Slide 1: General Meeting & Shareholder Update
June 26th 2015 General Meeting & Shareholder Update --
Slide 2: Content
Content 1. B2Holding overview 2. Financial figures 3. Update CONTENT 2
Slide 3: B2Holding current status
B2Holding current status B2Holding has established itself as one of the leading players in the markets where the Group operates Strategic acquisitions carried out in 2014 has strengthen the Groups position in the Baltics and CEE and B2Holding has a strong platform for further growth Centre of excell
Slide 4: Group Overview
GROUP OVERVIEW 1,143 employees (7 employees) 100% 100% 100% 100% 100% 100% B2Holding Kapital d.o.o. Established 2012 1991 2009 1995 2013 2002 Finland Presence Sweden Norway Latvia Balkans1 Poland B2H in total Estonia # of employees 24 147 4 76 96 789 1,143 B2HOLDING 1 Croatia, Slovenia, Serbia, Mont
Slide 5: B2Holding Corporate Staff
B2Holding Corporate Staff Board of B2Holding CEO Office Manager Olav Dalen Zahl Ingeborg Andresen Finance/Legal/Compliance Strategy/Business Development/M&A Harald Henriksen Henrik Wennerholm Rasmus Hansson Accounting/Controlling/Risk Chief Investment Officer Erik Just Johnsen Jeremi Bobowski Amar D
Slide 6: Board of Directors
Board of Directors Jon Harald Nordbrekken – Chairman and Trygve Lauvdal - Board member Founder (60% employment in B2Holding) Board member since 2013 After four years as CEO of Intrum Justitia Norway, Investment director at Rasmussengruppen AS, an Nordbrekken founded Aktiv Kapital in 1991, wher
Slide 7: Geographical Presence
GEOGRAPHICAL PRESENCE Operations in 10 countries across Europe Operations and portfolios: Norway Sweden Finland Estonia Latvia Poland Croatia Serbia Slovenia Montenegro Portfolios – no operation: Italy Lithuania (partly owned company) Denmark Romania (operation to be established in 2015) Offices: Au
Slide 8: Shareholders
SHAREHOLDERS Shares are listed at NOTC Shareholders (as of 22 June 2015) RANK SHAREHOLDER # OF SHARES % HOLDING 1 RASMUSSENGRUPPEN AS 54 739 886 17,58 % 2 PRIORITET GROUP AB 50 198 497 16,12 % 3 VALSET INVEST AS* 24 000 000 7,71 % 4 STENSHAGEN INVEST AS 18 316 700 5,88 % 5 INDIGO INVEST 11 897 619 3
Slide 9: Content
Content 1. B2Holding overview 2. Financial figures 3. Update CONTENT 9
Slide 10: B2Holding Group Consolidated – P&L 2014
B2Holding Group Consolidated – P&L 2014 2014 IFRS 2014 IFRS actuals estimates as of Diff NOK (Million) 30.09.2014 Interest income on purchased loan portfolios 399 366 33 Revenue from external collection 91 96 -6 Other operating revenues 20 8 12 Total operating revenues 510 470 40 Write down on portf
Slide 11: B2Holding Group Consolidated with Ultimo FY – P&L 2014
B2Holding Group Consolidated with Ultimo FY – P&L 2014 2014 IFRS incl. 2014 IFRS actuals NOK (Million) Ultimo full year Interest income on purchased loan portfolios 399 727 Revenue from external collection 91 91 Other operating revenues 20 23 Total operating revenues 510 840 Write down on portfolios
Slide 12: B2Holding Group consolidated P&L January – May 2015
B2Holding Group consolidated P&L January – May 2015 2014 IFRS incl. YTD NOK (Million) Ultimo full year May 2015 Interest income on purchased loan portfolios 727 313 Revenue from external collection 91 40 Other operating revenues 23 17 Total operating revenues 840 370 Write down on portfolios 261 149
Slide 13: B2Holding Group Consolidated - Balance Sheet May 2015
B2Holding Group Consolidated - Balance Sheet May 2015 2014 May 2015 NOK (Million) Tangible and intangible asset 419 395 Other long term financial asset 2 2 Non performing loans portfolio 2 017 1 927 Loan receivables & other financial assets 168 186 Total long term financial assets 2 187 2 115 Other
Slide 14: Portfolios
Portfolios NOK (million) 2014 2015 2015 Portfolio summary 31.des 31.mai 25.jun Portfolio purchases 527 123 354 Total claims outstanding (million) 3,45 3,52 3,96 Total Face value outstanding 30 931 32 474 33 663 ERC 4 430 4 122 4 631 B2HOLDING 14
Slide 15: Content
Content 1. B2Holding overview 2. Financial figures 3. Update CONTENT 15
Slide 16: Financing – Bank, Bond and IPO
Financing – Bank, Bond and IPO The acquisition facility established in connection with the Ultimo acquisition in August 2014, was a bridge loan intended to be replaced by a corporate credit revolving facility In addition, B2Holding has 2 revolving credit facility financing the Swedish and Finnish po
Slide 17: Market activities
Market activities Continued focus on growth in existing markets leveraging existing platforms Expansion into selected markets in Central and Eastern Europe through greenfield or acquisitions Continued development of Centre of Excellence for portfolio acquisitions in Luxembourg Balkan region a focus
Slide 18: Balkan region
Balkan region B2Holding Kapital d.o.o. established as a greenfield operation in Croatia in 2013 Regional management headquartered in Vienna Established operations in Serbia, Slovenia and Montenegro in 2014 Large portfolio acquired in August 2014 Acquired from entities within the Hypo Alpe Adria Gr
Slide 19: B2 Holding – Making each other better
B2 HOLDING Making each other better