Pro Kapital Grupp AS · OMXTSE:PKG1T
Pro Kapital Grupp AS — Q1 2019 Earnings Presentation
18 slides from Pro Kapital Grupp AS's earnings presentation, May 2019
Slide 1: Results for the 1st quarter of 2019
Results for the 1st quarter of 2019
Slide 2: Paolo Michelozzi, CEO and Angelika Annus, CFO
Paolo Michelozzi Angelika Annus CEO CFO
Slide 3: Business highlights
Rental agreements T1 Mall of Tallinn Number of visitors Kristiine City’s Tallinn Kristina Houses 7th house Business completed (10 in total) highlights €2.4 River Breeze Residence Riga million sold 2 apartments Final stages of Šaltinių Vilnius Namai Attico 4th house
Slide 4: Financial highlights
Financial highlights 12,000 10,372 10,000 8,000 6,798 6,000 4,142 4,000 in thousands of euros 2,644 1,804 2,000 687 -113 -118 0 Revenue Gross profit Operating result Net result -2,000 2019 Q1 2018 Q1
Slide 5: Profit and loss statement
Profit and loss statement 2019 Q1 2018 Q1 CONTINUING OPERATIONS Operating income Revenue 10 372 6 798 Cost of goods sold -6 230 -4 994 Gross profit 4 142 1 804 Marketing expenses -142 -179 Administrative expenses -1 353 -1 085 Other income 27 176 Other expenses -30 -29 Operating profit 2 644 687 Fin
Slide 6: Segments
Segments in thousands of euros EST EST LV LV LT LT GER GER Total Total 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 2019 Q1 2018 Q1 Real estate 4 465 5 067 2 375 0 58 188 0 0 6 898 5 255 Rent 2 502 1 17 18 20 25 0 0 2 539 44 Hotels 0 0 0 0 0 0 864 898 864 898 Mainten ance 10 526 0
Slide 7: Balance sheet
Balance sheet 97% real-estate 41% equity portfolio 52% debts 3% 7% other cash & receivables
Slide 8: Assets
Assets Current assets 31.03.2019 31.03.2018 Cash and cash equivalents 6 166 8 225 Current receivables 845 4 459 Inventories 59 962 39 488 Total current assets 66 973 52 172 Non-current assets Non-current receivables 677 36 Property, plant and equipment 7 743 7 125 in thousands of euros Investment pr
Slide 9: Liabilities
Liabilities Current liabilities 31.03.2019 31.03.2018 Current debt 14 540 10 667 Customer advances 5 510 6 920 Current payables 8 188 12 210 Tax liabilities 395 510 Short-term provisions 903 176 Total current liabilities 29 536 30 483 Non-current liabilities Long-term debt 113 937 64 651 Other non-c
Slide 10: Equity
Equity Equity attributable to owners of the Company 31.03.2019 31.03.2018 Share capital in nominal value 11 338 11 338 Share premium 5 661 5 661 Statutory reserve 1 082 1 082 Revaluation reserve 3 262 3 262 Retained earnings 76 771 59 944 in thousands of euros Profit/ Loss for the period -43 -96 Tot
Slide 11: Cash flows
Cash flows -10000 -8000 -6000 -4000 -2000 0 2000 4000 6000 Net cash used/generated in operating activities -377 2,053 -3,564 Net cash used in by investing activities -9,010 3,067 Net cash generated by financing activities 4,865 -874 Net change in cash and cash equivalents -2,092 2019 Q1 2018 Q1 in t
Slide 12: Operations
Operations PROKAPITAL
Slide 13: Development and maintenance of shopping malls, residential quarters, business quarters
H ge ee NRT Dey Be et TALLINN DEVELOPMENT AND MAINTENANCE RESIDENTIAL BUSINESS OF SHOPPING MALLS QUARTERS QUARTERS
Slide 14: T1 Mall of Tallinn
T1 Mall of Tallinn New concept of entertainment and shopping: • Ferris Wheel on the rooftop • Super Skypark • Cinema • Restaurants • Shopping • Art Gallery • Services
Slide 15: Kristiine City and Kalaranna Quarter, Tallinn
Kristiine City Tallinn Largest residential area in the Baltics. Development stage: Kristina Houses ongoing. Ca 22,000 sqm of net sellable area in total, with 10 new apartment houses. Q1 – 7th house completed. Kalaranna Residential & Business Quarter Tallinn More than 30,000 sqm net sellable area. Re
Slide 16: Šaltinių Namai Attico and Kliversala Quarter
Šaltinių Namai Attico Vilnius Exclusive residential quarter right on the border of an old town of Vilnius. This is a living area with in the best location with feeling of a garden-city. Kliversala Quarter & River Breeze Residence Riga Residential Quarter on ca 5 hectares, with a unique location righ
Slide 17: Brivibas Business Quarter and Tallinnas Street Quarter
Brivibas Business Quarter Riga Commercial property development for modern office complex, build on the site of a former factory. Attractive commercial area - located at one of the main transport arteries. Ca 18,000 sqm net sellable area. Tallinnas Street Quarter Riga A residential area development i
Slide 18: Thank you!
Thank you! PROKAPITAL