Kuwait Financial Centre Kpsc · KSE:MARKAZ
Kuwait Financial Centre Kpsc — Kuwait Financial Centre K.P.S.C. "Markaz" — FY2020 Earnings Presentation
20 slides from Kuwait Financial Centre Kpsc's earnings presentation, 2021
Slide 1: Earnings Presentation 2020
Kuwait Financial Centre K.P.S.C. "Markaz" (Boursa Kuwait: MARKAZ) Earnings Presentation 2020 Asset Management | Investment Banking
Slide 2: Discussion Agenda
Discussion Agenda 2020 Performance Highlights …………….......…….… 3 Markaz Overview ……….……...………...................… 5 Business and Financial Highlights……..……..….….… 8 Shareholders Information …………………………..… 18 2
Slide 3: 2020 Performance Highlights
2020 Performance Highlights Markaz Assets Under Management of KD 979 million Profit and Loss Highlights KD 13.16 mn Total Revenue KD 8.13 mn KD 3.09 mn Management Fees & Commission Return on Principal Investments Revenue excluding Gain/Loss from Net Rental Income KD 2.43 mn Asset Management KD 7.52
Slide 4: 2020 Performance Highlights
2020 Performance Highlights Markaz reduces net loss to KD 1.72 million for 2020, after achieving net profit of KD 4.3 million for Q4 ending December 2020 Kuwait Financial Centre “Markaz” (KSE: Markaz, Reuters: MARKZ.KW, Bloomberg: MARKAZ:KK) reported its financial performance with a net profit of KD
Slide 5: Markaz Overview
Markaz Overview A leading financial institution in the region delivering consistent shareholder returns Leading market position Sustainable long-term Building a sustainable Our Team, the cornerstone of shareholder returns economy in Kuwait our success As one of the region’s leading Generates sustain
Slide 6: Markaz Overview (cont’d)
Markaz Overview (cont’d) Delivering International Investment Reach to our Clients Germany US Poland Turkey Kuwait Qatar Bahrain Oman KSA India UAE Egypt Lebanon Equity Fixed Income MENA Real Estate Investments International Real Estate Investment Banking Advisory Offices 6
Slide 7: Markaz Overview (cont’d)
Markaz Overview (cont’d) One of the most recognized and well awarded brands across the MENA region Best Asset Manager Best Investment Bank in Corporate Social Most Innovative Financial in Kuwait Kuwait Responsibility Award in Institution in the By: Global Finance the Middle East Middle East By: EMEA
Slide 8: Business Highlights
Business Highlights Total AUM of KD 979 million at the end 2020 Asset Management Real Estate Investments Middle East and North Africa, International GCC Equity Funds, Fixed Income Fund, Others Total AUM of KD 359.4 million Total AUM of KD 696.6 million MENA Real Estate – AUM of KD 295.0 million ▪ As
Slide 9: Business Highlights (cont’d)
Business Highlights (cont’d) Adding significant value to clients through high quality advisory services and research Investment Banking Research M&A, Advisory, Equity & Debt Capital Markets, IPOs and Mena focused Research, Consulting Services restructuring ▪ Publishes MENA focused research reports a
Slide 10: Financials Trend
Financials Trend 2020 Revenues growth on y-o-y basis Net Profit (KD 000’s) ▪ 2020 Total Revenue declined primarily due to the Covid-19 ▪ The net profit declined due to decline in revenues and fair pandemic and its impact on the business especially in the first half value adjustment of financial asse
Slide 11: Financials Trend (cont’d)
Financials Trend (cont’d) Return on Equity1 Dividend per Share and Payout ▪ Return on Equity of (1.9)% in 2020 was primarily due to a loss ▪ In view of the ongoing pandemic, the Board of Directors did not proposed dividend for the full year ended 31st December 2020 arising from financial assets at f
Slide 12: Profit & Loss Key Metrics
Profit & Loss Key Metrics Year Ended Y-o-Y (KWD 000's) 2020 2019 Growth (%) 2020 Income Analysis Management Fees and Commission 8,131 8,692 (6.5%) Interest Income 552 1,022 (46%) 13,161 Dividend Income 1,002 1,595 (37%) (Loss) / Gain from Investments at Fair Value (2,077) 9,934 (121%) 8,131 through
Slide 13: Balance Sheet Key Metrics
Balance Sheet Key Metrics (KWD 000's) Dec Sep Jun Dec 2020 2020 2020 2019 ASSETS Cash and bank balances 9,951 8,634 10,399 4,937 Time deposits 9,483 2,134 127 1,332 Investments at fair value through profit or loss 90,101 96,044 95,773 106,646 Asset Under Management Investments at fair value through
Slide 14: Asset Management & Investment Banking
Asset Management & Investment Banking Management Fees & Commission (KD 000’s) CAGR 4.3% 8,930 8,692 7,782 8,131 7,302 2016 2017 2018 2019 2020 Asset Management Fees1 (KD 000’s) Investment Banking Fees (KD 000’s) CAGR CAGR 1.1% (19.2)% 8,114 1,724 7,206 7,519 1,436 6,346 6,237 1,065 578 612 2016 2017
Slide 15: Asset Management Fees Returns
Asset Management Fees Returns Asset Management Fees1 (KD 000’s) AUM (KD million) 8,114 1,093 1,143 7,206 7,519 1,027 979 935 6,346 6,237 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Annualized Management Fees (%) 0.77% 0.68% 0.71% 0.66% 0.61% 2016 2017 2018 2019 2020 1. Asset Management include
Slide 16: Return on Principal Investments
Return on Principal Investments Income Returns (KD 000’s) Investment Assets1 (KD million) 14,706 186 175 157 137 145 8,058 6,428 5,576 3,090 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 Annualized Income Returns (%) 8.4% 5.6% 4.1% 4.1% 1.7% 2016 2017 2018 2019 2020 1. Investment Assets include
Slide 17: Capital Structure and Returns
Capital Structure and Returns Markaz Net Debt to Total Equity reduced to 0.37x (KD 000's) Dec Dec Dec Return on Assets1 (%) 2020 2019 2018 Bank borrowings 21,081 41,632 22,565 3.5% 2.6% 2.7% Due to Banks 649 - - 1.3% Bonds Issued 44,350 25,000 25,000 Total Debt 66,080 66,632 47,565 (0.8)% Cash and B
Slide 18: Shareholders Information
Shareholders Information Focused on sustainable value creation for shareholders Major Shareholders Corporate Information Main Market – Boursa Kuwait Major Shareholders Type % Holding Market Segment Listing (Sec Code: 213) Kuwait Pillars for Financial Investment Direct 29.69% 2020 Dividends Cash Divi
Slide 19: Disclaimer
Disclaimer This document has been prepared by Churchgate Partners for Kuwait Financial Centre K.P.S.C. (“Markaz”) investors, solely for informational purposes. This presentation may contain statements that are not historical facts, referred to as “forward looking statements” .The information contain
Slide 20: Kuwait Financial Centre K.P.S.C. "Markaz" contact details
Kuwait Financial Centre K.P.S.C. "Markaz" P.O. Box 23444, Safat 13095 State of Kuwait Tel: +965 2224 8000 Fax: +965 2242 5828 Email: info@markaz.com www.markaz.com
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