Slide 23: Industrial, Asset & Geographical Breakdown
Lease portfolio Investor Presentation 23 Industrial & Asset & Geographical Breakdown, % Sectoral Breakdown 2019 2020 21 19 18 16 14 15 13 12 12 10 Geographical Distribution 7 7 8 5 Di ğer 4 4 4 3 21,20% 2 1 3 2 ANTALYA 2,31% TEXTILE CONSTRUCT METAL IND. TRANSPORT MINING ENERGY CHEMICALS HEALTHCARE R
Slide 24: Funding Structure
Borrowing Investor Presentation 24 Funding Structure Efficient hedging Strong strategy against relationsips with Efficient use of maturity, interest both domestic capital market rate and FX risk and international instruments by diversifying banks liabilities. Allocation of Usage of special loan alte
Slide 25: Financial Results
LEASING SECTOR IN TURKEY COMPANY OVERVIEW LEASING PORTFOLIO FINANCIAL RESULTS
Slide 26: Financial Highlights
Financial Perfomance Investor Presentation 26 Financial Highlights TL Million, consolidated 2018 2019 2020 Δ Leasing Receivables, Net 5.218 5.008 7.162 43,0% Factoring Receivables, Net 2.730 3.160 4.417 39,8% Non Performing Receivables 297 580 551 -5,0% Provisions 199 462 558 20,8% Total Assets 8.68
Slide 27: Solo Key Figures
Financial Perfomance Investor Presentation 27 Solo Key Figures (Million TL) 2018 2019 2020 2020-2019 Δ 2018 2019 2020 2020-2019 Δ Financial Highlights İş Sector Leasing Receivables 5.331 5.008 7.162 43% 60.707 48.721 57.278 18% Total Assets 5.965 5.877 8.169 39% 68.506 58.176 70.277 21% Equity 903 1
Slide 28: Leverage and NPL
Financial Perfomance Investor Presentation 28 Leverage 5,6 5,3 5,0 5,0 4,7 4,0 4,3 3,5 2013 2014 2015 2016 2017 2018 2019 2020 NPL 9,0 8,3 8,0 7,0 7,2 7,0 6,7 6,3 6,7 6,0 6,0 5,5 6,6 5,0 4,0 4,8 4,6 4,3 4,7 4,6 4,8 4,3 3,0 2,0 1,0 - 2013 2014 2015 2016 2017 2018 2019 2020 İş Leasing Sektör DECEMBER
Slide 29: NPL
Financial Perfomance Investor Presentation 29 NPL Sector NPL % İş Leasing NPL% 8,5% 8,3% 8,0% 7,2% 7,0% 6,7% 6,6% 7,6% 6,3% 7,0% 6,0% 5,5% 6,6% 4,8% 4,6% 4,7% 4,6% 4,8% 4,3% 4,3% 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 DECEMBER 2020
Slide 30: Rating
Financial Perfomance Investor Presentation 30 Rating Corporate Governance Rating (Saha-2016) : 9.17 DECEMBER 2020
Slide 31: Disclaimer Statement
Investor Presentation 31 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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