Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — H1 2007 Earnings Presentation
31 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, August 2007
Slide 1: 1H07 BRSA Results Investor Presentation
Created with a trial version of Syncfusion Essential PDF 1H07 BRSA RESULTS INVESTOR PRESENTATION
Slide 2: Slide 2
Slide 3: TSKB, Banking Sector vs TSKB, Appendices
TSKB BANKING SECTOR vs TSKB APPENDICES 3
Slide 4: TSKB at a Glance
TSKB at a Glance... Ownership Structure* Main Subsidiaries 8.4% Yatırım Finansman Securities İş Leasing 50.1% 41.5% TSKB Real Estate Appraisal pp Free Float** TSKB Real Estate Investment Trust * 53.7% of stocks are quoted at ISE. ** 26.4% foreign participation (49.2% of the free float stocks) Financ
Slide 5: Mission
Mission Coupling reliable, objective, customer MISSION oriented development banking with dynamic investment banking activities 9To promote the growth of private sector 9To encourage and assist local and foreign capital to participate in Turkish companies 9To contribute to the growth of capital marke
Slide 6: History
History Established with the support of Issued Samurai Merged with CBT and IBRD to B d with Bonds ith Turkish T ki h S i Yatırım Sınai Y t promote the Treasury guarantee Bankası (SYB) private sector in Turkey 1950 1960’s 1980’s 1990’s 2000’s Corporate bonds Start of issued and Promoted private Marke
Slide 7: Core Business Lines
Core Business Lines Corporate C t & IInvestment t t Treasury Asset Development Banking Management & Banking Brokerage Medium & Long- IPOs; SPOs Fixed Income Asset Management term Financing to M&As Treasury TSKB Mutual Private Sector g Unit Marketing Funds have ( (more th than 4000 Fi i l and
Slide 8: Main Participations
Main Participations Main Participations Entity Sector TSKB Capital Market Price* Ownership (mn TRY) (mn TRY) Yatırım Finansman Securities Financial 95.78% 11.7 Not listed TSKB Real Estate Investment Trust Financial 96.00% 10.0 Not listed İ Leasing İş L i Fi Financial i l 28 56% 28.56% 139 5 139.5 36
Slide 9: Medium & Long Term Funds by Multilateral Agencies
Medium&Long Term Funds by Multilateral Agencies European p Investment Bank ((EIB)) World Bank (IBRD) Japan Bank for International Cooperation (JBIC) Kreditanstalt für Wiederaufbau (KfW) Council of Europe Development Bank (CEB) International Finance Corporation (IFC) Agence Française de Développement
Slide 10: Funding Base (mn)
Funding Base (mn) Ea Werks Bonk (IBRD) Europeon Investment Bank (EIB) Renewable Energy Project Loon Export Finance Intermediary Loon (EFIL 1) Export Finance Intermediary Loon (EFIL 11) 2005 SME Loon Industrial Sector Global I Loan Industrial Sector Global HI Loon Industrial Sector Global IV Loan Ind
Slide 11: Funding Base (mn)
Funding Base (mn) A Amount t T Tenor M t it Maturity 11
Slide 12: Funding Base
Funding Base By Sources Currency Risk Structure (USD mn) (mn USD) USD EUR JPY Total EIB 5.9% Total Assets 1 268 1,268 1 104 1,104 62 2 434 2,434 11.1% CEB Total Liabilities 1,361 1,114 68 2,543 37.0% AFD Net On-Balance -93 -10 -6 -109 2.3% JBIC Sheet Position 5.1% IBRD Net Off-Balance 63 -5 7 66 She
Slide 13: Sustainable Growth Over the Years
Sustainable Growth Over the Years Total Assets (USD mn) Funds Borrowed (USD mn) 3,044 3,609 2,422 2,881 2,466 2,419 77% of the 2 010 2,010 1,884 Long Term Funds borrowed are guaranteed by the Turkish Treasury. 2005 2Q06 2006 2Q07 2005 2Q06 2006 2Q07 Total Loans (USD mn) Shareholders’ Equity (USD mn)
Slide 14: Balance Sheet Composition
Balance Sheet Composition Assets Liabilities and Equity 6% 6% 3% 3% 2% 2% 10% 10% 13% 15% 14% 17% 53% 61% 56% 62% 84% 84% 84% 80% 37% 38% 28% 33% 2005 2Q06 2006 2Q07 2005 2Q06 2006 2Q07 Liquid Assets Loans Others Borrowings Equity Others 14
Slide 15: Loan Book
Loan Book NPL Ratio vs. Coverage Ratio Well Diversified Loan Portfolio 6% 120% 100% 5% NPL’s are low 100% 11% 5% FINANCE ENERGY PRODUCTION and fully 9% ENERGY DISTRIBUTION 4% 80% TRANS. & COMMU. provisioned 28% TOURISM 2.4% 2.2% 6% FOOD 3% 60% TEXTILE 6% 2% 1.3% 1.2% 40% OTHER MINING 5% METALS 2% OT
Slide 16: Syndicated Loans
Syndicated Loans TOTAL SYNDICATION AMOUNT BORROWER SIGNING DATE TSKB Ticket Size TITLE MATURITY Non-Cash Loans Oyak (Ataer) January 2006 USD 1,465,000,000 USD 100,000,000 - January 2011 OJER November 2006 USD 1,425,000,000 USD 50,000,000 - November 2008 DOĞUŞ OTOMOTİV December 2006 EUR 350,000,000 E
Slide 17: Securities Portfolio
Securities Portfolio Securities Portfolio (USD mn) Average Maturity (Years) 1 99 1.99 2Q07 7 77% 7.62 71% 2.65 006 20 55% 4.25 1.85 TL Securities 2Q06 2.75 FX Securities Breakdown of Securities Portfolio FX TL Floating Total T t l Securities S iti 15% Floating Zero Portfolio is 24% Coupon classified
Slide 18: Sufficient Capitalisation
Sufficient Capitalisation Capital Base (USD mn) Capital Adequacy Ratio Tier I Capital Tier II Capital 37% Deductions 33% 307 462 26% 25% 391 64 56 61 -1 -1 -83 2005 2Q06 2006 2Q07 2Q06 2006 2Q07 Free Capital Risk Weighted Assets Market Risk Credit Risk Operational Risk 10.4% 0% 0% 0% 9.8% 9.5% 9% 8.
Slide 19: Income Statement
Income Statement Net Profit (USD mn) Income Composition Interest Income (USD mn) Breakdown of Interest Income Share off IEA in Sh i 49% 45% TA is 94% Loans Liquid Li id 51% 55% Assets 2Q06 2Q07 19
Slide 20: Financial Summary
Financial Summary Income Statement Loan Spread (000 USD) 1H06 1H07 Change Adj. Net Interest Income 42,808 48,072 12% 2.4 2.3 2.2 Net Commissions 5,881 10,224 74% Released Provisions 4,313 1,090 -75% Other Operating Income 4,113 10,363 152% 2Q06 2006 2Q07 Net Banking Income 57,114 69,749 22% Personne
Slide 21: Financial Highlights
Financial Highlights Ratios Financials 2Q06 2006 2Q07 (USD mn) 2Q06 2006 2Q07 CAR 25.8% 32.9 % 25.0 % Assets 2,419 2,881 3,609 Free Capital 8.7% 9.8 % 9.5 % Liquid 672 946 1,385 Assets Cost to 27.8% 25.7 % 23.0% Loans 1,494 1,757 2,018 income NIM 4.2% 4.1% 3.1% Partic. 85 106 128 ROAE 17.1% 18.7 % 1
Slide 22: Banking Sector vs TSKB
TSKB BANKING SECTOR vs TSKB APPENDICES 22
Slide 23: Banking Sector vs TSKB as of 2006
Banking Sector vs TSKB as of 2006 LOANS / ASSETS NPL IEA / T.ASSETS 92% 90% 58% 3.8% 45% 1.3% Sector TSKB Sector TSKB Sector TSKB TOTAL EXPENSES / ROAA ROAE AVG. ASSETS 2.7% 3.4% 2.3% 18.9% 18.1% 1.1% Sector TSKB Sector TSKB Sector TSKB 23
Slide 24: Appendices
TSKB BANKING SECTOR vs TSKB APPENDICES 24
Slide 25: Ratings
Ratings TSKB’s Fitch Ratings (May 2007) TSKB’s Moody’s Ratings (April 2007) F Foreign i and d Local L l Currency C Fi Financial i l Strenght St ht Rating R ti D+ Outlook (FSR) Stable Long Term Foreign Currency BB- Long Term Foreign Currency B1 Long Term Local Currency BB Local Currency Deposit Baa1/
Slide 26: Participations as of 2007
Participations as of 2007 Entity Sector Ownership Capital (TRY) Yatırım Finansman Menkul Değerler A.Ş. (Yatırım Finansman Securities) Financial 95.78% 11,675,000 TSKB Gayrimenkul Yatırım Ortaklığı A.Ş. (TSKB Real Estate Investment Trust) Financial 96.00% 10,000,000 Entity Sector Ownership Capital (T
Slide 27: Awards
Awards “Best Real Estate Advisor” Advisor” in Turkey – 2005 “Best M&A House” House” in Turkey by Euromoney – 2005 “Best Local Partner” Partner” by Euromoney Awards for Excellence – 2004 “Best Securities Firm Firm”” by Euromoney – 1997 1997,, 1998 and 1999 “Best Credit Rating among Banks in
Slide 28: Certificate
Certificate CERTIFICATE The TUV CERT Certification Body of TUV Rheinland Industrie Service GmbH certifies in accordance with TUV CERT procedures that TSB TURKIYE SINAi KALKINMA BANKASI A.S. MECLisi MEBUSAN CADDESI, 161 FINDIKLVISTANBUL TURKEY has established and applies an environmental management s
Slide 29: Organization Chart 2007
Organization Chart 2007 IN FO R M ATIO N TE C H N O LO G Y & H U M A N APPLIC AT IO N SYST EM H U M AN R ESO U R C ES SYST EM & N ET W O R K RESOURCES D EVEL O PM EN T D EVEL O PM EN T S U PPO R T G Ö KH AN E X E C U TIV E V IC E Ç AN AKPIN AR Y ET KİN KESLER O LC A Y T AT LIO Ğ LU ER KAN M İS KET D
Slide 30: Contacts
Contacts Meclisi Mebusan Caddesi No 161, 34427 Fındıklı Istanbul/TURKEY INVESTOR RELATIONS Tel: +90 212 334 5276 Fax: +90 212 243 2975 E-mail: ir@tskb.com.tr www.tskb.com 30
Slide 31: Disclaimer
Disclaimer The information in this document has been obtained by Türkiye Sınai Kalkınma Bankası A.S. (“TSKB”) from sources believed to be reliable, however, TSKB cannot guarantee the accuracy, completeness, or correctness of such information. This document has been issued for information purposes on
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