Waha Capital Company · ADX:WAHA
Waha Capital — Q3 2013 Earnings Presentation
12 slides from Waha Capital's earnings presentation, Nov 11, 2013
Slide 1: Third Quarter 2013 Financial Results
Third Quarter 2013 Financial Results 11 November 2013 All Rights Reserved © Waha Capital 2013
Slide 2: Table of Contents
Table of Contents Highlights…………………………………………………………………………………... 03 9-month 2013 Financial Performance …………………………………………………...04 Q3 2013 Financial Performance …………………………………………………….…... 05 Financial Position…………………………………………………………………............. 06 Performance Contribution.………………………………………………………………....07
Slide 3: Highlights
Highlights Performance reflects growth across all business divisions 9-Month 2013 Net Profit • Q3 2013 net profit of AED 107.1 million, up 289 percent over Q3 2012 Up 645% vs YTD 2012 • 9-month net profit of AED 230.8 million, up 645 percent over 9-month 2012 • Strong performance by direct investmen
Slide 4: 9-month 2013 Financial Performance
9-month 2013 Financial Performance 9-month 2013 INCOME 9-month 2013 EXPENSES 9-month 2013 PROFIT UP 192% vs 9-month 2012 UP 90% vs 9-month 2012 UP 645% vs 9-month 2012 In AED Million 9-month 2013 9-month 2012 Total Income 441 151 Total Expenses (211) (111) Net Profit attributable to shareholders 231
Slide 5: Q3 2013 Financial Performance
Q3 2013 Financial Performance Q3 2013 INCOME Q3 2013 EXPENSES Q3 2013 PROFIT UP 227% vs Q3 2012 UP 148% vs Q3 2012 UP 289% vs Q3 2012 In AED Million Q3 2013 Q3 2012 Total Income 199 61 Total Expenses (92) (37) Net Profit attributable to shareholders 107 27 Equity attributable to shareholders 2,451 2
Slide 6: Financial Position – as of 30 September 2013
Financial Position – as of 30 September 2013 TOTAL ASSETS EQUITY DEBT CASH AED 4.6b AED 2.5b AED 1.9b AED 122m 30 September 31 December AED in Million 2013 2012 Cash 122 220 Investment in equity-accounted investees 2,450 2,255 Investment Property 807 776 Other Investments 667 744 Other Assets 586 44
Slide 7: Performance Contribution – as of 30 September 2013
Performance Contribution – as of 30 September 2013 Net Profit Total Assets • Principal Investments and Capital Markets represent • Principal Investments represent the largest the largest contributors to net profit component of total assets with AerCap comprising 43% of the total assets • Key Princip
Slide 8: Portfolio Highlights – as of 30 September 2013
Portfolio Highlights – as of 30 September 2013 Principal Investments - AerCap Holdings Principal Investment - Dunia Finance • Signed new lease agreements for 10 aircraft • Expanded loan book, gaining c.18,100 new customers and achieved c.24% growth in its loan portfolio • Average term of lease agree
Slide 9: Portfolio Highlights – as of 30 September 2013
Portfolio Highlights – as of 30 September 2013 Principal Investment - MENA Infrastructure Industrial Real Estate - ALMARKAZ Fund • Construction of Phase I infrastructure and 90,000 m 2 of • Fund launched in 2007 with a total capital commitment of $300 Small Industrial Units (SIUs) completed in Decem
Slide 10: Mission & Strategy
Mission & Strategy To be the pre-eminent investment company in the region, with robust earnings visibility Acquire controlling stakes in companies with first class management Principal Grow business regionally, seeking investments in existing and new Investments sectors, including the education
Slide 11: Disclaimer
Disclaimer This document is not and does not form part of any offer for sale or solicitation of any offer to subscribe for or purchase any securities and is furnished solely for the informational purposes of the addressee. This document contains forward-looking statements. Forward-looking statements
Slide 12: Thank You
Thank You All Rights Reserved © Waha Capital 2013