Turkiye Sinai Kalkinma Bankasi A.s. · BIST:TSKB
Turkiye Sinai Kalkinma Bankasi A.s — Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — H1 2008 Earnings Presentation
24 slides from Turkiye Sinai Kalkinma Bankasi A.s's earnings presentation, 2008
Slide 1: 1H08 BRSA Results Investor Presentation
Created with a trial version of Syncfusion Essential PDF 1H08 BRSA RESULTS INVESTOR PRESENTATION
Slide 2: Slide 2
Slide 3: TSKB
TSKB APPENDICES
Slide 4: TSKB at a Glance
TSKB at a Glance... Ownership Structure* Main Subsidiaries Yatırım Finansman Securities İş Leasing Free Float** Float TSKB Real Estate Appraisal TSKB Real Estate Investment Trust * 53.4 % of stocks are quoted at ISE. Financial Summary (USD mn) **20.6 % foreign participation (38.5 % of the free float
Slide 5: Core Business Lines
Core Business Lines CORPORATE & INVESTMENT ASSET DEVELOPMENT MANAGEMENT TREASURY BANKING BANKING FIXED INCOME CORPORATE LOANS M&A MUTUAL FUNDS Proactive management of Longstanding relations • Best M&A House” by Ranking 1st in assets portfolio structure with solid corporate base Euromoney Award
Slide 6: 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 7: Funding Base
Funding Base By Sources Currency Risk Structure (USD mn) (mn USD) USD EUR JPY Total Total Assets 1 465 1,465 1 545 1,545 46 3 056 3,056 Total Liabilities 1,399 1,643 57 3,099 Net On-Balance -66 98 11 43 Sheet Position Net Off-Balance -97 121 11 35 Sheet Position Net -31 23 0 -8 72% of Total Assets a
Slide 8: Sustainable Growth Over the Years
Sustainable Growth Over the Years Total Assets (USD mn) Funds Borrowed (USD mn) 75% of the Long Term Funds borrowed are guaranteed by the Turkish Treasury. Total Loans (USD mn) Shareholders’ Equity (USD mn) Loans/Assets is 63%, one of the highest ratio in the sector. 8
Slide 9: Balance Sheet Composition
Balance Sheet Composition Assets Liabilities and Equity 9
Slide 10: Loan Book
Loan Book NPL Ratio vs. Coverage Ratio Well Diversified Loan Portfolio 15% FINANCE 5% NPL’s are low and ENERGY PRODUCTION ENERGY DISTRIBUTION fully provisioned 7% TRANSPORTATION & COMMUNICATI ON OTHER 26% TOURISM 5% FOOD METALS TEXTILE 5% OTHER MINING OTHER PRODUCTION 4% CHEMISTRY 2% CONSTRUCTION 2%
Slide 11: Renewable Energy Loans and Syndications
Renewable Energy Loans and Syndications Electricity Production Investments Financed 65 HEPPs – Total 2.133 MW Totally ll 1.168 mn USD lloan amount is 2 WPPs – Total 53 MW allocated for 2.255 MW capacity. Utilization is continuing. 2 GPPs – Total 58 MW Others ‐ Total 11 MW Natural Gas Pipeline Natura
Slide 12: Securities Portfolio
Securities Portfolio Securities Portfolio (USD mn) Average Maturity (Years) 2 91 2.91 2Q08 8 1185 FC 13.41 933 881 2.61 2007 TRY 350 82 8.2 2 269 276 2Q07 2007 2Q08 1.99 TL Securities 2Q07 7.62 FX Securities Breakdown of Securities Portfolio FX FX Floating Fl ti Floating Securities Zero 5% Zero 4% C
Slide 13: Sufficient Capitalisation
Sufficient Capitalisation Capital Base (USD mn) Capital Adequacy Ratio Tier I Capital Tier II Capital Deductions Free Capital Risk Weighted Assets 13
Slide 14: Income Statement
Income Statement Net Profit (USD mn) Income Composition Interest Income (USD mn) Breakdown of Interest Income Share off IEA in Sh i TA is 95% 14
Slide 15: Financial Summary
Financial Summary Income Statement Loan Spread (000 USD) 2Q07 2Q08 Change Adj. Net Interest Income 56,553 75,182 33% Net Commissions 1,546 1,458 -6% Released Provisions 988 3,657 270% Other Operating Income 10,465 21,635 107% Net Banking Income 69,552 101,933 47% Personnel Expenses 9 305 9,305 12 10
Slide 16: Financial Highlights
Financial Highlights Ratios Financials 2Q07 2007 2Q08 (USD mn) 2Q07 2007 2Q08 CAR 25.0 % 27.6 % 21.6 % Assets 3,609 4,195 4,234 Free Capital 9.5 % 9.9 % 9.3 % Liquid 1,385 1,530 1,361 Assets Cost to 23.0 % 18.9 % 20.6 % Loans 2,018 2,393 2,658 income NIM 3.1 % 3.4% 3.9 % Partic. 128 181 139 ROAE 17.
Slide 17: Investment Banking-1
Investment Banking‐1 Corporate Finance – Scope of Business Corporate Finance Scope of Business Privatization of Turkish Privatization of İskenderun AKSA Power Generation VARYAP Real Estate Strategic Sell-Side or Buy-Side Highways&Bridges Advisory TCDD Port Equities-Fixed Income Public Offering Strat
Slide 18: Investment Banking-2
Investment Banking-2 ¾ Securities department supplies high net worth individuals with tailor-made sophisticated financial products that are designed with a Income Composition global perspective, and augments the cross- selling matrix of the bank. Repo T-Bills & Bonds Equity Mutual Funds Sec.back.loa
Slide 19: TSKB Appendices
TSKB APPENDICES
Slide 20: TSKB's Fitch and Moody's Ratings
TSKB’s Fitch Ratings (Feb 2008) TSKB’s Moody’s Ratings (Jan 2008) F Foreign i and d Local L l Currency C Fi Financial i l Strength St th Rating R ti D+ Outlook (FSR) Stable Long Term Foreign Currency BB- Long Term Foreign Currency B1/NP Long Term Local Currency BB + Local Currency Deposit Baa1/P2 Sh
Slide 21: Awards
Awards “Sustainable Emerging Markets Bank of the Year” by Times and IFC (International Finance Corporation) – 2008 “European Transport Deal of the Year” by Euromoney for Mersin Port – 2007 “European Renewables Geothermal Deal of the Year” by Euromoney for Gurmat – 2007 “EMEA Infrastructure Deal of t
Slide 22: 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 23: Contacts
Contacts Meclisi Mebusan Caddesi, No:81, 34427 Fındıklı Istanbul/TURKEY INVESTOR RELATIONS Tel: +90 212 334 5152 Fax: +90 212 334 5234 E-mail: ir@tskb.com.tr www.tskb.com 23
Slide 24: 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
Türkiye Sınai Kalkınma Bankası A.Ş. (TSKB) — H1 2008 Earnings Presentation on 6ix