Waha Capital Company · ADX:WAHA

Waha Capital — FY2017 Earnings Presentation

17 slides from Waha Capital's earnings presentation, February 2018

  1. Slide 1: FY 2017: Earnings Presentation

    FY 2017: Earnings Presentation February 2018 Principal Investments Asset Management

  2. Slide 2: FY 2017 Highlights

    FY 2017 Highlights  FY 2017 net profit of AED 426 million compared to AED 407 million in FY 2016, driven by - Aercap impairment adjustment of AED 245 million - Gain on disposal of Proficiency Healthcare Diagnostics (PHD), a subsidiary of Anglo Arabian Healthcare (AAH) AED 124 million - Gain on part

  3. Slide 3: FY 2017 Financial Highlights

    FY 2017 Financial Highlights All Rights Reserved © Waha Capital 2015

  4. Slide 4: Financial Highlights

    FY 2017 Financial Highlights  Net profit of AED 425.9 million, compared to AED 407.2 million in FY 2016 NET PROFIT  EPS of AED 0.23 compared to AED 0.22 in FY 2016  Assets of AED 11.4 billion as at December 2017 vs. AED 10.0 billion as at December 2016, an increase of 13.4% AED 426m  4.6% vs. FY

  5. Slide 5: Financial Highlights

    FY 2017 Financial Highlights TOTAL INCOME TOTAL EXPENSES NET PROFIT In line  5.4%  4.6% vs. FY 2016 vs. FY 2016 vs. FY 2016 AED MILLIONS FY 2017 FY 2016 Total Income 1,161 1,150 Expenses - Parent (270) (270) Expenses - Subsidiaries (437) (477) Non Controlling interest (28) 4 Net Profit attributabl

  6. Slide 6: Financial Highlights

    FY 2017 Financial Highlights TOTAL ASSETS MARKET CAP(1) DEBT CASH AED 11.4bn AED 4.2bn AED 6.6bn AED 520mn AED MILLIONS 31 DEC 2017 31 DEC 2016 Cash 520 571 Investments in equity-accounted investees & Assets held 5,540 5,034 for sale Investment Property 759 681 Other Investments(2) 3,818 3,067 Other

  7. Slide 7: FY 2017 Business Highlights

    FY 2017 Business Highlights All Rights Reserved © Waha Capital 2015

  8. Slide 8: Principal Investments - AerCap

    FY 2017 Business Highlights Principal Investments - AerCap  During 2017, AerCap carried out a share buyback program, which the Group FY 2017 KEY HIGHLIGHTS did not participate in. Consequently, the Group’s beneficial ownership  Reported net profit of US$ 1,076.2 million, compared to US$ 1,046.6 mi

  9. Slide 9: Principal Investments – Dunia Finance

    FY 2017 Business Highlights Principal Investments – Dunia Finance NET INTEREST INCOME DEPOSITS NET LOAN BOOK  9%  2%  3% vs. FY 2016 vs FY 2016 vs. FY 2016 OVERVIEW YTD SEP 2017 KEY HIGHLIGHTS (1)  Abu Dhabi-based consumer finance company established in 2008 with initial paid up capital of AED 5

  10. Slide 10: Principal Investments – NPS Holdings Limited

    FY 2017 Business Highlights Principal Investments – NPS Holdings Limited TOTAL REVENUE CONTRACTS IN PROGRESS TOTAL ASSETS  21% AED 2.0bn  5% vs. FY 2016 As at FY 2017 Vs. FY 2016 OVERVIEW FY 2017 KEY HIGHLIGHTS  Regional leading provider of oilfield services  Secured & extended contracts worth A

  11. Slide 11: Principal Investments – Waha Land

    FY 2017 Business Highlights Principal Investments – Waha Land NET REVENUE NET PROFIT FUNDING SECURED 4%  35% AED 426mn vs. FY 2016 vs. FY 2016 for stage 2 OVERVIEW FY 2017 KEY HIGHLIGHTS  Waha Capital received 6 km2 of land grant from the  Development of Stage 2A is underway (92,500 m2 of SIUs);

  12. Slide 12: Principal Investments – Channel VAS Investments Limited

    FY 2017 Business Highlights Principal Investments – Channel VAS Investments Limited NET REVENUE DIVIDEND CONFIRMED SUBSCRIBERS In line  17% +500mn vs. FY 2016 vs. FY 2016 OVERVIEW FY 2017 KEY HIGHLIGHTS  In September 2017, Waha Capital acquired a 20% stake in Dubai-based  Revenue of AED 170.1 mil

  13. Slide 13: Asset Management – Funds

    FY 2017 Business Highlights Asset Management – Funds CEEMEA FIXED INCOME CEEMEA FIXED INCOME MENA EQUITY MENA EQUITY RETURN RETURN RETURN RETURN  15.4%  123.3%  15.5%  102.5% FY 2017 Since inception Jan 2012 FY 2017 Since inception Jan 2014 CEEMEA FIXED INCOME FUND MENA EQUITY FUND  The fund fo

  14. Slide 14: Asset Management – Funds

    FY 2017 Business Highlights Asset Management – Funds MENA VALUE FUND* CREDIT OPPORTUNITIES FUND PRIVATE EQUITY FUND  Initial seed capital of AED 184  Establishing Credit Opportunities  Establishing Private Equity Fund million ($50 million) deployed Fund by committing AED 184 million including tra

  15. Slide 15: Asset Management – Private Equity – Anglo Arabian Healthcare

    FY 2017 Business Highlights Asset Management – Private Equity – Anglo Arabian Healthcare TOTAL REVENUE TOTAL ASSETS EQUITY  3%  29% 54 % FY 2016 vs. FY 2016 vs. FY 2016 OVERVIEW FY 2017 KEY HIGHLIGHTS  UAE healthcare company, with an initial focus on hospitals, clinics,  Consolidated revenue of

  16. Slide 16: Summary & Outlook

    Summary & Outlook  Recalibration of performance across all segments in FY 2017, in line with the revenue diversification strategy.  Core Principal Investments portfolio complemented by the Asset Management Business to accelerate revenue diversification  Investment strategy remains highly focused

  17. Slide 17: 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 is confidential and may not be reproduced or further distribute

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